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...

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;

Maximum amount of credit facilities to be provided: XXX 00 xxxxxxx;

Xxxx: from October 27, 2010 to January 26, 2012;

Purpose of the loan is to provide working capital for the Company;

If any of the following occurs, the Creditor is entitled to demand adjustment of the maximum amount of credit facilities:

The Company provides unture materials;

The financial condition of the Company is in serious difficulty;

The Company does not carry out its obligations;

Occurrence of other instances which endangers or may endanger the safety of the loan provided by the Creditor;

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