Exhibit 10.39
English Translation
Polysilicon Purchase & Sales Contract
Contract No.: 2007007
Signing date: October 31, 2007
Signing place: Shanghai
Zhejiang Yuhui Solar Energy Source Co., Ltd. (hereinafter referred to as “Party A”) and Daqo New Material Co., Ltd. (hereinafter
referred to as “Party B”), on the basis of equality, free will and fairness, abiding by the principle of long-term cooperation and
mutual development and through friendly negotiations, hereby enter into this Contract, on and subject to the terms and
conditions as set forth below.
1. Subject Matter
Solar grade polysilicon (hereinafter referred to as “Goods”)
2. Quantity (ton), unit price (RMB), total amount (RMB) and delivery term
Total quantity: 1950 -2000 tons
Total amount: subject to actual amount dominated in RMB
Note:
Party A : Zhejiang Yuhui Solar Energy Source Co., Ltd.
Address: 8 Baoqun Road, Yaozhuang Town, Jiashan, Zhejiang Province, China
Tel.: 0573-84773058 Fax: 0573-84773383
Party B: Daqo New Material Co., Ltd.
Address: Chemical Industrial Park, Wanzhou District, Chongqing City, China, Postal Code. 404000
Tel.: 023-58820766 Fax: 023-58820788
Year
2008
2009
2010
2011
2012
Quantity (ton)
150-200
300
500
500
500
Unit price
RMB1700/ton in
the first half year,
RMB 1650/ton in
the second half
year
Two parties shall
negotiate the price
every three month.
Two parties shall
negotiate the price
every three month.
Two parties shall
negotiate the price
every three month.
Two parties shall
negotiate the
price every three
month.
Supply
Jul.~ Dec.,
25-33 ton/month
Jan.~ Dec.,
25 ton/month
Jan.~ Dec.,
42 ton/month
Jan.~ Dec.,
42 ton/month
Jan.~ Dec.,
42 ton/month
1.
The said price includes VAT.
2. Definition of market price: the price of goods (above 10 tons) on domestic spot market.
3. Technical Requirement and Quality Standard.