Guarantee Letter (Natural Person Guarantee) [Unofficial Translation]Guarantee Letter • April 26th, 2011 • New Energy Systems Group • Miscellaneous electrical machinery, equipment & supplies
Contract Type FiledApril 26th, 2011 Company IndustryIn order to ensure the implement of the loan contract (Contract number: GJC201110) between the lender and New Energy Systems Group (Borrower) on April 21, 2011 (Hereinafter referred to as “Main contract.” The amount of the loan is RMB 30 million with a term of 730 days. The annual interest rate is 10%, starting from the borrowing date.), the guarantor (Weihe Yu) is willing to act as the guarantor of the main contact and bear joint responsibility. The content of the guarantee is as following:
Guarantee Letter (Natural Person Guarantee) [Unofficial Translation]Guarantee Letter • April 26th, 2011 • New Energy Systems Group • Miscellaneous electrical machinery, equipment & supplies
Contract Type FiledApril 26th, 2011 Company IndustryIn order to ensure the implement of the loan contract (Contract number: CD110421) between the lender and New Energy Systems Group (Borrower) on April 21, 2011 (Hereinafter referred to as “Main contract.” The amount of the loan is RMB 30 million with a term of 730 days. The annual interest rate is 10%, starting from the borrowing date.), the guarantor (Weihe Yu) is willing to act as the guarantor of the main contact and bear joint responsibility. The content of the guarantee is as following: