It is a state-owned enterprise and has a factory. Ningxia Sinochem Lithium Battery, established in 2018, is a state-owned company. Its main business covers lithium battery ternary materials, precursor production and research and development, lithium battery disassembly and recycling, etc. The lithium battery material project is the focus of Sinochem Group’s industrialization strategic transformation One of the projects, Ningxia Sinochem Lithium Battery has built a materials factory in Zhongwei, Ningxia, specifically responsible for production.