Loan Agreement
EX-10.10 12 f8k0315ex10x_chinaenergy.htm LOAN AGREEMENT
Exhibit 10.10
Loan Agreement
Party A: Bengbu Boyuanzhiye Co., Ltd.
Party B: Anhui Renrenjia solar energy Co., Ltd.
Both parties agreed upon the following terms under fair negotiation circumstances.
| 1. | Party A agrees Party B to upgrade and reconstruct the spaces located in the People’s industrial zone of Guzhen County which Party A rented to Party B. |
| 2. | All upgrade and reconstruction expenses will be paid by Party B, but booked as loan to Party A. |
| 3. | All upgrade and reconstruction expenses will be paid separately according to the actual progress, but it will be limited under 4 million Yuan. |
| 4. | Party A has to repay this loan to Party B before Jan, 1 of 2016. |
| Party A: Bengbu Boyuanzhiye Co., Ltd. | Party B: Anhui Renrenjia Solar Energy Co., Ltd. | |
| Signature: | Signature: | |
| Seal: | Seal: | |
| May 1st, 2013 |
