Exhibit
4.69


 


English Translation for Reference Only





 


	Agreement on Concerted Action between Bank and Enterprise



 


	Party A:	Bank of Nanjing Co., Ltd.
	 	 
	 	Jiangsu Branch of China Development Bank Co., Ltd.
	 	 
	 	Jiangsu Branch of China Construction Bank Co., Ltd.
	 	 
	 	Jiangsu Branch of Bank of Communications
	 	 
	 	Nanjing Branch of China Merchants Bank Co., Ltd.
	 	 
	 	Nanjing Branch of China Everbright Bank Co., Ltd.
	 	 
	Party B:	China Sunergy (Nanjing) Co., Ltd.
	 	 
	 	CEEG (Nanjing) Renewable Energy Co., Ltd.
	 	 
	 	CEEG (Shanghai) Solar Science Technology Co., Ltd.
	 	 
	 	CSUN TRADING (HONGKONG) CO., LIMITED


 


In order to carry out the requirements
of Minutes of China Banking Regulatory Commission, Jiangsu office (Su Yin Jian Ji Yao [2013] No. 19), support Party B to
rapidly resume the production and get out of the dilemma, and alleviate the capital chain tension, Party A and Party B reach the
following agreement for “concerted action” through friendly negotiation:


 


1. Party A’s Rights and Obligations


 


(1) At any time point during the valid
term of this Agreement, if Party B’s production & operation conditions gradually improve, but no sufficient profitability
has been recovered, Party A’s existing credit for Party B shall be maintained at or higher than the existing credit when
this Agreement is signed and the credit variety includes but not limited to loans, trade financing, bank bill and other businesses.


 


(2) After Party B resumes the production
and obtains sufficient profitability, pursuant to the assessment and confirmation by Party A and Party B, Party A is entitled to
recover the existing credit for Party B under the premise that the normal production and operation of Party B are guaranteed.


 


(3) During the valid term of this Agreement,
if Party A reduces the existing credit, the other members of Party A are entitled to recover their existing credit in advance.


 




    	 



    	 



    

 


(4) If major adverse changes take place
in the PV industrial policies and regulatory policies, or Party B’s production and operation seriously deteriorate or operation
benefits continuously decrease dramatically, Party A’s members may recover their existing credit after joint negotiation
and written confirmation and this Agreement is terminated in advance.


 


2. Party B’s Rights and Obligations


 


(1) During the routine operations, Party
B takes prudent and effective measures to positively reduce the costs, to ensure the maximum production capacity and to achieve
the optimal operation benefits of the company with great efforts.


 


(2) Party B shall not manipulate or transfer
profits, or impair Party A’s benefits by unfair connected transactions.


 


(3) Party B must solicit Party A’s
consent with regard to important events, namely, significant asset disposal, equity change, profit distribution, foreign investment
and guarantee, and the like.


 


3. Valid Term of Agreement


 


(1) The valid term of this Agreement is
three (3) years, namely, from October 14, 2013 to October 13, 2016.


 


(2) During the abovementioned term, if
Party A confirms, by a written resolution, that Party B’s business activities have been recovered to the normal state, the
valid term of this Agreement is automatically terminated.


 




    	 



    	 



    

 


(Page of Signing)


Party A (Signature and Seal): Bank
of Nanjing Co., Ltd.


/s/ Bank of Nanjing Co., Ltd.


Bank of Nanjing Co., Ltd. (Seal)


Legal Representative or Agent (Signature):
Lin Fuzhi


Seal of Lin Fuzhi (Seal)


/s/ Lin Fuzhi


 


Party A (Signature and Seal): Jiangsu
Branch of China Development Bank Co., Ltd.


Jiangsu Branch of China Development
Bank Co., Ltd. (Seal)


/s/ Jiangsu Branch of China Development
Bank Co., Ltd.


Principal or Agent (Signature): Mao Juncai


/s/ Mao Juncai


 


Party A (Signature and Seal): Jiangsu Branch
of China Construction Bank Co., Ltd.


Jiangsu Branch of China Construction Bank
Co., Ltd. (Seal)


/s/ Jiangsu Branch of China Construction
Bank Co., Ltd.


Principal or Agent (Signature): Fan Qinggang


Seal of Fan Qinggang (Seal)


/s/ Fan Qinggang


 


Party A (Signature and Seal): Jiangsu Branch
of Bank of Communications


Jiangsu Branch of Bank of Communications (Seal)


/s/ Jiangsu Branch of Bank of Communications


Principal or Agent (Signature): Chai Weiping


/s/Chai Weiping


 


Party A (Signature): Nanjing Branch of
China Merchants Bank Co., Ltd.


Nanjing Branch of China Merchants Bank
Co., Ltd. (Seal)


/s/ Nanjing Branch of China Merchants Bank
Co., Ltd.


Principal or Agent (Signature): Jin Yizhi


Seal of Jin Yizhi (Seal)


/s/ Jin Yizhi


(Page of Signing)


 


Party A (Signature and Seal): Jiangsu Branch
of Bank of Communications


Jiangsu Branch of Bank of Communications
(Seal)


/s/ Jiangsu Branch of Bank of Communications


Principal or Agent (Signature): Gong Xiaoyuan


/s/Gong Xiaoyuan


 


Party B (Signature and Seal): China Sunergy
(Nanjing) Co., Ltd.


China Sunergy (Nanjing) Co., Ltd. (Seal)


/s/ China Sunergy (Nanjing) Co., Ltd.


Legal Representative or Agent (Signature):
Lu Tingxiu


Seal of Lu Tingxiu (Seal)


/s/ Lu Tingxiu


 


Party B (Signature and Seal): CEEG
(Nanjing) Renewable Energy Co., Ltd.


CEEG (Nanjing) Renewable Energy Co.,
Ltd. (Seal)


/s/ CEEG (Nanjing)  Renewable Energy Co.,
Ltd.


Legal Representative or Agent (Signature):
Lu Tingxiu


 




    	 



    	 



    

 


Seal of Lu Tingxiu (Seal)


/s/ Lu Tingxiu


 


Party B (Signature and Seal): CEEG (Shanghai)
Solar Science Technology Co., Ltd.


CEEG (Shanghai) Solar Science Technology
Co., Ltd. (Seal)


/s/ CEEG (Shanghai) Solar Science
Technology Co., Ltd


Legal Representative or Agent (Signature):
Lu Tingxiu


Seal of Lu
Tingxiu (Seal)


/s/ Lu Tingxiu


 


Party B (Signature
and Seal): CSUN TRADING (HONGKONG) CO., LIMITED


CSUN TRADING
(HONGKONG) CO., LIMITED (Seal)


/s/ CSUN TRADING (HONGKONG) CO., LIMITED


Legal Representative or Agent (Signature):
Lu Tingxiu


/s/ Lu Tingxiu