Tianneng Power International Ltd 2014 AR2
The report highlights Tianneng Power International Limited's financial and operational performance for the fiscal year 2014. Despite recording a net loss for the first time due to excess industry capacity and falling battery prices, the company achieved significant growth in its emerging business segments, including lithium-ion batteries, electric car batteries, and used battery recycling. Tianneng Power expanded its motive lithium battery production capacity to 1.25 GWh, positioning itself among the top industry players in China. Additionally, the company strengthened its environmental protection efforts, with five of its subsidiaries passing national environmental audits, ranking first in the industry.
Company: Tianneng Power International Ltd
Sector: Consumer Discretionary
Country: Hong Kong
Year: 2014
Type: AR2
Pages: 130
Tianneng Power International Ltd
Annual Report
The report highlights Tianneng Power International Limited's financial and operational performance for the fiscal year 2014. Despite recording a net loss for the first time due to excess industry capacity and falling battery prices, the company achieved significant growth in its emerging business segments, including lithium-ion batteries, electric car batteries, and used battery recycling. Tianneng Power expanded its motive lithium battery production capacity to 1.25 GWh, positioning itself among the top industry players in China. Additionally, the company strengthened its environmental protection efforts, with five of its subsidiaries passing national environmental audits, ranking first in the industry.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees