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Company Description (as filed with the SEC)
Upon the commencement of commercial operations of our Dalian manufacturing facilities, which is expected to be in the first quarter of calendar year 2015, we will be engaged in the business of developing, manufacturing and selling new energy high power lithium batteries, which are mainly used in the following applications: º Electric vehicles ("EV"), such as electric cars, electric buses, hybrid electric cars and buses; º Light electric vehicles ("LEV"), such as electric bicycles, electric motors, sight-seeing cars; and º Electric tools, energy storage, uninterruptible power supply, and other high power applications. We are currently constructing new manufacturing facilities in Dalian and most of BAK Tianjin's operating assets, including its machinery and equipment, customers, employees, patents and technologies are being relocated from BAK Tianjin. ... More ...