Large-Scale Manufacturing: TWS Benefits from Economies of Scale #%SPLIT%#
TWS is a large-scale professional and independent Lithium-ion battery manufacturing company. In September 2012, TWS was ranked second largest by total shipments in the IIT report in Japan (from the leading battery research institution). TWS owns R&D centers in the United States, Japan, and Europe, and two manufacturing bases in China. TWS's manufacturing facilities operate on a 24/7 basis with a 2/3 shift system which improves supply availability to enhance flexibility in meeting customers' demands. Its industrial park in Guangzhou covers an area of 120,000 square meters, accommodating comprehensive production facilities and advanced production capabilities, producing more than 10 million battery packs weekly. Meanwhile, in Shanghai, the Group's Lithium-ion cell factory has an area of 100,000 square meters and will boost its annual production capacity to exceed 650 megawatt hours, approaching industry-leading level.
Our large-scale production capacity enables us to fulfill even the largest order with stringent quality control, rapid program ramp-up time and strong program management, customer services and logistics support. In the next decade, demand for Lithium-ion batteries will continue to increase, and annual consumption of Lithium-ion cells will expand dramatically. The Group will utilize its unique large scale and high-quality production to meet the opportunities and challenges arising from this growth in market demand, further expanding our capacity as needed and ensuring TWS's leading position in the Lithium-ion battery industry.