Shenzhen BAK Battery Co., Ltd and Bank of China Loan Certificate (August 14, 2007)
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Summary
Shenzhen BAK Battery Co., Ltd entered into a loan agreement with the Shenzhen Branch of the Bank of China on August 14, 2007. The bank agreed to lend RMB 30,000,000 to the company at an annual interest rate of 6.156%. The loan is intended for working capital purposes. The agreement is signed and stamped by both parties, confirming the transfer of funds to the applicant's account.
EX-10.44 11 v097140_ex10-44.htm
Exhibit 10.44
Shenzhen Branch, Bank of China
Loan Certificate (1)
Date: August 14, 2007
| Applicant | Shenzhen BAK Battery Co., Ltd | ID card of the Applicant | 73109958-5 | |||
| Currency | RMB | Amount | 30,000,000 | |||
| Loan term | From August 14, 2007 to August 13, 2007 | |||||
| Usage | Working Capital | |||||
| Annual rate | 6.156% | |||||
| Signature of Applicant | Stamp of Applicant | Signature of Bank of China | Stamp of Bank of China | |||
| /s/ Xiangqian Li | ||||||
The above loan has been approved to transfer to your account.
Lending Bank: (Stamp)
