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
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CBAT
News
- CBAK Energy Technology receives orders from Anker Innovations, shares up over 26% [Seeking Alpha]Seeking Alpha
- CBAK Energy Technology (NASDAQ:CBAT) Shareholders Will Want The ROCE Trajectory To Continue [Yahoo! Finance]Yahoo! Finance
- Battery Management System Business Research Report 2024: Global Market to Grow by $17.1 Billion by 2030, Expansion of Smart Grid Infrastructure, and Adoption of EVs [Yahoo! Finance]Yahoo! Finance
- One Analyst Just Shaved Their CBAK Energy Technology, Inc. (NASDAQ:CBAT) Forecasts Dramatically [Yahoo! Finance]Yahoo! Finance
- While shareholders of CBAK Energy Technology (NASDAQ:CBAT) are in the black over 5 years, those who bought a week ago aren't so fortunate [Yahoo! Finance]Yahoo! Finance
CBAT
Earnings
- 11/12/24 - Miss
CBAT
Sec Filings
- 12/27/24 - Form 8-K
- 12/9/24 - Form 8-K
- 11/12/24 - Form 10-Q
- CBAT's page on the SEC website