Exhibit 10.24

     The undersigned, Eric Gravell, Executive Vice President and member of the
Board of Directors of Chipcards, Inc., a California corporation (the
"Corporation"), represents that the following material contracts required to be
filed as part of the Corporation's registration statement on Form SB-2 are, to
the best of his knowledge, fair and accurate English translations of the Chinese
originals:



     1.   Sino Foreign Joint Venture Agreement, dated February 18, 2000, between
          the Company and Shandong Huang Tai Industrial Group

     2.   Agreement for Extending the Deadline of Foreign Investment
          Contribution, dated August 12, 2000 between the Company and Shandong
          Huang Tai Industrial Group of China.

     3.   Agreement of Purchase of Equipment, dated February 18, 2000, between
          the Company and China Card I.C. (Shanghai) Co., Ltd.

     4.   Supplemental Agreement amending the Agreement of Purchase of
          Equipment, the Agreement of Raw Materials and Sales and the Technical
          Services and Patent Technology Licensing Agreement, between the
          Company and China Card I.C. (Shanghai) Co., Ltd.

     5.   Addendum to the Agreement for Purchase of Equipment, between the
          Company and China Card I.C. (Shanghai) Co., Ltd.

     6.   Addendum to the Agreement for Purchase of Equipment, dated November
          10, 2000, between the Company and China Card I.C. (Shanghai) Co., Ltd.

     7.   Agreement of Raw Materials and Sales, dated February 18, 2000, between
          the Company and China Card I.C. (Shanghai) Co., Ltd.

     8.   Technical Support Agreement, dated February 18, 2000, between the
          Company and China Card I.C. (Shanghai) Co., Ltd.

     9.   Technical Services and Patent Technology Licensing Agreement, dated
          February 18, 2000, between the Company and China Card I.C. (Shanghai)
          Co., Ltd.

     10.  Materials Processing Agreement between the Company and China Card I.C.
          (Shanghai) Co., Ltd.

     11.  Agreement of Purchase of Equipment, dated April 1, 2000, between the
          Company and Shandong Huaguan Group General Company.

     12.  Agreement for Purchase of Raw Materials, dated April 1, 2000, between
          the










          Company and Shandong Huaguan Group General Company

     13.  Technical Services and Licensing Agreement, dated April 1, 2000,
          between the Company and Shandong Huaguan Group General Company.

     14.  Supplemental Agreement amending the Agreement of Purchase of
          Equipment, the Agreement for Purchase of Raw Materials and Sales and
          the Technical Services and Patent Technology Licensing Agreement,
          between the Company and Shandong Huaguan Group General Company

     15.  Agreement of Purchase of Equipment, dated May 8, 2001, between the
          Company and Hainan Pacific New High Tech Company.

     16.  Technical Services and Licensing Agreement, dated May 8, 2001, between
          the Company and Hainan Pacific New High Tech Company.

     17.  Agreement for Purchase of Equipment and Supplement, dated June 28,
          2001, between the Company and Beijing Zhong Dun Security Technology
          Development Company on behalf of the Ministry of Security No. 1
          Research Institute.

     18.  Technical Services and Licensing Agreement dated June 28, 2001 between
          the Company and Beijing Zhong Dun Security Technology Development
          Company on behalf of the Ministry of Security No. 1 Research
          Institute.

     19.  Agreement for Purchase of Equipment, dated September 3, 2001, between
          the Company and Beijing Bu Lu Dun High Tech Company Limited on behalf
          of the China Motor Vehicle Safety Inspection Center

     20.  Technical Services and Licensing Agreement, dated September 3, 2001,
          between the Company and Beijing Bu Lu Dun High Tech Company Limited on
          behalf of the China Motor Vehicle Safety Inspection Center.

     21.  Agreement for Purchase of Equipment, dated August 10, 2001, between
          the Company and Tranco Limited.

     22.  Technical Services and Licensing Agreement, dated August 10, 2001,
          between the Company and Tranco Limited.

     23.  Agreement for Purchase of Equipment, dated August 10, 2001, between
          the Company and Tranco Limited.

     24.  Technical Services and Licensing Agreement, dated August 10, 2001,
          between the Company and Tranco Limited.

     25.  Equipment Purchase Agreement, dated September 6, 2001, between the











          Company and Shangdong Lu Neng Huang Tai Industrial Group Limited.

     26.  Technical Services and Licensing Agreement, dated September 6, 2001,
          between the Company and Shangdong Lu Neng Huang Tai Industrial Group
          Limited.

     27.  Agreement of Transfer of Shares, dated September 6, 2001, between the
          Company and Shangdong Lu Neng Huang Tai Industrial Group Limited.

     28.  Agreement of Transfer of Shares, dated September 6, 2001, between the
          Company and Shangdong Lu Neng Huang Tai Industrial Group Material
          Trading Company.

     29.  Agreement of Transfer of Shares, dated September 6, 2001, between the
          Company and United Power (USA).




                  Signed to this 12th day of November, 2001.





                  By:          /s/ Eric Gravell
                     -------------------------------------------
                  Name:        Eric Gravell

                  Title:       Executive Vice President and Director