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Exhibit 99.5

Summary of Loan Agreement Entered into by and between BAK International
(Tianjin) Limited (the Company) and Tianjin Branch, Bank of Dalian (the Creditor)

dated October 27, 2010

Main contents

| | Contract number: DLLJin 201010270023;                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
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| | Loan principal: RMB 40 million;                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
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| | Loan term: from October 27, 2010 to October 26, 2011;                                                                                                                                                                                                                                                                                                                                                                                                                                                         
| |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
| | Floating interest rate: annually 6.116%, rate adjustment in one month cycle;                                                                                                                                                                                                                                                                                                                                                                                                                                  
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| | Purpose of the loan is to provide working capital for the Company;                                                                                                                                                                                                                                                                                                                                                                                                                                            
| |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
| | Advanced repayment of loan needs to be approved by the Creditor;                                                                                                                                                                                                                                                                                                                                                                                                                                              
| |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
| | Breach of contract penalties: correct the breach of contract in time limit; suspension of loan unprovided; release loan agreement, demand prepayment of loan principal and interest before maturity; imposition of punitive interest
incurred due to delayed loan; imposition of punitive interest for embezzlement of loan; imposition of plural interest for unpaid interest; compensation for the Creditors expenses incurred due to demanding the loan principal and interest in
case of litigation, etc.

Headlines of the articles omitted:

- Loan arrangement
- Interest clearing of the loan
- Payment of the loan
- Insurance
- Rights and obligation of the Creditor
- Declaration and undertaking of the Company
- Interest penalty of loan
- Guarantee of the loan agreement
- Disputation settlement
- Notification

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