DALIAN,
China, Sept. 20, 2023 /PRNewswire/ -- CBAK Energy
Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"),
a leading lithium-ion battery manufacturer and electric energy
solution provider in China, today
announced that its wholly-owned subsidiary, Nanjing CBAK New Energy
Technology Co., Ltd. ("Nanjing CBAK"), has received a sizeable
order from Anker Innovations Technology Co., Ltd. (SZ: 300866,
"Anker Innovations"), one of largest third-party accessories
suppliers globally for Apple Inc.'s products.
With an order value of approximately RMB33.58 million, Anker Innovations will
incorporate these batteries into its portable power supply units.
Looking ahead, the Company expects subsequent orders from Anker
Innovations, which, as a global leader in charging technology
listed on the Shenzhen Stock Exchange, is pioneering Power Delivery
technology in wireless charging, and portable and wall chargers to
charge phones, tablets, and laptops at unprecedented speeds.
Yunfei Li, Chairman and Chief
Executive Officer of CBAK Energy, stated, "Our collaboration with
Anker Innovations underscores our commitment to delivering
high-quality lithium-ion batteries and cements our position as a
trusted industry partner. It represents the integration of
leading-edge innovation with exceptional electric energy solutions,
highlighting our capacity to sustain growth and continue delivering
value to our stakeholders."
About CBAK Energy
CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading
high-tech enterprise in China engaged in the development,
manufacturing, and sales of new energy high power lithium batteries
and raw materials for use in manufacturing high power lithium
batteries. The applications of the Company's products and solutions
include electric vehicles, light electric vehicles, electric tools,
energy storage, uninterruptible power supply (UPS), and other
high-power applications. In January 2006, CBAK Energy became
the first lithium battery manufacturer in China listed on
the Nasdaq Stock Market. CBAK Energy has multiple operating
subsidiaries in Dalian, Nanjing and Shaoxing, as
well as a large-scale R&D and production base
in Dalian.
For more information, please visit ir.cbak.com.cn.
Safe Harbor Statement
This press release contains "forward-looking statements" that
involve substantial risks and uncertainties. All statements other
than statements of historical facts contained in this press
release, including statements regarding our future results of
operations and financial position, strategy and plans, and our
expectations for future operations, are forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended. We have attempted to identify forward-looking statements
by terminology including "anticipates," "believes," "can,"
"continue," "could," "estimates," "expects," "intends," "may,"
"plans," "potential," "predicts," "should," or "will" or the
negative of these terms or other comparable terminology. Our actual
results may differ materially or perhaps significantly from those
discussed herein, or implied by, these forward-looking
statements.
The forward-looking statements included in this press release
are made as of the date of this press release and the Company
undertakes no obligation to publicly update or revise any
forward-looking statements, other than as required by applicable
law.
For further inquiries, please contact:
In China:
CBAK Energy Technology, Inc.
Investor Relations Department
Email: ir@cbak.com.cn
Piacente Financial Communications
Ms. Hui Fan
Tel: +86-10-6508-0677
Email: CBAK@thepiacentegroup.com
In the United
States:
Piacente Financial Communications
Ms. Brandi Piacente
Tel: +1-212-481-2050
Email: CBAK@thepiacentegroup.com
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SOURCE CBAK Energy Technology, Inc.