CBAK Energy Secures Nearly USD7 Million Order From Renowned European Client
CBAK Energy Technology, Inc. (CBAT)
Company Research
Source: PR Newswire
DALIAN, China, June 14, 2024 /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 subsidiary, Dalian CBAK Power Battery Co., Ltd. ("CBAK Power") has secured an order valued at almost USD7.0 million from a Renowned European Client (the "Partner").Founded in Europe, the Partner has been sourcing cylindrical batteries from CBAK Energy for orders valued close to USD55.0 million.Yunfei Li, Chairman and Chief Executive Officer of CBAK Energy, commented, "We are pleased to receive another significant-sized order from our long-term partner, demonstrating the recognition of our battery products by one of our industry-pioneering customers renowned for their manufacturing excellence. We are committed to innovating and delivering high-quality and high-performance batteries to capture more market share and consolidate our leadership position.
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News
- CBAT: Weathering the challenges in the battery cell market. Maintaining a $2.50/share target. [Yahoo! Finance]Yahoo! Finance
- Should You Investigate CBAK Energy Technology, Inc. (NASDAQ:CBAT) At US$1.01? [Yahoo! Finance]Yahoo! Finance
- CBAK Energy Technology, Inc. (CBAT) Q2 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- CBAK Energy Reports Second Quarter and First Half 2024 Unaudited Financial ResultsPR Newswire
- CBAK Energy to Report Second Quarter & First Half 2024 Unaudited Financial Results on Friday, August 9, 2024PR Newswire
CBAT
Earnings
- 8/9/24 - In-Line
CBAT
Sec Filings
- 8/12/24 - Form 10-Q
- 8/12/24 - Form NT
- 8/9/24 - Form 8-K
- CBAT's page on the SEC website