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China BAK Signs Lithium-ion High-Power Battery Supply Contract with Xidesheng Bicycle

SHENZHEN, China Feb. 24, 2011 Tianjin

As per the supply contract, in calendar year 2011, China BAK will supply 20,000 units of lithium-ion high-power batteries, which will be used to power Xidesheng Bicycle’s lithium-ion electric bicycles. Management expects to receive additional orders from Xidesheng Bicycle.

Xiangqian Li

About XDS Shenzhen X idesheng B icycle Co., Ltd.

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About China BAK Battery Inc.

Shenzhen Tianjin

Safe Harbor Statement

September 30, 2010

For more information, please contact:

Mr. Ke Marcus Cui

China BAK Battery, Inc.

Interim Chief Financial Officer

E-mail: [email protected]

M s . Tracy Li

China BAK Battery, Inc.

Investor Relations Officer

E-mail: [email protected]

M r . Roger Ellis

CCG Investor Relations

Partner & SVP for Market Intelligence

Tel: 310-954-1332

E-mail: [email protected]

SOURCE China BAK Battery, Inc.

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