Shida Shenghua

Shenghua New Materials Group Co., Ltd. (abbreviated as: Shenghua New Materials, stock code: 603026), formerly known as Shandong Shida Shenghua Chemical Industry Group Co., Ltd., originated as a school-run enterprise of China University of Petroleum (East China), a national "Double First-Class" discipline construction university. It is the world's only whole-industry-chain company that can simultaneously provide solvents, solutes, and additives for lithium-ion battery electrolytes. Since its establishment in 2002, Shenghua New Materials has focused on carbonate ester products, concentrating on the new energy and new materials fields, creating a three-dimensional and complete industrial chain, vertically extending fine chemical business, and horizontally expanding new lithium battery materials. Currently, the company holds over 40% of the global market share in high-end carbonate solvents. Its downstream customers cover leading electrolyte manufacturers worldwide, and it has established long-term stable strategic cooperative relationships with many electrolyte customers' suppliers. Shenghua New Materials attaches great importance to basic scientific research and transformative technology development. It possesses platforms for small-scale testing, pilot testing, and mass production, equipped with dedicated R&D and experimental teams, and has deep research accumulation and industrialization experience. The company is a national and industry standard setter in the carbonate industry, holding more than 150 advanced technologies and authorized patents, and has formulated 5 industry standards and 4 provincial standards. The company has been approved as a National High-tech Enterprise, and has established platforms such as "Shandong Province Carbonate Engineering Laboratory" and "Provincial Enterprise Technology Center". Relying on its R&D and production bases in Beijing, Qingdao, Dongying, Quanzhou, Jining, Wuhan, and Meishan, as well as overseas sales networks established in East Asia and Europe, the company has achieved a global layout and can provide one-stop solutions for lithium-ion battery enterprises. It has formed an integrated, three-dimensional, and complete network industrial chain pattern, with carbonate ester solvents, lithium salts, additives, silicon-based anodes, and other lithium battery material products as the core, and wet electronic chemicals and other emerging businesses as growth points. Shenghua New Materials persists in deep cultivation in the new energy and new materials fields, committed to continuously providing high-quality products and optimal solutions globally, contributing wisdom and strength to promote the development of the new energy industry, and providing a greener and more environmentally friendly living environment for humanity.