CNGR Advanced Material Co., Ltd.

CNGR Advanced Material Co., Ltd. is a professional integrated service provider specializing in new energy materials, founded in September 2014 and listed on the ChiNext board of the Shenzhen Stock Exchange in 2020. The company operates within the national strategic emerging industries sector, focusing on the development and manufacturing of advanced materials for applications in the electronics and energy sectors. CNGR has established itself as a recognized leader in technology innovation, holding various national titles and certifications that underscore its commitment to quality and sustainability. The company's primary business lines include the production of high-voltage tricobalt tetraoxide, high-nickel NCM, and NCA, which are integral to the supply chains of major global enterprises. CNGR has developed a vertically integrated industrial layout that encompasses raw ore smelting, material refining, and new energy material manufacturing, with operations in both domestic and international markets, including bases in Indonesia and plans for expansion in South Korea, Finland, and Morocco. The company emphasizes research and development, focusing on high-value patents and innovative technologies to enhance its product offerings and maintain a competitive edge in the rapidly evolving new energy materials industry.

(I) Industrialised R&D and Innovation Advantage The company's technology has been accumulated in the lithium industry for more than ten years, keeping up with market trends and customer needs, and making every effort to build a diversified technological innovation system. Now the national enterprise technology centre + postdoctoral research station, cutting-edge mechanism research, product application research, R & D workshop, evaluation system "five-in-one" efficient R & D system, and with the Central South University and other well-known universities to establish industry-academia-research cooperation to enhance R & D innovation capacity, the formation of nickel, cobalt, phosphorus, sodium and other new energy materials, diversified product matrix and technology layout, and constantly improve the added value of products. The company has formed a diversified new energy material product matrix and technology layout such as nickel, cobalt, phosphorus, sodium, etc., and has continuously improved the added value of its products to achieve overall technology leadership. The company takes R&D innovation as the core cultivates high-value patents, promotes the industrialisation of patents, enhances the benefits of patent conversion and application, and leads the industry in technological innovation and high-quality development. The company has won the titles of "National Intelligent Manufacturing Plant", "Green Manufacturing Plant", "Green Design Demonstration Enterprise", etc. Guizhou CNGR Recycling, a subsidiary of the company, has obtained the dual qualification of "secondary utilisation" and "recycling", and has become one of the few enterprises in the country that comprehensively utilise used storage batteries for new energy vehicles. The company presided over and participated in the formulation of national and industry standards nearly 90, with 373 patents and inventions, in the transformation of achievements, the company's ternary precursor monocrystalline cobalt-free technology is the first in the industry to achieve a large number of stable supply, high-nickel technology is the first to achieve 90 nickel-based materials for domestic industrialisation, tetraoxane cobalt to fill the gaps in the industry of high-voltage technology above 4.5 volts. (II) Advantage of high-quality customer structure The company adheres to technology leadership, widely recognized by customers for its technology, quality, scale and responsiveness, and has fully entered the world's leading lithium battery industry chain, establishing a global and three-dimensional quality core customer system covering "vehicle, battery and anode", including Tesla, Samsung SDI, LG Chem, CALB, CATL, SK On, SVOLT, Panasonic, EASPRING, Xiamen Tungsten, BTR, B&M, L&F, Zhenhua E-chem, RONBAY Technology, ECOPRO, POSCO, and so on. （Ⅲ）Advantage of Integrated Resource Layout With a keen insight into the new changes, new directions and new technologies in industrial development, we extend the industrial chain layout, enhance industrial synergy, and upgrade the dual-wheel drive 1.0 industrial development mode of "new energy material manufacturing + resource recycling" to a vertical development mode of "mineral resource roughing - mineral resource refining - precursor material manufacturing - new energy material recycling". New energy materials recycling" vertically integrated industry 2.0 model. In addition to strengthening the supply of key raw materials, through industrial integration, we can effectively reduce the overall production cost, improve product profitability and enhance the company's competitive advantage. The company has mastered the upstream smelting technology of oxygen-enriched side-blowing + RKEF dual-technology route, in order to effectively open up the front and back-end smelting links, the company is actively promoting the investment and construction of nickel smelting capacity in the four major bases of Indonesia Morowali, Widabe, South Kalimantan and North Morowali, as well as in the domestic industrial base of Tongren, Ningxiang, and Qinzhou, so as to achieve the diversified refining of a wide range of nickel raw materials, such as nickel powder/beans, low iced nickel, high iced nickel and MHP, etc., and achieve the goal of diversification from resource-based to resource-based refining. Diversification of refining, to achieve from the resource side to the material side of the industry chain, through the "laterite nickel ore - low ice nickel - high ice nickel - nickel sulphate - high nickel ternary precursor" whole industry chain. (Ⅳ) Leading advantage in scale production capacity The Company has been playing the role of rapid industrialisation and improving the globalisation layout by creating green and low-carbon production methods. Domestically, the company has established four industrial bases, namely Tongren Industrial Base, Ningxiang Industrial Base, Qinzhou Industrial Base and Kaiyang Industrial Base, covering the whole country. Overseas, the company has built a raw material base in Indonesia, started the construction of an industrial base in South Korea as well as planning for other internationalised industrial bases, with the business covering Japan, South Korea, Southeast Asia, Europe and North America and other countries and regions. Based on the global distribution of product markets and resources, the company serves global customers and integrates global resources. The company has established four thousand-mu industrial bases in Ningxiang, Tongren, Qinzhou and Kaiyang in China. Overseas, the company has accelerated the integrated layout of front-end and back-end smelting in Indonesia and has established four major raw material production bases in Morowali, Widabe, South Kalimantan, and North Morowali, while the construction of industrial bases in South Korea, Morocco, and Finland is underway, so as to gradually perfect the global layout and enhance the international competitiveness and influence. According to the company's existing capacity, under construction and planning capacity, in the material end, the company 2023 end the completion of nearly 400,000 tonnes/year of ternary precursor capacity, 25,000 tonnes/year of tricobalt tetroxide capacity, 200,000 tonnes/year of ferric phosphate production capacity; in the resource end, the company's nickel resources under construction and built resources roughing end of the construction capacity of 195,000 metal tonnes, the ability to produce capacity, the ability to lead the layout of the resource, plus the ability to expand scale Effect.