Advanced Battery Technologies Inc.(ABAT.NSDQ)
Profile
WebSite:
http://www.zqpt.com/
Advanced Battery Technologies, Inc., (ABAT) is a holding company with one direct subsidiary, Cashtech Investment Limited. Cashtech Investment Limited is also a holding company with two subsidiaries: Harbin ZhongQiang Power-Tech Co., Ltd. (Harbin ZQPT), which manages the assets and operations of Heilongjiang ZhongQiang Power-Tech Co., Ltd. (ZQ Power-Tech), and Wuxi ZhongQiang Autocycle Co., Ltd., (Wuxi ZQ), which is engaged in the business of manufacturing and distributing electric vehicles that utilize batteries manufactured by ZQ Power-Tech. Advanced Battery Technologies, Inc. also owns a 49% interest in Beyond E-Tech, Inc., that distributes cellular telephones in the United States. The Company operated in two segments: Batteries and Electric vehicles. In January 2011, the Company through its subsidiary Harbin ZQPT, acquired the assets of Shenzhen Zhongqiang New Energy Science & Technology Co., Ltd. (Shenzhen Zhongqiang).
Reports
Advanced Battery Technologies, Inc. is a holding company with one direct subsidiary, Cashtech Investment Limited. Cashtech Investment Limited is also a holding company with two subsidiaries: Harbin ZhongQiang Power-Tech Co., Ltd. (Harbin ZQPT), which manages the assets and operations of Heilongjiang ZhongQiang Power-Tech Co., Ltd. (ZQ Power-Tech), and Wuxi ZhongQiang Autocycle Co., Ltd., which is engaged in the business of manufacturing and distributing electric vehicles that utilize batteries manufactured by ZQ Power-Tech. Advanced Battery Technologies, Inc. also owns a 49% interest in Beyond E-Tech, Inc., that distributes cellular telephones in the United States. In April 2009, Advanced Battery Technologies, Inc. completed the acquisition of Wuxi Angell Autocycle Co. Ltd.