Shenzhen Development Bank Loan Certificate with Shenzhen BAK Battery Co., Ltd. (July 2, 2007)

Contract Categories: Business Finance › Loan Agreements
Summary

Shenzhen BAK Battery Co., Ltd. has entered into a loan agreement with Shenzhen Development Bank for a loan of RMB 150,000,000. The loan is intended for working capital purposes, carries an annual interest rate of 5.85%, and has a term from July 2, 2007, to January 2, 2008. Both parties have signed and stamped the agreement, confirming their obligations and acceptance of the terms.

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EX-10.43 10 v097140_ex10-43.htm
Exhibit 10.43
 
Shenzhen Development Bank
Loan Certificate
July 2, 2007
 
Applicant
  
Shenzhen BAK Battery Co., Ltd
             
Currency
  
RMB
  
Amount
  
150,000,000
             
Loan Term
  
From July 2, 2007 to January 2, 2008
     
Usage
  
Working Capital
     
Annual rate
  
5.85 %
             
Signature of Applicant
  
Stamp of Applicant
  
Signature of Shenzhen Development Bank
  
Stamp of Shenzhen Development Bank
             
             
/s/ Xiangqian Li
      
/s/ Teshang Chen
    
 
Signature of the President of Shenzhen Development Bank: /s/ Bo Yu