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Re: ChaTea post# 2961

Friday, 03/11/2011 9:09:41 PM

Friday, March 11, 2011 9:09:41 PM

Post# of 3734
Hi.

This is Ken Lin's response to the question I had regarding page 12 of the investor packet, which referenced the manufacture of battery packs as opposed to cells, and that the facility was operating at 70% capacity:

According to our management, started from 2011, NewPower's origianl business to manufacture battery cells has been switch with E'Jenie's original business to manufacture finish battery packs.
Through this switch, E'Jenie became a battery components manafacture which produce battery shells, caps and cells.
NewPower became a finish battery pack manufacture.
This switch will need more NewPower's capacity but the management believed this switch could help the Company to save costs.

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