Zhongyin (Ningbo) Battery Co., Ltd. China (Mainland)

Zhongyin (Ningbo) Battery Co., Ltd. is a joint venture formed by Gold Peak Industries (Holding) Ltd. and Ningbo Sonluk Battery Co., Ltd. Currently we are vice director and a standing member of China Battery Industrial Association. Our key subsidiaries include Ningbo Engineering and Technology Development Center of Chemical Power Source, Ningbo Battery & Electrical Appliance I/E Co., Ltd. and Ningbo Pairdeer Economy and Trading Co., Ltd. The registered capital of the company is 15 million U.S. dollars, and the total investment amounts to 28 million U.S. dollars. We are a leading primary alkaline zinc-manganese battery and carbon-zinc battery manufacturer in China. The registered brand names are SONLUK, PAIRDEER and GOLDENBEE. In 2002 PAIRDEER primary alkaline battery was named China Top Brand by the national government authority concerned. Our manufacture factory covers 140,000 m2 in land. We have 23 assembly lines for the manufacture of alkaline batteries and carbon-zinc batteries, among which six assembly lines of LR20, LR14, LR6 and LR03 batteries were introduced from such countries as Japan and South Korea. The annual output of the alkaline batteries amounts to 500 million, and the total output of cells amounts to 1.5billion, whose quality has reached or exceed the level of the same sorts of the famous brand products. Our company has a strong capability in the R&D of new battery products. There are more than 800 employees in our company, among whom R&D, QC, QA staffs and other professionals are over 200. We control so strictly the quality of materials as to meet the ISO9001 quality testing and to keep the GB/T7112-1998, IEC60086-2 standards. Our company implements the certificate system ISO9002 since 1997. In September 2002 our company successfully passed the audit of ISO9001:2000 quality management system and ISO14001:1996 environment management system conducted by the world-renowned Det Norske Veritas (DNV) and had the certificates issued. During the nationwide battery quality inspection in 2001 and 2002, the comprehensive performance of our LR20, LR14, LR6, LR03 alkaline batteries is the No.1. Our company has a perfect national sales network though 70% of our products are sold abroad. In 2002 our sales income reached RMB 500 million and USD 42 million (for export). By merging with the world famous GP group, our company is going to invest to build a Sonluk Battery Science & Technology City with world leading technologies. Totally the assembly lines of alkaline batteries will produce 4827 cells per minute. The annual production value will grow up to RMB 1 billion. Besides our company will invest in the production of Li-ion battery and the total investment is estimated to exceed RMB 100 million; it will be put into production in due form at the end of June 2004. The production capacity of Li-ion battery will amount to 15 million and the annual output value will reach RMB 570 million, the sale income will exceed USD 240 millions. All these R&D activities will make us the base of Li-ion battery in China and our battery the international brand name. Designed for high power consuming apparatus, long life in high voltage discharging, excellent discharging performance both in large current demand and in low temperature environment, most suitable for the use in digital camera and some high power consuming apparatus.