Minmetals New Energy

Minmetals New Energy Materials (Hunan) Co., Ltd. (abbreviated as: Minmetals New Energy, stock code: 688779) was established in 2002. It is a directly managed enterprise of China Minmetals Group, a Fortune Global 500 company, a member enterprise of the Central Enterprise Electric Vehicle Industry Alliance, the chairman unit of the Hunan Battery Industry Association, and the leader unit of the Changsha-Zhuzhou-Xiangtan Advanced Energy Storage Materials Industry Alliance. In August 2021, it was listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange.

As the core support for China Minmetals' innovation-driven development strategy and creation of "future new power", Minmetals New Energy adheres to the action guide, value orientation, and corporate spirit of "mission responsibility, leading role of independent innovation, problem-oriented work thinking, pursuit of excellence, and courageous struggle", and takes "domestic first-class, internationally renowned new energy materials supplier" as its strategic positioning. It focuses on its main business, adheres to integrity and innovation, bravely assumes responsibility, and strives to make the enterprise stronger, better, and bigger, sharing development achievements with a broader range of stakeholders.

The company focuses on the research, production, and sales of high-efficiency battery materials. Its main products include multi-element precursor materials, multi-element cathode materials, lithium iron phosphate, lithium cobalt oxide, and other lithium battery cathode materials, as well as nickel-metal hydride battery cathode materials. It has a complete product system of lithium battery multi-element precursor, lithium battery multi-element cathode material, and lithium iron phosphate cathode material, and has maintained the leading market share in power ternary materials. The company is headquartered in Changsha City, Hunan Province, and has three subsidiaries: MCC Ruimu New Energy Technology Co., Ltd., Hunan Changyuan Lico New Energy Co., Ltd., and Jinchi Energy Materials Co., Ltd. Currently, the company has an annual production capacity of 120,000 tons of ternary cathode materials, 60,000 tons of lithium iron phosphate materials, 78,000 tons of precursors, 100,000 tons of battery-grade nickel sulfate, 10,000 tons of waste battery recycling and utilization, and 40 tons of high-purity scandium oxide.

Leveraging China Minmetals' long-term resource advantages and full industry chain advantages in nickel, cobalt, manganese, and lithium, the company insists on quality, gathers talents, and focuses on R&D, forming strong scientific research strength. It has mastered advanced technologies such as precursor synthesis, cathode material preparation, and waste battery recycling. It has been selected as a national intellectual property advantage enterprise, high-tech enterprise, national-level specialized and innovative "little giant" enterprise, and national-level "green factory", with 229 patents, a national enterprise technology center, and a post-doctoral research workstation. The company's products represent the development direction of high-performance lithium-ion battery cathode materials. Its single-crystal ternary and high-nickel materials are well-known in the industry, and its product technology is at the international advanced level. The company has passed ISO9001 quality management system certification, ISO14001 environmental management system certification, ISO45001 occupational health and safety management system certification, ISO50001 energy management system certification, ISO27001 information security management system certification, IATF16949 automotive industry quality management system certification, and intellectual property management system certification.

In the future, the company will actively practice the new development concepts of innovation, coordination, greenness, openness, and sharing, remain true to its original aspiration, consolidate its advantages, and work hand in hand with partners to move forward courageously towards building a "leading enterprise in the global new energy materials industry", continuously contribute to meeting the people's growing needs for a better life, make persistent efforts to serve the national new energy vehicle strategy, continue to take responsibility for promoting high-quality economic and social development, and make new and greater contributions to achieving the second centenary goal!