Segment Information

3 Months Ended

Mar. 31, 2019

Segment Information [Abstract]

Segment Information

22. Segment Information

The Company used to engage in one business segment, the manufacture, commercialization and distribution of a wide variety of standard and customized lithium ion rechargeable batteries for use in a wide array of applications. The Company manufactured five types of Li-ion rechargeable batteries: aluminium-case cell, battery pack, cylindrical cell, lithium polymer cell and high-power lithium battery cell. The Company's products are sold to packing plants operated by third parties primarily for use in mobile phones and other electronic devices.

After the disposal of BAK International and its subsidiaries (see Note 1), the Company focused on producing high-power lithium battery cells. Net revenues for the three months ended March 31, 2018 and 2019 were as follows:

Net revenues by product:

	Three months ended March 31,
	2018		2019
High power lithium batteries used in:
Electric vehicles	$	65,362	$	1,214,086
Light electric vehicles		1,508		-
Uninterruptable supplies		3,245,927		3,957,589
Total	$	3,312,797	$	5,171,675

Net revenues by geographic area:

	Three months ended March 31,
	2018		2019
Mainland China	$	2,823,575	$	4,746,726
Europe		104,231		-
PRC Taiwan		324		452
Israel		383,772		121,678
USA		895		223,465
India		-		79,354
Total	$	3,312,797	$	5,171,675

Substantially all of the Company's long-lived assets are located in the PRC.