# Zhongxin New Materials

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zhongxin-new-materials

- Industry: Environmental Services
- Headquarters: Xinxiang, China
- Website: www.hnzxxcl.com
- Latest round: Series A (Dec 29, 2023)
- Investors on record: 2

## About

Established in 2020 and based in Xinxiang, China, Zhongxin New Materials is a company dedicated to the fully automated harmless treatment of waste lithium batteries and the comprehensive utilization of deep resources. The company has cooperated with Tsinghua University, Central South University, Henan Normal University and other institutions, and in November 2023, it was selected as one of the enterprises on the white list of "recycling" and "laddering" by the Ministry of Industry and Information Technology. In December 2023, it closed a round of series A+ funding.

The company is mainly engaged in the processing of waste lithium battery materials, battery-grade lithium carbonate extraction and other businesses, with automatic dismantling of batteries, rapid and intelligent sorting of materials, high-efficiency lithium extraction, high-efficiency recycling of nickel and cobalt, graphite regeneration, and many other services. The company recycles waste batteries and then reproduces materials including lithium manganate powder, ternary powder and other anode materials and copper powder, graphite powder and other anode materials.

## Funding rounds

- Series A, Dec 29, 2023 — Zhongyuan Lianchuang Fund
- Series A, Sep 30, 2022 — Yunhe Partners

## Investors

- Yunhe Partners (https://capitalatlas.ai/funds/yunhe-partners) — Series A
- Zhongyuan Lianchuang Fund (https://capitalatlas.ai/funds/zhongyuan-lianchuang-fund) — Series A