Loan Agreement [Unofficial Translation]Loan Agreement • April 26th, 2011 • New Energy Systems Group • Miscellaneous electrical machinery, equipment & supplies
Guarantee Letter (Natural Person Guarantee) [Unofficial Translation]New Energy Systems Group • April 26th, 2011 • Miscellaneous electrical machinery, equipment & supplies
In 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:
Security Agreement [Unofficial Translation]Security Agreement • April 26th, 2011 • New Energy Systems Group • Miscellaneous electrical machinery, equipment & supplies
To ensure the implement of the agreement (No. GJC201110) (“main contract”) between NEW ENERGY SYSTEMS GROUP (“Debtor”) and Party B, Party A is willing to provide collateral to the debt formed in accordance with the main contract between Party B and the Debtor. Based on the relevant laws, regulations and rules, both Parties negotiated and reached the following agreement.
