Line of Credit Agreement

Exhibit 10.1

Line of Credit Agreement

10500014009

Party A: Guangfa Bank Co., Ltd. Shantou Branch

Address: Shaoshan Xinghe Mansion 1-4 Floor, S. Jinhuan Rd., Shantou

Zip Code: 515041

Legal Representative: Xxxxxx Xx

Telephone: 00000000

Fax: 00000000

Party B: Shantou Big Tree Toys Co., Ltd.

Address: South Part 0-000, Xxxxxx Xxxx, Xxxxxxx Xxxxxxxxxx Xxxx on North Yingbinbei Road

 in Waisha Town of Longhu District in Shantou,

Zip Code: 515041

Legal Representative: Xinna Cai

Business License: 000000000000000

Telephone: 00000000

Fax: 00000000

Both parties agree to enter the following agreement.

1. Definition:

2. The Line of Credit:

See Term 13 and 25 of this agreement.

3. Expiration Date

See Term 14.

4. Conditions:

Party B shall provide all the official documents that requested by Party A.

5. Interest Rate:

See Term 15.

6. Other Expenses:

Other expenses related to this agreement will be discussed by both parties in the actual business.

7. Guarantee:

Party A will enter guarantee or pledge agreement with the guarantor if it is required by the loan application.

8. Declaration and Guarantee

Party B declares that it is a legal entity and can fully bear the responsibilities that required by this agreement. Party A also guaranteed that it will provide any official document that requested by Party A related to this Line of Credit.

9. Breach:

Upon the event of any breach, Party B has the right to adjust or terminate the amount of this Line of Credit, partially or fully terminate this agreement and any other agreements signed under this agreement, directly transfer money from the escrow account without Party A’s consent to repay part or full amount of the debt that Party A owes to Party B and other necessary procedures.

10. Amendment and termination.

Any term of this agreement does not affect the effectiveness of other terms.

11. Notary

12. Special Notification

Party B is fully aware and understands all the terms of this agreement.

13. The amount of the credit

The max amount of this line of credit is RMB 23,000,000 Yuan.

14. Period:

The Line of Credit defined in Term 2 shall bear a Period from the effective day of this agreement to March 27 2015.

The period can be extended with both parties’ consents.

15. Interest Rate

The interest rate is 120% of the Chinese Benchmark Rate of commercial loan, the interest is due every three months.

If borrower doesn’t pay back the principal according to the deadline of agreement, the interest rate of default interest is 150% of the original interest rate from the overdue date.

If borrower doesn’t use the loan according to the agreement, the interest rate of default interest is 200% the original interest rate from the date of breach.

16. Loan Management

Party A has rights to know the production operation, financial activities, inventories, usage of loan of the borrower, and required borrower to provide files and information such as financial statements on time.

If some other behaviors that may affect the safety of loans, lender has rights to stop providing loans or takes back loans ahead of time.

17. Party B shall open an account at Party A’s Bank, the account will be used to repay and withdraw the fund.

18. Repayment

Party B shall deposit enough amount of money in the following account three business days prior to each due date.  Account Number: 105040512010006531

19. Guarantee

Party A will enter guarantee or pledge agreement with the guarantor if it is required by the loan application.

20. Line of Credit renew

21. Not Applicable

22. Govern Laws

This agreement shall be governed by P.R.C laws, and if there is any non-negotiable dispute between the two parties, the dispute shall be filed to local court.

23. Appendix

24. Others:

25. Party B has the right to recycling use the fund with maximum amount of RMB 23,000,000 Yuan. And the usage of the loan is to purchase toy products.

Party A: SEAL

Legal Representative: /s/Xxxxxx Xx

March 28, 2014

Party B: SEAL

Legal Representative: /s/Xinna Cai

March 28, 2014