Large-Scale Manufacturing: TWS Benefits from Economies of Scale Large-Scale Manufacturing: TWS Benefits from Economies of Scale #%SPLIT%#

TWS is a large-scale professional and independent Lithium-ion battery manufacturing company. In September 2012, TWS was ranked second largest by total shipments in the IIT report in Japan (from the leading battery research institution). TWS owns R&D centers in the United States, Japan, and Europe, and two manufacturing bases in China. TWS's manufacturing facilities operate on a 24/7 basis with a 2/3 shift system which improves supply availability to enhance flexibility in meeting customers' demands. Its industrial park in Guangzhou covers an area of ​​ 120,000 square meters, accommodating comprehensive production facilities and advanced production capabilities, producing more than 10 million battery packs weekly. Meanwhile, in Shanghai, the Group's Lithium-ion cell factory has an area of 100,000 square meters and will boost its annual production capacity to exceed 650 megawatt hours, approaching industry-leading level.

Our large-scale production capacity enables us to fulfill even the largest order with stringent quality control, rapid program ramp-up time and strong program management, customer services and logistics support. In the next decade, demand for Lithium-ion batteries will continue to increase, and annual consumption of Lithium-ion cells will expand dramatically. The Group will utilize its unique large scale and high-quality production to meet the opportunities and challenges arising from this growth in market demand, further expanding our capacity as needed and ensuring TWS's leading position in the Lithium-ion battery industry.



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