Jiecheng New Energy

Established in 2012, Shenzhen Jiecheng New Energy Technology Co., Ltd. operates as a pivotal player in the new energy vehicle sector, specializing in the comprehensive utilization and recycling of retired power batteries. The company is headquartered in Shenzhen, China, and has strategically expanded its industrial presence with facilities in Jiangmen, Jiangsu, and Huizhou, creating a robust network centered around its Shenzhen headquarters. Jiecheng New Energy has successfully established an integrated industrial chain that encompasses the entire lifecycle of battery recycling, including collection, storage, transportation, cascade utilization, dismantling, and chemical metallurgy.

The company's business model is built on creating a closed-loop system for lithium battery materials. It procures decommissioned batteries and related waste, extending their life cycle through cascade utilization in less demanding applications or processing them to regenerate valuable materials. This process involves advanced techniques like green efficient crushing, dismantling, and wet metallurgy to produce recycled materials such as lithium, nickel, and cobalt powders, which are then supplied back to battery and automotive manufacturers. Jiecheng New Energy serves a distinguished client base that includes major players in the consumer electronics, battery manufacturing, and automotive industries, such as BYD, EVE Energy, and Sunwoda. Revenue is generated through the sale of these recycled materials and cascade utilization products.

Since its inception, Jiecheng New Energy has achieved significant milestones, including the mass production of its first-generation harmless products in 2015 and the establishment of an R&D and testing center in 2018. The company has secured substantial funding to fuel its growth, including a Series A round of over 100 million CNY in July 2022 and a Series B round for hundreds of millions of CNY in March 2023, with investments from notable firms like Shenzhen Venture Capital. These funds are directed towards expanding battery recycling channels, technology development, and increasing production capacity. The company, led by Chairman Zheng Weipeng, holds numerous patents for its technologies and has an annual integrated treatment capacity of 340,000 tons.

Keywords: battery recycling, lithium battery, new energy vehicles, cascade utilization, circular economy, power battery recycling, battery materials, resource regeneration, e-waste management, green technology, sustainable materials, cobalt recycling, nickel recycling, battery supply chain, Shenzhen, chemical metallurgy, retired power batteries, EV battery, clean energy, industrial recycling