Shandong Hi-tech Spring Material Technology Co., Ltd.

Company Profile

1、Capability of continuous R&D and innovation The company focuses on electrolyte solvent industry and fine chemicals industry, always adhere to independent innovation and independent R & D. The company has two platforms in Dongying and Jiangsu, established four R & D platforms, namely, new energy materials, electronic-grade high-purity chemicals research, electrolyte R & D testing, battery preparation and evaluation, realising the full coverage from synthesis to application, and grasping the whole industrial chain with intellectual property rights through continuous R & D investment. Through continuous investment in R&D, we have mastered the core technology of the whole industrial chain with intellectual property rights, and formed a relatively perfect quality control and product development system. As of 30 June 2023, the company has 95 authorised patents, including 36 invention patents and 59 utility model patents; it has participated in the formulation of 8 national standards, industry standards and group standards. The company attaches great importance to R&D and has sufficient R&D investment. During the reporting period, the company's R&D investment was RMB 51,336,400 yuan. In addition, the company has cultivated a professional R&D team. As of 30 June 2023, the company had 113 R&D and technical personnel, accounting for 10% of the total number of employees. At present, the company has owned a variety of lithium battery additive technologies with independent intellectual property rights, among which the industrialised devices of vinylidene carbonate, fluoro-substituted vinyl carbonate, vinyl sulphate, lithium bifluorosulphonimide, lithium difluoro-oxalate borate and lithium tetrafluoroborate are under orderly construction, and the technologies of ethylene glycol bis(propionitrile) ether, tris(trimethylsilyl) phosphate and carbonylation DMC have also been developed independently. 2、Complete product system The company has a complete product system, and is one of the few domestic enterprises that can provide five types of carbonate solvents at the same time. Meanwhile, the company is actively expanding the second growth curve, and is actively laying out new additives for lithium battery electrolyte and electrolyte products, so as to provide one-stop service for global electrolyte customers. The company is also a leading producer of fine chemicals in China. At present, the company has electronic grade dimethyl carbonate, methyl ethyl carbonate, diethyl carbonate, vinyl carbonate, propylene carbonate as electrolyte solvents, and the additives under construction include vinylidene carbonate (VC), vinyl fluorinated carbonate (FEC), vinyl sulphate (DTD), lithium bifluorosulfonimide (LiFSI), lithium bifluoro-oxalate-boronate (LiODFB), lithium tetrafluoroborate (LiBF4). LiBF4), a complete range of products, the future will achieve integrated supply, so that the company has a strong competitive advantage in the electrolyte solvent industry. Meanwhile, the company's high-end propylene glycol is widely used in flavours and fragrances, cosmetics, pharmaceuticals, tobacco, food and other fields. After years of development and planning, the company's product system has been gradually improved, establishing the company's leading position in the field of lithium battery electrolyte and fine chemicals. 3、High quality core customer resources The company has been ploughing into the business of lithium battery electrolyte solvents and fine chemicals for 20 years, relying on the company's comprehensive advantages in technology, research and development, quality and other aspects, and downstream head of the customer to reach a long-term strategic cooperative relationship, and the accumulation of high-quality core customer resources. As a global leading lithium-ion battery electrolyte solvent company, the company occupies the A supply position in leading electrolyte companies such as Tenci Materials, BYD, Ruitech New Materials and ENCHEM. Through the downstream customers covering Tesla, Ningde Times, LG, Samsung SDI and Panasonic and other well-known lithium-ion battery giants around the world. GaoGong Industrial Research Institute (GGII) research data shows that the global market share of Haike Xinyuan electrolyte solvent further increased from 28% in 2022 to 35% in the first half of 2023. Some of the customers of alcohol products are AkzoNobel, Johnson & Johnson, Wanhua Chemical, Aipu shares, Qianzai and Perrier and other well-known large domestic and foreign chemical companies. 4、Agile supply system The company has three major production bases in Dongying, Shandong Province, Lianyungang, Jiangsu Province and Yichang, Hubei Province, which have the ability to guarantee long-term stable supply; meanwhile, it is close to customers and raw materials, which greatly reduces the transport cost. The company responds to the demand for overseas expansion of the leading industrial chain, and firmly goes out to embrace the international market. In terms of electrolyte solvents for lithium-ion batteries, the company actively promotes overseas co-operation with customers such as Tenci Materials, Ruitei New Material and YNK, and actively lays out the overseas delivery transit warehouse in Europe, and successively establishes a European trading company and a transit warehouse base, which shortens the delivery period and lays a solid foundation for the development of foreign markets. Alcohol product line, the company with the help of Lianyungang port storage tanks, and actively promote the operation mode of overseas bulk carrier for alcohol products, reduce logistics turnover costs, and improve the competitiveness of the company's alcohol products in overseas. 5、Excellent cost control ability Focusing on electrolyte solvents for lithium-ion batteries, the company has always implemented and optimised the operational excellence mechanism. According to the value chain for key point control, grasp the process control, through scientific and technological innovation, process optimisation, process re-engineering, procurement synergy, supply chain management, logistics and marketing channel integration, continue to promote cost reduction and efficiency. Extreme internal cost control, the company has established a perfect process management procedures, the design and development of the process, confirmation, control and continuous improvement of the process through the entire life cycle of the product, and continue to improve the manufacturing process capacity and efficiency, to achieve the industry's optimal level; the supply chain in accordance with the endogenous construction, and always adhere to the production of key raw materials, to ensure the supply of raw materials and reduce the cost of raw material purchases; at the same time, always adhere to the At the same time, we always insist on the recycling of by-products, and carry out comprehensive design and planning beforehand to build a green and low-carbon industrial system. The company has always insisted on operational excellence, continuously cultivating and optimising suppliers for high-value points to enhance its control over the industry chain; the company has insisted on process re-engineering to improve internal operational efficiency and continuously reduce its operating costs.