Ritar Power (Vietnam) Co., Ltd. is located in Chengchenggong Industrial Park, Zhanpeng County, Xining Province, Vietnam. It was established in June 2016 and focuses on the production of environmentally friendly cadmium-free lead-acid batteries. It covers an area of 110,000 square meters, a construction area of 76,000 square meters, and an investment of 120 million US dollars. The company adopts the latest fully automated production line and was officially put into production in July 2018.

Vietnam Ritar will build a modern, high-level solid cadmium-free environmentally friendly, lead-carbon and graphene lead-based battery production base. The project will be built in three phases. After completion, the annual turnover will reach 600 million US dollars. The products will be widely used in energy storage, power, telecommunications, light electric vehicles (LEV), uninterruptible power supply systems (UPS), communication system backup batteries, automatic control, radio and television, communications and solar wind energy and other industries.

Vietnam Ritar adopts the world's most advanced production lines and has established the development strategy of "lean production, information management, and intelligent factory". It vigorously develops three major areas of technological innovation, smart energy and smart factories of Industry 4.0. Create smart factories for Industry 4.0 and promote lean production. Through informatization and intelligent technology management, the efficiency of manual and automated manufacturing has been greatly improved. At the same time, the power of the Internet is fully utilized to accelerate the efficient operation of the circulation link and strengthen the connection with end users. Intelligent manufacturing and the Internet, one real and one virtual, have improved the competitiveness of our products in the information age.

Ritar Vietnam Factory, with a high degree of automation, a complete product line and a huge investment scale, will be the largest sealed battery production factory in Vietnam. It is also an important step for Ritar Power to provide more choices for large and medium-sized customers at home and abroad and move towards international integration.

Hengyang Rich New Energy Co., Ltd. was established in 2019. Its main business scope: lithium-ion batteries, lithium polymer batteries, fuel cells, power batteries, ultra-large capacity energy storage batteries, supercapacitors, battery management systems and rechargeable battery packs, wind and photovoltaic energy storage systems, development, production and sales of related equipment and instruments, and after-sales service; investment in the new energy industry.

Main business: Energy storage lithium battery system provider

Focusing on the research and development, production and sales of new energy vehicle power battery systems and energy storage systems, the company is committed to providing first-class solutions for global new energy applications. The company has core technical advantages and sustainable R&D capabilities in key areas of the industry chain such as battery safety, battery materials, battery systems, and battery recycling, and has formed a comprehensive and complete production service system.