China Thunder Sky Battery Limited (TS). TS is a private joint-stock company, authorized by SAIC and incorporated in Shenzhen in PRC, a High-tech integrated group enterprise with core IP technology of International patent rights, specializing in research, development and production of Life Source Rare Earth Yttrium Ion Lithium Materials and Power Battery Technologies. With registered capital of RMB 130 million , currently the company&＃039;s total assets have reached RMB 31 billion. Mr. Winston Chung, the founder, has established the Life Source Lithium Ion Power Battery experiment base, tackling a series of technical difficulties in Pure Electric Vehicle Powertrain R & D and auxiliary charging station terminal solution since 1995. From August 1998, in Shenzhen, based on his own invention on Lithium-Ion Power Battery Technology, Mr. Winston Chung gradually invested to set up Thunder-Sky Industrial Park, where he founded Rare Earth Yttrium Iron Lithium Cathode material production plant, Yttrium Iron Lithium Power Battery production plant, Rare Earth Permanent Magnet Synchronous Motor and electrical control systems production plant, Special Equipment Manufacturing plant for the designed production of TS Lithium Battery, and Pure Electric Vehicle Powertrain Assembly plant, The company already has production capacity of thousands of tons of Rare Earth Yttrium Lithium Iron Cathode Material and 100 million AH Yttrium-Iron-Lithium Power Battery in two major categories of of LFP and LP, which can complete Powertrain Assembly of four kinds Electric Vehicle as Pure Electric Car, Electric-Bus, Electric City Bus and Electric Tour Bus, and can also provide ideal Yttrium Lithium Iron Battery in Solar Power, Wind Power, Mobile Communication Base Station, UPS, Electric Yacht, Electric Boat, Tour Submarine, Engine Start-up and other areas.