Document:

English translation of Guarantee Agreement

 Exhibit 10.36 
 Jiangxin International 
 Contract No.: Jiangxin International [2009 Trust
085] No. 4 
 GUARANTEE AGREEMENT 
 Jiangxi International Trust Co., Ltd. 

 Guarantor: JINKO SOLAR CO., LTD. (“Party A”) 
 Domicile Address: 1 Jingke Road, Shangrao Economic Development Zone 
 Authorized Representative: Xiande Li 
 Creditor: Jiangxi International Trust Co., Ltd.
(“Party B”, together with Party A, the “Parties” and each, a “Party”) 
 Domicile Address: 88 Beijing Xi Road,
Nanchang City 
 Authorized Representative: Qiang Qiu 
 For the purpose of ensuring the performance of the Trust Loan Agreement (the “Master Agreement”) numbed Jiangxin International [2009 Trust 085] No. (2) entered into by and between Jiangxi
Heji Investment Co., Ltd. and Party B, Party A agrees to provide guarantee for the borrower’s obligation to repay the principal and interests due and payable under the Master Agreement to the creditor, as provided herein. In order to clarify
the Parties’ rights and obligations, the Parties enter into this agreement (the “Guarantee Agreement”) pursuant to the laws and regulations of the State. 
 Part 1 Scope of Guarantee 
 Section 1 Party A’s guarantee scope: the
principal of RMB50 million and interests under the Mater Agreement (including compound interests and penalty interests), liquidated damages, indemnity, advances of Party B, and all expenses incurred by Party B to realize the creditor’s
right (including but not limited to litigation fee, arbitration fee, property preservation fee, travel expense, enforcement fee, evaluation fee and auction fee). 
 Part 2 Form of Guarantee 
 Section 2 Party A’s guarantee is a joint and
several liability guarantee. 
  

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 Part 3 Guarantee Period 
 Section 3 Lender’s lending period under the Master Agreement is a 36-month period, from June 8, 2009 to June 7, 2012. In the event of change of such period, dates recorded on
other proofs as deemed valid by the Master Agreement shall apply. 
 Section 4 The guarantee period for which Party A is liable for
guarantee is: two years from the repayment date stipulated in the Master Agreement. 
 Part 4 Severability of the Guarantee
Agreement 
 Section 5 The Guarantee Agreement is severable from the Master Agreement. If the Master Agreement is not duly
formed, does not come into force, is void, void in part, revoked, or terminated, the Guarantee Agreement shall not be affected. In the event that the Master Agreement is held as not duly formed, does not come into force, is void, void in part,
revoked, or terminated, Party A shall still be jointly and severally liable for liabilities resulting from the principal and interests or any indemnities under the Master Agreement. 
 Part 5 Rights and Obligations of the Parties 
 Section 6
Rights and Obligations of the Parties 
  

	6.1	Party A guarantees that Party A is a Chinese legal person or other entity incorporated and existing under the law of the People’s Republic of China, has all civil
capacity required to sign and execute the Guarantee Agreement, is solely capable of civil liability, and has all licenses, permits, registrations required for signing the Guarantee Agreement; 

  

	6.2	Party A has completed all procedures of internal authorization to sign the Guarantee Agreement and all such procedures are valid. The signing of the Guarantee Agreement
and honoring of its obligations hereunder by Party A does not conflict with Party A’s articles of association, internal rules and procedures in effect or any contract, agreement and other instrument that is binding upon Party A;

  

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	6.3	Party A acknowledges and agrees upon all provisions of the Master Agreement and is willing to provide guarantee for the borrower under the Master Agreement; the
intention expressed herein is genuine; 

  

	6.4	In the event of existence of any other security under the Master Agreement except as stipulated herein (including mortgage/pledge provided by the debtor of the Master
Agreement upon its own property to Party B), Party A’s guarantee liability shall not be affected, released or abated by any such security. Party B has the priority to exercise the guarantee right hereunder and Party A waives its priority
defense right of any other security; even if Party B waives its right to mortgage/pledge on property of the borrower or alters priority or provisions thereof, resulting in loss or abatement of priority claim right under such mortgage/pledge by Party
B, Party A’s guarantee liability shall not be released or abated; 

  

	6.5	Party A shall not be liable for guarantee hereunder in the event that the borrower under the Master Agreement repays principal and interests under the Master Agreement
in a full and timely basis; 

  

	6.6	If Party B, within the guarantee period, transfers to any third party the creditor’s right under the Master Agreement without consent from Party A, Party A's
obligation of guarantee shall continue; 

  

	6.7	In the event that the borrower under the Master Agreement and Party B agree upon amendment of the Master Agreement, any amendment other than guarantee period extension
or principal amount increase that will not aggravate the borrower’s obligation to repay the loan may be made without consent from Party A, and Party A will be liable for guarantee under the amended Master Agreement; guarantee period extension
or principal amount increase will require consent from Party A; 

  

	6.8	Party A guarantees that any document evidencing its credit standing, financial statement or other material provided by Party A to Party B are genuine and valid;

  

	6.9	In the event that the borrower fails to repay principal and interests thereupon under the Master Agreement resulting in Party B requesting Party A to honor its
obligation of guarantee, Party A shall, upon receipt of written notice from Party B, honors the obligation of repayment under the Master Agreement on behalf of the borrower; 

  

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	6.10	Any payment made by Party A to Party B for honoring obligations hereunder (including payment to Party B for exercising Party B’s right under Section 6.10),
shall be used to discharge the obligations according to the following sequence: (1) expense incurred to exercise the creditor’s right and guarantee’s right; (2) damages; (3) liquidated damages; (4) compound interests;
(5) penalty interests; and Party B is entitled to alter the sequence; 

  

	6.11	Where Party B requires Party A to honor its obligation of guarantee as stipulated hereunder, Party A authorizes Party B to deduct required amount from Party A’s
account at Shangrao Commercial Bank, and in the event of any shortage, to deduct the remaining amount from Party A’s any other account at
                                         or
require the repayment of Party A; Party B shall not be liable for Party A’s loss of interests caused by such deduction or any other loss; 

  

	6.12	In the event of Party A’s change of operation, registered capital, shareholding, application for reorganization, compromise, bankruptcy or selling, transferring or
otherwise disposing any of its material assets, a 30-day prior notice shall be given to Party B; in the event of Party A’s change of address, name, or authorized representative, a notice shall be given to Party B within seven days after the
change; 

  

	6.13	In the event that Party A, within the validity of the Guarantee Agreement, makes any other guarantee for any other third party, such guarantee shall be made without
prejudice to Party B. 

 Party 6 Breach 
 Section 7 the Parties shall, upon execution of the Guarantee Agreement, honor their respective obligations hereunder; in the event that any Party fails to perform the Guarantee Agreement in
full or in part, the breaching party shall be liable for such breach and indemnify the aggrieved party for losses resulting from such breach. 
  

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 Party 7 Execution, Amendment and Termination 
 Section 8 This Guarantee Agreement shall come into force when duly signed or sealed by the representatives or attorneys-in-fact duly authorized
by the Parties with their company seals/special contract seals attached thereto. 
 Section 9 Neither Party may amend or terminate
the Guarantee Agreement without agreement upon execution of the Agreement; to effectuate an amendment or termination, the Parties shall negotiate and reach an written agreement. 
 Party 8 Settlement of Dispute 
 Section 10 In the event of
any dispute between the Parties arising out of the Guarantee Agreement, the Parties may negotiate to settle such dispute; in the event of failure of such negotiation, such dispute shall be referred to the People’s Court where Party B domiciles.

 Part 9 Supplementary Provisions 
 Section 11 Notices and Delivery 
  

	11.1	Any notice or written communication sent by any Party to the other Party including but not limited to any and all written documents or notices that must be given as
stipulated hereunder, must be sent by certified mail, facsimile, courier service or other communication means and delivered to the addresses of the Parties as first written above; 

  

	11.2	If sent by certified mail, the 4th day of sending of such files or notices shall be deemed as the date of delivery or receipt; if by facsimile, the date of
acknowledgement of successful receipt shall be deemed as the date of delivery or receipt; and if by courier service, the date on which the courier serves the addressee with such files or notices, shall be deemed as the date of delivery or receipt.
In the event of change of any of contact, the Party concerned shall notify the other Party of changed contact in writing within seven days of such change as provided herein and hereafter notices, files or applications as stipulated herein must be
delivered according to changed contact. 

  

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 Section 12 This Guarantee Agreement is in quadruplicate and the Parties each are provided with
two copies which are equally binding under law. 
 Section 13 Upon execution of the Guarantee Agreement, Party B construes and
interprets to Party A all provisions of the Guarantee Agreement, and the Parties have no dispute over all of the provisions and they understand their rights and obligations and limitation of liability or legal implication of exception clauses
without error. 
 Party A: (Seal): /s/ Xiande
Li                                        

 Authorized Representative: 
 (or
Attorney-in-fact) 
 Party B: (Seal): /s/ Weiguang
Wu                                  
 Authorized Representative: 
 (or Attorney-in-fact)

 This Guarantee Agreement is executed by the Parties on May 31, 2009 in Nanchang City. 
  

 7English translation of Loan Contract

 Exhibit 10.37 
 Loan Contract 
 Agricultural Bank of China 

 Loan Contract 
 Agricultural Bank Loan (June 25, 2009) No. 36101200900001946 
  

			
	Borrower (full name):	 	Jinko Solar Co., Ltd.
		
	Lender (full name):	 	Agricultural Bank of China, Shangrao Branch (together with the Borrower, the “Parties”, or each, a “Party”)

 This loan contract (the “Contract”) is entered into by and between the Parties through
negotiations in accordance with relevant national laws and regulations. 
  

			
	Article One	  	Loan

  

	1.	Type of the Loan: Medium-term working capital 

  

	2.	Purpose of the Loan: Purchasing raw materials 

  

	3.	Currency and Amount: Seventy-nine million 

  

	4.	Term of the Loan 

  

	 	(1)	Term of the loan is shown as table below. 

  

															
	 Granted
	  	 Due

	 Year
	  	 Month
	  	 Day
	  	 Amount
	  	 Year
	  	 Month
	  	 Day
	  	 Amount

	2009	  	June	  	25	  	Seventy-nine million	  	2012	  	June	  	24	  	Seventy-nine million
		  		  		  		  		  		  		  	
		  		  		  		  		  		  		  	
		  		  		  		  		  		  		  	

 (Attached sheets used in case of insufficient space in the table shall be regarded as part of this
Contract.) 
  

	 	(2)	In the event that any contradictions arise in relation to the loan amount, grant date and maturity date between this Contract and the loan note, the loan note shall
prevail. The loan note is part of this Contract and has the same legal force as the Contract. 

  

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	 	(3)	If the loan in this Contract is paid in foreign currency, the Borrower shall duly repay the principal and the interests in such foreign currency.

  

	5.	Interest Rate of the Loan 

 Interest rate of RMB loan is determined by Item 1 of the followings: 
  

	 	(1)	Floating Rate 

 Based on the
standard rate of   -    , the interest rate of the loan shall float (up/down)   -   percent, and the annual implemented interest rate is    percent. The standard rate
of the loan with a term less than five years (including five years) is the standard rate of RMB loan set by the People’s Bank of China during the corresponding time period; the standard rate of the loan with a term more than five years is the
standard rate of RMB set by the People’s Bank of China plus -   percent. 
 Interest rate shall be adjusted
every three months. In case that standard rate of RMB loan of the People’s Bank of China is adjusted, the Lender will implement a new interest rate calculated by the aforesaid method based on the adjusted standard rate of corresponding
period without further notice to the Borrower, and the new interest rate shall be implemented from the first corresponding grant date after the standard rate is adjusted. If the date of standard rate adjustment and the grant date are the same day,
or the date of the standard rate adjustment and the corresponding grant date of the first month of such period are the same day, the new interest rate of the loan will be implemented from the adjustment date of the standard rate. 
  

	 	(2)	Fixed Rate 

 Based on the
standard rate of   -    , the interest rate of the loan shall float (up/down)     -   percent, and the annual interest rate of -   percent will be implemented
till the maturity date. The standard rate of the loan with a term less than five years (including five years) is the standard rate of RMB loan set by the People’s Bank of China during the corresponding time period; the standard rate of the loan
with a term more than five years is the standard rate of RMB set by the People’s Bank of China plus - percent. 
 Interest rate of foreign currency loan is determined by Item   -   of the followings: 
  

	 	(1)	Interest rate of the loan equal to   -   month(s) of     -     (LIBOR/HIBOR) +
    -   percent of rate spreads floated with a period of     -     month(s). LIBOR/HIBOR is the lending and borrowing interest rates for the corresponding term,
during the two working days before the calculation day, adopted in the London / Hong Kong banking industry and published by Reuters. 

  

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	 	(2)	The implemented annual interest rate is     -     percent till the maturity date. 

  

	 	(3)	Other method
            -             

  

	6.	Interest Settlement 

 The
interests under this Contract shall be settled every month (month/season), and the settlement day is the 20th day of every month (month/season), and the Borrower shall pay all the outstanding interests within that day. If the date of
the last repayment of the principal is not on a settlement day, the outstanding interests shall be paid along with the principal (daily interest rate = monthly interest rate / 30). 
  

			
	Article Two	  	The Lender is entitled to refuse to grant the loan under this Contract if the following conditions are not fulfilled:

  

	1.	The Borrower has opened saving account at the Lender. 

  

	2.	The Borrower has provided related documentations and data and accomplished related procedures according to the requirements of the Lender. 

  

	3.	If the loan under this Contract is in foreign currency, the Borrower shall obtain approval and registration and complete other legal procedures related to the loan
pursuant to relevant regulations. 

  

	4.	If the loan under this Contract is a loan secured by mortgage/pledge, the Borrower shall complete relevant legal registration procedures and/or insurance procedures in
accordance with the requests of the Lender, and such security or insurance shall be continuously effective. If the loan under this Contract is secured by a guarantee, the guarantee contract shall have been signed and come into force.

  

			
	Article Three	  	Rights and Obligations of the Lender

  

	1.	The Lender is entitled to know the business operations, financial activities, inventory status, applications of the proceeds of the Borrower, and to request the
Borrower to provide documentations, data and information, including financial statements. 

  

	2.	In case of the Borrower’s conducts or conditions, including but not limited to those listed in Item 7, 8 and 10 of Article Four, which may affect the security
of the loan, the Lender may terminate the loans or request the early repayment of the loan. 

  

	3.	The Lender is entitled to directly withdraw the amounts payable from any account of the Borrower if the Lender requests the repayment or the early repayment of the
principal, the interests, the penalty interests, the compound interests and other expenses payable by the Borrower under this Contract. 

  

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	4.	If the amount of repayment is insufficient to satisfy the full amounts payable under this Contract, the Lender shall have the discretion to apply such repayment to the
principal, the interests, the penalty interests, the compound interests or other expenses. 

  

	5.	If the Borrower is in default, the Lender may disclose to the public about the breach of the Borrower. 

  

	6.	The Lender shall grant full loans in due course to the Borrower in accordance with the Contract. 

  

			
	Article Four	  	Rights and Obligations of the Borrower

  

	1.	The Borrower is entitled to receive and use the proceeds of the loan pursuant to the terms and conditions of the Contract. 

  

	2.	The Borrower is entitled to settle and deposit the payables/receivables related to the loan under the Contract through the account(s) mentioned in Article Two of the
Contract. 

  

	3.	If the loan under this Contract is in foreign currency, the Borrower shall obtain approval and registration and complete other legal procedures related to the loan
pursuant to relevant regulations. 

  

	4.	The Borrower shall repay the principal and the interests on time. The Borrower shall apply in writing to the Lender for extension within 15 days prior to the maturity
date and sign the extension agreement upon the consent of the Lender. 

  

	5.	The proceeds of the loan shall be used on the prescribed purpose under the Contract and may not be diverted or appropriated. 

  

	6.	The Borrower shall provide to the Lender with true, full and effective financial statements or other related data and information and cooperate actively with the Lender
to check its business operations, financial activities and applications of the loan under the Contract. 

  

	7.	The Borrower shall give a written notice to the Lender and obtain the approval from the Lender in advance, settle the obligations of repayment or make the early
repayment of the loan before the Borrower has any conduct that may have impact on the relationship between the Parties or on the realization of creditor’s right, including contracting, leasing, reorganization of limited company, joint
operation, separation, merger, acquisition or being acquired, joint venture, assets transfer, application for suspending business for rectification, dissolution, bankruptcy and etc. 

  

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	8.	In case of any of the conditions occurs to the Borrower, other than those stated in the Item 7 of this Article, including termination of production, suspension of
business, cancellation of registration, revocation of business license, illegal activities of legal representatives or principals, major litigation or arbitration, serious difficulty in business operation, deterioration in financial situation, that
may seriously affect the fulfillment of the obligations by the Borrower under the Contract, the Borrower shall immediately inform the Lender in writing and take actions permitted by the Lender to preserve the creditor’s rights.

  

	9.	The Borrower shall provide written notice and obtain written consent from the Lender if the Borrower decides to use its main property as security to provide guarantee
for a third party’s loan, which may affect the Borrower’s ability to fulfill its obligations under this Contract. 

  

	10.	The Borrower and its investor(s) may not withdraw the funds, transfer the assets or, without consent, transfer the shares for the purpose of avoiding repayment of the
loan. 

  

	11.	The Borrower shall, in a timely manner, inform the Lender in writing of any alterations of names, legal representatives, addresses, scope of business of the Borrower.

  

	12.	If the guarantor of the loan under this Contract is in situations including termination of production, suspension of business, cancellation of registration, revocation
of business license, bankruptcy and losses in operation which cause the guarantor to partially or wholly loss its ability to guarantee, or the value of mortgage, pledge, pledge right has decreased, the Borrower shall provide other guarantee measures
that are acceptable to the Lender in a timely manner. 

  

	13.	The Borrower shall bear the expenses incurred associated with the loan under this Contract, including legal fees, insurance, transportation, valuation, registration,
storage, appraisal and notarization. 

  

			
	Article Five	  	Early Repayment

 The Borrower may make the early repayment of the loan with the Lender’s approval; and if the
Lender approves, the interests of the amounts of early repayment shall be calculated by Item 1 of the following: 
  

	1.	The interests are calculated by the loan term and implemented interest rate stipulated in the Contract. 

  

	2.	The interests are calculated by the actual loan term and implemented interest rate stipulated in this Contract plus    percent.

  

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	Article Six	  	Liabilities for Breach of the Contract

  

	1.	If the Lender fails to grant the loan stipulated in the Contract to the Borrower and causes losses of the Borrower, the Lender shall pay penalty to the Borrower based
on the amounts payable in default and the time delayed, and the penalty shall be calculated by the same method as the calculation of the interests of the default loan. 

  

	2.	If the Borrower fails to repay the principal on the date stipulated in the Contract, the penalty interests may be calculated based on the prescribed implemented
interest rate plus _ percent from the default date until the date when the principal and the interests are repaid. During the default term, if the loan is in RMB and the standard rate of RMB is raised by the People’s Bank of China, the
penalty interest rate may be raised from the date when the standard rate is adjusted. 

  

	3.	If the Borrower fails to use the proceeds for the purpose stipulated in the Contract, the Lender may calculate and impose the penalty interests for the amount that is
misused based on the prescribed implemented interest rate of the loan plus one hundred percent from the date of misuse until the date when the principal and the interests are repaid. During such period of time, if the loan is in RMB and the
standard rate of RMB is raised by the People’s Bank of China, the penalty interest rate may be raised from the date when the standard rate is adjusted. 

  

	4.	For the accrued interests payable, the Lender may calculate and impose the compound interests according to the regulations of the People’s Bank of China. The
accrued interests payable include the accrued interests payable (including misuse penalty interests) during the loan term and the accrued interests payable (including default penalty interests and misuse penalty interests) during the default term.
For the accrued interests payable incurred during the loan term, the compound interests shall be calculated by the prescribed implemented interest rate of the loan during the loan term and shall be calculated by the default interest rate from the
maturity date of the loan; for the accrued interests payable of the default loan, the compound interests shall be calculated by the default interest rate. 

  

	5.	If the Borrower breaches the obligations under the Contract, the Lender is entitled to request the Borrower to rectify the breach, withhold funds, request early
repayment of the granted loans, announce that other loans under other contracts entered into by and between the Borrower and the Lender immediately become mature, or take other actions to secure the funds. 

  

	6.	If any guarantor for the loan under the Contract breaches the obligations under this Contract, the Lender is entitled to withhold funds, request early repayment of the
granted loans, or take other actions to secure the funds. 

  

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	7.	If the Lender resorts to litigation or arbitration to preserve the creditor’s right for the breach of the Borrower, the Lender’s expenses, including legal
fees, travel expenses and other expenses, used in reinforcement of the Lender’s rights shall be borne by the Borrower. 

  

			
	Article Seven	  	Guarantee for the Loan

 The way of guarantee for the loan under the contract is the Maximum amount pledge, and the
guarantee contract shall be singed separately. If the way of guarantee is the maximum amount mortgage guarantee, the guarantee contract is numbered 36903200900000039. 
  

			
	Article Eight	  	Dispute Settlement

 Any disputes arising from implementation of this Contract shall be dealt with through negotiation by
both Parties or be settled by Item 1 of the following: 
  

	1.	Litigation. The jurisdiction shall be vested in the People’s Court where the Lender domiciles. 

  

	2.	Arbitration. The arbitration shall be submitted to              (full name of the arbitration
commission) and conducted in accordance with its arbitration rules. 

 During litigation or arbitration, articles in the Contract
that are not in disputes shall still be enforceable. 
  

					
	Article Nine	  	Other Issues	  	
			
		  	   -
	  	
			
		  	  
	  	
			
		  	  
	  	

  

			
	Article Ten	  	Effectiveness of the Contract

 This Contract shall come into force upon the date of signing or seal by the Parties. 
  

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	Article Eleven	  	Copies of the Contract

 This Contract is in   . Each of the Lender, Borrower and guarantor holds _
copy, with equal legal force. 
  

			
	Article Twelve	  	Remarks

 The Lender has reminded the Borrower to have a comprehensive and precise understanding of the
articles in the Contract and also provided explanations for relative articles on the Borrower’s demand. Both Parties have a unanimous understanding on the content of the Contract. 
  

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	Borrower: Jinko Solar Co., Ltd.	 		 	Lender: Agricultural Bank of China, Shangrao Branch
			
	 /s/ Kangping Chen
	 		 	 /s/ Zhenyu Ye

			
	Legal representative:	 		 	Person in charge:
			
	Or authorized agent:	 		 	Or authorized agent:

 Date of contract: June 25, 2009 
 Address of contract: Agricultural Bank of China Shangrao Branch 
  

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