XTC New Energy,
XTC New Energy is a world-leading Chinese company specializing in the production of lithium-ion cathode materials and their precursors. Since 2002, the company has been committed to the research, development, manufacturing, and sales of energy storage materials, precursors, and recycling solutions. In 2016, XTC New Energy was spun off from its parent company, Xiamen Tungsten Co., Ltd. (XTC Group), to operate independently, and in 2021 it was listed on the Shanghai Stock Exchange, becoming a publicly listed company. Today, XTC New Energy operates 13 subsidiaries, 7 production sites, and 2 research institutes in China, all dedicated to advancing energy storage materials.
With more than 20 years of industry experience and a steadfast commitment to technological innovation, the company offers a comprehensive portfolio of materials that support new mobility and electrification. Its products are widely applied in consumer electronics (such as smartphones, computers, and drones), the electric vehicle market, and energy storage systems. Many of these products are recognized globally for their technological excellence, market leadership, and strong customer trust.
For the European market, XTC New Energy and Orano plan to establish world-class factories in Dunkirk, France, to provide advanced solutions for their clients — European gigafactories — and, in the longer term, expand to North America to contribute to the global goal of carbon neutrality.
XTC New Energy’s Industrial Plants in China
Haicang Base (HQ)
Province: Fujian
City: Xiamen
Activities and products: EV cathode materials and precursors; hydrogen storage alloy materials
- Production capacity: 23,000 tons per year
Introduction: The Haicang Base was spun off from Xiamen Tungsten Group (XTC Group) on December 20, 2016, and now serves as the industrial incubation center for XTC New Energy’s complete product portfolio. Since 2004, the base has established production lines for lithium cobalt oxide, lithium manganese oxide, lithium iron phosphate, and NCM materials, making it the first facility in China to export EV battery cathode materials to Japan. With an annual production capacity of 23,000 tons of battery materials, Haicang Base today specializes in the manufacturing of cathode materials for EV batteries and their precursors, as well as hydrogen storage alloy materials.
Haijing Base
Province: Fujian
City: Xiamen
Activities and products: High-nickel NCM
- Production capacity: 85,000 tons per year
Introduction: Construction of the Haijing Base began on January 22, 2019, in Haicang District, Xiamen, Fujian Province. It serves as a major production site for XTC New Energy’s high-nickel NCM materials and as a showcase of the group’s advanced manufacturing and modern management. The base mainly supports the company’s development plan for the EV market, with an annual production capacity of 85,000 tons of battery materials.
Sanming Base
- Province: Fujian
- City: Sanming
- Activities and products: Lithium cobalt oxide
- Production capacity: 19,000 tons per year
Introduction: Established on June 8, 2012, in Sanming City, Fujian Province, the base has an annual production capacity of 19,000 tons of battery materials. It serves as the primary production site for XTC New Energy’s lithium cobalt oxide and plays a key role in supporting the company’s growth in the consumer electronics market. “Lean management” has become the defining feature of this base.
Ningde Base
- Province: Fujian
- City: Ningde
- Activities and products: NCM
- Production capacity: 95,000 tons per year
Introduction: Established on March 21, 2017, in Ningde City, Fujian Province, the base has a planned annual production capacity of 95,000 tons of battery materials. It serves as a key production site for XTC New Energy’s NCM materials and provides advanced EV battery material solutions to many of the world’s leading automotive manufacturers.
Ya’an Base
- Province: Sichuan
- City: Ya’an
- Activities and products: LFP
- Production capacity: 100,000 tons per year
Introduction: Established on December 29, 2021, in Ya’an City, Sichuan Province, the base is designed with a planned annual production capacity of 100,000 tons of battery materials. It serves as a major production site for XTC New Energy’s lithium iron phosphate (LFP) and provides advanced material solutions for both the EV market and the energy storage market.
Fuquan Base
- Province: Guizhou
- City: Fuquan
- Activities and products: NCM precursors
- Production capacity: 100,000 tons per year
Introduction: Established on January 16, 2023, in Fuquan City, Guizhou Province, the base has a planned annual production capacity of 100,000 tons of battery materials. It serves as a major production site for NCM precursors. “High efficiency & Low energy consumption” are the defining features of this base, reflecting the group’s commitment to social responsibility and sustainable development in modern manufacturing.
Tongling Base
- Province: Anhui
- City: Tongling Economic and Technological Development Zone
- Activities and products: Precursors and raw materials for cathode materials
- Production capacity: 80,000 tons per year
Introduction: Established on November 28, 2022, in the Tongling Economic and Technological Development Zone of Anhui Province, the base is planned with a production capacity of 20,000 tons of cobalt hydroxide, 20,000 tons of tricobalt tetroxide, and 40,000 tons of NCM precursors per year. The Tongling Base integrates the resource advantages of China Nonferrous Metal Mining Group (CNMC Group) and XTC New Energy’s expertise in lithium battery cathode materials. By adopting advanced industry technologies such as cobalt salt ammonia saponification extraction and refining, precursor production processes, and automated manufacturing equipment, the base is committed to becoming a benchmark smart factory with significant industry influence.
Industrial Expertise in Cathode Active Materials (CAM)
XTC New Energy’s product portfolio covers a full range of energy storage materials, including LCO, NCM, LFP, sodium-ion materials, and hydrogen storage alloys. Among them, XTC’s LCO holds the largest global market share, NCM ranks among the industry’s first tier, and hydrogen storage alloys have maintained the largest market share in China for 15 consecutive years.
The company’s products are widely applied in consumer electronics, electric vehicles, and energy storage systems. Its clients include internationally renowned battery manufacturers such as Panasonic, CATL, CALB, Sunwoda, BYD, Samsung, and LG Chem.
XTC New Energy has mastered multiple industry-leading technologies, including co-precipitation, sintering, doping, surface treatment, and high-voltage single crystals for new energy materials. It holds over 100 authorized patents and possesses a comprehensive system of independent intellectual property rights. Additionally, the company is actively engaged in the development of cutting-edge products such as LMFP, solid-state battery materials, and silicon-based negative electrodes, continuously driving technological breakthroughs
Two R&D Centers in China and a Future R&D Center in France for CAM & PCAM
XTC New Energy operates 2 research institutes in China dedicated to the research, development, and testing of energy storage materials.
The Xiamen Institute, established in 2016, is China’s national-level new energy materials R&D center, focusing on the innovative development, production, and testing of cathode materials and their precursors.
The Chengdu Institute, founded in 2023, specializes in research expansion, technology transfer, and analytical testing of new battery materials, including sodium-ion materials, lithium-supplementing cathode materials, and solid-state electrolyte materials.
Looking ahead, the Dunkirk Institute in France will bring together battery material experts from France, China, and other countries. It will focus on the research and testing of next-generation NCM materials and is committed to providing advanced material solutions for European customers, while collaborating with European institutes and universities on the development of advanced materials.
Major Honors and Awards
XTC New Energy has received numerous prestigious honors.
2019
National Engineering Research Center for Advanced Energy Storage Materials
2019
National Harmonious Labor Relations Enterprise
2021
National “Specialized and Innovative” Enterprise in 2021
2022
Leading Enterprise in Advanced Manufacturing in Xiamen
N° 2
Among the Top 100 Strategic Emerging Industry Companies in Fujian Province in 2023