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Comprehensive Credit Facility Agreement of Maximum Amount
(Credit Facility 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 articles:

| | Contract number: DLQ Jin201010270014;                                                                                                                   
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| | Maximum amount of credit facilities to be provided: RMB
      80 million;                                                                               
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| | Term: from October 27, 2010 to January 26,
2012;                                                                                                        
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| | Purpose of the loan is to provide working capital for the
      Company;                                                                                
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| | If any of the following occurs, the Creditor is entitled
      to demand adjustment of the maximum amount of credit facilities:                         
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| | Remedies in the event of breach of contract include
      adjustment of the credit amount, suspension of credit, and cancel the
      credit unprovided.

Headlines of the articles omitted

- The procedure on using the comprehensive credit facility
- Guaranty
- The obligations of the Creditor
- The obligations of the Company
- Declaration and undertaking of the Company
- Increase to the maximum amount of credit facilities
- Amendment and termination of Contract
- Supplemental Agreement
- Disputation settlement Validity
- Validity

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