China Shipbuilding Industry Group Power Co., Ltd.
(Formerly Fengfan Co., Ltd.)

Company Profile

■URL

http://www.sail.com.cn

■Address

No.8, Fuchang Road, Baoding, Hebei 071057, China

Business Overview

-The Company changed its name to China Shipbuilding Industry Group Power Co., Ltd., effective May 1, 2016.

-The brand name for a battery is "Sail" and for a battery case "Sai Ou."

-The annual sales volume of starting batteries is over 13 million units.

Shareholders

Listed on the Shanghai Stock Exchange (as of Dec. 31, 2016)
Shareholders Shareholding Ratio (%)
China Shipbuilding Industry Corporation 26.15
China Shipbuilding Co., Ltd. 20.18
Others 53.67
Total 100.00

Products

Storage batteries
Maintenance-free storage batteries
Lithium batteries
Battery cases
Battery cell partitions
Lead alloy for batteries

History

1958 Baoding Storage Battery Factory established.
May 1982 Placed under control of China State Shipbuilding Corporation.
1992 Company name changed to Fengfan Storage Battery Factory.
Oct.1993 A joint-venture subsidiary, Baoding Jin Fengfan Storage Battery Co., Ltd., was established in partnership with Technical Service Center of Bank of China, Baoding Branch and Hongkong Haofu Co.,Ltd..
1999 Due to the reorganization of the parent company, the Company was placed under control of China Shipbuilding Industry Corporation.
June 2000 Corporation with the current name established.
July 2004 With the listing of the Company's shares on the market in June, the Company acquired  a 25% stock of its joint-venture subsidiary  Baoding Jin Fengfan Storage Battery Co., Ltd. from the joint-venture partner, increasing its share of ownership to 100%, and absorbed the affiliate into its own organization
April 2006 The Company established Tangshan Fengfan Hongwen Battery Co., Ltd., a subsidiary to manufacture batteries.
Feb. 2007 The Company established Baoding Fengfan New Energy Co., Ltd., a subsidiary to manufacture lithium batteries.
Sep. 2008 The Company and Amelio Solar Inc. of the U.S. jointly established Baoding Fengfan Photovoltaic Power Co., Ltd. to manufacture silicon thin film solar cells.
Nov. 2011 The Company acquired it's subsidiary—Shanghai Fengfan Storage Co.,Ltd.'s another 10% sharehlolding and made it into its wholly-owned subsidiary.
May 2016 The Company changed its name to China Shipbuilding Industry Group Power Co., Ltd.

Supplemental Information 1