Cbak Energy Technology, Inc. · NASDAQ:CBAT
Cbak Energy Technology — China BAK Battery — Investor Presentation (February 2008)
10 slides from Cbak Energy Technology's investor presentation, Feb 19, 2008
Slide 1: Feb 2008
Feb 2008 EB BAK
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
IONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This presentation includes or incorporates by reference statements that constitute forward- looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
Slide 3: Revenue by fiscal year (US$M)
US$M $250 $210 $200 $144 $146 $150 $102 $100 $64 $50 $20 r] so | = FY 03 FY 04 FY 05 FY 06 FY 07 FY 08 E For the fiscal years ended September 30 & B A K
Slide 4: Q1 FY08 highlights
v Rev. $53M, a record; up 21% vs. Q407 v HP “on schedule”; positive product mix shift continued v Gross margin stabilizing; headcount reduced by 12%; DSO, Inventory turns improved v Improved cash position and strengthened capital structure through $14M PIPE ¥ Challenges: Rising material costs; high
Slide 5: Revenue and product formats: Q4FY07 vs Q1FY08
Q4FY07 $44M Q1FY08 $53M BAluminum Case MSteel Case Macks BHigh Power cylindrical ™ Polymer BAK
Slide 6: Applications for lithium-ion batteries
Notebook j rs Computers % | Digital y i Cameras ~ Date <A Bluetooth Headsets A Hybrid-electric vehicles —_ Uninterruptible Power MP3/Portable Entertainment Supply Ree ene & BAK
Slide 7: High-power batteries
Eprrrnaay ¥ China BAK is the only Chinese manufacturer with commercial production v Major source of growth: now 5% of Rev; will account for 50% by 09 v Customers ~ Shipping to several battery pack manufacturers ~ Letter of Intent signed with HP in Aug 07
Slide 8: Polymer batteries
v Utilized for small-format batteries customized in size and shape for specific applications v Now accounting for 10% of Rev. v Aggressively targeting OEM customers v Current applications include: — MP3 players — Bluetooth headsets — Ultra-light cell phones
Slide 9: Cell phone batteries: replacement and OEM markets
urrently 85% of Rev. v Replacement market unique to China — Cell phones are sold and resold through an existing distribution network — not disposed of like in the US, creating strong demand for replacement batteries — BAK has 60%+ share of this replacement battery cell market ¥ OEM market in China —
Slide 10: Management team
igqian Li, Chairman and CEO — Visionary leader in China Li-ion battery industry — Led CBAK since founding; full time, operating CEO v Tony Shen, CFO — Former CFO at eLong Inc (Nasdaq: LONG), led eLong to its first quarter of operating profit — Directed comprehensive cost/expense reduction efforts v
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