EXHIBIT 10.3










                LETTER OF AGREEMENT BETWEEN T2CN HOLDING LIMITED
                      AND THE CALNEVA FINANCIAL GROUP, LTD.
                                (the "Agreement")


This agreement made as of the 15th day of July, 2004.

BETWEEN:
      T2CN HOLDING LIMITED
      C/O S-HR&M FINANCIAL SERVICES LIMITED
      KINGSTON CHAMBERS, P.O. BOX 173
      ROAD TOWN, TORTOLA
      BRITISH VIRGIN ISLANDS
      (Hereafter referred to as "T2CN")

AND:
      THE CALNEVA FINANCIAL GROUP, LTD.
      2443 ALDER STREET
      VANCOUVER, BRITISH COLUMBIA
      CANADA, V6H 4A4
      (Hereafter referred to as "CALNEVA")

WHEREAS:
A. T2CN HOLDING LIMITED ("T2CN") is a private company limited by shares
organized and existing under the laws of the British Virgin Islands. As a result
of PRC legal considerations, T2CN operates an online game business in China
through SHANGHAI T2 ENTERTAINMENT CO., LTD.
EI(0)(pound)IiOIEi1/4(254)O-DI(222)(1)<

NOW THEREFORE, in consideration of the promises and the mutual covenants and
agreements hereinafter set forth, the parties hereto covenant and agree as
follows:

1.   TERM OF CONSULTANCY - T2CN hereby agrees to retain CALNEVA to act in a
     consulting capacity to the Company, and CALNEVA hereby agrees to provide
     services to T2CN commencing on the Effective Date of this agreement and
     ending eighteen (18 months from the Effective Date unless terminated by
     either party pursuant to the termination clause of this agreement.

2.   SERVICES - During the term of this Agreement, CALNEVA'S services may
     include, but will not necessarily be limited to providing the following
     services on behalf of and for the benefit of T2CN:

     (i)  Review of the present corporate structure of T2CN HOLDING LIMITED and
          SHANGHAI T2 ENTERTAINMENT CO., LTD. to ensure that it is in compliance
          with legal and auditing requirements relating to the filing of a
          Securities and Exchange Commission document to take the BVI Company or
          such other affiliate of BVI company as designated by the company
          public on NASDAQ or such other U.S. capital market as T2CN agrees to;
     (ii) Preparation of share subscription agreements (for US residents and
          non-US residents) for T2CN to comply with US Public Company legal
          requirements;
    (iii) Assist in the co-ordination and preparation of financial statements
          prepared in accordance with U.S generally accepted accounting
          principles and to be included in the filing of the documentation to
          take T2CN public;
     (iv) Assistance to ensure that corporate governance matters are complied
          with;
      (v) Assistance, on a best efforts basis, to raise financing for T2CN;

     (vi) Assistance in the establishment of an audit committee, compensation
          committee and corporate governance committee for T2CN;
    (vii) Establish a proper system of internal controls within the corporate
          organization of T2CN and T2 ENTERTAINMENT. (This is an extremely
          important aspect of timely financial reporting and accurate financial
          reporting from a Securities & Exchange Commission point of view);
   (viii) Assistance in the preparation of a 15C-211 document required by the
          NASD to take T2CN public;
     (ix) Assistance in the preparation of a Form F-1 (Registration Statement
          Under the Securities Act of 1933) for T2CN to register 10,000,000
          restricted common shares;
      (x) Maintain all Foreign Issuer Securities & Exchange reporting
          requirements in a timely matter;
     (xi) Co-ordination between the auditors and T2CN management on all
          financial reporting requirements;
    (xii) Co-ordination between the lawyers and T2CN management on all SEC
          reporting requirements;
   (xiii) File all necessary documentation relating to "Blue Skying" of the
          Public Company's stock in all necessary States of the U.S.;
    (xiv) Assistance with the preparation of all director's minutes relating to
          stock issuances and co-ordination with the transfer agent;
     (xv) Maintain the Corporate Minute Book in T2CN as the Public Company;


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    (xvi) Attendance to development of Annual General Meetings materials for
          distribution to shareholders;
   (xvii) Attendance to the preparation of the Form 20F Securities and Exchange
          annual filing for Foreign Issues;
  (xviii) Assistance in arranging meetings with analysts and proposed investors
          after T2CN has gone public;
    (xix) Review of potential acquisition candidates for the Public Company;
          (xx) Interview proposed investor candidates for possible investment in
          the Public Company;
    (xxi) Assistance in the coordination and creation of a strategic public
          market strategy to enable the Company to have a liquid market for
          their publically traded stock and to increase shareholder awareness of
          present corporate status and future development plans;
   (xxii) Analyze the Company's needs with respect to public relations, investor
          relations;
  (xxiii) Oversee and facilitate, for the benefit of the Company, any or all
          investor relations or public relations organizations which are engaged
          by the Company;
   (xxiv) Consult and assist the Company in developing and implementing
          appropriate plans and means for presenting the Company and its
          business plans, strategy and personnel to the financial community;
    (xxv) Assist and advise the Company with respect to its relations with
          brokers, dealers, analysts and other investment professionals
          (including introduction to new investment professionals);

3.    ALLOCATION  OF TIME - The  Consultant  hereby  promises  to perform  and
      discharge faithfully the responsibilities,  which may be assigned to the
      Consultant  from  time to  time  by the  officers  and  duly  authorized
      representatives  of the Company  under this  Agreement.  Consultant  and
      staff shall  diligently and thoroughly  provide the consulting  services
      required hereunder.  Although no specific hours-per-day requirement will
      be  required,  Consultant  and the Company  agree that  Consultant  will
      perform  the  duties  set  forth   herein   above  in  a  diligent   and
      professional manner.

4.    REMUNERATION - As full and complete compensation for services described in
      this Agreement, the Company shall compensate CALNEVA as follows:

     (i)  For the understanding of this engagement and for good and valuable
          consideration, T2CN agrees to cause to be delivered to CALNEVA
          7,200,000 restricted common shares of their stock from treasury.

     (ii) If CALNEVA does not manage to obtain a public listing for T2CN due to
          CALNEVA's negligence, then CALNEVA will be required to return 500,000
          common shares as a penalty for their lack of performance on this
          issue. This penalty would not apply to a circumstance when CALNEVA
          through no fault of their own were unable to secure a public listing
          for T2CN.

5.    PLACE OF SERVICES - The Services provided by CALNEVA hereunder will be
      performed at CALNEVA's offices except as otherwise requested by T2CN.

6.    INDEPENDENT CONTRACTOR - CALNEVA will act as an independent contractor in
      the performance of its duties under this agreement. This Agreement neither
      expressly not impliedly creates a relationship of principal and agent, or
      employee and employer, between CALNEVA's personnel and the


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      T2CN. Neither CALNEVA nor CALNEVA's personnel are authorized to enter into
      any agreements on behalf of the T2CN. T2CN expressly retains the right to
      approve, in its sole discretion, each opportunity introduced by CALNEVA
      and to make all final decisions with respect to effecting a transaction on
      any such opportunity.

7.    CERTAIN  RESTRICTIONS  -  Notwithstanding  anything to the  contrary and
      without prejudice to other explicit or implied  restrictions  hereunder,
      (i) all the  proceeds  from the private  equity  funding or public stock
      offering of T2CN  contemplated  by this  Agreement  shall be remitted to
      accounts  designated  by, under the name of and for the interest of T2CN
      before any  allocation  or  application,  (ii)  terms of private  equity
      funding  of T2CN of a total  amount of more than  US$2.6  million  shall
      require prior written consent of T2CN,  including without limitation and
      in particular with respect to the share  subscription  price,  and (iii)
      CALNEVA  shall obtain prior written  approval of T2CN before  contacting
      any potential private investor in T2CN(pound) and such  approval  may be
      withheld if the  potential  investor is  regarded as in  competition  of
      T2CN or  otherwise  unsuitable  to invest in T2CN at the  discretion  of
      T2CN.

8.    INDEMNIFICATION  - Subject to the  provisions  herein,  T2CN and CALNEVA
      agree  to  indemnify,  defend  and hold  each  other  harmless  from and
      against all demands,  claims,  actions,  losses,  damages,  liabilities,
      costs and expense (including  without  limitation,  interest,  penalties
      and  attorneys'  fees and  expenses)  asserted  against  or  imposed  or
      incurred by either  party by reason of or  resulting  from any action by
      (or the breach of any representation,  warranty, covenant, condition, or
      agreement by) the other party to this Agreement.

9.    REMEDIES - CALNEVA  and T2CN  acknowledge  that in the event of a breach
      of this Agreement,  by either party,  money damages would be inadequate,
      and the  non-breaching  party  would  have no  adequate  remedy  at law.
      Accordingly,  in the event of any  controversy  concerning the rights or
      obligations  under this Agreement,  such rights or obligations  shall be
      enforceable  in a court of equity by a decree of  specific  performance.
      Such remedy,  however, shall be cumulative and non-exclusive,  and shall
      be in  addition  to  any  other  remedy  to  which  the  parties  may be
      entitled.

10.   MISCELLANEOUS -

         (a) Subsequent Events. CALNEVA and T2CN each agree to notify the other
         party if, Subsequent to the date of this Agreement, either party incurs
         obligations which could compromise its effects and obligations under
         this Agreement.

         (b) Amendment. This Agreement may be amended or modified at any time
         and in any manner only by an instrument in writing executed by the
         parties hereto.

         (c) Further Actions and Assurances. At any time to time, each party
         agrees, at its or their expense, to take actions and to execute and
         deliver documents as may be reasonably necessary to effectuate the
         purpose of this Agreement.

         (d) Waiver. Any failure of any party to this Agreement to comply with
         any of its obligations, Agreements, or conditions hereunder may be
         waived in writing by the party to whom such compliance is owed. The
         failure of any party to this Agreement to enforce at any time any of


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         the provisions of this Agreement shall in no way be construed to be a
         waiver of any such provision or a waiver of the right of such party
         thereafter to enforce each and every such provision. No waiver of any
         breach of or non-compliance with this Agreement shall be held to be a
         waiver of any other or subsequent breach or non-compliance.

         (e) Assignment. Neither this Agreement nor any right created by it
         shall be assignable by either party without the prior written consent
         of the other.

         (f) Notice. Any notice or other communication required or permitted by
         this Agreement must be in writing and shall be deemed to be properly
         given when delivered in person to an officer of the party; when
         deposited in the mail for transmittal by certified or registered mail,
         postage prepaid; when deposited with a public telegraph company for
         transmittal; or when sent by facsimile transmission., provided that the
         communication is addressed:

         (g) In the case of T2CN:

            T2CN HOLDING LIMITED
            C/O S-HR&M FINANCIAL SERVICES LIMITED
            KINGSTON CHAMBERS, P.O. BOX 173
            ROAD TOWN, TORTOLA
            BRITISH VIRGIN ISLANDS

         (h) In the case of CALNEVA:

            THE CALNEVA FINANCIAL GROUP, LTD
            2443 ALDER STREET
            VANCOUVER, BRITISH COLUMBIA
            CANADA, V6H 4A4

               i.   Or to such person or address designed in writing by T2CN or
                    CALNEVA to receive notice.

         (i) Heading. The section and subsection heading in this Agreement are
         inserted for convenience only and shall not affect in any way the
         meaning or interpretation of this Agreement.

         (j) Governing Law. This Agreement was negotiated in and is being
         contracted for in British Columbia, and shall be governed by the laws
         of the Province of British Columbia.

         (k) Binding Effect. This Agreement shall be binding upon the parties
         hereto and inure to the benefit of the parties, their respective heirs,
         administrators, executors, successors, and assigns.

         (l) Entire Agreement. This Agreement contains the entire agreement
         between the parties hereto and supersedes any and all prior agreements,
         arrangements, or understandings between the parties relating to the
         subject matter of this Agreement. No oral understanding, statements,
         promises, or inducements contrary to the terms of this Agreement exist.


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         No representations, warranties, covenants, or conditions, express or
         implied, other than as set forth herein, have been made by any party.

         (m) Severability. If any part of this Agreement is deemed to be
         unenforceable, the balance of the Agreement shall remain in full force
         and effect.

         (n) Counterparts. If facsimile, telecopy, or other reproduction of this
         Agreement may be executed simultaneously in two or more counterparts,
         each of which shall be deemed an original, but all of which together
         shall constitute one and the same instrument, by one or more parties
         hereto and such executed copy may be delivered by facsimile or similar
         instantaneous electronic transmission device pursuant to which the
         signature of or on behalf of such party can be seen. In this event,
         such execution and delivery shall be considered valid, binding and
         effective for all purposes. At the request of any party hereto, all
         parties agree to execute an original of this Agreement as well as any
         facsimile, telecopy or other reproduction hereof.

         (o) Time is of the Essence. Time is of the Essence of this Agreement
         and of each and every provision hereof.

         IN WITNESS WHEREOF, the parties have executed this Agreement on the
         date above written.

         T2CN HOLDING Limited             The Calneva Financial Group, Ltd.

         By: /s/ Ji Wang                        By: /s/ D. Bruce Horton
             -----------------------                --------------------------
             Ji WANG                                D. Bruce Horton
             President & Director                   Director