Hunan Yuneng New Energy Battery Material Co., Ltd.

Hunan Yuneng New Energy Battery Material Co., Ltd. is a manufacturing company established on June 23, 2016, and listed on the ChiNext board of the Shenzhen Stock Exchange in 2023. The company specializes in the research and development, production, and sales of lithium-ion battery cathode materials, with a focus on lithium iron phosphate (LFP) and other related products. These materials are primarily utilized in the production of power batteries and energy storage systems, serving applications in new energy vehicles and energy storage solutions. Hunan Yuneng employs an integrated industrial development strategy that encompasses the entire supply chain, from resources to recycling. The company has established a strong reputation for high-quality, cost-effective products, supported by robust research and development capabilities. It has built long-term partnerships with leading domestic battery manufacturers, such as CATL and BYD, and continues to innovate to meet diverse customer needs. With a focus on vertical integration and operational efficiency, Hunan Yuneng is positioned to strengthen its market leadership in the new energy battery materials sector.

(1) Outstanding Product Performance with Cost Reduction and Efficiency Improvement The company is dedicated to providing customers with high-quality and cost-effective lithium iron phosphate (LFP) materials. In terms of product performance, the products are characterized by high energy density, excellent stability, competitive cost efficiency, long cycle life, and superior low-temperature performance. With a strong emphasis on innovation, the company continues to introduce novel products with differentiated competitive advantages. Through proactive market promotion efforts, the company has achieved significant growth in both production and sales. On the cost-efficiency front, while ensuring product quality remains stable, Hunan Yuneng explores multiple avenues for cost reduction, focusing on integrated operations, process innovation for new products, and refined management practices to improve efficiency. Thanks to its product performance and competitive pricing, Hunan Yuneng enjoys high market recognition, a strong reputation for quality, and a clear competitive advantage. (2) Broad Customer Coverage and Stable Partnerships Hunan Yuneng adheres to a customer-oriented approach in its R&D and production efforts, continuously delivering more competitive products through sustained technological innovation, quality enhancements, and product iteration. As cathode materials are one of the core components in lithium-ion batteries and directly impact battery performance, battery manufacturers rigorously evaluate suppliers to ensure optimal battery quality. Once established, such partnerships tend to be long-lasting and stable. Hunan Yuneng’s downstream customer base is extensive, and the company has already established long-term, stable business relationships with leading domestic lithium-ion battery manufacturers such as CATL and BYD. (3) Strong R&D Capabilities with a Comprehensive System R&D capabilities and technical expertise are key to Hunan Yuneng’s superior product performance. Focused on lithium-ion battery cathode materials, the company has leveraged deep technical experience and sustained investment to develop higher-performing products. After years of exploration and practice, Hunan Yuneng has established a comprehensive technology development system for lithium-ion battery materials and has successfully mastered the core process technologies required for cathode material production. Its innovative R&D management system ensures continuous technological advancement. The company actively promotes product iteration and innovation to meet customers’ diverse application needs. Looking ahead, Hunan Yuneng remains committed to innovation-driven growth, continually launching more competitive products. (4) Vertical Integration with Remarkable Results Leveraging its technological expertise and manufacturing strength in cathode materials, Hunan Yuneng has implemented an integrated industrial strategy covering "resources – precursors – cathode materials – recycling." The company focuses on its core business while vertically extending and continuously refining key segments of the value chain, reinforcing its industry leadership. The Guizhou base benefits from an integrated production system encompassing phosphate resources, phosphochemicals, precursors, and cathode materials, which effectively reduces costs and strengthens core competitiveness. Hunan Yuneng has achieved full self-sufficiency in iron phosphate and is actively advancing lithium carbonate processing and battery recycling initiatives to further enhance the supply capacity of key raw materials, reduce overall production costs, and improve profitability. By strategically deploying across key links in the value chain, Hunan Yuneng is well-positioned to address future challenges and drive high-quality growth. (5) Scale Advantage Solidifies Market Leadership The production of cathode materials requires large-scale investments, complex processes, and advanced technology. A manufacturer’s market share and financial strength are key determinants of its competitiveness and customer procurement decisions. In recent years, Hunan Yuneng has actively expanded its capacity in regions with competitive advantages. With stable and reliable product performance and a high-quality, diversified customer base, Hunan Yuneng’s primary product lines have achieved steady growth in both output and sales. Since 2020, Hunan Yuneng has consistently ranked first in the industry in terms of phosphate-based cathode material shipments. Looking ahead, the company will further consolidate its leading position, laying a solid foundation for long-term development. (6) Experienced and Stable Team Hunan Yuneng’s core personnel have many years of industry experience in lithium-ion battery cathode materials, with deep expertise across management, R&D, technology, production, and sales. This enables the company to respond quickly to market dynamics and enhance operational efficiency. Hunan Yuneng places great emphasis on team development and continuously expands its core team through a combination of internal training and external recruitment, providing strong human resource support for long-term growth. The company has also established a competitive compensation and benefits system. By implementing equity incentives for key management and core staff, Hunan Yuneng has further stabilized its leadership team and fostered motivation and initiative among employees, driving improved business performance.