·Tianjin shares 2016 power battery revenue exceeded 140 million yuan

On May 22, Tianjin (831437) issued a noticeable announcement on the listing counseling filing, saying that the company plans to issue shares for the first time and go public. At present, the counseling stage that has entered the initial public offering and listing is being accepted by Ping An Securities. The company has applied for suspension of trading in the National SME Share Transfer System.

Guangdong Tianjin New Energy Technology Co., Ltd., founded in September 2006, is a national high-tech enterprise specializing in providing green energy new energy vehicle battery system solutions. It has a polymer battery business unit and a power PACK business unit. Four business units including the Aluminum Shell Cell Division and the Digital PACK Division, and the Power Storage Research Institute. Since 2013, Tianjin has been involved in the field of new energy vehicle power batteries, and established the New Energy Power & Energy Storage Research Institute to connect the R&D technology of the new energy vehicle power battery & energy storage battery project.

On December 8, 2014, Tianjin Co., Ltd. officially listed the “New Third Board” in Beijing, successfully landed in the capital circle, and officially made a market transaction on July 16, 2015. On May 21, the National Stock Transfer Company released the 2017 Innovation Layer Primary Selection List. Tianjin Shares was selected for the second consecutive year.

In 2016, Tianjin's total revenue was 62,215.70 million yuan, of which power battery revenue was 141,600,900 yuan, accounting for 22.60% of total revenue, digital battery revenue was about 407,793,400 yuan, accounting for 70.85% of total revenue, small power battery revenue 365.359 million yuan, accounting for 5.85% of total income. The company achieved a net profit of 38.455 million yuan in 2016, a year-on-year increase of 70.22%. As of December 31, 2016, the company's total assets were 904.082 million yuan and net assets reached 281.207 million yuan.

Tianjin Co., Ltd. said that its operating income in 2016 was 622 million yuan, an increase of 211 million yuan over 2015, with a growth rate of 51.39%. The net profit for 2016 was 38.455 million yuan, an increase of 15.863 million yuan over 2015, with a growth rate of 70.22%. The main reason is that the company's digital products have maintained steady growth, the power battery has been precipitated in the early stage, and the fourth batch of the Ministry of Industry and Information Technology has disclosed the catalogue. The power products have been recognized by customers. In this period, the sales volume reached 141 million yuan, and the market for small power battery products was invested. The increase was 36.395 million yuan.

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