THIS SUPPLEMENTARY AGREEMENT is made on 1 January 2007 BETWEEN

Exhibit 10.5

THIS SUPPLEMENTARY AGREEMENT is made on 1 January 2007

BETWEEN

XXXXXXX.XXX.XXX., whose principal executive office is situated at Room 1304-05, Xxxxxxx Xxxxx, 000 Xxxxxxxx Xxxx Xxxx, Xxxxxxxxx, Xxxxx 510600 (the ‘‘Company’’)

CHINAWE ASSET MANAGEMENT LIMITED, whose principal executive office is situated at 1307, 13/F., Block X, 00-00 Xxxx Xx Xxxx, Xxxxxxx, Xxxx Xxxx (‘‘CAM’’)

XXXXXX XXX WA XXX (‘‘Xx. Xxx’’) of 1307, 13/F., Block X, 00-00 Xxxx Xx Xxxx, Xxxxxxx, Xxxx Xxxx

WHEREAS the Company is a corporation listed on the NASDAQ-OTCBB of the United States:     CAM is a wholly-owned subsidiary of the Company and Xx. Xxx is a director of the Company.

This supplementary agreement is made to supplement the agreement dated 6 May 2003 made between the Company and Xx. Xxx (the ‘‘Agreement’’).

NOW IT IS HEREBY AGREED as follows:

(1)	The loan pursuant to the Agreement (the ‘‘Loan’’) was actually used by CAM and CAM should have the obligations to repay the principal and interests outstanding to Xx. Xxx; and

(2)	The repayment term of the Loan is extended to June 2007 while interest is charged at HK$20,153.80 per month from 30 June 2004 onwards.

Other terms in the Agreement remain the same.

XXXXXXX.XXX INC.			CHINAWE ASSET MANAGEMENT LIMITED			XXXXXX XXX WA CHU
By: /s/ Man Xxxxx Xxxx Xxx			By: /s/ Man Xxxxx Xxxx Wai			/s/ Xxxxxx Xxx Wa Xxx
Name: Man Xxxxx Xxxx Wai			Name: Man Xxxxx Xxxx Xxx
Title: CEO & President			Title: CEO & President