Producer
Shanshan Corporation (Ningbo Shanshan)
Shanshan Corporation (Ningbo; SSE: 600884) is one of China's oldest and largest battery anode material producers, founded in 1992 as the first commercial synthetic graphite anode manufacturer in China. Shanshan was formerly the world's #1 anode producer before BTR overtook it by volume. Shanshan's anode division (Ningbo Shanshan Co.) operates under the Shanshan Group holding structure. Synthetic graphite anode is produced at Shanshan's Changsha (Hunan), Baotou (Inner Mongolia), and Ningbo facilities. Shanshan is also a significant cathode material producer (NMC). Estimated ~18% global synthetic graphite anode market share in 2023. Major customers: CATL, Panasonic, AESC.
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Battery Anode Materials
55%Cathode Materials
25%Fashion & Consumer (Parent Group)
15%Other New Materials & Specialty
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Did you know2024
Shanshan Corporation is one of China's major battery anode material producers — tracking it in the EV/battery supply chain is standard. But the same corporate entity (Shanshan Holdings) is also the operator of China's "Shanshan" menswear brand — a household name in Chinese men's fashion known for business suits. The Chinese clothing brand and the global battery materials supplier operate under one corporate roof, with fashion retail revenue subsidizing advanced materials R&D and vice versa. Supply chain analysts mapping Chinese battery materials suppliers and fashion/retail analysts tracking Chinese apparel brands are both looking at partial views of the same diversified company.
Shanshan Corporation ↗Origin2023
Shanshan Corporation started in Ningbo in the late 1980s as a garment manufacturer — "Shanshan" was (and remains) one of China's most recognized menswear brands. In 1992, Shanshan's management diversified into battery anode materials, recognizing that China's first lithium-ion battery industry would need domestic suppliers of synthetic graphite. The diversification from garments into advanced battery chemistry is one of the more striking pivots in Chinese corporate history: the suit company became the first commercial synthetic graphite anode manufacturer in China and was later the world's #1 anode producer before being overtaken by BTR.
Shanshan Corporation ↗