CHINA BAK BATTERY INC WKN: A0ESXX - 500 Beiträge pro Seite
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Für dich BarfusS!
NASDAQ:
6,9999 USD
+38,89 % [+1,96]
6,9999 USD
+38,89 % [+1,96]
Antwort auf Beitrag Nr.: 31.755.240 von Dantyren am 26.09.07 21:04:09DANKE
Antwort auf Beitrag Nr.: 31.755.311 von BarfuSs am 26.09.07 21:08:25Die hier sollten wir auch mal genauesten durchleuchten! Oder wir kaufen jetzt alles was mit "China" beginnt!
Antwort auf Beitrag Nr.: 31.755.368 von Dantyren am 26.09.07 21:11:15ich hab ein Chart!
und ein historische chart
und ein historische chart
Antwort auf Beitrag Nr.: 31.755.437 von BarfuSs am 26.09.07 21:15:52Ich glaube ich gehe da mal einfach rein!
Antwort auf Beitrag Nr.: 31.755.471 von Dantyren am 26.09.07 21:18:02die letzt NEWS für dich
---
13.09.2007 14:16
China BAK Battery Awarded 'China Top Brand'
SHENZHEN, China, Sept. 13 /Xinhua-PRNewswire-FirstCall/ -- China BAK Battery, (Nachrichten) Inc. ("China BAK" or "BAK"), one of the largest manufacturers of lithium-based battery cells in the world, today announced that it was awarded the "China Top Brand" for its lithium-ion battery cells by the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China. China BAK is among the youngest and fastest-growing enterprises to receive such award in 2007.
China Top Brands are awarded to companies whose products meet high quality standards that are comparable to international products, lead comparable domestic products, are in a leading position in terms of market share and brand recognition in the industry, have high levels of consumer satisfaction and considerable competitive capacity.
The "China Top Brand" designation is valid for three years. During which, the Company is eligible to stamp "China Top Brand" on the "China Top Brand" product and its packaging, specifications, advertisements and related materials. All products selected as "China Top Brand" are exempt from all kinds of quality checks conducted by different departments in different regions as well as customs inspections at exports. They are also automatically classified as priority products for protection against counterfeiting.
"Through 6 years of efforts, China BAK has been recognized as a leader in the lithium-ion battery industry in China. The recognition as a "China Top Brand" further solidifies our product quality, awareness and our leading position in the industry in China," said Xiangqian Li, China BAK's Chief Executive Officer. He adds that, "It will further enhance our efforts in developing our brand into a world leading brand."
About China BAK Battery Inc.
China BAK Battery, Inc. is one of the largest manufacturers of lithium- based battery cells in the world, as measured by production output. It produces battery cells that are the principal component of rechargeable batteries commonly used in cellular phones, notebook computers, cordless power tools and portable consumer electronics, such as digital media devices, portable media players, portable audio players, portable gaming devices and personal digital assistants (or PDAs). China BAK's 1.9 million square feet facilities are located in Shenzhen, PRC, and have been recently expanded to produce new products. China BAK is the largest manufacturer of lithium-ion battery cells for China's cellular phone replacement battery market. More information about BAK is available at http://www.bak.com.cn/ .
Safe Harbor Statement
This press release contains forward-looking statements, which are subject to change. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All "forward-looking statements" relating to the business of China BAK Battery, Inc. and its subsidiary companies, which can be identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties which could cause actual results to differ. These factors include but are not limited to: risks related to China BAK's business and risks related to operating in China. Please refer to China BAK's Annual Report on Form 10-K for the fiscal year ended September 30, 2006, as well as its Quarterly Reports on Form 10-Q for the first three quarters of fiscal 2007, which are filed with the U.S. Securities and Exchange Commission, for specific details on risk factors. Given these risks and uncertainties, you are cautioned not to place undue reliance on forward-looking statements. China BAK's actual results could differ materially from those contained in the forward-looking statements. China BAK undertakes no obligation to revise or update its forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
For more information, please contact:
China BAK Battery, Inc.
Tracy Li
Tel: +86-755-8977-0093
Email: tracylee@bak.com.cn
---
GruSs BarfuSs
---
13.09.2007 14:16
China BAK Battery Awarded 'China Top Brand'
SHENZHEN, China, Sept. 13 /Xinhua-PRNewswire-FirstCall/ -- China BAK Battery, (Nachrichten) Inc. ("China BAK" or "BAK"), one of the largest manufacturers of lithium-based battery cells in the world, today announced that it was awarded the "China Top Brand" for its lithium-ion battery cells by the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China. China BAK is among the youngest and fastest-growing enterprises to receive such award in 2007.
China Top Brands are awarded to companies whose products meet high quality standards that are comparable to international products, lead comparable domestic products, are in a leading position in terms of market share and brand recognition in the industry, have high levels of consumer satisfaction and considerable competitive capacity.
The "China Top Brand" designation is valid for three years. During which, the Company is eligible to stamp "China Top Brand" on the "China Top Brand" product and its packaging, specifications, advertisements and related materials. All products selected as "China Top Brand" are exempt from all kinds of quality checks conducted by different departments in different regions as well as customs inspections at exports. They are also automatically classified as priority products for protection against counterfeiting.
"Through 6 years of efforts, China BAK has been recognized as a leader in the lithium-ion battery industry in China. The recognition as a "China Top Brand" further solidifies our product quality, awareness and our leading position in the industry in China," said Xiangqian Li, China BAK's Chief Executive Officer. He adds that, "It will further enhance our efforts in developing our brand into a world leading brand."
About China BAK Battery Inc.
China BAK Battery, Inc. is one of the largest manufacturers of lithium- based battery cells in the world, as measured by production output. It produces battery cells that are the principal component of rechargeable batteries commonly used in cellular phones, notebook computers, cordless power tools and portable consumer electronics, such as digital media devices, portable media players, portable audio players, portable gaming devices and personal digital assistants (or PDAs). China BAK's 1.9 million square feet facilities are located in Shenzhen, PRC, and have been recently expanded to produce new products. China BAK is the largest manufacturer of lithium-ion battery cells for China's cellular phone replacement battery market. More information about BAK is available at http://www.bak.com.cn/ .
Safe Harbor Statement
This press release contains forward-looking statements, which are subject to change. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All "forward-looking statements" relating to the business of China BAK Battery, Inc. and its subsidiary companies, which can be identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties which could cause actual results to differ. These factors include but are not limited to: risks related to China BAK's business and risks related to operating in China. Please refer to China BAK's Annual Report on Form 10-K for the fiscal year ended September 30, 2006, as well as its Quarterly Reports on Form 10-Q for the first three quarters of fiscal 2007, which are filed with the U.S. Securities and Exchange Commission, for specific details on risk factors. Given these risks and uncertainties, you are cautioned not to place undue reliance on forward-looking statements. China BAK's actual results could differ materially from those contained in the forward-looking statements. China BAK undertakes no obligation to revise or update its forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
For more information, please contact:
China BAK Battery, Inc.
Tracy Li
Tel: +86-755-8977-0093
Email: tracylee@bak.com.cn
---
GruSs BarfuSs
Antwort auf Beitrag Nr.: 31.755.471 von Dantyren am 26.09.07 21:18:02und die HP --->> http://www.chinabakbattery.com/default.asp
ohne news
Antwort auf Beitrag Nr.: 31.755.695 von donnerpower am 26.09.07 21:35:39unsre aktien gehen immer ohne NEWS UP, und mit NEWS DOWN
---
Short QuoteTM
Stock Symbol:CBAK
CBAK $ 7.27
China BAK Battery Inc. 2.23
Shares Short 928,500
Days to Cover (Short Ratio) 3.4
Short % of Float 4.39 %
Shares Short - Prior 980,100
Short % Increase / Decrease -5.26 %
Squeeze RankingTM -1
% from 52-Wk HIGH ( 8.31 ) -14.31 %
% from 52-Wk LOW ( 2.85 ) 60.80 %
% from 200-Day MA ( 3.84 ) 47.18 %
% from 50-Day MA ( 4.47 )
38.51 %
Price % Change (52-Wk) -6.30 %
Trading Volume - Today 14,102,160
Trading Volume - Average 272,200
Trading Volume Vs. Avg. 5180.81 %
Total Shares - Float 21,140,000
Total Shares - Outstanding 49,247,103 nur
% Held by Insiders 38.38 %
% Held by Institutions 8.90 %
Market Cap 358,026,439
EPS 0.13
PE Ratio 38.80
Sector: Industrial Goods
Industry: Industrial Electrical Equipment
SI Record Date 2007-Sept
Information Provided Without Warranty
---
GruSs BarfuSs
---
Short QuoteTM
Stock Symbol:CBAK
CBAK $ 7.27
China BAK Battery Inc. 2.23
Shares Short 928,500
Days to Cover (Short Ratio) 3.4
Short % of Float 4.39 %
Shares Short - Prior 980,100
Short % Increase / Decrease -5.26 %
Squeeze RankingTM -1
% from 52-Wk HIGH ( 8.31 ) -14.31 %
% from 52-Wk LOW ( 2.85 ) 60.80 %
% from 200-Day MA ( 3.84 ) 47.18 %
% from 50-Day MA ( 4.47 )
38.51 %
Price % Change (52-Wk) -6.30 %
Trading Volume - Today 14,102,160
Trading Volume - Average 272,200
Trading Volume Vs. Avg. 5180.81 %
Total Shares - Float 21,140,000
Total Shares - Outstanding 49,247,103 nur
% Held by Insiders 38.38 %
% Held by Institutions 8.90 %
Market Cap 358,026,439
EPS 0.13
PE Ratio 38.80
Sector: Industrial Goods
Industry: Industrial Electrical Equipment
SI Record Date 2007-Sept
Information Provided Without Warranty
---
GruSs BarfuSs
Bin da schon ne Weile drin,habe aber drüben gekauft - gibt es da was Neues - oder warum geht die so ab?
Antwort auf Beitrag Nr.: 31.755.695 von donnerpower am 26.09.07 21:35:39... schau mal in die weite Welt von W:O, die meisten kaufen Aktien (OTC-Werte) und warten wochenlang/monatelang nur auf News von ihren Aktien, die nie kommen, und die Kurse brechen weg ....!
Deshalb tue ich mir mit deiner Frage schwer!
Deshalb tue ich mir mit deiner Frage schwer!
Antwort auf Beitrag Nr.: 31.755.752 von BarfuSs am 26.09.07 21:40:28bist du drin? ich meine in der aktie
Antwort auf Beitrag Nr.: 31.755.811 von JanisJoplin am 26.09.07 21:44:52... der CHINA PRECISION-EFFEKT!!! Oder doch mehr???
Antwort auf Beitrag Nr.: 31.755.838 von Dantyren am 26.09.07 21:46:51Könnte man meinen...mal schaun ob die morgen nicht zweistellig zurück kommt...
Antwort auf Beitrag Nr.: 31.755.820 von celato am 26.09.07 21:45:44nach 22,00 uhr steck ich in "DRIN"
ne, noch nicht!
und DU?
ne, noch nicht!
und DU?
Antwort auf Beitrag Nr.: 31.755.877 von donnerpower am 26.09.07 21:49:52... bleibt abzuwarten! Möglich!
Bei CHINA PRECISION dachte ich auch, wow so ein Indraday! Die steigt weiter!
Bei CHINA PRECISION dachte ich auch, wow so ein Indraday! Die steigt weiter!
Antwort auf Beitrag Nr.: 31.755.838 von Dantyren am 26.09.07 21:46:51Hast warscheinlich recht - alles was nur ein bischen nach China riecht scheint zu laufen. Aber ich habe jetzt mal ein Stopp gesetzt - ganz geheuer ist mir das nicht.
War auch 4 Tage in 3CP drin kk 2,47 vk heute zu 8,50 ging mir auch zu schnell
War auch 4 Tage in 3CP drin kk 2,47 vk heute zu 8,50 ging mir auch zu schnell
Antwort auf Beitrag Nr.: 31.755.932 von JanisJoplin am 26.09.07 21:53:41ich hab bei Gay Giano, SL immer wieder nachgezogen und über 1000% gemacht!!!
Antwort auf Beitrag Nr.: 31.755.932 von JanisJoplin am 26.09.07 21:53:41Das einzige China, wie z.B. Unicom, Mobile und Petro sind ewig in meinem Depot und bleiben da auch weiter drin.
Alle anderen China´s werden schön abgesichert und streng beobachtet!
Alle anderen China´s werden schön abgesichert und streng beobachtet!
Überlege mir morgen welche ins depot zulegen...Jahreshoch ist ja noch nicht erreicht worden
Habe noch CHINA SHENHUA ENERGY ist auch heute gelaufen, muß man aber alles absichern - sonst kann das ne böse Überraschung geben
Antwort auf Beitrag Nr.: 31.756.116 von JanisJoplin am 26.09.07 22:05:38
Antwort auf Beitrag Nr.: 31.756.116 von JanisJoplin am 26.09.07 22:05:38... wahrscheinlich kauft China mit ihren diversen "wertlosen" US-Dollars alles an der NASDAQ was mit CHINA anfängt! 1.3 Billionen haben die, da sollte es noch ordentlich hoch gehen!
Antwort auf Beitrag Nr.: 31.756.157 von Dantyren am 26.09.07 22:08:14 die kleinen chinesen
die alte und neue Weltmacht !?
die alte und neue Weltmacht !?
Antwort auf Beitrag Nr.: 31.756.187 von BarfuSs am 26.09.07 22:10:00Der Satz trifft den Nagel auf den Kopf!
"... wenn Europa weiter den langsamen und mühelosen Weg weiter läuft, werden die Europäer in Zukunft die T-Shirt für die Chinesen nähen"
"... wenn Europa weiter den langsamen und mühelosen Weg weiter läuft, werden die Europäer in Zukunft die T-Shirt für die Chinesen nähen"
...die sagen sowas wie:
Im Denken liegt nicht die Freiheit. Jeder Gedanke ist
nur ein Teil. Er kann nie umfassend sein. Gedanken
sind die Antwort des Gedächtnisses, denn das Gedächtnis
ist immer nur ein Teil, weil das Gedächtnis das Ergebnis
der Erfahrung ist. So gesehen sind Gedanken, bedingt
durch die Erfahrung, Rückwirkungen des Geistes.
Der Kleine Drachen
Im Denken liegt nicht die Freiheit. Jeder Gedanke ist
nur ein Teil. Er kann nie umfassend sein. Gedanken
sind die Antwort des Gedächtnisses, denn das Gedächtnis
ist immer nur ein Teil, weil das Gedächtnis das Ergebnis
der Erfahrung ist. So gesehen sind Gedanken, bedingt
durch die Erfahrung, Rückwirkungen des Geistes.
Der Kleine Drachen
Antwort auf Beitrag Nr.: 31.756.248 von Dantyren am 26.09.07 22:14:45die haben schon AFRIKA "erobert"
kaufen ÖL und Rohstoffe, im gegensatz bauen sie strassen, brücken und und und ..........
kaufen ÖL und Rohstoffe, im gegensatz bauen sie strassen, brücken und und und ..........
SK 7,37$ +46,23%(2,33) Volumen: 16,397,190
Gute Nacht
BarfuSs
Gute Nacht
BarfuSs
Gerade gefunden Shengda Tech !!!
Könnten morgen die nächsten 50% sein !!!
Könnten morgen die nächsten 50% sein !!!
...noch was:
HP --->> http://www.bak.com.cn/
und--->> http://www.chinabakbattery.com/default.asp
zwei HP?
10-K --->>http://investing.businessweek.com/research/stocks/financials…
10-Q--->>http://investing.businessweek.com/research/stocks/financials…
jetzt gute nacht
HP --->> http://www.bak.com.cn/
und--->> http://www.chinabakbattery.com/default.asp
zwei HP?
10-K --->>http://investing.businessweek.com/research/stocks/financials…
10-Q--->>http://investing.businessweek.com/research/stocks/financials…
jetzt gute nacht
Antwort auf Beitrag Nr.: 31.756.603 von donnerpower am 26.09.07 22:52:14Meinst du SDTH? LAST $6.20 USD CHANGE TODAY +0.61 10.91% VOLUME 831.8K
interesant
interesant
Antwort auf Beitrag Nr.: 31.756.823 von BarfuSs am 26.09.07 23:26:26Genau die aber nach etwas suchen habe ich noch ein anderen Wert gefunden da hat mich glatt der Chart umgehauen..ich denke der Wert wird bis freitag zweistellig sein!!!
Local.com
Werde mir in Frankfurt gleich morgen früh ein paar sichern!!!
Local.com
Werde mir in Frankfurt gleich morgen früh ein paar sichern!!!
Moin,
vorbörslich geht die post ab!
RT 9,10$ +23,47% Volume 942.827
GruSs BarfuSs
vorbörslich geht die post ab!
RT 9,10$ +23,47% Volume 942.827
GruSs BarfuSs
Antwort auf Beitrag Nr.: 31.757.359 von donnerpower am 27.09.07 06:42:23auch SDTH ist im Plus!
RT 7,00$ +12,90% Volumen 49.447
GruSs BarfuSs
RT 7,00$ +12,90% Volumen 49.447
GruSs BarfuSs
RT 9,05$ +22,80% Volumen 16 Mio.
GruSs BarfuSs
GruSs BarfuSs
Antwort auf Beitrag Nr.: 31.765.141 von BarfuSs am 27.09.07 16:52:04Ja gehts noch ?
Komm nach hause und sehe mein Pferdchen rennt ist das nicht toll?
Komm nach hause und sehe mein Pferdchen rennt ist das nicht toll?
China BAK Closes $13.65 Million Private Placement
Last update: 11/9/2007 6:30:00 AM
SHENZHEN, China, Nov 09, 2007 /Xinhua-PRNewswire-FirstCall via COMTEX/ -- China BAK Battery, Inc. ("China BAK") (CBAK), one of the largest manufacturers of lithium-based battery cells in the world, today announced that it successfully closed with certain accredited investors a private placement of 3,500,000 shares of China BAK's common stock at a purchase price of $3.90 per share, for an aggregate purchase price of $13,650,000. The net proceeds of the offering will be used for the expansion of current business, for working capital, and to retire certain indebtedness. Roth Capital Partners, LLC acted as exclusive placement agent in connection with the transaction.
Mr. Xiangqian Li, Chief Executive Officer of China BAK commented, "We are very pleased to have consummated this financing with high-quality investors in the U.S. Following this offering, we believe that we will have sufficient capital to execute our business plan and, more importantly, to reach what we believe could be a major value enhancing milestone - the completion of our on- going transition from replacement market to OEM market and our expansion in high power battery sector."
Mr. Tony Shen, Chief Financial Officer of China BAK added, "This Offering will further strengthen our balance sheet, especially our capital structure, and provide us with more flexibility to capture growth opportunities."
The securities issued in the private placement have not been registered under the Securities Act of 1933, as amended, and may not be subsequently offered or sold by the investors in the United States, except pursuant to an effective registration statement or an applicable exemption from the registration requirements. As part of the private placement, China BAK has also entered into a Registration Rights Agreement with the investors, pursuant to which, among other things, China BAK agreed to register the shares that will be issued in the private placement within a pre-defined period. Under the terms of the Registration Rights Agreement, China BAK is obligated to file a registration statement under the Securities Act of 1933 on Form S-3 covering the resale of the securities issued to the investors in the private placement.
For more detailed information on the financing referred to in this release, see China BAK's Current Report on Form 8-K which will be filed with the Securities and Exchange Commission on or about November 9, 2007.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
About China BAK Battery Inc.
China BAK Battery, Inc. is one of the largest manufacturers of lithium- based battery cells in the world, as measured by production output. It produces battery cells that are the principal component of rechargeable batteries commonly used in cellular phones, notebook computers, cordless power tools and portable consumer electronics, such as digital media devices, portable media players, portable audio players, portable gaming devices and personal digital assistants (or PDAs). China BAK's 1.9 million square feet facilities are located in Shenzhen, PRC, and have been recently expanded to produce new products. China BAK is the largest manufacturer of lithium-ion battery cells for China's cellular phone replacement battery market. More information about China BAK (CBAK) is available at .
Safe Harbor Statements
This press release contains forward-looking statements, which are subject to change. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All "forward-looking statements" relating to the business of China BAK Battery, Inc. and its subsidiary companies, which can be identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties which could cause actual results to differ. These factors include but are not limited to: risks related to China BAK's business and risks related to operating in China. Please refer to China BAK's Annual Report on Form 10-K for the fiscal year ended September 30, 2006, as well as China BAK's Quarterly Reports on Form 10- Q for FY07, for specific details on risk factors. Given these risks and uncertainties, you are cautioned not to place undue reliance on forward- looking statements. The Company's actual results could differ materially from those contained in the forward-looking statements. The company undertakes no obligation to revise or update its forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE China BAK Battery Inc.
Copyright (C) 2007 PR Newswire. All rights reserved
Copyright © 2007 MarketWatch, Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
News provided by Dow Jones NewswiresSM, PR News Wire™ and Business Wire™. Dow Jones Newswires is a service mark of Dow Jones & Company. PR News Wire is a Trademark of PR Newswire Association, Inc. Business Wire is a registered trademark and service mark of Business Wire.
Ameritrade is not responsible for the quality and suitability of third party financial or investment information or services. Please consult other sources of information and consider your individual financial position and goals before making an investment decision. Ameritrade, Division of Ameritrade, Inc., member NASD/SIPC. Ameritrade and Ameritrade logos are trademarks or registered trademarks of Ameritrade IP Company, Inc. 2002 Ameritrade IP Company, Inc. All rights reserved. Used with permission.
Last update: 11/9/2007 6:30:00 AM
SHENZHEN, China, Nov 09, 2007 /Xinhua-PRNewswire-FirstCall via COMTEX/ -- China BAK Battery, Inc. ("China BAK") (CBAK), one of the largest manufacturers of lithium-based battery cells in the world, today announced that it successfully closed with certain accredited investors a private placement of 3,500,000 shares of China BAK's common stock at a purchase price of $3.90 per share, for an aggregate purchase price of $13,650,000. The net proceeds of the offering will be used for the expansion of current business, for working capital, and to retire certain indebtedness. Roth Capital Partners, LLC acted as exclusive placement agent in connection with the transaction.
Mr. Xiangqian Li, Chief Executive Officer of China BAK commented, "We are very pleased to have consummated this financing with high-quality investors in the U.S. Following this offering, we believe that we will have sufficient capital to execute our business plan and, more importantly, to reach what we believe could be a major value enhancing milestone - the completion of our on- going transition from replacement market to OEM market and our expansion in high power battery sector."
Mr. Tony Shen, Chief Financial Officer of China BAK added, "This Offering will further strengthen our balance sheet, especially our capital structure, and provide us with more flexibility to capture growth opportunities."
The securities issued in the private placement have not been registered under the Securities Act of 1933, as amended, and may not be subsequently offered or sold by the investors in the United States, except pursuant to an effective registration statement or an applicable exemption from the registration requirements. As part of the private placement, China BAK has also entered into a Registration Rights Agreement with the investors, pursuant to which, among other things, China BAK agreed to register the shares that will be issued in the private placement within a pre-defined period. Under the terms of the Registration Rights Agreement, China BAK is obligated to file a registration statement under the Securities Act of 1933 on Form S-3 covering the resale of the securities issued to the investors in the private placement.
For more detailed information on the financing referred to in this release, see China BAK's Current Report on Form 8-K which will be filed with the Securities and Exchange Commission on or about November 9, 2007.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.
About China BAK Battery Inc.
China BAK Battery, Inc. is one of the largest manufacturers of lithium- based battery cells in the world, as measured by production output. It produces battery cells that are the principal component of rechargeable batteries commonly used in cellular phones, notebook computers, cordless power tools and portable consumer electronics, such as digital media devices, portable media players, portable audio players, portable gaming devices and personal digital assistants (or PDAs). China BAK's 1.9 million square feet facilities are located in Shenzhen, PRC, and have been recently expanded to produce new products. China BAK is the largest manufacturer of lithium-ion battery cells for China's cellular phone replacement battery market. More information about China BAK (CBAK) is available at .
Safe Harbor Statements
This press release contains forward-looking statements, which are subject to change. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All "forward-looking statements" relating to the business of China BAK Battery, Inc. and its subsidiary companies, which can be identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties which could cause actual results to differ. These factors include but are not limited to: risks related to China BAK's business and risks related to operating in China. Please refer to China BAK's Annual Report on Form 10-K for the fiscal year ended September 30, 2006, as well as China BAK's Quarterly Reports on Form 10- Q for FY07, for specific details on risk factors. Given these risks and uncertainties, you are cautioned not to place undue reliance on forward- looking statements. The Company's actual results could differ materially from those contained in the forward-looking statements. The company undertakes no obligation to revise or update its forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE China BAK Battery Inc.
Copyright (C) 2007 PR Newswire. All rights reserved
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