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Single concentration of lithium battery material main business is expected to fully benefit from the small lithium steady growth of about 10% and electric vehicle battery market starts to bring the explosive growth of the industry boom.

The actual needs of the global total 23,500 tons of 10.4%; the current capacity of the product the company has expanded to 360 tons / month, end of the year is expected to be further raised to 580 tons / month; this company’s sales target of lithium cobalt oxide is about 3,500 tons, accounting for global demand at 13.2% of the total 26,500 tons; with the company’s IPO raise investment projects up to production release, the company with technical quality and customer resources, market share is expected to rise year after year, 5 year target share is expected to increase to 20%.

Lithium material to achieve sales of 27 tons, the first half of this year sales of nearly 10 tons per month, total annual sales estimated at about 500 tons, the current company the products are mainly used in power tools, electric bicycles, and other Sony battery in the field, cut into small electric cars the future research breakthroughs in the field of technology to be the company. Electric cars lithium cathode material great deal of diversity. Present around the ternary system, lithium manganese oxide and lithium iron phosphate cathode material of lithium, etc., what kind of material more suitable for a more competitive still inconclusive. The ability of the cathode material from the density, material cost and resource bottlenecks, such as life and safety of the four key elements of comparison, expects the recent “ternary system lithium manganese oxide +” With the capacity density advantage will accomplish much in a small electric car (Japan and Korea Car manufacturers of the line), and high security, low cost but the ability of low-density lithium iron phosphate (North America and China, some manufacturers prefer) is more suitable for plug-in hybrid electric vehicles, VGP-BPS9  , VGP-BPS8 electric buses and supporting renewable energy storage, etc. volume weight of less demanding on the field.

CITIC Guoan (13.04,0.99,8.22%), funding has been continuing concern to bring lithium batteries continue to be sought after, CITIC Guoan quickly pulled up over 7% in the afternoon, it was reported that U.S. electric car maker’s new plant will be launched by the Chinese battery technology electric vehicles produce lithium-ion batteries Latitude D830 battery , Latitude D620 battery  .

As the lithium battery industry, few have two key links in the chain - upstream and downstream lithium carbonate lithium-ion battery company in the global pursuit of new energy vehicles, the CITIC Guoan considerable investment value of late.

Yesterday afternoon, the public safety industry will promote scientific and technological achievements of public services in Hefei Science and Technology Innovation Centre organized with the intention of looking for the strength of investors and business partners. The reporter saw that the 14 key industrial projects in this promotion, material from the Chinese Academy of Sciences Institute of Hefei, China University of Technology, CLP 38, Anhui Academy of Engineering cycle of economic and technological units. Among them, A1079 , A1148 , A1185  a lot of amazing scientific research is the first public “Zhao Pojia.”

【Universal Battery】

With it, tens of thousands of electric cars cheaper

Cheap, safe, pollution-free, unlimited recycling, if we can achieve these goals, the power can be described as the family car into the ordinary people just around the corner. But the world aiming at such a “universal battery” it? At yesterday’s presentation to highlight the China University of Technology School of Engineering Sciences zinc-air battery Laboratory Dr. Xu Xianzhi told reporters that it could.

“This kind of battery used in electric cars, this car certainly cheaper price of tens of thousands.” Dr Tsui is currently operating with lithium powered buses, for example, this car uses lithium system, more than 10,000 while only a small battery charge, if any charge faster, some slower charge will affect the life and the results, so still need to add an intelligent control system. “So the bus station of pure power, low price certainly can not, because the costs are higher.”

A bus, price may be a million, but the public, a price of more than 100,000 private cars, 20 million, may have to hesitate. Pure electric cars currently on the market, the biggest problem is the battery. “Some of the quality of pass, but life is short, a few years we should change the batteries; some more stable performance, but charge a lot of trouble; there’s to be both, such as some high-end brand concept car, the price is too expensive people can not stand. “and Dr. Xu lithium battery price is only 1 / 5 or 1 / 10, a car can be several million less.

According to reports, Dr. Xu’s team on the basis of this new battery specially developed “urban transportation battery”, mixed with lithium can also be used individually zinc-air battery. “We have proved that using zinc-air battery-powered a 1 ton heavy truck, you can only charge 400 km continuous run time. Commuted down, so the use of a car costs, including fees charged, the battery depreciation, maintenance costs and so on, with the current cars burn less gasoline, can afford private cars, people can afford, can afford. ”

Even more interesting is that this zinc-air battery for the electric vehicle and is equipped with charging stations, battery recycling system is also pure green pollution-free. “Our design is for old batteries off, pulled recycling plant, the battery inside the electrolytic cell where zinc oxide in zinc recovery as normal the next day as the new battery will continue to use the same! This cycle can theoretically many times to be kept for more than 10 years, will be able to reuse water activation. and this recycling plant is also used in wind power, solar energy these truly green. ”

Zinc-air battery developed at the international results are rare. It is learned that after Hong Kong’s CITIC Pacific chairman Larry Yung, son of former Chinese and the project was, and to carry out inspection, the present mainland China Aviation Technology Group in Beijing has invested in a similar project, but Dr. Xu is the Beijing project consultants. Now, he is interested in out of Hefei, find suitable investor, this promising industrial projects.

】 【Irradiating apparatus

According to a second, a ham, not decaying 5 years

One ham actually have time to decay 5 years, and no use of additives, how is this possible? From the University of Science and Technology of China, “Industrial Irradiation Accelerator” to achieve. Moreover, such irradiating apparatus is different from the current domestic common irradiation sources, is completely electric, VGP-BPS9 , VGP-BPS9/B  very safe, no harm to human body.

In the supermarket, imported fresh has always belonged to “the aristocracy of food.” According to regulations, these expensive taste, before exporting to go through radiation treatment. In addition to fruits and vegetables, and herbs, soy products and other requirements are the same. Reported that after irradiation of food, medicine and medical apparatus, not only sterilization, pest control, disinfection, inhibition of seed germination, and even several times to extend the shelf. In USTC’s laboratory, the preserved an ordinary ham, it’s time after irradiation is 2005, so far, it looks still intact, a little meat there is no sign of rot!

It is understood that technology is mainly two kinds of radiation, a cobalt source used in China currently uses more, but with safety problems of nuclear waste disposal and pollution problems is a big problem. In the United States and other developed countries, have generally abandoned cobalt source radiation, and to electron irradiation. USTC show to be industrialization of this project was part of an electronic post-irradiation, no environmental harm, as long as power outages, irradiation also natural stop.

Today, Hefei crayfish also “stick” the irradiation of light. The project leader, Professor Yi-Lin told reporters, electron irradiation on materials processing is almost instantaneous. This piece of equipment similar to our common work station checkpoint, items shipped from the endless conveyor belt to the instrument, the out of hours already completed. “We recently received a single live on the property Hefei crayfish shrimp are irradiated to prolong the freshness of meat, so, Hefei lobster shipped to foreign countries even if no problem, eat up, VGP-BPS9/S and when a sample in Hefei ! “

May 16, Xilinhot City and Shenzhen Photovoltaic Energy Technology Co., Ltd. building new industrial park project on the intention to reach an agreement. Projects a total investment of 3.8 billion plan to build 60MW CIGS thin film solar cell production line and LED semiconductor lighting industrial park.

Among them, the solar cell production line project plans to invest 2 billion yuan, started construction in July 2010, officially put into operation in June 2011; to “four areas of a park” for supporting the main body of the LED industry chain project plans to invest 1.8 billion in 2010 7 month started construction in March 2011 formally put into production Sony VGP-BPS9 battery .

Signing of the project, marks the optical industry alliance PV curtain lifts on the alliance to accelerate the development of high-tech industries, to achieve industrial upgrading and industrial structure optimization level is important.

The increasing pressure in today’s climate, low-carbon way of life has become a global consensus, as a low-carbon industry representatives, the momentum of rapid development of solar energy industry has become the fastest growing, Vostro 1700 battery , Vostro 1500 battery best prospects sunrise industries.

The deepening of urbanization is an increasing demand on the building-integrated, large area occupied by the roof, it is difficult to achieve the integration of product features make building vacuum tube products face market challenges. According to “renewable energy technology and industrial development” Reader description, applicable to any type of regional climate, easy to integrate with the building facade, ease of installation operation and maintenance, long life and other advantages, makes flat-panel solar energy into a new blue ocean market.

It is understood that, as China’s solar energy heat utilization industry in Guangdong, one of ten leading brand five-star solar energy, has introduced the fourth generation of highly efficient flat plate solar laser blue film, Latitude 131L battery , Vostro 1000 battery  a high degree of concern by the market.

This new product in accordance with the highest European standards of the industry design, advanced blue-film coating technology makes the plate core heat-absorbing rate of 97%, infrared emission rate of only 5% of the conversion of solar light and heat than to challenge the limits; the product is the most advanced The laser welding process to achieve a melt frost, frost scale control, design life of 30 years, solar water heater industry to become the new benchmark for safety; and Europe and the United States with quality products have obvious advantages compared to cost-effective; and third-generation (vacuum) pressure products compared to 2 times longer life, cost-effective; particularly important is the product of optimal design, and construction combined with 20 kinds of programs, safety, reliability of system components and building integrated solar energy to meet the requirements.

A mature technology, a broad market space and improve solar energy industry chain is becoming a sunrise industry after the economic crisis in the era of the leader. The flat panel solar energy products through continuous technological innovation, strengthen the core competitive edge, leading the solar industry.

Administration from the Shenzhen Municipal Market informed that recently, the U.S. lithium battery packaging and transportation TBT notification Council successfully held in Shenzhen. The meeting was chaired by AQSIQ WTO / TBT National Notification and Enquiry Center authorized contractors, Shenzhen Institute of Standards and Technology.

Consultative meeting, participants around the United States released the battery packaging and transport requirements of the draft regulations (G/TBT/N/USA/518) conducted in-depth study and discussion. The Bill seeks to remove “dangerous substances regulations” in the exemption for small lithium batteries, the lithium battery all in accordance with the transport of dangerous goods. Li-ion battery production and export of China is big country, Shenzhen is China’s largest lithium production base and export base, gathered BYD, BAK as the representative of a group leader made lithium-ion battery business. Therefore, the draft notification will be by the implementation of the battery industry in Shenzhen and the healthy development of foreign trade increased transport costs caused by lithium batteries, lithium battery packaging costs, strengthen internal management and inspection costs of the negative impact of export enterprises face great pressure. In view of this, the participants formed the final proposal to distinguish between different cells, retain a certain exemptions, the proposal to extend the compliance period in seven views. Review comments will be submitted in accordance with WTO procedures related to the United States, while AQSIQ and the Ministry of Commerce also actively preparing in July this year, the WTO Technical Barriers to Trade Committee held its 52nd regular meeting, the special trade concerns on this issue, for it the impact of China’s battery industry to a minimum toshiba PA3399U-1BAS battery , toshiba PA3399U-1BRS battery .

Inform the council is actively involved in TBT WTO Chinese enterprises to exercise the rights given to express their views and suggestions, and protect its interests, to change the disadvantaged position in the international market, an important way. Shenzhen, the market attaches great importance to the Authority on the work of its subordinate City Institute of Standards and Technology in the active organization, hosting and participating countries TBT notification and appraisal work and the construction, operation and maintenance, “the Shenzhen market access measures for information technology platform” on the basis on to help the enterprises in Shenzhen City, received the first countries in the WTO Secretariat, through the draft regulations and standards issued by the notification and early warning, while timely, convenient to express and comment, truly a foreign technical barriers and by the subsequent response should take the initiative to advance the passive transfer of prevention.

Advanced Battery Technologies, Inc. /quotes/comstock/15*!abat/quotes/nls/abat (ABAT 3.34, +0.26, +8.44%) , a leading developer, manufacturer and distributor of rechargeable Polymer Lithium-Ion (PLI) batteries as well as a manufacturer of electric vehicles, today announced financial results for the first Quarter ending March 31, 2010.

First Quarter Financial Highlights

- Revenue increased 82.9% year-over-year to $19.5 million.

- Gross profit increased 91.0% year-over-year to $9.6 million.

- Net income increased 85.1% year-over-year to $7.5 million.

- Earnings per diluted share increased 47% year-over-year to $0.11.

- Strong balance sheet with $56.1 million in cash and cash equivalents as of March 31, 2010.

Mr. Zhiguo Fu, CEO of ABAT, stated, “The increase in the portion of our revenue attributable to medium and large capacity batteries and electric vehicles has been beneficial to our overall business. The margins that we are able to achieve in selling larger capacity batteries are significantly greater than the margins we achieve in selling smaller capacity batteries, due primarily to the relative amount of competition in the different markets. We also show significant progress in our newly acquired electric vehicle business, which generated more sales to domestic and overseas customers in the first quarter and enhanced our top-line and bottom-line growth.”

First Quarter 2010 Financial Results

The Company had total revenues of $19.5 million for the three months ended March 31, 2010, an increase of $8.9 million or 82.9%, compared to $10.7 million for the three months ended March 31, 2009. The increase in revenues was primarily due to the contribution of sales from the electric vehicle business, which the Company acquired on May 4, 2009. Sales of electric vehicles for the three months ended March 31, 2010 totaled $9.1 million. Sales of batteries to Wuxi ZQ are included in the Company’s 2009 financial results and excluded from our 2010 financial results, since the Company acquired ownership of Wuxi ZQ in May 2009. During the quarter ended March 31, 2009 the Company recorded $0.2 million in revenue attributable to sales to Wuxi ZQ.

At April 30, 2010 the Company had a backlog of around $65.0 million for delivery throughout the next 12 months, including a battery backlog of approximately $51.4 million.

During the three months ended March 31, 2010, gross profit was $9.6 million, an increase of 91.0% year-over year. Gross margin in the first quarter of 2010 was 49.2%, compared to 47.1% a year ago. The increase in gross margin is primarily attributable to the 52.0% margin achieved in sales of medium capacity batteries Inspiron E1405 battery , XPS M140 battery  , which produced only 42.8% margin in the same period of 2009.

Operating income in the first quarter of 2010 was $7.0 million, an increase of 69.2% year-over-year, from $4.1 million in the prior year’s period.

Pre-tax income of $8.3 million in the first quarter of 2010, including a gain of $1.2 million from change in fair value of warrants, represents an increase of $3.6 million from the same period of 2009. After taxes of $0.7 million accrued in the three months ended March 31, 2010, the Company’s net income increased 85.1% to $7.5 million, or $0.11 per diluted share, from $4.1 million, or $0.07 per diluted share, in the same period of 2009.

Conference Call

Management will host a conference call at 8:30 am ET on May 12, 2010 to discuss its first quarter financial results. Listeners may access the call by dialing 866-866-1333 or 404-260-1421 for international callers.

A replay of the call will be available from May 12, 2010 through June 11, 2010. Listeners may access the replay by dialing 866-430-1300 or 404-260-1414 for international callers; enter pin:4804300#, then press 4 to listen , then enter confirmation number 201005102187470#.

About Advanced Battery Technologies, Inc.

Advanced Battery Technologies, Inc. /quotes/comstock/15*!abat/quotes/nls/abat (ABAT 3.34, +0.26, +8.44%) , founded in September 2002, develops, manufactures and distributes rechargeable Polymer Lithium-Ion (PLI) batteries. The Company’s products include rechargeable PLI batteries for electric automobiles, motorcycles, mine-use lamps, notebook computers, walkie-talkies and other electronic devices. ABAT’s batteries combine high-energy chemistry with state-of-the-art polymer technology to overcome many of the shortcomings associated with other types of rechargeable batteries VGP-BPS13A/B , VGP-BPS13B/B  . Early in 2009, the Company acquired Wuxi Angell Autocycle Co. Ltd., an electric vehicle business, and renamed it Wuxi Zhongqiang Autocycle Co., Ltd. (”Wuxi ZQ”). The Company has a New York office, with its executive offices and manufacturing facilities in China.

Safe Harbor Statement

Certain statements in this release and other written or oral statements made by or on behalf of the Company are “forward-looking statements” within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management’s expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward-looking statements are subject to a number of risks and uncertainties including market acceptance of the Company’s services and projects and the Company’s continued access to capital and other risks and uncertainties. The actual results the Company achieves may differ materially from those contemplated by any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements

Masamichi Holdings (01188) announced that the total cost of 180 million yuan will be the acquisition of specialized development and manufacture of lithium-ion battery and battery pack in Zhejiang Jia Beth green energy companies, the price will be the right way to the vendor price for shares issued 571.6 million shares payment, shares of its enlarged share capital of 8.32%, the price per share issue price of 0.358 yuan. Meanwhile, Ching promised to inject at least 1 good Beth billion yuan, as its working capital to expand production capacity VGP-BPS9 , if the acquisition to be carried out, as the right way intended to raise funds through equity injection of working capital financing. Ching Zuoshou reported 0.415 yuan or 16.9%.

Notice that the current good Beth green energy registered in the Mainland has a lithium-ion battery and its preparation method of the patent, but the main market and good Beth customers are in the Mainland, Europe and the United States automobile manufacturers , VGP-BPS9A/B motor vehicle parts manufacturers and distributors.

According to the agreement, the seller was right way to ensure that, as at the end of December this year, financial year, good Beth audited after tax profit of not less than 10 million yuan.