CBAK Energy Technology Inc

CBAK Energy Technology, Inc. engages in the manufacture, commercialization, and distribution of lithium-ion rechargeable batteries. Its products are used for electronic vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply, and high-power applications. It operates through the CBAK and Hitrans segments. The CBAK segment mainly includes the manufacture, commercialization and distribution of a wide variety of standard and customized lithium-ion rechargeable batteries for use in a wide array of applications. The Hitrans segment covers the development and manufacturing of NCM precursor and cathode materials. The company was founded in October 4, 1999 and is headquartered in Dalian, China.

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CBAK Energy Technology posts robust Q2 results, eyes growth opportunities

CBAK Energy Technology demonstrated strong financial performance, marked by revenue growth, improved gross margins, and increased net profit.
The company's new battery model and operational efficiency in the battery business are key strengths driving growth.
Challenges lie in segment-specific revenue generation and maintaining margins, while opportunities abound in order backlog and market expansion.

CBAK Energy reports Q3 revenue dip, eyes overseas expansion opportunities

CBAK Energy's Q3 performance saw revenue declines in some segments but overall growth in 9-month revenue, maintaining profitability and showcasing operational efficiency.
Strengths lie in high gross profit margins, early profitability at Nanjing factory, innovation in new battery models, and strong order pipeline.
Challenges include revenue declines in key segments and operational disruptions, while opportunities arise from overseas expansion, capacity growth, and market demand for new products.
Balancing challenges with strengths and seizing opportunities will be crucial for CBAK Energy to sustain growth and profitability in the evolving battery market.

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CBAK Energy Technology, Inc. engages in the manufacture, commercialization, and distribution of lithium-ion rechargeable batteries. Its products are used for electronic vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply, and high-power applications. It operates through the CBAK and Hitrans segments. The CBAK segment mainly includes the manufacture, commercialization and distribution of a wide variety of standard and customized lithium-ion rechargeable batteries for use in a wide array of applications. The Hitrans segment covers the development and manufacturing of NCM precursor and cathode materials. The company was founded on October 4, 1999 and is headquartered in Dalian, China.

CBAK Energy Technology, Inc. (NASDAQ:CBAT ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Xiujun Tian - IR Specialist Jiewei Li - Chief Financial Officer and Secretary of the Board of Directors Zhiguang Hu - CEO Conference Call Participants Brian Lantier - Zacks Small-Cap Research Operator Good day, ladies and gentlemen. Thank you for standing by, and welcome to the CBAK Energy Technology's Third Quarter 2024 Earnings Conference Call.

CBAK Energy Technology, Inc. (CBAT) Q3 2024 Earnings Call Transcript

DALIAN, China , Nov. 12, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the third quarter 2024 ended September 30, 2024. First nine  months of 2024 Financial Highlights Net revenues from sales of batteries were $113.9 million, an increase of 18.4% from $96.2 million in the same period of 2023.

CBAK Energy Reports Third Quarter & First Nine Months of 2024 Unaudited Financial Results

DALIAN, China , Nov. 4, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024 on Tuesday, November 12, 2024, before the U.S. market opens. The earnings results will be available on the Company's Investor Relations website, and will be filed with the Securities and Exchange Commission on a Form 8-K.

CBAK Energy to Report Third Quarter 2024 Unaudited Financial Results on Tuesday, November 12, 2024

CBAK Energy Technology, Inc. (NASDAQ:CBAT ) Q2 2024 Earnings Conference Call August 9, 2024 8:00 AM ET Company Participants Jiewei Li - Chief Financial Officer and Secretary of the Board of Directors Yunfei Li - Chairman, President & CEO Xiujun Tian - Deputy General Manager and General Engineer Conference Call Participants Brian Lantier - Zacks Small-Cap Research Operator Good day, ladies and gentlemen. Thank you for standing by, and welcome to CBAK Energy Technology's Second Quarter and the First Half of 2024 Earnings Conference Call.

CBAK Energy Technology, Inc. (CBAT) Q2 2024 Earnings Call Transcript

DALIAN, China , Aug. 9, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the second quarter and the first half of 2024 ended June 30, 2024. Firs t Half of 2024 Financial Highlights Net revenues from sales of batteries were $80.4 million, an increase of 55% from $51.8 million in the same period of 2023.

CBAK Energy Reports Second Quarter and First Half 2024 Unaudited Financial Results

DALIAN, China , Aug. 1, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024 on Friday, August 9, 2024, before the U.S. market opens. The earnings results will be available on the Company's Investor Relations website, and will be filed with the Securities and Exchange Commission on a Form 8-K.

CBAK Energy to Report Second Quarter & First Half 2024 Unaudited Financial Results on Friday, August 9, 2024

DALIAN, China , June 14, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that its subsidiary, Dalian CBAK Power Battery Co., Ltd. ("CBAK Power") has secured an order valued at almost USD7.0 million from a Renowned European Client (the "Partner").

CBAK Energy Secures Nearly USD7 Million Order From Renowned European Client

DALIAN, China , June 4, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced a significant technological advancement with its model 32140 battery, a large cylindrical lithium-ion battery mass produced at its Nanjing facility. The Company has successfully upgraded and innovated the battery structure, adopting a brand-new design based on the original battery cell structure.

CBAK Energy Unveils Breakthrough in Fast-Charging Technology with Enhanced Model 32140 Battery, Achieving Full Charge in Just 35 Minutes

CBAK Energy Technology, Inc. (NASDAQ:CBAT ) Q1 2024 Earnings Conference Call May 10, 2024 9:00 AM ET Company Participants Thierry Li - Chief Financial Officer and Company Secretary Yunfei Li - Chairman, President and Chief Executive Officer Conference Call Participants Brian Lantier - Zacks Small Cap Research Operator Good day, ladies and gentlemen. Thank you for standing by.

CBAK Energy Technology, Inc. (CBAT) Q1 2024 Earnings Call Transcript

- Expected net income from the battery business to be between RMB220 million and RMB250 million for the full year of 2 024 DALIAN, China , May 10, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the first quarter ended March 31, 2024. First Quarter of 2024 Financial Highlights Net revenues from sales of batteries were $44.8 million, an increase of 51.5% from $29.6 million in the same period of 2023.

CBAK Energy Reports First Quarter 2024 Unaudited Financial Results

DALIAN, China , May 3, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024 on Friday, May 10, 2024, before the U.S. market opens. The earnings results will be available on the Company's Investor Relations website, and will be filed with the Securities and Exchange Commission on a Form 8-K.

CBAK Energy to Report First Quarter 2024 Unaudited Financial Results on Friday, May 10, 2024

CBAK Energy Technology, Inc. (CBAT) Q4 2023 Earnings Call Transcript

DALIAN, China, March 15, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter of 2023 Financial Highlights Net revenues from sales of batteries were $36.8 million, an increase of 30.9% from $28.1 million in the same period of 2022.

CBAK Energy Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

DALIAN, China , March 6, 2024 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023 on Friday, March 15, 2024, before the U.S. market opens. The earnings results will be available on the Company's Investor Relations website, and will be filed with the Securities and Exchange Commission on a Form 8-K.

CBAK Energy to Report Fourth Quarter and Full Year 2023 Unaudited Financial Results on Friday, March 15, 2024

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CBAK Energy Technology, Inc. (NASDAQ:CBAT ) Q3 2023 Earnings Conference Call November 9, 2023 8:00 AM ET Company Participants Thierry Li - CFO and Secretary of the Board Yunfei Li - Chief Executive Officer Xiangyu Pei - Interim Chief Financial Officer Conference Call Participants Brian Lantier - Zacks Small Cap Research Operator Good day, ladies and gentlemen. Thank you for standing by.

CBAK Energy Technology, Inc. (CBAT) Q3 2023 Earnings Call Transcript

DALIAN, China , Nov. 9, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter of 2023 Financial Highlights Net revenues from sales of batteries were $44.3 million, an increase of 71.5% from $25.8 million in the same period of 2022.

CBAK Energy Reports Third Quarter 2023 Unaudited Financial Results

DALIAN, China , Oct. 30, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023 on Thursday, November 9, 2023, before the U.S. market opens. The earnings results will be available on the Company's Investor Relations website, and will be filed with the Securities and Exchange Commission on a Form 8-K.

CBAK Energy to Report Third Quarter 2023 Unaudited Financial Results on Thursday, November 9, 2023

DALIAN, China , Sept. 28, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that its wholly-owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd ("Nanjing CBAK"), has reached an agreement with Shenzhen BAK Battery Co., Ltd.

CBAK Energy Announces a Strategic Investment in BAK Power

DALIAN, China , Sept. 20, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that its wholly-owned subsidiary, Nanjing CBAK New Energy Technology Co., Ltd.

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

CBAK Energy Technology, Inc. (NASDAQ:CBAT ) Q2 2023 Results Earnings Conference Call August 9, 2023 8:30 AM ET Company Participants Thierry Li - Investor Relations Director Yunfei Li - Chief Executive Officer Xiangyu Pei - Interim Chief Financial Officer Conference Call Participants Brian Lantier - Zacks Small Cap Research Operator Good day, ladies and gentlemen. Thank you for standing by.

CBAK Energy Technology, Inc. (CBAT) Q2 2023 Earnings Call Transcript

DALIAN, China , Aug. 9, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider in China, today reported its unaudited financial results for the second quarter and first half of 2023 ended June 30, 2023. First Half of 2023 Financial Highlights Net revenues from sales of batteries were $51.8 million, an increase of 27.2% from $40.7 million in the same period of 2022.

CBAK Energy Reports Second Quarter and First Half 2023 Unaudited Financial Results

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DALIAN, China, July 26, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the second quarter and first half ended June 30, 2023 on Wednesday, August 9, 2023, before the U.S. market opens. The earnings results will be available on the Company's Investor Relations website, and will be filed with the Securities and Exchange Commission on a Form 8-K.

CBAK Energy to Report Second Quarter & First Half 2023 Unaudited Financial Results on Wednesday, August 9, 2023

Meeting Surging Demand for Lithium-ion Batteries with Cost-Effective Expansion DALIAN, China , July 21, 2023 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that its subsidiary, Dalian CBAK Power Battery Co., Ltd. ("Dalian CBAK"), has successfully reached agreements with the Shangqiu Urban-Rural Integration Demonstration Zone (the "Shangqiu City") and partnering entities (the "Lessor").

News for CBAK Energy Technology Inc Stock (CBAT)