On 31 January 2009, Tianneng Power International Limited has received accolades - “Most Trusted Electric Car Battery Brand of Consumers” and “Outstanding Contribution to the Development of Electric Car Industry” from CCTV.com and the “Chinese Best Brand of Motive Battery” for electric bikes from Frost & Sullivan – recognizing its hard work and good performance.

“The First Electric Car Annual Conference cum Electric Car Award Presentation Ceremony 2009”, organized by CCTV.com and presented by the Electric Car Channel on CCTV.com, was held on 31 January 2010 in Beijing. “Tianneng” was named the “Most Trusted Electric Car Battery Brand of Consumers” and the Company’s subsidiary Zhejiang Tianneng Battery Co., Ltd. was honored for its “Outstanding Contribution to the Development of Electric Car Industry in China”.

In addition, Tianneng Power was recently named the “Chinese Best Brand of Motive Battery” for electric bikes by Frost & Sullivan, the second win in a roll.

Mr. ZHANG Tianren, Chairman of Tianneng Power, said, “We are pleased to be honored by such authoritative organizations, which reflected the strong confidence of the market in our business and development prospects. The electric bike industry of China has grown with robust in the past decade or so into a key industry closely associated with people’s livelihood, whereas the electric car industry at large has also been assuming scale. As an industry leader, apart from benefiting from the booming electric car industry, Tianneng Power also contributes to building and driving growth of the industry. The many patented electric car batteries and related efforts we have made have helped foster development of the industry.

“With the scale of electrical car industry continues to expand, the relevant industries will continue to grow steadily. We will strive to strengthen the Company’s competitive edges, step up R&D and promotion of electric car batteries, as well as actively facilitate standardization of the industry and growth of the electric car battery market. We will tap the great potential of the industry to generate strong returns for shareholders.” Mr. Zhang concluded.