Exhibit 10.46

Shenzhen Ping An Bank

Loan Certificate (1)

Date: September 3, 2007

 

Applicant	Shenzhen BAK Battery Co., Ltd	ID card of the Applicant	73109958-5
Currency	RMB	Amount	25,000,000
Loan Term	From Sep.3, 2007 to Sep.3, 2008
Usage	Working Capital
Annual rate	6.318 %	Loan type	Short-term
Reference Contract	Shen shangyin (Shuibei) Shouxinzi (2007) A110020700007
Signature of Applicant	Stamp of Applicant	Signature of Shenzhen Ping An Bank	Stamp of Shenzhen Ping An Bank
/s/ Xiangqian Li

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

Lending Bank: (Stamp)