July 22, 2014 7:19 PM ET

Electrical Equipment

Company Overview of China Ritar Power Corp.

Company Overview

China Ritar Power Corp., through its subsidiaries, designs, develops, manufactures, and sells lead-acid batteries under the Ritar brand in the Peoples Republic of China and internationally. The company’s products has applications in uninterruptible power source devices; light electric vehicles, including electric bicycles, electric motorcycles, electric scooters, electric three wheelers, and electric golf carts; telecommunications, which comprise wireless, wire line, and Internet access systems, as well as central and local switching systems, satellite stations, and radio transmission stations; electric utilities and energy pipelines; and emergency power systems and alarm systems, as well as...

Langshan Road 16

North High-Tech Industrial Park

Huahan Building, Tower C, Room 405

Nanshan District

Shenzhen,  518057

China

Founded in 2002

1,700 Employees

Phone:

86 755 3398 1668

Fax:

86 755 8347 5180

Key Executives for China Ritar Power Corp.

Chairman
Age: 50
Chief Financial Officer and Principal Accounting Officer
Age: 38
Chief Operating Officer
Age: 47
Chief Technology Officer and Chief Technology Officer of Ritar Shenzhen
Age: 74
Compensation as of Fiscal Year 2014.

China Ritar Power Corp. Key Developments

SEC Revokes Registration Of Registered Securities Of China Ritar Power

The registration of the registered securities of China Ritar Power Corp. has been revoked. It had repeatedly failed to file required annual and quarterly reports with the Securities and Exchange Commission (SEC). Thus, it violated a crucial provision of the federal securities laws that requires public corporations to publicly disclose current, accurate financial information so that investors may make informed decisions. The revocation was ordered in an administrative proceeding before an administrative law judge.

SEC Orders Hearings On Registration Suspension Or Revocation Against China Ritar Power

In conjunction with this trading suspension, the Securities and Exchange Commission (SEC) also instituted a public administrative hearing proceeding to determine whether to revoke or suspend for a period not exceeding twelve months the registration of each class of securities of China Ritar Power Corp. for failure to make required periodic filings with the Commission. In this Order, the Division of Enforcement (Division) alleges that the Company is delinquent in its required periodic filings with the Commission. In these proceedings, instituted pursuant to Exchange Act Section 12(j), a hearing will be scheduled before an Administrative Law Judge. At the hearing, the judge will hear evidence from the Division and Home System Group to determine whether the allegations of the Division contained in the Order, which the Division alleges constitute failures to comply with Exchange Act Section 13(a) and Rules 13a-1 and 13a-13 there under, are true. The judge in the proceedings will then determine whether the registrations pursuant to Exchange Act Section 12 of each class of the securities of China Ritar Power Corp. should be revoked or suspended for a period not exceeding twelve months. The Commission ordered that the Administrative Law Judge in these proceedings issue an initial decision not later than 120 days from the date of service of the order instituting proceedings.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact China Ritar Power Corp., please visit www.ritarpower.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.