CBAK Energy Technology, Inc. ("CBAK Energy",NASDAQ: CBAT), a world's leading lithium-ion battery manufacturer and electric energy solution provider, announced that its wholly owned subsidiary, Dalian CBAK Power Battery CO., LTD., ("CBAK Battery", or the "Company") has successfully entered into the supplier base of Haier Group and won the bidding for Haier project in the smart home market. CBAK Battery is going to help Haier build the Intelligent manufacturing information system, produce more favorable home appliance by consumers and the products fit their life style better. 

"CBAK has many years of experience in Lithium ion battery, and we are exploring the home appliance sector. At the beginning of the design, we have already begun our full contact with our customer. We applied our experience in lithium ion battery from electrical design to structure design and outer look, giving them the best user experience. In the future we are going to conduct more point to point project development, devote ourselves fully into the smart home appliance field, which is a blue sea market," commented Mr. Yunfei Li, the CEO of CBAK Energy.

CBAK Energy | www.cbak.com.cn

Haier Group | www.haier.com