Shanshan to invest 5.1 billion yuan in 150,000-ton anode material base in Inner Mongolia
Shanshan Co., Ltd. announced on September 22 a planned investment of approximately 5.106 billion yuan to build a 150,000-ton-per-year lithium battery anode material integrated production base in Qingshan District, Baotou, Inner Mongolia. The project, to be constructed by subsidiary Inner Mongolia Shanshan Technology Co., Ltd., includes fixed asset investment of about 4.318 billion yuan and 50,000 tons of graphitization capacity. Construction is scheduled from March 2027 to July 2028. The company cited growing demand from the new energy vehicle and energy storage markets and a widening capacity gap. The investment follows state capital entry, with Anhui Conch Group becoming Shanshan's indirect controlling shareholder in August 2026.
IllustrationEditorial responsibility
- No named human review is recorded for this page.
- Reports are grouped by semantic similarity and deterministic rules. Language models may assist titles, summaries, translation and cross-source analysis; the page reads the event directly, while its address stays stable when the title changes.
- Summary covers the current reports
Cross-source coverage
Reporting timeline
Shanshan to Invest 5.1 Billion Yuan in 150,000-Ton Anode Material Project in Inner Mongolia
Shanshan Co., Ltd. (600884) announced on September 22 that it plans to invest approximately 5.106 billion yuan to build a new 150,000-ton-per-year lithium battery anode material integrated production base in Qingshan District, Baotou, Inner Mongolia. The project, to be constructed by subsidiary Inner Mongolia Shanshan Technology Co., Ltd., includes fixed asset investment of about 4.318 billion yuan. It will also include an additional 50,000 tons of graphitization capacity to fill a gap at its Jiuyuan plant. The construction period is 17 months, with a planned start in March 2027 and completion in July 2028. The company stated that the investment is driven by rapidly growing demand from the global new energy vehicle and energy storage markets, and a widening capacity gap. It is a key initiative following state capital entry, supporting the company's 15th Five-Year Plan. The new base will coordinate with existing Qingshan and Jiuyuan plants to meet core customer orders and strengthen Shanshan's competitiveness in the lithium battery anode industry.
Read sourceConch Group Takes Control; Shanshan Invests $5.1B in Battery Anode Materials
Shanshan Co., Ltd. announced on September 22 that it plans to invest approximately 51.06 billion yuan ($7.1 billion) to build a 150,000-ton-per-year lithium-ion battery anode material integrated base project in Baotou, Inner Mongolia, through its subsidiary Inner Mongolia Shanshan Technology Co., Ltd. The project, with a construction period from March 2027 to July 2028, aims to consolidate Shanshan's position as the global leader in artificial graphite anode materials. It will also reserve flexible production capacity for sodium-ion battery hard carbon anode materials to capture upcoming market opportunities. This investment comes just over a month after Anhui Conch Group Co., Ltd. became Shanshan's indirect controlling shareholder on August 11, following a state-owned enterprise restructuring. Shanshan stated the project leverages state-owned shareholder resources and strategic advantages to seize industry growth opportunities. The company reported strong financial performance in the first half of 2026, with revenue up 23.04% year-on-year to 121.30 billion yuan and net profit surging 296.73% to 8.22 billion yuan, amid rising demand and tight supply in the anode material sector.
Read sourceShanshan to Invest $7 Billion in New Lithium Battery Anode Plant in Inner Mongolia
Shanshan Co., Ltd. (SH600884) announced on September 22 a plan to invest approximately 51.06 billion yuan (about $7 billion) to build a new 150,000-ton-per-year lithium-ion battery anode material integrated base in Qingshan District, Baotou, Inner Mongolia. The project, to be carried out by subsidiary Inner Mongolia Shanshan Technology Co., Ltd., aims to address capacity gaps and ensure customer order fulfillment amid rapidly growing demand from the new energy vehicle and energy storage sectors. Construction is scheduled from March 2027 to July 2028, with 50,000 tons of graphitization capacity included. The company stated this is a key initiative following state-owned capital entry, leveraging state-owned shareholder resources. The investment has been approved by the board and requires shareholder approval and regulatory permits. The company also reported a 296.73% year-on-year increase in net profit for the first half of 2026, reaching 822 million yuan, driven by a 54.92% rise in anode material sales. Shanshan maintains a 21% market share in artificial graphite anodes and a 34% share in large-size LCD polarizers.
Read sourceShow 6 older updatesHide older updates
Shanshan to Invest 5.1 Billion Yuan in New 150,000-Ton Lithium Battery Anode Material Base
Shanshan Co., Ltd. (600884.SH) announced a planned investment of approximately 5.106 billion yuan to build a new 150,000-ton-per-year integrated lithium battery anode material production base in Qingshan District, Baotou City, Inner Mongolia. The company stated that the investment is driven by rapidly growing demand from the global new energy vehicle and energy storage sectors, and a widening capacity gap that needs to be filled to ensure customer order delivery. The project, which includes fixed asset investment of about 4.318 billion yuan, has a construction period of 17 months, with a planned start in March 2027 and completion in July 2028. Shanshan said the project will enhance its anode material production capacity and product delivery capabilities, secure stable supply for core customers, and add supporting graphitization capacity to complete its integrated production layout in northern China. The company expects this to significantly reduce outsourced processing costs, strengthen cost advantages, improve operational efficiency, and consolidate its core competitiveness in the anode material business. The company framed the investment as aligning with national new energy industry development directions and a key measure to implement its '15th Five-Year Plan' and seize industry growth opportunities, aiming to solidify its global leadership in artificial graphite anode materials.
Read sourceShanshan to invest 5.1 billion yuan in new 150,000-ton anode material base
Shanshan Co., Ltd. announced a planned investment of approximately 5.106 billion yuan to build a new integrated base for lithium battery anode materials with an annual production capacity of 150,000 tons. The project will be located in Qingshan District, Baotou City, Inner Mongolia, with a fixed asset investment of about 4.318 billion yuan. Construction is scheduled to begin in March 2027 and be completed by July 2028, spanning 17 months. The company stated that the new base will create capacity synergies with its existing Qingshan and Jiuyuan factories, expand current product flow routes, improve overall operational efficiency, and strengthen integrated cost advantages. The products will focus on power batteries, new energy storage, consumer electronics, and high-end overseas markets. Shanshan noted that long-term supply framework agreements with leading domestic and international battery companies will lock in core sales volumes, ensuring reliable production-to-sales ratios after the project becomes operational.
Read sourceShanshan to Invest $7.1 Billion in New Lithium Battery Anode Material Base in Baotou
On September 22, Chinese lithium battery materials producer Shanshan Co., Ltd. announced plans to build a new integrated production base for lithium battery anode materials with an annual capacity of 150,000 metric tons in Qingshan District, Baotou City, Inner Mongolia. The total investment is approximately 5.106 billion yuan (about $7.1 billion), including fixed asset investment of about 4.318 billion yuan. Construction is scheduled to begin in March 2027 and complete by July 2028, with a 17-month construction period. The company stated that the new facility will create capacity synergies with its existing Qingshan and Jiuyuan plants, expand current product flow routes, improve overall operational efficiency, and strengthen integrated cost advantages. The project's products will focus on power batteries, new energy storage, consumer electronics, and overseas high-end applications. Shanshan noted that it can leverage long-term supply framework agreements with leading domestic and international battery companies to lock in core sales volumes, ensuring reliable production and sales rates after commissioning.
Shanshan to Invest 5.1 Billion Yuan in New 150,000-Ton Lithium Battery Anode Material Base
Shanshan Co., Ltd. announced on September 22 via a filing that it plans to build a new integrated base for 150,000 tons per year of lithium battery anode materials in Qingshan District, Baotou, Inner Mongolia. The total investment is approximately 5.106 billion yuan, with fixed-asset investment of about 4.318 billion yuan. The construction period is 17 months, with a planned start in March 2027 and completion in July 2028. According to the company, the new base will create capacity synergies with its existing Qingshan and Jiuyuan plants, expand current product flow routes, improve overall operational efficiency, and strengthen integrated cost advantages. The project's products will focus on power batteries, new energy storage, consumer electronics, and high-end overseas products. Shanshan stated that it can lock in core sales volumes through long-term supply framework agreements with leading domestic and international battery companies, ensuring reliable production and sales rates after the project is operational.
Read sourceShanshan to Invest 5.1 Billion Yuan in New Anode Material Base After State-Owned Entry
Shanshan Co., Ltd. announced a planned investment of approximately 5.106 billion yuan to build a 150,000-ton-per-year lithium-ion battery anode material integrated base in Baotou, Inner Mongolia. The project, to be carried out by subsidiary Inner Mongolia Shanshan Technology Co., Ltd., includes 50,000 tons of graphitization capacity to fill a gap at its Jiuyuan plant. Construction is scheduled from March 2027 to July 2028. The investment, funded by self-raised and自有资金, has been approved by the board and requires shareholder approval and government permits. The local government will support the project as a key provincial-level project. Risks include construction delays, cost overruns, and financing pressure. Separately, Shanshan reported a 296.73% surge in net profit to 822 million yuan for the first half of 2026, driven by a 54.92% increase in anode material sales, maintaining a 21% market share in artificial graphite. In July 2026, Conch Group and Wanwei Group completed a board and management reshuffle, marking the company's transition to state-owned leadership.
Read sourceShanshan Plans 5.1 Billion Yuan for 150,000-Ton Lithium Battery Anode Project After State Capital Takeover
Shanshan Co., Ltd. announced a 5.1 billion yuan investment to build a 150,000-ton lithium battery anode material integrated project in Baotou, Inner Mongolia. The company stated this is a key measure to accelerate project implementation after state capital entered, aligning with its '15th Five-Year Plan' development strategy. In July 2026, Shanshan's largest shareholder, Wanwei Group, completed a board reshuffle, making Wanwei the controlling shareholder and the Anhui Provincial State-owned Assets Supervision and Administration Commission the actual controller. The company cited rapidly growing global demand for new energy vehicle lithium battery anode materials and a widening capacity gap that requires new integrated bases to ensure customer order delivery. The project will coordinate with existing plants in Qingshan and Jiuyuan to better match core customer orders and strengthen competitiveness. Shanshan, originally a garment business, transitioned to lithium battery materials in 1999 and became China's first industrialized anode material producer. In the first half of 2026, revenue reached 12.13 billion yuan, up 23.04% year-on-year, with net profit surging 296.73% to 822 million yuan. The new capacity will reduce outsourcing costs and enhance cost advantages.
Read source