Document:

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                                                                    EXHIBIT 10.7

                                                           [ENGLISH TRANSLATION]

                                                            No: Daibaozi 4070202

                               GUARANTEE CONTRACT

               (For legal entity or other organization guarantor)

                             Bank of Communications

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                                                            No: Daibaozi 4070202

                               GUARANTEE CONTRACT

                                Important Notice

  Guarantor please read this contract carefully, especially provisions with In
      case of any uncertainty, please ask the creditor for clarification.

Guarantor: Baoding Tianwei Baobian Electric Co., Ltd.

Legal Representative (responsible person): Ding Qiang

Registered Address: No. 28 Jingxiu Street, Baoding National High-tech Technology
Industry Development District

Mail Address: No. 28 Jingxiu Street, Baoding National High-tech Technology
Industry Development District

Creditor: Bank of Communications, Shijiazhuang Branch

Responsible person: Wu Chunjie

Mail Address: No. 22 Ziqiang Road, Shijiazhuang

     Whereas: Baoding Tianwei Yingli New Energy Resource Co., Ltd. (hereinafter
referred to as the "Debtor") and the Creditor have entered into a Loan Contract
with No. Daizi 4070202 (hereinafter the "Principal Contract"), and the Guarantor
is willing to guarantee for the fulfillment of credit under the Principal
Contract.

     To clarify rights and obligations of both parties, upon discussion, the
Guarantor and the Creditor hereby agree to enter into this Contract.

ARTICLE 1 SECURED CREDIT CLAIM

     The credit claim secured by the Guarantor is the principal in the Principal
Contract: Currency Renminbi (amount in character) fifty million yuan; interest
rate: 6.12%; expiry date: January 25, 2008.

ARTICLE 2 GUARANTEE LIABILITY

     2.1 Guarantee under this Contract is joint-liability guarantee.

     2.2 The scope of guarantee includes principal and interest thereof,
compound interest, penalty interest, liquidated damage, compensation for damage
and expenses for enforcement of credit right

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under the Principal Contract. The expenses caused in enforcement of credit right
includes but not limited expense to press for payment, litigation fee (or
arbitration fee), conservation fee, publication fee, enforcement fee, lawyer
fee, travel expense and other expenses.

     2.3 The guarantee period is two years from the date when the debt is
mature.

     If the Principal Contract provides that the Debtor may pay its debt by
installments, the guarantee period shall commence from the date when each
installment's debt paying deadline expires until two years after the date when
the last installment's debt paying deadline expires.

     The date of maturity of the debt under issuance of bank acceptance, letter
of credit or security bond shall be the date when the creditor makes advance
disbursement.

     If the Creditor declares earlier expiry of all debt under the Principal
Contract, such earlier expiry date declared shall be the date when the debt
paying deadline expiries.

     2.4 In accordance with provisions of Article five of Security Law of
People's Republic of China, both parties of this Contract specifically agree
that: the effect of this Contract shall be independent from that of the
Principal Contract; the nullification of the Principal Contract or relevant
provisions thereof may not affect the effect of this Contract. The Guarantor
shall bear joint liability for returning liability or compensation liability to
be born by the Debtor after the Principal Contract is invalid.

     ARTICLE 3 REPRESENTATION AND WARRANTY OF THE GUARANTOR

     3.1 The Guarantor is an independent civil entity organized in accordance
with law and existing legally, has all necessary capability and may perform
obligations under this Contract in its own name and bear civil liability.

     3.2 Execution and implementation of this Contract is out of real intent of
the Guarantor and has all required consent, approval and authorization without
any legal defect.

     3.3 All documents, materials and information provided by the Guarantor to
the Creditor during execution and implementation of this Contract are true,
proper, complete and valid.

     ARTICLE 4 OBLIGATION OF THE GUARANTOR

     4.1 In any of the following events on the part of the Debtor, the Guarantor
shall unconditionally and immediately pay to the Creditor all mature and payable
amounts of the Debtor:

     a. failure to timely and fully repay the loan or financing principal and
interest thereof under various loans or import bill advance, export bill
advance, export collection financing, pack loans and other trade financing
businesses;

     b. failure to timely and fully repay the advance disbursement of the
Creditor under issuance of letter of credit, bank acceptance or security bond.

     4.2 The Guarantor shall cooperate with the Creditor to supervise and
inspect its operation and financial condition, provide all financial statements,
other materials and information required by the Creditor on a timely basis and
warrant all documents, materials and information provided to be true, complete
and proper..

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     4.3 To take any of the following action, the Guarantor shall notify the
Creditor in writing at least thirty days in advance and shall not take such
action until the credit claims under the Principal Contract have been repaid or
unless agreed by the Creditor in writing:

     a. to sell, donate, lease, lend, move, mortgage, pledge or otherwise
dispose substantial assets or all or part of assets;

     b. to make material change to its operation structure or property
organization, including but not limited to conduct contract, lease, corporation
restructure, joint stock cooperative system restructure, sale of enterprise,
merger (acquisition), co-investment (cooperation), split-up, establishment of
subsidiaries, transfer of property and decrease of registered capital.

     4.4 In case that any of the following event occurs or may occur, the
Guarantor shall notify the Creditor in seven days:

     a. the amendment of articles of association, change of name, legal
representative, registered address, mail address, business scope or other
registered matters, decision that has material effect on finance or human
resource;

     b. the plan to apply for bankruptcy or the possibility or the fact on the
part of the creditors to apply for its bankruptcy;

     c. involvement in great litigation or property conservation or other
judicial force enforcement upon its major assets;

     d. extension guarantee to any third party which thereby has material
negative effect on its financial condition or its ability to perform its
obligation under this Contract;

     e. execution of contracts that have material effect on its operation and
financial condition;

     f. cease of production, cease of business, dissolution, suspension of
business for rectification, forced dissolution or revocation of business
license;

     g. involvement of legal representative (responsible person) or major
officer in illegal activities; or

     h. occurrence of serious difficulty in operation or financial condition, or
other matters that have negative effect on the Guarantor's normal operation,
financial condition or liquidity.

     4.5 Before the Debtor repay to the Creditor all debts under the Principal
Contract, the Guarantor may not exercise its right to recourse arising under
this Contract against the Debtor or other guarantors.

     4.6 If the Creditor and the Debtor make amendment to the Principal
Contract, the Guarantor shall still have joint liability of guarantee. However,
In case of increase of contract amount, change of currency, increase of interest
rate without statute reasons or extension of repayment time limit without
written consent of the Guarantor, the Guarantor may bear liability of guarantee
in accordance with such amount, currency, interest rate and time limit as
provided by this Contract.

     ARTICLE 5 AGREEMENT ABOUT DEBIT

     5.1 The Guarantor authorizes the Creditor to debit from any of its accounts
with Bank of

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Communications certain amount to repay for its mature debt payable.

     5.2 After such debit, the Creditor shall notify the Guarantor account
involved, serial number of the principal contract, serial number of the
guarantee contract, the amount debited and the balance of the debt.

     5.3 If the debited amount is not sufficient to offset all debt of the
Guarantor, such debited amount shall be used in accordance with the following
agreement after offsetting expenses unpaid: a. under loan or import bill
advance, export bill advance, export collection financing, export check
financing, pack loans and other trade financing businesses, if payment of
principal and interest has been delayed for less than 90 days, the balance after
offsetting expenses shall be firstly used to offset unpaid interest or penalty
interest, compound interest and then be used to offset un-repaid principal; if
payment of principal and interest has been delayed for more than 90 days, the
balance after offsetting expenses shall be firstly used to offset un-repaid
principal and then be used to offset unpaid interest or penalty interest,
compound interest; b. under issuance of bank acceptance, letter of credit,
security bond or export factoring, the balance after offsetting expenses shall
be firstly used to offset un-repaid principal and then be used to offset unpaid
interest or penalty interest, compound interest.

     5.4 In case that the currency of debited amount is different from that of
the debt to be repaid, such amount shall be converted into the debt to be repaid
on the basis exchange rate announced by the Bank of Communication on debit date.

     Article 6 Settlement of Disputes

     Any dispute under this Contract shall be settled in the first way of the
following. During such dispute, each party shall continue to implement
provisions that are not involved in dispute.

     a. to go to court for the place of the Creditor's domicile that has
jurisdiction;

     b. to apply for arbitration of ____________ arbitration commission in
accordance then valid arbitration rules of such commission whose decision shall
be final and binding on both parties.

     ARTICLE 7 MISCELLANEOUS

     7.1 If the Guarantor has any action to avoid supervision of the Creditor,
delay in performance of guarantee obligation or refuse repay in bad faith, the
Creditor shall have the right to report such action to relevant authorities and
make it public on news media.

     7.2 The Guarantor has read the Principal Contract carefully and has
confirmed all provisions thereof.

     7.3 This Contract has been signed (or stamped) by legal representative
(responsible person) or authorized representative of the Guarantor and legal
representative (responsible person) or authorized representative of the Creditor
and attached with official chops and has come into effect.

     7.4 This Contract is executed with four originals. Each of the Guarantor,
Creditor and Debtor keeps one copy respectively.

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     ARTICLE 8 OTHER MATTERS AGREED

     When executing this Contract, the Borrower is not a shareholder or actual
controller as defined by the Company Law of the Guarantor.

The Guarantor has read all above provisions and the Creditor has made
corresponding explanation upon request by the Guarantor. The Guarantor has not
disagreement upon above contents.

Guarantor (official chop): Baoding Tianwei Baobian Electric Co., Ltd.

Legal representative (responsible person)
or authorized representative:                     /s/ Ding Qiang
                                                  ------------------------------
(signature or stamp)

Execution Date: February 6, 2007

Creditor (chop): Bank of Communications, Shijiazhuang Branch

Responsible person or authorized representative:  /s/ Shen Guodong
                                                 -------------------------------
(signature or stamp)

Execution Date: February 6, 2007

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                                                                    EXHIBIT 10.8

                                                           [ENGLISH TRANSLATION]

                                               Contract No. (2005) Yinbao No. 42

                        MAXIMUM AMOUNT GUARANTEE CONTRACT

                            China CITIC Industry Bank

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                        MAXIMUM AMOUNT GUARANTEE CONTRACT

GUARANTOR: Baoding Tianwei Baobian Electric Co., Ltd. (HEREINAFTER "PARTY A")

REGISTERED ADDRESS: Baoding

MAIL CODE: 071000

TEL: 3308517

FAX: 3308517

LEGAL REPRESENTATIVE: Ding Qiang

BANK AND ACCOUNT: CITIC

CREDITOR: CITIC Industry Bank, Shijiazhuang Branch (HEREINAFTER "PARTY B")

REGISTERED ADDRESS: No. 209 Xinhua East Road

MAIL CODE: 050000

TEL: 7884438

FAX: 7884436

LEGAL REPRESENTATIVE/ RESPONSIBLE PERSON: Chen Yanming

BANK AND ACCOUNT:

DEBTOR: Baoding Tianwei Yingli New Energy Resources Co., Ltd.

REGISTERED ADDRESS: No. 11 Fuxing Road, High-tech District, Baoding

MAIL CODE: 050000

TEL: 7921313

FAX: 3151881

LEGAL REPRESENTATIVE: Ding Qiang

BANK AND ACCOUNT: CITIC

PLACE EXECUTING THIS CONTRACT: Shijiazhuang City

DATE EXECUTING THIS CONTRACT: March 30, 2005

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     To ensure satisfaction of credit claims of Party B, Party A is willing to
provide maximum amount guarantee for a series of credit claims between Party B
and the Debtor. Therefore, in accordance with Contract Law, Security Law and
other relevant laws and regulations, upon equal discussion, Party A and Party B
enter into this Contract.

Article 1 Definition

     1.1  Maximum amount guarantee refers to the agreement between the Creditor
          and the Guarantor providing that the Guarantor provides guarantee to
          the Creditor for the Debtor's performance of its debts occurring
          continuously in certain period within a certain maximum amount. Such
          maximum amount refers to the total balance of debts (including
          contingent debts) owed by the Debtor to Party B.

Article 2 Principal Credit Claim Under Guarantee

     The principal credit claims under guarantee refer to a series of credit
claims arising from March 30, 2005 to September 30, 2005 due to credit extension
by Party B to the Debtor, the maximum amount of which is Renminbi (in words) one
hundred and fifty million yuan. If Party A performs its obligation of security
in accordance with this Contract, such maximum amount is deducted
correspondingly based on the amount paid.

     Within such period and in the extent of such maximum amount as agreed
above, the serial contracts, agreements and other legal documents entered into
between Party B and the Debtor that constitute the basis of creditor-debtor
relationship are the Principal Contracts of this Contract.

Article 3 Form of Guarantee

     Party A provides joint-liability guarantee. In case that the Debtor fails
to pay any or part of its debts upon expiry of the performance period of a
single debt under the Principal Contracts, Party B shall have the right to
directly require Party A to bear guarantee liability.

     When the Debtor fails to pay its debt in accordance with the Principal
Contracts, whether or not Party B enjoys any other security (including but to
limited to guarantee, mortgage, pledge, guarantee letter, stand-by letter of
credit or other security form) for its credit claims under the Principal
Contracts, Party B shall have the right to directly require Party B to bear
guarantee liability in the extent of its guarantee.

Article 4 Guarantee Period

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     1.   The period of the guarantee provided by Party A is two years, that is,
          two years from the date when the debt performance time limit agreed in
          specific business contract expires. The guarantee period under each
          specific business contract shall be counted separately.

     2.   If the debt becomes mature earlier according to laws and regulations
          or the Principal Contracts or by agreement between the parties of the
          Principal Contracts, such earlier expiry date is the date when the
          performance time limit expires.

Article 5 Scope of Guarantee

     The scope of this guarantee includes principal, interest, penalty interest,
compound interest, liquidated damage, compensation for damage and expenses for
enforcement of credit claim (including but not limited to litigation fee, lawyer
fee, travel expense) under the Principal Contracts.

ARTICLE 6 STATEMENT AND WARRANTY OF PARTY A

     1.   Party A is a legal person or other organization established in
          accordance with laws, has the capacity for civil rights and capacity
          for civil conduct necessary for execution and implementation of this
          Contract and can bear civil liability independently.

     2.   Party A is voluntary to provide security for the Debtor of the
          Principal Contracts. All of its intent expression under this Contract
          is real.

     3.   All documents, statements and representation provided by Party A
          relevant to loans under the Principal Contracts are legal, true,
          proper and complete. Other than information that has been disclosed to
          Party B in writing, there is not any other material indebtedness
          (including contingent indebtedness), breach of contract, litigation,
          arbitration or other material matter affecting its asset that may
          affect implementation of this Contract on the part of Party A is not
          disclosed to Party B.

ARTICLE 7 RIGHTS AND OBLIGATIONS OF PARTY A

     1.   Party A shall furnish Party B with true and valid legal documents that
          can prove its legal position.

     2.   Within duration of this Contract, in case of change in registered
          address, name, telephone number or fax, Party A shall notify Party B
          such change in writing in seven calendar days after change.

     3.   Party B shall periodically or at any time upon request by Party B
          provide to

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          Party B with statements and other documents that truly reflect its
          overall financial condition.

     4.   In duration of this Contract, if there occurs, on the part of Party A,
          among other things, share transfer, restructure, merger, split-up,
          joint stock system restructure, co-investment, cooperation,
          cooperative operation, contracting, lease, change of business scope
          and registered capital, transfer of material asset that may or is
          sufficient to affect its ability of security, Party A shall notify
          Party B in writing thirty calendar days in advance.

     5.   If there occurs, on the part of Party A, discontinuance of business,
          suspension of business, being announced to be in bankruptcy,
          dissolution, revocation of business license, forced dissolution,
          worsening of financial condition or involvement in material economic
          disputes, Party A shall notify Party B in seven calendar days from the
          date of occurrence of forgoing.

     6.   In duration of this Contract, the extension of any form of security by
          Party A to any third party shall not damage Party B's interests.

     7.   In duration of this Contract, in case of any event under item four or
          five of this Article, Party A warrants to make appropriate arrangement
          for all guarantee liability under this Contract.

     8.   In case that Party B requires Party A to bear guarantee liability
          because the Debtor fails to repay all or part of debts under the
          Principal Contracts in accordance agreement (including in the event of
          earlier maturity of debt under the Principal Contracts as agreed in
          the Principal Contracts), upon receipt of written notice from Party B,
          Party A shall immediately pay to Party B such amount in such way as
          notified and repay such debt under the Principal Contracts.

     9.   If Party A fails to perform its obligation in accordance with item
          eight of this Article, Party A authorizes Party B to directly debit
          against any account of Party A with Party B and/or exercise right to
          dispose upon Party A's property or property right legally occupied and
          managed by Party B to repay debt under the Principal Contracts.

     10.  Unless otherwise provided by this Contract, any amount paid to Party B
          by Party A in bearing its guarantee liability shall offset the
          following in such order as follows: a. the expense for enforcement of
          credit claims; b. damage compensation; c. liquidated damage; d.
          compound interest of the principal credit claim; e. delay penalty
          interest of the principal credit claim; f. interest of the principal
          credit claim; and g. principal of the principal credit claim.

     11.  In the guarantee period, Party B and the Debtor of the Principal
          Contracts may negotiate on amendment of relevant provisions of the
          Principal Contracts without consent of party A. But if such amendment
          of the Principal Contracts by Party B and the Debtor of the Principal
          Contracts apparently increases debt

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          of the Debtor, Party A's consent shall be obtained, otherwise Party B
          may not bear guarantee liability for the increased part on the Debtor
          of the Principal Contracts, provided that, if such increase of debt of
          the Debtor of the Principal Contracts is due to adjustment of interest
          rate by People's Bank of China, Party B shall bear joint guarantee
          liability for such indebtedness increased thereby.

ARTICLE 8 RIGHTS AND OBLIGATIONS OF PARTY B

     1.   To transfer all of its credit claims under the Principal Contracts to
          any third party, Party B shall notify Party A in fifty bank business
          days after executing the credit claim transfer contract in writing.

     2.   During implementation of this Contract, if the People's Bank of China
          adjusts loan interest rate and the interest rate under the Principal
          Contracts is adjusted correspondingly in accordance with rules of the
          People's Bank of China, such adjustment shall not be deemed to be
          amendment to the Principal Contracts and this Contract. Party B needs
          not to notify Party A and Party A shall continue to bear guarantee
          liability.

     3.   Party B needs not to notify Party A when executing specific business
          contracts with the Debtor with respect to specific credit extension
          business under the Principal Contracts.

     4.   If the Debtor of the Principal Contracts fails to pay all or part of
          its debt in accordance with the Principal Contracts (including in the
          event of earlier maturity of debt under the Principal Contracts as
          agreed in the Principal Contracts), Party B has the right to require
          Party A to bear guarantee liability in accordance with this Contract.

     5.   Party B shall keep materials, documents and information about Party A
          provided by Party A in confidentiality, other than those that shall be
          inquired or disclosed as required by laws and regulations.

ARTICLE 9 BREACH OF CONTRACT

     1.   After this Contract comes into effect, Party A and Party B shall
          perform its obligations agreed in this Contract. Any party that fails
          perform to or un-completely performs its obligation agreed in this
          Contract, shall bear corresponding liability for breach of contract
          and compensate the other party for its loss caused.

     2.   Party A shall compensate Party B for any loss caused by untrue,
          improper, un-complete or misleading statement and warranty in Article
          6 of this Contract.

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     3.   If this Contract becomes invalid due to default of Party A, Party A
          shall compensate Party B for all of its loss in the extent of the
          guarantee scope.

     4.   In duration of this Contract, in case of any of the following event,
          Party B shall have the right to announce that all of the Principal
          Contracts are mature and directly require Party B to bear guarantee
          liability.

          a.   that Party B is not repaid at expiry of performance time limit of
               any debt under the Principal Contracts;

          b.   that the Principal Contracts becomes mature earlier according to
               provisions thereof;

          c.   that Party A discontinues its business, suspends its business,
               applies for bankruptcy, is announced to be in bankruptcy, is
               dissolved, has its business license revoked or is forced to
               dissolved;

          d.   other events on the part of Party A that endanger or harm or may
               endanger or harm Party B's interests.

ARTICLE 10 ACCUMULATIVENESS OF RIGHTS

     1.   The rights of Party B under this Contract are accumulative and will
          not affect or exclude any other right of Party B against Party A in
          accordance with laws and other contracts. Unless expressed by Party B
          in writing, Party B's failure to exercise, partial exercise of and/or
          delay to exercise any of its rights shall not constitute waiver or
          partial waiver of such right and shall not affect, prevent or block
          Party B to contrite to exercise such right or any other rights.

     2.   The obligations and liabilities of Party A under this Contract are
          accumulative and shall not affect or exclude any other obligation and
          liability owed by Party A to Party B in accordance with laws and other
          contracts. Unless otherwise required by law compulsorily or agreed or
          recognized by Party B in writing, Party B shall not bear any liability
          for obligations and liabilities owed by Party A to any third party in
          accordance with laws or agreements.

ARTICLE 11 CONTINUITY OF OBLIGATIONS

     All obligations and joint liability of Party A under this Contract are of
continuity, completely binding on its inheritor, take-over person or
organization, assignee and the entity existing after merger, restructure or
change of name and shall not be affected by any dispute, compensation claim,
legal proceeding, any order from superior organization and any contract or
document entered into by and between the Debtor of the Principal Contract and
any natural person or legal person, shall not change due to bankruptcy of the
Debtor, inability to repay the debt, disqualification as an enterprise,
amendment of articles of association and occurrence of any substantial change.

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ARTICLE 12 NOTARIZATION AND VOLUNTEER ACCEPT OF FORCE ENFORCEMENT

     1.   If any party of this Contract requests notarization, this Contract
          shall be notarized by the notary authority provided by the State.

     2.   Party A agrees that Party B may apply to the notary authority with
          this Contract for issuance of notary certificate that has enforceable
          effect. In case that the Debtor fails to pay off amount under credit
          extension, interest and relevant expense within repayment time limit
          provided by this Contract, Party B may apply for force enforcement
          with people's court having jurisdiction with such notary certificate
          and Party A will waive all rights of defense and all rights to refuse
          to bear guarantee liability to Party B.

ARTICLE 13 FORCE MAJEURE

     If Party A is unable to perform its obligations in accordance with this
Contract due to force majeure event, Party A shall notify Party B in ten legal
business days from the date of occurrence of such force majeure event and
provide written certificate about such force majeure event issued by local
notary authority.

ARTICLE 14 OTHER AGREED MATTERS

ARTICLE 15 APPLICABLE LAW

     This Contract shall apply laws of People's Republic of China and is binding
no Party A and Party B.

ARTICLE 16 SETTLEMENT OF DISPUTES

     Any dispute arising due to this Contract or relevant to this Contract shall
be settled by discussion between Party A and Party B; in case of failure to
discuss, both parties agree that such dispute shall be settled in the second way
of the following:

     1.   to apply for arbitration by __________ arbitration commission;

     2.   to sue to people's court for the place of Party B's domicile.

     During litigation or arbitration, the provisions of this Contract that are
not involved in dispute shall continue to be implemented.

ARTICLE 17 EFFECT OF THIS CONTRACT

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     1.   This Contract is independent from the Principal Contracts. The
          invalidity of the Principal Contracts due to any reason shall not
          affect the effect of this Contract and this Contract shall continue to
          be valid. The joint guarantee liability of Party A under this Contract
          extends to include legal liability after invalidity of the Principal
          Contracts (including but to limited to returning and compensation
          liability).

     2.   If certain article or part of certain article of this Contract is or
          will be invalid, such article or such invalid part shall not affect
          the validity of this Contract and other articles of this Contract or
          other part of such article.

ARTICLE 18 EFFECTIVENESS, AMENDMENT AND TERMINATION OF CONTRACT

     1.   This Contract comes into effect upon signature or stamping (signature
          or stamping with name chop) and stamping with official chop or
          contract chop by legal representative or authorized representative of
          Party A and legal representative or authorized representative of Party
          B.

     2.   After this Contract comes into effect, unless otherwise agreed in this
          Contract, any party of Party A and Party B shall not amend or
          terminate this Contract without permission. The amendment or
          termination of this Contract shall be made upon discussion of Party A
          and Party B with written agreement.

ARTICLE 19 MISCELLANEOUS

     1.   With respect to matters that are not mentioned in this Contract, Party
          A and Party B may enter into separate written agreement as annex to
          this Contract. Any annex, amendment or supplement to this Contract
          shall constitute a party of this Contract and have the same legal
          effect as this Contract.

     2.   Any notice, request or other communication with respect to this
          Contract by Party B to Party A, including but not limited to tele-fax,
          telegraph or fax shall be deemed to be delivered to Party A upon
          transmission; mail letters shall be deemed to be delivered to Party A
          on third day of registered mail; in case of hand delivery, on the date
          when the recipient signs on the receipt.

     3.   This Contract is executed with three copies, each of which is kept by
          Party A and Party B separately. In case of notarization, the notary
          authority may keep one copy.

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     Party A: Baoding Tianwei Baobian Electric Co., Ltd. (Corporate Seal)

     Legal Representative: /s/ Ding Qiang
                           -----------------------
     (or authorized representative)

     Corporate seal

     Party B: CITIC Industry Bank, Shijiazhuang Branch (Corporate Seal)

     Legal Representative or responsible person: /s/ Chen Yanming
                                                 -----------------------
     (or authorized representative)

     Corporate seal

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