At the construction site of Ningxia Zhongtai Xinyuan Technology Co., Ltd.’s integrated project for 60,000 tonnes per annum of lithium-ion battery anode materials, construction activity is in full swing, with a bustling, high-energy atmosphere on site.
The project has a total investment of RMB 750 million (approximately USD 110 million) and will be built in two phases, focusing on the R&D and production of consumer-grade and energy-storage-grade lithium-ion battery anode materials. The products are widely used in new energy vehicles, energy storage equipment, and consumer electronics, with broad market prospects.
“Phase 1 of the project mainly involves the construction of 20,000 tonnes of capacity and related supporting facilities. The main structure of the supporting office area has been completed and interior fit-out is underway, with occupancy expected in June this year. The standardised plant and pre-carbonisation workshop have also been completed and are scheduled to enter trial production in September. The crushing, granulation, and de-magnetisation workshops are progressing on schedule. Phase 1 is expected to commence trial operations in mid-2027, with Phase 2 to launch at an opportune time following the commissioning of Phase 1,” said Liu Jing, Administrative Officer at Ningxia Zhongtai Xinyuan Technology Co., Ltd.
The project is the first medium-to-large enterprise from Quanzhou to sign and land at the Fujian–Ningxia Industrial Park, successfully introducing an integrated lithium-ion battery anode materials project to the park. It fills the full-industry-chain gap in lithium-ion battery anode materials in Hongsibu District and further extends the regional new energy industry chain, injecting new momentum into the implementation of Fujian–Ningxia cooperation outcomes.
“Following the commissioning of both phases, the project will achieve production capacity of 30,000 tonnes of consumer-grade anode material and 30,000 tonnes of energy-storage anode material, with average annual revenue of RMB 1.05 billion (approximately USD 154 million), profit of RMB 200 million (approximately USD 29.3 million), tax contribution of RMB 80 million (approximately USD 11.7 million), and employment of over 300 people.”
Records show that Ningxia Zhongtai Xinyuan Technology Co., Ltd. was established in August 2023, with a business scope covering new materials technology R&D, battery manufacturing, battery sales, battery component production, and the sale of graphite and carbon products.
Note: All CNY figures converted to USD at an approximate rate of 1 USD = 6.82 CNY as of 16 April 2026.
Source: Shimo Shixun (石墨时讯), “6万吨负极项目即将投产”, WeChat, 12 April 2026.
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