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Subsequent Events | 3 Months Ended
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Mar. 31, 2018
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23. | Subsequent Events
On May 4, 2018, a newly incorporated subsidiary, CBAK New Energy (Suzhou) Co., Ltd (CBAK Suzhou), was established in Suzhou, Jiangsu Province, China. 80% shares of CBAK Suzhou are held by CBAK Power and the remaining 20% shares are held by the key management of CBAK Suzhou. CBAK Suzhou is expected to be engaged in the manufacture of high power battery packs.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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