Shenzhen Development Bank
Loan Certificate (1)
December 12, 2007
Signature of the President of Shenzhen Development Bank: /s/ Bo Yu
Applicant
Shenzhen BAK Battery Co., Ltd
Currency
RMB
Amount
50,000,000.00
Loan Term
From December 12, 2007 to December 12, 2008
Usage
Working Capital
Annual rate
7.29 %
S i g n a t u r e o f
Applicant
Stamp of Applicant
Signature of Shenzhen
Development Bank
Stamp of Longgang Branch,
Shenzhen Development Bank
/s/ Xiangqian Li
/s/ Tezheng Chen