China TMK Battery Systems Inc. (DFEL)

[Renee]

DFEL one for 40 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[makinezmoney]

$DFEL: They supply into manufacturers right now........


you wouldn't know them

they are chinese



GO $DFEL

[GreyEther]

But as of now dont make electric car batteries right?

[makinezmoney]

$DFEL : Check their website..........


I mentioned it in an earlier post.


They have deals with local auto makers



GO $DFEL

[GreyEther]

Followed you here from LBRMF. Where do you see this going realistically? Cant find much on them.

[makinezmoney]

$DFEL: There goes $0.24


No surprise there at all.


It should run after CBAT pricing to 7.35 right now.


Not a problem



GO $DFEL

[mick]

China TMK Battery Sy (DFEL)
0.07 ? 0.0 (0.00%)
Volume: 0 @-
Bid Ask Day's Range
0.05 0.0818 - - -
DFEL Detailed Quote

[makinezmoney]

$DFEL: Corporate Website.......... Active & Producing


www.tmk-battery.com/en/


*************************************************************



TMK was established in 2002 in Shenzhen China. As a pioneer in providing total power solutions, TMK has enjoyed rapid growth by working closely with our customers to develop comprehensive battery and charger products. TMK serves a world-wide spectrum of industry clients through technical strength, innovative products. Our customers benefit from TMK’s broad product and technical capabilities in Ni-MH, Li-Ion, Li-Polymer batteries and technologies, including High Rate Discharge, Low Self-Discharge(Ready to Use), High Temperature, Low temperature, Long Circle Life type. TMK products touch a wide variety of products in the rechargeable battery market, including industrial, consumer products, cordless phone, vacuum cleaner, R/C toy, emergency lighting, solar lighting, security product, medical device, and many other industrial applications.
TMK continuously invests in the development of more efficient and cost effective power products to meet the ever expanding power needs of our customers. We can customize various types of batteries at different customers’ requests. TMK has established long-term relationship with several well-known global enterprises, which laid solid foundation for the steady growth and development of the company.

Engineering Team

12 engineers,come from top battery manufacturers, like BYD,GP etc.

Have strong advantages in developing High Rate Discharge, Long Cycle Life, Wide Temperature battery.

All kinds of advanced machines.

Cooperate with top material manufacturers,priority getting advanced material into industrial application

Cooperate with Scientific Research Institution/University, for example, OVONIC.


CERTIFICATES:

ISO9001:2008, ISO14001:2004, UL, IEC62133(CB), RoHS and REACH approval, worldwide Product Liability Insurance.




GO $DFEL

[mick]

China TMK Battery Sy (DFEL)
0.0888 ? 0.0158 (21.64%)
Volume: 15,023 @11/27/20 10:27:04 AM EST
Bid Ask Day's Range
0.046 0.0888 0.0674 - 0.0888
DFEL Detailed Quote

[makinezmoney]

$DFEL : CBAT & KNDI news is good for $DFEL


Next one to run here.......... now at $0.073



GO $DFEL



***********************************************


CBAK Energy and Kandi Group Signed Supply Framework Agreement
9:25 AM ET 11/27/20 | Dow Jones
Related Quotes


4:00 PM ET 11/25/20
Symbol Last % Chg
CBAT
7.17 0.00%
KNDI
14.50 0.00%
Real time quote.



DALIAN, China, Nov. 27, 2020 /PRNewswire/ -- CBAK Energy Technology, Inc. ("CBAK Energy", NASDAQ: CBAT), a world's leading lithium-ion battery manufacturer and electric energy solution provider, announced that its wholly owned subsidiary, Dalian CBAK Energy Technology Co., LTD ("Dalian CBAK", or the "Company") signed Supply Framework Agreement with Zhejiang Kandi Vehicles Co., Ltd. ("Kandi Vehicles"), a wholly owned subsidiary of Kandi Technology Group (NASDAQ: KNDI) in Hangzhou, Zhejiang province. They will promote the development of pure electric vehicle together. The two parties will play their respective advantage, complement each other with their respective resources. A long-term strategic cooperation partnership would be built for the development, supply and recycling of power batteries.

According to the Supply Framework Agreement, Kandi Vehicles is planning to purchase 800 million RMB (approximately 120 million USD) worth of battery pack system and customized battery manufacturing service in 2021. The power batteries of Dalian CBAK has advantages below: high efficiency power output, good high-temperature performance, long cycle life and fast charging speed. With the help of those qualities, CBAK Energy can help Kandi Vehicles' electrical vehicles to further upgrade. The two parties will build a green and beautiful future travelling together.

As a world leading lithium ion power battery provider. CBAK Energy focuses on the development, manufacturing and sales of new energy vehicle power battery system solution and energy storage system. CBAK Energy provides the best solutions for global new energy application. Our products cover model 26650 and model 32140 cylindrical Lithium iron phosphate batteries, ternary batteries and lithium manganate batteries. The 32140 cylindrical cell has successfully adopted the tab-less design, which greatly reduced the cell's impedance and effectively solved the heat dissipation problem for large size lithium ion batteries. Compared to tesla's 4680 model, which they only applied tab-less design on anode, CBAK's 32140 battery is tab-less on both cathode and anode, which significantly optimized cell's performance.

Meanwhile, by enhancing the manufacturing procedure, the difficulty in electrolyte soaking and loss of space in the battery's case caused by tab-less design has been solved. The application of our product is very competitive in the market which includes passenger vehicle and energy storage etc.

There is no doubt that CBAK Energy and Kandi Group will extend the in-depth and long-term cooperation, which would facilitate the vehicle industry to become greener and smarter. Win-win result and development would be brought for both parties.

About CBAK Energy

CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a global leading high-tech enterprise engaged in the R&D, manufacture, and sales of high power lithium batteries. The application of its products and solutions covers such areas as electric vehicles, light electric vehicles, electric tools, transportation and energy storage. As the first lithium battery company in China to get listed in NASDAQ in January 2005, CBAK Energy possesses China's first production base specially engaged in power battery, and has its wholly-owned subsidiary, Dalian CBAK Energy Technology Co., Ltd, Dalian CBAK Power Battery Co., Ltd, Nanjing CBAK New Energy Technology Co., Ltd. and a large-scale R&D and production base in Dalian.

For more information, please visit www.cbak.com.cn.

About Kandi Technology Group

Kandi Technology Group is one of the leading electric vehicle supply chain companies in China. Kandi has been listed on the U.S. Nasdaq stock exchange since 2007. Kandi's headquarters are located in the beautiful lakeside city of Jinhua in the province of Zhejiang. Kandi operates four business lines: the development and sale of pure electric automobiles; electric vehicle parts such as battery packs, motors, etc.; intelligent battery swapping systems; and all-terrain vehicles. Kandi is recognized in China as a national hightech enterprise. It is a member of China's top 500 machinery companies, as well as the SinoUS clean automobile alliance. Kandi is organized through a number of whollyowned subsidiaries, and also owns 22% of Fengsheng Automobile Technology Group, a cooperative venture with Geely Automotive Group, one of the largest private automobile manufacturers in China.

For more information, please visit ir.kandigroup.com

Safe Harbor Statement

This press release contains forward-looking statements, which are subject to change. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All "forward-looking statements" relating to the business of CBAK Energy Technology, Inc. and its subsidiary companies, which can be identified by the use of forward-looking terminology such as "believes", "expects" or similar expressions, involve known and unknown risks and uncertainties which could cause actual results to differ. These factors include but are not limited to: the ability of the Company to meet its contract or agreement obligations; the uncertain market for the Company's lithium battery cells; business, macroeconomic, technological, regulatory, or other factors affecting the profitability of battery cells designed for energy storage; and risks related to CBAK Energy's business and risks related to operating in China. Please refer to CBAK Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2019, as well as other SEC reports that have been filed since the date of such annual report, for specific details on risk factors. Given these risks and uncertainties, you are cautioned not to place undue reliance on forward-looking statements. CBAK Energy's actual results could differ materially from those contained in the forward-looking statements. CBAK Energy undertakes no obligation to revise or update its forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

View original content:www.prnewswire.com/news-releases/cbak-energy-and-kandi-group-signed-supply-framework-agreement-301181184.html

SOURCE CBAK Energy Technology, Inc.

/CONTACT: Xiangyu Pei, [phone]

/Web site: http://www.cbak.com.cn

> Dow Jones Newswires

November 27, 2020 09:25 ET (14:25 GMT)

[makinezmoney]

$DFEL: NIO, LI, XPEV another chinese EV makers.............



Demand for Chinese batteries for the Chinese EV market going thru the roof.


Pretty obvious that $DFEL will sell out




Now at 0.07



GO $DFEL

[makinezmoney]

$DFEL : Chinese EV batteries


For Light Electric Vehicles..........


http://www.tmk-battery.com/en/index.html


Now at $0.05

China TMK Battery Systems Inc. designs, develops, manufactures and sells nickel-metal hydride cell (Ni-MH) rechargeable batteries. The Company offers a range of batteries types, including high rate discharge industrial-high release, which includes batteries of SC size, C size, D size, F size, AA size and AAA size; standard industrial-normal release, which includes batteries of SC size, C size, D size, F size, AA size and AAA size, and commercial/consumer, which includes batteries of AA size and AAA size. Its Ni-MH rechargeable batteries are used in power applications, such as vacuum cleaners and other household appliances; cordless power tools; medical devices; light electric vehicles, such as bicycles, electric vehicles and hybrid electric vehicles; light fittings; battery-operated toys; telecommunications; traffic control and traffic lighting applications, and personal portable electronic devices.
Company Contact

Headquarters

Sanjun Industrial Park
No. 2, Huawang Road, Dalang Street
BaoAn District
518109 Shenzhen
CHN

[Waldo3]

Is this company alive ,I have stock in it

[dandan2x72]

http://www.marketwatch.com/story/china-tmk-battery-systems-resumes-trading-on-the-otc-markets-2017-07-21-111603034

[Watcher31]

big volume ???

[stocktrademan]

DFEL buy 0.1400

TMK Power Industries Ltd.

Add: No. 09, New Ind. Park, XiaLingPai, Da-Lang, Long-Hua New Dist., Shenzhen, 518109 China
Tel: [phone]
Fax: [phone]
Mail: [e-mail]

http://www.tmk-battery.com/

TMK was established in 2002 in Shenzhen city China. As a pioneer in providing total power solutions, TMK has enjoyed rapid growth by working closely with our customers to develop comprehensive battery and charger products. TMK serves a world-wide spectrum of industry clients through technical strength, innovative products. Our customers benefit from TMK’s broad product and technical capabilities in NiMH, Li-Ion, Li-Polymer, LiFePO4 and NiCd batteries, technologies. TMK products touch a wide variety of products in the rechargeable battery market, including industrial, consumer products, outdoor lighting, military medical, electric tools, electric toys and many other special applications.




normal chart




log chart

[Kodi36]

has any one found any dd on this one? I know Richard oravec of pivo is the IR guy working on this!

[Rob~daBanca]

Nice couple of blocks goin thru here last two days.
$DFEL

[Kodi36]

So what happened with this today? This is another Richard oravec related holding

[Awl416]

Well well well

[Uboat]

.05's slapped... YAHOOOOO

[Uboat]

.04's up---- SKY's the limit

[Uboat]

UP 100% TODAY. What's up??

[Uboat]

new play on COBALT!!!!!!

[Uboat]

Back in the saddle. Let's ride!! WACKY STOCK

[seventhson]

TMK will be at the HK Autumn Electronic Fair next week.

Can anyone go and ask the company what's going on??

http://www.tmk-battery.com/News/2/2015/1005/19.html

[iindelco]

Layiiwand, Best of luck to you. Nice to see someone get out of this intact. Last financial update sure looked like a disaster.

[Layiiwand]

Thank you iindelco.... Sold 90% of my holding at a fraction gain. This POS is nothing but a joke.

[iindelco]

Well the stock is only worth what someone is willing to pay. Obviously the spread between bid and ask might seem to indicate the buyers and sellers cannot agree on the value of the stock. But then the stock is so illiquid, doesn't trade much, that one should question the true intent of the buyers and sellers.

As I've indicated in prior posts I don't know how this stock is being valued. The company is pretty much dark and the only information filed would suggest the company had little value if not bankrupt. One would have to go to China to have any real opportunity to know if there is any value and even then you would have to be educated in how to assess the true value of the asset and the ability to access that value. Not easy.

[rakp]

Can someone explain how this stock can stay at this inflated ( or not?) price with no trading?

[iindelco]

The one difference I see here vs CBAK is that while both have shown that they are completely incompetent in running a business, this from what one can garner from their filings, I found no red flags that were near as obvious with CBAK as they were with DFEL that people were stealing assets. An example: A few years back DFEL claimed to have purchased a lithium ion battery business that was profitable from another company for millions of US dollars. Now in this filling there is no such asset shown AND they are asking for money to buy a lithium ion battery business as they are broke. How is this thing even still trading let alone being where it's valued at?

I have not reviewed the latest filing extensively because it looks like someone compiled it as a joke. Just brief scans make me want to faint. Sorry, just one opinion but it's all we have to go by unless a trip is taken.

[rakp]

I hear what you are saying, difficult to see value on paper but that's true for CBAK as well and look how that stock behaves... China due to pollution etc seem to be pretty much committed to electric cars (batteries) in the future and it would not surprise me if a sudden and unexpected investment in the company brings it back to life again. Its all a gamble of course but I understand the government also brought CBAK back to life. One can speculate but than again anything is possible.

[iindelco]

Rakp. As I stated in an earlier post, one cannot garner from their filings why the company has any value at all. Maybe if one went to China and investigated there could be assets that are to be discovered that are not apparent in their filings. This unfortunately happens far too often with some of these small cap Chinese stocks. In the case of DFEL their filings look like a train wreck. But that's true of CBAK as well. I'll be darned if I get it.

[rakp]

If it's that dead, how come it still shows 19 cents? or is the price controlled by the 3 "entities"? Should be between 0-2 cents, the price of a shell company.

[iindelco]

One other point of interest. According to the filing,page 42, 99.46 % of the company is held by 3 entities. And yet there were not filings about this which is required over 5% when this level is breached. These guys are living in the wild west and I don't think they are even considering the interests of their public company requirements. Really haven't for some time.

[iindelco]

Just quickly reviewed the new filing. Ceased operations last year due to incompetence. Answer. Have great idea for new business model. Send money quick.

I see zero value in this company short of possible existing asset sales IF you could even get your hands on your share in front of the existing management. Probability = near zero.

This is a dead company.

Good luck to you.

BTW, That guy/gal that bought the shares at 0.03 cents will do very well if they can get out. A big if.

[Layiiwand]

Sooner or later.... Folks will see the potential here. They finally doing the right thing...

[Layiiwand]

Did you see the new filling?

[Layiiwand]

What's is your thought on the new 10-12 G

[iindelco]

Without getting non public information via insiders or actually traveling to China to do some due diligence I don't know what to think about DFEL other than what I've posted in the past. First off I had indicated that it would be a big red flag for me if the US educated CFO resigned. As I posted before he has and kept it kind of hidden. BTW US public companies are supposed to file with the SEC when corporate officers change.

http://www.sunshineoilsands.com/about-us/management/jin-jimmy-hu.html

Then we have the last filing with the SEC which we already talked about. Just a disaster.

http://www.secinfo.com/d12TC3.n21ed.htm

So again, based on what little info. we can garner from the internet I'd say DFEL is trading way down here for a reason. But then we have someone buying huge blocks at 3 cents and now a bid that moved up a penny. Why? Short covering of some sort? Just noise? I mean for long term holders it means nothing as there is little difference between 3 and 4 cents. But for someone playing the noise with small change it could be fruitful. And the last run when we went up into the 35+ cent range could have been a blast for those fortunate to get shares in the single digit range.

But all in all I still have to be rational and wonder why this asset isn't trading at zero based on the two data point posted. Ahh the Chinese!

Good luck to you in your decisions. I hope you do well but I can't supply any more than what I have. There used to be a guy on the Yahoo board that was far far more knowledgeable than I on the company but he hasn't posted in some time. So we have little without connections or traveling to take a look.

[Layiiwand]

What are your thoughts here. We go way back on this stock!!!! Will 2015 be the year?!?!

[Layiiwand]

Patiently watching... I will be making a move based on the new data.

[mannken]

New filing today, filing withdrawal?

http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10387084

I've not followed dfel, but the filing caught my attention on eq feed this morning as a CN battery play, I wonder if there is any association with cnct, another newer CN battery play coming out of Shenzhen, interesting to say the least, time for some more digging

watching dfel play now ...

[Layiiwand]

Somebody must really have some steel balls or know something. Regardless, I like it

[iindelco]

Well I guess a million share block just about cleans the books for those looking to take the tax write off this year. Someone thinks there is something left. You'd never know it from their latest filing w/ the SEC. Just dismal.

[Layiiwand]

This company must have a miracle or surprise coming out.

[iindelco]

And again, Where the heck is the lithium ion battery business they bought? In another document I posted previously it was paid for. Now, poof, it's vanished and they are talking about wanting to buy into the business if they can find funding. Yeah right. Steal ten plus million USD and ask for more! lol

http://www.prnewswire.com/news-releases/china-tmk-battery-systems-inc-signs-purchase-agreement-with-lithium-battery-producer-dongfang-hualian-127824703.html

[Layiiwand]

It is nonsenses... I don't know why they reporting this garbage. I think they got something coming though cuz reporting this garbage is terrible.

Is wife loaning the company money too?!?! Sup with that

[iindelco]

Looks like they were out of money last year. Dont even know how they ran their operations this year. Why did they even file anything? It's a disaster of a report.

BTW, What happened to the lithium ion battery operation they bought? It disappeared while they were not reporting.

[Layiiwand]

The update they provided isn't promising... They look like they out of money