Zhejiang Guangbo Group Co., Ltd (Stock Code: sz002103) entered into a framework agreement with Netherlands-based HENZO BV. According to the agreement, Zhejiang Guangbo Group Co., Ltd will invest 915,000 EURO to buy HENZO’s flow-line equipments for producing paper products, stationary and album; HENZO will order 30 million U.S. dollars of products from Zhejiang Guangbo Co., Ltd between Jan 1st 2008 and Dec 31st 2010 and sell them in the European markets.