Industries International Awarded Chinese Patent

December 14, 2003 by Jeff Shepard

Industries International Inc. (China), a manufacturer and distributor of telephones, telecommunications-related technology and lithium batteries, announced that its wholly owned subsidiary, Li Sun Power, has been awarded a technology patent (Patent No. 03254599.1-China) for its battery control system for electric vehicles. The control system uses Li Sun Power's self-developed, real-time control and intelligent voltage stabilization control technology.

"Receiving this patent for our lithium battery technology attests to our ongoing progress in emerging as one of China's leading providers of lithium-ion batteries. This patent, coupled with our recently announced alliance with China's second largest automaker, Dong Feng Auto, to jointly develop a battery-powered vehicle, will uniquely position our company to lead China's electric vehicle industry," said Industries International Chairman and Chief Executive Officer Kit Tsui.