Profile: China Teletech Holding Inc (CNCT.PK)

CNCT.PK on OTC Markets Group

24 Nov 2015
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China Teletech Holding Inc., incorporated on March 29, 1999, is a company engaged in the manufacture of lithium-ion polymer batteries. Substantially all of the Company's operations are located in the People's Republic of China (PRC) through its 51% equity ownership of Shenzhen Jinke Energy Development Co., Ltd. (Jinke). The Company operates its business through its subsidiary, Jinke. Jinke is primarily engaged in the manufacturing and design of batteries, including lithion-ion polymer batteries. Jinke develops and manufactures lithium-ion polymer batteries with approximately different models and specifications for a range of products. The Company's products are sold and distributed both domestically and internationally. Approximately 48% of the Company's revenue is derived from its international sales network, with customers in North America, South Asia, the Middle East, Europe and Central America. Jinke is located in Junxin Industrial Zone, Shenzhen, China.

The Company designs and manufactures lithium-ion batteries on an original equipment manufacturer (OEM)-basis for its customers. The Company generally categorizes the lithium-ion batteries it produces as follows: small-size batteries primarily used in digital consumer electronics products, such as notebook PCs, cameras, portable media players, navigational tools and medical instruments; large-size batteries, or high power polymer batteries, primarily used in remote-control vehicles, electrical tools and emergency power supplies, and Paper or micro batteries primarily used in portable devices such as smart cards, wireless devices and packaging solutions. Paper batteries are composed of carbon nanotubes that flank a sheet of cellulose-based spacer. Jinke primarily manufactures its paper batteries for use in smartcards, but these batteries have the potential to be used in a range of thin digital devices. The Company's manufacturing operations are conducted in the Junxin Industrial Zone, Shenzhen, Guangdong, China. The Company has a total of six production lines in an approximately 11,531 square meter facility. It provides OEM manufacturing, design and labeling services. The Company also offers after-sales services to its customers, including product quality insurance, distribution logistics, financing and R&D improvements.

The Company competes with Hong Kong Highpower Technology, Inc., Mbell Technology Groups, Shenzhen SJY Energy Technology Co., Ltd and Shenzheng Mottcell Battery Technology Co., Ltd.

Company Address

China Teletech Holding Inc

1201 Hays St
TALLAHASSEE   FL   32301-2699
P: +1850.5211000

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