Shanshan to invest 5.1 billion yuan in 150,000-ton lithium battery anode base in Baotou
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-ion battery anode material integrated base in Baotou, Inner Mongolia. The project, with a 17-month construction period from March 2027 to July 2028, aims to address the company's graphitization capacity gap and reduce outsourcing costs. This is the first major investment since Anhui state-owned capital took control of Shanshan in August 2026.
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Shanshan to Invest 5.1 Billion Yuan in Lithium Battery Anode Materials After State-Owned Takeover
Shanshan Co., Ltd. announced on September 22 that it plans to invest approximately 5.106 billion yuan (about 51.06 billion yuan) 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 add 50,000 tons of graphitization capacity to fill a production gap at its Jiuyuan plant and includes a flexible interface for sodium-ion battery hard carbon anode production. This investment comes just over a month after Anhui Conch Group became Shanshan's indirect controlling shareholder on August 11, following a state-owned enterprise restructuring. The company stated the project leverages state-owned shareholder resources to seize industry opportunities amid growing demand and tight supply for high-quality anode materials. In the first half of 2026, Shanshan's revenue rose 23.04% to 12.13 billion yuan, with net profit surging 296.73% to 822 million yuan.
Read sourceShanshan to Invest 5.1 Billion Yuan in Anode Base; Sector Expansion Nears 10 Billion in Two Days
Shanshan Co., Ltd. (600884.SH) announced plans to invest approximately 5.106 billion yuan to build a 150,000-ton-per-year lithium-ion battery anode material integrated base in Qingshan District, Baotou, Inner Mongolia. The project, set to start construction in March 2027 and complete by July 2028, aims to address the company's graphitization capacity gap and reduce outsourcing costs, strengthening its cost and scale advantages as the global leader in artificial graphite anodes. This is the first major investment since Anhui state-owned capital took control of Shanshan. The announcement follows similar moves by Keda Manufacturing (600499.SH) investing about 4.5 billion yuan in a 500,000-ton anode project and Zhongke Electric (300035.SZ) advancing a 300,000-ton project. The article notes a polarized industry landscape, with some firms expanding while others, like Zhongke Electric and Tiantie Technology, have halted projects due to financial pressure. Shanshan acknowledges risks including potential demand shortfalls and price declines. The company reported strong 2026 first-half results, with revenue up 23% and net profit up 297% year-on-year.
Read sourceShanshan to Invest 5.1 Billion Yuan in 150,000-Ton Lithium Battery Anode Material Base
Shanghai-listed Shanshan Co., Ltd. announced an investment of approximately 5.106 billion yuan (4.318 billion yuan in fixed assets) to build a new 150,000-ton-per-year lithium-ion battery anode material integrated production base in Qingshan District, Baotou City, Inner Mongolia. The project has a construction period of 17 months, scheduled to start in March 2027 and complete in July 2028. The company stated that the investment will effectively increase its anode material production capacity and product delivery capability, ensuring stable supply to core customers. The new supporting graphitization capacity will fill the process gap between the existing Qingshan finished product lines and the Jiuyuan graphitization capacity, improving the integrated production layout in the northern region. This is expected to significantly reduce outsourced processing costs, strengthen cost advantages, enhance overall operational efficiency, and consolidate the company's core competitiveness in the anode material business.
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Shanshan to Invest 5.1 Billion Yuan in 150,000-Ton Lithium Battery Anode Material Base
Shanshan Co., Ltd. (600884.SH) announced on September 22 that it plans to invest approximately 5.106 billion yuan to build a 150,000-ton-per-year lithium-ion battery anode material integrated base project in Inner Mongolia. The project, to be carried out by its subsidiary Inner Mongolia Shanshan Technology, includes fixed asset investment of about 4.318 billion yuan. Construction is scheduled to start in March 2027 and be completed by July 2028, with a construction period of 17 months. Once completed, the project will add 150,000 tons of anode material integrated production capacity and 50,000 tons of graphitization capacity. The investment still requires approval from the company's shareholders' meeting and must obtain environmental impact assessment and energy efficiency evaluation approvals.
Read sourceShanshan Plans 5.1 Billion Yuan for Anode Base; Two-Day Industry Expansion Nears 10 Billion
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-ion battery anode material integrated base in Baotou, Inner Mongolia. The project, with a 17-month construction period from March 2027 to July 2028, aims to address the company's graphiteization capacity gap and reduce outsourcing costs, strengthening its cost and scale advantages as a global leader in artificial graphite anodes. The investment is the first major move since state-owned assets from Anhui took control of Shanshan, intended to accelerate key project implementation under the company's 15th Five-Year Plan. The announcement follows a similar 4.5 billion yuan investment by Keda Manufacturing for a 500,000-ton graphite anode project in Baotou, and a 2.4 billion yuan fundraising by Sinosteel Electric for a 300,000-ton anode project in Sichuan. Industry data from GGII shows domestic anode material shipments reached 1.91 million tons in the first half of 2026, up 48% year-on-year, with capacity utilization rising above 80% for top firms. Shanshan noted risks including potential demand shortfalls, intensified competition, and price declines.
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