- Business
- Shenzhen Center Power Tech. Co., Ltd. (002733.SZ) manufactures and sells lithium-ion batteries and related energy storage solutions for consumer electronics, electric vehicles, and power tools. The company offers cylindrical, prismatic, and pouch lithium batteries under the Vision brand; battery packs and modules for power tools and e-bikes; and energy storage systems including household and commercial battery solutions. Products encompass high-capacity 18650 and 21700 cells, customized battery management systems (BMS), and integrated charging solutions tailored for portable devices and renewable energy applications.
Founded in 2008 and headquartered in Shenzhen, China, the company operates primarily in Asia with expanding sales in Europe and North America, targeting OEMs in consumer electronics, automotive, and industrial sectors. Subsidiaries include Vision Battery (HK) Limited for international operations and several R&D centers focused on solid-state battery technology. Center Power serves major clients in power tools (e.g., Bosch, Makita equivalents) and e-mobility, with production facilities exceeding 5 GWh annual capacity.
In the past two years, Center Power announced a strategic partnership with a leading European EV manufacturer in Q1 2025 to supply 4680-format cells, secured CNY 1.2 billion in funding for solid-state battery R&D in late 2024, and launched its Vision Pro energy storage series for grid-scale applications in H2 2024. The company expanded production capacity by 50% through a new facility in Huizhou, shifted focus toward automotive-grade batteries amid China's NEV boom, and reorganized its business units to prioritize overseas exports comprising 30% of 2025 revenue guidance.