On April 17, 2020, the foundation laying ceremony of Ritar Battery Supporting Industrial Park and the opening ceremony of the Lithium Battery Pack Line Project of Hengyang Rich Power Co., Ltd. were held in Hengyang Ritar Industrial Park, Songmu Economic Development Zone, Hunan Province.
The investment of the two projects is planned to be 600 million yuan.
Ritar Power was awarded the Best UPS Energy Storage System Solution Award and Top Ten Energy Storage Battery Suppliers of the Year of China Energy Storage Industry in 2019.
In September, Hengyang Rich Power Co., Ltd. came into existence and started to offer lithium batteries for energy storage and UPS.
Ritar launched new products – Lead Carbon Battery and Cloud Battery.
On July 22th, 2018, Ritar Vietnam Industrial Park was formally put into operation.
Ritar Vietnam Industrial Park starts construction with an area of 110,000 square meters, a total investment of USD80 million and the capacity planning is 5million KVAH.
Apr Ritar Power was awarded the Top Ten Storage Battery Suppliers in Optical Storage Charge Industry of the year in China.
According to Chinese customs statistics in 2016, the company's export of lead acid batteries in China ranked second.
August 27th，Dongguan RBD Technology Co., Ltd. was listed on the new three board listing.
Dongguan RBD Technology Co., Ltd’s "machine substitution project" was identified by the expert group, and became the first successful enterprise in acceptance test in Dongguan;
OPzV tubular gel batteries, OPzS flooded tubular batteries and traction battery are well sold at home and abroad, and received great favor by customers.
Ritar bought a traction battery factory of 55 years to set up Hengyang HAC and start making traction batteries.
Ritar’s 10th anniversary. Over the past ten years Rita creates a miracle of average annual sales growth by 66% and average annual net profit growth by 261%.
Dongguan RBD Technology Co., Ltd. came into existence. The plant area is over 90,000 square meters, and the total investment is about 1.1 billion RMB. It manufactures mobile phone Cover Glass, touch screen Substrate Glass, high quality lens for tablet PC, MP3, MP4, camera, etc.
Chenzhou Guoda Nonferrous Metal Co., Ltd was set up.
Ritar was honored with the Award of “Guangdong Famous Trademark”.
Ritar started the construction of Phase II project, which will lead the same lines in China after total completion.
Ritar released the next 5 year development planning, striving to reach an output of 10 billion RMB and market value of 10 million RMB.
Ritar’s new manufacturing facility, Hengyang Industrial Park started its Phase I trial production, the investment of which was about $50 million.
Hengyang Ritar Phase I plate production lines went into operation, the capacity of which reached 20,000 tons per year
Ritar was formally and successfully listed on NASDAQ.
Established a strategic partnership with the biggest battery agent in U.S.
Breakthroughs were made in researches on high-energy nanometer gel storage battery application which was affirmed by Shenzhen Committee of Technology Specialists; was supported and boosted more rapidly for industrialization as a major breakthrough project in key fields in Guangdong and Hong Kong for 2005; and was patented around the world the same year.
Established partnerships with world's first-class power suppliers and a leading German battery agent.
Jan Attained a certificate of ISO 9001 certification.
Apr Successfully developed cadmium-free environmentally friendly battery for electric vehicle use.
Jun The company was incorporated and attained CE certification.
Jul Became the golden supplier of DELTA, the largest UPS supplier in Taiwan.