This new material company not only won the investment holdings of CATL!

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As a new material company on the same track, Zesheng New Materials focuses on the production and supply of “small transparent” NMP (1-Methyl-2-pyrrolidinone) solvents. Huaxin Materials is an enterprise focusing on the R&D and manufacturing of lithium battery copper foil, which belongs to Zhejiang Huayou Holding Group. At present, there are three production bases in Anhui Tongling, Guangxi Yulin, and Jiangxi Nanchang in China, and new production bases are planned in Quzhou, Zhejiang, Erdos, Inner Mongolia and other places, and the strength seems to be very strong.

Now, Huachuang Materials has not only received new investment from CATL’s wholly-owned subsidiary Wending Investment, but also received investment from affiliated companies of four major battery companies including EVE, Gotion High-Tech, Qianhai Hongsheng, and COSMX.

battery in production

The current shareholding is as follows: CATL indirectly holds 2.2%, EVE indirectly holds 2.5201%, Gotion High-Tech holds 0.63% indirectly, SUNWODA holds 0.63% indirectly, and COSMX indirectly holds 0.63%.

Why NMP (1-Methyl-2-pyrrolidinone) solvent or lithium battery copper foil are the raw materials of lithium battery, But the lithium battery copper foil is so optimistic? ! It is not without reason. Lithium battery copper foil is a relatively important component material. The downstream market demand is relatively strong, and the upstream supply is relatively tight. The truth is the “small transparent” NMP (1-Methyl-2-pyrrolidinone) solvent which is auxiliary materials for cathode materials , so it has been ignored for a long time.

However, since NMP(1-Methyl-2-pyrrolidinone) solvent is currently indispensable and has a certain impact on the performance of lithium batteries, its supply is actually very tight.  The price is rising recently and will be rising again,if you need,kindly arrange well your plan in advance.Welcome to contact with us at any time.Thanks for your time.

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