Shenzhen BAK Battery Co., Ltd and China CITIC Bank Short-Term Working Capital Loan Certificate (June 2007)

Contract Categories: Business Finance Loan Agreements
Summary

Shenzhen BAK Battery Co., Ltd has entered into a short-term loan agreement with China CITIC Bank for RMB 50,000,000. The loan is intended for working capital purposes and is effective from June 20, 2007, to June 20, 2008. The agreement confirms the approval and transfer of funds to the borrower's account. Both parties have signed and stamped the certificate, formalizing the terms and obligations of the loan.

EX-10.13 14 v082897_ex10-13.htm
Shenzhen Commercial Bank
Loan Certificate
 
Loan date: June 20, 2007
 
Applicant
 
Shenzhen BAK Battery Co., Ltd
 
ID card of the Applicant
 
73109958-5
Currency
 
RMB
 
Amount
 
50,000,000
Loan Term
 
From June 20, 2007 to June 20, 2008
Credit Facility Agreement No.
 
(Shuibei) Shouxinzi (2007) No. A110020700007
Usage
 
Working Capital
 
Loan type
 
Short-term
Signature of Applicant
 
Stamp of Applicant
 
Signature of China CITIC Bank
 
Stamp of China CITIC Bank
/s/ Xiangqian Li
 
 
 
/s/Faling Wei
 
 
 
The above loan has been approved to transfer to your account.
Lending Bank: (Stamp)