Tianneng Power International Limited : Mr Zhang Tianren, Chairman of Tianneng Power, Named as “Ernst & Young Entrepreneur of the Year”

?Press Release?

MR ZHANG TIANREN, CHAIRMAN OF TIANNENG POWER, NAMED AS "ERNST & YOUNG ENTREPRENEUR OF THE YEAR"

(Hong Kong, 15 November 2012) - Tianneng Power International Limited ("Tianneng Power" or the "Company"), China's largest electric vehicle motive battery supplier, together with its subsidiaries, (the "Group") (stock code: 819.HK), has announced that its Chairman, Mr Zhang Tianren, has been named "Ernst & Young Entrepreneur of the Year 2012 - Industrial Products Category" recognising his ability to drive industry innovation and his contributions to society.
This year marks the seventh time that the "Ernst & Young Entrepreneur of the Year China Awards" have been presented since debuting in 2006. The Award aims to honor business leaders with outstanding achievements demonstrating a clear vision, exceptional knowledge and insights as well as leadership. The winners are selected by an independent judging panel comprising leaders and experts in the community and business sector together with previous award winners. This year's theme "Driving Growth for Collaborative Success" epitomises the special qualities shared by all of the deserving winners. This year, 13 outstanding entrepreneurs garnered the Ernst & Young Entrepreneur of The Year 2012 title in the China category. Those honoured represent a diverse range of business sectors including emerging industries, media and entertainment, financial services, life sciences, consumer products, retail, and manufacturing as well as the service sector. Their achievements through innovation have brought substantial contributions to their respective industry and the larger community.

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Mr Zhang Tianren named as "Ernst & Young Entrepreneur of the Year"

15 November 2012

As a result of more than two decades of dedicated effort, Mr Zhang Tianren has successfully built up his own brand and enterprise. "TIANNENG" has earned the accolade "Chinese Best Motive Battery Brand" for four consecutive years, and Tianneng Group itself has become the largest listed lead-acid motive battery producer in China's electric bike markets. The Group supplied motive batteries to the 2010
Shanghai World Expo and serves more than 100 electric car manufacturers. It has also developed a project for large-scale non-hazardous recycling of waste lead-acid batteries. Mr. Zhang is a keen supporter of charitable causes as well. He has led employees in frontline disaster relief work and contributes donations to the education of children and foundations that help students from poor families. Through his ideas, vision and vigourous efforts, he made exceptional contributions to the industry and the community in the past year in the face of a slacking global economy and an uncertain economic outlook.

Mr. Zhang Tianren, Chairman of Tianneng Power, said, "I am deeply honored to receive the Ernst & Young Entrepreneur of the Year Award. I would like to thank the judging panel and the community for their recognition of myself as well as the support and appreciation they have provided to Tianneng Group over the years. We will continue to actively work to enhance corporate governance, take to heart our unique responsibilities towards society and strive for even bigger contributions to the industry and society."

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Mr Zhang Tianren named as "Ernst & Young Entrepreneur of the Year"

15 November 2012

About Tianneng Power International Limited

Tianneng Power International Limited is the largest electric vehicle lead-acid motive battery supplier in China. The Group's lead-acid, nickel hydride, lithium motive and storage battery products are sold under its brand name "TIANNENG". Currently, the principal activities of the Group are production and sale of electric bike motive batteries, electric car motive batteries and new energy storage batteries. To speed up the research and development of motive batteries for pure electric cars, the Group is collaborating with several automobile manufacturers. To support the national policy of energy saving and developing low-carbon economy, the Group has developed a strategic sales and marketing plan focusing on key new energy districts to accelerate the development of its wind and solar power storage battery business as well as the lead recycling business. The Group was awarded "The Most Reliable Battery Brand for Electric Vehicles" and "Outstanding Contribution to the Promotion of Electric Vehicles Industry in China" by CCTV.com in 2009, and the "Chinese Best Brand of Motive Battery" by Frost & Sullivan during 2008 to 2011. In 2012, the Group was named "Asia's 200

Best Under a Billion" by Forbes. According to the China Light Industry Association's announcement released in May 2012, the Group was ranked No.1 in comprehensive capabilities in the China battery industry in 2011.

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