w88 online live casino Group Zhejiang New Energy Materials Co., Ltd. was established in 2005 with a registered capital of RMB 314 million. It is located in Shangyu Industrial Park, Hangzhou Bay, Zhejiang Province. It is a holding subsidiary of China w88 online live casino Holdings (Group) Company, mainly engaged in the research, development, production and sales of high-end lithium-ion battery positive electrode materials.

The company's current products include cobalt salt and positive electrode material precursor. Cobalt salt products are produced using wet smelting technology and are produced using cobalt concentrate, cobalt copper alloy and cobalt intermediate products as raw materials. The annual production capacity of the main cobalt salt products cobalt chloride and cobalt sulfate reaches 1,500 tons of metal and copper reaches 1,500 tons of metal. The products of the positive electrode material precursor (including cobalt tetraoxide and ternary precursor) adopt the independently developed "neutralization and oxidation method" production process. The key equipment was introduced by Japan and has an annual production capacity of 3,600 tons of positive electrode material precursor. The precursor products produced by this technology have high purity, reasonable particle distribution, high density and good reaction activity, reaching the international advanced level, filling the domestic gap, and are suitable for the production of high-density, high-voltage, and high-capacity lithium-ion battery positive electrode materials.