Advanced Battery Technologies, Inc. is a holding company with one subsidiary:
Cashtech Investment Limited, a British Virgin Islands corporation. Cashtech
Investment Limited is also a holding company with only one subsidiary:
Heilongjiang ZhongQiang Power-Tech Co., Ltd., a China limited liability company
(“ZQ Power-Tech”). Prior to January 2006, Cashtech Investment Limited owned 70%
of the capital stock of ZQ Power-Tech. In January 2006 our Chairman, Fu Zhiguo,
transferred the remaining capital stock of ZQ Power Tech to Cashtech Investment
Limited, so that it now owns 100% of ZQ Power-Tech.


ZQ Power-Tech


ZQ Power-Tech is a limited liability company that was organized under the laws
of the People’s Republic of China in August 2002. ZQ Power-Tech’s offices and
manufacturing facility are located in northern China, in the Province of
Heilongjiang, in the Economy & High-Tech Development Zone of Shuangcheng, which
is a suburb of Harbin.  ...