DISTRIBUTOR
AGREEMENT
Advanced
Energy Industries, Inc., a Delaware corporation, located at 1625 Sharp Point Dr.,
Fort Collins, CO 80525, USA, and its wholly owned subsidiaries (collectively, herein
called "AE") hereby appoints:
HIFINE (CHINA) CO., LIMITED_
_Add.: RM803,
8/F, Easey Commercial Building, 253-261 Hennessy Road, Wan Chai, HK___
____________
(hereinafter
called "DISTRIBUTOR") as a Distributor for the territory below:
___CHINA___