Ongoal Technology Co., Ltd.

Ongoal Technology Co., Ltd. is a manufacturing company listed on the ChiNext board of the Shenzhen Stock Exchange. The company specializes in the research and development, production, and sales of automated processing lines and equipment for bulk materials, including powders, granules, liquids, and slurries. Ongoal aims to simplify material processing and provides tailored automation solutions that integrate core equipment, accessories, and software to meet the specific needs of its customers. Ongoal's primary business lines include the production of material automation processing lines and standalone equipment designed for various processing industries. Key products include homogenizing mixers, integrated coating mixers, and high-solid-content high-efficiency slurry mixers, which cater to diverse processing requirements such as mixing, conveying, and packaging. The company leverages its in-house R&D capabilities and extensive industry experience to deliver comprehensive solutions, optimizing production processes for sectors like lithium batteries and fine chemicals. Ongoal's strong technological foundation and patent portfolio enhance its competitive position in the market, enabling it to serve a premium customer base effectively.

(1) In-house R&D and Production Capabilities for Core Equipment and Software Control Systems Compared with production line integrators, Ongoal boasts in-house production capabilities for major core equipment in material automation processing, including homogenizing mixers, integrated coating mixers, high-solid-content high-efficiency slurry mixers, vertical bead mills, fully automatic unloading systems, and fully automatic loading systems. Ongoal’s self-developed software control system not only enables real-time operational monitoring of various equipment but also integrates with customers’ existing production and operation management systems—such as ERP, LIMS (Laboratory Information Management System), OA (Office Automation System), WMS (Warehouse Management System), and TMS (Transportation Management System). This facilitates data interconnection from the operational status of production line equipment at the bottom to enterprise production and operation decisions at the top, providing robust data support and effective data analysis for business decision-making. By deploying its own core equipment and industrial control software in its production lines, Ongoal can enhance the quality of hardware-software integration and the overall delivery capability of production lines, thus deepening customer stickiness. (2) Technological Advantages With years of accumulated experience, continuous technological innovation, and sustained R&D investment, Ongoal has mastered full-process processing technologies for various bulk materials—including powders, granules, liquids, and slurries. This has enabled it to form a patent chain covering upstream feeding, midstream mixing, and downstream drying and packaging, thereby establishing a strong competitive edge in the industry. As of June 30, 2025, Ongoal and its subsidiaries hold a total of 484 authorized domestic patents, comprising 16 invention patents, 430 utility model patents, and 38 design patents. Ongoal and its subsidiaries also hold 2 overseas patents and 104 software copyrights as of the same date. Over more than 10 years of accumulation, Ongoal has developed a library of thousands of process model units and a database with research on the properties of thousands of materials, tailored to different application scenarios across multiple downstream industries such as lithium batteries, fine chemicals, rubber and plastics, and food and pharmaceuticals. Based on customers’ differentiated demands, Ongoal can quickly determine process parameters, adapt process models, and further develop a complete set of mature process flows. This helps reduce customers’ trial-and-error costs, shorten the timeline for customers’ new construction and expansion projects, and ensure timely capacity expansion and new project commissioning. (3) Industry Application Experience Boasting extensive accumulation of core technologies, Ongoal has independently developed automated material processing production lines and equipment, which have been applied in thousands of engineering cases across industries such as lithium batteries and fine chemicals. The application experience in diverse industries has enabled Ongoal to accumulate processing experience and data for a variety of materials—particularly expertise in conveying, mixing, and impurity removal for high-end specialty materials in the fine chemical sector in doing so enriching its technical reserves, enhancing its comprehensive service capabilities, and facilitating the expansion of business into new fields in the future. Currently, the company is capable of providing customers with an integrated solution encompassing scheme design of material automation processing production lines and equipment, process optimization, core equipment development, as well as installation and commissioning, thus boasting strong market competitiveness. (4) Brand Influence and Premium Customer Base With advanced technologies, solid product quality, and a good reputation for services, Ongoal’s products have been accepted and recognized by downstream industry leaders such as CATL, BYD, EVE Energy, Sunwoda, Huayou Cobalt, Ronbay Technology, Changyuan Lithium, Wanhua Chemical, Baosheng Science & Technology, 3 Trees Group, Angel Yeast, and Huazhong Zhengda, which has fostered a certain degree of brand influence. These leading customer resources help Ongoal capture cutting-edge market opportunities, enhance technical capabilities, and hence secure stable growth in business performance. Meanwhile, strong brand influence facilitates market expansion, reduces customer acquisition costs, and ultimately boosts market share. (5) Exceptional Management and Technical Teams Ongoal’s management team features a rational combination of knowledge structure, professional background, and work experience. Additionally, the company has a group of experienced professional technical talents—including R&D personnel and engineering technicians—who possess considerable experience in industrial automation and powder material fields such as mechanical design, electrical design, software development, and powder engineering. Such excellent management and technical teams guarantee a sustainable growth of Ongoal’s operations in the future.