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Zhongli Group intends to acquire Bak share and has the target of new energy power battery industry.

In a few days ago, Zhongli Group announced that to buy Shenzhen Bak Power battery Co., LTD. 3. 41% stake of Tibet Ozner Trade co., LTD by self-raised funds of RMB 3.500 million yuan. After the completion of the transaction, Bick Power Company shares increased from 4.88% to 8.29%.

The group is mainly engaged in light, cable the whole industrial chain special communications equipment manufacturing, new energy, photovoltaic three big businesses. Among them, the photovoltaic (pv) of new energy businesses, in addition to the stable development of solar energy battery- a component manufacturing operations, the photovoltaic power station development for poverty alleviation (EPC) + distributed as the key point of the development of the photovoltaic power station business.

Announcement in 2018, the company in the field of new energy industry business plan: will use the platform through the way of capital operation of listed companies, to acquire new energy power battery business, is advantageous to the extension in new energy industry layout, promote transformation and upgrading of the company and further improve the company's total market capitalization and profitability.

's power is an enterprise for many years, in the field of deep power battery in industry accumulation, the formation and accumulation of the technology in the field of power battery reserves, especially in the ternary material lithium battery field has significant advantages. The further acquire Bick power, is beneficial to expand our influence on Bick power, into the layout of new energy power battery industry, new energy industry development strategy is to achieve the company long-term layout necessary behavior, in the interests of the company and all shareholders.

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Huang | Director of R&D

With 20+ years of experience in lithium battery engineering, Huang specializes in battery selection, system design, and certification compliance for industrial and device-level applications.

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