NETDA company honored at lithium golden globe awards

Nantong Reshine New Material Co Ltd from the NETDA is honored as "best investment value enterprise" in 2021, at the ceremony for the 2021 Gaogong Lithium Golden Globe Awards in Shenzhen. [Photo provided to NETDA]

The ceremony for the 2021 Gaogong Lithium Golden Globe Awards was held recently in the high-tech hub of Shenzhen city – located in South China's Guangdong province.

Nantong Reshine New Material Co Ltd, based in the Nantong Economic & Technological Development Area, or NETDA – in Nantong city, in East China's Jiangsu province – received honors for being the "best investment value enterprise" in 2021, according to local media reports on Dec 28.

The company is situated at No 11 South Xinkai Road, NETDA and is reputedly a high-tech enterprise specializing in the R&D, production and sales of lithium-ion batteries cathode materials.

The company was established in November 2006 with a registered capital of 340 million yuan ($53.28 million) and is now controlled by holding company Jinchuan Group. Moreover, the company currently owns more than 40 invention patents.

Its main products include LNCMs or cathode materials. These are used in power batteries, power tools, energy storage batteries and consumer batteries – such as in mobile phones, laptops and smart grids – and its main customers are leading domestic and overseas lithium battery manufacturers.

From January to November, the company's operating revenue increased by a whopping 234 percent year-on-year.