EX-99.8 13 exhibit99-8.htm EXHIBIT 99.8

Exhibit 99.8

Summary of Loan Agreement Entered into by and between Shenzhen BAK Battery Co., Ltd. (“the Company”) and Tianjin BAK New Energy Research Institute Co., Ltd. (the “Creditor”) on October 16, 2012

Main articles:

- Loan principal: RMB 8.6 million;

- Loan Term: October 16, 2012 to October 15, 2014;

- Non-bank and non-interest loan;

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

Headlines of the articles omitted

- Loan arrangement

- Payment of the loan

- Payment extension

- Prepayment

- Modification, Amendment and Termination of Contract

- Other agreements

- Validity