After in-depth negotiations and friendly consultations in the early stage, on December 8th, the signing ceremony Zhongyin Cashmere Co., Ltd. and Henan Wanguan Industrial Co., Ltd. was held in Lingbao.

Since Henan Wanguan Industrial Co., Ltd. settled in Lingbao in October 2018, it has successively built calcination workshops, graphitization workshops, and 5G intelligent control centers, which is one of the few whole industry chain special graphite processing enterprises with a production capacity of 30,000 tons in China. Its products are widely used in lithium batteries, photovoltaics, aerospace and other industries, which are one of the irreplaceable important resources for strategic emerging industries. In August 2021, mass production of the ultra-long and ultra-fine-grained isostatic graphite was achieved by this company, and at the end of 2021, mass production of the ultra-large-diameter isostatic graphite was successfully achieved.

 Zhongyin Cashmere is a company listed on the main board of the Shenzhen Stock Exchange with a market value of nearly 10 billion yuan, which has strong capital strength and rich experience in industrial operations. It has established the dual-main business development strategy of “cashmere plus industrial investment” in recent years. In March 2021, it entered the new energy industry from the new energy lithium battery material as an entry point, and implemented the investment, production and operation of the positive and negative electrode projects of the new energy lithium battery.

This time, the combination of Zhongyin Cashmere’s advantages in capital, management and talents and Wanguan Industrial’s advantages in special carbon production capacity and technology research and development will greatly enhance the influence and competitiveness of these two companies in the new energy industry and the special graphite industry.

At the signing ceremony, the Lingbao municipal Party committee and the municipal government expressed the hope that Zhongyin Cashmere would take Lingbao as a strategic focus for future development, and invest more resources in funds, teams, technologies, etc. in Lingbao. Lingbao will always adhere to the aim of “thinking for investors, helping investors make profits, and promoting investors’ success”, and will continue to support the development of enterprises and create a better future together.