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0.091734693877551 0.255102040816326 0.224489795918367 0.326530612244898 0.0918367346938775 0.112244897959184 0.173979591836735 0.112244897959184
Stock impact report

CBAK Energy Technology, Inc. Announces Significant Orders from Anker Innovations, totaling around USD 30 Million to 35 Million

CBAK Energy Technology, Inc. (CBAT) 
Company Research Source: PR Newswire
DALIAN, China, Dec. 27, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy" or the "Company"), a leading manufacturer of lithium-ion and sodium-ion batteries and electric energy solutions in China, today announced that its wholly-owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. ("Nanjing CBAK"), has secured substantial orders from Anker Innovations Technology Co., Ltd. (Shenzhen Stock Exchange: 300866, "Anker Innovations"), one of the Chinese global intelligent hardware brand enterprises with the largest revenue scale. The Company has received orders in 2024 with a total value approximately between RMB 200 million and RMB 250 million, or around USD 30 million to USD 35 million.Since 2022, Anker Innovations has consistently placed orders for battery cells, becoming CBAK Energy's Top 5 customer. The majority of these orders consist of Model 32140 large LFP cylindrical batteries, which are integral to Anker Innovations' portable power supply prod Show less Read more
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