**Summary      of Comprehensive Credit Facility Agreement of Maximum Amount Entered into by      Shenzhen BAK Battery Co., Ltd (the “Company”) and Shenzhen Branch, China CITIC      Bank Co., Ltd (the “Creditor”) on May 9th, 2008**

**M**
**ain      contents: **

| Ø | Contract                number: (2008)ShenYinSun                ZongZi 003; |
|--------|----------------------------------------------------------------------------------|

| Ø | Term:                from May 9th,                2008 to Nov.9th,                2008; |
|--------|-----------------------------------------------------------------------------------------|

| Ø | Adjustment                of credit can be made by China Citic Bank under any of the                followings: |
|--------|-----------------------------------------------------------------------------------------------------------------|

|   | n | The                Company suffers severe operational risk or                difficulties; |
|--------|---|--------------------------------------------------------------------------------------------|

|  | n | Occurrence                of great changes in the Company’s operational system (including dividing,                merging, closing etc.)  |
|--|---|-------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | n | The                Company’s payment ability is obviously weakened, the risk of repayment                increased; or occurrence of delay in repaying the                loan; |
|--------|---|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | n | Occurrence                of great changes in market; |
|--------|---|-------------------------------------------------------|

|   | n | Occurrence                of other situations that the Creditor thinks adjustment of credit                facility                is necessary. |
|--------|---|--------------------------------------------------------------------------------------------------------------------------------------------------|

| Ø | Breach                of contract: providing false information for hiding the actual condition                of the Company; the Company’s credit rate deteriorates, and its ability of                repayment is obviously weakened; breach of the obligations agreed                in the                sub-contract under this contract; breach of other obligations agreed                in                the contract; |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ø | Breach                of contract penalty: suspension or reduction of credit facilities,                till                cancellation of all approved credit facilities; declaration of all                or part                of the credit facilities becoming mature in advance to its original                expiry                date; require the Company to compensate for all the                loss; |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Headlines      of the articles **
**omitted      **

| Ø  Definition                and explanation                    |
|--------------------------------------------------------------------------------|
| Ø  The                guaranty of the loan under this Agreement |
| Ø  Other                rights and obligation                   |
| Ø  Expenses                                                     |
| Ø  Validity                                                     |
| Ø  Notification                                                 |
| Ø  Effectiveness                                                |
| Ø  Text                                                         |
| Ø  Supplemental                                                 |

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