China TMK Battery Systems Inc. announced the company’s financial results for the third quarter ended September 30, 2011.
“During our third quarter of 2011 we continued to see solid revenue growth across our battery product lines,” said Henian Wu, Chairman and President of TMK. "The demand for batteries to power consumer electronics, household products, and power tools in both China and globally continues to escalate. Our recent capacity expansion enables us to meet this robust demand while continuing to increase market share. We are also working closely with government to get approval on our acquisition of lithium battery producer Dongfang Hualian, which will expand our product line and enter a multi-billion dollar, rapidly growing global market."