Shenzhen Ping An Bank Loan Certificate for Shenzhen BAK Battery Co., Ltd. (September 3, 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 25,000,000 RMB. The loan is intended for working capital and carries an annual interest rate of 6.318%. The term of the loan is from September 3, 2007, to September 3, 2008. The agreement is confirmed by signatures and official stamps from both parties, and the funds have been approved for transfer to the borrower's account.
EX-10.46 13 v097140_ex10-46.htm
Exhibit 10.46
Shenzhen Ping An Bank
Loan Certificate (1)
Date: September 3, 2007
| Applicant | Shenzhen BAK Battery Co., Ltd | ID card of the Applicant | 73109958-5 | |||
| Currency | RMB | Amount | 25,000,000 | |||
| Loan Term | From Sep.3, 2007 to Sep.3, 2008 | |||||
| Usage | Working Capital | |||||
| Annual rate | 6.318 % | Loan type | Short-term | |||
| Reference Contract | Shen shangyin (Shuibei) Shouxinzi (2007) A110020700007 | |||||
| Signature of Applicant | Stamp of Applicant | Signature of Shenzhen Ping An Bank | Stamp of Shenzhen Ping An Bank | |||
| /s/ Xiangqian Li | ||||||
The above loan has been approved to transfer to your account.
Lending Bank: (Stamp)
