Dongguan Pengjin Machinery Technology
High-efficiency NMP recovery equipment with international standards, NMP absorption tower, NMP rectification scheme, heat energy feedback system, complete NMP circulation scheme.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | CNY20.0m | Late VC | |
| Total Funding | 000k | ||
Established in 2011, Dongguan Pengjin Machinery Technology Co., Ltd. operates as a high-tech enterprise focused on providing intelligent manufacturing solutions for the new energy and circular economy sectors. The company's legal representative is Tan Junhua. Pengjin Technology has established a significant operational footprint with production bases in Dongguan, Huizhou, and Jiaxing in China, complemented by international subsidiaries and offices in Malaysia, Hong Kong, India, Thailand, and South Korea. In May 2024, the company completed a Series B financing round, securing approximately 100 million yuan, and is actively preparing for an initial public offering (IPO).
The firm specializes in developing and manufacturing equipment for the battery production industry, serving clients in the electric vehicle (EV), energy storage systems (ESS), and consumer electronics markets. Its business model revolves around providing comprehensive, turnkey solutions for battery manufacturing lines, including intelligent and digital factory setups. Revenue is generated from the sale of machinery and technical services. The company serves a high-profile clientele that includes major players like BYD, CATL, Samsung SDI, and SK ON.
Pengjin Technology's product portfolio is extensive, covering key stages of battery production. Core offerings include high-precision coating machines, which are central to electrode manufacturing, and NMP (N-methyl-2-pyrrolidone) recovery and distillation systems that support a circular economy by recycling solvents used in the process. The company also provides rolling and slitting machines, automated battery module PACK assembly lines, and integrated coating and recovery all-in-one machines. These solutions are designed for various battery types, including lithium-ion, sodium-ion, and solid-state batteries. Holding over 100 patents, with 13 for inventions, the company dedicates a significant portion of its workforce, around 40% of its nearly 500 employees, to research and development.
Keywords: battery manufacturing equipment, intelligent manufacturing, new energy, circular economy, NMP recovery system, lithium-ion battery, coating machine, battery module PACK line, turnkey solutions, digital factory solutions, sodium-ion battery, solid-state battery, electrode manufacturing, solvent recycling, automation technology, energy storage systems, EV battery, battery production line, equipment supplier, high-tech enterprise