Hunan Shanshan New Energy Technology Co., Ltd., founded in March 2014, is a high-tech enterprise, wholly-owned by a new three board company Shanshan Energy Technology Co., Ltd. (founded in 2003 in Changsha High-tech Zone). Meanwhile, Shanshan Energy is also a subordinate company of Ningbo Shanshan Co., Ltd. (Shanghai Stock Exchange code:600884).

Hunan Shanshan New Energy Technology Co., Ltd. specializes in developing and producing the cathode materials of new lithium batteries, which has been rated as 啊a demonstration enterprise by Ministry of Industry and Information Technology of the People’s republic of China and has ranked first in the industry for 6 consecutive years. Its leading products mainly include Lithium cobaltate, NCM or NCA, which are widely used in 3C mobile electronic devices like mobile phones, notebook computers and digital cameras, electric vehicles such as new energy vehicles, and other fields in large power supply, recharging and energy storage.