Sinopoly Battery Ltd operates in the Storage batteries sector. Sinopoly Battery Limited (Sinopoly), formerly Thunder Sky Battery Limited, is an investment holding company. The Company operates four segments: the battery products segment includes the sales and manufacture of Lithium-ion batteries and related products; the treasury investment segment represents investments in cash markets; the securities investment segment includes dealings and trading of securities, and the general trading segment represents trading of general products. . On May 25, 2010, the Company acquired Union Grace Holdings Limited (Union Grace) together with its wholly owned subsidiary, Thunder Sky Energy Technology Limited (Thunder Sky (HK), together with Union Grace, the Target Group). During the fiscal year ended March 31, 2011, the Company disposed of the securities brokerage segment. In April 2011, Sinopoly disposed of its 100% interest in Infast Brokerage Limited. In
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