Changsha Lanao Electronic Technology Co., Ltd. was established in 2016 and is a high-tech enterprise focusing on the integration of R&D, production, sales, leasing, testing services, and recycling and regeneration of light power lithium battery pack products, located in the Star City of Changsha. The company has 2 domestically advanced lithium battery PACK factories with a total production area of 15,000 square meters. It has built 8 intelligent and automated lithium battery pack production lines, covering the entire process from intelligent cell testing, intelligent sorting, battery assembly to cycle testing. The products are mainly used in two-wheeled and three-wheeled electric motorcycles, special vehicles (including sightseeing vehicles, forklifts, lift vehicles, golf carts, etc.), electric ships, and home energy storage, with an annual production capacity of 300,000 units. Changsha Lanao Electronic Technology Co., Ltd. covers three major business segments. Lithium battery production and sales are mainly under the Xiangyiyuan brand, with more than 3,000 stores nationwide, more than 1.1 million customers, and products covering more than 20 provinces across the country. Leasing is under the Zhongmeng brand, with Lanao as the investment entity, holding controlling stakes in three battery swapping service companies: Ningxiang Zhongmeng, Huaihua Zhongmeng, and Changde Zhongmeng. Currently, more than 5,000 battery packs have been deployed, with more than 3,000 battery swapping members. The company plans to have more than 20,000 battery swapping members and deploy more than 30,000 battery packs by 2027. The third major segment is battery recycling and regeneration. In 2023, Lanao Technology became one of the fifth batch of enterprises on the white list of power battery recycling and cascade utilization by the Ministry of Industry and Information Technology. All brand batteries under Lanao are responsible for recycling and utilization. Through cooperation with material enterprises such as Guizhou Zhongwei, Hunan Jinkai, and Hunan Brunp Recycling, the recycled batteries are powdered to make raw materials for cell production, creating a complete circular industrial chain from battery production to recycling and regeneration. In the field of R&D, the company has established an R&D team composed of senior industry experts and highly educated talents, maintains close cooperation with many well-known universities and research institutions such as Central South University and Hunan University, and continuously invests substantial resources in technological innovation. At present, it has 2 invention patents and 11 utility model patents. The low-speed power lithium battery packs and home energy storage battery products developed by the company have excellent performance in energy density, cycle life, safety performance, and other aspects! The company always regards product quality as its lifeline and strictly follows the ISO management system. From raw material procurement and production process monitoring to finished product testing, it implements strict quality standards to ensure that each battery pack has stable and reliable performance. At present, the company's products are sold well in the domestic market and exported to more than ten countries and regions such as Europe, America, and Southeast Asia. It has established long-term stable cooperative relations with many leading domestic cell enterprises such as Do-Fluoride, Chuyang, Gotion High-tech, and Shenzhen Bwo. In the future, Changsha Lanao will continue to uphold the business philosophy of "innovation-driven, quality-oriented, customer first", continuously enhance its core competitiveness, and strive to become a leading lithium battery product solution provider, contributing to the promotion of global energy transformation and green development.
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