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Subsequent Events | 9 Months Ended
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Sep. 30, 2017
Subsequent Events [Text Block] |
22. | Subsequent events
On October 20, 2017, the Company obtained banking facilities from China Everbright Bank with a maximum amount of RMB100 million (approximately $15.0 million) for a period from November 9, 2017 to November 7, 2018. The facilities were secured by 100% equity interest in CBAK Power held by BAK Asia. The facilities also required 50% bank deposit to secure against each borrowings. Under the facilities, on November 10, 2017, the Company borrowed RMB100 million ($15.0 million) and from China Everbright Bank at a rate of 4.505% per annum with a period from November 10, 2017 to November 5, 2018.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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