Group History

About Us > Group History

 

2007
  • New production plant in Shuyang commenced production in January
  • 2006
  • Convertible notes fully converted by Power Active* and Prax Capital into shares
  • Net profit exceeded RMB 100 million for the nine months ended 30 September
  • 2005
  • Tianneng Jiangsu and Tianneng Wuhu were set up
  • 2004
  • Tianneng Electronics was established to produce Ni-MH battery products
  • Issued convertible notes to Power Active* and Prax Capital
  • 2003
  • Tianneng Battery was established
  • 1999
  • Tianneng Recycle was established to engage in the recycling and sale of used storage lead-acid motive battery products
  • 1998
  • Tianneng Power was established to commence production of lead-acid motive battery products for electric bikes under ˇ§Tiannengˇ¨ brand name
  • 1986
  • Zhejiang Changxing Storage Battery Factory was established in the form of collectively-owned enterprise to produce electrode plates and storage ignition battery products for motorcycles
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    * Power Active is the subsidiary of New World Liberty China Ventures Ltd.