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Brief introduction of Tianneng Group

Tianneng Group was formally established on 1986. The Group is located in Changxing, Zhejiang, the "Green Power and Energy Center of China" at the junction of Jiangsu, Zhejiang and Anhui provinces, less than 200 kilometers away from Shanghai, Hangzhou, Nanjing, Suzhou and Wuhu. Tianneng Power is the largest manufacturer of power batteries in China, mainly engaged in the research, development, manufacture and sales of power batteries such as lead acid, nickel hydrogen and lithium ion, electronic appliances for electric vehicles, and wind energy and solar energy storage batteries. Tianneng Power was successfully listed on the main board of Hong Kong Stock Exchange on June 1 1, 2007, and officially entered the international capital market. At present, the Group has developed into 20 wholly-owned domestic subsidiaries and 3 overseas companies, with annual sales revenue of11520,000 and employees of 15000. The group has five production bases, namely Changxing in Zhejiang, Shuyang in Jiangsu, Wuhu in Anhui, Jieshou in Anhui and Puyang in Henan, with total assets of nearly 6 billion yuan. The company's leading product, electric vehicle power battery, ranked first in the same industry in China for 15 years. So far, it has more than 17000 employees.