- CEO
- Ming Ming Zhou
- Full Time Employees
- 13,585
- Sector
- Producer manufacturing
- Industry
- Auto parts: OEM
- Address
- No. 18, Chengnan Road Huzhou ZH China 313100
- IPO Date
- Jul 7, 2010
- Business
- Chaowei Power Holdings Limited manufactures and sells lead-acid motive batteries, lithium-ion batteries, and related products including electrode plate dividing papers and plastic battery cases primarily in the People's Republic of China. Founded in 1998 and headquartered in Changxing County, Zhejiang Province, the company operates manufacturing facilities across Shandong, Jiangsu, Henan, Zhejiang, Anhui, Jiangxi, and Hebei provinces, supplying original equipment batteries to major electric bike manufacturers in the primary market and maintaining an extensive distribution network covering all provinces and regions in the secondary market; its products, sold under the CHILWEE brand, serve electric bikes, electric tricycles, special-purpose electric vehicles, electric cars, and energy storage applications such as solar and wind installations. The company targets electric vehicle manufacturers and distributors of batteries and accessories, with exports contributing to its global reach, and holds certifications including ISO9001:2015, ISO14001:2015, and ISO45001:2018. In recent developments, Chaowei Power reported first-half 2025 revenue surging 28.4% year-over-year to RMB27.3 billion, driven by increased sales of renewable materials, alongside 2024 full-year revenue growth of 24.7% to RMB50.3 billion; it proposed a final cash dividend for the year ended December 31, 2024, payable in July 2025, while continuing investments in green energy technologies, R&D for solar energy generating systems and durathon batteries, and strategic focus on customer-oriented innovation without notable acquisitions, partnerships, or reorganizations in the past one to two years.