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 sharesNet 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 productsIssued 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 storagelead-acid motive battery products
|
| 1998 |
Tianneng Power was established to commence production of lead-acid motive batteryproducts for electric bikes under ˇ§Tiannengˇ¨ brand name |
| 1986 |
Zhejiang Changxing Storage Battery Factory was established in the form of collectively-ownedenterprise to produce electrode plates and storage ignition battery products for motorcycles |
* Power Active is the subsidiary of New World Liberty China Ventures Ltd.