EXHIBIT 10.18
[ENGLISH TRANSLATION]
BAODING YITONGGUANGFU TECHNICAL CO., LTD.
PRODUCT SUPPLY CONTRACT
Party A (Seller): Baoding Yitongguangfu Technical Co., Ltd.
Party B (Buyer): Baoding Tianwei Yingli New Energy Resources Co., Ltd.
Contract No.: 200601
Dated: January 12, 2006
Upon friendly consultation, in accordance with the Contract Law of PRC, Party A
and Party B enter into this Contract with respect to sale of the following
products manufactured by Party A:
I. Name, Trademark, Specification, Quantity, Price and Time of Delivery of the
products:
Specification Unit Price
Name (cm) Unit Quantity (RMB) Total Price
---- ------------- -------- -------------------- ---------- --------------------
Welding Strip 0.2 X 2 kilogram [INFORMATION MISSING 238 [INFORMATION MISSING
IN THE ORIGINAL IN THE ORIGINAL
DOCUMENT] DOCUMENT]
Welding Strip 0.24 X 2.5 kilogram [INFORMATION MISSING 233 [INFORMATION MISSING
IN THE ORIGINAL IN THE ORIGINAL
DOCUMENT] DOCUMENT]
Bus Bar 0.24 X 3.8 kilogram [INFORMATION MISSING 218 [INFORMATION MISSING
IN THE ORIGINAL IN THE ORIGINAL
DOCUMENT] DOCUMENT]
II. Place and Way of Delivery: warehouse of Party B
III. Transportation and Arrival Station (port) and Bearing of Expenses: Party A
shall take responsibility.
IV. Package Standard and Reclamation of wrappers: welding strips shall be
packed in paper boxes. Party B shall be responsible for collection and
preservation of wrappers while Party A shall be responsible for reclamation
of wrappers periodically.
V. Modes of Payment: payment shall be made after the products pass the
acceptance examination.
VI. Settlement of Disputes Concerning Acceptance Examination of Products: In
case that Party B raises any dispute concerning the quality during
acceptance examination or application of technology after receiving
products of Party A, after receiving such quality dispute from Party B,
Party A shall immediately take relevant measures to settle such dispute
promptly.
VII. Breach of Contract: in case that the name, model, specification or quality
of the products delivered by Party A is not as provided by this Contract
and Party B agrees to use such products, the price shall be determined on
the basis of quality. If Party B cannot use such
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products, Party A shall be responsible for changing or repairing, as the
case may be, and bear out-of-pocket expense paid for repairing, changing or
returning.
VIII. Settlement of Disputes under this Contract: Disputes arising from this
Contract shall be resolved by friendly discussion between the Parties.
IX. Miscellaneous:
1. Any party shall notify the other party existence of any force majeure event
on a timely basis and such event shall be resolved through discussion
between the Parties.
2. The weight of the products shall be consistent with weight measuring result
inside Party A and detailed label shall be provided. In case that Party B
finds any short-weight after receiving the products and such difference is
beyond allowed reasonable range of +/-0.2%, the parties shall resolve this
through discussion.
3. This Contract is executed with two originals, each of which shall be
held by one party. The Contract shall be effective after the date when both
parties sign and stamp on this Contract. The expiry date is ______________,
_____ [INFORMATION MISSING IN THE ORIGINAL DOCUMENT].
4. The Contract shall be effective after both parties sign and stamp on this
Contract. Within the term of this Contract, unless both parties achieve
mutual agreement or there is any other statute reason, any party may not
amend or terminate this Contract. Any matter that is not provided in this
Contract shall be supplemented upon mutual discussion of both parties. Such
supplementary shall be of the same effect as this Contract.
Party A
Name: Baoding Yitongguangfu Technical Co., Ltd.
Address: No. 25 Power Plant Road, High-tech District, Baoding
Legal representative (representative):
/s/ Xx Xxxx
-------------------------------
(corporate seal)
Tel: 0000-0000000
Fax: 0000-0000000
Bank: Commercial and Industrial Bank of China, Guangji Road Branch
Account: 0409001809249086627
Party B
Name: Baoding Tianwei Yingli New Energy Resources Co., Ltd.
Address: __________________________________________________
Legal representative (representative):
/s/ Xxxx Xxxx
-------------------------------
(corporate seal)
Tel: __________________________
Fax: __________________________
Bank: _________________________
Account: ______________________
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