On October 5, 2011, GE Generators (Pensacola) LLC of the United States and Titan Wind Energy (Suzhou) Co., Ltd. (hereinafter referred to as "Titan Wind Energy" or "the Company") signed and confirmed a purchase contract for wind power tower with order numbers of 620029924, 620029978, and 620029997, respectively. The total contract amount is 63632643.12 US dollars, calculated at the exchange rate of 6.3549 US dollars to RMB on October 5, 2011, which translates into a total amount of 404399100 yuan in RMB.