Tianneng Power Hosts the 2014 China Electric Vehicle Development …

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Chery QQ3 EV Electric Cars

Tianneng Power Hosts the China Electric Vehicle Summit

Tianneng Power the 2014 China Electric Development Summit

Hong Mar 03, 2014 (Menafn — ACN via COMTEX) —Tianneng Power Limited (Tianneng Power or the one of the leading electric vehicle battery suppliers in China, with its subsidiaries, (the (stock code:819.HK), has recently the 2014 China Electric Development Summit. Zhang Chairman of Tianneng Power, has a speech at the Summit while the current development trends and of the electric vehicle industry industry luminaries and leading

The 2014 China Electric Development Summit co-organised by Automotive News, the Chinese Association, the China Battery Association and the Society of Automotive of China was held in Beijing on 23 Themed Realising the Decisive of the Market — the Choice for China’s Electric Vehicle the Summit has gathered industry seasoned professionals, renowned and senior business executives to the situation, study the policies, experiences and strengthen cooperation. The discussions and enthusiastic exchanges of at the Summit have reflected the in the development of the electric vehicle

Among the highlights of the Summit, Yusheng and Guo Konghui, members of the Academy of Engineering, delivered at the Summit and called for the development of electric vehicles. Mr. Yang while the development of low-speed vehicles in China is primarily by owned enterprises without any subsidy, the national production of low-speed electric vehicles has exceeded 200,000 in 2013 but was to meet demand.

Low-speed vehicles have become the product for the market in line the market development trend. Guo pointed out that the development of electric vehicles can address the of waste and meet the rising from low-to-middle-income groups. the strong demand from and small-to-mid-sized cities for low-speed vehicles has created huge for market growth.

Zhang Tianren, Chairman of Power, said, The knowledge and strengths of the government, industry, and media are essential to the healthy of the electric vehicle industry. an important component in the electric industry chain, Tianneng has been growing and developing with the new energy and electric industry in China. We have the and capability to share our expertise the industry on how to achieve a breakthrough the new opportunities. I, as a representative at the National Congress, also shoulder the to express the views of the industry at the as well as at the Chinese People’s Consultative Conference and provide information for decision-making to the relevant setting departments.

Meanwhile, I believe that we can a new chapter in the development of the electric industry through close and building a platform of exchange setting a clear direction for the development of the new energy and electric industries as well as consistently initiatives to benefit society.

with the accelerating urbanisation in the output sales of electric have increased from in 1998 to around 25 million in Current electric bike has reached 150 million. The strong and scope for growth in the electric industry still persist.

The vehicle industry in China has a key development stage and developing new vehicles has also become a national strategy. Electric form a key sector within the new industry and as an important low-carbon device this sector is set to greater development opportunities. In sales of Chery QQ3 EV electric car by Tianneng power’s batteries are to exceed 10,000.

This situation is creating a environment for the Group’s electric battery business.

Mr. Zhang concluded, The Ministry of Industry and Technology and Ministry of Environmental have been introducing policies in recent years to the supervision, guidance and stricter on the electric battery industry in to raise its average

standards. The development potential and the far-sighted policies and guidance have the Group realise its advantages as an leader through its strong RD which has further helped its market leadership position. As in the we continue to be a pioneer in the energy-saving and protection sector and promote the growth of the industry.

About Tianneng Power Limited

Tianneng Power Limited is one of the largest electric lead-acid motive battery in China. The Group’s lead-acid, hydride, lithium motive and battery products are sold its brand name TIANNENG. the principal activities of the Group are and sale of electric bike batteries, electric car motive and used battery recycle In 2012, the Group was named 200 Best under a Billion by According to the China Light Association’s announcement released in May the Group was ranked No.1 in capabilities in the China battery in 2011.

According to Fortune in July 2013, Tianneng has become the China Top 500 for the first Meanwhile, the Group is the Vice Entity of China Battery Association, Vice Chairman of China Energy Association, Entity of Rechargeable Battery Association of Zhejiang Province, and one of the setters for the Chinese lead-acid industry.

Source: Tianneng Power Limited

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Strategic Relations (China) Limited


Ms. Nan

Tel: (852) 2864

Email: nan.dong@sprg.com.hk

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