China BAK Battery: 2012 Domestic OEM Market Update

China BAK Battery, Inc. (NASDAQ:CBAK) has updated in the domestic OEM market in March 2012.

As quoted in the press release:

In March 23, 2012, ZTE Corporation notified the Company by written notice that China BAK has passed its certification process to supply battery cells It is expected that the Company will begin to supply approximately one million polymer cells every month to ZTE in the third fiscal quarter.

Click here to read the China BAK Battery, Inc. (NASDAQ:CBAK) press release.