Document:

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                                                                   Exhibit 10.30

                              (Summary Translation)

                         Foreign Currency Loan Contract

                        Contract No.: 3600231112006510082

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                                TABLE OF CONTENTS

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<S>                                                                           <C>
Article  1  Definition....................................................     3

Article  2  Facility Commitment...........................................     5

Article  3  Use of Facility...............................................     5

Article  4  Facility Term.................................................     5

Article  5  Rate and Interest.............................................     5

Article  6  Overdue Interest..............................................     6

Article  7  Conditions Precedent to Drawdown..............................     6

Article  8  Drawdown......................................................     7

Article  9  Capital Payment...............................................     8

Article  10 Interest Payment and Principal Reimbursement..................     8

Article  11 Advance Repayment.............................................     8

Article  12 Priority of Repayment.........................................     9

Article  13 Management of Account.........................................     9

Article  14 Settlement and Sale of Foreign Currencies.....................     9

Article  15 Settlement Bank...............................................    10

Article  16 Representation and Warranties of Borrower.....................    10

Article  17 Examination of Use of Proceeds................................    10

Article  18 Information Disclosure........................................    11

Article  19 Supervision of Loan Project...................................    12

Article  20 Rights and Obligations of Borrower............................    13

Article  21 Security......................................................    13

Article  22 Default Event and Liability of Borrower.......................    14

Article  23 Amendment and Termination of Loan Agreement...................    14

Article  24 Entire Agreement..............................................    15

Article  25 Confidentiality...............................................    15

Article  26 Dispute Resolution............................................    15

Article  27 Miscellaneous.................................................    15

Article  28 Effectiveness and Termination of Loan Agreement...............    15

Annex    1  Drawdown Notice...............................................    17

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Borrower:               Jiangxi LDK Solar High-Tech Co, Ltd.

Address:                High-Tech Industrial Park, Xinyu City, Jiangxi

Legal Representative:   Xiaofeng Peng

Zip Code:               338000

Handling Person:        Chenshi Fu

Tel:                    0790-6860027

Fax:                    0790-6860028

Lender:                 China Development Bank

Address:                29 Fu Chen Men Wai Avenue, Xicheng District, Beijing

Legal Representative:   Yuan Chen

Zip Code:               100037

Handling Branch:        Jiangxi Branch

Address:                68 West Zhongshan Rd., Nanchang, Jiangxi

Responsible Person:     Huaxiang Cai

Zip Code:               330025

Handling Person:        Zhiping Zhang

Tel:                    0791-6592391

Fax:                    0791-6592320

      To accelerate the industrialization project aimed at an annual output of
200MW solar energy multicrystalline silicon wafers, the Borrower requests to
borrow and the Lender agrees to lend foreign-currency loan. In accordance with
the relevant state laws and regulations, the Lender and the Borrower enter into
the Contract observing an equal, voluntary and fair principle and in good faith.

ARTICLE  1  DEFINITION

      Unless otherwise provided herein, the following expressions shall have the
following meanings:

      (1)   BORROWER means China Development Bank.

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      (2)   LENDER means Jiangxi LDK Solar High-Tech Co, Ltd.

      (3)   PROJECT means the industrialization project aimed at an annual
            output of 200MW solar energy multicrystalline silicon wafers.

      (4)   FACILITY COMMITMENT means the highest amount the Lenders agrees to
            lend to the Borrower.

      (5)   OUTSTANDING BALANCE means the amount that the Lender has made
            available to the Borrower but the Borrower has not repaid.

      (6)   DRAWDOWN PERIOD shall have the meaning set forth in Article
            8.3.

      (7)   FACILITY ACCOUNT means the account opened by the Lender for the
            Borrower to record the lending and repayment under the facility.

      (8)   DEPOSIT ACCOUNT means the account opened by the Lender for the
            Borrower for the purpose of deposit and settlement of loan proceeds.

      (9)   LOAN PAYMENT means the payment of loan made by the Lender to the
            Deposit Account opened with the Handling Branch of the Lender
            according to the needs of the Borrower or directly to the Borrower
            based on the Borrower's advance request.

      (10)  HANDLING BRANCH means the branch of the Lender as authorized by the
            Lender to be responsible for the entry of the Contract and the
            management of the facility.

      (11)  SETTLEMENT BANK means the bank providing settlement services to the
            Borrower and supervising the use of the loan under the Contract
            according to the relevant agreements.

      (12)  INTEREST PERIOD shall have the meaning set forth in Article
            5.2.

      (13)  INTEREST PAYMENT DATE means the date on which the Borrower shall pay
            interests to the Lender as set forth in Article 5.2.

      (14)  FIRST REPAYMENT DATE means the date on which the Borrower repays the
            loan principal for the first time as set forth in Article 10.1.

      (15)  REPAYMENT DATE means the date on which the Borrower repays the loan
            principal as set forth in Article 10.1.

      (16)  GRACE PERIOD means the period during which the Borrower makes
            payment on interests only but not on principal.

      (17)  BUSINESS DAY means a day other than statutory holidays and general
            holidays on which the Lender is open.

      (18)  GUARANTORS means the warrantors, mortgagors and pledgors providing
            guaranty for the Borrower hereunder.

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      (19)  GUARANTY CONTRACTS means the warranty contracts, mortgage contracts
            and pledge contracts hereunder.

      (20)  LIBOR means the London inter-bank offered rate as published by the
            British Bankers' Association for deposits in Dollars at 11:00 a.m.
            London time two business days before the beginning of each Interest
            Period as displayed on page 3750 of the Telerate screen (if no rate
            is available on said screen, on the corresponding screen of Reuter
            Terminal).

ARTICLE  2  FACILITY COMMITMENT

      The Facility Commitment hereunder shall be USD25,000,000 (twenty-five
million US dollars).

ARTICLE  3  USE OF FACILITY

      The loan hereunder shall be used for the import of specialized equipment
for the industrialization project aimed at an annual output of 200MW solar
energy multicrystalline silicon wafers. The Borrower shall not misappropriate
the loan hereunder or use it in fields expressly prohibited by the government.

      In the event of misappropriation of the loan, the Lender will charge
penalty interests on such misappropriated amount based on penalty interest rate
until such misappropriation is cured.

      Penalty interest rate = loan interest rate provided herein x 200%.

      Penalty interest shall be the misappropriated amount x penalty interest
rate x number of days of misappropriation divided by 360.

ARTICLE  4  FACILITY TERM

      The term of the facility hereunder shall be five years from December 30,
2006 to December 1, 2011, and the Grace Period shall be one year from December
30, 2006 to December 29, 2007.

ARTICLE  5  RATE AND INTEREST

(1)   Interest Rate:

This Loan Agreement shall bear interest at a rate of 6 months USD LIBOR+150BP
per annum.

(2)   Interest Period and Interest Payment Date

The duration of each Interest Period shall be six months, the initial Interest
Period shall commence from December 2006 to June 21, 2007.

The Interest Payment Date is each June 21 and December 21. Any Interest Period
which would otherwise end on a day which is not a Business Day shall end on the
next succeeding Business Day or, if that day falls in the following calendar
month, on the immediately

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preceding Business Day. The last Interest Payment Day under the Contract shall
be the Installment Date for the last Facility. On such day, Principal and
Interests shall be fully paid.

(3)   Calculation of Interest:

Interest shall be calculated based on the Loan Balance and on the actual number
of days elapsed in a 360-day year.

Formula for Interest Calculation: Loan Balance x Interest Rate x Actual
Number of Days of the Loan within the Interest Period divided by 360 days

ARTICLE  6  OVERDUE INTEREST

(1) In the event where the Borrower failed to pay the Principal, Interests and
Fees in accordance with the Contract, it shall be charged with the Overdue
Interest.

               Overdue Interest = Interest Rate Agreed x 150%

(2)   Formula for Overdue Interest calculation: Overdue Amount x Overdue
Interest Rate x Overdue Dates divided by 360

(3) In the event where the Borrower failed to pay the overdue Principal,
Interests and Fees upon the next Payment Day, the Overdue Interest will be
recalculated in accordance with the Interest Period.

(4) If the Interest Rate is a flexible interest rate, all Overdue Interest Rate
of the Overdue Amount shall be adjusted according to the Current Interest Rate.

ARTICLE  7  CONDITIONS PRECEDENT TO DRAWDOWN

(1)   The Precedent Conditions to initial Drawdown by the Borrower
including the following:

(a)   The Lender has received the following documents provided by the
      Borrower:

      (i)   approvals from competent authorities on establishment of the
            Project;

      (ii)  corporate documents of the Borrower, including business license,
            duplicate of articles of associations, audited financial statements
            of past 3 years and financial statement of recent quarter;

      (iii) resolutions by competent authorities of the Borrower to authorize
            the Borrower enter into and perform the Contract, as well as
            resolutions of competent authorities of the Warrantor to authorize
            the Warrantor enter into and perform the Security Agreement;

      (iv)  specimen signature(s) from the legal representative(s) of the
            Borrower or Power of Attorney for the authorized signatory and
            specimen signature(s), as well as specimen signature(s) from the
            legal representative(s) of the Warrantor or Power of Attorney for
            the authorized signatory and specimen signature(s);

      (v)   duplicate or copy of the approved and valid commercial
            contract relevant to

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      the Contract;

(b)   The Borrower has established the Loan Account and Saving Account
      required by Article 13;

(c)   The Security Agreement required has been executed and validated;

(2) The Precedent Conditions to each Drawdown (including initial Drawdown) by
the Borrower including the following:

      (i)   statement by the Borrower under Article 16 is true and valid;

      (ii)  compliance with the Promises and Warranties made under Article 16;

      (iii) no Event of Default under Article 22 have occurred;

      (iv)  the Project Capital and other supportive funds are fully funded
            follow the proposed project.

ARTICLE  8  DRAWDOWN

(1)   Drawdown Schedule

      The following is the Drawdown Schedule of the Facility under the Contract:
      December 30, 2006: USD 25,000,000 (Twenty-Five Million US dollars)

      Where the Borrower wishes to change the Drawdown Schedule, it shall send a
      Notice shall the Lender 15 Business Days in advance.

(2)   Drawdown Procedure

The Borrower shall give an irrevocable Drawdown Notice to the Lender three
Business Days before the Drawdown Date (see Appendix 1). The lender shall, upon
the receipt and approval of the Drawdown Notice, transfer the facility from the
Loan Account of the Borrower to its Saving Account or to the account designated
by the Borrower in the Drawdown Notice on the date of Drawdown.

(3)   Drawdown Period

(a)   The duration of the Drawdown Period shall be 1 month, from December 30,
      2007 to January 29, 2007.

(b)   The Facility can only be made to the Borrower within the Drawdown Period.
      At the close of the Drawdown Period, the undrawn amount of the Facility
      shall be automatically cancelled.

(c)   Drawdown Period shall not be postponed without consent from the Lender. In
      the event where the Borrower needs to postpone the Drawdown Period, a
      written notice

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      shall be submitted to the Lender 3 days prior to the close of the
      Drawdown Period. The Drawdown Period can be postponed with the written
      approval from the Lender.

ARTICLE  9  CAPITAL PAYMENT

The Borrower shall provide the Lender with Payment Notice and evidence of
payment one day before the proposed payment day. The Lender shall examine the
aforementioned documents in accordance with its internal management process. If
evidence of payment is deemed to be true and completed, the Lender shall perform
the payment upon the day of receiving the payment notice. Where if the evidence
of payment is deemed to be untrue and uncompleted, the Lender could suspend
performance of the payment or refuse to perform.

The Borrower shall provide evidence of payment including : project application,
equipment purchasing contract, list of equipment and so on.

ARTICLE  10 INTEREST PAYMENT AND PRINCIPAL REIMBURSEMENT

(1)   Instalments of Principal Reimbursement

Dec. 1, 2007: USD 5,000,000 (Five million US dollars)

Dec. 1, 2008: USD 5,000,000 (Five million US dollars)

Dec. 1, 2009: USD 5,000,000 (Five million US dollars)

Dec. 1, 2010: USD 5,000,000 (Five million US dollars)

Dec. 1, 2011: USD 5,000,000 (Five million US dollars)

(2) The Lender shall deliver the Notice of Payment for Principal, Interests and
Fees to the Borrower on the day prior to the Payment Day.

(3) The Borrower shall remit the amount payable to the bank account designated
by the Lender within 5 business days before each repayment date.

(4) Whether the Lender has notified the Borrower or not and the contents of the
Payment Notice are accurate or not, the Brower shall not be exempted from its
obligation to repay the principle and interests on time.

(5) On each repayment date, the Lender may credit relevant amounts from the
Deposit Account opened by the Borrower with the Lender.

ARTICLE  11 ADVANCE REPAYMENT

This Article applies in case that the Borrower voluntarily repays the loans
hereunder in advance.

(1) The Borrower is not permitted to make advance repayment without the Lender's
consent.

(2) The Borrower shall apply for an advance repayment by sending to the Lender a
10-day written application.

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(3) In case that the Lender permits the Borrower to make an advance repayment,
the Borrower shall remit the principles and relevant interests as well as
relevant fees to the bank account designated by the Lender within 5 business
days before the repayment date of the principles.

(4)   The advance repayment shall first be used to compensate the loan
with the latest due date, i.e. the loans shall be repaid in reverse order.

(5) The Borrower's application for advance repayment is irrevocable. The
Borrower cannot apply to withdraw the amount that has been repaid in advance.

(6) The Borrower shall not make advance repayment during the Drawdown Period.

ARTICLE  12 PRIORITY OF REPAYMENT

In case that the Borrower makes repayment with an amount less than the amount
due on the same day as agreed hereunder, such amount shall be used to repay the
following items in sequence:

(1)   compensation and damage,

(2)   penalty interests,

(3)   overdue interests,

(4)   overdue principles,

(5)   fees,

(6)   interests,

(7)   principles.

In case that the repayment made by the Borrower is not sufficient to cover all
the amounts in the same sequence, such amounts shall be repaid in the sequence
of time when such amounts occur.

ARTICLE  13 MANAGEMENT OF ACCOUNT

The Borrower shall open a loan account and a deposit account with the Lender's
Handling Branch no later than December 30, 2006, to be used for lending,
settlement and repayment of principles and interests.

ARTICLE  14 SETTLEMENT AND SALE OF FOREIGN CURRENCIES

The Borrower shall handle the settlement of the loan proceeds hereunder and the
sale of foreign currencies through the Lender's Handling Branch and shall pay
the handling fees pursuant to the Table of Handling Fees of the Lender.

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ARTICLE  15 SETTLEMENT BANK

 The Lender has selected the Bank of Communication Nanchang Branch as the
Settlement Bank, with which the Borrower shall open an account. The payments
made from such bank account shall be supervised by the Lender and the Settlement
Bank.

The foresaid settlement of the loan proceeds refers to the settlement of the
loan proceeds hereunder and the settlement of the account specially opened for
such proceeds.

ARTICLE  16 REPRESENTATION AND WARRANTIES OF BORROWER

(1) The Borrower is a duly incorporated legal entity, holds a currently valid
business license, and owns its assets and operates its business according to
laws;

(2) The Borrower has been duly authorized to execute this Contract and the
undersigned is the Borrower's representative with effective authorization. This
Contract is legally binding to the Borrower upon effectiveness hereof.

(3) The financial reports provided by the Borrower to the Lender is compiled
according to the existing laws, regulations and accounting principles and have
reflected the true and accurate financial status of the Borrower during the
period of such reports.

(4) Other materials provided by the Borrower to the Lender are true and accurate
and the copies thereof are conformed to the originals.

(5) The Borrower confirms that it has obtained the approval from relevant
authority for the loan project and warrants that all the approval documents are
true and lawful.

(6) The technical plan, construction contents and construction scale of the loan
project are reasonable and feasible and there is no reduction, expansion or
surpassing of the construction scale and standards by the Borrower.

(7) The Borrower confirms that the Lender has priority to the loans for the
subsequent project finance plans.

ARTICLE  17 EXAMINATION OF USE OF PROCEEDS

After the loans are distributed, the Lender has the right to inspect the use of
the proceeds hereunder by means of on-site or off-site examination. The Borrower
shall, upon the Lender's request, provide to the handling branch a report on the
use of the proceeds and relevant certification of such uses. The Lender may
examine the use of proceeds on site and the Borrower shall actively cooperate
and provide relevant materials according to the Lender's requests. The Lenders
examination includes:

(1)    whether the capital for the project and other auxiliary capital
have been fully funded as agreed;

(2) whether the purpose of proceeds has been changed and whether the proceeds,
after being received and before becoming materialized work quantity, flows into
equity exchange, option exchange, real estate operation, risk investment and
other area prohibited by the Lender;

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(3) whether the project develops smoothly, whether there is any serious
accident, whether the large equipments have been properly installed and whether
the construction period is extended;

(4) whether the accumulated implementation and progress of the project is
consistent with the accumulated expenses for the project and whether such
expenses are made according to relevant provisions.

(5) whether the estimated total investment can be limited within the estimation.

In case that the Lender finds, upon examinations, that the completion of the
loan project is adversely influenced due to improper use of proceeds by the
Borrower, The Lender may request the Borrower to rectify in a specified period
of time.

ARTICLE  18 INFORMATION DISCLOSURE

(1) During the period when the Loan Project under this Contract is being
constructed, the Borrower shall, by the 5th of each month, submit to the handing
branch of the Lender a monthly report on the Loan Project of the previous month
in the form as requested by the Lender, and by February 15 of each year, submit
to the handling branch of the Lender an annual report on the Loan Project of the
previous year in the form as requested by the Lender;

(2) Within the 15 days from the completion and settlement of the Loan Project
under this Contract, the Borrower shall submit to the handling branch of the
Lender such materials as the financial settlement report on the completion of
the Project and the analysis of the investment proceeds post the completion of
the Project.

(3) The Borrower shall, by March 31 of each year, submit to the Lender a
complete set of financial report (including the asset and liability statement,
the profit and loss statement and the cashflow statement) on the previous
accounting year audited by an accounting firm authorized by the Lender; and
within the first 10 days of each quarter (the specific date is subject to
negotiation) submit to the Lender a complete set of financial report on the
previous quarter; and by September 10, submit to the Lender a complete set of
financial report on the first half of the year (in the event that the Borrower
is a publicly listed company, this provision will be changed to "the Borrower
shall, within 3 days from its formal disclosure of the interim financial report
or the annual financial report, submit to the Lender its interim financial
report or annual financial report) ;

(4) In the event that the Borrower makes an amendment as to its name, premise,
registered capital, scope of business, type of business, articles of
association, or a significant change has occurred in its financial operations,
the Borrower shall notify the Lender in writing 10 days in advance, and file the
relevant materials with the Lender. In the event that a significant change has
occurred as to the legal representative or the chief financial officer of the
Borrower, the Borrower shall notify the Lender in writing promptly.

(5) The Lender is entitled to request the Borrower to provide all the material
information on the application of the funds from the commencement of the Project
to the termination of the Contract, and the Borrower shall provide such
information promptly upon request.

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ARTICLE  19 SUPERVISION OF LOAN PROJECT

(1) The Lender may routinely visit the Borrower and the Loan Project, and obtain
the information on the Loan Project through the following methods:

(a)   To be briefed by the Borrower on the status of the Loan Project;

(b)   To review accounting documents such as the financial statements,
      accounting vouchers, accounting books and other relevant materials;

(c)   To examine, investigate and verify the biding process, the quality
      and the progress of the Loan Project; and

(d)   To verify the financial and cashflow status of the Borrower.

The Borrower shall cooperate with the Lender for the purposes of the above
activities.

(2) In the event that the Borrower will invite public bidding for a single
project of above US$500,000 under this Contract, the Borrower shall, within 10
business days prior to the formal commencement of the bidding process, notify
the Lender. If the Lender is to conduct the supervision on the bidding process,
the Borrower shall render cooperation. The supervision and examination can be
conducted through the following methods:

(a)   To examine the bidding announcement, bidding invitation letter and bidding
      documents, and verify the credentials and credit of the tenderers;

(b)   To supervise the opening and evaluation of the bids and attending all the
      important meetings in connection with the bidding; and

(c)   To obtain information and solicit comments from the tenderee, the
      tenderer, the bidding agent, the relevant administrative department and
      the bidding notarization agency;

(d)   To review the reports, contracts and relevant documents in connection with
      the bidding; and

(e)   To examine, investigate and verify the implementation of the bidding
      result.

(3) The Borrower shall, in accordance with the relevant regulations of the state
and the standard requirements of the industry, engage a qualified supervision
agency to supervise the construction and the equipment installation and
adjustment of the project. Upon the request by the Lender, the Borrower shall
provide a supervision report for the project within the prescribed time limit.

(4) The Borrower shall, in accordance with the relevant regulations of the state
and the standard requirements of the industry, purchase insurance for the
project being constructed under this Contract. Upon the request by the Lender,
the Borrower shall provide the relevant insurance policy or insurance
certificate within the prescribed time limit.

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ARTICLE  20 RIGHTS AND OBLIGATIONS OF BORROWER

(1) The Borrower is entitled to request the Lender to provide loans in
accordance with this Contract;

(2) The Borrower shall withdraw the loans in accordance with the withdrawal
proposal under this Contract;

(3) The Borrower shall repay the principle and interest thereof in accordance
with this Contract;

(4) The Borrower shall conduct and complete all the relevant procedures in
accordance with the regulations on foreign reserve administration of the state;

(5) In the event that a transfer of operations or assets by the Borrower
involves more than 20% of its total assets, a prior written consent by the
Lender must be obtained;

(6) In the event that there is a change to the ownership of assets or the
structure of the Borrower by way of merger or demerger, the Borrower shall
notify the Lender of the relevant change proposal 7 days in advance, and obtain
the consent thereof by the Lender. The aforesaid change proposal shall not
infringe upon the legitimate rights of the Lender under this Contract;

(7) In the event that the guarantor's ability to provide guarantee under this
Contract has been weakened, or the value of the mortgaged (pledged) property has
decreased, the Borrower shall make up the security within the time limit as
requested by the Lender, and the guarantor and the Lender shall enter into a
valid security agreement according to the law;

(8) In the event that the Borrower provides security for a third party, and the
accumulative amount subject to such security will exceed 70% of the net assets
set forth in the Borrower's most recent financial statements, a prior written
consent by the Lender must be obtained.

(9) The Borrower shall be prohibited from applying for loans from the Lender by
falsely reporting on a construction project; and

(10) The Borrower shall cooperate with the Lender for the purpose of rating the
credit of the Borrower, and provide the relevant materials as requested by the
Lender.

ARTICLE  21 SECURITY

The following forms of security have been adopted under this Contract:

(1) Xiaofeng Peng and Shan Zhou, as guarantors, will provide unlimited joint
liability guarantee;

(2) Jiangxi LDK Solar High-Tech Co. Ltd, as the mortgagor, will provide security
by mortgaging its legally-owned manufacturing equipment, and a land of an area
of 278.91 mu for the industrial purposes and a land of an area of 55.34 mu for
the business and accommodation purposes located in the Economic Development Zone
of Xinyu City as well as the buildings thereon.

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(3) Jiangxi LDK Solar High-Tech Co. Ltd, as the pledger, will provide security
by pledging its rights and interests under the long-term sales and purchase
agreement, which are allowed to be pledged according to the law.

The guarantor (the mortgagor or the pledger) shall promptly enter into a
valid security agreement with the Lender according to the law.

ARTICLE  22 DEFAULT EVENT AND LIABILITY OF BORROWER

(1) Where the Borrower violates the provisions specified in Article 16, 17, 18,
19 or 20, or any representation or warranty made by the Borrower in Article 16
hereunder proves to be incorrect or misleading, the Lender is entitled to
request the Borrower to cure such default in due time; Once the Borrower fails
to cure such default in due time, the Lender shall have the right to adopt one
or more following actions:

(a)   To cease loan distribution;

(b)   To declare such debt due and payable prior to its specified maturity, and
      require the Borrower to repay in due time the principle and proceeds of
      the loan already distributed, and to deduct the repayment amount directly
      from the bank account opened by the Borrower (Upon the execution of this
      Loan Agreement, the Borrower simultaneously authorized the Lender to
      excise such aforesaid rights to deduct repayment amount direct from the
      Borrower's account);

(c)   To terminate the Loan Agreement unilaterally.

(2) Where any default of the Borrower that violates the provision other than
those specified in Article 1 hereunder, the Lender shall be entitled to request
the Borrower to cure such default in due time; Once the Borrower fails to cure
such default in due time, the Lender shall have the right to request a
liquidated damage accounting for 50% of the loans distributed at the time of the
occurrence of such default, where the liquidated damage is not sufficient to
cover the economic loss the Lender has sustained as a consequence of the said
default, the Lender shall have the right to claim for compensation against the
Borrower.

(3) Where any litigation takes place as a result of the default of the Borrower,
the legal service fees paid by the Lender for such litigation shall be borne by
the Borrower.

ARTICLE  23 AMENDMENT AND TERMINATION OF LOAN AGREEMENT

(1) Unless otherwise provided herein, after the effectiveness of this Loan
Agreement, neither party shall amend or terminate this Loan Agreement
unilaterally. This Loan Agreement may be amended or terminated only by mutual
consent of both the Lender and the Borrower though consultation and such
amendment or termination shall be made in writing.

(2) The Lender may assign its rights hereunder, in whole or in part, to a third
party, provided that the Lender shall notify the Borrower of such assignment;

(3) Where all or part of the clauses herein are no longer satisfying the
requirements of the Chinese laws, regulations or policies by reason of changes
in such Chinese laws, regulations or policies, the Lender and the Borrower shall
consult with each other and amend relevant clauses in a timely manner;

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(4) Where the Borrower or the Lender is unable to perform this Loan Agreement
due to any event of force majeure, it shall notify the other party promptly and
take efficient actions to prevent further losses. The prevented party shall,
within 20 days after the occurrence of the event of force majeure, provide the
other party with detailed information about such event of force majeure and
documentation issued by relevant government authority evidencing the occurrence
of the relevant event of force majeure and its influence associated.

ARTICLE  24 ENTIRE AGREEMENT

Any supplements, amendments or alterations shall constitute integral parts of
this Loan Agreement.

ARTICLE  25 CONFIDENTIALITY

Neither party shall disclose to any third party the content hereof and any
commercial secrets of the other party without the mutual consent of the Lender
and the Borrower.

ARTICLE  26 DISPUTE RESOLUTION

Any disputes arising from the performance of this Loan Agreement shall be
resolved though friendly consolation of both parties; In the event that any
dispute can not be resolved through consultation, it shall be referred to the
People's court of the city which the Lender's domicile is.

ARTICLE  27 MISCELLANEOUS

(1) Any matters not specified herein shall be managed by the Lender and the
Borrower through consultation, or implemented in accordance with stipulations
under relevant Chinese laws and regulations.

(2) This Loan Agreement is made in two originals and 6 counterparts, each party
will hold one original, and the Borrower will hold 2 counterparts while the
Lender will hold 4 counterparts.

ARTICLE  28 EFFECTIVENESS AND TERMINATION OF LOAN AGREEMENT

This Loan Agreement shall be effective from the date of the execution of both
the Lender and the Borrower till the date of the repayment in full of all the
debt hereunder.

                                       15
<PAGE>
Borrower: Jiangxi LDK Solar High-Tech Co., Ltd

            (Corporate seal)

Legal Representative (or Authorized Person):            /s/ Xiaofeng Peng
                                                     -------------------------

                                                         Date: December 29, 2006

Bank Name and Account No. of Borrower:

Lender: China Development Bank

            (Bank seal)

Legal Representative (or Authorized Person):     /s/ Lifa Fan
                                            -------------------------

                                                         Date: December 29, 2006

Signing Location: 68 Zhong Shan Xi Road, Nanchang, Jiangxi Province

                                       16
<PAGE>
ANNEX 1

                                 DRAWDOWN NOTICE

                                                            No.:

TO CHINA DEVELOPMENT BANK:

In accordance with the Loan Agreement entered into by and between our Company
and your Bank (Contract No:       ), we irrevocably apply for a drawdown as
follows:

-     Amount of Drawdown;

-     Drawdown Date;

-     Drawdown Purpose;

-     We authorize your Bank to make the above-mentioned payment to
      _____________ directly on the Drawdown Date, whose opening bank and
      account No.  are _______________________ _______________________;

-     We authorize your Bank to make the above-mentioned payment to
      _____________ directly on the Drawdown Date, whose opening bank and
      account No.  are _______________________ _______________________.

 We hereby represent that our Company has met all the conditions precedent to
the drawdown as provided by the Loan Agreement (Contract No: ________) and no
default has occurred under this Loan Agreement. The above drawdown will
constitute the drawdown of our Company from the Bank and any liability incurred
therefrom shall be borne by our Company.

Borrower:_______________   (Corporate seal)

Legal representative (authorized person):    /s/  Xiaofeng Peng
                                          _____________________________

Date:

                                       17<PAGE>

                                                                   Exhibit 10.31

                              (Summary Translation)

                         FOREIGN CURRENCY LOAN CONTRACT

                    CONTRACT NO.: 2007 YU HUI XIN ZI NO. 001

Borrower:                 Jiangxi LDK Solar High-tech Co, Ltd.

Business License Number:  Qi Du Gan Yu Zong Zi No. 000108

Legal Representative:     Xiaofeng Peng

Domicile:                 Meiyuan Subdistrict, High-Tech Economic Development
                          Area, Xinyu City

Opening Bank and Account  Bank of China, Xinyu Branch  743045478628091001
Number.:

Tel:                      0790-6441025

Lender:                   Bank of China, Xinyu Branch

Legal Representative or   Zhigang Zhang
Responsible Person:

Domicile:                 2 Xian Lai Zhong Road, Xinyu City

Tel:                      0790-6441025

This Contract is made by and between the Borrower and the Lender through equal
consultation on the matter of distribution of foreign currency loans from the
Lender to the Borrower.

ARTICLE 1   CURRENCY AND AMOUNT

The loan currency shall be US dollar.

The total amount of the loans shall be eight million seven hundred and fifty
thousand US dollars (USD 8,750,000.00).

ARTICLE 2   TERM OF LOANS

The duration of the loans hereunder is 24 months, commencing from the agreed
drawdown date to the last payment date as agreed by both parties. If the
drawdown date as agreed by both parties refers to a specified period, the
drawdown date shall refer to the initial date of such drawdown period.

                                       1
<PAGE>

ARTICLE 3   PURPOSES

The loan hereunder shall be applied towards the following purpose:

The 2nd phase of 100 MW project of the Company and equipment purchase.

The Borrower shall not change the use of such loan without written consent from
the Lender.

ARTICLE 4   INTEREST RATE AND CALCULATION METHOD

This facility adopts a interest calculation method as follows: 10% higher than
the floating interest rate for 3-month period for foreign currency loan with a
maturity of 2 years as published by the Bank of China, and the interest rate for
this term is 8.73125% per annum.

Interest shall be calculated from the actual drawdown date based on the drawdown
amount and the actual number of days elapsed of a 360-day year.

Where interest calculation method adopts the interest rate for 3 month floating
period, then, upon expiry of every three month period starting from the
effectiveness hereof, the interest rate for the next floating period shall be
determined on the basis of the then floating interest rate for 3-month period
for foreign currency loan with a maturity of 2 years as published by the Bank of
China.

The Borrower shall adopts the following payment method:

The Borrower shall pay interest on a quarter basis, the days of March 20, June
20, September 20 and December 20 of each year shall be the interest payment
dates. If the last payment date for the loan principle does not fall into any
abovementioned interest payment date, then the Borrower shall repay all the
interest accrued on the principle on the last payment date.

ARTICLE 5   CONDITIONS PRECEDENT TO DRAWDOWN

The Lender shall have the right to refuse the drawdown applied by the Borrower
if the Borrower fails to satisfy the conditions as follows:

1.    A written application for drawdown 3 days in advance, together with
      relevant documentation evidencing the use of such loan;

2.    This Contract and its appendices have become effective;

3.    The Guarantee Contract specified in Article 9 hereunder has become
      effective;

4.    The Borrower has opened a bank account to be used for drawdown,
      interest and fee payment, as well as repayment pursuant to request
      of the Lender;

5.    The Borrower has provide the Lender with following written documents:

                                       2
<PAGE>

      (1)   Resolution and authorization letter of the Board of Directors or
            another competent department approving the execution and performance
            of this Contract;

      (2)   Name list of the persons who have the authorization to sign this
            Contract and other documents and bills relevant hereto, along with
            their specimen signatures;

      (3)   Evidence in support of the fulfilment of budget funds for the loan
            project (including funds raised by the Borrower itself);

      (4)   Certificates approving the construction land use, layout and
            construction designing plan;

6.    There is no default event as set forth in Article 12 hereunder;

7.    Any other conditions precedent to drawdown as stipulated by laws or
      agreed by the parties have been satisfied.

ARTICLE 6   DRAWDOWN SCHEDULE

The Borrower shall make a drawdown in accordance with (1) of this Article:

      (1)   The Borrower shall draw the facility in a lump sum on February
            5, 2007;

      (2)   The Borrower shall draw all the facility within ____ months from the
            day of ______ as provided herein. The Lender shall have the right to
            refuse to distribute any facilities not withdrawn within the said
            time period. In the event that the Lender assents to distribute the
            aforesaid facility, it shall be entitled to charge the Borrower a
            fee at a rate of _/__ per day for those facilities not withdrawn;
            for those facilities the Lender refuses to distribute, the Lender
            has the right to charge the Borrower at a rate of __/___.

ARTICLE 7   DRAWDOWN PROCEDURE

The Borrower shall send a Drawdown application as required by the Lender for
every single drawdown, and shall fulfil all the other drawdown formalities.

ARTICLE 8   REPAYMENT

The Borrower shall repay the loans hereunder in strict compliance with the
following repayment schedule:

<Table>
<Caption>
Repayment     Repayment  Repayment            Repayment    Repayment   Repayment
Installments  Date       Amount               Installment  Date        Amount
<S>           <C>        <C>                  <C>          <C>         <C>
First         February   USD
Installment   5, 2008    4,375,000
Second        February   USD
Installment   5, 2009    4,375,000
</Table>

                                       3
<PAGE>

If the Borrower desires to adjust any part of the above repayment schedule, it
shall send a written application 30 days prior to the maturity date of the
corresponding facility. Unless otherwise agreed, any adjustment to such
repayment schedule shall be confirmed by both parties in writing.

Where between the Borrower and the Lender there exist several loan contracts
due, the Lender shall have the right to determine the sequence of performance of
these contracts as to each repayment made by the Borrower.

The Borrower may repay loans in advance with a 15 day prior notice to the
Lender. The Lender shall be entitled to a compensation amounting for ___/__ of
the interest receivable on the advance repayment. The advance repayment shall
first be used to compensate the loan with the latest due date, i.e. the loans
shall be repaid in reverse order. The Borrower's application for advance
repayment is irrevocable. The Borrower cannot apply to withdraw the amount that
has been repaid in advance.

ARTICLE 9   SECURITY

The following forms of security have been adopted under this Contract:

1.    Suzhou Liu Xin Industrial Limited Company and Jiangxi Liu Xin Industrial
      Limited provide unlimited joint liability guarantee and enter into a
      separate Guarantee Contract, the contract No. of which is 05NR07001 and
      05NR07002;

2.    The Borrower, as the pledgor, provides security by pledging its
      Silicon inventory and enters into a separate Pledge Contract with
      the Lender, the contract No. of which is 2007 YA ZI No. 001.

3.    Peng Xiaofeng provides individual joint liability guarantee.

4.    The Borrower, as the mortgagor, will provide security by mortgaging its
      10,000 sqm factory newly completed and equipment purchased in the 2nd
      phase of the construction project as well as a land of an area of 300 mu
      in the 3rd phase after completion of relevant formalities.

In the event of the worsening in guarantor's financial condition or inferior
solvency due to any other reasons, or distinct decrease or even elimination of
the guarantor's credibility by reason of any depreciation, damage or loss of the
mortgaged or pledged properties, the Lender shall have the right to request the
Borrower to change its guarantor or provide new assets or properties under
mortgage or pledge in order to secure the loan hereunder.

ARTICLE 10  REPRESENTATION AND WARRANTIES

The Borrower represents and warrants as follows:

1.    It is a corporation duly incorporated and validly existing.

2.    It has obtained all the authorization required to execute this Contract.

                                       4
<PAGE>

3.    All the documents, materials, reports and vouchers provided by it to the
      Lender are accurate, true, complete and valid.

4.    It has not concealed any of the following events, existed or ongoing,
      which may have an influence on the judgment of its ability to perform this
      Contract:

      (1)   Material irregular or illegal events or recourse claims
            involving the Borrower or its major leadership;

      (2)   Any event of default under other contracts to which the
            Borrower is a signing party;

      (3)   The debt borne by the Borrower, the contingent debt, or the
            mortgage or pledge provided to a third party;

      (4)   Pending litigation or arbitration;

      (5)   Other conditions that may affect the financial status and the
            repayment ability of the Borrower.

THE BORROWER UNDERTAKES THE FOLLOWS:

1. To provide the latest financial statement every month upon the request of the
Lender; to provide the audited financial report for the first half year in the
first quarter of each year; to provide the documents and materials including,
but not limited to, the operational status, financial reports and statements of
the Borrower at any time upon the request of the Lender.

2. In the event that the Borrower has entered into or will enter into a counter
guarantee agreement or a similar agreement with the guarantor under this
Contract with regard to the Guarantor's guarantee liability, such agreement will
not infringe upon any right of the Lender under this Contract.

3. To accept the examination and supervision by the Lender on credit, and to
render adequate assistance and cooperation for such purpose.

4. In the event that the Borrower will reduce its registered capital or carry
out a material change to its asset ownership or a material adjust of its
business operations (including but not limited to, foreign investment or
cooperation; separation, merger, acquisition or takeover; establishment of a
joint stock company through restructuring, sponsoring or reforming; changing the
type of business operations concerning leasing, contracting, affiliation or
custody), the consent of the Lender must be obtained.

5. The Borrower shall not dispose self proprietary assets by way of reducing its
ability to make repayment. In the event that the Borrower will provide guarantee
or security by mortgaging or pledging its own assets for a third party, the
Borrower will notify the Lender promptly, and undertakes that the total amount
of the loan secured by such security will be no more than twice of its net
assets.

                                       5
<PAGE>
6. The repayment of the loan to the lender shall take priority over repayment of
loans of shareholders by the Borrower, and shall not be subordinate to that of
loans of the same type provided by other creditors.

7. The Borrower undertakes that it will notify the Lender promptly if any of the
following events occur:

        (1) A default has occurred under this Contract or any other
        contract;

        (2) There is a change in the subordination relationship, the senior
        management, the articles of association of the Borrower, or a
        substantial adjustment of the internal structure of the Borrower;

        (3) The Borrower has encountered a difficulty in its business
        operations, or the Borrower's financial conditions have
        deteriorate;

        (4) The Borrower is involved in material litigation or
        arbitration;

        (5) The Borrower's ability for repayment has been otherwise
        affected.

8. The Borrower shall deposit an amount of funds adequate for repayment at least
3 days prior to the expiry of the repayment period for the principle and
interest thereof of each instalment of loan.

9. The relevant settlement matters of the Borrower under the present facility
shall be dealt with by the Lender or other branches of Bank of China, whose
settlement volume should meet the requirement of the Lender.

10. In the event that the net profit after tax of an accounting year is nil or
negative, or the profit after tax is inadequate for making up the losses
accumulated in the previous accounting years, or the profit before tax has not
been used for the repayment of the principle, interest and expenses due in that
accounting year, or the profit before the tax is inadequate for the repayment of
the principle, interest and expenses of the next instalment of loan, the
Borrower shall not distribute dividends or bonus to its shareholders in any
form.

11. Registration of loans in foreign currency, approval for repayment of the
principle and interest and other procedures shall be conducted with the foreign
reserve administrative bureau promptly.

Article 11  Events of Default and Disposal Thereof

In the event that the Borrower fails to repay the interest in full on time,
the Lender is entitled to calculate a compound interest with respect to the
outstanding interest in line with the interest settlement method for the
principle of the loan.

In the event that there is a delay in the repayment of the principle or the
interest thereof, the Lender is entitled to collect a punitive interest with
respect to the amount overdue by a proportion of 30% based on the original
interest rate from the date on which the repayment becomes overdue. In the event
that a floating interest rate has been adopted for the loan, the interest rate
for the overdue loan shall be calculated based on the new floating interest
rate, and

                                       6
<PAGE>
the original floating period and the method for floating interest calculation
shall remain unchanged; in the event that a fixed interest rate has been adopted
for the loan, the interest rate for the overdue loan shall be calculated based
on the interest under the original loan agreement.

In the event that the Borrower fails to utilize the loan in accordance with
this Contract, the Lender is entitled to collect a default fine with respect to
the loan being embezzled by a proportion of 50% based on the original interest
rate.

If any of the following events occur, the Lender is entitled to stop the
Lender from withdrawing the balance amount or cancel the balance amount under
the facility, and announce that all the principle and interest thereof under
this Contract become due immediately:

1. The Borrower has delayed in repaying the principle and interest thereof for
more than 30 days;

2. The amount not repaid or embezzled by the Borrower has reached a total of
US$500,000;

3. The statements of the Borrower set forth in Article 11 is inauthentic or
contrary to its undertakings;

4. A default by the Borrower has occurred under other contracts;

5. A default by the guarantor, mortgagor or pledger occurred under the security
agreement has affected the Borrower's ability to perform its obligations under
this Contract;

6. The Borrower has terminated its business operations, or has been dissolved or
abolished, or has become bankrupt.

7. The financial conditions of the Borrower or the Guarantor have deteriorated
dramatically.

8. The mortgaged or pledged property has depreciated or has been damaged,
destroyed, sealed or frozen, and the Borrower has failed to provide new security
upon the request by the Lender;

9. There is a significant delay in the project construction, or the construction
expenditure of the project has exceeded the budget as permitted by the Lender;

10. The construction quality of the project has failed to meet the standards of
the state or the industry.

Article 12  Transfer

The Borrower agrees that any amount to be repaid by the Borrower under this
Contract can be transferred directly by the Lender from the bank account opened
by the Borrower with any branch of Bank of China.

                                       7
<PAGE>

Article 13  Tax

The tax and expenses in connection with the execution, performance and
resolution of disputes of this Contract, including but not limited to, stamp
duty, interest withholding tax, litigation costs, enforcement costs, legal
service fee and certification fee shall all be paid or repaid by the Borrower.

Article 14  Set-Off, Transfer and Reservation of Rights

The Borrower shall pay in full all the amount due under this Contract and shall
not claim for set-off unless it has been consented by the Lender otherwise.

In absence of a written consent by the Lender, the Borrower shall not transfer
its obligations under this Contract to a third party.

Any tolerance, indulgence, favourite or delayed exercise of any right under this
Contract rendered by the Lender to the Borrower shall not affect, infringe upon
or limit any right or interest of the Lender under this Contract and the laws
and regulations, and shall not be regarded as a waiver of the Lender to its
rights or interests under this Contract, and shall not exempt the Borrower from
any of its obligations under this Contract.

Article 15  Amendment and Rescindment

This Contract can be amended, supplemented or rescinded upon mutual agreement by
both Parties in writing. Any amendment or supplement to this Contract shall
constitute an integrated part of this Contract.

The invalidity of any clause of this Contract shall not affect the validity of
any other clause.

Article 16  Applicable Law, Dispute Resolution and Jurisdiction

This Contract shall be governed by the law of the P.R.C.

Any dispute or controversy arising out of or in respect of this Contract shall
be resolved through friendly consultations by both Parties. In case of a failure
in consultations, both Parties agree to resolve the dispute through method
number (1) as set forth below:

      (1).  To bring a lawsuit before the people's court in the place where the
            Lender is premised.

      (2).  To submit the dispute to the arbitration tribunal of _ /_.

Article 17 Attachment

                                       8
<PAGE>

The following attachments and any other attachment as mutually confirmed by both
Parties shall constitute an integrated part of this Contract, and have the same
effect of this Contract.

(1) Loan Receipts; and

(2) Letter of Undertakings.

Article 18 Effectiveness of Contract

This Contract shall become effective upon the execution by the legal
representative or the authorized person of each Party and being sealed.

This Contract shall be executed in two counterparts with one copy to be held by
each Party, and the two counterparts shall have the same effect.

Article 19 Special Notice

The Borrower has consulted with the Lender sufficiently with respect to all the
clauses of this Contract.

The Lender has brought to the Borrower's special attention on all the clauses
concerning the rights and obligations of each Party, and requested the Borrower
to comprehend such clauses fully and accurately. The Lender has explained the
aforesaid clauses upon the request by the Borrower.

Each Party to this Contract has exactly the same understanding of the clauses of
this Contract.

Borrower: (Company seal)                  Lender: (Bank seal)

By legal representative (or authorized    By legal representative (or authorized
person) :                                 person) :

(Xiaofeng Peng seal)                        /s/  Yongxin Li
--------------------                      ---------------
February 5, 2007                          February 5, 2007

                                       9

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