Document:

Exhibit
      10.41

     

    Summary
      of Loan Agreement by and between Shenzhen BAK Battery Co., Ltd. and Shenzhen
      Eastern Branch, Agricultural Bank of China dated July 2,
      2007.

     

    Summary
      of the main articles 

     

    
      	
              ·

            	
              Contract
                number: NO.81101200700001183

            

    

    
      	 	 

      	
              ·

            	
              Loan
                Principal: RMB100 million;

            

      	 	 

    

    
      	
              ·

            	
              Loan
                term: twelve months starting from the date loan is actually provided
                to
                the Company.

            

    

    
      	 	 

      	
              
                ·

              

            	
              Floating
                interest rate: annually 6.57%, subject to the changing of the benchmark
                rate of People’s Bank of China. 

            

      	 	 

    

    
      	
               

            	
              ·

            	
              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.

            

    

    

    Summary
      of the 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

            

    

    
      	 	 

      	
              ·

            	
              NotesExhibit
      10.42

     

    Summary
      of Loan Agreement by and between Shenzhen BAK Battery Co., Ltd. and East Branch,
      Agricultural Bank of China dated August 27 , 2007.

     

    Summary
      of the main articles 

     

    
      	
              
                ·

              

            	
              Contract
                number: NO.81101200700001547

            

    

    
      	 	 

      	
              
                ·

              

            	
              Loan
                Principal: RMB 40 million;

            

      	 	 

    

    
      	
              
                ·

              

            	
              Loan
                term: twelve months starting from the date loan is actually provided
                to
                the Company.

            

    

    
      	 	 

      	
              
                ·

              

            	
              Floating
                interest rate: annually 7.722%, 110% of the benchmark rate announced
                by
                the People’s Bank of China;

            

      	 	 

    

    
      	
               

            	
              ·

            	
              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.

            

    

    

    Summary
      of the 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

            

    

    
      	 	 

      	
              
                ·

              

            	
              NotesExhibit
      10.43

     

    Shenzhen
      Development Bank

    Loan
      Certificate

    July
      2,
      2007

     

    
      	
              Applicant

            	 	
              Shenzhen
                BAK Battery Co., Ltd

            
	 	 	 	 	 	 	 
	
              Currency

            	 	
              RMB

            	 	
              Amount

            	 	
              150,000,000

            
	 	 	 	 	 	 	 
	
              Loan
                Term

            	 	
              From
                July 2, 2007 to January 2, 2008

            
	 	 	 
	
              Usage

            	 	
              Working
                Capital

            
	 	 	 
	
              Annual
                rate

            	 	
              5.85
                %

            
	 	 	 	 	 	 	 
	
              Signature
                of Applicant

            	 	
              Stamp
                of Applicant

            	 	
              Signature
                of Shenzhen Development Bank

            	 	
              Stamp
                of Shenzhen Development Bank

            
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
              /s/
                Xiangqian Li

            	 	 	 	
              /s/
                Teshang Chen

            	 	 

    

    
       

      Signature
        of the President of Shenzhen Development Bank: /s/ Bo YuExhibit
      10.44

     

    Shenzhen
      Branch, Bank of China 

    Loan
      Certificate (1)

    Date:
      August 14, 2007

     

    
      	
              Applicant

            	 	
              Shenzhen
                BAK Battery Co., Ltd

            	 	
              ID
                card of the Applicant

            	 	
              73109958-5

            
	 	 	 	 	 	 	 
	
              Currency

            	 	
              RMB

            	 	
              Amount

            	 	
              30,000,000

            
	 	 	 	 	 	 	 
	
              Loan
                term

            	 	
              From
                August 14, 2007 to August 13, 2007

            
	 	 	 
	
              Usage

            	 	
              Working
                Capital

            
	 	 	 
	
              Annual
                rate

            	 	
              6.156%

            
	 	 	 	 	 	 	 
	
              Signature
                of Applicant

            	 	
              Stamp
                of Applicant

            	 	
              Signature
                of Bank of China

            	 	
              Stamp
                of Bank of China

            
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	
              /s/
                Xiangqian Li

            	 	 	 	 	 	 

    

    

    The
      above
      loan has been approved to transfer to your account.

    Lending
      Bank: (Stamp)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00134-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00134-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00134-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00134-of-00352.parquet"}]]