TECHNOLOGY ACQUISITION AGREEMENT





     THIS  TECHNOLOGY  ACQUISITION  AGREEMENT,  made and entered into as of this

11th day of January,  2001,  by and between  Aluminum-Power  Inc., a corporation

duly organized under the laws of the Province of Ontario, Canada, and having its

principal place of business at 87 Scollard Street,  Toronto,  Ontario,  M5R 1G4,

Canada (hereinafter  referred to as the "Seller" or "Licensor") and Trimol Group

Inc., a corporation  duly organized  under the laws of the State of Delaware and

subject to the reporting  requirements  imposed pursuant to Section 12(g) of the

Securities Exchange Act of 1934, as amended (the "Exchange Act"), and having its

principal  place of  business at 1285 Avenue of the  Americas,  35th Floor,  New

York,  New York  10019  (hereinafter  referred  to as the  "Purchaser"  or,  the

"Licensee").



                              W I T N E S S E T H :



     WHEREAS,  Seller desires to sell and/or  license  certain of its technology

pursuant to the terms and conditions hereof; and,



     WHEREAS,  Purchaser  desires to purchase such technology in accordance with

the terms and provisions hereof.



     NOW, THEREFORE, in consideration of the premises and of the mutual promises

herein contained, the parties hereto agree as follows:



1.   PURCHASE AND SALE



     1.1  Transfer of Seller's Technology



     Subject  to the terms  and  conditions  of this  Agreement,  Purchaser,  in

reliance  upon  Seller's  warranties  and  representations  herein  made,  shall

purchase and/or acquire from Seller, and Seller shall transfer and convey to the

Purchaser,  certain  patent  applications  listed on  Schedule  "B" and  certain

licenses listed on Schedule "A",  including all current know-how and proprietary

information  specifically  relating thereto and all Improvements (as hereinafter

defined) thereto.



     "Improvements"  shall mean mechanical  improvements and modifications  only

and,  without  limiting  the  foregoing,  shall not include  any  metallurgical,

chemical or compositional improvements or modifications.



     All  technology  of  Seller to be  transferred  to the  Purchaser  pursuant

hereto,  being the  proprietary  rights  listed on Schedule "B" and the contract

rights  listed on Schedule "A", are  sometimes  collectively  referred to as the

"Seller's Technology".



     The  Purchaser  acknowledges  receiving  copies of the patent  applications

referred to in Schedules "A" and "B".



     1.2  Excluded Technology



     It is understood by the parties that the Seller's Technology being sold and

transferred  hereunder  specifically  excludes certain  technology which is more

specifically  defined and  described  in the  Schedule  of Excluded  Technology,

Schedule C,  attached  hereto and made a part hereof  (hereinafter  collectively

referred to as the "Excluded Technology").



     1.3  Encumbrances



     The sale and transfer of Seller's Technology shall, at the time of Closing,

be free and clear of all obligations,  security interests, liens, infringements,

claims and encumbrances  whatsoever,  except to the extent expressly included in

the  Schedule  of  Encumbrances,  Schedule  D,  attached  hereto and made a part

hereof.







     1.4  Purchase Price



     In  consideration  for the sale of the Seller's  Technology  to  Purchaser,

Purchaser shall pay Seller as follows:



          (a)  Eighty-eight  million  (88,000,000)  shares of Purchaser's common

               stock, $0.01 par value,  which shall be duly authorized,  validly

               issued, fully paid and non-assessable (hereinafter referred to as

               the "Purchaser Stock");



          (b)  Shares  representing one hundred percent (100%) of the membership

               interests  of  Jolly  limited  liability   company   (hereinafter

               referred to as "Jolly"),  a Wyoming  Limited  Liability  Company,

               which shall be duly  authorized,  validly issued,  fully paid and

               non-assessable (hereinafter referred to as the "Jolly Stock");



          (c)  All of the  issued  and  outstanding  corporate  shares  of  Paul

               Garnier Limited (hereinafter referred to as "Garnier"), a company

               limited by shares  incorporated under the laws of Ireland,  which

               shall  be  duly  authorized,   validly  issued,  fully  paid  and

               non-assessable  (hereinafter referred to as the "Garnier Stock");

               and,



          (d)  An amount of  corporate  shares  of Sturge  Limited  (hereinafter

               referred   to  as   "Sturge"),   a  company   limited  by  shares

               incorporated  under the laws of Ireland,  equal to fifty  percent

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