In the morning of 16 April, Tianneng and the Zhejiang University of Technology, represented by Mr. Zhang Tianren, Chairman of Tianneng, and Mr. Ma Chun’an, Vice-President of the University, signed a cooperation agreement on production studies at the signing ceremony held at Changxing International Hotel.
 
The Zhejiang University of Technology is a first-tier integrated university directly under the provincial municipality. It has the best teaching staff and boasts top scientific R&D level among universities in the province with support of a national grade laboratory. The University has achieved major breakthroughs in the R&D of new battery models for lithium batteries, solar power batteries and fuel batteries, etc.  It has developed new technologies that filled the technological gaps in the battery industry in China and it is rated among the top in the country in terms of technological level.

Tianneng has maintained close relationship with the Zhejiang University of Technology over the years. The latest agreement represents the commitment of both parties to enhance the technological level of the new energy industry in China and foster industry development after extensive and in-depth discussion. Accordingly, the two parties will set up a joint R&D center and focus on R&D and promotion on the development of nickel hydride batteries, lithium batteries, solar and wind power storage batteries and fuel batteries.