Hunan Corun New Energy Co., Ltd.

Company Profile



No. 348, Tongzipo West Road, Yuelu District, Changsha, Hunan, 410205, China

Business Overview

-The company is mainly engaged in R&D, design, production and sales of energy-saving technologies, power batteries, and drive systems for new energy vehicles.

-In the global nickel-hydrogen battery market, the company ranked third (including the acquisition of Shonan, Japan). The first and second are PEVE (Primearth EV Energy Co., Ltd.) and Panasonic (including the acquisition of Japanese Sanyo).

-The Company’s subsidiaries,Changde Lyrun Material Co., Ltd. and Hunan Copower EV Battery Co.,Ltd., are exclusive suppliers of nickel foam materials and anode/cathode plate materials to Toyota in China. These materials are used in power batteries mounted on hybrid electric vehicles.

-The Company is the only manufacturer to produce foamed nickel for power batteries in China. Its domestic market share is 100%.


-Listed on Shanghai Stock Exchange (As of Dec.31, 2019)
Major Shareholders Share ratio (%)
Hunan Corun New Energy Co., Ltd. 15.00
Geely Group Company Limited 11.10
Zhong Faping 6.15
Others 67.75
Total 100.00



-Nickel foaming
-Ball nickel
-Alloy powder
-Steel strips
-Positive films
-Negative films
-Single batteries
-Battery modules
-NiMH batteries
-Nickel-zinc batteries
-Power batteries
-Power battery packs
-Oil cooled battery packs

Hybird powertrain system

-HT: Hybrid transmissions
-EMS: Engine management systems
-Oil pump control units
-BMS: Battery management systems
-PEU: Power electronics units
-HCU: Hybrid control units


1998 Changsha Liyuan New Material Co.,Ltd. (former) was established.
Sep. 2003 Changsha Liyuan New Material Co.,Ltd. listed on the Shanghai Stock Exchange.
Jan. 2008 Changsha Liyuan New Material Co.,Ltd. completed the shareholding system reform, and changed name to Hunan Corun New Energy Co.,Ltd.
Nov. 2009 National Engineering Research Center of Advanced Energy Storage Materials Co.,Ltd. was formlly approved by the National Development and Reform Commission.
Jan. 2011 Accquired a wholly owned subsidiary of Panasonic battery power company - Shonan factory.
Oct. 2013 The Changshan Plant started automatic production of Ni-MH automotive batteries.
Oct. 2014 Established a joint venture Corun Hybrid Technology Co.,Ltd. with Geely. 
Aug. 2014 Established a joint venture Corun Peve Automotive Battery Co.,Ltd. with PEVE and Toyota.
Sep. 2016 The Changshu Plant formally put into operation.
Sep. 2016 Signed an investment agreement with Geely, Chang'an and Yunnei Power, to build the CHS platform.
Dec. 2016 CHS system products were released.
Sep. 2017 The Foshan Hybrid Powertrain Industrial Plant started production.
Oct. 2018 The Company acquired a stake of 36.97% in Corun Hybrid Technology Co., Ltd. (CHS) from Geely Group and Shanghai Maple Automobile Co., Ltd (SMA) .
Aug. 2019

Construction of production plant to manufacture automotive batteries and core materialsbegan in Foshan. The Company led in financing the project.

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