Agricultural Bank of China Loan Certificate

EX-10.48 15 v097140_ex10-48.htm
Exhibit 10.48
 
Agricultural Bank of China
Loan Certificate
 
Date: July 9, 2007
 
Applicant
  
Shenzhen BAK Battery Co., Ltd
  
ID card of the Applicant
  
73109958-5
             
Currency
  
RMB
  
Amount
  
20,000,000
             
Loan Term
  
From July 9, 2007 to January 25, 2010
     
Usage
  
Working Capital
     
Annual rate
  
6.237%
             
Reference Contract No.
  
81101200600001989
  
Reference Guaranty Contract No.
  
81901200600001462; 81902200600005528
             
Signature of Applicant
  
Stamp of Applicant
  
Signature of Agricultural Bank of China
  
Stamp of Agricultural Bank of China
             
             
/s/ Xiangqian Li
            

The above loan has been approved to transfer to your account.
Lending Bank: (Stamp)