Document:

English translation of Purchase Contract

 Exhibit 10.5 
 **** INDICATES CONFIDENTIAL MATERIAL OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED WITH THE SECURITIES AND EXCHANGE COMMISSION SEPARATELY WITH A REQUEST FOR CONFIDENTIAL TREATMENT.

 Purchase Contract (“the Contract”) 
  

					
		 		 	 Contract No: KKNY20080708-A

		 		 	 Signing date: 2008-7-8

		 		 	Signing place: Shanghai

 Buyer: Jinko Solar Co., Ltd. (“Party A”) 
 Address: No. 4 Industrial Road, Xuri District of Shangrao Economic Development Zone 
 Legal Representative: Runsheng Xu 
 Seller: Wuxi Zhongcai Technological Co., Ltd (“Party
B”) 
 Address: Yuqi Development Zone, Huishan District, Wuxi 
 Legal Representative: Yuanqing Zhou 
 Whereas Party A wishes to enter into long-term polysilicon
material supply and purchase relationship with Party B. Party B, as Party A’s supplier, agrees to sell a certain amount of polysilicon. 
 In consideration of mutual statements, guarantees and covenants which are set forth above, Party A and Party B (“Both Parties”) hereby agree as follows: 
  

	1.	Definition 

 Unless this contract (the
“Contract”) otherwise stipulates or the context otherwise requires, the following terms used in this Contract shall have the meanings set forth below: 
  

	1.1	“Products” means the polysilicon manufactured by Party B listed in Appendix 1. 

  

	1.2	“Laws” means any applicable laws, statutes or rules, regulations, and any notices, orders, decisions, or other public writs issued by any legislative,
administrative or judiciary authorities, which are related to this Contract. 

  

	1.3	“Contract Year” means a calendar year, commencing on January 1 until December 31 each year. 

  

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	1.4	“Loss” means any compensation of damages, fines, fees, taxes, penalty, deficit and other losses and expenses (loss of profit and loss of value),
including any interest of reasonable investigation costs, litigation costs and reasonable legal fees, accounting fees, as well as other expert fees caused by any litigation or any claim, any breach of contract or tax assessment (the above-mentioned
expenses shall contain all relevant fees, including all counsel fees generated from: (i) investigation or defense undertaken against the claims for third party’s compensation; (ii) any rights held or argued against third party in
accordance with the terms herein; (iii) settlement of any case or litigation or potential litigation or case). 

  

	1.5	“Working Day” refers to any business day on which a company in the People’s Republic of China normally operates, including any Saturdays and
Sundays (“Adjusted Working Days”) declared by the Chinese Government authorities as a temporary Working Day but excluding public holidays and the Saturdays and Sundays other than Adjusted Working Days. 

  

	1.6	“Market Price” refers to the price of silicon materials. Both Parties will determine the market price one month in advance, and the spot market prices
adopted by main polysilicon manufacturers, including China Silicon, Xinguang, China Energy, Wuxi Zhongcai, Daquan and Yongxiang, will be used as reference. Furthermore, Both Parties will eliminate the highest price and the lowest price and accept
the average price calculated from the prices adopted by the other manufacturers as the market price for the current month. 

  

	2.	Quantity 

 Party B agrees to sell **** of
polysilicon to Party A and gives priority to ensure the delivery of such quantity of the Products agreed under this Contract as well as the performance of this Contract. If Party B has more polysilicon than the agreed delivery amount, Party B shall
give priority to consider to supply it to Party A. If the Market Price is above **** per kg, Party B shall offer **** discount to Party A. If the Market Price is between **** to **** per kg, Party B shall offer **** discount. Meanwhile, Party B
agrees to sell **** tons of polysilicon to Party A at the price of **** per kg (including 17% value-added tax) under a separate contract. 
  

	3.	Price 

 Both Parties agree on the price
set forth in Appendix 2. 
 The prices include value-added tax. 
 Both Parties have considered the possible market fluctuations of energy price. After Both Parties have decided the price, neither party shall delay or refuse to perform this Contract due to the market
fluctuations. 
  

	4.	Prepayments and Payments 

  

	4.1	Prepayments 

 Immediately upon the signing of
this Contract, Party A shall provide Party B with **** of the total payment amount under this Contract as prepayments (hereinafter referred as to as “Prepayments”, each installment referred to as the “Prepayment”) in four
installments as follows: 
  

	 	1)	**** of the Prepayments: Party A must pay **** within three Working Days after this Contract has become effective. The remainder should be paid within **** Working
Days. 

  
  

	****	Confidential material omitted and filed separately with the Commission. 

  

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	 	2)	**** of the Prepayments within **** days after the first prepayment. 

  

	 	3)	**** of the Prepayments within **** days after the second prepayment. 

  

	 	4)	**** of the Prepayments within **** days after the third prepayment. 

 When Party B signs the Contract, Zhongcai Group shall provide a guarantee contract, the terms of which are set forth in Article 12. The above Prepayments will be deducted from the monthly payment.

  

	4.2	Payments 

 Party A shall pick up the Products
from Party B’s factory or location designated by Party B, and Party A shall pay the current payment. Party B shall deliver on time according to the delivery schedule upon receipt of current payment. “Current Payment” shall mean the
actual value of each batch of the Products deducted the ten (10) percent of the value of such batch of the Products from Prepayment. Party B shall issue a corresponding VAT invoice. Any Loss caused by delayed issuance of the VAT invoice to
Party A shall be borne by Party B. 
  

	5.	Delivery 

  

	5.1	Delivery shall be made monthly. Party B will deliver the following quantities of the Products. In case of any changes, either party shall notify the other party in
writing **** days prior to the expected delivery date and obtain the confirmation from the other party. 

 Minimum
annual quantity of the Products shall not be less than **** percent of the quantity agreed under this Contract. Monthly delivery quantity shall not be less than **** percent of the quantity agreed under this Contract, and continual insufficient
quantity of monthly delivery is not allowed. In 2009, monthly delivery shall be calculated quarterly. The delivery quantity in the first quarter shall be **** percent of the total contract amount of the year. The delivery quantities in the second,
third and fourth quarters shall be **** percent, **** percent and **** percent, respectively, of the total contract amount of the year. Monthly delivery quantity equals the average of total amount of each quarter. The delivery of the first half year
in the following four years shall be **** percent of each year, and the delivery of the second half year shall be **** percent of such year. Monthly delivery quantity during every half year equals the average of total contracted quantities of each
half year. 
  

	5.2	Quantities of the Products are set forth in Appendix 2. 

  

	5.3	Place of delivery is Party B’s factory or location designated by Party B. Party A is entitled to make random inspections in the above-mentioned places before the
delivery. 

  

	6.	Packaging 

 Packaging: The packaging shall
be suitable for long-distance transportation and ensure no damage and pollution towards the Products during the transportation until the Products arrive at the warehouse designated by Party A. The internal packaging shall be double-layer PE
packaging, and external packaging shall adopt carton (tube) packaging. Any product damage, loss and pollution during transportation caused by improper packaging and related consequential loss suffered by Part A shall be borne by Party B. 

Logo: According to Party A’s requirements, both internal and external packaging shall indicate the name of manufacturer, series number,
specification, weight and date of production. 
  
  

	****	Confidential material omitted and filed separately with the Commission. 

  

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	7.	Quality Guarantee 

 The quality of the
Products refers to the performance, specifications, appearance, materials, manufacture and technology, which shall be in accordance with national and international industry standards. The details are set forth in Appendix 1. Party B shall submit a
formal testing report for each batch of the Products. The content of the testing report shall include, but not limited to, the specifications set forth in Appendix 1. The testing report shall contain the seal of Party B. Party B will submit testing
report to Party A for trial production as well as the first batch of the Products. 
  

	8.	Inspection 

  

	8.1	Party A will make inspections upon the receipt of the Products according to the specifications set forth in Appendix 1. In case of defective products, Party B shall
bear the testing fees and replace the Products. 

  

	8.2	When Party A picks up the Products from Party B, Party A shall confirm the Products at Party B’s place. Party A shall pick them up and be responsible for the
transportation costs. Party B shall not be responsible for any problems arising during the transportation. Party A shall test the Products within **** Working Days of the date of pick up of the Products and move the Products (i.e. Party B’s
polysilicon Products) into its warehouse. If there is any objection, Party A shall propose to Party B and provide the documents within **** Working Days. Party B shall respond and provide the feedback report within **** Working Days upon the receipt
of the above-mentioned documents. 

 Party A shall complete random inspections within **** days upon the receipt of
the Products. If there is any defective products that are not in compliance with the specifications or covenants agreed by Both Parties, Party A is entitled to an exchange or price reduction. Party B shall exchange the Products within five days
after the receipt of the facsimile from Party A if Party A chooses to exchange the Products. Party B will bear all inspection fees, replacement fees, including transportation, storage and labor costs. In shortage of the Products, Party B shall make
up the shortage within **** days after the receipt of the facsimile from Party A. 
 Party A may require return of the Products
if more than **** of the Products is not in compliance with Appendix 1 after its random inspections. If Party A does not raise an objection against quality of the Products, Party B will not be responsible for any problem after the Products has been
used. 
  

	8.3	Since Party A only makes random inspections, which only test certain portion of the Products and / or certain specifications of the Products. Satisfactory results of
the inspection and /or testing does not mean all the Products are in compliance with the specification. Thus Party B shall not be exempt from the liability for the untested Products. Any further problem shall be solved by Both Parties.

  
  

	****	Confidential material omitted and filed separately with the Commission. 

  

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	9.	Confidentiality 

 Both Parties, which
include themselves, their directors, senior managers, employees, representatives, agents, contractors and affiliates, undertake that they will treat the other party’s internal business as confidential. Each party guarantees that it will keep
confidential any information received from the other party or sending to the receiver (or during the discussion or negotiation before the signing of this Contract) or received during the performance of this Contract and will not disclose such
information to any third party (other than their employees, but limited to only on a need-to-know basis). The information can only be used to perform the obligation of this Contract and will not be used for the benefit of itself or any third party.
The above confidentiality restriction does not extend to the following information: 
  

	 	A:	Information that has been lawfully held before the negotiation of this Contract; 

  

	 	B:	Any information that has been in the public domain or enters in the public domain thereafter (excluding information which has become available in the public domain as a
result of a violation of the terms of this Contract); 

  

	 	C:	Any information transmitted or disclosed to the receivers by the third party who legally holds and lawfully discloses such information. However, one party or its
affiliates may require to disclose the information subject to local Laws. Either party can reasonably disclose the signing and the content of this Contract to the media, and the other party shall not prohibit it unreasonably. If either party needs
to disclose the information due to financing purpose, it has to sign confidentiality agreements with the third party before disclosing the information and such third party also has the obligation of confidentiality. 

  

	10.	Commencement, Duration and Termination of Contract 

  

	10.1	Neither party shall terminate this Contract, from the effective date of this Contract until December 31, 2013, except under the terms of Articles 10 and 13. Both
Parties may negotiate a renewal of this Contract three months before the expiration of this Contract. This Contract becomes effective after Both Parties sign and seal this Contract and Zhongcai Group provides the guarantee contract.

  

	10.2	Both Parties may negotiate to terminate this Contract in writing if any party fails to perform its obligations more than two months due to the Force Majeure (defined
below). 

  

	10.3	Both Parties can terminate the Contract through mutual negotiation. 

  

	10.4	If one party breaches this Contract seriously which causes the other party to be unable to perform this Contract, the affected party is entitled to terminate this
Contract with notice within **** days and the breaching party shall bear responsibility according to Article 13. 

  

	10.5	In the event of the Loss of liquidity, the insolvency or liquidation of Party B, Party A may immediately terminate this Contract with notice. This notice would not
affect other rights of Party A. 

  

	10.6	The terms and conditions of confidentiality, quality of the Products, liability for breach, settlement of disputes in this Contract would not be affected by its
termination, rescission or invalidity. 

  
  

	****	Confidential material omitted and filed separately with the Commission. 

  

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	10.7	Party B shall, within **** days after termination or rescission of this Contract, return the unused balances of the Prepayment and the relevant penalty to Party A.
Otherwise, Party B shall pay the penalty of **** of the unreturned amount of the above-mentioned total payment. 

  

	11.	Force Majeure 

 Both Parties shall not be
responsible for any nonperformance of, delay or any additional costs in performance of this Contract due to any reasons beyond the control of Both Parties (the “Force Majeure”), including war, terrorism and major changes in Laws or rules.

 If either party claims Force Majeure as the reason for nonperformance of this Contract, such party shall: 
  

	 	(a)	Notify the other party immediately after the occurrence of the event constituting the Force Majeure, together with details thereof, an estimate of the period time for
which it will continue and the possible effect to its performance; 

  

	 	(b)	Make reasonable efforts to continue the performance of his obligations; 

  

	 	(c)	Take immediate action to correct or cease the events that prevent it from performing its obligations; 

  

	 	(d)	Use their reasonable efforts to mitigate or limit the damage to the affected party; 

  

	 	(e)	Notify the other Party about its action and plan regularly and promptly and also notify the other party after the occurrence of the Force Majeure event stops.

  

	12.	Party B’s Guarantee 

  

	12.1	Zhongcai Group will provide a guarantee contract to ensure the performance of the obligation under the terms and conditions of this Contract within two days after Both
Parties sign this Contract and will be jointly liable for all the debts and credits until the end of this Contract. 

  

	12.2	**** percent of the amounts due for each batch of the Products will be deducted from the Prepayment. When this Contract expires, Party B shall return the unused
balances of the Prepayment to Party A within **** days after expiration date. 

  

	12.3	If Party A receives claims from any third party due to the flaws of ownership or intellectual property rights of the Products, Party B shall bear all the
responsibilities. 

  

	12.4	The Products are to be made by Party B and in good condition. The quality of the Products shall conform to the specifications agreed by Both Parties.

  

	12.5	Party B shall, as the first priority, fulfill Party A’s needs for the quantities of the Products under this Contract. 

  

	13.	Liability for Breach of the Contract 

  

	13.1	If Party B fails to deliver the Products within agreed time and the delay is more than **** days, Party A will have the right to terminate this Contract. Party B shall
return the Prepayments to Party A within **** days after the termination. Party B also needs to pay **** percent of the unpaid balances of the Prepayment as the default penalty. If Party B fails to pay the above-mentioned prepayment and penalty,
Party B shall further pay default interest of **** per day of the outstanding balances. 

  

	****	Confidential material omitted and filed separately with the Commission. 

  

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	13.2	In case of delayed delivery of the Products (other than the Force Majeure), Party B shall pay **** of the total value of the Products as the penalty for every delayed
month. The quantities of the Products shall not be less than **** percent of the agreed quantities under this Contract. Monthly delivery quantities shall not be less than **** percent of the agreed quantities under this Contract. In case of
insufficient quantities, Party B shall make up the shortage in the next delivery. If Party B cannot make up the shortage on time, Party B must pay **** percent of the value of the shortage as the penalty for every delayed month. The penalty of
delayed delivery or shortage of delivery would not release Party B from its obligation to continue delivering the Products or making up the shortage of the Products. 

  

	13.3	Party B shall pay the default penalty which equals **** percent of the unused balances of the Prepayment to Party A if Party B fails to deliver the Products (for
reasons other than Force Majeure), terminates this Contract without Party A’s consent, or, without fulfilling Party A’s demand, supplies the Products to any third party (including, but not limited to, their affiliates) or use the Products
for its own purpose. 

  

	13.4	In case of defective products, Party B shall take back the products and exchange them within **** days upon receipt of Party A’s notice. If Party B does not take
back the products within **** days, Party B shall pay storage fees from the sixth date and also be responsible for the penalty of delayed delivery according to Article 13.1. 

  

	13.5	Party A shall pay default penalty in accordance with **** of the unused balances of the Prepayment if Party A fails to pay the Prepayment or loans in accordance with
terms and conditions under this Contract. The above-mentioned penalty does not release Party A from any of its payment obligations. If Party A delays the payment for more than **** days, Party B is entitled to terminate this Contract. Party A shall
settle all the outstanding payments within five (5) days after termination as well as **** percent of the outstanding payments as a penalty. 

  

	13.6	Party B may opt not to return the paid Prepayment if Party A terminates this Contract without Party B’s consent. 

  

	14.	Applicable Law and Settlement of Disputes 

  

	14.1	This Contract is governed by and construed in accordance with the Laws of the People’s Republic of China. 

  

	14.2	Any disputes arising from this Contract, including disputes in relation to its existence, validity, or breach or termination of this Contract, Both Parties shall
attempt to solve the disputes through negotiation. In case of unsuccessful negotiation, the disputes shall be submitted to the court in the place where the parties sign the Contract. 

  

	****	Confidential material omitted and filed separately with the Commission. 

  

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	15.	Notice 

 Any notice or certification
required under this Contract shall be given in writing and sent or delivered to the address listed below. Under the following circumstance, the notice or certification shall be deemed to have been received by the receiving party: (a) upon
delivery by hand; (b) upon receipt of notice when sent by registered mail or guaranteed mail; and (c) on the second working day after dispatch in the way of express courier. All general correspondences related to this Contract shall be
sent to the following address: 
 Notice to Party B 
 Address: Yuqi Development Zone, Huishan District, Wuxi 
 Zip code: 214183 
 Recipient: Title: Darong Zhou, Wuxi Zhongcai Technological Co., Ltd. 
 Phone: 0510-80109694 
 Notice to Party A 
 Address: Industrial Road, Xuri District of Shangrao Economic Development Zone 
 Zip code: 334100 
 Recipient: Kangping Chen 
 Phone: 0793-8461218 
 If either party wishes to
change the designated recipient, it shall notify the other party in writing. All mails and correspondences shall be in line with the provisions of this cooperation procedures determined by Both Parties. 
  

	16.	Miscellaneous 

  

	16.1	This Contract shall be in eight copies, and each party holds four copies. 

  

	16.2	This Contract may be amended only by Both Parties signing supplementary contract. 

  

	16.3	Party A shall not transfer any of its rights and obligations under this Contract to any of its affiliates without Party B’s written consent. After obtaining Party
B’s consent, Party A’s affiliates shall sign a contract with Party B under the same conditions as stipulated in this Contract. 

  

	16.4	The fact that any of the parties does not force the other party to comply with any terms or conditions under this Contract cannot be considered as a waiver of its
rights to enforce such terms or conditions. 

  

	16.5	Any terms and conditions of this Contract deemed to be invalid, illegal or unenforceable in any degree shall be separated from this Contract while the unaffected terms
shall continue to be valid to the maximum extent that Laws permit. 

  

	16.6	The failure or delay to exercise any rights, power or privileges shall not constitute the waiver of such rights. In addition, unilateral / partial exercise of such
right, power or privileges shall not affect any of the other rights, power or privileges. 

  

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	16.7	This Contract and its appendices shall be considered as the overall agreement related to the subject matter in this Contract, which shall replace any previous
consultations, negotiations and agreements. 

  

	16.8	Appendices to this Contract are integral part of this Contract, which shall be provided with the same legal status as this Contract. If there is a conflict between the
appendices and the main body of this Contract, the main body of the Contract will prevail. 

  

	16.9	Responsibility of guarantor: The guarantor agrees to bear the joint liability under this Contract, including, but not limit to, the termination, rescission or other
breaches of the contract due to defective products, delayed delivery, shortage of the Products by Party B. Party A is entitled to require the guarantor and the guarantor is willing to return the unused balances of the Prepayment and the penalties.
If Party B has obligation to return the Prepayment under this Contract or relevant Laws, Party A is entitled to require the guarantor to pay the unused balances of the Prepayment and the penalties. (The guarantor will provide guarantee contract,
which is an integral part of this Contract and will be provided with the same force as this Contract.) 

 This clause shall
continue to be valid until December 31, 2013 or two years after termination of this Contract, whichever is later. 
 The guarantor ensures
that the guarantee contract is lawful and binding. If the guarantee contract is invalid due to lack of authorization, the guarantor shall still be jointly liable under this clause. Party A is entitled to require the guarantor to return the unused
balances of the Prepayment and the penalties. 
  

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 [signature page] 
  

			
	Party A:	 	 /s/ Kangping Chen

			
		
	Representative:	 	
		
	Position:	 	

			
		
	 Party B:
	 	 /s/ Huanwen Zhou

			
		
	 Representative:
	 	
		
	 Position:
	 	

 Date of signature: July 10, 2008 

 Appendix 1 Technical Parameter 
 Since the national standard of polysilicon has not been announced, after discussion, we will take drafting documents of national standard of solar energy as
reference. 
  

			
	N type resistively W.cm	  	****
		
	P type resistively, W.cm	  	****
		
	Oxygen concentration, at/cm3	  	****
		
	Carbon concentration, at/cm3	  	****
		
	Life of N type minority carrier, us	  	****
		
	Base metal, ppmw	  	****

  
 **** Confidential material omitted and filed separately with the Commission. 

 Appendix 2 Quantity, Unit Price and Delivery Schedule 
 **** 
  

	****	Confidential material omitted and filed separately with the Commission. 

  

 12 

  

 Serial No: 
 Wuxi Zhongcai Group Co., Ltd. 
 Wuxi Zhongcai
Technological Co., Ltd. 
 With 
 Jinko Solar Co., Ltd. 
 Guarantee Contract 
  

 13 

 This guarantee contract (hereinafter referred to as the “Contract”) was entered into by each party
on July 10th, 2008 in Shanghai: 
  

	(1)	Wuxi Zhongcai Group Co., Ltd. (hereinafter referred to as the “Guarantor”) 

 Registration No: 320206000082918 
 Address: Industrial Cluster, Yuqi Town, Huishan District, Wuxi Municipality 
 Post
Code: 214183 
 Legal Representative: Yuanqing Zhou 
 Tel: 0510-82951378 
 Fax: 0510-83899908 
  

	(2)	Wuxi Zhongcai Technological Co., Ltd. (hereinafter referred to as the “Company”) 

 Registration No: 320200400028245 
 Address: Industrial Cluster, Yuqi Town, Huishan District, Wuxi Municipality 
 Post
Code: 214183 
 Legal Representative: Yuanqing Zhou 
 Tel: 0510-80109698 
 Fax: 0510-80109692 
  

	(3)	Jinko Solar Co., Ltd. (hereinafter referred to as the “Guarantee”) 

 Registration No: 361100520000106 
 Address: Industrial Road, Xuri District of
Shangrao Economic Development Zone, Jiangxi Province 
 Post Code: 334100 
 Legal Representative: Runsheng Xu 
 Tel: 0793-8461218 
 Fax: 0793-8461152 
 Whereas: 
 The Guarantee (“as Buyer”) has
entered into a purchase contract (No: KKNY20080708-A) (hereinafter referred to as the “Purchase Contract”) with the Company (“as Seller”) on July 8th, 2008, whereby the Company agreed to provide the Guarantee with
multicrystalline silicon (hereinafter referred to as the “Product”) with a total value of no less than ****. 
  

	1.	within the term of the Purchase Contract. 

  

	2.	The Guarantor is the parent company of the Company and directly holds 45% of the Company’s equity interests as of the date of the signing of this Contract.

  

	3.	Given that the Guarantee’s purchase of the Product from the Company and the effectiveness of the Purchase Contract is conditioned upon the valid execution of the
Contract, the Guarantor shall execute the Contract, agreeing to undertake joint and several guarantee liabilities to the Company’s performance of its contractual obligations (including but not limited to the obligation to supply goods) under
the Purchase Contract (including any of its amendments or supplements) as well as other relevant obligations and liabilities. 

 As such, the Guarantee, the Guarantor and the Company agreed to enter into this Contract, on the following terms: 
  

	****	Confidential material omitted and filed separately with the Commission. 

  

 1 

  

 Article 1 Definition and Interpretation 
 Except as agreed upon otherwise: 
  

	1.1	“Purchase Contract” referred to in this Contract means the Purchase Contract (Contract number KKNY20080708-A) entered into by the Guarantee and the Company
regarding supplies of the Product and other supplemental agreements to be entered into by the two parties from time to time. 

  

	1.2	Definition and interpretation in the Purchase Contract shall also apply in the Contract. 

  

	1.3	The guarantee under this Contract is independent. The Contract shall not become invalid due to any amendments or modification to the Purchase Contract made by the
Guarantee or the Company. And the Contract shall not become null or be rescinded because of the nullification or rescission of the Purchase Contract. 

  

	1.4	“Default Event” referred to in the Contract means events or circumstances provided for in the supply agreement as well as other acts in violation of the
Purchase Contract. 

  

	1.5	“Liabilities” referred to in the Contract means contractual obligations undertaken by the Company pursuant to the terms of the Purchase Contract; obligations
to refund prepayments (including principals and interests) and liability for breach of Contract (including but not limited to penalties, overdue interests, interest penalties and compensation of damages) resulting from the nonperformance or
incomplete performance of the Purchase Contract, as well as from the nullification or rescission of the Purchase Contract in part or in whole; expenditures or expenses incurred by the Guarantor to provide guarantee under this Contract (including but
not limited to arbitration expenses, attorney expenses and administrative expenses). 

  

	1.6	Any reference to the Contract or the Purchase Contract shall also include amendment, supplement or modification to the Contract or the Purchase Contract.

  

	1.7	“PRC Laws” and “Laws” referred to in the Contract means the laws, statutes, and regulations of PRC (excluding Hong Kong, Macau and Taiwan) which are
prevailing now or to be promulgated or amended in the future from time to time. 

  

	1.8	The headings of provisions and appendices under the Contract are only for the convenience of reading as well as for the purpose of reference, and they shall not be
interpreted to be the definition or interpretation of the provisions or appendices. 

 Article 2 Scope and
method of guarantee 
  

	2.1	Prime debts guaranteed under the Contract shall include contractual obligations assumed by the Company to the Guarantee, as well as the obligations and responsibilities
undertaken by the Company to the Guarantee for its nonperformance or incomplete performance of the Purchase Contract. 

  

 2 

  

	2.2	The scope of the guarantee under the Contract refers to the Liabilities, details of which are set out in Provision 1.5. 

  

	2.3	The Guarantor undertakes joint and several guarantee liabilities within the scope of the guarantee as provided for in Provision 1.1 and Provision 1.2.

 Article 3 Rights of the Guarantee 
  

	3.1	For any nonperformance or incomplete performance by the Company of its contractual obligations under the Purchase Contract and for any acts of the Company in breach of
the Purchase Contract, the Guarantee shall have the right to require the Guarantor to fully perform the Purchase Contract and the Guarantor shall perform in the manner prescribed by the terms and conditions of the Purchase Contract. In the event
that the Guarantor fails to perform, the Guarantee shall be entitled to require the Guarantor to assume joint and several guarantee liabilities for the breach of the Purchase Contract by the Company. Despite the abovementioned, the Guarantee shall
also be entitled to directly require the Guarantor to assume joint and several guarantee liabilities. 

  

	3.2	If and whenever (1) the Company fails to perform or incompletely perform its obligations under the Purchase Contract or engages in any acts in breach of the
Purchase Contract; and / or (2) any events of default occurs under the Purchase Contract, the Guarantee shall have the right to require the Guarantor, within five working days upon receipt of notice, to perform the obligations that should have
been performed by the Company or alternatively to fully fulfill its compensatory obligations. The Guarantor shall not raise any unreasonable counterclaims based on this Contract and the Purchase Contract. 

  

	3.3	Regardless of the fact that the Company or any other third parties provide guarantee to the Guarantor regarding the prime debts in any form, the Guarantee may choose to
claim full payment of its creditor’s rights from the Guarantor within the scope of the guarantee directly pursuant to this Contract. The Guarantor waives its counterclaim rights under any laws or regulations to require the Guarantee to first
exercise its other guaranteed rights. After the Guarantee has made its claims against the Guarantor first and all the guaranteed creditor’s rights have been fulfilled, the Guarantor who has undertaken the guarantee liabilities is entitled to
claim from the Company, or require other Guarantor who has assumed joint and several liabilities to contribute the portion they are liable for. 

  

	3.4	Under this Contract, the Guarantor shall make full payments of the amounts it is required to pay and shall not raise any offset or counterclaim or attach any
restrictions or conditions. 

  

	3.5	Any Guarantee’s tolerance, extension, privilege granted to the Company or Guarantor or its delay in executing any right under this Contract will not affect, damage
or restrict all the rights and benefits enjoyed by the Guarantee, according to the Laws and this Contract, and shall not be regarded as if the Guarantee abandons its rights and benefits under this Contract or affect the obligation that should be
assumed by the Guarantor under this Contract. 

  

 3 

  

	3.6	In the event of any breach of the Contract by the Guarantor or other actions and circumstances that either cause the deficiency of its guarantee ability or give the
Guarantee reason to believe in the deficiency of its guarantee ability, the Guarantee is entitled to terminate the Purchase Contract and the Contract. From the time when the actions, circumstances and actions arise, the Guarantee is entitled to
require the Company and the Guarantor to pay off the debts jointly or severally, unless the Company or the Guarantor can provide new guarantee in time that is accepted by the Guarantee. 

 Article 4 the Continuity of Guarantee 
 The guarantee obligations of the Guarantor under this Contract (including but not limited to its heir, transferees, receivers or others assuming its rights and obligations) is continuous and shall not be
affected by the impact of any instructions, changes in property rights or adjustments in the manner of operation (including but not limited to entering into joint venture or cooperation contracts with foreign enterprises and companies in Taiwan,
Hong Kong and Macau; revocation, shut down, suspension of production, change of product lines; separation, merger, acquisition or being acquired; restructure, establishment or reorganization of limited company or investment company; investment in
limited company or investment company with fixed assets, including buildings or equipments, or intangible assets, including trademarks, copyright, know-how, land-use rights; property and operation rights transactions in the form of leasing,
contracting, joint operation or trusteeship). 
 Article 5 the Term of the Guarantee 
 The guarantee period under this Contract shall be two years after the term of the prime debts expires. 
 Article 6 Representations and Warranties of the Guarantor 
  

	6.1	The Guarantor undertakes as follows: 

  

	6.1.1	The Guarantor is a registered legal entity in the PRC. The Guarantor has possessed all the necessary rights to engage in business activities or to participate in
litigation on its own behalf, as well as to dispose of the properties under its management and control. 

  

	6.1.2	The Guarantor satisfies the solvency requirements stipulated by Laws. Liabilities of the Guarantor under this Contract shall not be nullified or affected regardless of
the changes of the identity or status of the Guarantor or the Company. 

  

	6.1.3	The execution and performance of this Contract by the Guarantor is voluntary and reflects its true intention. The execution and performance of this Contract are not in
violation of relevant stipulations of Laws or provisions of the Contract. All the legal formalities necessary for the execution and performance of this Contract by the Guarantor have already been completed and remain fully effective.

  

	6.1.4	All documents, materials, financial reports and documentation provided by Guarantor to the Guarantee are accurate, true, complete and effective.

  

 4 

  

	6.1.5	The Guarantor has not concealed any of the following events, which have occurred or are about to occur and may cause the rejection of the Guarantor by the Guarantee:

  

	 	(1)	Serious discipline violation, violation of laws or claim for damages; 

  

	 	(2)	Unsettled litigation and arbitration; 

  

	 	(3)	Any debts assumed, or existing debts or any mortgage (pledge) guarantee to any third parties; 

  

	 	(4)	Any other situations that may affect the Guarantor’s financial position or ability to provide guarantee. 

  

	6.1.6	The Guarantor has not breached any contracts entered into with other parties. 

  

	6.2	The Guarantor undertakes as follows: 

  

	6.2.1	Before fulfilling all its obligations under the Contract, the Guarantor shall promptly notify the Guarantee in writing of changes in property rights, if any. If the
Guarantee demands to add or change guarantor, the Guarantor shall guarantee to provide new guarantor or collaterals acceptable to the Guarantee (including but not limited to rights and assets). 

  

	6.2.2	The Guarantor shall promptly notify the Guarantee in writing of any changes in its correspondence address or contact information. 

  

	6.2.3	The Guarantor undertakes that any amendments, supplements and modifications to the Purchase Contract shall not affect the fulfillments of its obligations under the
Contract by the Guarantor and may be made without prior approval of the Guarantor. Any grace periods or tolerance offered by the Guarantee to the Company or delay in taking any action or adjustment towards the Company will not affect the
Guarantor’s obligation under this Contract. 

  

	6.2.4	The Guarantor hereby undertakes that the abovementioned representations and warranties are continuous and shall remain in full force and effect until full fulfillment
of its obligations under the Contract. They shall be deemed to be made again by the Guarantor on each amendments, supplements and alteration of the Contract. 

  

	6.2.5	The Guarantor undertakes that the Guarantee’s execution of the Contract is based on confidence in the abovementioned representations and warranties.

 Article 7 Transfer 
  

	7.1	The Guarantor shall not transfer its rights and obligations under this Contract, in whole or in part, to a third party without the prior written consent of the
Guarantee. 

  

	7.2	The Guarantee may transfer its creditor’s rights under the Contract without the approval of the Guarantor and the Guarantor shall continue to bear guarantee
liabilities within the scope of the Contract. The Guarantee shall not, however, transfer its contractual obligations under the Purchase Contract without the written consent of the Company. 

 Article 8 Amendment, Supplement and Interpretation 
  

	8.1	This Contract can be amended or supplemented upon written consent of the Guarantor and the Guarantee. Any amendments and supplements shall become integral parts of the
Contract. 

  

 5 

  

	8.2	If any changes in Laws or any legal practice cause any terms of this Contract to be illegal, null, void or unenforceable, the legality, validity and enforceability of
other provisions shall not be affected. All relevant parties shall cooperate closely to amend the provisions which are illegal, null and void or unenforceable under this Contract. 

 Article 9 Applicable Law, Disputes Settlement, Jurisdiction and Waiver of Exemption 
  

	9.1	Applicable law 

 The Contract
shall be governed, as to its formation, interpretation, validity and performance as well as the settlement of disputes, by and under the Laws of PRC. Any disputes arising from or in connection with this Contract shall be settled through amicable
negotiation. If no settlement can be reached, the dispute shall be submitted to a court that has jurisdiction over the place where the Contract is signed. 
  

	9.2	Jurisdiction 

 Any disputes
arising from or in connection with the Contract shall be referred to court that has jurisdiction over the place where the Contract is signed. 
  

	9.3	During the period of dispute settlement, other provisions under this Contract, apart from the disputed provision, shall continue to be enforced.

  

	9.4	The signing and performance of this Contract by Guarantor and any activities relating to this Contract are all civil acts. The Guarantor is not or will not be entitled
to take any economic, administrative actions against the Guarantee or to raise objection or defense to any jurisdiction, trial and execution, out of the immunity of their actions or properties. 

 Article 10 Notice 
  

	10.1	Any notices, requests for payments or correspondences to the other party shall be mailed or faxed to the following addresses, telex numbers or fax numbers:

 Guarantor: Wuxi Zhongcai Group Co., Ltd. 
 Correspondence Address: Yuqi Development Zone, Huishan District, Wuxi Municipality 
 Fax No.: 0510-83899908 
 Addressee: Jinyu Sun 
 Guarantee: Jinko Solar Co., Ltd. 
 Correspondence Address: Industrial Road, Xuri District of Shangrao Economic Development Zone, Jiangxi Province 
 Fax No.: 0793 8461152 
 Addressee: Kangping Chen 
 Company: Wuxi Zhongcai Technological Co., Ltd. 
 Correspondence Address: Yuqi Development Zone, Huishan District, Wuxi Municipality 
 Fax No.: 0510-80109692 
 Addressee: Fengyan Liu 
  

 6 

  

	10.2	Each party shall promptly notify the other party in writing of any changes in the correspondence address or contact information listed above. 

 

	10.3	Any notices, requests for payments or correspondences sent to the addresses above shall be deemed to have been delivered to the recipient on the following days if they
are not returned by the carrier: 

  

	 	(1)	on the fifth working day after dispatch when sent by registered mail and on the second working day after dispatch in the way of express courier;

  

	 	(2)	upon receipt of confirmation number if sent by telefax; 

  

	 	(3)	upon dispatch of a fax; 

  

	 	(4)	upon delivery in the way of manual delivery; 

 Article 11 Effectiveness, termination and copies of contract 
  

	11.1	This Contract and any of its amendments and supplements shall become effective when they are signed by the Guarantor, the Guarantee and the Company.

  

	11.2	The rights and obligations under this Contract shall be automatically terminated upon the full performance of the obligations under the Purchase Contract by the Company
or the Guarantor on the Company’s behalf. 

  

	11.3	This Contract shall be in triplicate to be held by each party, and all copies have the same legal force. 

 Each party to this Contract has read and fully understands and agrees all provisions under this Contract. 
  

 7 

  

			
	The Guarantor: Wuxi Zhongcai Group Co., Ltd.
		
	Authorized representative:	 	 /s/ Huanwen Zhou

		
	(Signature)	 	
	
	The Guarantee: Jinko Solar Co., Ltd.
		
	Authorized representative:	 	  

		
	(Signature)	 	
	
	The Company: Wuxi Zhongcai Technological Co., Ltd.
		
	Authorized representative	 	 /s/ Huanwen Zhou

		
	(Signature)	 	

 Signed in Shanghai on July 10, 2008 
  

 8 

  

 Supplementary Agreement 
 ( the “Agreement”) 
 The
Party:    Jinko Solar Co., Ltd. (hereinafter referred to as “Party A”) 
 The
Party:    Wuxi Zhongcai Technological Co., Ltd. (hereinafter referred to as “Party B”) 
 On the basis
of the market fluctuation and both parties’ actual situation, the parties agree to enter into the following supplementary agreement in order to perform the Purchase Contract KKNY20080708 (the “Contract”): 
  

	1.	Article 3 of the Contract is amended as “both parties agree to set up price as following: the parties will set up the price for next month in writing during 25th
to 30th of each month after negotiation (**** down of the average market price of Zhonggui, Yongxiang and Xinguang as reference). Delivery of products shall only be made upon payment by Party A”. 

  

	2.	The prepayment stipulations in Article 4.1 of the Contract are amended as “renegotiation of prepayment may be postponed to June, 2009, but Party A may not require
the refund of the prepayment for any other reasons”. 

 This Agreement shall be in quadruplicate and each party holds two
copies. This Agreement will come into force after both parties sign and seal it. 
  

					
	Party: Jinko Solar Co., Ltd.	 		 	Party: Wuxi Zhongcai Technological Co., Ltd.
			
	Legal representative (entrusted agent):	 		 	Legal representative (entrusted agent):
			
	 /s/ Xiande Li
	 		 	 /s/ Huanwen Zhou

			
	Date: Jan. 7, 2009	 		 	Date: Jan. 7, 2009

  

	****	Confidential material omitted and filed separately with the Commission. 

  

 9English translation of Purchase Contract

 Exhibit 10.6 
 **** INDICATES CONFIDENTIAL MATERIAL OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED WITH THE SECURITIES AND EXCHANGE COMMISSION SEPARATELY WITH A REQUEST FOR CONFIDENTIAL TREATMENT.

 Purchase Contract (“the Contract”) 
  

					
		 		 	 Contract No.: KKNY080828-GF
 Date: 2008-9-18
 Signed in: Wuxi, Jiangsu

  

			
	The Seller:	 	Jinko Solar Co., Ltd. (hereinafter referred to as “Party A”)
	Address:	 	Industry Road, Xuri District, Shangrao Economic Development Zone, Jiangxi Province
	Tel:	 	0793-8469699
		
	The Buyer:	 	Jiangsu Green Power PV Co., Ltd. (hereinafter referred to as “Party B”)
	Address:	 	No 1, Longmen Road, Wujin Hi-Tech Industrial Zone, Changzhou, Jiangsu
	Fax:	 	0510-85311991

 Both parties agreed on the following terms and conditions through amicable negotiation: 

 

	I.	Product Name, Specifications and Quantity 

  

											
	 Name of Products
	  	 Specifications
	  	 Unit price
 (tax included)
 (RMB) Yuan
	  	 Quantity
 (pcs)
	  	 Amount
 (RMB) yuan
	  	 Remark

	125 Monocrystalline wafer	  	****	  	****	  	****	  	****	  	2009. ****-2009. ****
						
	125 Monocrystalline wafer	  	****	  	****	  	****	  	****	  	2009. ****-2009. ****
						
	125 Monocrystalline wafer	  	****	  	****	  	****	  	****	  	2009. ****-2010. ****
						
	125 Monocrystalline wafer	  	****	  	****	  	****	  	****	  	2009. ****-2009. ****
						
	125 Monocrystalline wafer	  	****	  	****	  	****	  	****	  	2010. ****-2010. ****
						
	125 Monocrystalline wafer	  	****	  	****	  	****	  	****	  	Year of 2011
						
	125 Monocrystalline wafer	  	****	  	****	  	****	  	****	  	Year of 2012
						
	125 Monocrystalline wafer	  	****	  	****	  	****	  	****	  	Year of 2013
						
	Total Amount (RMB ): ****	  		  		  		  	****	  	

  

	****	Confidential material omitted and filed separately with the Commission. 

  

 1 

	1.	During the term of this Contract, the two parties may enter into other contracts through separate negotiation in light of the increase of Party A’s production
capacity and Party B’s demands. 

  

	II.	Quality Requirements, Technical Specifications and Quality Disputes 

  

	1.	Quality Requirements and Quality Specifications: 

  

			
	Conduction type: Type ****	  	Orientation: **** Resistivity: ****
	Side length: **** Diagonal line length: **** Thickness: ****
	Lifetime of minority carrier:
****                            TTV: ****
	Dislocation density: ****
                                Carbon content: ****
	Oxygen content: ****	  	Saw depth: ****
	Edge broken: ****	  	
	Warp: ****	  	
	
	Matters that are not mentioned herein shall follow industry standard.

  

	2.	Quality Disputes 

 Party B shall
notify Party A in writing of any quality defects and provide written testing report with product tracking number. If Party A, after its quality control department has tested the product, has any objection to the testing report and the conclusion
reached, it shall provide Party B with written feedback with relevant proof within **** working days. Otherwise it will be deemed to acknowledge the quality defects raised by Party B. If Party A’s testing confirm the quality defects, Party A
shall arrange for an exchange or return of the defective products immediately. If the defective products are in small quantities, Party A could deliver the replacement to Party B upon its pick up of the next shipment. Party A shall bear all fees for
delivery of the replacement. 
 Refund and exchange are not available for products (excluding stress wafer) with a defective rate
below ****, which will be considered as normal wear and tear during production and transportation. Party A has no responsibility for quality defects which are caused by Party B’s improper operations. 
  

	III.	Inspection and Objection Period: if Party B finds any quality defects according to the specifications in this Contract, an objection must sent to Party A within
**** working days after Party B receives the products. If no written objection is made by Party B within this period, then the products are deemed to be acceptable. 

  

	****	Confidential material omitted and filed separately with the Commission. 

  

 2 

	IV.	Packaging Standard: Packaging shall be suitable for long-distance transportation. 

  

	V.	Time, Place and Manner of Delivery 

  

	1.	Time of delivery: The stipulated payment must be made in full and on time. Detailed schedule of delivery are as follows: **** pcs shall be delivered on the **** of each
month in the year of 2009; From the year of 2010 to the year of 2013, delivery are to be made in four installments each month, with **** pcs to be delivered each week. 

  

	2.	Place of delivery: Party A’s factory. 

  

	3.	Manner of delivery: Party B shall be responsible for picking up products from Party A’s factory, arranging transportation and be responsible for all related costs.

  

	VI.	Prepayment, Settlement and Deadline 

  

	1.	Party B agrees to pay **** of five year’s total amount of payment under this Contract to Party A as prepayment, totaled **** (hereinafter referred to as
“Prepayment”). The Prepayment shall be made in four installments as follows: 

 (1) Party B shall pay
**** of the Prepayment within **** working days after the signing of this Contract (i.e. before ****, 2008), which is equivalent to ****; 
 (2) Party B shall pay **** of the Prepayment within **** after the signing of this Contract (i.e. before ****, 2008), which is equivalent to ****; 
 (3) Party B shall pay **** of the Prepayment within **** after the signing of this Contract (i.e. before ****, 2008), which is equivalent to
****; 
 (4) Party B shall pay **** of the Prepayment within **** after the signing of this Contract (i.e. before ****, 2009),
which is equivalent to ****; 
 For each delivery by Party A, 5% of the amounts due for the delivered products shall be deducted
from the total amount of the Prepayment, leaving only 95% of the amount due to be paid by Party B. 
  

	2.	Delivery of products shall only be made upon payment by Party B. Party A shall issue a 17% VAT invoice within one week after delivery. 

  

	3.	The term of this Contract is five years, will be effective from January 1, 2009 through December 31, 2013. After the Contract expires, Party A and Party B may
negotiate a renewal of the Contract. 

  

	****	Confidential material omitted and filed separately with the Commission. 

  

 3 

	VII.	Transfer of the Title of the Products: The title of the products will be transferred to Party B upon delivery. 

  

	VIII.	Liability for Breach of Contract 

  

	1.	If products delivered by Party A do not conform to Contract requirements in respect of model, specifications and technical parameters, Party B shall contact Party A on
a product-by-product basis. Party A shall confirm the nonconforming part and come up with a solution within **** working days. Exchange is available for products confirmed by Party A to be defective upon pick up of the next shipment by Party B. If
return of products is confirmed by Party A and Party B in writing, Party A shall refund the value of the returned products to Party B within **** working days. 

  

	2.	Should either party fails to make delivery or payments on time, the breaching party shall pay a penalty to the non-breaching party of **** per day of the value of the
delayed products or the amount of the overdue payments. 

  

	3.	Each party shall be liable for its own breach of Contract and shall compensate the non-breaching party for its economic loss resulting from the breach. The amount of
compensation shall be equal to the amount of losses resulting from the breach, which will include any benefits that could be obtained if the Contract is fully performed, but not to exceed the losses that are foreseeable to the breaching party in
signing the Contract. 

  

	4.	If Party A and Party B terminate the Contract upon consensus through amicable negotiation, Party A shall refund to Party B the unused balance of the Prepayment (free of
interest) within **** working days . If Party A fails to refund on time, Party A shall pay **** per day of the amount due to Party B as a penalty. 

  

	5.	If any breaches by Party B occur, Party B shall pay Party A a penalty according to the following terms: If Party B breaches or unilaterally repudiates the Contract,
Party A may refuse to refund the Prepayment made by Party B. Party B shall compensate Party A for all economic losses resulting from Party B’s non-performance. 

  

	6.	If any breaches by Party A occur, Party A shall pay Party B a penalty according to the following terms: If Party A breaches the Contract or fail to tender products as
required by the Contract, Party A shall refund the Prepayment (free of interest) to Party B within **** working days and also compensate Party B for its economic losses resulting from Party A’s failed tender of products. If Party A fails to
refund the Prepayment on time, Party A is liable to Party B for a penalty of **** per day of the Prepayment. 

  

	IX.	Dispute Resolution: Any disputes arising from the signing or performance of this Contract or other course of dealings between Party A and Party B shall be
settled through negotiation by Party A and Party B. If no settlement is reached, either party can bring a cause of action in the local court. 

  

	****	Confidential material omitted and filed separately with the Commission. 

  

 4 

	X.	Confidentiality: All terms and conditions of this Contract as well as any supplementary agreements shall be treated as confidential information by Party A and
Party B, their employees, agents, representatives and consultants. Neither party shall disclose confidential information to a third party without the consent of the other party (except in accordance with the disclosure requirement under the listing
rules). Any breaching party is liable to pay compensation to the non-breaching party in the amount of ****. 

  

	XI.	Force Majeure: If either party fails to perform its obligations under this Contract due to an event of Force Majeure, the non-performing party shall notify the
other party in writing within seven (7) days after the occurrence of the event and provide written proof from the relevant government authorities within 15 days after the event is over. Depending on the impact of Force Majeure, the
non-performing party may be exempt from all liability. Exemption is not available if the Force Majeure event happens after a party’s delay in performance. 

  

	XII.	Anti-Business Fraud: If either party, in breach of good faith, provides the other party with false registered statements, qualification certifications or other
information, or conceals the truth from the other party, the violating party shall pay the affected party no more than RMB1 million as a penalty. This term does not affect the party’s liabilities under other provisions.

  

	XIII.	Miscellaneous 

  

	1.	Notice: Both parties confirm the addresses and fax number provided in the beginning of the Contract to be the addresses and fax number for communications, delivery of
written notices and correspondences between Party A and Party B. All notices and correspondences mailed or faxed to above addresses and fax numbers by one party in performing this Contract to the other party shall be deemed effective transmission.

 If either Party wishes to change its address or fax number, it shall promptly notify the other party in writing.
In case of failed or delayed notice, the original address and fax number will be regarded as the address and fax number for communication. 
  

	2.	Party A and Party B may negotiate and make supplemental provisions. 

  

	****	Confidential material omitted and filed separately with the Commission. 

  

 5 

	XIV.	Effectiveness and Others 

  

	1.	This Contract becomes effective after the Party A and Party B sign and stamp the Contract. The printed documents will be deemed as final execution documents.
Modification, alteration, supplementation or deletion is not allowed. Any modification, alteration, supplementation or deletion will be deemed invalid, and the original content will be considered as final. 

  

	2.	This Contract shall be in duplicate and each party holds one copy. Each copy has the same legal force. 

  

			
	 Supplier
	 	 Demander

		
	 Company Name: Jinko Solar Co., Ltd
  
 Signature/Stamp: (stamp)
	 	 Company Name: Jiangsu
 Green Power PV Co., Ltd.

	 
		
	/s/ Xianhua Li	 	Signature/Stamp: (stamp)
		
	Date: September 18, 2008	 	/s/ Weiming Zhang
		
	Contact: Zhang Hong	 	Date: September 18, 2008
		
	 Bank of Deposit: Industrial and Commercial
 Bank of China, Shangrao Branch
	 	 Contact:
  
 Bank of Deposit:

		
	Account No. 362101040008979	 	Account No.
		
	Tax No. 361103794799028	 	Tax No.

  

 6 

 Sales Contract 
 (the “Contract”) 
  

					
		 		 	 Contract No.: JINKO090115-GF
 Date: 2009-1-15
 Signed in: Shangrao, Jiangxi

  

			
	The Seller:	  	Jinko Solar Co., Ltd. (hereinafter referred to as “Party A”)
	Address:	  	Jingke Road, Shangrao Economic Development Zone, Jiangxi Province
	Tel:	  	021-68761209

  

			
	The Buyer:	  	Jiangsu Green Power PV Co., Ltd. (hereinafter referred to as “Party B”)
	Address:	  	No 1, Longmen Road, Wujin Hi-Tech Industrial Zone, Changzhou, Jiangsu
	Fax:	  	0510-85311991

 Both parties agreed on the following terms and conditions through amicable negotiation: 

 

	I.	Product Name, Specifications and Quantity 

  

													
	 Name of Products
	  	Specifications	 	Unit price
(tax included)
(RMB)	 	Quantity
(pcs)	 	Annual
Quantity
(pcs)	 	Total
Amount
(RMB)	 	 Remark

	125 Monocrystalline wafer	  	****	 	****	 	****	 	****	 	****	 	2009. ****-2009. ****
	Monocrystalline wafer, Multicrystalline wafer	  	To be
negotiated	 	To be
negotiated	 	****	 	****	 		 	2010. ****-2010. ****
	Monocrystalline wafer, Multicrystalline wafer	  	To be
negotiated	 	To be
negotiated	 	****	 	****	 		 	2011. ****-2011. ****
	Total Amount of the Year 2009: ****	  		 		 		 		 		 	

  

	1.	During the signing of this Contract, the two parties may enter into other contracts through separate negotiation in light of the increase in Party A’s production
capacity and Party B’s demands. The term of this Contract is three years, from March 1, 2009 to December 31, 2011. 

  

	2.	When the fluctuation of market price of the 125*125 monocrystalline wafer in the year of 2009 exceeds 5% of the above-mentioned price, Party A and Party B shall
renegotiate the price. Prices for the year 2010 and the year 2011 shall be negotiated on a separate basis. 

  

**** Confidential material omitted and filed separately with the Commission 
  

 1 

	II.	Quality Requirements, Technical Specifications and Quality Disputes 

  

	1.	Quality Requirements and Quality Specifications: 

  

			
	Conduction type: Type ****	  	Orientation: **** Resistivity: ****
	Side length: **** Diagonal line length: **** Thickness: ****
	Lifetime of minority carrier:
****                            TTV: ****
	Dislocation density: ****
                                Carbon content: ****
	Oxygen content: ****	  	Saw depth: ****
	Edge broken: ****	  	
	Warp: ****	  	
	
	Matters that are not mentioned herein shall follow industry standard.

  

	2.	Quality Disputes: 

 If Party B
discovers any quality defects according to the technical specifications in this Contract, Party B shall notify Party A in writing within **** days and provide written testing report with conclusion reached as well as the product tracking number. If
no written objection is made by Party B within this period, the goods will be deemed in compliance with the requirements specified in the Contract. If Party A has any objection to the testing report and the conclusion reached, it shall provide Party
B with written feedback and relevant proof within **** working days after receiving the notification and report from Party B; otherwise Party A will be deemed to acknowledge the quality defects raised by Party B. If, after examination, Party A
confirms that it is liable for the quality defects, Party A shall arrange for an exchange or refund of the defective products within **** days. If the percentage of the defective products is less than **** of this shipment, equal to **** pcs, Party
A may replace such defective products upon Party B’s pick up of the next shipment of products, and Party A shall bear all expenses for delivery and packaging of the replacement. 
 Refund and exchange are not available for products (excluding stress wafer) with a defective rate below ****, which will be considered as
normal wear and tear during production and transportation. Party A has no responsibility for quality defects which are caused by Party B’s improper operations during its examination and production process. 
  

	III.	Packaging Standard: Packaging shall be suitable for long-distance transportation. 

  

	IV.	Time, Place and Manner of Delivery 

  

	1.	Time of delivery: Party B shall make the payment in full and on time. Party A shall deliver the products within **** working days after receiving the payment.

  

	2.	Place of delivery: Party A’s factory. 

  

	3.	Manner of delivery: Party B shall be responsible for picking up products from Party A’s factory, arranging transportation and all related costs.

  

	****	Confidential material omitted and filed separately with the Commission. 

  

 2 

	V.	Prepayment, Settlement and Deadline 

  

	1.	Party B agrees that ****, which is the amount stipulated in the previous 5-year contract and already paid to Party A, shall be deemed as a prepayment under this 3-year
contract. This prepayment will be deducted on a pro rata basis, which will be **** for the year 2009, **** for the year 2010 and **** for the year 2011. Party B also agrees to make another prepayment amounting to **** for the year of 2009 before
Party B’s pick up of the shipment in March 2009, which will make Party B’s prepayment in 2009 **** in total. Party B may deduct the prepayment according to the percentage stipulated in this Contract. Party B shall pay **** every month in
addition to the prepayment in 2009. Delivery of products shall only be made upon payment by Party B. The 2009 payment details in RMB and the year 2009 pick-up arrangement schedule are set forth below: 

  

									
	 Annual Payment
 Amount
	  	 Annual Prepayment
 Amount
	  	 Monthly Payment
 Amount
	  	 Monthly Prepayment
Amount
	  	 Actual Monthly
 Payment (in addition
 to the prepayment )

	****	  	****	  	****	  	****	  	**** (in three installments)
	
	Calculation formula: Actual Monthly Payment (in addition to the prepayment) = (Annual Payment Amount /10 months) – (Annual Prepayment Amount /10
months)

  

							
	 Monthly delivery
	 	 Day 2 every month
	 	 Day 12 every month
	 	 Day 22 every month

	****	 	****	 	****	 	****

  

	2.	Party B shall make full payment. Party A shall issue a 17% VAT invoice within one week after delivery. 

  

	3.	This Contract will be effective from March 1, 2009 through December 31, 2011, with a term of three years. After this Contract expires, Party A and Party B may
negotiate a renewal. 

  

	VI.	Transfer of the Title of the Products: The title of the products will be transferred to Party B upon delivery. 

  

	VII.	Liability for Breach of Contract 

  

	1.	Should either party fails to make delivery or payment on time, the breaching party shall pay a penalty to the non-breaching party of **** per day of the value of the
delayed products or the amount of the overdue payment. 

  
 **** Confidential material omitted and filed separately with the Commission 
  

 3 

	2.	If Party B breaches or unilaterally repudiates this Contract, Party B shall compensate Party A for Party A’s economic losses, which is a fixed mount of RMB****. If
Party A breaches this Contract or fails to deliver products as required by this Contract, Party A shall compensate Party B for Party B’s economic losses, which is a fixed amount of ****. 

  

	3.	If Party A and Party B terminate this Contract upon consensus through amicable negotiation, Party A shall refund to Party B the unused balance of the prepayment (free
of interest) within **** working days. If Party A fails to refund on time, Party A shall pay **** per day of the amount due to Party B as a penalty. 

  

	4.	If any breaches by Party B occur, Party B shall pay Party A a penalty according to the following terms: If Party B breaches or unilaterally repudiates this Contract,
Party A may refuse to refund the prepayment made by Party B. Party B shall compensate Party A for all economic losses resulting from Party B’s non-performance. 

  

	5.	If any breaches by Party A occur, Party A shall pay Party B a penalty according to the following terms: If Party A breaches this Contract or fails to deliver products
as required by this Contract, Party A shall refund the prepayment (free of interest) to Party B within **** working days and also compensate Party B for its economic losses resulting from Party A’s non-delivery of products. If Party A fails to
refund the prepayment on time, Party A is liable to Party B for a penalty of **** per day of the prepayment. 

  

	VIII.	Dispute Resolution: Any disputes arising from the signing or performance of this Contract or in the course of a business between Party A and Party B shall be
settled through negotiation by Party A and Party B. If no settlement is reached, either party may bring a cause of action in the local court. 

  

	IX.	Confidentiality: All terms and conditions of this Contract as well as any supplementary agreements shall be treated as confidential information by Party A, Party
B and their respective employees, agents, representatives and consultants. Neither party shall disclose confidential information to a third party without the consent of the other party (except in accordance with the disclosure requirement under the
listing rules). Any breaching party is liable to pay compensation to the non-breaching party in the amount of RMB****. 

  

	X.	Force Majeure: If either party fails to perform its obligations under this Contract due to an event of Force Majeure, the non-performing party shall notify the
other party in writing within 7 days after the occurrence of the event and provide written proof from the relevant government authorities within 15 days after the event is over. Depending on the impact of Force Majeure, the non-performing party may
be exempt from all liability. Exemption is not available if the Force Majeure event happens after a party’s delay in performance. 

  

	XI.	Anti-Business Fraud: If either party, in breach of good faith, provides the other party with false registered statements, qualification certifications or other
information, or conceals the truth from the other party, the violating party shall pay the affected party no more than RMB1 million as a penalty. This term does not affect the party’s liabilities under other provisions.

  

	****	Confidential material omitted and filed separately with the Commission. 

	

  

 4 

	XII.	Miscellaneous 

  

	1.	Notice: Both parties confirm the addresses and fax number provided in the beginning of the contract to be the addresses and fax number for communications, delivery of
written notices and correspondences between Party A and Party B. All notices and correspondences mailed or faxed to above addresses and fax numbers by one party in performing this contract to the other party shall be deemed effective transmission.

  

	  	If either Party wishes to change its address or fax number, it shall promptly notify the other party in writing. In case of failed or delayed notice, the original
address and fax number will be regarded as the address and fax number for communication. 

  

	2.	Party A and Party B may negotiate and make supplemental provisions. 

 XIII. Effectiveness and Others 
  

	1.	This Contract becomes effective after Party A and Party B sign and stamp it. The printed documents will be deemed as final execution documents and no modification,
alteration, supplementation or deletion is allowed. Any modification, alteration, supplementation or deletion will be deemed invalid, and the original content will be considered as final. 

  

	2.	This Contract shall be in quadruplicate and each party holds two copies. Each copy has the same legal force. 

  

			
	 Supplier
	 	 Demander

		
	 Company Name: Jinko Solar Co., Ltd.
  
 Signature/Stamp: (stamp)
  
 /s/ Jinko Solar Co., Ltd.
  
 Date: January 15, 2009
  
 Contact: Zhang Hong
  
 Bank of Deposit: Industrial and Commercial
 Bank of China, Shangrao Branch
  
 Account No. 362101040008979
  
 Tax No. 361103794799028
	 	 Company Name: Jiangsu Green Power PV Co., Ltd.
  
 Signature/Stamp: (stamp)
  
 /s/ Weiming Zhang
  
 Date:
January 15, 2009
  
 Contact:
  
 Bank of Deposit:
  
 Account No.
  
 Tax No.

  

 5 

 Sales Contract 
 (the “Contract”) 
  

					
		 		 	 Contract No.: 2009-JK-XS-1235-04
 Date: 2009-8-27
 Signed in: Shangrao, Jiangxi

  

			
	The Seller:	  	Jinko Solar Co., Ltd. (hereinafter referred to as “Party A”)
	Address:	  	Jingke Road, Shangrao Economic Development Zone, Jiangxi Province
	Tel:	  	0793-8461231
		
	The Buyer:	  	Jiangsu Green Power PV Co., Ltd. (hereinafter referred to as “Party B”)
	Address:	  	No 1, Longmen Road, Wujin Hi-Tech Industrial Zone, Changzhou, Jiangsu
	Fax:	  	

 Both parties agreed on the following terms and conditions through amicable negotiation: Contract
2009-JK-XS-1235-02 and Contract 2009-JK-XS-1235-03 shall be fully performed. The wafers under the two contracts totaling **** million pieces have offset the prepayment of RMB**** million under Contract JINKO090115-GF. The balance of the prepayment
under Contract JINKO090115-GF, totaling RMB**** million, shall be treated as the prepayment under the Contract. Both parties agree to stop performing Contract JINKO090115-GF and perform pursuant to the terms under the Contract. 
  

	I.	Product Name, Specifications and Quantity 

 1. 
  

									
	 Name of Products
	  	 Specifications
	  	 Quantity
 (pcs/month)
	  	 Total Quantity
 (pcs)
	  	 Contract Perform Period

	Monocrystalline wafer	  	125*125	  	****	  	****	  	2009. ****-2011. **** (**** months)

 Both parties agree to negotiate the price 10 days before the delivery every month; if the parties can
not agree on the price at the delivery, the parties agree to follow the average selling price of last month to three similar customers by Party A. The products under the Contract shall offset the prepayment totaling RMB**** million. The price per
piece shall be RMB****, which equals to the total prepayment amount divided by the total quantity. 
  

	II.	Quality Requirements, Technical Specifications and Quality Disputes 

  

	1.	Quality Requirements and Quality Specifications: see Appendix 1. 

  

	2.	Quality Disputes: 

  

	2.1	If Party B discovers any quality defects according to the technical specifications in this Contract, Party B shall notify Party A in writing within **** days and
provide written testing report with conclusion reached as well as the product tracking number. If no written objection is made by Party B within this period, the goods will be deemed in compliance with the requirements specified in the Contract.

  

	****	Confidential material omitted and filed separately with the Commission. 

	

  

 6 

	2.2	If Party A has any objection to the testing report and the conclusion reached, it shall provide Party B with written feedback and relevant proof within **** working
days after receiving the notification and report from Party B; otherwise Party A will be deemed to acknowledge the quality defects raised by Party B. 

  

	2.3	If, after examination, Party A confirms that it is liable for the quality defects, Party A shall arrange for an exchange or refund of the defective products within ****
days. Party A shall bear all expenses for delivery and packaging of the replacement. 

  

	2.4	Refund and exchange are not available for products (excluding stress wafer) with a defective rate below ****, which will be considered as normal wear and tear during
production and transportation. Party A has no responsibility for quality defects which are caused by Party B’s improper operations during its examination and production process. 

  

	III.	Packaging Standard: Packaging shall be suitable for long-distance transportation. 

  

	IV.	Delivery and Settlement 

  

	1.	Party A shall make two deliveries, on **** of every month, the interval of which shall be more than 10 days. Party B shall make the full payment except for the amount
under Section 2 of Article II three days before each delivery. 

  

	2.	Place of delivery: Party A’s factory. Party B shall be responsible for the transportation fee. 

  

	3.	Party A shall issue a 17% VAT invoice within seven days after delivery. 

  

	V.	Transfer of the Title of the Products: The title of the products will be transferred to Party B upon delivery. Party A may retain the title of the products until
Party B makes the full payment. 

  

	VI.	Liability for Breach of Contract 

  

	1.	Should either party fails to make delivery or payment on time, the breaching party shall pay a penalty to the non-breaching party of **** per day of the value of the
delayed products or the amount of the overdue payment. 

  

	2.	If Party B breaches or unilaterally repudiates this Contract, Party B shall compensate Party A for Party A’s economic losses, which is a fixed mount of ****. If
Party A breaches this Contract or fails to deliver products as required by this Contract, Party A shall compensate Party B for Party B’s economic losses, which is a fixed amount of RMB****. 

  

	****	Confidential material omitted and filed separately with the Commission. 

	

  

 7 

	3.	If Party A and Party B terminate this Contract upon consensus through amicable negotiation, Party A shall refund to Party B the unused balance of the prepayment (free
of interest) within **** working days. If Party A fails to refund on time, Party A shall pay **** per day of the amount due to Party B as a penalty. 

  

	4.	If any breaches by Party B occur, Party B shall pay Party A a penalty according to the following terms: If Party B breaches or unilaterally repudiates this Contract,
Party A may refuse to refund the prepayment made by Party B. Party B shall compensate Party A for all economic losses resulting from Party B’s non-performance. 

  

	5.	If any breaches by Party A occur, Party A shall pay Party B a penalty according to the following terms: If Party A breaches this Contract or fails to deliver products
as required by this Contract, Party A shall refund the prepayment (free of interest) to Party B within **** working days and also compensate Party B for its economic losses resulting from Party A’s non-delivery of products. If Party A fails to
refund the prepayment on time, Party A is liable to Party B for a penalty of **** per day of the prepayment. 

  

	VII.	Dispute Resolution: Any disputes arising from the signing or performance of this Contract or in the course of a business between Party A and Party B shall be
settled through negotiation by Party A and Party B. If no settlement is reached, either party may bring a cause of action in the local court. 

  

	VIII.	Confidentiality: All terms and conditions of this Contract as well as any supplementary agreements shall be treated as confidential information by Party A, Party
B and their respective employees, agents, representatives and consultants. Neither party shall disclose confidential information to a third party without the consent of the other party (except in accordance with the disclosure requirement under the
listing rules). Any breaching party is liable to pay compensation to the non-breaching party in the amount of RMB****. 

  

	IX.	Force Majeure: If either party fails to perform its obligations under this Contract due to an event of Force Majeure, the non-performing party shall notify the
other party in writing within 7 days after the occurrence of the event and provide written proof from the relevant government authorities within 15 days after the event is over. Depending on the impact of Force Majeure, the non-performing party may
be exempt from all liability. Exemption is not available if the Force Majeure event happens after a party’s delay in performance. 

  

	X.	Miscellaneous 

  

	1.	Notice: Both parties confirm the addresses and fax number provided in the beginning of the contract to be the addresses and fax number for communications, delivery of
written notices and correspondences between Party A and Party B. All notices and correspondences mailed or faxed to above addresses and fax numbers by one party in performing this contract to the other party shall be deemed effective transmission.

 If either Party wishes to change its address or fax number, it shall promptly notify the other party in writing.
In case of failed or delayed notice, the original address and fax number will be regarded as the address and fax number for communication. 
  

	****	Confidential material omitted and filed separately with the Commission. 

  

 8 

	2.	Party A and Party B may negotiate and make supplemental provisions. 

  

	XI.	Effectiveness and Others 

  

	1.	This Contract becomes effective after Party A and Party B sign and stamp it. The printed documents will be deemed as final execution documents and no modification,
alteration, supplementation or deletion is allowed. Any modification, alteration, supplementation or deletion will be deemed invalid, and the original content will be considered as final. 

  

	2.	This Contract shall be in duplicate and each party holds two copies. Each copy has the same legal force. 

  

			
	 Supplier
	 	 Demander

		
	 Company Name: Jinko Solar Co., Ltd.
  
 /s/ Jinko Solar Co., Ltd.
  
 Address: Jingke Road, Shangrao Economic
 Development Zone, Jiangxi Province
  
 Fax: 0793-8461231
  
 Bank of Deposit: Agricultural Bank, Shangrao Branch
  
 Account No.: 362101040008979
  
 Tax No.: 361103794799028
	 	 Company Name: Jiangsu Green Power PV Co., Ltd.
  

/s/ Jiangsu Green Power PV Co., Ltd.
  
 Address: No 1, Longmen Road, Wujin Hi-Tech
 Industrial Zone, Changzhou, Jiangsu
  
 Bank of Deposit:

 
 Account No.:
  
 Tax No.:
  

Tel:
  
 Fax:

  

 9 

 Appendix 1: Monocrystalline Wafer (125mm x 125*165mm/150mm) Quality Specifications 

 Conduction type: **** 
 Orientation:
**** 
 Resistivity: **** 
 Side length:
**** 
 Diagonal line length: **** 
 Thickness: **** 
 Lifetime of minority carrier: **** 
 TTV: **** 
 Dislocation density: **** 
 Carbon content: **** 
 Oxygen content: **** 
 Saw depth: **** 
 Warp: **** 
 Edge broken: Length****, depth

****; No more than **** broken edges on each side Surface abnormity and stain: no stain, no rift. 
  

	****	Confidential material omitted and filed separately with the Commission. 

	

  

 10

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