**Summary      of Comprehensive Credit Facility Agreement between Shenzhen BAK Battery Co.,      Ltd. and Shuibei Branch, Shenzhen Commercial Bank (“Commercial Bank”) dated May      15, 2007.**

**Summary      of the articles omitted:**

| Ø | Contract                number: Shen Shangyin (Shuibei) Shouxinzi (2007)                A110020700007 |
|--------|-------------------------------------------------------------------------------------------------------|

| Ø | Maximum                amount for credit facilities to be provided: RMB200                million; |
|--------|----------------------------------------------------------------------------------------------------|

| Ø | Term:                a year starting from May 15, 2007; |
|--------|---------------------------------------------------------|

| Ø | Interest                rate of loan: to be determined by each loan agreement/contract to                be                signed under this credit facility                agreement; |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ø | Adjustment                of credit can be made by the Commercial Bank under the any of the                following: |
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|   | n | The                Company suffers severe operational risk or its financial situation                severely deteriorates; |
|--------|---|-----------------------------------------------------------------------------------------------------------------------------|

|   | n | The                Guarantor’s payment ability is obviously weakened or value of pledged                collaterals decreases obviously; |
|--------|---|------------------------------------------------------------------------------------------------------------------------------------------------|

|   | n | Occurrence                of other instances which make the Commercial Bank think adjustment                of                credit facility is necessary; |
|--------|---|-------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | n | Breach                of contract penalty: adjustment of credit, cancellation of unused                credit,                imposition of punitive interest, demand prepayment of loan and other                measures; |
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| Ø | Special                term: |
|--------|------------------------------|

|   | n | Credit                facilities under the Comprehensive Agreement can only be used for                technical innovation, production equipments improvement and purchase                of                equipments and raw materials. |
|--------|---|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| Ø | Types                of line of credit |
|--------|----------------------------------------|

| Ø | The                use of the line of credit |
|--------|----------------------------------------------|

| Ø | Repayment                of the loan under the line of                credit |
|--------|------------------------------------------------------------------------------|

| Ø | Representation                and warranty of the lender |
|--------|----------------------------------------------------------|

| Ø | Miscellaneous |
|--------|---------------|

| Ø | Applicable                law |
|--------|-------------------------------|

| Ø | Validity |
|--------|----------|