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Rept Battero Energy Co. Ltd. (China)

Main Activities: Battery Manufacturing
Full name: Rept Battero Energy Co. Ltd. Profile Updated: November 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

The company was established in 25 October 2017 asb is the first enterprise in the new energy sector invested by Tsingshan Group, a Fortune Global 500 company. The company listing at Hong Kong stock exchange on 18 December 2023.
The company is mainly engages in the R D, production, and sales of lithium-ion batteries for power vehicles and energy storage from single cells to system applications. The company provides solutions for power battery systems for new energy passenger vehicles, commercial vehicles, special vehicles, construction machinery, ships, and aircraft.
History
Year Milestone(s)
2017 The Company was established.
At Shanghai R D center was put into operation, and our Wenzhou Facility I started construction.
2018 The company commenced trial production in our Wenzhou Facility I.
2019 50Ah LFP batteries produced by us were delivered to SolaX Power (浙江艾羅), a well-known global photovoltaic inverter manufacturer, indicating the opening of a new chapter of our business in the household ESS market.
80MWh standalone frequency adjustment energy storage systems produced by us were delivered to overseas customers.
EV batteries produced by us were delivered to the commercial EV sector for use in city buses and urban distribution logistics vehicles; EV batteries produced by us formally entered the domestic passenger car market, including the bulk delivery of ternary batteries and the entry of our LFP batteries into the supply chain of DFPV (Aeolus)
2020 With the development and mass production of 180Wh/kg high energy density EV battery, we entered the supply chain supporting system of SAIC-GM-Wuling (上汽通用五菱), and our EV battery installations
exceeded 1GWh in that year, making us one of the top ten EV battery manufacturers in China for the first time. The high-voltage series NCM523 battery replacing the NCM811 was successfully developed by us, for which
The company quickly achieved mass production and delivery. We were awarded the title of the Digital Workshop of Zhejiang Province in 2020.
2021 The Wenzhou Facility II commenced production. The Wenzhou laboratory obtained the national CNAS laboratory certification.
The long cycle life 280Ah ESS battery cells were launched.
The participated in the construction of domestic large-scale commercial and industrial ESS projects in provinces including Gansu and Shandong.
The obtained the 2021 Zhejiang Provincial Green Low Carbon Factory award, and were awarded the title of the 2021 “waste-free factories” of Zhejiang Province in 2021.
The selected as a designated supplier of EV batteries to a well-known domestic automaker Leapmotor (零跑汽車) and an emerging auto parts manufacturer Vremt (威睿電動), as well as an established vehicle company in Europe.
2022 The Company was converted into a joint stock limited liability company under the laws of the PRC with its corporate name changed to the current
name of REPT BATTERO Energy Co., Ltd.
Qingdao SAIC and Jiaxing SAIC became our shareholders as part of our Pre-IPO Investments.
The company established two joint ventures at Guangxi, Liuzhou with a wholly- owned sub-subsidiary of SAIC Motor (上汽集團) to build two production facilities for EV battery cell and battery pack with designed annual production capacity of 20GWh each.
The selected as a designated supplier of EV batteries to SAIC- Passenger Automobile (上汽乘用車), FAW (一汽奔騰), DNPV (Venucia) (東風日產(啟辰)), Hozon Auto (合眾汽車), Hycan (合創汽車) and a number of other domestic OEMs for new energy vehicle models. Our Group has achieved cooperation with a number of major domestic energy storage integrators such as Sungrow Energy Storage (陽光儲能), CLOU
Intelligent Energy (科陸智慧能源) and Ronghe BESS (融和元儲), and established cooperation with a number of well-known international energy storage integrators in respect of our ESS battery products, entering into the international market.
The launched the WenDing (“問頂”) technology, and the volumetric energy density, mass energy density and driving range of batteries utilizing this technology can exceed industry average.
2023 In June 2023, the Global Battery Alliance officially accepted our Company as one of its members.
Benefiting from our WenDing (“問頂”) technology, we launched 320Ah and 340Ah ESS battery products, to meet the market demands for large capacity ESS battery products. In particular, our 320Ah ESS battery
product had already obtained many international certifications, such as EU TUV certification IEC62619, North America UL certification (UL1973,UL9540A), and became the first ESS battery product with energy capacity of more than 300Ah to obtain the UL9540A certification in the industry.

Headquarters
Room A205, Building C, No. 205, Binhai 6Th Road, Airport New Area, Longwan District
Wenzhou; Zhejiang;

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Website: http://www.chinarept.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2017
Key Executives
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Chairman
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Chief Financial Officer
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Director/Member of the Board
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Outside Director
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Outside Director
Subsidiaries
Shanghai Rept Qingchuang New Energy Co., Ltd.
100%
Batterotech Corporation Limited
71%
Company Performance
Financial values in the chart are available after Rept Battero Energy Co. Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
15.19%
Total operating revenue
16.85%
Operating profit (EBIT)
14.85%
EBITDA
N/A
Net Profit (Loss) for the Period
28.43%
Total assets
36.35%
Total equity
3.3%
Operating Profit Margin (ROS)
2.48%
Net Profit Margin
5.29%
Return on Equity (ROE)
2.66%
Debt to Equity Ratio
22.49%
Quick Ratio
-0.06%
Cash Ratio
0.08%

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