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)

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