Zhengdao develops titanate rechargeable lithium battery -Lithium - Ion Battery Equipment
The first Jiabeisi equity transfer agreement: Zhengdao Power (a wholly-owned subsidiary of the company) intends to sell a 10% equity interest in Jiabeisi to Tibet Huaguan at a consideration of approximately RMB 35,445,600. The second Jiabeisi equity transfer agreement: Zhengdao Power intends to sell a 5% equity interest in Jiabeisi to Yuyao Jiacheng at a consideration of approximately RMB 17.7228 million. The third Jiabeisi Equity Transfer Agreement: Ningbo Meride (a wholly-owned subsidiary of the company) intends to sell 10% equity of Jiabeisi to Zhuhai Panshi at a consideration of approximately RMB 35,445,600.
Zhengdao Group is headquartered in Hong Kong and has a number of subsidiaries around the world. Currently, the group's more eye-catching businesses are the development, production and other related businesses of clean energy vehicles and their batteries, motors, and electronic control systems. The company said that the group is currently focusing on the development of advanced battery materials, including lithium titanate batteries for the group's environmentally friendly vehicles and related businesses. Since the lithium-ion batteries manufactured by Gabes are not fully compatible with electric vehicles designed or recently developed by the Group, lithium titanate batteries are more suitable for assembly into the Group's electric vehicles. As far as the long-term sustainable business development of the Group is concerned, the overall development of the lithium-ion battery business of Kabeth may no longer complement the Group's business, or fail to effectively integrate with the Group's business.(Lithium - Ion Battery Equipment)
Founded in July 2007, Jiabeisi is a national high-tech company specializing in the research, development and manufacture of lithium iron phosphate power lithium batteries. The company has independently developed more than 20 battery products. The company has passed ISO9001, 14001, 18001 and TS16949 certification, entered the company directory of "Automotive Power Battery Industry Standard Conditions", passed the explosion-proof safety certification of mining products, the Tel certification of communication products and the CCS marine product industry certification, becoming a domestic enterprise. One of the first lithium-ion battery manufacturers to have qualification certificates for electric vehicles, mining, communications, marine and other fields. According to the data, on January 10, 2015, Zhengdao Group sold 75% of the equity of Jiabeisi, reducing its investment and business in the lithium-ion battery business.