# Hanyao

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hanyao

- Industry: Materials
- Headquarters: Yinchuan, China
- Total disclosed funding: $72M
- Latest round: Series B (Sep 5, 2022)
- Investors on record: 4

## About

Established in 2017 and based in Yinchuan, China, Hanyao mainly produces and manufactures lithium-rich manganese-based cathode materials for lithium batteries. The company has established production bases and research and development testing centers in Yinchuan, Ningxia, Yichun, Jiangxi and Dongli, Tianjin, etc. In 2006, the company started to research on lithium-rich manganese-based materials, successfully declared the National Natural Science Foundation of China project in 2007, built the world's first production line of lithium-rich manganese-based cathode materials in 2009, and realized the batch production of lithium-rich manganese-based cathode materials in 2010.

The company mainly develops and produces lithium-rich manganese base, and can realize the batch sales of lithium-rich manganese base cathode materials. The produced lithium-rich manganese base can be used as cathode material as well as precursor of power battery, which is applied in two-wheelers, light four-wheelers, small energy storage, digital and other fields.

## Funding rounds

- Series B, Sep 5, 2022, $72M — Hongtai Aplus, Goldstone Capital, Shenyin Wanguo Hongding Equity Investment Management, Shenyin & Wanguo Investment

## Investors

- Hongtai Aplus (https://capitalatlas.ai/funds/hongtai-aplus) — Series B
- Goldstone Capital — Series B
- Shenyin Wanguo Hongding Equity Investment Management (https://capitalatlas.ai/funds/shenyin-wanguo-hongding-equity-investment-management) — Series B
- Shenyin & Wanguo Investment — Series B