SungEel HiTech Co., Ltd. (KOSDAQ: 365340) operates as a leading secondary battery recycling company in South Korea, specializing in the recovery of high-purity battery materials from lithium-ion battery scrap, EV packs, and modules through processes including discharging, dismantling, separation, and hydrometallurgical refining. The company produces nickel sulfate, cobalt sulfate, lithium carbonate, manganese sulfate, electrolytic nickel, electrolytic copper, and other materials such as aluminum from battery powder, achieving over 95% metal recovery rates with eco-friendly technologies that minimize dust and wastewater while supporting closed-loop supply chains for the automotive and battery industries; it serves recycling parks, hydro centers, and battery recycling sectors with a focus on xEV battery recycling and carbon neutrality by reducing emissions 40-67% compared to traditional mining. Founded in 2000 and headquartered in Gunsan-si, South Jeollabuk-do, the company maintains primary operations in South Korea and pursues global expansion, including the establishment of SungEel Recycling Park Georgia LLC in 2022 for its first U.S. facility in Toccoa, Georgia, with operations slated for 2024, and plans for additional North American sites such as Indiana. Recent developments include receiving KRW 53 billion in funding from investors in October 2025, announcing a KRW 20 billion private convertible bond issuance in November 2025 maturing in 2030, and a three-year binding off-take agreement with Lithium Australia in 2024 for mixed metal dust supply, alongside ongoing R&D advancements in secondary battery technologies despite a delayed joint venture with SK Innovation originally planned for 2023.