Managing Director & Chief Executive
from Mitsubishi Securities (HK) visited Powerzinc
Electric, (Shanghai) Inc. on June 10, 2004 to discuss the
possibility of future cooperation in Zinc-air fuel cell
In 2002, four companies, KOKUSAI Securities,
Tokyo-Mitsubishi Securities, Tokyo-Mitsubishi Personal
Securities and Issei Securities, merged and created
Mitsubishi Securities that commenced its business
operation in September 2002. Mitsubishi Securities has 4,140 employees and 68 branch offices all around
Japan. In the four companies mentioned above, except
Tokyo-Mitsubishi Securities, the other three ones all have
over 50 years operation experience in securities market.
The new company¨s total revenue in past 9 months increases
by more than 200% than past record.
Under the guidance of the technicians of Powerzinc, the
guests visited Powerzinc¨s DQFC zinc-air fuel cell
manufacture and regeneration model plant, which located at
1200 Huajing Road, Shanghai. They also gladly tried the
e-bike powered by DQFC zinc air fuel cells.
Both directors showed great interests in the developments
achieved by Powerzinc in fuel cell technology. They
particularly expressed their concern for the ongoing e-bus
program of Powerzinc. They significantly noted that they
would visit Shanghai again with other potential investors
when Powerzinc has finished the demo e-buses to enhance
mutual understanding and pave ways for further cooperation
in zinc-air fuel cell technology between the two parties.
Powerzinc Electric, Inc.
is a California-based Hi-Tech company. It is dedicated to
the research, development, manufacturing and
commercialization of advanced zinc-air fuel cells and
entire manufacture facilities, along with fuel cells
refuel service platform. Through years of R&D, Powerzinc
has achieved significant breakthroughs in zinc-air fuel
cell technology and developed the high power, large
energy, long-lasting, low cost and environment-friendly
power and energy source. Its innovative products - DQFC
series of zinc-air fuel cells with creative design and
process technology is a totally renewable energy for
electric vehicles and various other applications today.
About Powerzinc Electric
In Shanghai, China, Powerzinc has
established a zinc-air fuel cell manufacturing and service
model plant to commercialize the technology and its
products. The plant is ready for commercial-scale
production. The Company has started supplying DQFC series
zinc-air fuel cells to manufacturers of Electric Bicycles
and Electric Scooters. In the near future, the new series
of DQFC zinc-air fuel cells for Electric Buses, Defense
and Security, Communication and other applications will be
available to the commercial market soon to satisfy
the real highly growing
demand anywhere in the world.