CBAK Energy Bags Order for its Lithium-ion Battery from Anker Innovations

CBAK Energy Technology, Inc. announced that its wholly-owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd. (Nanjing CBAK), has received a sizeable order from Anker Innovations Technology Co., Ltd.

With an order value of approximately RMB33.58 million, Anker Innovations will incorporate these batteries into its portable power supply units.

Looking ahead, the Company expects subsequent orders from Anker Innovations, which, as a global leader in charging technology listed on the Shenzhen Stock Exchange, is pioneering Power Delivery technology in wireless charging, and portable and wall chargers to charge phones, tablets, and laptops at unprecedented speeds.

Yunfei Li, Chairman and Chief Executive Officer of CBAK Energy, stated, "Our collaboration with Anker Innovations underscores our commitment to delivering high-quality lithium-ion batteries and cements our position as a trusted industry partner. It represents the integration of leading-edge innovation with exceptional electric energy solutions, highlighting our capacity to sustain growth and continue delivering value to our stakeholders."