# Jin Shang Li New Materials

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jin-shang-li-new-materials

- Industry: Energy Storage & Batteries
- Headquarters: Yichun, China
- Latest round: Series A (Jul 11, 2025)
- Investors on record: 1

## About

Founded in 2021 and based in Yichun, China, Jin Shang Li New Materials has quickly emerged in the new energy materials sector by leveraging cutting-edge lithium extraction and processing technologies. Located in one of China’s key lithium resource regions, the company has rapidly established itself as a strategic player within the upstream segment of the battery materials industry. Jinshang Lithium provides a vertically integrated production system that spans lithium ore selection, roasting, leaching, and the manufacturing of battery-grade lithium carbonate. These processes ensure high efficiency and purity in output. The company serves battery manufacturers and other downstream participants in the electric vehicle (EV) supply chain. The company generates revenue from the production and sales of lithium carbonate and related materials derived from its integrated mineral processing operations, primarily targeting battery and EV supply chain customers. In July 2025, Jin Shang Li New Materials closed Series A funding from new investor Baic Capital.

## Funding rounds

- Series A, Jul 11, 2025 — BAIC Capital

## Investors

- BAIC Capital (https://capitalatlas.ai/funds/baic-capital) — Series A