CYZL New Material was established in January 2012. It is a high-tech enterprise dedicated to the development, production and sales of wet energy separator materials for new energy vehicles lithium-ion batteries.
In August 2017, the company officially joined CY Group, an outstanding domestic listed company, and became a holding subsidiary of CY Group. At present, the company has a registered capital of 263.35 million yuan. It has three production bases in Changde, Hunan, Ningxiang, Changsha, and Hohhot, Inner Mongolia. All production equipment is imported from Japan, and the equipment is highly automated. It is planned to complete the construction of 20 wet-process diaphragm production lines by 2018 and 30 wet-process diaphragm production lines by 2019. The annual production capacity is about 1.5 billion square meters. At present, 10 wet diaphragm production lines have been put into production, and the scale of production capacity is at the leading level in the domestic industry. The production process technology has been assessed by the Ministry of Industry and Information Technology as an international advanced level, which has filled the domestic blank in this field. 8 production lines and 12 coating production lines are planned. The company has planned from a high starting point and constructed with high standards. Two lines of the first phase of the project have entered normal production.
The company has internationally advanced wet diaphragm manufacturing and testing equipment. It is a leading supplier of large scale wet diaphragm and coated diaphragm solutions in China. The main suppliers, overseas customers such as South Korea's Samsung, SK, LG and Japan's Panasonic are also gradually developing and bulk supply.