EX-10 2 ex_10-23.txt LOAN AGREEMENT EXHIBIT 10.23 SHORT-TERM LOAN AGREEMENT Party A: Shanghai LiKang Disinfectant Hi-Tech Company, Limited. Party B: Shanghai LiKang Biological Hi-Tech Company, Limited. For Party B's working capital, Party A and Party B have agreed on following terms. 1. Party A agree to lend Party B RMB 5,000,000.00, monthly interest 0.558%; 2. The term of the loan is nine month; 3. Party B agree to return the loan within nine month; 4. If over nine month, 0.03% interest per day will be charged as penalty; 5. This agreement is effective as soon as both party sign and put on stamp; 6. Each party hold one copy of this agreement. Party A Shanghai LiKang Disinfectant Hi-Tech Company, Limited. Stamp /s/ Xue Lian Bian ----------------- Xue Lian Bian Party B Shanghai LiKang Biological Hi-Tech Company., Limited Stamp /s/ Wei Guan ------------ Wei Guan Date: January 02, 2007