- CEO
- Zhen Zhang
- Full Time Employees
- 2,313
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- No. 61, Yangao Road Changsha HU China 410205
- IPO Date
- Aug 11, 2021
- Business
- Minmetals New Energy Materials (Hunan) Co., Ltd. Minmetals New Energy Materials (Hunan) Co., Ltd. (formerly Hunan Changyuan Lico Co., Ltd.), a subsidiary of China Minmetals Group, engages in the research, development, production, and sales of high-performance battery cathode materials; its core products include multi-material precursors, multi-element ternary cathode materials such as NCM and NCA series, lithium iron phosphate, lithium cobalt oxide, nickel-metal hydride battery cathode materials, and spherical nickel, primarily serving electric vehicles, consumer electronics, energy storage, and other new energy applications. The company operates manufacturing bases in Hunan province, including Lugu, Tongguan, and Hi-Tech Industrial Zone, with expansion plans in Fujian and internationally; it targets domestic Chinese markets and global customers through supply chains with major battery makers like CATL, BYD, and EVE. Founded in 2002 and headquartered at No. 61 Yangao Road, Yuelu District, Changsha, Hunan, China, the company listed on the Shanghai Stock Exchange STAR Market in August 2021 and recently changed its name to align with its parent group's branding. Recent developments include a strategic partnership and joint venture with Axens announced in May 2024 for a cathode active materials plant in northern France, valued at 600 million euros and targeting operations from 2027 with recycling capabilities; plans to increase subsidiary Changyuan New Energy's registered capital by 2.35 billion yuan; and technology advancements such as international-leading high-nickel cathode materials and high-capacity sodium-ion cathode materials validated in August 2025, alongside a passed provincial project for next-generation power ternary cathodes.