Shenzhen Ping An Bank Loan Certificate for Shenzhen BAK Battery Co., Ltd. (October 22, 2007)
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Summary
Shenzhen BAK Battery Co., Ltd. has entered into a loan agreement with Shenzhen Ping An Bank for a short-term loan of RMB 55,000,000. The loan is intended for working capital and carries an annual interest rate of 6.561%. The loan term runs from October 22, 2007, to October 22, 2008. The bank has approved and transferred the loan amount to the applicant's account. Both parties have stamped the certificate to confirm the agreement.
EX-10.10 9 v101568_ex10-10.htm
Shenzhen Ping An Bank
Loan Certificate
Date: October 22, 2007
| Applicant | Shenzhen BAK Battery Co., Ltd | ID card of the Applicant | ||||||
| Currency | RMB | Amount | 55,000,000.00 | |||||
| Loan Term | From October 22, 2007 to October 22, 2008 | |||||||
| Usage | Working Capital | |||||||
| Annual rate | 6.561% | Loan type | Short-term | |||||
| Reference Contract | Shen shangyin (Shuibei) Shouxinzi (2007) A110020700007 | |||||||
| Stamp of Applicant | Stamp of Shenzhen Ping An Bank | |||||||
The above loan has been approved to transfer to your account.
Lending Bank: (Stamp)
