Exhibit 10.7
Letter of Confirmation of Interest of Related Party Loans

Party A: Universal Solar Technology, Inc.
Party B: Wensheng Chen
Party C: Zhuhai Yuemao Laser Facility Engineering Co., Ltd.
Party D: Yuemao Science & Technology Group

Whereas:
1.
Party A is a public company trading on OTC BB;

2.
Party B is the Chief Executive Officer and Chairman of Board of Directors of
Party A;

3.
Party B is the legal representative of Party C;

4.
Party B is the legal representative of Party D;

5.
Party B, Party C and Party D provide funds to Party A in the form of related
party loans.

Party A, Party B, Party C and Party agree that all loans provided by Party B,
Party C and Party D to Party A will bear interest at the interest rate of 3.50%
per annum since January 1, 2011. Party A can make payment of accrued interest
when its cash flow circumstance allows.

Party A: Universal Solar Technology, Inc.
/s/ Wensheng Chen
 
Party B: Wensheng Chen
/s/ Wensheng Chen
 
Party C: Zhuhai Yuemao Laser Facility Engineering Co., Ltd.
/s/ Wensheng Chen
 
Party D: Yuemao Science & Technology Group
/s/ Wensheng Chen

 
 

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