Camel Group Co., Ltd.
-The Company mainly engages in developing, manufacturing and selling lead-acid batteries.
-The Company stands in the front rank in the automotive starting battery market in China.
-The Company has four production bases.
-As of Dec. 31, 2018, the Company's market share in China is 38% in OEM business and 25% in aftermaket.
|-Listed on the Shanghai Stock Exchange||(As of Dec. 31, 2018)|
|Shareholders||Shareholding ratio (%)|
|Hubei Tuofeng Investment Co.,Ltd.||13.63|
|Hubei Tuoling Investment Co.,Ltd.||8.17|
Auto starter lead-acid battery/automobile starting batteries
Plate type valve-controlled lead-acid batteries
Pure lead thin plate winding type lead-acid battery
VRLA batteries (Valve regulated lead acid batteries)
Battery cell separators
Lead alloy for batteries
|1988||The Company was established.|
|1997||Received ISO9002 certification.|
|2001||Received ISO9001 certification.|
|2005||Received (BVQI)ISO/TS16949 certification.|
|2008||Received ISO14001 certification.|
|2009||Started to establish a new plant in Xiangfan with an annual capacity of 8 million lead-acid starter batteries.|
|2010||The company changed its name to Camel Group Co., Ltd.|
|June 2, 2011||Listed on the Shanghai Stock Exchange.|
|Jan. 2012||Central China Camel Storage Battery Co.,Ltd. established.|
|July 2012||South China Camel Storage Battery Co.,Ltd. established.|
|Mar. 2013||Northeast China Camel Storage Battery Co.,Ltd. established.|
|July 2014||Acquired 100% shares of Yangzhou Apollo Battery Co., Ltd.|
|June 2015||Hubei Camel Special Power Supply Co.,Ltd. changed its name to Hubei Camel New Energy Battery Co., Ltd.|
|Dec. 2015||Camel New Energy Battery Co., Ltd., its wholly owned subsidiary, will acquire all shares in Xiangyang Camel New Energy Co., Ltd. for CNY 198 million.|
The Company invest an additional CNY 102 million in Tulufan Dingxin Resources Technology Environmental Protection Co., Ltd. After the transaction, Tulufan Dingxin Resources Technology Environmental Protection will be owned 51% by the Camel Group, 44% by the Xinjiang Renewable Resources Group, and 5% by Tuokexun County Longyuan Construction Co., Ltd.
The Company and SC Uzavtosanoat of Uzbekistan signed a basic agreement setting the framework under which Camel will acquire over 51% of SC Djizak Battery Plant shares owned by SC Uzavtosanoat.
||The Company established a wholly owned subsidiary in Chongqing. The new company will be called Camel Chongqing Storage Battery Co., Ltd., and will be capitalized at CNY 50 million.|
|The Company established a materials recycling company in Chongqing city to increase its capacity for collecting used lead-acid batteries. The new company will be called Camel Chongping Recycling Co., Ltd., and will be capitalized at CNY 50 million.|
|Aug. 2016||The Company established a wholly owned subsidiary in Ann Arbor, Michigan, U.S.A. to develop batteries, battery materials, and power sources.|
The Company established wholly subsidiary "Camel Group Wuhan Guanggu R&D Center Co., Ltd." in Wuhan.
|Jan. 2017||The Company established a joint venture in Turpan City in the Xinjiang Uighur Autonomous Region with Xinjiang Recycling Resources Group Co., Ltd. and Tuokesun Longyuan Investment Construction Co., Ltd. The new company will be called Camel Xinjiang Storage Battery Co., Ltd.|
|Apr. 2017||The Company invested EUR 27 million in an electric vehicle manufacturer Rimac Automobili d.o.o.|
|Jun. 2017||The Company established battery material recycling company.|
|Sept. 2017||Acquired the share of Rimac Automobili d.o.o and Greyp Bikes d.o.o in Croatia.|
|Mar. 2018||Established Ricam New Energy Technology Co., Ltd. with Croatia's Rimac Automobili d.o.o|
|Mar. 2018||Completed acquisition of Hubei Jinyang Metallurgical Incorporated Co. Ltd.|
Supplemental Information 1
>>>Business Report FY2011
>>>Business Report FY2012
>>>Business Report FY2013
>>>Business Report FY2014
>>>Business Report FY2015
>>>Business Report FY2016
>>>Business Report FY2017
Note: A figure in brackets ( ) indicates a loss
Volume of Production
|(in thousand KVAh)|
|Company Name||Products||FY ended Dec. 31, 2015||FY ended Dec. 31, 2014||FY ended Dec. 31, 2013||FY ended Dec. 31, 2012|
|Hubei Camel Haixia Storage Battery Co.,Ltd.||Batteries||-||-||5||-|
Source: China Automotive Industry Yearbook (issued every October)