On Feb. 17, 2007, Ritar was listed formally and successfully in the US (current stock code: CRTP.OB) with issuing price of $2.14 per share. The stock price jumped in multiples to $5.9 on the very day of listing. Ritar Power became the first from China lead-acid storage battery industry that got successfully listed in the US.

Chairman Hu Jiada delivered speech at the press conference. He said the success of Ritar International Group mainly comes from three major treasures, namely “customers, suppliers and human resource” of the group, and expressed heartfelt thanks to the presence of friends from various fields and especially to the support of all suppliers to Ritar over the 4 years.

“To be listed is just to provide a platform for us, is the affirmation and summary for the work of Rita in the past over four years. But to be listed is only the first step of long march. Our following tasks are still very arduous. How to make an international energy enterprise with strong anti-risk capability? It needs the clear awareness and best job of every RITAR person.”

“We will make persistent efforts to create an international first-rate and efficient management team and an excellent staff team, while to make a first rate research platform, marketing platform, manufacture platform and capital platform.” Mr. Hu expressed his wish for future finally.