liShen Battery cells

As a state-owned holding national high-tech enterprise, Lishen Battery has become a leading enterprise in the professional production of domestic lithium-ion batteries after years of development since its establishment in 1997. It has gradually grown from an early production line and continuously made breakthroughs in technology research and development, production scale, and product application.

1.Development History
---Early Start (1997 - 2001): Officially established on December 25, 1997. Initially, it was just a production line. After several years of technological accumulation and development, in 2001, it became a supplier to Samsung Electronics and Motorola and began to emerge in the battery industry.
---Steady Development (2003 - 2009): In 2003, it became a qualified supplier to Lenovo, further expanding its domestic customer base. In 2005, it became a supplier to Apple and began to get involved in the power battery field. It was recognized as a national enterprise technology center, which marked that its technological research and development capabilities had been recognized by the country. In 2007, it was recognized as a "China Famous Brand Product." In 2009, it was recognized as a well-known trademark in China. In the same year, it became a qualified supplier to LG Electronics, and its brand influence continued to increase.
---Rapid Expansion (2011 - 2018): In 2011, the academic committee was established. It became a supplier to Dell, State Grid, and Huawei. It passed the quality system audit of Volkswagen AG, and its business scope continued to expand. In 2013, the "National Lithium-ion Battery Engineering Technology Research Center" was established in Lishen and won the "Excellent Development Award" from FAW-Volkswagen. In 2015, China Electronics Technology Group became the largest shareholder and was among the first to enter the certification of the "Industry Specification Conditions for Automotive Power Storage Batteries." In 2017, the Australian energy storage system was put into operation, and the Suzhou base began to ship products. In 2018, it exceeded a production capacity of 15 billion watt-hours. Building a smart factory became a national pilot demonstration project for intelligent manufacturing by the Ministry of Industry and Information Technology.
---Continuous Promotion (since 2019): In 2019, it ranked 184th in the "Global New Energy Enterprise 500 List." In March 2022, it was selected as a "Demonstration Enterprise for Scientific and Technological Reform" by the State-owned Assets Supervision and Administration Commission of the State Council. On June 30, 2022, the Lishen Binhai New Energy Industry Base project was officially launched in the Ocean Science and Technology Park of the High-tech Zone. In 2023, the Lishen Battery Chuzhou base was completed and put into production, and a global partner conference was held.

2.Production and R & D capabilities:
---Production scale: Currently, the annual production capacity reaches 31 GWh, and the total assets reach 6 billion yuan. There are production bases or industrial bases in Tianjin, Qingdao, Suzhou, Wuxi, Chuzhou, Wuhan, Shenzhen and other places, forming a relatively extensive production layout, which can meet the needs of customers in different regions.
---R & D platform: It has the only national lithium-ion power battery engineering technology research center in the domestic lithium battery industry, the first UL witness testing laboratory in the domestic battery industry, the national enterprise technology center, and the post-doctoral research mobile workstation and other R & D platforms and qualifications, providing a solid foundation for technological innovation.
---Technical achievements: Continuously making breakthroughs in battery technology. For example, the 160Wh/kg cylindrical sodium-ion battery launched in 2024 has technical advantages such as high specific energy, low temperature resistance, ultra-fast charging, and high safety. Its energy density is 10% higher than that of the first-generation sodium-ion battery. It can achieve a discharge capacity retention rate greater than 80% at -40°C, 5C fast charging, and pass the GB38031 - 2020 safety performance test.

3.Products and Application Areas
---Consumer electronics lithium batteries: Provide customers with high-quality and diverse consumer battery products, including square batteries, cylindrical batteries, and polymer batteries, which are applied in digital products, mobile power supplies, emerging fields, etc.
---Vehicle-mounted products: With nearly 20 years of research and development and production experience in power batteries, it has been widely used in transportation, special equipment and emerging fields, such as electric passenger vehicles, electric commercial vehicles, electric special vehicles, etc.
---Energy storage products: Energy storage system products adopt advanced power lithium battery cells, realizing supply to many high-end customers at home and abroad, and are applied in power energy storage, industrial and commercial energy storage, household energy storage and other fields.

4.Market and Customers
---Market Position: The international high-end market share ranks among the forefront of the global lithium battery industry. The products have been recognized by international giants such as Samsung, Apple, and Motorola, as well as domestic industry leaders such as Huawei and Lenovo. The high-end customer share ranks among the top in the industry.
---Marketing Network: Branches have been established in North America, Europe, Asia and other regions, establishing a strong domestic and international marketing network. Logistics centers are located all over the world.

5.Enterprise Management and Culture
---Management Concept: Always adhere to market orientation, take technological innovation as the driving force, and regard product quality as life. Take "safety, speed, and cost" as the three main themes of the company's daily operations.
---Corporate Culture: The main body of Lishen culture comes from the common values of employees. It absorbs the essence of the spiritual, material, and institutional systems and reflects the employees' infinite love and loyalty to their careers. Displaying the might of China and creating national brands is the unwavering pursuit of Lishen people. Pioneering and innovating, being honest and pragmatic are the unremitting concepts of Lishen people.

6.Future Plan
In the future, we will continue to increase investment in power batteries, expand production and R & D capabilities of power batteries, focus on promoting the development of new energy industries such as electric vehicle batteries and energy storage systems, and strive to become an international first-class internationalized, technological and quality-oriented company that can provide customers with overall power supply solutions, and work hard to build a banner of the central enterprise's new energy industry and an important force in the national new energy strategy. 


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