Shengxin Lithium Energy (002240.SZ) plans to introduce China Innovation Airlines and Huayou Holding Group as strategic investors to raise no more than 3.2 billion yuan

According to the Zhitong Finance App, Shengxin Lithium Energy (002240.SZ) announced that the company plans to introduce China Innovation Airlines and Huayou Holding Group as strategic investors by issuing A-shares to specific targets. China Innovation Airlines and Huayou Holding Group are both leading companies in China's lithium battery industry chain. The total amount of capital raised in this offering (including issuance fees) does not exceed 3.2 billion yuan. After deducting issuance fees, the total amount of capital raised will be used to supplement working capital and repay debts.

China Innovation Aviation is a new energy high-tech enterprise specializing in the development, production, sales and market application development of lithium batteries, battery management systems and related integrated products and lithium battery materials. It has built a comprehensive energy operation system with continuous leading technological innovation capabilities and large-scale intelligent manufacturing capabilities to provide complete product solutions and full life cycle management for the new energy application market represented by power and energy storage. According to the latest statistics from SNE Research, China Airlines's power battery load in 2024 increased 16.6% year-on-year, ranking fourth in the world and third in China in terms of loading volume, making it a leading power battery company. According to InfoLink data, China Airlines ranked fifth in the world in terms of energy storage cell shipments in 2024.

After more than 20 years of development, Huayou Holding Group has become a large-scale investment group with many controlled shareholding companies such as Huayou Cobalt (603799.SH), Anhui Huayou Innovative Materials Co., Ltd., and Zhejiang Youshan New Material Technology Co., Ltd. Its products mainly revolve around the lithium battery materials industry, involving the integrated industrial chain of new energy lithium battery materials such as cobalt-nickel resource development, non-ferrous metallurgy, battery materials, recycling, etc., and related investment businesses. Among them, Huayou Cobalt, a holding subsidiary of Huayou Holding Group, is one of the main suppliers of lithium battery cathode materials and ternary precursor products in the world, and its production and sales scale and technical development capabilities are at the forefront of the industry; Zhejiang Youshan New Material Technology Co., Ltd., a wholly-owned subsidiary of Huayou Holding Group, had the top five lithium iron phosphate market share in the industry in 2024, with product output exceeding 140,000 tons. In the first half of 2025, Youshan Technology's lithium iron phosphate market share ranked among the top three in the industry.

This release will help the company further deepen industrial chain cooperation and collaboration with leading downstream customers, and accelerate the achievement of the strategic goal of “Committed to becoming a leading global lithium battery new energy materials company”.