Hunan Corun New Energy Co., Ltd.
-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|
-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) .|
Construction of production plant to manufacture automotive batteries and core materialsbegan in Foshan. The Company led in financing the project.