FDG Kinetic Limited (the “Company”) used to be a company investing primarily in energy conservation, environmental protection and clean energy with a “Green and Growth” investment philosophy. In recent years, the Company is committed to establishing and improving its lithium-ion batteries-related business chain through various acquisitions and partnerships, and its principal businesses include:
- Research and development, manufacturing and sales of lithium-ion batteries and related products; and
- Research and development, manufacturing and sale of cathode materials for nickel-cobalt-manganese lithium-ion batteries.
Meanwhile, the Company holds 21.85% of the equity interests in Advanced Lithium Electrochemistry (Cayman) Co., Ltd (an associated company of the Company principally engaged in the business of research and development, production and sales of cathode materials for lithium ferrous phosphate batteries). The Company is an indirect non wholly-owned subsidiary of FDG Electric Vehicles Limited.