Exhibit 10.25
SALES CONTRACT
DATE: Jun/29/2006
CONTRACT NO.: K06-10-124/E
SELLER: KOMEX INC.
#1202, VICTORIA B/D, 705-1 YEOKSAM-DONG,
KANONAM-KU, SEOUL, 135-709, KOREA
BUYER : ZHEJIANG YUHUI SOLAR ENERGY
NO 8, EAST RD, BAOQUN, INDUSTRY ZONE,
YAOZHUANG, JIASHAN, ZHEJIANG, CHINA
This contract is made by and between the buyer and the seller, whereby the buyer agree to buy and the seller agree to sell the undermentioned commodity according to the terms, and conditions stipulated below:
(1) GOODS AND | (2) QTY/MONTH | (3) UNIT PRICE | (4) AMOUNT/MONTH | |||||
SILICON MATERIALS | EX-WORK | |||||||
1. | TOP/TAIL | 5,000KGS | US$160.00/KG | US$800,000.00 | ||||
2. | POT SCRAP | 5,000KGS | US$130.00/KG | US$650,000.00 | ||||
3. | BROKEN WAFER 90%
| 7,000KGS
| US$100.00/KG
| US$700,000.00
| ||||
TOTAL | 17,000KGS | US$2,150,000.00 |
(5) PORT OF LOADING : KOREA PORT
(6) PORT OF DESTINATION: CHINA PORT
(7) PRICE TERMS: EX-WORK
(8) CONTRACT PERIOD: FROM AUGUST 2006 TO DECEMBER 2007
(9) PAYMENT: T/T IN ADVANCE
* BENEFICIARY: KOMEX INC.
* NAME CF BANK: SHINHAN BANK TEHERAN BR.
TEL. +822-566-9800
* ACCOUNT NO.: 393-82-103053
* SWIFT CODE : SHBKKRSE
SELLER / KOMEX INC. | BUYER / ZHEJIANG YUHUI SOLAR ENERGY SOURCE CO., LTD | |||
/s/ | /s/ Xianshou Li | |||
C.J. SUK / PRESIDENT | Li Xian Shou / Board Chairman |