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Stock impact report

CBAK Energy Secures Nearly USD7 Million Order From Renowned European Client [Yahoo! Finance]

CBAK Energy Technology, Inc. (CBAT) 
Company Research Source: Yahoo! Finance
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." About CBAK Energy CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, Show less Read more
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