**Exhibit      10.6**

**Summary      of Loan Agreement entered into by and between Shenzhen BAK Battery Co., Ltd.      and      Eastern Branch, Agricultural Bank of China dated March 5,      2007.**

**Summary      of main contents: **

| · | Contract                number: NO.81101200700000405 |
|--------|------------------------------------------------------|

|   |   |
|--------|--------|

| · | Loan                Principal: RMB65 million; |
|--------|-----------------------------------------------|

|   |   |
|--------|--------|

| · | Loan                term: it is payable in three installments as                follows: |
|--------|------------------------------------------------------------------------------------------|

| · | Interest                rate: 90% of the benchmark rate issued by the People’s Bank of China, i.e.                fixed rate of 5.022%; |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------|

|  | · | Penalty                interest rate for delayed repayment: 5.022% plus 50%                *5.022%; |
|--|--------|-----------------------------------------------------------------------------------------------------|

|  | · | Penalty                    interest rate for embezzlement of loan proceeds: 5.022% *                    2; |
|--|--------|------------------------------------------------------------------------------------------------------------|

| · | Purpose                of the loan is to provide working capital for the Company; |
|--------|-----------------------------------------------------------------------------------|

|   |   |
|--------|--------|

| · | Advanced                repayment of loan needs to be approved by the Lender; |
|--------|-------------------------------------------------------------------------------|

|   |   |
|--------|--------|

| · | Breach                of contract penalties: suspension of loan un-provided, demand prepayment                of loan principal and interest before maturity; imposition of punitive                interest; compensation for the Lender’s expenses incurred due to the                Company’s breach of contract such as lawyer’s fee, travel cost in case of                litigation, etc. |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Headlines      of articles omitted:**

| · | Types                of the loan |
|--------|----------------------------------|

|   |   |
|--------|--------|

| · | Clearing                of the loan interest |
|--------|----------------------------------------------|

|   |   |
|--------|--------|

| · | Condition                precedent to the drawing of the loan |
|--------|---------------------------------------------------------------|

|   |   |
|--------|--------|

| · | Rights                and obligations of the borrower |
|--------|-------------------------------------------------------|

|   |   |
|--------|--------|

| · | Rights                and obligations of the lender |
|--------|-----------------------------------------------------|

|   |   |
|--------|--------|

| · | Guarantee                of the loan |
|--------|--------------------------------------|

|   |   |
|--------|--------|

| · | Dispute                settlement |
|--------|-----------------------------------|

|   |   |
|--------|--------|

| · | Miscellaneous |
|--------|---------------|

|   |   |
|--------|--------|

| · | Validity |
|--------|----------|

|   |   |
|--------|--------|

| · | Notes |
|--------|-------|

----