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Signature of joint-venture

Sevenstar Qualiflow Electronic Equipment Co., Ltd

Signature of joint-venture between Sevenstar and Qualiflow

On February the second, 2004, Mr. Claude Jacquemin, chairman of Qualiflow and Mr. Wang Yintong, chairman of Beijing Sevenstar Science and Technology Co., signed the contract establishing the joint-venture for massflow controllers manufacturing in the Zhong Guan Cun Hi-tech Development Zone of Beijing:

Beijing Sevenstar Qualiflow Electronic Equipment Co., Ltd

On the left:

Mr. Wang Yintong

On the right:

Mr. Claude Jacquemin

Chairmen of Sevenstar and Qualiflow