Financial Data and Key Metrics Changes - The company's net revenue surged more than eight-fold year-over-year to $80.2 million, primarily driven by the battery business and materials for lithium battery cells [5][13] - Cost of revenues increased by 888% to $74.9 million, resulting in a gross profit of $5.3 million, which is an increase of 189% from the prior year [13][14] - Gross margin decreased to 6.6% from 19.5% in the same period of 2021 due to rising raw material costs [14] - Operating expenses rose 256% to $6.7 million, with R&D expenses increasing by 585% to $3.3 million [14] Business Line Data and Key Metrics Changes - Approximately $50 million of the revenue came from the battery business, while about $65 million was derived from materials for lithium battery cells due to the Hitrans merger [5] - The material business from Hitrans is a major revenue stream benefiting from material price inflation [8] - The company is focusing on maintaining stable revenues from batteries used in uninterruptible supplies and expanding the revenue share of large cylindrical batteries [7] Market Data and Key Metrics Changes - As of May 9, the company had outstanding battery orders worth approximately JPY400 million (about $59 million) [7] - The company expects to receive larger orders in the third quarter, particularly in energy storage [21] Company Strategy and Development Direction - The company aims to lead in lithium-ion production and electric energy solutions while maximizing shareholder value through upstream and downstream investments [10] - Plans to develop large cylindrical batteries targeting light electric vehicles and passenger-grade EV markets [6] - The company is actively seeking quality assets and valuable targets in the new energy industry to stabilize its supply chain and enhance investment returns [10][28] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that the pandemic has introduced uncertainties but noted that their plants have not been significantly affected by lockdowns [24] - The company remains optimistic about growth and future business potential, especially with increasing production capacity at the Nanjing facility [6][20] Other Important Information - The company has signed long-term supply agreements with major suppliers to secure materials and mitigate the impact of rising raw material prices [9] - The change in fair value of warrants was $1.6 million in the first quarter compared to $28.4 million in the prior year [15] Q&A Session Summary Question: Update on the development of the 46800 battery - The company has completed the prototype development of the 46800 battery and is proceeding with further developments [18] Question: Production situation in the Nanjing plant and major products - Production capacity in Nanjing is increasing, with a focus on two-wheelers and three-wheelers, expecting significant orders by the end of June [21] Question: Impact of COVID-19 on performance - The pandemic has brought uncertainties, but the company has managed to keep operations running smoothly across its plants [24] Question: Plans for further acquisitions or mergers - The company is open to more acquisitions similar to Hitrans to enhance financial investment and core business development [27][28] Question: Plans for new production lines in 2022 - The company is expanding production capacity in Dalian and is prepared to invest in new production lines if customer demand increases [32]

CBAK Energy Technology, Inc. (NASDAQ:CBAT) Q3 2021 Earnings Conference Call November 12, 2021 8:00 AM ET Company Participants Terry Li – Investor Relations Director Yunfei Li – Chief Executive Officer Xiangyu Pei – Interim Chief Financial Officer Conference Call Participants Laura Liu – Stone Street Group Operator Good day, ladies and gentlemen. Thank you for standing by and welcome to CBAK Energy Technology’s Third Quarter 2021 Earnings Conference Call. Currently all participants are in a listen-only mode. ...

CBAK Energy Technology, Inc. (NASDAQ:CBAT) Q2 2021 Earnings Conference Call August 16, 2021 8:00 AM ET Company Participants Thierry Li – Investor Relations Director Yunfei Li – Chief Executive Officer Xiangyu Pei – Chief Financial Officer Mr. Xiujun Tian – General Engineer Interpreter – Mr.Bing Conference Call Participants Karl Birkenfeld – American Trust Howard Yufem – Linden Capital Laura Liu – Stone Street Group Lucy Liu – Venture Capital Unidentified Analyst – Analyst Operator Good day, ladies and gentl ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10−Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 001-32898 CBAK ENERGY TECHNOLOGY, INC. (Exact Name of Registrant as Specified in Its Charter) | --- | ...