ZHEJIANG MUSTANG BATTERY CO.,LTD.

We are a standing member of China Battery Industry Association, founded in 1992 and changed the system in 1996 as the name of Ningbo Lida Battery Co.,Ltd. In September of 2002, we have the new name as Zhejiang Mustang Battery Co., Ltd. We are an independent calculating & joint-stock company with the registercapital amounts to a sum of RMB 8.8 million, covering an area about 114,000 sq. meters and owning the rights for importing & exporting. In August 2000,we obtained the certification of ISO9000 international Quality Guarantee System. The annual output added up to 700 million pieces and sales volume amounted to RMB 300 million, and 65% of products were sold abroad in 2004. Now there are more than 800 employees in our company, including 150 R&D personnel. We set up an Engineering Technical Center of Primary Battery with high technical power. Our company specializes in producing of mercury-free super heavy-duty zinc-carbon battery and lithium battery. Total we owns 25 assembly lines in producing various kinds of batteries, including one LR6 mercury-free alkaline manufacturing battery line with 600 pcs per minute and one LR03 mercury-free alkaline manufacturing battery line with 400 pcs every minute, which were both introduced from Canada and are the most advanced lines in the world. We are the earliest company that producing Mercy-free Environmental battery in China. Our R6P battery has been ranked 1st place in inspection implemented by China Light-Industry Quality Inspection Center for many years and CR series lithium battery has been praised as City New Product. Our factory occupies a land of 20,000 square meters with more than 800 employees in company. The total annual output amounts to 700 million and annual sales income reaches to 300 million Yuan.