Hunan Haina New Material Co., Ltd. Ningxiang Branch

Hunan Haina New Material Co., Ltd. was registered and established in September 2003, with an annual production capacity of 1,800 tons of battery-grade cobaltosic oxide. In 2011, a production line with an annual output of 1,000 tons of cobalt chloride was built and put into operation. The company is mainly engaged in the research, development, production, and sales of lithium battery cathode precursor materials and related products, and is a private high-tech enterprise in Hunan Province. In June 2009, Ningbo Shanshan Co., Ltd. (stock code: 600884) invested in Hunan Haina and became its controlling shareholder. Ningbo Shanshan is currently the world's largest comprehensive supplier of lithium battery materials, with more than 10 years of development history in the field of lithium battery materials. The entry of Ningbo Shanshan will promote Hunan Haina's march toward the high ground in the domestic new material field; collaboration with foreign new material industries and the development of international trade have opened up the international market for Haina, ushering in an opportunity for rapid development. The new Haina management team has determined to build a new corporate culture with core values of courageously undertaking social responsibility, actively safeguarding shareholder rights, striving to improve employee welfare, and continuously enhancing customer trust; and adheres to the business philosophy of "creating value for customers with excellent quality and service, and jointly cultivating core competitiveness with customers through innovative technology" in carrying out production and operation management. The company is people-oriented, research-centered, and product-supported, gathering a group of senior experts and professors renowned in the fields of electrochemistry and new energy materials at home and abroad, and has established long-term technical cooperation relationships with many research institutes such as Central South University and Changsha Research Institute of Mining and Metallurgy, forming a high-level research and development team with PhDs and master's degrees as the core. It has determined new development goals and directions, devoted itself to the research and development of new battery materials, and always ensures that the company's process technology is synchronized with the world's advanced level. The company currently possesses multiple core technologies and independent intellectual property rights in key areas of lithium battery materials. With modern scientific management concepts, the company strictly conducts quality control in accordance with the ISO9001 quality management system, and has first-class testing instruments and equipment, advanced process technology, and product quality and various performance indicators have reached the domestic advanced level, enjoying a good reputation in the market. It also strictly standardizes various work in accordance with the refined management requirements of internal control of listed companies.