ZBB Energy Forms JV Company to Enter China's Energy Storage Market

ZBB Energy Corporation ZBB announced today it has entered into agreements for establishment of a joint venture company that will initially assemble and ultimately manufacture ZBB products for sale in the power management industry on an exclusive basis in mainland China and on a non-exclusive basis in Hong Kong and Taiwan. The new company will build a new state-of-the-art manufacturing center in WuHu City, Anhui Province that will begin operations in early 2012. The joint venture partners comprising the China JV Company (Chinese name registration pending) include, ZBB PowerSav Holdings Limited, AnHui Xinlong Electrical Company (Xinlong Electrical) and WuHu Huarui Power Transmission & Transformation Engineering Company (WuHu Huarui).