Coslight Technology International Group Co., Ltd. was established in 1994, and listed at Hong Kong United Stock Exchange in 1999. As one of the "Top 100 Electronic Enterprises in China", the Group now has 21 subsidiaries such as Harbin Coslight Storage Battery Co., Ltd. and Harbin Coslight Power Co., Ltd., 13 overseas subsidiaries or offices in Russia, Germany, Britain, Italy, Turkey, the United States, Canada, etc., and a postdoctoral workstation and an institute.
Business of the Group
The major businesses of the company are traditional manufacturing industry, mining industry and the internet industry. The primary products are classified in to three categories: firstly, battery-related manufacturing industry including valve-regulated lead-acid batteries and lithium-ion batteries; secondly, the lead-zinc mine to provide raw materials for lead-acid batteries; and thirdly, the operation, research and development of online games.
VRLA Storage batteries
The valve-regulated lead-acid batteries applied in the telecommunication fields are produced by Harbin Coslight Storage Battery Co., Ltd. and Shenyang Northeast Storage Battery Co., Ltd. As one of the largest battery manufactures in China (the largest sacle, the most advanced technologies and equipments), the company has over 30% Chinese market shares.
As the secondary primary products of Coslight Group, the lithium-ion batteries include three types, namely, Lithium-ion batteries, Lithium polymer batteries and Lithium Ferrite batteries, produced by Harbin Coslight Power Co., Ltd,. The Lithium-ion batteries are mainly used as the fittings of the cell phone; The Lithium Polymer batteries are mainly used in MP3, mobile phones Bluetooth headsets, and other small electronic products.
The Lithium Ferrite batteries are mainly used in electric bicycles, electric vehicles and back-up power.
The Ni-MH batteries, produced by Lexel Battery (Shenzhen) Co., Ltd., are use for cordless telephones, stationary business telephones and walkie-talkie phone razors, radios, tape recorders.
In order to improve the supply chain, ensure the stability of product costs, enhance key competitiveness, Coslight Goup have owned two lead-zinc mines . One is located in Primorsky Territory Faso of Russia Mining which mining licence period is 25 years, lead grade is 4.36%, and zinc grade of 5.27%, the reserves is 300,000 tons, the mining capacity per year expected to be 15,000 tons, of which, about 7,000 tons of lead, and 8,000 tons of zinc.
The other one is located in Altai Territory of Russia which mining licence period is 25-year mining permit, the Copper grade of 2.14%, lead grade of 6.2%, and zinc grade of 9.82%, the total metal reserves is 545,000 tons, of which, 6.4 tons of copper, 186,000 tons of lead, and 295,000 tons of zinc. the mining capacity per year is 35,000 tons.
Beijing Guangyu HuaXia Sci-Tech Co., Ltd. was founded in 2000, firstly established the North Star net station for the electrical power system. In 2004, the North Star net station was transferred and the Group entered into the field of online games. Through two years hard efforts, all major difficulties are solved in 2007 and the businesses operated smoothly. At the same year, the company was ranked one of the top 10 online games operators. The online games business started making profit in 2007. Profits in 2008 & 2009 1H have significantly increased.
The online games in operation are 問道、西游Q記、秦始皇、炫舞吧. The peak concurrent on-line players exceeded 1,000,000 during 1H 2009. The company is currently in the track of healthy & rapid development.
Our Mr. Quincy Chen (email: firstname.lastname@example.org) and Mr. Zhang Li Ming (email: email@example.com) are responsible for IR. Telephone number is (+852) 2542 3987.
updated 4th November, 2009
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