The company was founded in 2002 and is a company directly managed by China Minmetals Group Co., Ltd., one of the world's top 500 companies. In August 2021, it landed on the Science and Technology Innovation Board of the Shanghai Stock Exchange. The company is one of the earliest domestic enterprises engaged in R&D and production of ternary cathode materials. It has a complete product system for lithium battery multi-material precursors, cathode materials, and lithium iron phosphate cathode materials. The company is mainly engaged in R&D, production and sales of high-efficiency battery materials. The company's main products include multi-material precursors, multi-cathode materials, lithium battery cathode materials such as lithium iron phosphate and lithium cobalate, and nickel-metal hydride battery cathode materials. Company Honors: 2016 Top 50 Large-scale Efficient Enterprises in the Nonferrous Metals Industry in the Province, High-tech Enterprises, Youth Civilization Number, etc.