ABOUT

　　 The company was first established in May 2010, registered capital of 25 million, the company's original name is "Meishan Shunying Metal Material Co., LTD.", the core product is "new energy materials", mainly through the self-developed "high pressure leaching technology" processing nickel molybdenum ore to produce nickel hydride battery, nickel chromium battery precursor (nickel sulfate) and other energy storage materials. At the same time, the company is also engaged in waste battery recycling, through nickel cobalt alloy production of lithium cobalt oxide battery precursor and other products.

　　 In March 2015, the company increased its capital to 50 million yuan. In order to further exert the company's unique advantages in the purification of multi-metal raw materials and synthesis of energy materials involved in power battery materials, the company changed its name to "Meishan Shunying New Energy Material Co., LTD.". The company's core products are positioned as the research and development and production of "terpolymer battery material precursor" series products with high energy density, fast charge and discharge speed, and 50%-60% of the future power lithium-ion batteries, so as to meet the arrival of China's "electric vehicle market tide".

　　 In April 2016, in order to meet the world's power battery and other large-capacity energy storage battery industrialization tide, Nabis Material invested and held the "Meishan Shunying New Energy Material Co., LTD." to support enterprise specializing in the research and development and production of battery-grade nickel-cobalt materials and other functional materials, and the company's capital increased to 200 million yuan. To improve the 3,000 tons of nickel and cobalt metal wet leaching and purification production line, 5,000 tons of ternary material precursor synthesis production line. At this point, the core technology of directly processing and synthesizing functional materials with polymetallic and difficult-to-process metal raw materials has completed industrial application, and has formed a unique low-cost competitive advantage by optimizing the process flow and other measures. In July 2019, the company introduced the first round of strategic investors - "Meishan Innovation Industry Development Fund", completed 40 million strategic financing, and the company's capital increased to 214.2857 million yuan. Shunying Material Company is also the first key project in the new energy and new materials industry invested by the fund. In order to highlight the main business and focus on the target market, the company's name was changed to "Sichuan Shunying Power Battery Material Co., LTD.".

　　 In the past 8 years since 2012, the company has been committed to the research and development and application of various kinds of large reserves of complex metal ore, industrial slag containing precious metals, and high value-added rare metals wet extraction and purification process. In recent years, the research direction of the company's R & D team is focused on the wet extraction and purification of precious metals in the field of vanadium titanium smelting slag in Panxi area of Sichuan province, high aluminum dust ash in Northwest China, and laterite nickel ore in the Southern Ocean island country. The metals involved include vanadium, titanium, nickel, cobalt, aluminum, magnesium, gallium, scandium and germanium, which are widely used in modern new energy materials, electronic chip materials, and precious metals of special alloy materials. These research results and industrialization are of great significance to ensure the safety of national strategic metals. In 2019, the "New nitric acid pressure leaching technology of brown iron laterite nickel ore" jointly developed by Shunying Material Company and Beijing University of Science and Technology achieved a major breakthrough, which was verified by pilot test. On June 29th , 2020, it has obtained the certification of innovation and invention discovery by the Ministry of Science and Technology of China and the technical evaluation of "world first and international leading" by a number of national academicians and well-known metallurgical experts organized by the China Non-Ferrous Metals Industry Association (formerly the Ministry of Metallurgical Industry of China). The company intends to be reorganized as "Sichuan Shunying Power Battery Material Co., LTD.", the company plans to achieve the issuance and listing of shares in China's A-share "Science and Technology Innovation Board" by the end of 2023, and relevant intermediaries have entered the market.