Contract

Exhibit 10.44

10.44 Electricity Sales Agreement, dated January 1, 2009, between
Shandong Xiangrui and Shandong Xinrui Chemical Devices Co., Ltd.

Party A (the Supplier): Shandong Xiangrui

Party B (the Purchaser): Shandong Xinrui Chemical Devices Co., Ltd.

• General Information

• Pursuant to the agreement Shandong Xiangrui supplies electricity to Shandong Xinrui Chemical Devices Co., Ltd.

	•		The price should be RMB 0.68679/KWH, the supply term is from January 1, 2009 to December 31, 2014.
	•		The disputes between each party shall be resolved by local court.

• Headlines of the articles omitted

• Miscellaneous