Document:

EX-4.30

Exhibit 4.30

English Translation

LOAN AGREEMENT

(Export Seller’s Credit for General Mechanical & Electrical Products

and High-Tech Products)

Contract No.: (2009) Jin Chu Yin (Jing Xin He) Zi No. 19031

 

 

This Loan Agreement (Contract No.: (2009) Jin Chu Yin (Jing Xin He) Zi No.
19031) (this “Agreement”) is made on April 16, 2009 by and between:

	 	 	 	 	 
	Borrower: Baoding Tianwei Yingli New Energy Resources Co., Ltd. (the “Borrower”)
	Legal Representative:

	 	Qiang Ding

	Address:

	 	3055 Fuxingzhong Road, High-tech Industrial Development Zone Baoding, Heibei

	Post Code:

	 	071051

	Telephone:

	 	0312-8929705

	Bank:

	 	Baoding Tianwei West Road Sub-branch, China Construction Bank Corporation

	Account Number:

	 	13001665608050500212

	 
	 	 	 	 
	Lender: The Export-Import Bank of China (the “Lender”)

	Legal Representative:

	 	Ruogu Li

	Address:

	 	30 Fuxingmennei Street, Xicheng District, Beijing

	Post Code:

	 	100031

	Telephone:

	 	010-64099532

	Facsimile:

	 	010-64099534

WHEREAS:

The Borrower has submitted an application to the Lender for an export seller’s credit facility with
respect to the export of certain high-tech products (the “Products”). After examination, the
Lender agrees to make such loan upon the terms and conditions hereof. The Lender hereby authorizes
Beijing Branch of the Export-Import Bank of China to be responsible for the disbursement
and recovery of, and all matters relating to the management of, the Loan hereunder. All acts made
by Beijing Branch of the Export-Import Bank of China for the purpose of the disbursement,
recovery, supervision and management of the Loan hereunder shall be deemed as the acts of the
Lender.

In order to define the rights and obligations of the Lender and the Borrower, pursuant to the
Contract Law of the People’s Republic of China and the relevant laws and regulations, the parties
hereby agree to enter into this Agreement through consultation.

In this Agreement, with respect to any clause marked with “ ̈”, please tick “Ö” (if selected)
or tick “×” (if not selected).

Chapter 1 Amount, Purpose and Term of the Loan

          Article 1 Subject to the terms and conditions herein, the Lender agrees to grant to the
Borrower an export seller’s credit facility in an aggregate amount not exceeding RMB700
Million (in word: Renminbi Seven Hundred Million Yuan) (the “Loan”).

          Article 2 In accordance with the relevant financial policies of the People’s Bank of China and
the provisions of the Administrative Rules of The Export-Import Bank of China on the Export
Seller’s Credit for High-Tech Products, the Loan hereunder shall be used exclusively for the
financing of the export of the Products by the Borrower. Without the prior written consent of the
Lender, the Borrower shall not change the purpose of the Loan hereunder.

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          Article 3 The term of the Loan hereunder shall be eighteen (18) months, commencing from the
first drawdown date and ending on the final repayment date of the Loan (the “Term”).

Chapter 2 Interest Rate and Interest Calculation and Collection

          Article 4 The interest rate in Renminbi applied to the Loan under this Agreement is determined
in accordance with the interest rate for export seller’s credit facility specified by the People’s
Bank of China, and shall be determined on a quarterly basis. The interest rate for the first
quarter hereunder shall be three point five percent (3.5%) per annum. The annual interest
rate determined for each quarter thereafter upon expiration shall be adjusted based on the interest
rate for the loan of equivalent class specified by the People’s Bank of China.

          Article 5 Interest shall accrue under this Agreement from the actual drawdown date of the
Borrower and be calculated based on the actual drawdown amount and actual number of days elapsed
and a year of 360 days.

          Article 6 If any Loan under this Agreement is unpaid when due and payable, a default interest
at the rate of fifty percent (50%) higher than the interest rate set forth in Article 4 hereof
shall be collected by the Lender from the overdue date thereof.

          Article 7 If any Loan under this Agreement is misappropriated, a default interest at the rate
of one hundred percent (100%) higher than the interest rate set forth in Article 4 hereof shall be
collected by the Lender from the misappropriation date thereof.

          Article 8 The interest on the Loan shall be calculated and collected by the Lender on a
quarterly basis. The Borrower shall open an account with the Lender, and pay the interest to such
account by the 21st of the last month of each quarter. In the event that the Borrower
fails to pay any interest when due, a compound interest shall be calculated and collected by the
Lender on such unpaid interest during the Term at the rate set forth in Article 4 hereof on a
quarterly basis; provided, however that if the Borrower fails to pay any interest
on the overdue or misappropriated Loan, a compound interest shall be calculated and collected on
the default interest rate for the overdue or misappropriated loan.

Chapter 3 Drawdown of the Loan

          Article 9 The Borrower shall utilize the Loan by submitting a drawdown notice in the form of
Exhibit I hereto, the borrowing certificate and the relevant documents and materials required by
the Lender in advance. Upon examination and approval by the Lender, it may make the Loan to the
Borrower.

          The duplicate copies of the foregoing documents should be certified by the authorized
signatory of the Borrower as true, complete and valid by way of signature and affixed with the chop
consistent with the specimen chop of the Borrower.

          Article 10 The Borrower shall further satisfy the following conditions in order to utilize the
Loan: the drawdown period for the first drawdown by the Borrower of the Loan hereunder shall be
three (3) months (commencing from the effective date hereof).

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          1. The Borrower has opened the relevant accounts as required by the Lender;

	 	 	 
	 

	Special provisions:
	 
	 

	 
	 

	 
	 

	 

	(Not Applicable)

          Article 11 If there is no drawdown within the period set forth above, the Lender shall have
the right to cancel the Loan in its entirety hereunder until this Agreement is terminated.

Chapter 4 Representations and Covenants of the Borrower

          Article 12 The Borrower represents to the Lender as follows:

	 	1.	 	It is an enterprise legal person duly established and validly existing in
accordance with law with independent legal person status;
	 
	 	2.	 	It has full qualification and right to enter into and perform its obligations
under this Agreement;
	 
	 	3.	 	It has read seriously and fully understood and accepted the content of this
Agreement, and it has voluntarily agreed to execute and perform this Agreement and all
of its expressions of intent are true;
	 
	 	4.	 	The execution of this Agreement and performance of its obligations hereunder by
the Borrower do not conflict with any other agreement executed by it or its articles of
association;
	 
	 	5.	 	The execution of this Agreement by the Borrower has been authorized by all
necessary corporate action. This Agreement has been duly executed by the Borrower’s
duly authorized legal representative and is binding on it.
	 
	 	6.	 	All documents, materials, statements and certificates provided by it to the
Lender for the Loan hereunder are true, complete, accurate and valid;
	 
	 	7.	 	The Borrower has not disguised any of the following events:

	 	(1)	 	Material violation by the Borrower of any law or regulation by
or related to the Borrower, or any claim being contested against or related to
the Borrower;
	 
	 	(2)	 	Material breach by the Borrower of any contract with any other
creditor;
	 
	 	(3)	 	Material obligation borne by the Borrower or any mortgage or
pledge provided to a third party by the Borrower;
	 
	 	(4)	 	Pending major lawsuit or arbitration procedure related to the
Borrower;

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	 	(5)	 	Division, consolidation, merger, being merged, restructuring,
reorganization or being reorganized to be a joint stock company, or any
disposal of its title by way of leasing, contracting, association or
trusteeship related to the Borrower; and
	 
	 	(6)	 	Any other event which may have a material adverse effect on the
financial status of the Borrower and its debt repayment ability.

	 	8.	 	The Borrower hereby confirms that it is fully aware that Beijing Branch
of the Export-Import Bank of China has been authorized by the Lender to be responsible
for the disbursement and recovery of, and all matters relating to the management of,
the Loan. The Borrower and the Lender shall be bound directly by this Agreement.

          Article 13 The Borrower covenants and warrants to the Lender that it shall complete the
following within the Term:

	 	1.	 	it shall provide the Lender with the latest financial statements on a quarterly
basis, and the audited financial statements of last year by the end of April of each
year; upon demand by the Lender from time to time, it shall provide documents and
materials such as reports and statements in relation to (including, but not limited to)
its operation and financial condition, and shall be responsible for the truthfulness,
accuracy and validity thereof;
	 
	 	2.	 	It shall submit to the Lender materials regarding the use of the Loan hereunder,
export of the Products and other relevant materials on a quarterly basis;
	 
	 	3.	 	It shall accept the credit investigation and supervision by the Lender and
provide full assistance and cooperation;
	 
	 	4.	 	It will open a bank account (the “Designated Account”) designated by the Lender
for the receipt and payment of the funds for the Products, and the funds in such account
shall be used exclusively for such purpose.
	 
	 	5.	 	Prior to the full payment of the principal of and interest on the Loan and other
sums payable hereunder, it shall obtain the Lender’s prior written consent before any
decrease of its registered capital, change in material title, adjustment of its
operation mode, including, but not limited to:

	 	(i)	 	entering into any equity or cooperative joint venture with any
foreign investor or any partner from Hong Kong, Macau or Taiwan;
	 
	 	(ii)	 	close-down, suspension of production, production switch,
division, consolidation, merger or being merged;
	 
	 	(iii)	 	restructuring, reorganization or being reorganized to be a
joint stock company;
	 
	 	(iv)	 	any equity participation or investment in any joint stock
company or limited liability company in the form of fixed assets (such as
buildings, machines and equipment) or intangible assets (such as trademarks,
patents, know-how and land use right);

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	 	(v)	 	any disposal of its title by way of leasing, contracting,
association or trusteeship.

	 	6.	 	It shall obtain the Lender’s consent before providing any debt guarantee,
mortgage, pledge or other form of security which would have an effect on the creditor’s
right to payment of the Lender;
	 
	 	7.	 	It shall handle the relevant settlement procedure hereunder with the bank
designated by the Lender;
	 
	 	8.	 	It shall not distribute any dividend to its shareholders in any form in the
event of any failure to pay any principal of or interest on the Loan or other sum
payable hereunder when due;
	 
	 	9.	 	In the event that any event of default set forth in Chapter 8 of this Agreement
occurs or is likely to occur, it shall immediately notify the Lender within three (3)
days after becoming aware of such occurrence, and take reasonable and timely remedial
actions against such event.

Chapter 5 Participation of Agent

          Article 14 In order to secure the exclusive use and punctual repayment of the Loan hereunder,
the Lender entrusts Industrial and Commercial Bank of China, Baoding Branch to act as its
agent under this Agreement (the “Agent”). The Lender shall enter into an entrustment agreement
(the “Entrustment Agreement”, Agreement No.: (2009) Jin Chu Yin (Jing Xin Dai) Zi
No. 00212)) with the Borrower and the Agent separately.

          The Borrower shall comply with and perform its obligations under this Agreement, and shall
also be bound by the Entrustment Agreement.

          Article 15 The Lender will entrust the Agent with the responsibilities of the disbursement of
the Loan, supervision of the use of the Loan and prompt transfer of the export settlement funds of
the Borrower to the Designated Account for repayment of the Loan to the Lender.

Chapter 6 Repayment of the Loan

          Article 16 The Borrower may repay the principal of the Loan hereunder in one or more
installments in the original currency within the Term set forth herein; provided,
however, that the Borrower shall repay the Loan in its entirety prior to the last bank
business day (inclusive) of the Term.

          The portion of the Loan that has been repaid hereunder may be utilized in a recycling manner.
The Borrower shall submit to the Lender a drawdown notice in the form of Exhibit I hereto and the
relevant documents and materials required by the Lender in advance pursuant to Chapter 3 hereof,
and may utilize the Loan in a recycling manner upon the Lender’s examination and approval. The
Borrower shall repay the recycled Loan in its entirety prior to the last bank business day
(inclusive) of the Term.

          Article 17 The Borrower hereby authorizes the Lender to transfer

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promptly the export settlement funds of the Borrower to the Designated Account for repayment
of the Loan.

          Article 18 The Borrower shall be permitted to utilize the Loan in a recycling matter with a
utilization term not less than three (3) months. If the Borrower makes any prepayment prior to the
expiration of such utilization term, it shall submit an application in writing to the Lender ten
(10) business days in advance and obtain the consent from the Lender. The Lender shall have the
right to require the Borrower to pay a commitment fee for such prepayment. The calculation formula
for the loan commitment fee in Renminbi shall be as follows: Commitment Fee=Amount of
Prepayment×Days of Prepayment×0.05‰. The calculation formula for the loan commitment fee in foreign
exchange shall be as follows: Commitment Fee=Amount of Prepayment×Days of Prepayment×1%/360. In the
event that the Borrower fails to pay the commitment fee promptly as required by the Lender, it
shall pay a penalty in accordance with the relevant formula.

          Article 19 In the event that the Borrower applies for an extension of the Loan, the Borrower
shall submit a written application for such extension and the relevant materials (including, but
not limited to, the written confirmation of the guarantor for the extension of the Loan) at least
thirty (30) business days prior to the maturity date of the Loan. Upon examination and approval by
the Lender, the Borrower shall enter into an extension agreement for the Loan with the Lender
separately.

          Article 20 The Borrower shall complete the relevant sections of the remittance certificate for
repayment as required by the Lender (including, but not limited to, the contract number of this
Agreement).

Chapter 7 Events of Default and Handling

          Article 21 Any of the following events shall constitute an event of default under this
Agreement:

	 	1.	 	The Borrower fails to pay any principal or interest when due and payable
pursuant to provisions of this Agreement;
	 
	 	2.	 	The Borrower fails to use the Loan for the purpose set forth herein;
	 
	 	3.	 	The Borrower fails to draw the Loan as provided herein;
	 
	 	4.	 	The Borrower is in breach of the relevant provisions of the Entrustment
Agreement with respect to the Borrower;
	 
	 	5.	 	Any representation made by the Borrower under this Agreement or any
representation made by the guarantor under the relevant guarantee contract proves to be
incorrect or misleading;
	 
	 	6.	 	The Borrower or the guarantor is in breach of any covenant or warrant made in
this Agreement or the relevant guarantee contract;
	 
	 	7.	 	The Borrower is in material breach of any other contract to which it is a
party;

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	 	8.	 	The operation or financial status of the Borrower or the guarantor materially
deteriorates;
	 
	 	9.	 	Any collateral relating to the Loan hereunder depreciates or is destroyed or
lost;
	 
	 	10.	 	No repayment arrangement or debt restructuring satisfactory to the Lender has
been made in case of any merger, division or joint stock system reform of the Borrower
or the guarantor;
	 
	 	11.	 	The Borrower or the guarantor is or becomes bankrupt, dissolved, closed down or
cancelled;
	 
	 	12.	 	The Borrower fails to notify the Lender of the following events promptly:

	 	(i)	 	any material change in the export of its Products or failure to
realize its Products export plan in whole or in part;
	 
	 	(ii)	 	any amendment to its articles of association or any substantial
change in its business activities;
	 
	 	(iii)	 	any material amendment to its accounting principles;
	 
	 	(iv)	 	any material change in the financial, economic or other status
of it or any of its subsidiaries or its parent (including any litigation,
arbitration or administrative proceeding involving the Borrower which may have
a material adverse affect on its financial status or its ability to perform its
obligations in accordance with this Agreement).

	 	13.	 	The Borrower is breach of any other provision of this Agreement.

          Article 22 The Lender shall determine whether or not an event of default described above has
occurred and notify the Borrower thereof. Upon the occurrence of any event of default set forth
above, the Lender shall be entitled to take one or more of the following actions:

	 	(i)	 	request the Borrower to cure such breach within a set period of time;
	 
	 	(ii)	 	cancel the amount of the Loan unutilized by the Borrower;
	 
	 	(iii)	 	declare all outstanding Loan to be immediately due and require the Borrower to
immediately repay all outstanding principal of and interest on the Loan and other sums
payable;
	 
	 	(iv)	 	require the Borrower to procure additional or replacement guarantee(s) or
collateral;
	 
	 	(v)	 	deduct directly any amount not paid by the Borrower when due hereunder
(including, but not limited to, the principal of and interest on the Loan) from any
account in any currency maintained by the Borrower with any branch in or out of China
of the Agent or any other bank; or

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	 	(vi)	 	declare to exercise or realize any right under the relevant guarantee relating
to the Loan.

Chapter 8 Amendment to Agreement

          Article 23 Any amendment or supplement to any provision of this Agreement shall be made in
writing, and come into effect upon the joint execution and affixation of company chops by each of
the Borrower and the Lender subject to the terms and conditions hereof. Any amendment or
supplement to this Agreement shall constitute an integral part of this Agreement.

          Article 24 If any provision of this Agreement becomes invalid as a result of any change in any
State law or regulation or any jurisdictional reason, the validity of the remaining provisions of
this Agreement shall not be affected. The parties shall cooperate with each other closely to
modify the relevant provision of this Agreement as soon as possible.

Chapter 9 Set-off, Assignment and Waiver

          Article 25 The Borrower shall pay the sum payable by it in full without any set-off or
counterclaim pursuant to the provisions hereof.

          Article 26 The Borrower may not assign any of its rights or obligations under this Agreement
to any third party without the prior written consent of the Lender.

          Article 27 Any tolerance, extension, privilege or delay granted by the Lender to the Borrower
in connection with the performance of the obligations hereunder shall not affect, jeopardize or
restrict any right and interest of the Lender in accordance with this Agreement, laws and
regulations, and it shall neither be deemed as a waiver by the Lender of its rights and interests
hereunder nor affect the performance by the Borrower of any of its obligations hereunder.

Chapter 10 Governing Law and Dispute Resolution

          Article 28 This Agreement shall be governed by, and construed in accordance with, the laws of
the People’s Republic of China.

          Article 29 Any dispute or controversy arising out of the performance of this Agreement or in
connection with this Agreement shall be resolved by the parties through consultation. If no
settlement can be reached through such consultation, either party shall have the right to bring an
action before a People’s Court of competent jurisdiction in Beijing in accordance with law. The
parties hereby agree that any action arising out of or in connection with this Agreement shall be
brought in the People’s Court of Beijing of competent jurisdiction.

Chapter 11 Miscellaneous

          Article 30 The drawdown notice in the form of Exhibit I hereto and other exhibits as jointly
confirmed by the parties shall constitute an integral part of this Agreement with the same legal
validity as this Agreement.

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          Article 31 Where the context admits, any party referred hereunder shall include their
respective successors and permitted assigns.

          Article 32 Special provisions:

The parties agree that, in addition to the interest on the Loan, a management
fee representing 1.5% of the Loan amount shall be charged to the Borrower for this
Loan, and collected quarterly together with the interest on the Loan.

          Article 33   This Agreement shall come into effect upon execution by the parties and
affixation of company chops, and shall automatically become null and void upon repayment of all the
principal of and interest on the Loan and other sums payable hereunder.

     Article 34 This Agreement is made in two originals and two counterparts; the Lender
and the Borrower each shall keep one original, and the Lender and the Agent each shall keep one
counterpart.

(END OF TEXT)

Borrower: Baoding Tianwei Yingli New Energy Resources Co., Ltd. (Company Chop)

/s/ Zongwei Li

Legal Representative (Signature)

(or Authorized Representative)

Lender: The Export-Import Bank of China (Company Chop)

/s/ Jianhua Xu

Legal Representative (Signature)

(or Authorized Representative)

	 	 	 
	Date of Execution:

	 	April 16, 2009
	Place of Execution:

	 	77 Beiheyan Street, Tongcheng District, Beijing

9EX-4.32

EXHIBIT 4.32

English Translation

No.: Dai Zi 5100603

FIXED ASSETS LOAN CONTRACT

Important Note

To the Borrower: please read the full text of this Contract carefully, especially the terms marked with **.

If you have any questions, please promptly request the Lender to provide an explanation.

Borrower: Yingli Energy (China) Company Limited (the “Borrower”)

Legal Representative (Responsible Person): Liansheng Miao          

Legal Address: 3399 Chaoyang North Road, Baoding, Heibei          

Mailing Address: 3399 Chaoyang North Road, Baoding, Hebei          

Lender: Bank of Communications Co., Ltd., Hebei Branch     (the “Lender”)

Responsible Person: Chunjie Wu                                        

Mailing Address: 22 Ziqiang Road, Shijiazhuang                                        

WHEREAS:

The Borrower has submitted an application to the Lender for a fixed asset loan facility. In order
to define the rights and obligations of the parties, the Borrower and the Lender hereby agree to
enter into this contract (this “Contract”) through consultation.

			
	Article 1	 	Loan Facility

	1.1	 	Currency: Renminbi                    
	 
	1.2	 	Amount (in word): Five Hundred Million Yuan                    
	 
	1.3	 	The loan hereunder shall only be used to fund the construction of the 300 MW
monocrystalline project.
	 
	1.4	 	Loan Term: From June 10, 2010 to June 10, 2015.

			
	Article 2	 	Interest Rate and Interest Calculation and Collection

	2.1	 	If the loan is made in RMB, the floating interest rate of RMB shall apply. The specific
agreement on the interest rate is as follows:
	 
	2.1.1	 	The contract interest rate shall be the

	 	 	 	 ̈Ö benchmark interest rate  ̈  /  above the benchmark interest rate
 ̈  /  below the benchmark interest rate
	 
	 	 	 	 ̈ upon effectiveness of this Contract  ̈v on the first disbursement date (Time).

	2.1.2	 	In the event of any adjustment in the benchmark interest rate by the People’s Republic of
China during the term of this Contract, the interest rate adjustment date of this Contract
shall be determined in accordance with item (i) set forth below. From the adjustment date of
the contract interest rate, the adjusted interest rate of the relevant interest rate category
as of such adjustment date shall apply with no change in the upward (downward) adjustment.
	 
	 	 	(i) The contract interest rate adjustment date shall be the date on which the People’s Bank of
China has adjusted the interest rate.

	2.1.3	 	If the benchmark interest rate has been changed to a floating interest rate or cancelled, as
adjusted by the People’s Republic of China, the parties shall separately negotiate and adjust
the loan interest rate of this Contract,

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	 	 	provided that the adjusted interest rate shall not be lower than the currently applicable
interest rate. If the parties have not agreed on the adjusted interest for more than 3 months
from the adjustment date of the People’s Bank of China, the Lender shall have the right to
declare the loan hereunder to be due and payable in whole prior to the maturity date.

	2.2	 	If the loan is made in foreign currency, the agreement on the interest rate is as follows:

 /  (Foreign Currency)          Interest Rate shall be  ̈  / .
	 
	2.3	 	Daily Interest Rate = Monthly Interest Rate/30;

     Monthly Interest Rate= Annual Interest Rate/12
	 
	2.4	 	Interest Calculation
	 
	2.4.1	 	Normal Interest = Interest Rate set forth herein X Amount Disbursed X number of days of
borrowing. The number of days of borrowing shall be calculated from the disbursement date to
the maturity date.

	2.4.2	 	The default interest for any overdue or misappropriated loan shall be calculated based on
the amount and actual number of days for which the loan has been overdue or misappropriated.
If the loan is RMB denominated, the default interest rate shall be 50% and 100% above the
interest rate set forth herein for the overdue loan and misappropriated loan respectively. In
the event of any adjustment in the benchmark interest rate by the People’s Bank of China after
the loan with floating interest rate has become overdue or misappropriated, the Lender shall
have the right to adjust the default interest rate hereunder, and the new default interest
rate shall apply from the date on which the People’s Bank of China has adjusted the interest
rate. If the loan is foreign currency denominated, the default interest rate shall be
          /           above the interest rate set forth herein;  / .

	2.5	 	The interest on the loan hereunder shall be settled in accordance with item (i) set
forth below, and upon maturity of the loan, shall be paid in full together with the principal.
The interest settlement date shall be the interest payment date:
	 
	 	 	(i)  The interest shall be settled on the 20th of the last month of each quarter;
	 
	2.6	 	Other agreements with respect to the interest rate
          /          .

			
	Article 3	 	Disbursement and Repayment of the Loan

	**3.1	 	The loan hereunder may be drawn in
installments, provided that the total amount
of all drawdowns by the Borrower shall not
exceed the amount set forth in Article 1. In
the event of any drawdown by the Borrower in
any other currency (other than the currency
set forth in Article 1.1) pursuant to Article
9 hereof, for the sole purpose of determining
the remaining amount that can be drawn down,
the exchange rate published by the Bank of
Communications for each day shall be used for
conversion. If there is no exchange rate
directly available, the exchange rate
reasonably determined by the Bank of
Communications shall be used for conversion.
	 
	3.2	 	With respect to the first drawdown made by the Borrower, prior to the satisfaction of all
conditions set forth below, the Lender shall have the right to refuse the disbursement:
	 
	 	 	(i) The Borrower has handled the procedures required by law and other procedures required by
the Lender with respect to the loan project and the borrowing matters, such as government
licenses, approvals, verifications, filings and registrations, and such license, approval,
verification, filing and registration procedures remain effective;
	 
	 	 	(ii) The security contract under this Contract (if any) has become and remains effective, and
if such security contract is a mortgage contract and/or pledge contract, the security interest
has been created and remains effective;
	 
	 	 	(iii) The Borrower has opened special loan disbursement account, repayment reserve account and
project

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	 	 	revenue account (if any) with the Lender as required by the Lender;
	 
	 	 	(iv) There has been no material adverse effect on the operation and financial condition of the
Borrower;
	 
	 	 	(v) The Borrower has provided the relevant documentation acceptable to the Lender proving that
the equity capital in the same proportion to the loan has been in place in full and the actual
progress of the project has matched the amount invested;
	 
	 	 	(vi) The payment method of the loan is in compliance with this Contract, in the case of
entrusted payment by the Lender, the Lender has agreed to make such payment;
	 
	 	 	(vii) In the event of any drawdown of loan in foreign currency, the Borrower has provided the
documentation proving that the loan has been in compliance with the relevant foreign exchange
administration policies, including, but not limited to, effective foreign exchange utilization
certificates or registration documents;
	 
	 	 	(viii) The first drawdown date shall be no later than May 27, 2011;
	 
	 	 	(ix) The Lender believes that the there has been no adverse change in the main economic and
technical parameters of the loan project and the loan project is progressing normally;
	 
	 	 	(x) No “Acceleration Event” hereunder has occurred.

	3.3	 	With respect to each subsequent drawdown made by the Borrower, prior to the satisfaction of
all conditions set forth below, the Lender shall have the right to refuse the disbursement:

	 	 	(i) The matters and documents set forth in Article 3.2 (i), (ii) and (vii) remain effective;
	 
	 	 	(ii) The Borrower has provided the relevant documentation acceptable to the Lender proving that
the equity capital in the same proportion to the loan has been in place in full and the actual
progress of the project has matched the amount invested;
	 
	 	 	(iii) The payment method of the loan is in compliance with this Contract, in the case of
entrusted payment by the Lender, the Lender has agreed to make such payment;
	 
	 	 	(iv) There has been no material adverse effect on the operation and financial condition of the
Borrower;
	 
	 	 	(v) The drawdown date shall be no later than           /          ;
	 
	 	 	(vi) The Lender believes that there has been no adverse change in the main economic and
technical parameters of the loan project and the loan project is progressing normally;
	 
	 	 	(vii) No “Acceleration Event” hereunder has occurred;
	 
	 	 	(viii) Other:

	 	 	All utilizations and settlements in connection with the 300 MW monocrystalline project
shall be handled through the account opened by the Borrower with the Lender.
	 
	3.4	 	The Borrower has designated the account set forth below as the disbursement account, which is
 ̈X is not  ̈Ö the special loan disbursement account opened by the Borrower with the
Lender.
	 
	 	 	Account Name: Yingli Energy (China) Company Limited

Account Number: 131080270018010008870                         

Bank: Bank of Communications Co., Ltd., Hebei Branch, Beianjie Subranch
	 
	 	 	If a special loan disbursement account has been opened, the disbursement and payment of the loan shall be

3

 

	 	 	handled through such account. Such account shall only be used for the disbursement and outward
payment of the loan (for which only “Settlement Business Notice” certificate will be issued),
nor shall it be used to handle check, draft, bank acceptance draft businesses or any other
settlement. In the event of any transfer of loan fund handled by the Borrower on its own, it
must handle it at the counter of the office at which it opened the account. The interest on the
deposit in such account shall be included in the loan repayment settlement account.
	 
	3.5	 	Prior to each drawdown, the Borrower shall handle the relevant drawdown procedure at least
 5  bank business days in advance, and indicate the payment method (entrusted payment
by the Lender or direct payment by the Borrower). For each drawdown, only one payment method
may be used.
	 
	 	 	Entrusted payment by the Lender shall be used for any single payment of loan fund exceeding RMB
5 Million (the lowest of 5% of the total amount of investment in the project, RMB 5
Million or any other amount as required by the Lender). Direct payment by the Borrower shall be
used for any payment of loan fund not exceeding the foregoing threshold.
	 
	3.6	 	Entrusted payment shall mean the direct payment of the loan fund by the Lender pursuant to
the Borrower’s entrusted payment authorization letter through the Borrower’s account to the
Borrower’s counterpart in compliance with the purpose set forth herein upon disbursement of
loan hereunder.
	 
	 	 	In the event of any entrusted payment by the Lender, the Borrower shall submit to the Lender
the drawdown request, entrusted payment authorization letter in the form prescribed by the
Lender, borrowing certificate, the relevant settlement business application letter/check/credit
certificate and other information required by the Lender, indicating the loan drawdown amount
as well as the recipient and amount of the payment. The loan drawdown amount shall be the same
as the amount to be paid.
	 
	 	 	The Lender shall have the right to request the Borrower, independent intermediaries and
contractors to jointly inspect the equipment construction or engineering construction progress,
and shall make loan disbursements based on a joint verification certificate issued and
indicating that the conditions set forth herein have been satisfied. The relevant conditions
are as follows:
                    /          .
	 
	 	 	If any payment proposed by the Borrower is not in compliance with this Contract, the Lender
shall have the right to reject such payment and return the entrustment payment authorization
letter submitted by the Borrower.
	 
	 	 	If the Lender has agreed to make the payment, in the event of any failure to make the outward
payment or any return of payment due to any false information provided by the Borrower, the
Borrower shall resubmit the relevant certificates and materials with correct information within
a period of time prescribed by the Lender.
	 
	3.7	 	Direct payment by the Borrower shall mean the direct payment of the loan fund by the Borrower
to its counterpart in compliance with the purpose set forth herein upon disbursement of loan
by the Lender to the Borrower’s account pursuant to this Contract.
	 
	 	 	In the event of any direct payment by the Borrower, the Borrower shall submit to the Lender the
drawdown request, borrowing certificate, explanation of the fund utilization and other
information required by the Lender. The Borrower shall summarize and report the loan fund
payment information by                      (Date). The Lender shall have the right to check whether the
loan disbursed has been used for the purpose set forth herein by way of account analysis,
certificate verification and site investigation, etc, and the Borrower shall cooperate with
such check.
	 
	3.8	 	The actual disbursement date and disbursed amount shall be subject to the borrowing certificate.

			
	Article 4	 	Repayment of the Loan

	4.1	 	The fund sources for loan repayment shall include but not limited to, the sales revenue
generated from the loan project, subsidies, depreciation and other revenues of the Borrower.
In no event shall the agreement on the fund sources for loan repayment set forth herein have
any effect on the obligation of the Borrower to repay the principal of and interest on the
loan pursuant to this Contract.

4

 

	4.2	 	The Borrower shall repay the principal of and interest on the loan on the maturity date set
forth in Article 1.4 hereof and based on the following provision. In the event of any
inconsistency between the maturity date set forth in the borrowing certificate and that set
forth herein, the borrowing certificate shall prevail:

	 	 	 	 	 	 	 
	Time of Repayment	 	Currency	 	Amount of Repayment	 	 
	 
	December 10, 2011

	 	RMB
	 	Seventy Million
	 	(in word)
	December 10, 2012

	 	RMB
	 	One Hundred and Forty Million
	 	(in word)
	December 10, 2013

	 	RMB
	 	One Hundred and Seventy Million
	 	(in word)
	December 10, 2014

	 	RMB
	 	One Hundred and Twenty Million
	 	(in word)

	 	 	 
	 
	 	 	 
	 
	**4.3	 	Without the written consent of the Lender, the Borrower shall not make any prepayment for
the loan.
	 
	4.4	 	If a special loan disbursement account has been opened, the Borrower hereby designates the
following account as the repayment settlement account for handling the settlement of the loan
repayment and transfer expenses of the loan funds.
	 
	 	 	Account Name:          Yingli Energy (China) Company Limited

Account Number: 131080270018010008815

Bank: Bank of Communications Co., Ltd., Hebei Branch, Beianjie Subranch
	 
	4.5	 	The Borrower has  ̈X has not  ̈Ö opened a special repayment reserve account with the Lender.

	 	 	 	Account Name:               /          .

Account Number:          /          .

Bank:          /          .

	4.6	 	The Borrower has  ̈Ö has not  ̈X opened a special project revenue account with the
Lender. Prior to repayment of principal of and interest on the loan in whole, all project
revenue shall be deposited into such account, and all settlement business relating to the
project shall be handled at the Bank of Communications.
	 
	 	 	Account Name:     Yingli Energy (China) Company Limited

Account Number: 131080270018010012254

Bank: Bank of Communications Co., Ltd., Hebei Branch, Beianjie Subranch

The terms and conditions for any outward payment from such account shall be as follows:

The Borrower must obtain the Lender’s consent to any outward payment from such account for
salaries, taxes and any other amounts as required by laws and regulations.

			
	** Article 5	 	Representations and Warranties of the Borrower

	5.1	 	The Borrower is an entity duly established and validly existing under law, has all necessary
power and capacity to perform the obligations under this Contract in its own name and bear
civil liability, and has met the investment entity qualification and operation qualification
requirements for the loan project.
	 
	5.2	 	Execution and performance of this Contract is a true expression of intent of the Borrower and
has all required consent, approval and authorization without any legal defect.
	 
	5.3	 	All documents, statements, materials (including the transaction materials of its counterpart)
and information provided by the Borrower to the Lender in the course of loan application and
execution and performance of this Contract are true, accurate, complete and valid. No
information has been omitted or concealed that could have an effect on the assessment by the
Lender of the Borrower’s financial condition, repayment capability and the project situation.
	 
	5.4	 	The loan project is in compliance with the State’s industry, land and environmental
protection policies, and has gone through the legal administration procedures for fixed assets
investment project as required.

5

 

	5.5	 	Upon execution of this Contract, the Borrower is not a shareholder or the “actual controlling
person” (within the meaning of the Company Law) of the guarantor, nor does it intend to become
a shareholder or actual controlling person of the guarantor.

			
	Article 6	 	Rights of the Lender

	6.1	 	The Lender shall have the right to, in accordance with this Contract, recover the principal
of and interest on the loan (including compound interest, default interest on overdue and
misappropriated loan), collect the sums payable by the Borrower, and exercise other rights
required by law or under this Contract.
	 
	6.2	 	The Lender shall have the right to manage and control the payment of the loan funds in
accordance with the relevant regulatory provisions and this Contract, and monitor the relevant
accounts in accordance with this Contract.

			
	Article 7	 	Obligations of the Borrower

	7.1	 	The Borrower shall repay the principal of and interest on the loan hereunder in accordance
with the time, amount and currency for loan drawdown as provided herein.
	 
	7.2	 	The Borrower shall use the loan for the purpose set forth herein, and shall not
misappropriate the loan hereunder for any other purpose. The Borrower shall utilize the loan
funds as provided herein, and shall not divide it into smaller pieces in order to avoid
entrusted payment by the Lender; and in the case of direct payment by the Borrower, no single
payment of loan fund shall exceed the threshold set forth herein.
	 
	**7.3	 	The Borrower shall bear the costs and expenses hereunder, including but not limited to
notarization fees, appraisal fees, evaluation fees and registration fees.
	 
	 	 	The Borrower shall bear the settlement expenses related to the payment of the loan funds
(including entrusted payment by the Lender and direct payment by the Borrower itself) and shall
timely and fully pay applicable expenses in accordance with the scope, rate and time prescribed
by the Lender.
	 
	 	 	Where a special loan disbursement account is opened, payment of loan funds (including entrusted
payment by the Lender and direct payment by the Borrower itself) will be processed through the
payment system of the People’s Bank of China if the relevant payee account is not maintained
with the Bank of Communications.
	 
	 	 	If the loan disbursement account is not a special loan disbursement account, payment of loan
funds (including entrusted payment by the Lender and direct payment by the Borrower itself)
will be processed through the payment system of the People’s Bank of China if the relevant
payee account is maintained with a different bank in a different city.
	 
	**7.4	 	The Borrower shall comply with the loan business processing-related business rules and
operating practices of the Lender and shall, among others, cooperate with the supervision and
control by the Lender respecting the loan use and operating conditions of the Borrower, timely
provide all such financial statements and other materials and information as required by the
Lender and ensure the truthfulness, completeness and accuracy of such documents, material and
information.
	 
	**7.5	 	In the event of any of the following, the Borrower shall give the Lender a no less than 30
days written notice, and shall not proceed with any such action before full settlement of the
entirety of the loan principal and interest hereunder or receipt by the Lender of such
repayment schedule and securities as are acceptable to the Lender:

     (i) sale, gifting, lease, lending, transfer, mortgage, pledge or other disposal of all or
a substantial part of the assets or material assets of the Borrower; or

     (ii) any actual or potential material change in the operating system or the ownership
structure or form of the Borrower, including without limitation the implementation of any
contracting, leasing, joint operation with a third party, restructuring into the form of a
company, restructuring into the form of a joint stock company, sale or consolidation (merger),
equity or cooperative joint venture, spin-off, creation of a subsidiary, equity transfer,

6

 

ownership assignment, or capital reduction.

     (iii) (Omitted. N/A)

	**7.6	 	The Borrower shall notify the Lender in writing within 7 days of the occurrence or likely
occurrence of any of the following:

     (i) amendment of its articles of association; change of its corporate name, legal
representative (responsible person), domicile, postal address, scope of business or other
matters registered with the industry and commerce administration; or the taking of any decision
having a material effect on its finances or human resources;

     (ii) proposed voluntary filing of bankruptcy of the Borrower or its guarantor, or likely
or actual involuntary filing (by creditors) of bankruptcy of the Borrower or its guarantor;

     (iii) any involvement in any material suit, arbitration or administrative measure, or, the
taking of any conservatory measure or other enforcement measures in respect of the principal
assets of the Borrower, or assets of the project financed by the loan, or any security(ies)
under this Contract;

     (iv) provision of a security to a third party, which results in a material adverse effect
on its economic or financial conditions or its ability to perform its obligations hereunder;

     (v) entry into any contract having a material effect on its operations and financial
conditions;

     (vi) the Borrower or its guarantor becoming the subject of any cessation of production,
closing-down, dissolution, cessation of operations for rectification, deregistration, or any
revocation of business license;

     (vii) involvement of the Borrower or its legal representative (responsible person) or key
executives in any breach of law or regulation or any applicable rules of any exchange;

     (viii) occurrence of serious difficulties in its business operations, or deterioration of
its financial conditions, or occurrence any other event having an adverse effect on the
operations, financial condition, repayment ability or economic condition of the Borrower;

     (ix) any related party transaction of an amount equal to or greater than 10% of the last
audited net assets;

     (x) the Borrower becomes or is likely to become the shareholder or the “actual controlling
person” (within the meaning of the Company Law) of the guarantor, before full settlement of all
indebtedness hereunder;

     (xi) occurrence of any of the following to the project financed by the loan during the
course of its construction: progress falling behind schedule and suffering delay; quality
problems; or the exceeding of the total investment amount;

     (xii) occurrence of any of the following to the project financed by the loan during the
course of its operation : operations failing to meet expected performance targets; operating
cashflow from the project failing to meet the requirements set out in the appraisal report;
abnormality in the production, operation or sales of the project; or

     (xiii) adverse changes in the key economic and technological indicators of the project
financed by the loan.

	**7.7	 	If the security provided hereunder suffers any change adverse to the claims of the Lender,
the Borrower shall timely provide at the request of the Lender other security(ies) acceptable
to the Lender.
	 
	 	 	For the purpose hereof, the term “change” includes without limitation: any consolidation,
spin-off, cessation of production, closing-down, cessation of operations for rectification , or
deregistration of the guarantor, or any revocation of business license or any voluntary or
involuntary filing of bankruptcy of the guarantor; any material change in the operating or
financial conditions of the guarantor; involvement of the guarantor in any material suit,

7

 

	 	 	arbitration or administrative measure, or, the taking of any conservatory measure or other
enforcement measures in respect of its principal assets; diminution or likely diminution in
value of, or imposition of conservatory measures on, the security(ies) hereunder; involvement
of the guarantor or its legal representative (responsible person) or key executives in any
breach of law or regulation or any applicable rules of any exchange; the missing or death
(declared death) of the guarantor (where the guarantor is an individual); breach of the
security contract by the guarantor; occurrence of a dispute between the guarantor and the
Borrower; the request by the guarantor of terminating the security contract; the
ineffectiveness, voidance or revocation of the security contract; failure to create, or
invalidity of, the security interest; other events affecting the safety of the claims of the
Lender.
	 
	7.8	 	The Borrower warrants that from the date hereof till full settlement of the entirety of the
loan principal and interest and relevant expenses hereunder, its financial indicators shall
remain bound by the following:

     (i) (crossed-out;N/A)

     (ii) (crossed-out;N/A)

     (iii) (crossed-out;N/A).

	7.9	 	Before full settlement of the entirety of the loan principal and interest, the Borrower
warrants that the project financed by the loan shall always satisfy the following:

     (i) The progress of the project will not fall behind the progress of fund utilization;

     (ii) Other funds arranged for the construction project will be timely and fully put in
place and will be utilized in the same proportion as the loan funds;

     (iii) The environmental protection facilities of the project will be simultaneously
designed, constructed and put into production with the main body works of the project;

     (iv) The project complies with all relevant energy saving and emission reduction
requirements of the state;

     (v) Upon its completion, the project will timely pass the completion environmental
appraisal review of the project.

			
	Article 8	 	Insurance

	8.1	 	The Borrower shall in accordance with the request of the Lender take out commercial insurance
for the fixed assets of the project and shall name the Lender as a first order insurance
proceeds claimant in such commercial insurance. Upon completion of the insurance procedures,
the Borrower shall deliver the original policy to the Lender for custody.
	 
	8.2	 	During the term of this Contract the Borrower shall timely pay all insurance premiums and
shall fulfill other obligations necessary for the continuing existence of such insurance.
	 
	8.3	 	If the Borrower fails to take out or renew such insurance, the Lender shall be entitled to
take out or renew the same on its own and pay the premium or take other insurance maintenance
measures in lieu of the Borrower, provided that the Borrower shall provide necessary
assistance and shall assume the insurance costs and relevant expenses incurred by the Lender
in connection therewith.

			
	Article 9	 	Other Agreements

	 	 	The Borrower warrants that:

     (i) all settlement operations related to the project shall be handled through the Bank of
Communications;

     (ii) upon completion of the project, the assets of the project will be mortgaged to the
Lender; and

     (iii) the accounts covered by Article 4.6 hereof shall also include (without limitation)
US/Euro accounts; the conditions for external payment from such foreign currency accounts shall
be determined in accordance with the same external payment conditions applicable to the account
set out in Article 4.6.

8

 

			
	**Article 10	 	Loan Acceleration

	10.1	 	Any of the following will be deemed an “Acceleration Event”:

     (i) The representations and warranties of the Borrower set out in Article 5 are untrue;

     (ii) Any of the notifiable events set out in Article 7.6 has actually occurred, which, in
the opinion of the Lender, will affect the safety of its claims;

     (iii) the Borrower breaches the provisions of this Contract;

     (iv) The Borrower is in breach with respect to the performance of another contract entered
into with the Lender or any contract entered into with a third party, or its debts under such
contract are likely to be declared or have been declared accelerated.

	10.2	 	In the event of any “Acceleration Event”, the Lender shall be entitled to take any, or more
than one, or all of the following actions:

     (i) to cease the disbursement of any loan not yet drawn-down by the Borrower;

     (ii) to cease the payment of any loan already drawn-down but not yet utilized by the
Borrower;

     (iii) to demand the Borrower to discuss with the Lender within the set time additional
conditions for loan disbursement and payment;

     (iv) to demand the Borrower to change the payment modality as required by the Lender and
open a special loan disbursement account; and

     (v) to unilaterally declare all loan principal disbursed under the Contract accelerated
and demand the Borrower to immediately repay all matured loan principal together with accrued
interest.

			
	**Article 11	 	Breach of Contract

	11.1	 	If the Borrower fails to timely and fully repay any the principal or interest of the loan or
to utilize the loan in accordance with the purpose set out herein, the Lender shall charge
interest at the default interest rate applicable to the defaulted loan or at the default
interest rate applicable to the misappropriated loan, and all due but unpaid interest will
accrue on a compound basis.
	 
	11.2	 	If the Borrower fails to timely and fully repay the principal or interest of the loan, the
Borrower shall assume the costs for repayment request(s), litigation costs (or arbitration
costs), expenses for conservatory measures, expenses for public announcements, expenses for
enforcement, attorney’s fee, travel and accommodation costs and other costs and expenses
incurred by the Lender for the purpose of realizing its claims.
	 
	11.3	 	If the Borrower evades the supervision of the Lender, or defaults on the repayment of loan
principal and interest, or avoids or disowns debts in bad faith or is otherwise guilty of
similar actions, the Lender shall be entitled to report such actions of the Borrower to
relevant authorities and publish the same in the news media.

			
	** Article 12	 	Provisions on Fund Deduction and Transfer

	12.1	 	The Borrower hereby authorizes the Lender to deduct and transfer from any account opened by
the Borrower with the Bank of Communications funds equal to any due and payable loan principal
or interest or any default interest, compound interest or other expense in connection
therewith.
	 
	12.2	 	Upon such deduction and transfer, the Lender shall notify the Borrower of the account
number(s), the loan contract number(s) and the Borrowing Certificate number(s) related to such
deduction or transfer, the amount deducted or transferred as well as the balance of the
relevant debt.
	 
	12.3	 	If the amount deducted or transferred is not sufficient to settle all of the debt of the
Borrower, such amount shall first be applied towards the payment of due but unpaid expenses.
Afterwards, the remaining amount after such expense payment shall: (a) first be applied
towards the payment of due but unpaid interest , default interest, or compound interest, and
then towards the payment of due but unpaid principal, if the principal and interest has been
defaulted for less than 90 days; or (b) first be applied towards the payment of due but unpaid
principal, and then towards the payment of due but unpaid interest, default interest, or
compound interest, if the principal and

9

 

	 	 	interest has been defaulted for 90 days or above.
	 
	12.4	 	If the amount deducted or transferred is denominated in a different currency from that of the
debt subject to such set-off, it shall be converted into an amount denominated in the currency
of such debt at the exchange rate published by the Bank of Communications at the time of such
deduction or transfer.

			
	Article 13	 	Notice

	13.1	 	The contact details provided by the Borrower herein (including the postal address, the phone
number, the fax number, etc.) are true and valid. The Borrower will immediately notify the
Lender in writing of any change of any such contact detail by mailing or sending the changed
information to the postal address of the Lender set out herein. Such change to such
information will become effective only upon actual receipt by the Lender of such change notice
and revision by the Lender of relevant records.
	 
	13.2	 	Unless otherwise expressly stated herein, the Lender shall be entitled to give any of its
notices to the Borrower in any of the following manners. The Lender shall have the right to
select any means of notification as it deems fit and shall in no event be held liable in
whatsoever manner for any transmission error, omission or delay with the postal service, fax,
telephone or any other communication system. Where the Lender uses at the same time more than
one means of notification, the Borrower shall be deemed to have been notified by the means of
communication through which the notice first reaches the Borrower. A notice will be deemed to
have been given to the Borrower at the following times:

     (i) if delivered by means of an announcement, on the date the Lender publishes the
announcement on its website, or its online bank facility or its telephone bank facility, or at
its business offices;

     (ii) if delivered in person, on the date the Borrower affixes its signature in
acknowledgement of receipt;

     (iii) if delivered by post (including express mail service, ordinary mail and registered
mail) to the postal address of the Borrower last known by the Lender, on the 3rd day
(intracity) or 5th day (intercity) after the mailing date (regardless of the possible return of
the mail);

     (iv) if delivered by fax or other means of electronic communication to the fax number or
electronic communication address of the Borrower last known by the Lender, on the date of the
transmission.

			
	Article 14	 	Information Disclosure and Confidentiality

	14.1	 	The Lender shall maintain in confidence the business secrets and other information and
materials of the Borrower marked in writing as confidential, provided that the Lender may
disclose the same if:

     (i) such disclosure is required by applicable laws, regulations or listing rules;

     (ii) such disclosure is required by a judicial authority or a governmental authority;

     (iii) such disclosure is being made to outside professional advisors of the Lender; or

     (iv) such disclosure has been agreed or authorized by the Borrower.

	14.2	 	The Borrower agrees that the Bank of Communications may use or disclose, in the circumstances
set forth below, any and all information and materials related to the Borrower (including
without limitation the basic information, loan transaction information and other relevant
information and materials of the Borrower) and the Borrower will assume all consequences
arising therefrom:

     (i) the Lender discloses such information and materials to, or, permit such information
and materials to be used by, business outsourcing service organizations, third-party service
providers, other financial institutions or other entities or individuals deemed necessary by
the Lender (including without limitation other branches, or fully or partially-owned
subsidiaries of the Bank of Communications) for the purposes of: (i) the carrying-out of the
loan business or matters related to the loan business, including the promotion of the loan
business of the Bank of Communications, the collection of defaulted sums from the Borrower,
assignment of loan claims, etc., (ii) provision or possible provision of new products or
services to the Borrower or further provision of services to

10

 

the Borrower, and (iii) improved maintenance, management and enhancement of customer
relationship;

     (ii) the Lender submits such information and materials to the Credit Reference Center of
the People’s Bank of China or other credit reference entity or credit information database that
may be established upon approval of the People’s Bank of China;

     (iii) the Lender uses, or allows a third party to use (on a confidential basis), such
information or materials for the purpose of business operations, management, statistics
gathering, analysis and risk control.

			
	Article 15	 	Dispute Resolution

     This Contract is governed by the laws of the People’s Republic of China. Any dispute arising
hereunder shall be submitted to adjudication by the competent court of the place of the Lender.
While in dispute, the parties shall continue to perform all provisions not affected by their
dispute.

			
	Article 16	 	Miscellaneous

	**16.1 	 	The Borrower agrees that the Lender may search and retain its
credit information in connection with the loan application
and post-lending management processes.
	 
	16.2	 	The drawdown request form hereunder, and any drawdown request, entrusted payment
authorization letter or borrowing certificate executed by the parties, and relevant documents
and materials mutually confirmed by the parties are all an integral part of this Contract.
	 
	16.3	 	This Contract shall become effective once it has been executed (or affixed with the personal
seal) and affixed with the corporate seals by the legal representative (responsible person) or
authorized representative of the Borrower and the responsible person or authorized
representative of the Lender, respectively.
	 
	16.4	 	This Contract shall be made in 3 copies. The two parties and the guarantor (if any) shall each
hold one copy.

	 	 	 	The Borrower has thoroughly read the foregoing provisions and the Lender has at the
request of the Borrower provided relevant clarifications. The Borrower has no
objection to the content of any of such provisions.
	 
	 	 	 	Borrower (Corporate seal):

Yingli Energy (China) Company	Lender (Corporate seal):

Bank of Communications Co. Ltd
	 	 	 	Limited	Hebei Branch
	 
	 	 	 	/s/ Liansheng Miao

Legal Representative
(Responsible Person)	/s/ Jian Wang

Responsible Person

Or
	 	 	 	Or Authorized Representative:	Authorized Representative:
	 	 	 	(Signature or seal)	(Signature or seal)
	 
	 	 	 	Date of Execution:
June 10, 2010	Date of Execution:
June 10, 2010

11

 

No.:

Drawdown Request

     Bank of Communications Co., Ltd.                     Branch (“Lender”):

     Pursuant to the No.                     Fixed Assets Loan Contract (“Contract”) between the
Borrower and the Lender, the Borrower hereby requests to draw down the loan under the
Contract. The details are as specified below:

     1. Loan Currency:                    ; Amount (in words) :                    

     2. Modality of Payment:

     (1) Entrusted Payment; or

Relevant details are specified in the No.                    Entrusted Payment
Authorization Letter.

     (2) Direct Payment

     1. This request is a supplement to the Contract.
Unless otherwise stated herein, the respective rights
and obligations of the Borrower and the Lender and
relevant matters shall continue to be dealt with in
accordance with the Contract.

     2. Where the Lender agrees to disburse the loan funds,
the specific amount, date and maturity of such
disbursement shall be as specified in the Borrower
Certificate.

     3. The Borrower warrants that the representations and
warranties of the Borrower under the Contract remain
valid.

     Borrower (Corporate seal):

     Yingli Energy (China) Company Limited

     Legal Representative

     (Responsible Person)

     Or Authorized Representative

     (Signature or seal):

     Date of Request:                    

The Lender agrees to disburse the loan funds pursuant to the above conditions
within 3 business days of the execution date hereof.

     Lender (Corporate seal):

     Responsible Person

     Or Authorized Representative

     (Signature or seal):

     Execution Date:                    

Note: This request in made in two copies. The Borrower and the Lender will each hold one copy.

12

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00175-of-00352.parquet"}]]