In the wave of rapid development of the new energy industry, another lithium battery material enterprise has pressed the "acceleration key" to expand production. On December 16, 2025, Zhongke Electric announced that it had signed an investment agreement with the Luzhou Yangtze River Economic Development Zone Management Committee to invest in the construction of an integrated project with an annual output of 300000 tons of lithium-ion battery negative electrode materials in Luzhou Economic Development Zone, Sichuan Province. The total planned investment for the project is approximately 7 billion yuan. This significant investment not only demonstrates Zhongke Electric's ambition in the field of lithium battery negative electrode materials, but also reflects the vigorous vitality of China's new energy industry chain.  

Built in two phases with a total investment of 7 billion yuan

According to the announcement, the project will be implemented in two phases. Among them, the first phase of the project aims to build an integrated production base for lithium-ion battery negative electrode materials with an annual output of 200000 tons, with a planned investment of approximately 4.7 billion yuan; The second phase project aims to build an integrated production base for lithium-ion battery negative electrode materials with an annual output of 100000 tons, with a planned investment of approximately 2.3 billion yuan. For the convenience of project construction and operation management, Zhongke Electric plans to relocate its subsidiary Sichuan Zhongke Xingcheng Graphite Co., Ltd. to be responsible for the specific implementation of the project, with a planned registered capital of no less than RMB 100 million.  

Zhongke Electric stated that this investment project is an important component of the company's production capacity layout, which is conducive to expanding the scale of the company's lithium battery negative electrode business, meeting the growing market demand for lithium battery negative electrodes, and enhancing the company's comprehensive competitiveness. At the same time, it is beneficial to increase the market share of the company's negative electrode material products, obtain economies of scale, comply with the company's development strategy and long-term plan, and help the company actively respond to market competition in the new energy lithium-ion battery industry and adapt to the needs of rapid industry development.  

Zhongke Xingcheng ranks third in China

With rich technological accumulation, customer channel resources, strong research and development capabilities, and engineering application capabilities, Zhongke Xingcheng, a subsidiary of Zhongke Electric, has been listed on the 2025 China Lithium Battery Industry Negative Electrode Material Annual Competitiveness Brand List, ranking third. According to the data, Zhongke Xingcheng was acquired by Zhongke Electric in 2017 and entered a period of rapid development thereafter. The company's main products include artificial graphite, natural graphite negative electrode materials, as well as new negative electrode materials such as silicon carbon, silicon oxygen, soft carbon, and hard carbon. Domestic production bases include Changsha in Hunan, Tongren in Guizhou, Gui'an in Guizhou (Ningde Times joint venture), Qujing in Yunnan (EVE Energy joint venture), Ya'an in Sichuan, and the world's largest negative electrode material production base overseas in Oman. As of the first half of 2025, the company has an effective production capacity of 299000 tons of graphite negative electrodes, with a construction capacity of 57600 tons, and plans to add overseas Oman projects.

Our company's clients include CATL, BYD, Zhongchuang Chuanghang, EVE Energy, Ruipu Lanjun, and Honeycomb Energy ATL、LGES、SK On、 Samsung SDI and other well-known domestic and foreign lithium battery companies. In 2024, the company shipped 226000 tons of negative electrode materials; In the first half of 2025, the company's shipment of negative electrode materials was 157000 tons, a year-on-year increase of 70.5%.  

In terms of sodium batteries, Zhongke Electric's negative electrode material business has achieved mass production of hard carbon negative electrode materials required for sodium ion batteries and supplied them to customers such as CATL. Keywords: New Energy News

China's negative electrode materials account for over 95% of the global market share

According to the "White Paper on the Development of China's Lithium ion Battery Negative Electrode Material Industry (2025)" jointly released by research institutions EVTank and Ive Economic Research Institute and China Battery Industry Research Institute, the global shipment of negative electrode materials reached 2.206 million tons in 2024, a year-on-year increase of 21.3%. Among them, the shipment of negative electrode materials in China reached 2.115 million tons, and the global proportion further increased to 95.9%. The data shows that the threshold for the top ten companies in terms of negative electrode material shipments in 2024 has risen to 60000 tons. Among them, Zhongke Xingcheng has risen from fourth place in 2023 to third place in 2024. In the first half of 2025, Zhongke Xingcheng also ranked third with a shipment volume of 157000 tons. This data fully reflects the dominant position of Chinese enterprises in the global lithium battery negative electrode material market, and also confirms the foresight of Zhongke Electric's expansion decision this time.  Editor/Yang Meiling