# Guangdong Jinsheng New Energy Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/guangdong-jinsheng-new-energy-co

- Industry: Environmental Services
- Headquarters: Zhaoqing, China
- Website: www.zqjs.cn
- Total disclosed funding: $15M
- Latest round: Series B (Nov 2, 2022)
- Investors on record: 15

## About

Established in 2010 and based in Zhaoqing, China, Guangdong Jinsheng New Energy Co., Ltd. is a recycling and manufacturing company that focuses on the recovery, recycling and production of lithium batteries. The company is headquartered in Zhaoqing and has an R&D base in Yichun.

The company's main business is the the environmentally sound treatment and resource utilization of lithium batteries. Its products are divided into core products, extended products and other products. Core products include battery grade cobalt sulfate, nickel sulfate, manganese sulfate and lithium carbonate. Extended products include ternary precursors and ternary cathode materials. Other products include solar street light battery, base station backup power, power exchange station and outdoor mobile power. The company's products cover the global ternary precursors, cathode materials and lithium batteries and other industry chain mainstream manufacturers, such as Huayou Cobalt, LG Chem and Panasonic.

## Funding rounds

- Series B, Nov 2, 2022 — Fortune Capital, CoStone Capital, Bosch (China) Investment, China SME Development Fund, Bosera Asset Management, Guangdong Industrial Development Fund, Guotiao Zhanxin Investment Management (Anhui), Shaanxi Automobile Group Co.,Ltd.
- Series B, Aug 12, 2022, $15M — China International Capital Corporation, Fosun RZ Capital, GAC Capital, Publics Venture Capital, China Structural Reform Fund Co., Ltd.
- Series A, Jul 27, 2021 — China International Capital Corporation, Publics Venture Capital, Guangdong Ruoque Investment Management, Wuhan Gaotai Yuntian Investment Management

## Investors

- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series A, Series B
- Publics Venture Capital (https://capitalatlas.ai/funds/publics-venture-capital) — Series A, Series B
- Guangdong Ruoque Investment Management — Series A
- Wuhan Gaotai Yuntian Investment Management (https://capitalatlas.ai/funds/wuhan-gaotai-yuntian-investment-management) — Series A
- Fosun RZ Capital (https://capitalatlas.ai/funds/fosun-rz-capital) — Series B
- GAC Capital (https://capitalatlas.ai/funds/gac-capital) — Series B
- China Structural Reform Fund Co., Ltd. — Series B
- Fortune Capital — Series B
- CoStone Capital (https://capitalatlas.ai/funds/costone-capital) — Series B
- Bosch (China) Investment — Series B
- China SME Development Fund (https://capitalatlas.ai/funds/china-sme-development-fund) — Series B
- Bosera Asset Management — Series B
- Guangdong Industrial Development Fund — Series B
- Guotiao Zhanxin Investment Management (Anhui) — Series B
- Shaanxi Automobile Group Co.,Ltd. — Series B