Hunan Zhongke Electric Co., Ltd. Advances Lithium‑Battery Negative‑Electrode Business
Hunan Zhongke Electric Co., Ltd. (stock code 300035) disclosed a series of developments concerning its lithium‑battery negative‑electrode segment on 5 September 2025. The company confirmed that its negative‑electrode products have entered batch production for several customers, highlighted a key partnership with Guoxuan High‑Tech, and announced progress in its silicon‑based negative‑electrode line.
Batch Deployment of Negative‑Electrode Products
During a routine investor‑relations session, the company reported that its lithium‑battery negative‑electrode products are already in large‑scale use in multiple client projects. While specific project details are withheld as commercial secrets, the statement signals that the company’s core product line has moved beyond pilot stages and is now a proven component in the battery supply chain.
Collaboration with Guoxuan High‑Tech
In response to a query regarding client relationships, Hunan Zhongke confirmed that Guoxuan High‑Tech (stock code 002074) is an active customer of its negative‑electrode business. This partnership underscores the company’s penetration into the broader lithium‑battery market, where Guoxuan High‑Tech is a significant player in battery cell manufacturing.
Silicon‑Based Negative‑Electrode Development
The company also addressed a technical inquiry about its silicon‑based negative‑electrode technology. It explained that investment continues in this area, with a pilot production line already established. The technology, which combines silicon and carbon for use in solid‑state batteries, offers a theoretical specific capacity of 4,200 mAh g⁻¹—far surpassing the 372 mAh g⁻¹ of conventional graphite. Although the technology has not yet reached commercial scale, the company indicated that several customers are evaluating its performance, and the energy density advantage is already apparent in early test phases.
Financial and Market Context
On 3 September 2025, the Shí mò diàn jí (graphite electrode) concept sector experienced modest gains, with Hunan Zhongke among the top performers. The stock closed at 22.54 CNY, reflecting a 6.21 % rise that day. Institutional investors contributed 218 million CNY in net inflows, the largest among concept‑sector constituents. These movements suggest that market participants are taking notice of the company’s expansion into lithium‑battery materials, a sector that has attracted growing capital interest amid global electrification trends.
The company’s market capitalization stands at approximately 15.45 billion CNY, and its price‑earnings ratio is 37.46, indicating that investors are valuing future growth prospects associated with the battery materials business.
Strategic Implications
The simultaneous announcements of batch deployment, a key client relationship, and silicon‑based technology readiness reinforce Hunan Zhongke’s positioning as a versatile supplier in the industrial machinery and battery materials space. By diversifying its product portfolio to include high‑capacity, solid‑state‑compatible negative electrodes, the company is aligning itself with the industry’s shift toward higher‑energy‑density batteries, which are critical for electric vehicles, grid storage, and other high‑performance applications.
Moreover, the confirmation of Guoxuan High‑Tech as a customer enhances the company’s credibility, potentially opening avenues for further collaborations or joint development projects. The pilot production line for silicon‑based electrodes signals an intent to scale up production, which could provide a competitive edge if the technology delivers on its promised performance gains.
In sum, the latest disclosures highlight a phase of tangible progress for Hunan Zhongke Electric in the lithium‑battery negative‑electrode market, positioning the firm for deeper integration into the rapidly evolving energy storage ecosystem.