- Business
- Graphex Group Limited (6128.HK) engages in the processing and sale of graphite and graphene products primarily for lithium-ion battery anodes used in electric vehicles, energy storage systems, and other applications; it also provides landscape architecture design services. The company offers spherical graphite for producing Li-ion battery anodes, coated spherical graphite for forming battery anodes, synthetic graphite, high-purity graphite for magnesia carbon bricks, high-grade refractories, stabilizers, carbon brushes, and fire-resistant composite materials, as well as micronized graphite for corrosion-resistant coatings, lubricants, and new composite materials; operations include production facilities in Mainland China with current capacity of 10,000 metric tons per annum of spherical graphite, expanding toward 20,000 tpa shortly and up to 55,000 tpa longer-term in Jixi, Heilongjiang Province. Founded in 1981 and headquartered at COFCO Tower, 11th Floor, 262 Gloucester Road, Causeway Bay, Hong Kong, Graphex operates as a Cayman Islands-incorporated entity with principal activities in Mainland China, Hong Kong, and international markets including the United States via subsidiary Graphex Technologies LLC in Michigan; it maintains regional offices in Shanghai and Royal Oak, MI, and serves customers in the EV, renewable energy, and related industries while holding patents in products, production methods, machinery design, and environmental protection. In October 2025, subsidiary Allied Apex Limited announced acquisition of an 18% stake in Tronche International New Energy Vehicles Co., Limited to bolster EV market presence, supporting Tronche's Hachi joint venture production plant in Xuzhou, China, slated for operations starting November 2025 and full capacity by 2028; the company published three new patents and filed one more in processing technologies and silicon-carbon anode materials during 2024, amid cautious global expansion due to geopolitical tensions on critical minerals, with 2024 revenue declining 36% to HK$187.9 million primarily from graphene products (HK$118 million) and landscape architecture (HK$69.9 million).