LOAN AGREEMENT

Exhibit 10.33

LOAN AGREEMENT

         The Loan Agreement (hereinafter referred to as the "Agreement") is made and entered into by and between the following parties on June 11, 2010 (date):

Party A: Xx Xxxxxx

Party B: Xxx Xxxxx

Party C: Xxx Xxxxx

Party D: Liu Yasheng

Party E: Wang Pingyi

Party F: Zhang Fude

Party G: Ding Ding

Party H: Beijing Wan Qiao Mechanical and Electrical Equipment Co.

Legal person: Xxx Xxxxx

(Parties A, B, C, D, E, F, G and H are hereinafter referred to collectively as “Lenders”)

Party I: Beijing Wowjoint Machinery Co. is a limited company established in Beijing, the People’s Republic of China (“China”). Registered capital is RMB 28.5 million Yuan.

Legal person: Xxx Xxxxx

(Party I is hereinafter referred to as “Borrower”)

In the Agreement, Parties X, X, X, X, X, X, X, X and I are hereinafter referred to collectively as “the Parties” and respectively as “the Party”.

Each of the lenders receives consideration pursuant to Stock Transfer Agreement dated April 25, 2010 and wishes immediately to loan the entire amount of the stock transfer proceeds to the Borrower in the form of stockholder loans for the Borrower’s general working capital purpose.

The loan is interest free, with a tenor of 5 years from the date of this Agreement.

IN WITNESS WHEREOF, the Parties have duly executed this Agreement, or have caused this Agreement to be duly executed on their behalf, as of the date first

hereinabove set forth.

LENDERS:

Party A: Xx Xxxxxx		Party B: Xxx Xxxxx
/ s / Xx Xxxxxx		/ s / Xxx Xxxxx
Party C: Xxx Xxxxx		Party D: Liu Yasheng
/ s / Xxx Xxxxx		/ s / Liu Yasheng
Party E: Wang Pingyi		Party F: Zhang Fude
/ s / Wang Pingyi		/ s / Zhang Fude
Party G: Ding Ding
/ s / Ding Ding
Party H: Beijing Wan Qiao Mechanical and Electrical Equipment Co.
/ s / Xxx Xxxxx
Signature of legal person: XXX XXXXX
Seal:
BORROWER:
Party I: Beijing Wowjoint Machinery Co.
/ s / Xxx Xxxxx
Signature of legal person: XXX XXXXX
Seal: