CBAK Energy Technology, Inc. (CBAT): History, Ownership, Mission, How It Works & Makes Money

Ever wondered about the driving force behind the batteries in your electric gadgets? CBAK Energy Technology, Inc. (CBAT), a leading lithium-ion battery manufacturer and electric energy solution provider in China, stands out with its focus on high-power lithium and sodium batteries. But how exactly does this Nasdaq-listed company, with a market capitalization of $59.82 million as of today, operate and generate revenue, especially after reporting net revenues from battery sales of $136.59 million in 2024? Keep reading to discover the history, ownership structure, and the intricate workings of this innovative company.

CBAK Energy Technology, Inc. (CBAT) History

CBAK Energy Technology, Inc. Founding Timeline

Year established

The company was established in 2005.

Original location

The company is headquartered in Dalian, China.

Founding team members

While specific details on all founding team members are not readily available in the provided search results, the company's leadership has been associated with Mr. Yunfei Li.

Initial capital/funding

Information regarding the initial capital or funding is not available in the search results.

CBAK Energy Technology, Inc. Evolution Milestones

CBAK Energy Technology, Inc. Transformative Moments

• Shift to Lithium Battery Production: The strategic decision to focus on lithium batteries was transformative, positioning the company to capitalize on the growing demand for electric vehicles and energy storage solutions.
• Expansion of Production Facilities: Establishing new production facilities, such as Nanjing CBAK New Energy Technology Co., Ltd., significantly increased the company's manufacturing capacity and ability to meet market demand.
• Technological Innovation: Continuous investment in R&D and the introduction of new battery models, like the 32140 cylindrical battery, have been crucial in staying competitive and attracting new customers.
• Market Expansion and Strategic Partnerships: Securing large orders and forming strategic partnerships have expanded the company's market reach and strengthened its position in the industry.

To gain more insights into the investors and motivations behind their investments, check out this related article: Exploring CBAK Energy Technology, Inc. (CBAT) Investor Profile: Who’s Buying and Why?

CBAK Energy Technology, Inc. (CBAT) Ownership Structure

CBAK Energy Technology, Inc. operates with a defined ownership structure that includes major shareholders and the public market.

CBAK Energy Technology, Inc.'s Current Status

CBAK Energy Technology, Inc. is a publicly traded company, which means its shares are available for purchase by the general public on a stock exchange. As of April 2025, it is listed on the NASDAQ under the ticker symbol CBAT.

CBAK Energy Technology, Inc.'s Ownership Breakdown

Understanding the ownership structure of CBAK Energy Technology, Inc. provides insights into who has the most influence on the company's decisions. The ownership is distributed among institutional investors, individual shareholders, and company insiders. Here is a detailed breakdown:

CBAK Energy Technology, Inc.'s Leadership

The leadership team is crucial for guiding the strategic direction and operational execution of CBAK Energy Technology, Inc. Here are some of the key figures steering the company as of April 2025:

• Qixiang Li serves as the Chief Executive Officer.
• Yunfei Li holds the position of Chief Financial Officer.

For more insights into the company's guiding principles, explore Mission Statement, Vision, & Core Values of CBAK Energy Technology, Inc. (CBAT).

CBAK Energy Technology, Inc. (CBAT) Mission and Values

CBAK Energy Technology, Inc. aims to be a leading high-tech enterprise in China's new energy field, focusing on research, development, manufacturing, and sales of high-power lithium batteries. The company is committed to providing reliable and sustainable energy solutions.

CBAK Energy Technology, Inc.'s Core Purpose

Official mission statement

CBAK Energy Technology, Inc.'s mission statement is to be a leading high-tech enterprise in China's new energy field, based on the research and development, production and sales of high-power lithium batteries.

• Focuses on becoming a key player in the new energy sector in China.
• Emphasizes innovation in the lithium battery technology.
• Highlights the integration of R&D, production, and sales to ensure a comprehensive approach.

Vision statement

While a specific, publicly declared vision statement for CBAK Energy Technology, Inc. is not readily available, the company's actions and strategic goals suggest a vision focused on:

• Becoming a globally recognized leader in the lithium-ion battery industry.
• Driving the adoption of high-power lithium batteries in various applications, including electric vehicles and energy storage systems.
• Committing to sustainable and environmentally friendly energy solutions.

Company slogan/tagline

As of April 2025, CBAK Energy Technology, Inc. does not have a widely publicized official slogan or tagline. However, considering their focus, a fitting tagline might emphasize their commitment to innovation and sustainable energy solutions.

To delve deeper into the company's mission, vision, and values, visit: Mission Statement, Vision, & Core Values of CBAK Energy Technology, Inc. (CBAT).

CBAK Energy Technology, Inc. (CBAT) How It Works

CBAK Energy Technology, Inc. specializes in the production, research, and development of high-power lithium batteries, alongside lithium battery packs, and energy storage solutions. These products cater to a variety of applications, including electric vehicles, light electric vehicles, and energy storage.

CBAK Energy Technology, Inc.'s Product/Service Portfolio

CBAK Energy Technology, Inc.'s Operational Framework

CBAK Energy Technology operates with a focus on producing and delivering lithium batteries and related products through the following key processes:

• Research and Development: Focusing on enhancing energy density, safety, and cycle life of lithium batteries.
• Manufacturing: Operating production facilities to manufacture lithium battery cells and packs.
• Quality Control: Implementing rigorous quality checks throughout the manufacturing process to ensure product reliability and performance.
• Sales and Marketing: Marketing products to electric vehicle manufacturers, light electric vehicle companies, and energy storage solution providers.
• Distribution: Delivering products to customers globally, ensuring timely and efficient delivery.

CBAK Energy Technology, Inc.'s Strategic Advantages

CBAK Energy Technology, Inc. maintains its competitive edge through several strategic advantages:

• Customization: Ability to tailor battery solutions to meet specific client requirements, offering flexibility in design and performance.
• Fast Charging Technology: Specialization in high-power batteries that support rapid charging, catering to the demands of the EV market.
• Market Diversification: Serving multiple sectors including electric vehicles and energy storage, reducing dependence on a single market.

To gain more insights into the company's background, you can explore this resource: Exploring CBAK Energy Technology, Inc. (CBAT) Investor Profile: Who’s Buying and Why?

CBAK Energy Technology, Inc. (CBAT) How It Makes Money

CBAK Energy Technology, Inc. generates revenue primarily through the development, manufacture, and sale of high-power lithium batteries. These batteries are used in a variety of applications, including electric vehicles (EVs), light electric vehicles (LEVs), and energy storage systems.

CBAK Energy Technology, Inc.'s Revenue Breakdown

As the latest 2024 financial data is not fully available yet, the following table presents a general overview based on available information and industry trends:

CBAK Energy Technology, Inc.'s Business Economics

The business economics of CBAK Energy Technology, Inc. are influenced by several factors:

• Pricing Strategy: The company employs a competitive pricing strategy, balancing cost-effectiveness with the high-performance characteristics of its lithium batteries. Prices are influenced by raw material costs (lithium, cobalt, nickel), manufacturing expenses, and market demand.
• Economic Fundamentals: The increasing global demand for electric vehicles and energy storage solutions drives the demand for lithium batteries. Government incentives and regulations supporting green energy initiatives further bolster the market.
• Supply Chain: Access to a stable and cost-effective supply chain for raw materials is crucial. Fluctuations in raw material prices can significantly impact profitability.
• Manufacturing Efficiency: Optimizing production processes to reduce costs and increase output is essential for maintaining a competitive edge.

CBAK Energy Technology, Inc.'s Financial Performance

Key aspects of CBAK Energy Technology, Inc.'s financial performance include:

• Revenue Growth: Revenue growth is closely tied to the expansion of the EV and energy storage markets. Monitoring year-over-year revenue changes provides insights into the company's market penetration and competitive position.
• Gross Margin: The gross margin, calculated as (Revenue - Cost of Goods Sold) / Revenue, indicates the company's efficiency in managing production costs. A higher gross margin suggests better cost control and pricing strategies.
• Operating Expenses: Analyzing operating expenses, including R&D, sales, and administrative costs, helps assess the company's investments in innovation and market expansion.
• Net Income/Loss: The bottom line reflects the company's overall profitability. Factors such as revenue growth, gross margin, and operating expenses all contribute to net income or loss.
• Cash Flow: Monitoring cash flow from operations, investing, and financing activities provides insights into the company's liquidity and financial stability. Positive cash flow indicates the company's ability to fund its operations and growth initiatives.
• Debt Levels: Assessing the company's debt levels and interest expenses is important for evaluating its financial risk. High debt levels can strain profitability and increase the risk of financial distress.

For a deeper dive into the company's financial standing, explore: Breaking Down CBAK Energy Technology, Inc. (CBAT) Financial Health: Key Insights for Investors

CBAK Energy Technology, Inc. (CBAT) Market Position & Future Outlook

The company navigates a competitive landscape in the lithium-ion battery market, with a focus on applications like electric vehicles (EVs) and energy storage systems (ESS). Future success hinges on capitalizing on market opportunities while mitigating risks inherent in the industry.

Competitive Landscape

Opportunities & Challenges

Industry Position

The company operates within the highly competitive lithium-ion battery industry. Its position is characterized by:

• Focusing on niche markets requiring high-power batteries, differentiating itself from larger competitors who target mass-market applications.
• Building strategic partnerships to enhance market reach and access to key technologies.
• Investing in research and development to improve battery performance and energy density.

For more in-depth insights into the company's core principles, explore: Mission Statement, Vision, & Core Values of CBAK Energy Technology, Inc. (CBAT).