China Dynamics Injects Funds for Development of Graphene Batteries

Company News 10:52:51AM May 19, 2016 Source:SMM

SHANGHAI, May 19 (SMM) – China Dynamics is aiming to research and develop graphene lead-acid batteries, based on its announcement issued on May 17.

China Dynamics and Shanghai Xinchi Energy Technology entered into strategic cooperation agreement to jointly research and develop graphene lead-acid batteries. China Dynamics targets three main businesses, namely ignition batteries, energy storage battery for industrial use and lithium-ion and green batteries.

Net profit for China Dynamics is expected to be 200 million yuan ($ 30.56 million) in 2016, 210 million yuan in 2017 and 240 million yuan in 2018 if not considering factors like consolidated financial statements.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 


Relative News

China Dynamics Injects Funds for Development of Graphene Batteries

Company News 10:52:51AM May 19, 2016 Source:SMM

SHANGHAI, May 19 (SMM) – China Dynamics is aiming to research and develop graphene lead-acid batteries, based on its announcement issued on May 17.

China Dynamics and Shanghai Xinchi Energy Technology entered into strategic cooperation agreement to jointly research and develop graphene lead-acid batteries. China Dynamics targets three main businesses, namely ignition batteries, energy storage battery for industrial use and lithium-ion and green batteries.

Net profit for China Dynamics is expected to be 200 million yuan ($ 30.56 million) in 2016, 210 million yuan in 2017 and 240 million yuan in 2018 if not considering factors like consolidated financial statements.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.