Dynanonic

About Dynanonic

Shenzhen Dynanonic Co., Ltd. (SZSE:300769) is a publicly traded company specializing in the research, development, production, and sale of core materials for lithium-ion batteries. Founded in January 2007 and headquartered in Shenzhen, China, the company has established itself as a key supplier in the rapidly expanding new energy sector. Dynanonic went public on the Shenzhen Stock Exchange on April 15, 2019. The company's legal representative is Lingyong Kong.

Dynanonic's business is centered on providing advanced cathode materials, which are crucial components for power batteries used in electric vehicles (EVs) and for energy storage systems. Its primary clients are major lithium-ion battery manufacturers, including industry leaders like Contemporary Amperex Technology (CATL) and BYD Company Limited. The company generates revenue through the direct sale and export of its specialized nano-material products. The company's offerings include nano lithium iron phosphate (LFP), lithium manganese iron phosphate (LMFP), and lithium supplement enhancers. These materials are developed using nanotechnology, and the company holds independent intellectual property rights for its core technologies, with a portfolio of over 100 patents.

The company's core products, LFP and LMFP, are positioned to meet different market needs. LFP is recognized for its safety and cost-effectiveness, while LMFP, an evolution of LFP, offers a 15-20% higher energy density by incorporating manganese, addressing the demand for longer-range EVs. Dynanonic has achieved significant production scale, reporting a production of 213,400 metric tons of LFP/LMFP in 2023 with an annual nameplate capacity of 455,000 metric tons by year-end. A notable milestone was the commissioning of the world's first 110,000 metric ton per year LMFP project in Qujing, Yunnan, in September 2022. Looking to expand its global footprint, Dynanonic entered a joint venture with ICL Group in January 2025 to establish a €285 million LFP cathode active material production facility in Spain, targeting the European battery market.