China BaK Battery Inc. Announces the Resignation of Chunzhi Zhang as Member of the Board of Directors and Member of Audit, Compensation and Nominating and Corporate Governance Committees
January 15, 2016 at 09:56 pm
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On and effective January 14, 2016, Mr. Chunzhi Zhang resigned as a member of the Board of Directors of China BaK Battery Inc. and as a member of each of the Board's Audit, Compensation and Nominating and Corporate Governance Committees.
CBAK Energy Technology Inc is a China-based investment holding company. The Company primarily operates through two segments. The CBAK's segment mainly includes the manufacture, commercialization and distribution of a wide variety of standard and customized lithium ion rechargeable batteries for use in a wide array of applications. The Hitrans' segment mainly includes the development and manufacturing of NCM precursor and cathode materials. The Company's products are sold to packing plants operated by third parties primarily for use in mobile phones and other electronic devices. Its products are used in various applications, including electric vehicles (EV), such as electric cars, electric buses, hybrid electric cars and buses and light electric vehicles (LEV), such as electric bicycles, electric motors and sight-seeing cars, and electric tools, energy storage, uninterruptible power supply (UPS), and other high power applications.
China BaK Battery Inc. Announces the Resignation of Chunzhi Zhang as Member of the Board of Directors and Member of Audit, Compensation and Nominating and Corporate Governance Committees