- Business
- Guangdong Fangyuan New Materials Group Co., Ltd. is a China-based advanced materials manufacturer primarily engaged in the research, development, production, and sale of lithium-ion battery cathode material precursors, nickel battery materials, high-purity specialty chemicals, and comprehensive metal resource recycling solutions. Founded in June 2002 and headquartered in Jiangmen, Guangdong Province, China, the company operates through modern manufacturing and hydrometallurgical processing facilities serving domestic and international new energy vehicle, energy storage, and industrial markets. The company's core product and service portfolio is organized into: lithium battery precursor materials, including high-nickel NCA (nickel-cobalt-aluminum) and NCM (nickel-cobalt-manganese) ternary cathode material precursors tailored for automotive power batteries, grid energy storage systems, and 3C consumer electronics; battery-grade lithium and metal salts, comprising battery-grade lithium carbonate, lithium hydroxide, battery-grade manganese sulfate, high-purity crystalline nickel sulfate, and high-purity cobalt sulfate; nickel battery cathode materials, featuring spherical nickel hydroxide and cobalt-coated spherical nickel hydroxide used in nickel-metal hydride (NiMH) batteries; high-purity electronic-grade chemicals, consisting of high-purity copper sulfate solution, cobalt sulfate solution, and boric acid solution for high-end electroplating and electronics manufacturing; and hydrometallurgical closed-loop recycling services, providing full-cycle recovery and refining of spent ternary and lithium iron phosphate batteries, cathode scrap, mixed hydroxide precipitate (MHP), and industrial non-ferrous metal waste into reusable battery-grade precursors. Guangdong Fangyuan supplies prominent domestic and multinational cathode and battery cell manufacturers across China and East Asia, including long-standing supply-chain relationships with Panasonic for high-nickel NCA precursors utilized in electric vehicles, as well as partnerships with domestic cathode and battery leaders such as Brunp Recycling, BTR New Material Group, Mengguli, BASF Shanshan, and Xiamen Xiangyu. In recent corporate developments, the company has completed a major strategic transformation from primary ore refining to a comprehensive closed-loop battery resource recycling model, deploying proprietary separation and hydrometallurgical purification technologies to scale the proportion of recycled scrap utilized in precursor synthesis. Expanding its international business via a light-asset technology licensing model, the company entered into an international technical cooperation and export agreement with a Japanese industrial partner to license its advanced NCMA, NCA, and NCM ternary precursor production technologies and deliver engineering and design services in Japan for an aggregate transaction value of 4.8 billion Japanese yen. In addition, the company has executed technical upgrades across existing production lines to convert and expand capacity toward battery-grade lithium carbonate production, broadened its product portfolio into materials for solid-state batteries and power systems for embodied AI and robotics, and completed a capital reduction in 2026 by canceling approximately 10.5 million repurchased shares to optimize its capital structure.