Beijing Easpring Material Technology Co., Ltd.
当升科技
300073
Shenzhen Stock Exchange
Company Profile
1. Technological R&D Advantages As a global technology leader in new energy battery materials, the company remains committed to innovation-driven development and leveraging technological breakthroughs for growth. It actively capitalizes on industry policies and emerging opportunities such as the localization of international new energy supply chains, low-altitude economy, and humanoid robotics. By addressing the lithium battery sector's demand for high energy density, enhanced safety, and cost-effective solutions, the company empowers high-quality development across the new energy industry. Currently, the company has evolved into one of the most influential enterprises in this field, integrating independent innovation, technology commercialization, and industrial operations. It maintains robust R&D investment in next-generation battery materials, possessing extensive technical expertise and comprehensive product portfolios in areas such as multi-component materials, lithium iron phosphate (manganese), lithium cobalt oxide, key materials for solid-state lithium batteries, spinel-type cathode materials, lithium-rich manganese-based materials, and sodium-ion battery cathode materials. This robust foundation solidifies the company's market leadership. Simultaneously, leveraging its three specialized R&D institutions—the New Energy Materials Research Institute, the Lithium Battery New Materials Research Institute, and the Lithium Battery Materials Engineering Technology Research Institute—the company actively pursues forward-looking technological innovation, differentiated product development, and green minimalist manufacturing processes. As of the reporting period, the company has accumulated 384 authorized patents, with a total of 545 domestic and international patent applications pending. It has led or participated in establishing multiple industry standards for battery materials, achieving high-level technological self-reliance and self-strengthening while continuously driving technological advancement in the global high-performance battery key materials sector. Beijing Zodngoc Automatic Technology Co., Ltd., a wholly-owned subsidiary, specializes in R&D and manufacturing of high-end intelligent production equipment. Adhering to the R&D strategy of “technology innovation as the foundation, integrated R&D and sales for development,” it fully leverages its R&D platform advantages. The subsidiary possesses mature and advanced capabilities in motion control software development and hardware integration manufacturing, with products boasting industry-leading comprehensive performance. 2. Customer Channel Advantages Leveraging its industry-leading technological R&D capabilities, the company supplies its products in large volumes to global lithium battery giants and renowned automakers across China, Japan, South Korea, Europe, and the Americas. In overseas markets, it has established long-term service and collaborative development partnerships with battery enterprises such as LGES, SK on, Samsung SDI, and Murata. The company has successfully entered the supply chains of major international automakers including Volkswagen, Hyundai, Daimler, BMW, and Mercedes-Benz, closely following the technological trends and commercial demands of new energy power batteries. In the domestic market, the company continuously strengthens partnerships with high-end new energy vehicle and power battery manufacturers including BYD, CALB, EVE Energy, and SVOLT, supplying products for premium domestic automakers like Li Auto, XPeng, Great Wall Motors, GAC Group, and SAIC Motor. During the reporting period, the company achieved bulk supply of multiple new products—including high-nickel, ultra-high-nickel, and medium-nickel high-voltage materials—to premium battery clients globally. Iterative development of phosphorus-based products significantly enhanced new product compaction density, effectively meeting diverse application requirements from automakers and energy storage system customers, establishing a new growth driver for the business. Accelerated industrialization of next-generation battery materials solidifies the foundation for maintaining market leadership. Beijing Zodngoc Automatic Technology Co., Ltd., the Company's wholly-owned subsidiary, consistently adheres to a “market-oriented, customer-centric” development philosophy. Leveraging years of deep expertise in intelligent equipment manufacturing, it has earned an excellent market reputation within the industry through its extensive manufacturing experience, outstanding product quality, and exceptional delivery capabilities. Its customer base spans China, the United States, Hungary, South Korea, Vietnam, India, and Taiwan, among other regions. The company has entered the supply chains of leading international consumer electronics manufacturers, with end customers including globally renowned brands such as Samsung, Apple, Huawei, and Xiaomi. Its high credibility and extensive brand influence enable it to meet the diverse smart equipment application needs of downstream clients. 3. Process Equipment Advantages In the first half of 2025, the company continued to deepen the process equipment advantages across its major industrial bases. It achieved a leap from single-point construction to information synergy in intelligent systems, continuously enhanced large-scale capacity deployment and new equipment development, and steadily built systematic carbon management capabilities. During the reporting period, the informatization construction at all industrial bases has fully transitioned from individual smart control system development to a collaborative phase featuring data interoperability and information interconnection, laying a solid foundation for intelligent decision-making. Concurrently, the company's carbon management platform development progressed steadily. By the first half of 2025, LCA models and carbon footprint analysis reports were completed for multiple products (including multi-element and phosphorus-based materials), leveraging precise data to support green supply chain construction. Preliminary online data collection and accounting for corporate carbon footprint (CCF) and product carbon footprint (PCF) have been achieved, laying a solid foundation for the carbon management platform. During the reporting period, the company focused on developing high-capacity and innovative process equipment, continuously advancing technological upgrades for new large-scale facilities such as super-large furnaces, roller hearth furnaces, and jet mills. Multiple achievements have positioned the company as an industry leader. Dangsheng Shudao (Panzhihua) is accelerating the installation and commissioning of production lines for the second phase of its first-stage project. The Dangsheng (Finland) new materials production base has completed groundwork and is rapidly advancing subsequent project construction.
Full description
(1) Lithium Battery Materials Business As a global leader in the lithium battery cathode materials industry, the company's operations encompass the R&D, production, and sales of cathode materials including ternary materials, lithium iron phosphate (lithium iron phosphate), sodium battery materials, lithium cobalt oxide, and ternary precursors. Its products are primarily applied in electric vehicles, energy storage facilities, and 3C electronic products. Leveraging years of accumulated technological expertise and production experience, the company maintains a global business footprint spanning China, South Korea, Japan, Europe, the Americas, Southeast Asia, South Asia, and other regions. With over two decades of deep expertise in lithium battery cathode materials, the company has continuously advanced breakthroughs in core industry technologies. It pioneered the development of a series of high-energy-density, high-power-density nickel-cobalt-manganese-lithium (NCM) cathode materials for power batteries, maintaining a leading position in the global lithium battery materials market. The company has achieved comprehensive coverage across 5V, 6V, 7V, and 8V high-voltage multi-element material systems. Its low-cost, high-voltage single-crystal materials have set new benchmarks for comparable products. Concurrently, its high-nickel and ultra-high-nickel multi-element materials deliver industry-leading performance, having been the first to supply global premium battery clients in bulk. This positions the company firmly within the international Tier-1 high-nickel multi-element material supply chain. Concurrently, the company actively advances technological iteration and upgrades for lithium iron phosphate (LFP) materials, continuously meeting diverse application requirements from downstream automakers and energy storage system clients. Through differentiated competition, it is progressively expanding its market share in the LFP segment. The company's high-capacity, high-voltage lithium cobalt oxide products have achieved mass supply to premium digital electronics and leading lithium battery manufacturers. Applications for its high-rate lithium cobalt oxide products are expanding in sectors such as e-cigarettes, drones, and model aircraft. In forward-looking materials, the company actively explores cutting-edge theories and technologies for next-generation new energy materials. It accelerates the industrialization of next-generation battery materials such as solid-state lithium battery materials, lithium iron phosphate manganese, spinel lithium nickel manganese oxide, lithium-rich manganese-based materials, and sodium battery cathode materials, laying a solid foundation for maintaining its market leadership. (2) Intelligent Equipment Business Amid the optimization and upgrading of global manufacturing structures and the rapid advancement of information technology, demand for intelligent manufacturing remains robust. As the world's leading manufacturing powerhouse, China possesses immense potential in the intelligent manufacturing market, offering vast development opportunities for intelligent equipment manufacturers. To support and encourage high-quality development in the intelligent manufacturing sector, the state has successively issued relevant documents such as the “14th Five-Year Plan for Intelligent Manufacturing Development,” the “14th Five-Year Plan for Deep Integration of Informatization and Industrialization,” and the “Implementation Opinions on Promoting Innovation and Development in Future Industries,” clearly defining the long-term goals for the high-end equipment manufacturing industry during the 14th Five-Year Plan period and by 2035. “Made in China 2025” explicitly states: “Accelerate the integration of next-generation information technology with manufacturing technology, positioning smart manufacturing as the primary focus for deep integration of informatization and industrialization.” Beijing Zodngoc Automatic Technology Co., Ltd., a wholly-owned subsidiary of the company, remains dedicated to the R&D, production, and sales of high-end smart equipment and its core control and functional components. Leveraging proprietary intellectual property in smart manufacturing equipment, it empowers “Made in China” to enhance quality and efficiency. Beijing Zodngoc Automatic Technology Co., Ltd.'s core products—rotary die-cutting machines and quality inspection machines—enable automated and efficient die-cutting, waste removal, lamination, and defect detection for various composite materials. These solutions are widely applied in consumer electronics, medical devices, healthcare, food packaging, flexible circuit boards, and other sectors. Concurrently, Beijing Zodngoc Automatic Technology Co., Ltd. actively explores new business areas and domains, focusing on innovative development of automated equipment for lithium battery material production. The company has successfully developed and commercialized products including automatic inspection and replacement equipment for crucibles used in lithium battery cathode material sintering, automated crucible cleaning and inspection conveyor lines, and fully automated external rail systems for kilns. These initiatives create effective synergies and complement the parent company's operations. Through these initiatives and sustained high-standard market-oriented operations, Beijing Zodngoc Automatic Technology Co., Ltd. has established multi-dimensional competitive advantages in technology, quality, cost, service, and brand, laying a solid foundation for long-term healthy development.