Shenzhen Xinmao New Energy Technology Co., Ltd., founded in 2015, focuses on research, manufacture and sales of lithium‑battery cathode and anode materials and new carbon materials. The company is a national high‑tech enterprise and is described as one of the earliest and largest Chinese firms repairing and recycling waste graphite and lithium‑iron phosphate (LFP) materials, and a setter of industry standards for anode-material recycling. Its cathode LFP and anode graphite recycling technologies have received national‑level appraisal and are said to reach international advanced levels. The company completed a C+ financing round of ¥100 million; the proceeds will be used to continue construction of a Guizhou production line, expand capacity and replenish working capital. Xinmao says it will also use the funds to further enhance talent competitiveness and product R&D capabilities. The article also notes broader industry progress in new carbon materials and potential expanded applications in electric vehicles, energy storage and other fields.

Total raised

$14M

Funding rounds

1

Latest round

Series C

Latest activity

Oct 2023