**Exhibit      10.1**

**Summary      of Comprehensive Credit Facility Agreement of Maximum Amount (Comprehensive      Agreement) entered into between Shenzhen BAK Battery Co., Ltd (“the Company”)      and Shenzhen Branch, China CITIC Bank (“the Creditor”) on March 14,      2007.**

**Summary      of main contents: **

| · | Contract                number: No. 2007Shenyin sun’ezi 002 |
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| · | Maximum                amount for credit facilities to be provided: RMB 200 million; |
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| · | Loan                Term: from March 14, 2007 to March 14, 2008; |
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| · | Interest                rate of loan shall be subject to each loan agreement/contract to                be                signed; |
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| · | The                Company shall apply for using the credit facilities within three                months,                otherwise, the Creditor is eligible to terminate all/part of the                credit                facility under the agreement; |
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| · | Adjustment                of credit can be made by the Creditor under the any of the                following: |
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| (i)   | The                industry the Company locates severely                deteriorates; |
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| (ii)   | The                Company does not provide true financial statement and other material                information relating to its                business; |
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| (iii)   | The                Company suffers severe operational risk or its financial situation                severely deteriorates; |
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| (iv)   | The                Company does not accept related settlement service and deposit service                offered by the Creditor. |
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| (v)   | The                Company shall not change the use of loan without prior consent of                the                Creditor; |
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| (vi)   | The                Company defaults the repayment of the credit facility offered by                the                Creditor; |
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| (vii)   | Without                prior consent of the Creditor, the Company implements or commences                to                implement, among other things, any merger, split or joint venture                that                could influence the right of the                Creditor. |
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| (viii)   | The                Company is involved in any material litigation or                arbitration; |
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| (ix)   | The                officers of the Company are involved in material corruption, bribery,                malpractice or other illegal case; |
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| (x)   | The                Company does not implement its obligations under Comprehensive Agreement                or loan agreements executed under Comprehensive                Agreement; |
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| (xi)   | The                Company is in breach of any contract signed with any other                creditor. |
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| · | Breach                of contract penalty: cancellation or reduction of credit, cancellation                of                unused credit; demand prepayment of loan and other measures; demand                additional guaranty, or take other measures that is necessary to                secure                the Creditor’s rights; deduct the loan payment from the Company’s other                accounts at the Creditor and its                affiliates. |
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**Headlines      of articles omitted:**

| · | Credit                amounts and types |
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| · | Use                of the line of credit |
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| · | Representations                and undertakings of the Creditor |
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| · | Representations                and undertakings of the Company |
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| · | Adjustment                or cancellation of the line of                credit |
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| · | Guaranty                of contract Breach of contract penalty |
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| · | Effectiveness,                amendment or expiry |
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| · | Dispute                settlement Miscellaneous |
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