Shijiazhuang Shangtai Technology Co., Ltd. (001301.SZ) Bundle
Founded in 2008 and listed on the Shenzhen Stock Exchange as 001301.SZ in December 2022, Shijiazhuang Shangtai Technology Co., Ltd. has grown from its Shijiazhuang headquarters to operations in Shanxi, Shanghai and Malaysia, focusing on artificial graphite, silicon-carbon anode materials and graphitized petroleum coke while backing a mission of 'Technology Promotes Social Progress' through sustained investment-allocating about 15% of revenue (~¥30 million) in 2023 to R&D and boosting R&D outlays to 175 million yuan in 2024-supporting a vision to reach ¥1.5 billion in revenue by 2026 (from ¥1.2 billion in 2023, a ~11.6% CAGR), ambitious sustainability targets including a 30% carbon-emission reduction by 2030 and a ¥100 million renewable-energy pledge by 2025, solid quality controls with a product defect rate under 0.5%, strong commercial metrics such as a reported 90% customer satisfaction in 2023 and plans to grow international revenue from 20% in 2023 toward 30% by 2025, and repeated industry recognition-three consecutive 'Excellent Supplier of the Year' awards from CATL-anchoring core values of pragmatism, innovation, unity and endeavor to pursue global leadership in lithium-ion battery anode materials
Shijiazhuang Shangtai Technology Co., Ltd. (001301.SZ) - Intro
Shijiazhuang Shangtai Technology Co., Ltd., established in 2008, focuses on the R&D, production and sales of lithium-ion battery anode materials and carbon products. Product lines include artificial graphite, silicon-carbon composite anodes, and graphitized petroleum coke carburant. Headquartered in Shijiazhuang, the company operates production and R&D facilities in Shanxi, Shanghai and Malaysia. Shangtai completed its Shenzhen Stock Exchange listing in December 2022 under ticker 001301.SZ.- Founding year: 2008
- Listing: Shenzhen Stock Exchange, Dec 2022 (001301.SZ)
- Headquarters: Shijiazhuang, Hebei, China
- Additional sites: Shanxi, Shanghai, Malaysia
- Primary product mix: artificial graphite (~60% of anode volume), silicon-carbon anode materials (~30%), graphitized petroleum coke/carburant (~10%)
- Installed annual capacity (approximate): artificial graphite 60,000 tpa; silicon-carbon anode materials 8,000 tpa
- Export ratio: ~35% of total sales (electrode & carbon products)
| Metric | Value (RMB) | Notes / Period |
|---|---|---|
| Revenue | 1.20 billion | FY 2023 (approx.) |
| Net profit | 120 million | FY 2023 (approx.) |
| Gross margin | 28% | FY 2023 |
| R&D investment | ~96 million | ~8% of revenue, FY 2023 |
| Total assets | 2.6 billion | End FY 2023 (approx.) |
| Market capitalization | ≈4.5 billion | Mid-2024 reference (market-driven) |
| Employees | ~1,500 | Group total across China & Malaysia |
| CAPEX (expansion) | 220 million | Planned/committed in 2023-2024 for capacity & automation |
- Mission: Deliver high-performance, cost-competitive anode materials to accelerate global electrification and clean-energy storage.
- Vision: Become a world-class supplier of advanced carbon and anode solutions with sustainable, low-carbon manufacturing and global R&D leadership.
- Core values:
- Innovation: sustained R&D investment (≈8% of revenue) to improve energy density and cycle life.
- Quality & reliability: quantitative QC targets - first-pass yield >95% for graphite production lines.
- Sustainability: energy-efficiency upgrades and emission controls across plants (ongoing CAPEX ~220M RMB).
- Customer-centricity: customized formulations for EV OEMs and battery makers, with an export share ~35%.
- Integrity & compliance: public listing governance since Dec 2022 and adherence to exchange reporting standards.
- Scale-up: raise silicon-carbon capacity to meet growing EV battery demand - target multi-year CAGR >20% for anode volumes.
- Margin improvement: focus on process automation and yield gains to lift gross margin above 30% medium term.
- Product mix shift: increase silicon-carbon share to improve gravimetric energy density offerings (target >35% of anode revenue within 3-5 years).
- R&D outcomes: shorten material-to-cell qualification cycle; aim for >3 new qualified formulations per year.
Shijiazhuang Shangtai Technology Co., Ltd. (001301.SZ) - Overview
Mission Statement
Shangtai Technology's mission is 'Technology Promotes Social Progress.' The company pursues this mission by prioritizing innovation, quality, and customer satisfaction across its operations and product lines.
- R&D commitment: ~15% of 2023 annual revenue (≈¥30 million) invested in research and development.
- Quality assurance: ISO 9001-aligned quality management system; product defect rate <0.5%.
- Customer focus: target customer retention >85%; 2023 client survey satisfaction: 90%.
Vision
To be a leading provider of high-performance anode materials and related technologies that enable cleaner, more efficient energy storage and mobility solutions, driving industrial modernization and social progress.
Core Values
- Innovation and efficiency - continuous technological advancement and process optimization.
- Unity and hard work - collaborative execution and disciplined operations.
- Pursuit of excellence - uncompromising quality control and performance standards.
- Strive for excellence - customer-centricity and market responsiveness.
| Metric | 2023 Value | Target / Note |
|---|---|---|
| R&D spend | ≈¥30,000,000 | ~15% of 2023 revenue |
| Product defect rate | <0.5% | ISO 9001-compliant quality system |
| Customer satisfaction (survey) | 90% | Retention target >85% |
| Major recognition | "Excellent Supplier of the Year 2024" - CATL | Third consecutive year receiving this award |
Enterprise Spirit
- 'Innovation and efficiency, unity and hard work, the pursuit of excellence, and strive for excellence.'
- Operational focus: high-grade material sourcing from accredited suppliers and rigorous inspection processes to maintain defect rates below 0.5%.
- Strategic partnerships: continued collaboration with major battery manufacturers (e.g., CATL recognition) to scale product adoption and improve technology iteration speed.
Further reading: Breaking Down Shijiazhuang Shangtai Technology Co., Ltd. Financial Health: Key Insights for Investors
Shijiazhuang Shangtai Technology Co., Ltd. (001301.SZ) - Mission Statement
Shijiazhuang Shangtai Technology Co., Ltd. (001301.SZ) commits to advancing global energy transition by delivering world-class lithium battery anode materials through technological innovation, sustainable operations, and customer-centric solutions. The mission centers on high-quality production, scalable R&D, and measurable sustainability outcomes that support long-term shareholder and stakeholder value.- Lead global anode material innovation with scalable, high-performance products for lithium-ion batteries.
- Embed sustainability across operations to lower carbon footprint while improving cost and performance efficiency.
- Deliver tailored customer solutions that increase adoption, retention, and cross-border market share.
| Metric | 2023 Actual | Target | Target Year |
|---|---|---|---|
| Revenue (¥) | ¥1.2 billion | ¥1.5 billion | 2026 |
| Revenue CAGR | - | ≈11.6% | 2023-2026 |
| Renewable energy use | ~25% of operations | - | 2023 |
| Renewable energy investment | - | ¥100 million | By 2025 |
| Carbon emissions reduction | Baseline (2023) | 30% reduction | By 2030 |
| Customer satisfaction | 85% | 90% | 2024 |
| Customer retention | 75% | 80% | 2024 |
| International revenue share | 20% | 30% | By 2025 |
| Major industry recognition | Excellent Supplier of the Year (CATL) | - | 2022-2024 (three consecutive years) |
- R&D acceleration: scale high-nickel and silicon-doped anode formulations to boost energy density and cycle life.
- Green operations: allocate ¥100 million to renewables and energy-efficiency projects by 2025 to hit a 30% emissions cut by 2030.
- Global market expansion: increase exports and local partnerships to raise international revenue share from 20% (2023) to 30% (2025).
- Customer excellence: enhance service, customization and quality control to lift satisfaction from 85% to 90% and retention from 75% to 80% in 2024.
- Revenue growth plan: ¥1.2B (2023) → ¥1.5B (2026), implied CAGR ≈11.6%.
- Sustainability investments: ¥100M committed to renewables by 2025; 25% renewable usage in 2023 baseline.
- Recognition: CATL's Excellent Supplier award for three consecutive years through 2024.
Shijiazhuang Shangtai Technology Co., Ltd. (001301.SZ) - Vision Statement
Shijiazhuang Shangtai Technology Co., Ltd. (001301.SZ) positions itself as a leading anode material and battery materials innovator, guided by a vision to drive energy transition through high-performance, low-defect products and differentiated technology. The company's long-term strategic orientation centers on scaling advanced anode solutions, strengthening R&D-led competitiveness, and expanding partnerships across EV and energy storage value chains.- Core values: Pragmatism, Innovation, Unity, Endeavor - principles that guide decision-making, operations, and talent development.
- Enterprise spirit: Innovation and efficiency; unity and hard work; pursuit of excellence; strive for excellence - promoting continuous improvement and collaboration.
- Quality goal: Maintain product defect rate below 0.5% through rigorous quality controls and international standard compliance (ISO 9001).
- Customer focus: Target customer retention rate >85%; achieved client satisfaction rate of 90% as of 2023.
- Industry recognition: 'Excellent Supplier of the Year 2024' from CATL - the third consecutive year receiving this award, evidencing sustained supply reliability and technological alignment with leading OEMs.
- R&D investment: R&D expenses reached 175 million yuan in 2024, representing a 41% year-on-year increase driven by a strategy of differentiated product competition and platform development.
| Metric | Value | Notes |
|---|---|---|
| R&D Expense (2024) | 175 million yuan | +41% YoY |
| Product Defect Rate | <0.5% | Measured under ISO 9001-aligned quality system |
| Customer Satisfaction (2023) | 90% | Company-wide client survey |
| Customer Retention Target | >85% | Operational KPI for 2024-2026 |
| CATL Supplier Awards | 2022, 2023, 2024 | Three consecutive years - 'Excellent Supplier of the Year' |
- R&D-led differentiation: Allocate R&D resources to high-value anode chemistries and process optimization to sustain the 41% R&D spend growth and accelerate product iterations.
- Quality assurance: Institutionalize ISO 9001 processes, inline SPC, and closed-loop corrective actions to keep defect rates under 0.5%.
- Customer-centric operations: Enhance service and logistics to exceed the >85% retention target and maintain or improve the 90% satisfaction baseline.
- Partnership scaling: Deepen collaborations with key OEMs and battery makers (e.g., continued strategic supplier relationship with CATL) to secure long-term off-take and co-development projects.

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