Working together to tackle core technologies and key materials and jointly training postgraduates and doctors in the battery sector.
China BAK Battery, Inc. (Nasdaq: CBAK), the world's leading lithium battery manufacturer and electric energy solution provider, announced today that it has reached a strategic cooperation agreement with Dalian Institute of Chemical Physics of Chinese Academy of Sciences ("DICP"). Under the agreement, the two parties will jointly research and develop the next-generation key technologies and materials in power battery with an aim to produce the most powerful battery worldwide. In addition, CBAK and DICP will join hands in training technical talents in China's power battery industry so as to further promote the industrial development.