Qingdao Xintai and Nano have completed the A-round strategic financing, with Ningde New Energy, Fengyun Capital, and Haixiang Pharmaceutical jointly investing over 100 million yuan!

Release time:

2023-08-31

Recently, Qingdao Xintai and Nano Technology Co., Ltd. (hereinafter referred to as "Xintai and Nano") completed a round of strategic financing exceeding 100 million yuan.

Qingdao Xintai and Nano have completed the A-round strategic financing, with Ningde New Energy, Fengyun Capital, and Haixiang Pharmaceutical jointly investing over 100 million yuan!

Recently, Qingdao Xintai and Nano Technology Co., Ltd. (hereinafter referred to as "Xintai and Nano") completed a round of strategic financing exceeding 100 million yuan. This round of financing was jointly completed by Ningde New Energy Technology Co., Ltd., Fengyun Capital, and listed company Haixiang Pharmaceutical. Fengyun Capital is an industrial investment platform under Great Wall Holdings Group, which assists enterprises in rapid development on the new energy track through industrial collaboration, capital support, and open cooperation. The funds raised this time are mainly used for the expansion project of a new natural graphite negative electrode factory and the construction project of a research and development center, including the following contents:

(1) 200000 ton natural graphite negative electrode material integrated new factory expansion project (Phase I);

(2) 50000 ton hard carbon, silicon carbon and other new negative electrode material production line construction project (Phase I);

(3) The construction project of the Carbon Materials and Energy Application R&D Center of Xintaihe Nanotechnology Co., Ltd.

After completing this round of financing, Xintai and Nano have obtained equity support from core strategic investors of Ningde New Energy and Honeycomb Energy.

At the same time, Xintai and Nano will also enter the main supplier list of Ningde New Energy and Honeycomb Energy.

 

 

Qingdao Xintaihe Nano Technology Co., Ltd. was established in 2020 and is one of the large-scale comprehensive processing enterprises for negative electrodes in China. Its main products are precursors and finished products of natural graphite negative electrode materials, and it is one of the few domestic manufacturers with integrated production capacity of tens of thousands of tons of natural graphite. At the same time, Xintai and Nano continuously improve their technological strength, forming their own unique barriers and leading advantages in new negative electrode materials, process equipment, technology knowledge, integration, and other aspects. At present, the company has three production bases, namely Qingdao Taihe Long/Keshuo, Xintaihe Energy, and Xintaihe Nano. Among them, the technology project located in Xintai and Nano Production Base is one of the top 50 new energy supporting projects in Shandong Province in 2022 and a demonstration project for the conversion of old and new kinetic energy in Qingdao.

 

 

According to Xinlun Information, in 2022, China's production of lithium battery negative electrode materials reached 1.415 million tons, a year-on-year increase of 74.5%. The domestic negative electrode material market continues to maintain rapid growth. With the growth of the negative electrode material market and the advantages of natural graphite without graphitization, as well as the safety and stability of the industrial chain supply chain, the penetration rate of natural graphite negative electrodes in various application fields will gradually increase. Xinlun Information predicts that the production of natural graphite negative electrode materials will show an increasing trend year by year in the next 3-5 years. By 2025, the production of natural graphite negative electrode materials will reach around 627000 tons, and the market space will jump to 15 billion yuan.

 

 

At the same time, the carbon emissions of producing natural graphite negative electrodes are lower, which gives them a competitive advantage in responding to the future trend of global carbon tax hikes. Therefore, enterprises that produce natural graphite and have core production capacity advantages will have good growth potential. Through continuous equipment upgrades and technological breakthroughs, Xintai and Nano have further improved the performance of natural graphite and reduced production costs, steadily occupying the second tier position in the natural graphite negative electrode material industry, and have significant advantages in core production capacity and integrated production capacity. According to the plan of Xintaihe Nano, the annual production capacity of graphite negative electrode materials will reach 200000 tons by 2025, and the annual production capacity of hard carbon negative electrode materials will reach 50000 tons, steadily advancing to the first tier of the negative electrode material industry.

For this round of financing, Mr. Su Hongbao, Chairman of Qingdao Xintaihe Nano Technology Co., Ltd., stated: After the completion of this round of financing, Xintai and Nano will collaborate with upstream and downstream partners in the industry chain to optimize the development trend of the negative electrode material industry in the next five to ten years, further strengthening their advantageous position in the natural graphite manufacturing field. At the same time, we will continue to attach importance to technological innovation, drive development with continuous innovation, actively layout the research and development and industrial preparation of the next generation of new negative electrode materials, and continue to upgrade the industry through continuous industrial upgrading As well as research and development investment, continuously improving our own research and development capabilities, and becoming a comprehensive negative electrode material supplier in the new energy industry

Investor Fengyun Capital stated: "In the context of industry downturn in the first half of the year, it was not easy for Xintai and Nano to successfully complete the A-round financing, but this may also prove the characteristics and value of Xintai and Nano. After this investment, Fengyun Capital will work together with Xintai and Nano to explore the future direction of new energy negative electrode materials, including but not limited to natural/artificial graphite composite materials, silicon negative electrodes, hard carbon, densified natural graphite and other new materials. We will continue to enhance the product competitiveness and cost advantages of Xintai and Nano, and leverage the advantages of industrial capital in technology, capital, and resources through industrial collaboration and capital support And an open cooperation approach to help Xintai and Nano develop rapidly on the new energy track. “

For the future, Xintai and Nano look forward to continuously introducing new strategic investors to promote the closer integration of Xintai and Nano with the upstream and downstream industrial chains, keep up with new technologies and products, and closely align with the new trends of national new energy development. They will form a joint force to promote Xintai and Nano to continuously surpass, innovate, and move forward, in order to support the deepening of the transformation of new and old driving forces, Accelerate the promotion of green, low-carbon, and high-quality development and contribute to it.