5 March - Tianneng Electronic changed its name to Zhejiang Tianenng Energy Technology Co., Ltd.
2008
November - Main factory of Zhejiang Tianneng Battery (Jiangsu) New Energy Co., Ltd. basically completed
May - Tianneng Power announced the setting up of Zhejiang Tianneng Battery (Jiangsu) New Energy Co., Ltd. to operate production and sale of wind and solar energy storage batteries
2007
Net profit for the year ended 31 December 2007 exceeded RMB202 million
11 June - Tianneng Power listed on the Main Board of Hong Kong Stock Exchange (stock code: 819)
January - Tianneng Jiangsu started production
2006
Power Active* and PraxCapital converted all convertible notes they held into shares of Tianneng Power and became its shareholders
Net profit for the year ended 31 December 2006 exceeded RMB147 million
2005
Set up Tianneng Jiangsu and Tianneng Wuhu, with the former operating a complete production line of motive batteries and the latter producing electrode plates for motive batteries
2004
Established Tianneng Electronic to produce nickel hydride and lithium ion batteries
Issued convertible notes to Power Active* and PraxCapital
2003
Set up Tianneng Battery, which became the major operating body of the Group after the Group changed its shareholding structure
1999
Established Tianneng Recycle to recycle and sell used storage lead acid motive battery products
1998
Established 天能電源 to produce "Tianneng" brand lead acid motive battery products for electric bikes
1986
The Group's predecessor Zhejiang Changxing Storage Battery Factory founded to produce electrode plates and storage ignition battery products for motorcycles
*A subsidiary wholly-owned by New World Liberty China Ventures Ltd.
