SHARE EXCHANGE AGREEMENT



     AGREEMENT dated as of December 19, 2006 by and between Gold Standard,

Inc., a Utah corporation (hereinafter referred to as "GOLS"), and the

individuals identified on the signature page as the Shareholders of Changan

International Limited, a corporation organized under the laws of the Hong Kong

Special Administrative Region (hereinafter referred to as the "Changan

Shareholders").  The Changan Shareholders (collectively) and GOLS are

sometimes referred to collectively herein as the "Parties," and each is

sometimes referred to individually as the "Party."



     WHEREAS, Changan International Limited ("Changan") owns sixty-one

percent (61%) of the issued and outstanding capital stock of Harbin Hongbo

Environment Protection Material, Inc., a corporation organized under the laws

of the People's Republic of China ("Hongbo"); and



     WHEREAS, the Changan Shareholders own all of the issued and outstanding

capital stock of Changan; and



     WHEREAS, the Changan Shareholders desire to transfer the capital stock

of Changan to GOLS and GOLS desires to acquire such shares in exchange for

certain shares of GOLS common stock.



     NOW, THEREFORE, it is agreed:



     1.        DEFINITIONS.



     As used herein, the following terms shall have the meanings set forth

     below:



          a.   "Applicable Law" means any domestic or foreign law, statute,

               regulation, rule, policy, guideline or ordinance applicable

               to the businesses or corporate existence of GOLS, Changan or

               Hongbo.



          b.   "GAAP" means generally accepted accounting principles in the

               United States of America as promulgated by the American

               Institute of Certified Public Accountants and the Financial

               Accounting Standards Board or any successor institutes

               concerning the treatment of any accounting matter.



          c.   "Lien" means, with respect to any property or asset, any

               mortgage, lien, pledge, charge, security interest, claim,

               encumbrance, royalty interest, any other adverse claim of

               any kind in respect of such property or asset, or any other

               restrictions or limitations of any nature whatsoever.



          d.   "Material Adverse Effect" with respect to any entity or

               group of entities means any event, change or effect that has

               or would have a materially adverse effect on the financial

               condition, business or results of operations of such entity

               or group of entities, taken as a whole.



          e.   "Tax" (and, with correlative meaning, "Taxes" and "Taxable")

               means:



               (i) any income, alternative or add-on minimum tax, gross

          receipts tax, sales tax, use tax, ad valorem tax, transfer tax,

          franchise tax, profits tax, license tax, withholding tax, payroll

          tax, employment tax, excise tax, severance tax, stamp tax,

          occupation tax, property tax, environmental or windfall profit tax,

          custom, duty or other tax, impost, levy, governmental fee or other

          like assessment or charge of any kind whatsoever together with any

          interest or any penalty, addition to tax or additional amount

          imposed with respect thereto by any governmental or Tax authority

          responsible for the imposition of any such tax (domestic or

          foreign), and



           (ii) any liability for the payment of any amounts of the

           type described in clause (i) above as a result of being a member of

           an affiliated, consolidated, combined or unitary group for any

           Taxable period, and



           (iii) any liability for the payment of any amounts of the

           type described in clauses (i) or (ii) above as a result of any

           express or implied obligation to indemnify any other person.



          f.   "Tax Return" means any return, declaration, form, claim for

               refund or information return or statement relating to Taxes,

               including any schedule or attachment thereto, and including

               any amendment thereof.



     2.        SHARE EXCHANGE.



          a.   On the Closing Date (defined herein), the Changan

Shareholders shall transfer and assign to GOLS all of the issued and

outstanding capital stock of Changan.  The Changan Shareholders represent and

warrant that upon delivery to GOLS of documents suitable to transfer the

capital stock of a Hong Kong corporation, all right, title and interest in

said shares will be transferred to GOLS free of Liens, claims and

encumbrances.



          b.   On the Closing Date, GOLS shall issue to the Changan

Shareholders a total of sixty million (60,000,000) shares of common stock.

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