Production > Research and Development

We dedicate significant resources in research and development to improve the quality and performance of our existing products.

Our research and development activities are focusing on developing clean, durable, safe, light and environmental-friendly products. Our research and development team consists of more than 100 staff, out of which 11 have obtained doctorate or master's degree, or have possessed with professor or senior engineer qualification.

In addition to enhance and further develop our lead-acid motive battery products, we have invested in the research and development of Ni-MH battery products and Li-ion battery products.

We have participated in a Post-doctoral Scientific Research Workstation jointly funded by us and the Zhejiang provincial government since September 2005. This is a programme co-operated with the PRC government for the key research and development of environmental friendly, Ni-MH battery products and Li-ion battery products. The programme is mainly responsible for conducting research on industrial techniques closely related to our business development. Under the programme, we provide funding, determine the research and development topics, select the appropriate post-doctoral graduates to participate in the programme, examine the research results and their commercial applications. At the same time, the programme also promotes the utilisation and standardisation of such techniques in industrial production. Since this programme started off at its preliminary stage, we only incurred approximately [RMB1 million] up to the Latest Practicable Date. The intellectual property rights in respect of newly developed know-how or products will be owned by us.

We have signed a letter of intent and entered into a co-operation agreement with Harbin Industrial University and South-East University for the development of new battery products through their collaboration with us. Under such documents, we provide funding to the universities for research and development purposes and we also recruit suitable technicians or experts on a project specific basis. In return, our research and development teams can make use of the universities' facilities for research and development purposes. According to the letter of intent with Harbin Industrial University, all intellectual property rights of the newly developed know-how or products shall be jointly owned by Harbin Industrial University and us, with the priority given to us to utilise such intellectual property rights. According to the co-operation agreement with South-East University, all intellectual property rights of newly developed know-how or products shall belong to South-East University while the relevant usage rights belong to us.