DALLAS, March 26, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring Advanced Battery Technologies Inc. (Nasdaq:ABAT). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The full report is available at: http://www.beaconequity.com/i/ABAT
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Advanced Battery Technologies Inc. (ABAT) is a holding company with one subsidiary, Cashtech Investment Ltd. (Cashtech). Cashtech Investment Ltd. is also a holding company with only one subsidiary, Heilongjiang ZhongQiang Power-Tech Co. Ltd. (ZQ Power-Tech). ABAT also owns a 49% interest in Beyond E-Tech Inc., a company that distributes cellular telephones in the United States. In April 2009, ABAT completed the acquisition of Wuxi Angell Autocycle Co. Ltd.
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In the report, the analyst notes:
"ABAT has grasped the opportunity for nanometer material development and has taken the initiative to R&D. Manufacturing this kind of nanometer material batteries features fast recharging time (6mins) and a long life cycle.
"As ABAT's own-intellectual property, the polymer lithium ion battery employs a stack technique. Its structure is a multi-stack parallel connection rolling type. This technique has gained patent rights from the State Intellectual Property Office of the People's Republic of China. ABAT is now in the manufacturing stage. Various tests of the product show that it is practically superior to the liquid-lithium ion battery now widely used in the market."
To read the entire report visit: http://www.beaconequity.com/i/ABAT
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