Agreement
Exhibit
4.60
Agreement
No.:
QT220080180
Party A:
CEEG (Nanjing) International trading Co., Ltd.
Party B:
China Sunergy (Nanjing) Co., Ltd.
Party C:
China New Energy (Nanjing) Co., Ltd.
Hereinafter
referred to as Party A, Party B and Party C
Due to
the expiration of creditor’s right and debts of the three parties, and through
friendly consultations, the three parties agree to transfer creditor’s right and
debts as below.
1. Party
A will transfer the creditor’s rights that Party B owes to Party C, totaling RMB
One Million Seven Hundred and Ninety-Six Thousand Seven Hundred and Eighteen
Point Seventeen (￥1,796,718.17).
2. Party
C will offset the creditor’s rights transferred by Party A against the debts
that Party C owes to Party B.
3. Party
B and Party C will negotiate over the balance that Party B owes to Party C after
the offset.
This
agreement is made in three duplicate copies, one page attachment, which shall be
regarded as an accounting certificate for each party.
Party A:
CEEG (Nanjing) International trading Co., Ltd. /s/
December
31, 2008
Party B:
China Sunergy (Nanjing) Co., Ltd. /s/
December
31, 2008
Party C:
China New Energy (Nanjing) Co., Ltd. /s/
December
31, 2008
