Liaoning Era Wanheng Co., Ltd.

Liaoning Times Wanheng Co., Ltd. (hereinafter referred to as the "Company") was established in Dalian, Liaoning in 1999. It was listed on the Shanghai Stock Exchange in 2000 with stock code 600241. It is a state-owned enterprise in Liaoning Province. As of September 30, 2024, the company's total assets were 1.238 billion yuan, liabilities were 143 million yuan, owners' equity was 1.095 billion yuan, and the asset-liability ratio was 11.55%; the company's total share capital was 294.3 million yuan, and the total market value was 2.29 billion yuan. The company focuses on its single main business of manufacturing new energy batteries. It has two core subsidiaries, Liaoning Jiuyi Energy Technology Co., Ltd. (hereinafter referred to as "Jiuyi Energy") and Liaoning Jiuyi Lithium Energy Co., Ltd. (hereinafter referred to as "Jiuyi Lithium Energy") located in Anshan High-tech Zone. Both are national high-tech enterprises and provincial "innovative small and medium-sized enterprises". Jiuyi Energy is mainly engaged in the development, production and sales of nickel-metal hydride batteries and new energy battery terminal consumer products. Its products are oriented to the international high-end market and it has long been among the top exporters of nickel-metal hydride batteries in China. Customers include Philips, Varta, Siemens, Bosch, Stanley Bader, Energizer, Procter & Gamble, Carrefour, Legrand, Electrolux, IKEA, Panasonic, Samsung, LG, Feiko and other internationally renowned companies. It has been awarded the titles of “Provincial Enterprise Technology Center”, “Intellectual Property Demonstration Unit”, “Import and Export Little Giant Enterprise”, and Advanced Unit of Scientific and Technological Innovation in Liaoning Province. Jiuyi Lithium Energy is mainly engaged in the development, production and sales of lithium-ion batteries and combination products. The products are targeted at high-end power tool applications. Its main customers include Philips of the Netherlands and Bosch of Germany.