Ruilong Technology
A company offering battery recycling services to respond to large-scale industrial utilization
About Ruilong Technology
Established in 2016, Ruilong Technology has positioned itself as a key enterprise in the battery recycling sector from its headquarters in Ganzhou, China. The company's core mission is to advance the large-scale industrial utilization of decommissioned automotive power and digital batteries through integrated recycling services.
Ruilong Technology operates a comprehensive business model that includes the design, engineering, and supply of equipment, alongside providing technical services for battery recycling projects. The firm's operations are substantial, with four factories in Jiangxi Province enabling an annual processing capacity of 100,000 tons of waste batteries. Through its proprietary processes, the company recovers valuable battery-grade materials. Its production output includes significant quantities of lithium carbonate, cobalt sulfate, and nickel sulfate annually. This dual focus on service provision and material production allows it to serve the broader new energy industry.
The company's primary service involves a sophisticated hydrometallurgy and electrified crushing technology. This process is designed for the efficient dismantling and recycling of waste batteries, aiming for high recovery rates of essential elements like cobalt, nickel, and lithium while maintaining low operational costs. The business generates revenue through the sale of these recycled battery-grade materials and by providing its specialized recycling systems and technical packages to clients in the environmental services and clean-tech industries.
Strategic investments from notable venture capital firms, including Xiaomi Ventures, Midea Capital, and NIO Capital, underscore the market's confidence in Ruilong's approach and technological capabilities. These partnerships provide the financial backing for its continued expansion and process optimization within the critical field of sustainable energy resources.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- China
- Open positions
- None listed
- Dealroom signal
- 19.3/100
- Industry
- Energy
- Sub-industry
- Energy Storage, Waste Solution
- Sector
- Energy, Sustainable Development Goals, EV Battery Recycling, EV Battery, Climate Tech, Circular Economy, Hard Tech
- Business model
- Manufacturing
- Client focus
- b2b
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Jan 2023 | $28M | $110M | Midea Capital · Hanhui Capital · Industry Capital · Weilai Capital | ↗ |
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
- WCWeilai Capital
- MCMidea Capital
- HCHanhui Capital
- ICIndustry Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Ruilong Technology on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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