Tianneng’s main products and services include power storage ancillary services, production and sale of lithium batteries for new energy vehicles, start-and-stop batteries, wind power and solar power storage batteries, the recycling and cyclic utilisation of waste batteries and construction of smart-micro grids in cities across the nation, along with the building of green and smart industrial parks.
Lower margins spooked investors but prospects, backed by earnings, remain strong
Hong Kong-listed Tianneng Power International is leader in the Chinese new energy battery industry and is labelled as a large high-tech energy group focusing on the manufacturing and provision of services of environmentally-friendly products, particularly batteries for electric vehicles.
