Camel Group Co., Ltd.

Company Profile

■URL

http://www.chinacamel.com

■Address

No.83, Wudang Road, Shihua Town, Gucheng, Hubei 441705, China

Business Overview

-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.


-The Company's sales is RMB 6,301.12 million in 2016, 17.19% increase than previous year. Due to comsumption tax, net profit accounts to RMB 544.15 million, 11.65% decrease than previous year. Excluding consumption tax affect, the Company's net profit accounts to RMB 733.03 million, 19.01% increase than previous year.

Shareholders

-Listed on the Shanghai Stock Exchange (As of Dec. 31, 2016)
Shareholders Shareholding ratio
Liu Guoben 26.69%
Hubei Tuofeng Investment Co.,Ltd. 13.39%
Hubei Tuoling Investment Co.,Ltd. 8.17%
Liu Changlai 3.35%
Others 48.40%
Total 100%

Products

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)
Maintenance-free batteries
Lithium batteries
Battery cases
Battery cell separators
Battery plates
Lead alloy for batteries

History

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.
Jun. 2016

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.

Jul. 2016

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.
Nov. 2016

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,

Supplemental Information 1