China Ritar Power (China Ritar) is a Chinese company that designs, develops, manufactures, and sells environmentally friendly lead acid batteries with a wide range of product specifications targeting emerging end markets such as telecom, alternative energy, uninterruptible power sources (UPS) and light electric vehicles (LEV). The Company is avoiding the highly competitive automotive market and has decided instead to serve niche markets where margins and growth are more promising. The Company has a strong competitive position with its low cost manufacturing and proprietary chemical formula for production of nano gel batteries for use in renewable energy storage.