Jiangsu Tenpower has reported its 2018 annual results, a historical high of 990 million full-year revenue, up 45.99% YoY, accounting for 23.28% of the parent company’s annual revenue. After more than a decade of exploration and accumulation, Tenpower has established partnerships with prestigious companies across many industries, including Bosch, Metabo, Stanley Black & Decker, Techtronics Industries, Electrolux, and many more. Tenpower is in an active bid for the market leader position for micro-mobility batteries, its NCA/Silicon products are based on the same technology as the batteries found in Tesla.

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About Tenpower

Tenpower is a leading cylindrical lithium-ion battery cell developer and manufacturer specializing in producing high-rate lithium-ion battery cells. Tenpower has accumulated tremendous amounts of know-how through 18 years of persistent endeavor in basic material research and electrochemical technologies. Owing to prior experience in the power tool battery industry, Tenpower is a strong proponent of a quality-first philosophy. It invests heavily in state-of-the-art equipment and rigorous quality control processes. This ensures the consistency and safety of the battery cells. Today, Tenpower has expanded into various industries, including power tools, micro-mobility, smart appliances, and critical applications. Tenpower incorporated itself into the supply chains of many leading first-tier international companies. It has shipped more than 10 billion battery cells to hundreds of companies across more than 40 countries. For further information, visit www.tenpowercell.com.

About Azure Corporation

Azure Corporation (江苏蔚蓝锂芯股份有限公司) is a China-based company. Azure manufactures lithium battery cells and semiconductors and manages metal logistics and distribution. The Company operates its businesses through three segments. The lithium-ion battery cell segment is mainly engaged in the manufacturing of lithium-ion battery cells. The semiconductor segment is primarily engaged in the manufacturing and sale of light-emitting diode (LED) epitaxial wafers and chips. The metal logistics and distribution segment consists of an active distribution business and a commissioned business for its products. For further information, visit www.azurecorp.com