Loan Certificate between Agricultural Bank of China and Shenzhen BAK Battery Co., Ltd. (October 11, 2007)

Contract Categories: Business Finance Loan Agreements
Summary

Shenzhen BAK Battery Co., Ltd. has received a loan of RMB 30,000,000 from the Agricultural Bank of China. The loan is to be used for purchasing equipment and machines, with an annual interest rate of 7.65%. The loan term runs from October 11, 2007, to January 25, 2010. The agreement references specific contract and guaranty contract numbers and confirms that the loan amount has been transferred to the applicant's account.

EX-10.13 12 v101568_ex10-13.htm
Agricultural Bank of China
Loan Certificate (3)
 
Date: October 11, 2007
 
Applicant
 
Shenzhen BAK Battery Co., Ltd
 
ID card of the Applicant
   
Currency
 
RMB
 
Amount
 
30,000,000.00
Loan Term
 
From October 11, 2007 to January 25, 2010
Usage
 
Purchase equipments and machines
Annual rate
 
7.65%
Reference Contract No.
 
81101200600001989
 
Reference Guaranty Contract No.
 
81901200600001462; 81902200600005528
Stamp of Applicant
     
Stamp of Agricultural Bank of China
   

The above loan has been transferred to the applicant’s account.