0001204459-10-002550 Sample Contracts

Employment Agreement (English Translation)
Employment Agreement • October 28th, 2010 • China Power Technology, Inc. • Fabricated plate work (boiler shops)

Party A(The employer) Henan Kaifeng Desheng Boiler Co., Ltd. Registered Address No. 12, Gongyuan Road, Kaifeng City, Henan Province, China

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MAKE GOOD ESCROW AGREEMENT
Make Good Escrow Agreement • October 28th, 2010 • China Power Technology, Inc. • Fabricated plate work (boiler shops) • New York

This Make Good Escrow Agreement (the "Make Good Agreement"), dated effective as of June 16, 2010, is entered into by and among China Power Technology, Inc., a Nevada corporation (the "Company"), the Investors (as defined below), Honghai Zhang (the "Make Good Pledgor"), Sun Forever Limited as Investor agent (“Investor Agent”) and Escrow, LLC, as escrow agent ("Escrow Agent").

REGISTRATION RIGHTS AGREEMENT June 16, 2010
Registration Rights Agreement • October 28th, 2010 • China Power Technology, Inc. • Fabricated plate work (boiler shops) • New York

This will confirm that in consideration of your agreement on the date hereof to purchase an aggregate of 3,703,704 shares (the “Shares”) of Common Stock, $.001 par value per share of China Power Technology, Inc., a Nevada corporation (the “Company”), pursuant to the Securities Purchase Agreement of even date herewith (the “Purchase Agreement”) between the Company and you, among others, and as an inducement to you to consummate the transactions contemplated by the Purchase Agreement, the Company covenants and agrees with each of you as follows:

Agreement on Intended Purchases
Agreement • October 28th, 2010 • China Power Technology, Inc. • Fabricated plate work (boiler shops)

In order to achieve further cooperation, mutual promotion and common development, the purchaser and supplier have agreed on the establishment of a long-term and close relation between supply and demand. The two parties have come to this agreement based on the principle of mutual benefits and win-win cooperation.

Loan Agreement
Agreement • October 28th, 2010 • China Power Technology, Inc. • Fabricated plate work (boiler shops)

The Borrower applied for the working capital loan according to cash flow needs, the Lender agreed to issue the loan according to the articles and conditions mentioned below in the Agreement after investigation. In accordance with the relevant laws, regulations and rules in the People’s Republic of China (‘PRC’), the Borrower and Lender hereby set forth their rights and obligations to one another under this Loan Agreement and agree to be legal bound as follows:

Shanghai Pudong Development Bank Maximum Mortgage Loan Contract
China Power Technology, Inc. • October 28th, 2010 • Fabricated plate work (boiler shops) • Macau

To insure that the debtor fulfills its obligations under the master contract (refer to article ten) and to insure the obligee’s rights of the loaner, the mortgagor voluntarily provides security guarantee with the mortgaged property and bears guarantee obligations of all debts under the master contract.

AMENDED AND RESTATED OPTION AGREEMENT
Amended and Restated Option Agreement • October 28th, 2010 • China Power Technology, Inc. • Fabricated plate work (boiler shops) • Hong Kong

THIS AMENDED AND RESTATED OPTION AGREEMENT (this “Agreement”), dated as of September 18, 2010 (the “Effective Date”), between and among (i) Mr. Shiyong Fan, an individual citizen of New Zealand (the “Grantor”); and (ii) Mr. Honghai Zhang, an individual citizen of the People’s Republic of China (the “Optionee”) (each of the foregoing, a “Party” and together, the “Parties”) with respect to shares of Wise Winning Limited , a company organized under the laws of the British Virgin Islands (“Wise Winning”). Capitalized terms not otherwise defined have the meanings assigned to them in Exhibit A to this Agreement.

Agreement on Intended Purchases
Agreement • October 28th, 2010 • China Power Technology, Inc. • Fabricated plate work (boiler shops)

In order to achieve further cooperation, mutual promotion and common development, the purchaser and supplier have agreed on the establishment of a long-term and close relation between supply and demand. The two parties have come to this agreement based on the principle of mutual benefits and win-win cooperation.

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