Ningxia Pengcheng New Materials Co., Ltd was established in February 2021 with a registered capital of 100 million yuan. The project is located to the east of the Baolan Railway, to the south of Huayi Avenue and to the west of Xingyuan Road in Shizuishan Economic Development Zone, covering an area of over 600 mu. The planned total investment is 2.677 billion yuan, which can provide more than 800 job opportunities.
The company's main products include 2* 30,000 tons/year of monocyanamide, 10,000 tons/year of creatine monohydrate, 5,000 tons/year of aminoguanidine carbonate, 1,000 tons/year of guanidine thiocyanate, 40,000 tons/year of lithium battery carbon black, 2,000 tons/year of lithium fluoride, 10,000 tons/year of lithium hexafluorophosphate, and 80,000 tons/year of lithium battery anode materials. After the entire project is completed and put into operation, it is expected to increase the total industrial output value by 6.6 billion yuan and create profits and taxes of 1.65 billion yuan annually.
The company's products are important new materials for strategic emerging industries such as healthcare, medicine (agriculture), and lithium batteries, featuring low energy consumption and high added value. It is of great significance for promoting the development of China's new energy vehicle, lithium battery energy storage, fine chemical industry and the transformation and upgrading of traditional industries, and will make due contributions to the high-quality development of Shizuishan's economy and society.