China Finance Centre Increases SAQ Rating of ADVANCED BATTERY TECHNOLOGIES (OTC BB:ABAT.OB)

CHINA FINANCE CENTRE, the New York based multimedia and trade exposition center expanding business ties between China and the United States, has announced that it has increased its SAQ Ratings of Advanced Battery Technologies (OTC BB:ABAT.OB) to 6.2. The SAQ Ratings are set by editors of China Business Watch, the CFC publication that rates the performance of China based companies. An SAQ Rating of 6.0 or higher identifies s stock as a leading performer among companies located or with significant operations in China.

The company yesterday announced its revenues for Q2 increased 140% to $7.7 million, as compared with $3.2 million for the second quarter 2006 and net income for Q2 increased 490% to $3.3 million or $0.066 per fully diluted share, as compared with $571,665, or $0.013 per fully diluted share for the same period in 2006. Revenues for the six-month period ended June 30, 2007 increased 157% to $13.1 million, as compared with $5.1 million for the same period in 2006.

Advanced Battery Technologies develops, manufactures, and distributes PLI batteries using lithium cobalt oxide anodes to overcome many of the shortcomings associated with other types of rechargeable batteries. Headquartered in New York City, ABAT maintains R&D and manufacturing facilities in Harbin, China.

The Statistical Analysis Quotient Rating (SAQ) Service is an exclusive feature of China Finance Centre that monitors the performance of over 300 stocks of companies with operations in China. The SAQ Report tracks and rates the stocks against a matrix of comparative performance factors, including fundamentals, technical analysis, liquidity, safety, regulatory compliance and timely filings, shareholder relations, and U.S. Trading Market Qualifications. The SAQ rates company performance on a 1-10 scale. SAQ Ratings are published weekly in China Business Watch and updated daily in CBW Daily Ratings Alert service. The ratings and publications can be found at the CFC Web Portal- www.chinafc.net

About CHINA FINANCE CENTRE (CFC)

CHINA FINANCE CENTRE (CFC) is a first of its kind, permanent conference/trade exposition facility, specifically designed to assist, increase and expand investment and business opportunities between China and the U.S. CFC has been developed as a world class, state of the art China Business Exposition- Conference Center and information resource using operations centers both on Wall Street and in mid-town at Rockefeller Center in New York City.