Tianneng Delivers Lithium Batteries Overseas for the First Time, Partnering with Bangladesh Giant to Tap South Asian Market

Recently, Tianneng Group Co., Ltd. (SHA: 688819) announced a partnership with RAHIMAFROOZ Group, a leading battery manufacturer in Bangladesh, and has successfully delivered its first batch of lithium-ion batteries for low-speed vehicles overseas. These batteries are primarily used in three-wheelers and micro electric vehicles (commonly known as “Lao Tou Le” or “senior-friendly cars”) and do not currently target two-wheeled electric vehicles. RAHIMAFROOZ is Bangladesh’s leading battery company, offering a comprehensive portfolio that includes lead-acid batteries, lithium-ion batteries, energy storage systems, and solar solutions. The company boasts an established sales network and strong brand recognition across South Asia. Leveraging RAHIMAFROOZ’s extensive distribution channels, Tianneng aims to accelerate its market expansion in Bangladesh and neighboring regions. This collaboration marks a critical step forward in Tianneng’s internationalization strategy for its lithium battery business and is expected to enhance the company’s market share and brand influence in the overseas low-speed vehicle segment.