**Loan      Certificate (1)**

| To                Shenzhen Branch, China CITIC Bank:As                approved by your bank, we borrowed the loan as follows from your                bank.                This loan certificate shall have the same legal force as loan agreement.                This loan certificate shall come into effect when it has been signed                and                stamped by the authorized persons of both parties. |
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|                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |   |   |   |   |
| Applicant                                                                                                                                                                                                                                                                                                                                                                                                                    |   | Shenzhen                BAK Battery Co., Ltd |   | Loan                No. |   | (2007)                Shenying Sundai Zi No. 006 |
| Currency                                                                                                                                                                                                                                                                                                                                                                                                                     |   | RMB |   | Amount |   | 50,000,000 |
| Usage                                                                                                                                                                                                                                                                                                                                                                                                                        |   | Purchase                of raw materials and others |   | Loan                start date |   | April                16, 2007 |
| Loan                Term                                                                                                                                                                                                                                                                                                                                                                                                     |   | 1                year |   | Loan                termination date |   | April                16, 2008 |
| Annual                rate                                                                                                                                                                                                                                                                                                                                                                                                   |   | 5.751% |   |   |   |   |
| Signature                of Applicant                                                                                                                                                                                                                                                                                                                                                                                        |   | Stamp                of Applicant |   | Signature                of China CITIC Bank |   | Stamp                of China CITIC Bank |
| /s/                Xiangqian Li                                                                                                                                                                                                                                                                                                                                                                                              |   |   |   | /s/Faling                Wei |   |   |