Tag: NASDAQ CBAT

Business

CBAK Energy Technology Inc (NASDAQ: CBAT) Announces Outline Arrangement to Obtain Mainstream Stake in Zhejiang Meidu Hitrans Lithium Battery Technology Co

CBAK Energy Technology Inc (NASDAQ: CBAT) announced that its subsidiary Dalian CBAK Power Battery Co., Ltd. arrived into an outline contract to purchase a mainstream stake in Zhejiang Meidu Hitrans Lithium Battery Technology Co. CBAK Energy will pay around RMB158.74 million to purchase 81.56% of the equity interests CBAK Energy […]