Exhibit 10.32
English Translation
PURCHASE CONTRACT
No: PUR1-0709-247
Place: Wuxi
Party A: Wuxi Suntech Power Co., Ltd
Address: No. 17-6 Chang Jiang South Road, High-tech Development Zone, Wuxi, Jiangsu, China
Legal representative: Shi Zheng Rong
Party B: Zhejiang Yuhui Energy Source Co., Ltd.
Address: No. 8, Baoqun Road, Yaozhuang Town Industrial Park, Jiashan County, Zhejiang Province
Legal representative: Li Xian Shou
As the requirement of business development, Party A intends to purchase from Party B solar energy monocrystalline silicon
wafers and multicrystalline silicon wafers (“Product”). After friendly negotiation, both of the parties have come to following
agreement regarding the procurement and other relevant aspects of the Product:
Article 1 Supply of Product
According to related provisions stipulated in this contract, Party A and Party B have reached an agreement that during the
period from year of 2008 to 2011 (“Period”) Party A shall purchase from Party B, and Part B shall supply to Party A with the
Product as per the price, quantity and quality criterion stipulated in this contract. During the Period, Party A will issue its
purchase orders (“Order”) to Party B to confirm trade condition in terms of price, quantity, and payment for each of the orders.
Article 2 Price of Product
During the period from January to December in year of 2008
Party B will supply Party A with the quasi-square Product with 200µm in thickness, 150mm in diameter, and 125×125mm in height
× width. The average price will be exercised at RMB 48.50 per piece (including tax).
Party B will supply Party A with the quasi-square Product with 200µm in thickness, 165mm in diameter, and 125×125mm in height
× width. The average price will be exercised at RMB 50.50 per piece (including tax).
Party B will supply Party A with the quasi-square Product with over 210µm in thickness, and 156×156mm in height × width. The
average price will be exercised at RMB 79.00 per piece (including tax).
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