Key highlights
- Kaijin New Energy signs cooperation agreement with Gui’an New Area for a 200,000 tpa integrated anode material project.
- Kaijin ranked #5 in China by anode material shipments in 2025 (~220,000 tonnes), per EVTank.
- Customer base includes CATL, Haichen Energy, LG Energy Solution, and SK Innovation.
- Gui’an New Area already hosts CATL, BYD, Chery, and Zhongke Electric operations.
Guangdong Kaijin New Energy Technology Co., Ltd. has signed a project cooperation agreement with the Gui’an New Area Administrative Committee in Guizhou province for an integrated lithium battery anode material facility with annual capacity of 200,000 tonnes. The signing ceremony, held on February 13, was attended by Wang Hong, Deputy Secretary of the Gui’an Party Working Committee, and Kaijin President Yang Yunlin.
The company holds a significant market share in commercial vehicle battery applications and supplies CATL, Haichen, LG Energy Solution, and SK Innovation. According to EVTank’s January 2026 industry white paper, Kaijin shipped an estimated 220,000 tonnes of anode material in 2025, placing it fifth nationally behind BTR New Material (595,000t), Shanghai Shanshan (518,000t), Zhongke Xingcheng (373,000t), and Shangtai Technology (320,000t).
Gui’an New Area has been building out a dedicated new energy cluster over recent years, attracting CATL, BYD, Chery, and Zhongke Electric to establish operations. Local authorities describe the result as a complete upstream, midstream, and downstream industrial chain for batteries and materials. Wang Hong framed the Kaijin signing within President Xi Jinping’s directives on cultivating Guizhou’s industrial clusters.
Why it matters
| The Kaijin project is another data point in the build out of Chinese anode material capacity, even as the industry is already in surplus and prices are falling. In China, provincial and municipal governments continue to compete for battery supply chain investments, offering land, infrastructure, and favourable conditions. Kaijin’s decision to sign for a facility this large, at a time when average selling prices have declined sharply, reflects confidence in long-term volume growth and ongoing government level support for project economics. |
For producers and potential new entrants outside China, whether in the U.S., Europe, or elsewhere, every megaproject announcement widens the scale and cost gap. The window for non-Chinese producers to establish a meaningful foothold is not closing gradually. It is closing with every signing ceremony like this one.