Nanjing Zhongbi New Energy Technology Co., Ltd.

CBAK Energy Group was established in August 2001 and is a globally leading high-tech enterprise integrating the research and development, production and sales of lithium-ion batteries. It was listed on the Nasdaq in the United States in 2006 (stock code: CBAT), making it the first Chinese lithium battery company to be listed on the Nasdaq. CBAK Energy specializes in the production of lithium iron phosphate cylindrical lithium-ion batteries. It has formed an independent intellectual property system in core technical fields such as material system design, product research and development, and production manufacturing. Its products are applied in new energy vehicles, light electric vehicles, home energy storage, mobile energy storage and other new energy application fields.