Guizhou Zhenhua New Material Co., Ltd.
688707.SS
Shanghai Stock Exchange12.01
CNY
-0.49
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Guizhou Zhenhua New Material Co., Ltd.
688707.SS
(Shanghai Stock Exchange)
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12.01
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ROIC.AI
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- Guizhou Zhenhua New Material Co., Ltd. is a Chinese manufacturer specializing in the research, development, production, and sale of advanced cathode materials for lithium-ion and sodium-ion batteries used primarily in new energy vehicles and consumer electronics. The company's product portfolio includes lithium cobalt oxide, lithium nickel cobalt manganese ternary cathode materials (NCM), lithium cobalt oxide (LCO), composite ternary materials, power ternary, cobalt-nickel lithium manganese ternary materials, high manganese polycrystalline products, and innovative sodium-ion battery cathode materials. Founded in 2004 and headquartered in Guiyang, Guizhou Province, China, the company operates production bases in Guiyang and the Qianxinan Bouyei and Miao Autonomous Prefecture, with an annual production capacity of 66,000 tons of cathode materials. Guizhou Zhenhua New Material Co., Ltd. has developed core proprietary technologies in large single-crystal nickel-cobalt-manganese ternary materials, cobalt-free layered nickel-manganese binary materials, high-voltage lithium cobalt oxide, and composite spinel structure modified cathode materials, positioning it as a pioneer in large single crystal cathode materials. Recent major changes include an increased focus on high-nickel and ultra-high-nickel ternary cathode materials, which have become the primary revenue drivers, alongside expanding research and commercialization of sodium-ion battery cathode materials. The company has also recently completed significant investments in production line expansions, including a lithium-ion power battery ternary material production line, although it has temporarily suspended some new project implementations due to industry market conditions. Despite facing revenue and profitability pressures related to raw material price fluctuations and downstream demand changes, Guizhou Zhenhua continues to invest in R&D, focusing on advanced cathode materials technologies and composite solid electrolyte materials to maintain competitive positioning in the global lithium-ion battery materials market. The company was previously known as Shenzhen Zhenhua New Material Co., Ltd. before its relocation and rebranding in 2018, reflecting strategic alignment with China's industrial inland development policies and the global electric vehicle and energy storage markets expansion. Guizhou Zhenhua operates under China Electronic Corporation (CEC) and serves customers in China and internationally, within the automotive, electronics, and energy storage sectors.