Exhibit 10.20
English Translation
PURCHASE CONTRACT
Contract No: YGC060602001
This Contract is entered into by and between both parties in accordance with the Contract Law of the People’s Republic of
China and other applicable laws and regulations and through friendly negotiations:
The Purchaser shall advance 25% of the total contract price to the Supplier for the fist batch of products on or before June 5,
2006 and shall advance 25% of the total contract price to the Supplier for the second batch of products on or before June 30,
2006. When the contract for the first and second batch of products becomes effective, the Purchaser shall pay up 95% of the
total contract price for these products.
The Purchaser shall pay up the remaining 5% contract price of products within six (6) months.
Products shall be inspected and accepted according to the specific contract.
Products shall be transported by means of trucks. The cost of package shall be paid by the Supplier and the cost of
transportation shall be paid by the Purchaser.
Subject to the specific contract.
The Supplier will provide one year of free warranty service (except for any damage caused by human act, and the period of free
warranty service for vacuum pump shall be half a year), and will provide life-long warranty service.
The Supplier shall issue a valid VAT invoice within seven (7) days upon shipment of each batch of products.
Authorized Representative of Supplier: Wang Feng
Seal of Supplier: Beijing Oriental Keyuan Crystal Technology Co., Ltd. (Seal)
Date: June 2, 2006
Authorized Representative of Purchaser: /s/
Supplier: Beijing Oriental Keyuan Crystal Technology Co., Ltd.
Purchaser: Zhejiang Yuhui Solar Energy Source Co., Ltd.
Add.: Zhang Jia Wan Town Development Zone, Tongzhou
District, Beijing
Add.: Yaozhuang Industrial Park, Jiashan County, Zhejiang
Banker: Beijing Bank, Jiulong Shan Sub-branch
Banker:
A/C No.: 900120109077097
A/C No.:
Tel: 010-6