Shareholders Repayment Plan between Quan Ji, Qimei Li, and Anhui Renrenjia Solar Energy Co., Ltd.

Summary

Quan Ji and Qimei Li, shareholders of Anhui Renrenjia Solar Energy Co., Ltd., agree to repay their respective loans from the company. Each shareholder will repay 40% of their total loan by May 31, 2015, and the remaining 60% by June 30, 2015. The agreement specifies the exact amounts owed and the repayment schedule. The plan is signed by both shareholders and the company, formalizing their commitment to repay the loans within the stated deadlines.

EX-10.14 16 f8k0315ex10xiv_chinaenergy.htm SHAREHOLDERS REPAYMENT PLAN

Exhibit 10.14

 

SHAREHOLDERS REPAYMENT PLAN

 

The shareholders Quan Ji and Qimei Li hereby make the following repayment plan in relation to their loans from Anhui Renrenjia Solar Energy Co., Ltd.

 

Shareholder’s name Total amount of the loan
(as of  30/09/2014)

Repayment by 31/05/2015

(40% of the total )

Repayment by 30/06/2015

(60% of the total )

Quan Ji ¥39,848,541.03 ¥15,939,416.41 ¥23,909,124.62
       
Qimei  Li ¥39,571,286.17 ¥15,828,514.47 ¥23,742,771.7

 

This statement is hereby made.

 

Signatures:  Mr. Quan Ji
  Mrs. Qimei Li
   
  ANHUI RENRENJIA SOLAR ENERGY CO. LTD

 

 

(official seal)

 

01/12/2014