EXHIBIT 10.26
(English Translation of the Original Contract in Chinese)
PRODUCT PURCHASE CONTRACT
Contract Number: 2006-001
The Buyer: Jiangsu Linyang Solarfun Co., Ltd.
The Seller: Huaerli (Nantong) Electronics Co., Ltd.
Article 1 Name of Products, Specifications, Quantity and Price:
UNIT PRICE
(RMB
NAME OF PRODUCTS SPECIFICATIONS MEASURING UNIT QUANTITY YUAN/PIECE) TOTAL PRICE
---------------- -------------- ----------------- -------- ----------- -------------
Silicon wafer Piece 30,000 45.00 1,350,000.00
Silicon rod Ton 4 1,700.00 6,800,000.00
Silicon rod Ton 2 1,780.00 3,560,000.00
Silicon wafer Piece 45,918 45.00 2,066,310.00
Silicon material KG 500 400.00 200,000.00
Silicon wafer Piece 10,000 30.00 300,000.00
Silicon rod Ton 2 2,000.00 4,000,000.00
Total Price RMB18,276,310.00
Article 2. Quality Requirements and Technical Standards: national standard.
Article 3. Time of Delivery: as specified in delivery request.
Article 4. Place of Delivery: ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇.
Article 5. Manner and Cost of Transportation: The Seller shall be responsible
for the delivery to places designated by the Buyer and bear the
cost.
Article 6. Manner and Terms of Payment: Payment shall be paid up before June
31, 2006.
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Article 7. Standard of Inspection and Raise of Objection: in compliance with
national standard of relevant products.
Article 8. Miscellaneous:
(a) Dispute Resolution: Any dispute in connection with the
performance of this Contract shall be settled through negotiations
between the parties hereto.
(b) Matters which are not specified herein shall be resolved
through mutual negotiation between the parties hereto.
(c) This Contract shall take effect as of the date on which it is
signed. This Contract shall be executed in two originals, with each party
holding one.
(d) The unit price set forth above includes a 17% VAT, and the
Seller shall issue legal VAT invoice for each payment.
Buyer (seal): Jiangsu Linyang Seller (seal): Huaerli (Nantong)
Solarfun Co., Ltd. Electronics Co., Ltd.
Representative: (signature) Representative: (signature)
Tel: ▇▇▇▇-▇▇▇▇▇▇▇ Tel: ▇▇▇▇-▇▇▇▇▇▇▇
Fax: ▇▇▇▇-▇▇▇▇▇▇▇ Fax: ▇▇▇▇-▇▇▇▇▇▇▇
Date: January 12, 2006 Date: January 12, 2006
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