Document:

Translation of Real Estate Sales Agreement

 Exhibit 10.57 
 Real Estate Sales Contract of Guangdong Province 
 (Applicable to Sales of
Second-Hand House) 
  
  
 This contract is provided by Zhongshan Municipal Bureau of National Land Resources free of charge 

 Real Estate Sales Contract 

(Contract
No.:                            ) 
 By and between: 
 Party A (Assignor): Zhongshan Mingyang Electrical Appliances Co.,
Ltd in China 
 Identity card No./Passport No./Business License Registration No.: 442000400000499; 

Address: Daling Administration District, Zhongshan Torch Hi-Tech Industrial Development Zone, Zhongshan City, Guangdong Province 

Authorized Representative: Wang Changfa Nationality: China  
 Identity card No./Passport No./Business License Registration No.: 413026197402086017 

Address: No. 163 Zhenhua Road, Futian District, Shenzhen City, Guangdong Province 
 Zip Code: 528437        Tel: 13928193933 
 Party B
(Assignee): Guangdong Mingyang Wind Power Industry Group Co., Ltd in China 
 Identity Card No./Passport No./Business License
Registration No.: 442000000001340 
 Address: Wuxing Village, Zhongshan Torch Hi-Tech Industrial Development Zone, Zhongshan City,
Guangdong Province 
 Authorized Representative: Jin Pengju        Nationality: China

 Identity Card No./Passport No./Business License Registration No.: 412823198210051651 

Address: #9-24, Xudian Neighborhood Committee, Quyang Office, Suiping County, Henan Province 

Zip code: 463100
                                         
                                         
   Tel: 13702364477 
 The agreement as follows, with reference to sales of the real estate hereunder, is entered into by and between
Party A and Party B, based upon fairness, willingness and friendly consultation, according to national and provincial laws, regulations and relevant provisions. 
 Article 1: Descriptions of the Sales of Real Estate 
 Party B is willing to purchase, upon
good understanding of, the real estate to be transferred by Party A, addressed at Shabian Village, Zhongshan Torch Hi-Tech Industrial Development Zone, Zhongshan City. 
 The said real estate [Public Use] [Own Use] covers an area for land-use right of 42677.90 square meters with the type of land-use right of transfer and the building area is 7335.09/15831.73 square meters,
with a building area of [the real estate] [the overall storey] [the overall building] of                      square meters; area for public
use and shared building area is                      Square meters. Party A applied at Zhongshan Municipal Government on
MM    DD    YY    , for the issuance of the Real Estate Ownership Certificate, which was received by Party A, with the certificate number: ZFZ No. 0110015500, ZFZ No.
0110016866 and certificate number of the Real Estate Mutual Ownership (use) Certificate is:                     . Certificate of Land Use
Right, Number: ZFGY (2010) No. 150110, for the real estate herein was received. 
 Article 2 Price and Payment Terms for the Sales of the
Real Estate 
 The total price for the sales of the real estate agreed by both Party A and Party B is, RMB SEVETY-FIVE MILLION, EIGHT HUNDRED
AND EIGHTY-FOUR THOUSAND, TWO HUNDRED AND EIGHT YUAN ONLY (¥75,834,000.00). The amount of THIRTY-FIVE MILLION YUAN ONLY (¥35,000,000.00), shall be made as advance deposit to Party A by Party B within seven (7) days upon execution of
this contract. 

 The first installment of RMB FORTY MILLION, EIGHT HUNDRED AND EIGHTY-FOUR THOUSAND, TWO HUNDRED AND EIGHT
ONLY (¥40,884,208.00), shall be paid to Party A by Party B before January 31, 2011. The payment shall be made in Cash, by Cheque, Bank Transfer or Telegraphic Transfer. 
 Article 3 Assignment Registration Procedures 
 Within ninety (90) days upon execution
of this contract, Party A and Party B shall present associated documents at Zhongshan Municipal Registration Administration for Real Estate Exchange together to handle assignment registration procedures. The new Real Estate Ownership Certificate
upon completion of assignment registration shall be received by Party B at the same time when Party B pays the last installment for the real estate. 
 Article 4 The Real Estate Hand-over 
 The real estate shall be handed over to Party B on
December 31, 2012, as agreed by both parties. 
 Article 5 Warranties for Rights 

Party A hereby guarantees that the real estate involves no property right dispute, financial dispute or other right restrictions, and any disputes or
right obstacles existing prior to the sales herein shall be dealt with by Party A completely and any legal liabilities incurred hereof shall be undertaken by Party A. In addition, Party A shall make compensation to, and for any losses suffered by,
Party B incurred hereof. 
 Article 6 Liabilities for Breach of Contract (NOT APPLICABLE for this Contract) 

In case Party A determines not to sell the real estate within the period of this contract and the real estate is not handed to Party till 15 days after
the due date herein, it shall be construed as a breach by Party A, as a result of which, this contract shall be terminated forthwith. Party A shall return the advance deposit and all other payments made by Party B for the real estate and a penalty,
equivalent to, SAY (RMB)         BILLION,             MILLION,
    THOUSAND,            ONLY, shall be paid to Party B as compensation, within seven(7) days upon the termination of this contract. 

In case Party B determines not to buy the real estate within the period of this contract and corresponding payments are not made in full amount till 15
days after the due date herein, it shall be construed as a breach by Party B, as a result of which, this contract shall be terminated forthwith. The advance deposit herein shall not be returned to Party B, but Party A shall return all other payments
made by Party B for the real estate, within seven(7) days upon the termination of this contract, and a penalty, equivalent to, SAY(RMB)         BILLION,
            MILLION,     THOUSAND,            ONLY, shall be paid by Party B as
compensation, which may be deducted from the payments herein for the real estate. 
 Article 7 Taxes 

Taxes incurred in assigning the real estate shall be undertaken by Party A and Party B respectively, in accordance with relevant provisions. 

Article 8 Dispute Settlement 
 Any
dispute arising from or in connection with the performance of this Contract shall be settled timely by both Parties upon negotiations, failing which, the method          as follows shall apply:

 1. Dispute shall be submitted to
                             Arbitration Commission for arbitration. 

2. A suit may be started in People’s Court according to laws. 

 Article 9 Agreement for Certificates Obtainment 

The second method of obtaining certificates as follows is agreed by both Party A and Party B upon negotiations: 

1. Both Party A and Party B shall be present personally to receive the Real Estate Ownership Certificate together. 

2. The Real Estate Ownership Certificate shall be received by Jin Pengju (types of effective proof of certificate: Identity Card; Identity Card
No.: 412823198210051651). 
 Both parties are willing to undertake corresponding legal liabilities to any disputes incurred herein. 

Article 10 Disposal and Legal Forces of Matters not Mentioned Under this Contract 
 Supplementary agreement (Appendix), concerning matters not mentioned in this contract, may be signed by both parties and shall have the same legal forces with, this contract. 

Article 11 Preservation of this Contract 

This contract shall be preserved by Zhongshan Municipal Bureau of Land and Resources. 

 

			
	
Party A (Seal):

	    	
Party B (Seal):

		
	Legal representative: ZHANG Chuanwei	    	Legal representative: ZHANG Chuanwei
		
	Authorized representative:	    	Authorized representative: Jin Pengju
		
	Signed at Zhongshan Municipal Bureau of Land and Resources, Zhongshan Torch Hi-Tech Industrial Development Zone	    	Signed at Zhongshan Municipal Bureau of Land and Resources, Zhongshan Torch Hi-Tech Industrial Development Zone
		
	Date: December 22, 2010	    	Date: December 22, 2010Translation of Machinery Transfer Agreement

 Exhibit 10.58 
 Machinery Transfer Agreement 
 Contract No.: MY-FD091230 

Subject: Assignment of computer and low voltage switch cabinet 
 Location: Zhongshan, Guangdong province, P.R.China 
 Date: December 30, 2009 

Party A (Assignor): Zhongshan Mingyang Electrical Appliances Co., Ltd. 
 Address: Daling Administrative District, Torch Industrial Development Zone, Zhongshan, Guangdong Province 
 Postal Code: 528437 
 Bank: Agricultural Bank of China, Zhongshan Torch Development Zone
Sub-brance 
 A/C No.: 44-319101040004287 
 Tel.: 0760-85313262 
 Fax: 0760-85313162 
 Party B (Assignee): Guangdong Mingyang Industry Group Co., Ltd. 
 Address: Wuxing Villgae, Torch
Industrial Development Zone, ZHongshan, Guangdong Province 
 Postal Code: 528437 
 Bank: Agricultural Bank of China, Zhongshan Torch Development Zone Sub-brance 
 A/C No.:
44-319101040008866 
 Tel.: 0760-88587710 
 Fax: 0760-88588313 
 Party A and Party B reached the following agreements regarding the transfer
of assets (computer and low voltage switch cabinet) on the basis of fairness, willingness and mutual benefit. 

 Article 1: Transfer of Assets 

 

											
	 Asset
	  	Model	  	
Beginning time
 of
Use
	  	User	  	Unit	  	Book Value
(RMB)
	 Desktop
Computer
	  	Lenovo Qitian	  	Apr. 1, 2007	  	Li Hong	  	1	  	4,030.00
	 Desktop Computer
	  	Lenovo Qitian	  	Dec. 1, 2006	  	Wang Feng	  	1	  	4,030.00
	
Laptop
	  	Lenovo Xvri 410L	  	Dec. 1, 2006	  	Cao Renjing	  	1	  	8,900.00
	 Laptop
	  	M1210	  	Nov. 30, 2007	  	Wang Jinfa	  	1	  	7,689.60
	
Laptop
	  	XPS M1210	  	De.30, 2007	  	Wen Hong	  	1	  	7,498.53
	 Laptop
	  	Lenovo N220	  	Feb. 22, 2008	  	Wang Jinfa	  	1	  	5,100.00
	
Laptop
	  	Dell R510333	  	Apr. 23, 2008	  	Zheng Liangji	  	1	  	7,497.36
	 Laptop
	  	C466	  	May 27, 2008	  	Zhang Jianguo	  	1	  	5,300.00
	 Sub-total
	  	 	  		  	8	  	50,054.49
	 Low Voltage Switch Cabinet
	  	GGD (self-manufatured)	  	Dec. 31, 2008	  	Testing Lab	  	7	  	251,277.00
	 Low Voltage
Switch Cabinet
	  	GGD (self-manufatured)	  	Dec. 31, 2008	  	Warehouse	  	4	  	158,964.00
	 Low Voltage Switch Cabinet
	  	GGD (self-manufatured)	  	Dec. 31, 2008	  	Manufacturing Facility of Blades	  	6	  	725,008.00
	
Sub-total
	  	 	  	 	  	17	  	1,1351249.00
	
Total
	  	 	  	 	  	 	  	1,185,303.49

Article 2: Price 
 Upon friendly consultation and according to the remaining use life of assets, the total price for the assets specified herein is RMB ONE MILLION ONE HUNDRED AND TWENTY-EIGHT THOUSAND ONE HUNDRED AND
FOURTY-NINE YUAN ONLY (¥1,128,149.00), of which the prices for the eight computers and seventeen low voltage switch cabinet are ¥32,9000.00 and ¥1,095,249.00, respectively. Detail as per the following table: 

 

													
	 Asset
	  	Model	 	 Beginning time

of Use
	 	User	 	Unit	 	Book Value
(RMB)	 	Transfer
Price
	 Desktop Computer
	  	Lenovo Qitian	 	Apr. 1, 2007	 	Li Hong	 	1	 	4,030.00	 	2,300.00
	 Desktop Computer
	  	Lenovo Qitian	 	Dec. 1, 2006	 	Wang Feng	 	1	 	4,030.00	 	2,00.00
	 Laptop
	  	Lenovo Xvri 410L	 	Dec. 1, 2006	 	Cao Renjing	 	1	 	8,900.00	 	4,400.00
	 Laptop
	  	M1210	 	Nov. 30, 2007	 	Wang Jinfa	 	1	 	7,689.60	 	5,300.00
	 Laptop
	  	XPS M1210	 	De.30, 2007	 	Wen Hong	 	1	 	7,498.53	 	5,200.00
	 Laptop
	  	Lenovo N220	 	Feb. 22, 2008	 	Wang Jinfa	 	1	 	5,100.00	 	3,700.00
	 Laptop
	  	Dell R510333	 	Apr. 23, 2008	 	Zheng Liangji	 	1	 	7,497.36	 	5,800.00
	 Laptop
	  	C466	 	May 27, 2008	 	Zhang Jianguo	 	1	 	5,300.00	 	4,200.00
	
Sub-total
	 		 	 	 	8	 	50,054.49	 	32,900.00
	 Low Voltage Switch Cabinet
	  	GGD (self-manufatured)	 	Dec. 31, 2008	 	Testing Lab	 	7	 	251,277.00	 	241,277.00
	 Low Voltage Switch Cabinet
	  	GGD (self-manufatured)	 	Dec. 31, 2008	 	Warehouse	 	4	 	158,964.00	 	148,964.00
	 Low Voltage Switch Cabinet
	  	GGD (self-manufatured)	 	Dec. 31, 2008	 	Manufacturing Facility of Blades	 	6	 	725,008.00	 	705,008.00
	
Sub-total
	 		 	 	 	17	 	1,1351249.00	 	1,095.249.00
	 Total
	 	 	 	 	 	 	 	1,185,303.49	 	1,128.149.00

 Article 3: Rights and Obligations 

 

	 	1.	Party A and Party B are both aware of the current situation of the aforementioned assets. Party B holds no disagreement. 

 

	 	2.	Party A shall be responsible for the tax expense arisen during the assets transfer. 

 

	 	3.	Party B shall make full payment of the asset transfer specified in this Contract within one week upon inspection and acceptance of the assets specified herein or one
month upon execution of this Contract. 

 Article 4: Miscellaneous 

 

	 	1.	This Contract comes into force upon execution by both parties. This Contract is in quadruplicate, two for each party and with the same legal force.

  

	 	2.	All pending matters not specified in this Contract shall be settled through friendly consultation by the two Parties. 

 

			
	
 Party A (seal):

	  	
Party B (seal):

		
	Zhongshan Mingyang Electrical Appliance Co., Ltd.	  	Guangdong Mingyang Wind Power Industry Group Co., Ltd.
		
	 Authorized Representative:
	  	Authorized Representative:
		
		  	Date: December 30, 2009

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