The first phase of the production facility for lithium manganese iron phosphate cathode materials, with an annual output of 130,000 tons, built by Ningxia Hengchuang Nanotechnology Co., Ltd., has commenced construction

Thread Content

According to Jiangsu Hengchuang Nano Technology Co., Ltd. (referred to as “Hengchuang Nano”), on March 26, the groundbreaking ceremony for the first phase of its wholly-owned subsidiary, Ningxia Hengchuang Nano Technology Co., Ltd.’s production facility designed to manufacture 130,000 tons per year of lithium manganese iron phosphate cathode materials, was held in the Yinchuan Economic Development Zone in Ningxia. On December 26, 2025, Hengchuang Nano signed an official agreement with Yinchuan Economic Development Zone, and the lithium manganese iron phosphate project, with a total investment of 4.8 billion yuan, was officially launched. The project under construction is divided into two phases. Phase 1 will involve the establishment of a production line capable of manufacturing 30,000 tons per year of lithium manganese iron phosphate battery cathode materials, with completion and operation scheduled for December 2026. Hengchuang Nano stated that lithium manganese iron phosphate is an \"upgraded version\" of lithium iron phosphate, with an energy density that can be increased by 15%-20%. Hengchuang Nano has been deeply involved in this field for many years; from 2023 to 2025, it ranked first in the world in terms of shipments of lithium manganese iron phosphate for three consecutive years. It possesses an original \"solid-liquid two-phase method\" for production, as well as nearly 100 core patents across China, the United States, Europe, Japan, and South Korea. Its products have been successfully integrated into the supply chains of several leading battery manufacturers. According to available information, Hengchuang Nano was established in February 2022; it is a high-tech enterprise of ** level that specializes in the research, development, production, and sales of core materials for new energy batteries. On March 9th, Hengchuang Nano announced that it had recently completed the disbursement of hundreds of millions of yuan from its Series B financing round, with Yinchuan Yucheng Phoenix Science and Technology Innovation Fund as the investor. It is reported that the funds raised in this round by Hengchuang Nano will be primarily used to expand its production capacity in Yinchuan, Ningxia, with plans to build a production line for lithium manganese iron phosphate (LMFP) cathode materials capable of producing 130,000 tons per year (30,000 tons in the first phase). Meanwhile, Hengchuang Nano has also put forward plans to further expand its production capacity at its facility in Yancheng, Jiangsu, and is actively working on securing the financing needed to add 20,000 tons of production capacity.