Strong Energy signed a $ 5.7 million lithium-ion battery supply contract
Strong energy (ABAT 3.65 +2.53%), an industry-leading polymer lithium-ion battery developer, manufacturer and marketer, today announced the company on Aug. 24th, 2010 sighed a polymer lithium-ion battery supply contract with Hang Optoelectronics Technology Co., Ltd. . Hang China Optoelectronics Technology Co., Ltd. is located in Dongguan City, Guangdong Province, mainly engaged in lithium battery and power management system of production and assembly sales.
The total contract value is about 5.7 million U.S. dollars, shipping will begin in 30 days. Hang Man of Strong company will provide lithium-ion phosphate battery pack, the battery pack will be LED lights, radio and lights to provide energy. The street light will use a single battery capacity 50AH Li-ion phosphate battery.