Sinopoly Battery Limited("Sinopoly") is listed on the Main Board of the Stock Exchange of Hong Kong Limited (Stock Code: 00729). Sinopoly and its subsidiaries is a comprehensive high-tech group that principally engages in the production, distribution, sale and research and development (R&D) of Lithium-ion battery and its related products. Sinopoly’s battery products’ primary applications include electric vehicles and energy storage. With sound support of adequate funding resources, leadership from outstanding operational and managerial talents, long-term strategic vision, and world class industry experts, Sinopoly is equipped with advanced technology and production technique to provide reliable energy solutions to customers of various demands. The production bases in Jilin and Tianjin possess the most advanced Lithium-ion battery production line in the PRC, with reference to previous experience and results of various research and analysis, our production bases are equipped with a brand new flow-line production and automatic production flow designed by the industry experts, the overall production efficiency has thus been greatly enhanced to meet the market demand. The total designed annual battery production capacity of the Jilin production base is 120 million AH. The current designed annual battery production capacity of the Tianjin production base is 130 million AH. Furthermore, the area of the production site in Tianjin is approximately 339 mu, where a maximum of 1.5 billion to 2.0 billion AH annual battery production capacity facilities can be built on this production site, and it will be one of the Group’s core production bases in the future. Once both the Jilin and Tianjin battery production bases commence full production, the Group's total designed annual battery production capacity will surge to 250 million AH, enabling the Group to become one of the largest manufacturers of Lithium-ion power battery in China. Equipped with leading researchers, Sinopoly Battery Research Center in Shanghai has a global perspective and is dedicated to technology innovation. It will also provide technical support and service to the production bases in Jinlin and Tianjin, promoting the sustainable growth of Sinopoly by creating new business with new idea. As one of the largest Lithium-ion battery manufacturers in China, Sinopoly’s team is united as one and committed to promote the sustainable development of humanity and the environment by continue to produce battery products of excellent quality, which are also in line with the PRC government’s efforts in reducing energy consumption and carbon emission. |