Shandong Fengyuan Chemical Co.,Ltd. (China)

Shandong Fengyuan Chemical Co., Ltd. was established in August 2000 and went public on the Shenzhen Stock Exchange in 2016 (stock code: 002805). The company's main business model focuses on lithium battery cathode materials, with oxalic acid business as a secondary component. In terms of lithium battery cathode materials, the company has increased production capacity and research and development investment, actively explored the market, deepened cooperation with high-value customers, and achieved steady growth. In the traditional oxalic acid business, as one of the industry leaders, the company maintains stable production and sales volume. The company currently has more than 1,000 employees and has three major lithium battery cathode material production bases in Zaozhuang, Shandong, Anqing, Anhui, and Yuxi, Yunnan. It has 13 subsidiaries, including Fengyuan Lithium Energy, Fengyuan Fine Chemicals, Qingdao Guomao, Zhongke Huineng, Anhui Fengyuan, Fengyuan Yunnan, Shandong Fengyuan Huineng, and Yingyuan Company. It also has three offices in Shenzhen, South Korea, and Germany. As of the end of 2022, the company's total production capacity of lithium battery cathode materials has reached 140,000 tons, and it is expected to reach 315,000 tons by the end of 2023. Fengyuan Chemical has been successfully listed in the "Top 500 Chinese Petroleum and Chemical Enterprises in 2022" and is a leading enterprise in the "Top Ten" industrial cluster in Shandong Province. The company and its subsidiary, Fengyuan Lithium Energy, have been certified as "High-tech Enterprises" and "Specialized and New Small and Medium-sized Enterprises in Shandong Province in 2023". In addition, Fengyuan Lithium Energy has also won honors such as "Specialized and New 'Little Giant' Enterprise", "Excellent Supplier in China's Battery Industry in 2022", "Top 50 Lithium Battery Material Industry in 2022", and "The 6th China Battery Industry 'Lithium Award' Annual Influential Enterprise".