Hubei Hairong Technology Co., Ltd. * (湖北海容科技有限公司) (hereinafter referred to as "Hairong Technology"), a company invested by a subsidiary of Sanergy Group Ltd. (2459.HK), is a high-tech enterprise focusing on new energy materials business. It has been committed to research and development and innovation of anode materials since its establishment. Since the investment of Sanergy Group in Hairong Technology in 2023, Hairong Technology has fully expanded into the field of new energy material and formed a new layout with the joint development of "Graphite Materials + Silicon Carbon Materials".
Hairong Technology had developed advanced product technologies such as high energy density fast-charging materials, long cycle anode materials and silicon-based anodes. Recently, Hairong Technology’s silicon carbon anode products have achieved major technological breakthroughs. Through porous carbon material and chemical vapor deposition ("CVD") process, this product has been highly recognized by independent third-party research institute testing and battery customers. Products using silicon carbon and graphite composite technology demonstrate outstanding performance, including higher capacity, first-time efficiency and compaction density, and are suitable for high-end consumer applications.
In order to meet the growing market demand, Hairong Technology is actively planning to build a silicon carbon project with an annual capacity of 1,000 metric tonnes, which is expected to commence production in 2025. The implementation of this project will further consolidate the company's competitive advantages in the field of new energy materials and promote sustainable development of the industry.
About Sanergy Group:
Sanergy Group (2459.HK) is a company listed on the Main Board of the Hong Kong Stock Exchange. It is one of the largest ultra-high power graphite electrode manufacturers in the world and China. It is actively deploying graphite anode material factory in Europe to contribute to the establishment of European lithium-ion battery production supply chain, and continues to uphold the mission of promoting the transformation of downstream industries to become a part of the sustainable value chain against the backdrop of the dual carbon goals of the global market.
* for identification purpose