Recently, Huayou New Energy Technology (Quzhou) Co., Ltd. (hereinafter referred to as "Huayou New Energy Quzhou") was successfully listed in the eighth batch of manufacturing single champion enterprises, showcasing its exceptional technological innovation ability and market leadership in the new energy lithium battery material domain.

Manufacturing single champions (hereinafter referred to as single champions) are enterprises that have long focused on a specific niche within the manufacturing sector, possess internationally advanced production technology or process levels, and hold a leading global market share for their products (or productive services).

Huayou New Energy Quzhou has continuously increased its investment in technological research and development, enhancing the company's capabilities in technological innovation and R&D. With an annual average R&D investment over the past three years exceeding 6% of its main business income, sustained and significant investment in R&D has led to increased efficiency in new product development. The company has achieved breakthroughs in several key technologies, including particle uniformity, crystal growth orientation control, precise homogeneous doping with multiple elements, and a high solid concentration continuous new process. It has successfully developed NCM6 series, NCM8 series, NCM9 series, and other high-performance lithium battery ternary precursor products, with particle uniformity, doping homogeneity, morphology, and compactness reaching an internationally leading level. The project Key Technologies and Applications of Precursor Materials for High-Performance Power Batteries won the first prize in Science and Technology of the China Nonferrous Metals Industry in 2023. To date, it has secured 65 independent research and development patents, including A Special Nanostructure of Nickel Cobalt Manganese Hydroxide and Its Preparation Method, which won the 24th China Patent Excellence Award, making a significant contribution to the advancement and progress of the industry.

▲Huayou Quzhou Industrial Park

Huayou actively engages in industry-academia-research cooperation with top domestic and international universities and research institutions, gathering top-tier technology and high-end talent to establish a globally leading precursor R&D platform. With 79 ternary precursor R&D channels, its total number of R&D channels surpasses its peers, leading the industry. The large-scale trial platform is proportionally equipped with the production line, effectively ensuring R&D precision and shortening the product development cycle. It has been recognized as a "Key Enterprise Research Institute" and a "National Enterprise Technology Center" for its leading R&D capability and engineering conversion capacity.

Leveraging its exceptional technological innovation and advanced R&D capacity, Huayou New Energy Quzhou continually develops high-end power battery materials that are industry-leading, technologically advanced, with promising market prospects and high product value. These materials are extensively applied in the new energy vehicle industry chain, earning widespread recognition and trust from numerous customers. Its market share has been steadily increasing, affirming its strong market leadership.

2024 marks a pivotal year for the company's " Three in One" transformation development, a year for deepening the "two new materials of lithium battery and cobalt superalloy, as well as high end products, industrial integration and internationalization of operation" strategic direction, and a year to advance the "ten-year task, five-year completion." Huayou New Energy Quzhou steadfastly adheres to the general requirements of seeking progress amid stability and seeking victory through progress. It continues to prioritize technological innovation and market orientation, ceaselessly elevating product quality and service levels, wholeheartedly creating a Technological Huayou, Open Huayou, and employing new quality productive forces to support the company's high-quality development. It contributes Huayou's strength towards the sustainable development of the global power battery industry.