CHNS -3x Short China

RNS Number:4438C
China Shoto plc
20 August 2007


Press Release                                            20 August 2007





                                China Shoto plc


                         ("China Shoto" or "the Group")



                   Tender to supply batteries to China Unicom



China Shoto (AIM:CHNS), a leading Chinese producer of industrial batteries and
power supply systems, today announces that its subsidiary Jiangsu Shuangdeng
Power Supply Co., Ltd ('Jiangsu') is one of a number of companies to have won
tenders through a competitive bidding process to supply China Unicom, the second
largest mobile telecommunications operator in China, with 2V and 12V AGM and GEL
batteries. China Shoto's share has an estimated value of #8 million over 9
months.


Cao Guifa, Chairman of China Shoto plc, said: "This latest tender will make
China Shoto the largest supplier of AGM- and GEL-type batteries to China Unicom
and consolidates our relationship with one of the world's leading international
cellular operators.  China Shoto has been continuing to grow according to plan
with a number of smaller contracts which underpin the Group's prospects for the
current financial year."


                                    - Ends -



For further information:
China Shoto plc
Cao Guifa, Chairman                                    Tel: +44 (0) 20 7398 7700
                                                              www.chinashoto.com


Seymour Pierce Limited
Stuart Lane / John Depasquale                          Tel: +44 (0) 20 7107 8000
jdp@seymourpierce.com                                      www.seymourpierce.com



Media enquiries:
Abchurch
Ariane Comstive / Monique Tsang                 Tel: +44 (0) 20 7398 7705 / 7712
ariane.comstive@abchurch-group.com                        www.abchurch-group.com




Notes to Editors


China Shoto is one of China's leading companies engaged in the design,
development and manufacture of reserve power and motive lead acid rechargeable
batteries, together with a range of relating products including charger, power
equipment and battery accessories.


The Group has leading market share in rechargeable lead acid batteries, and is
the largest producer of VRLA batteries in China, which are widely used in
electric powered bicycles.  In addition the Company is a leading provider of
back up batteries to the telecommunications sector.


Battery products are exported to the USA, Europe and Asia, where China Shoto can
benefit from the quality and price competitiveness of its products.  The Group
has achieved ISO9001 Quality Systems Accreditation and ISO14001 Environmental
Systems Accreditation.


China Shoto also holds a controlling stake in Beijing Full Three Dimension
Engineering Co. Ltd (FTD) a steam turbine designer and refurbishment company.
As demand for electricity in China continues to rise, the requirement for
increased capacity has lead to strong demand for improving the efficiency and
output of existing steam turbines as well as demand for new build turbines.


The Group has an extensive research and development facility and also has strong
relationships with Chinese universities.  Research projects include the
improvement existing products as well as the development of super capacitors,
lithium batteries and direct methanol fuel cells.  China Shoto over 90 patents
registered in China.


With extensive modern facilities in Taizhou City, some 220 kilometres from
Shanghai, a manufacturing facility in Beijing and a large research and
development facility in Nanjing, China Shoto has a leading position in the fast
growing global reserve power and rechargeable battery market.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

MSCUKUKRBVRWAAR

-3x Short China (LSE:CHNS)
Gráfica de Acción Histórica
De Oct 2024 a Oct 2024

-3x Short China (LSE:CHNS)
Gráfica de Acción Histórica
De Oct 2023 a Oct 2024