|   | Ø | Contract      number: 2009Zhenzhongyinsi Diezi  0011; |
|--------|--------|------------------------------------------------------------|

|   | Ø | In      order to guarantee the indebtedness of Shenzhen BAK Battery Co., Ltd.      (the “Obligor”) towards the Creditor under the Comprehensive Credit      Facility Agreement of Maximum Amount (reference no.: 2009Zhenzhongyin      Exiezi 000024) from March 4th, 2009 to February 3rd, 2010, the      Mortgager agrees to pledge its property to the      Creditor. |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Ø | Scope of Guaranty: The      guaranty shall cover all of the loan principal, interest, penalty      interest, breach of contract compensation, damages, undertaking fee and      all the expenses such as litigation cost, lawyer’s fee, notification cost      and public notice cost etc. which is incurred to the Creditor in realizing      its creditor’s right. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | Ø | Collaterals: The      Mortgager agrees to pledge its machineries and equipments to the      Creditor. |
|--------|--------|-------------------------------------------------------------------------------------------------------|

|   | Ø | Headlines of the articles      omitted: |
|--------|--------|-----------------------------------------|

|   | Ø | Termination      and explanation |
|--------|--------|----------------------------------|

|   | Ø | Payment      on demand |
|--------|--------|------------------------|

|   | Ø | Undertakings      of the Mortgager |
|--------|--------|------------------------------------|

|   | Ø | Validity      of the Creditor’s Right |
|--------|--------|---------------------------------------------|

|   | Ø | Occupancy      of Collaterals |
|--------|--------|-------------------------------|

|   | Ø | Mortgage      Registration |
|--------|--------|----------------------------|

|   | Ø | Realizing      of Creditor’s Right |
|--------|--------|------------------------------------------|

|   | Ø | Declaration      and guaranty of the Mortgager |
|--------|--------|------------------------------------------------|

|   | Ø | Amendment      of the Contract |
|--------|--------|--------------------------------|

|   | Ø | Effectiveness      and Disputation settlement |
|--------|--------|-----------------------------------------------|

|   | Ø | Attachment |
|--------|--------|------------|

|   | Ø | Supplement      articles |
|--------|--------|--------------------------|

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