Hitrans
- Company typePrivate
- Founded2015
- HeadquartersShaoxing, China
- Headcount—
- GTM typeB2B
- OfferingHardware or Manufacturing
Hitrans firmographics
Firmographics- Name
- Hitrans
- Legal name
- 浙江海创锂电科技有限公司
- Website
- https://chinahitrans.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Ownership category
- akta.pro rank
Hitrans industry classification
Industry- Product category
- Lithium Battery Cathode Materials
- NAICS
- Battery Manufacturing (335910), Battery Manufacturing (33591)
- akta.pro primary industry
- Cathode Active Materials (CAM) Manufacturing (EUAFABAB)
- akta.pro secondary industries
- Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI), Battery Materials Refining & Re-Manufacturing Feedstocks (Li, Ni, Co, Mn, Graphite Salts) (EUAIAIAJ)
Keywords
Where Hitrans is headquartered
LocationHeadquarters
- HQ city
- Shaoxing
- HQ country
- China
- HQ region
- Asia
Offices2 records
Markets served
Hitrans business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Technology or R&D, Personnel, Infrastructure
Revenue model
- Ternary Cathode Material Sales: Direct sales of manufactured ternary cathode materials (NCM/NCA) to battery manufacturers and EV companies. Core revenue stream from multi-crystalline and single-crystal products across various nickel content grades.
- Ternary Precursor Sales: Sales of precursor materials including nickel cobalt manganese precursors, nickel cobalt aluminum precursors, and nickel cobalt precursors to downstream cathode material manufacturers.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Hitrans product offering
Product offeringCore offering
Hitrans develops, manufactures, and sells lithium battery ternary cathode materials (nickel cobalt manganese oxide / nickel cobalt aluminum oxide, including NCM523, NCM622, NCM811, NCA, and ultra-high nickel 9-series in both polycrystalline and single-crystal grades) and ternary precursors (nickel cobalt manganese, nickel cobalt aluminum, and nickel cobalt precursors). These products are sold as industrial raw materials to battery cell makers and EV/energy storage/consumer electronics OEMs for use in electric vehicles, energy storage systems, power tools, high-end digital products, drones, and smart home devices.
Product overview
Hitrans is a lithium battery materials manufacturer offering two interconnected product lines: ternary precursors (nickel cobalt manganese precursors, nickel cobalt aluminum precursors, nickel cobalt precursors) and ternary cathode active materials (nickel cobalt manganese oxide, nickel cobalt aluminum oxide). The product portfolio includes polycrystalline and single-crystal grades spanning NCM523, NCM622, NCM811, NCA, and ultra-high nickel 9-series products. The precursor products (XP series) serve as raw materials for the downstream cathode material products (XC series), forming an integrated materials supply chain for lithium batteries used in electric vehicles, energy storage systems, high-end consumer electronics, power tools, drones, and smart home applications.
Differentiator
Problem solved
Functional benefit
Products and services
- Ternary Precursors (XP Series) Ternary precursor materials (nickel cobalt manganese precursor, nickel cobalt aluminum precursor, nickel cobalt precursor) supplied as industrial raw materials to cathode material manufacturers. The product line includes SKUs spanning medium-nickel grades (XP50 series, XP61 series) and high-nickel/ultra-high nickel grades (XP83, XP90 series, XP9404C with 94.02% Ni), with defined particle size, tap density, and BET specifications for downstream cathode synthesis.
- Ternary Cathode Active Materials (XC Series) Lithium battery ternary cathode active materials (nickel cobalt manganese oxide and nickel cobalt aluminum oxide) sold to battery cell manufacturers. The product line covers polycrystalline and single-crystal grades from standard NCM (XC50A, XC55C, XC61 series, XC65D) through high-nickel (XC83A) to ultra-high nickel 9-series single-crystal products (XC90B, XC90E, XC92E), used in electric vehicle batteries, energy storage systems, consumer electronics, power tools, drones, and smart home devices.
Quantifiable outcome
- Products sold to major battery manufacturers and consistently ranked in top 10 of China's power lithium battery cathode material brands for 8 consecutive years
Companies that use Hitrans
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Hitrans technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Hitrans partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Zhejiang UniversitycoreLong-term strategic partnership for joint R&D in cathode material technology, theoretical research, new product development, industrialization, and technical services.
- Harbin Institute of TechnologycoreIndustry-university-research partnership for cathode material innovation, new product development, and technology platform creation.
- Zhejiang University of TechnologycoreJoint technology development platform integrating theoretical research, new product R&D, industrialization, and technical services.
- Chinese Academy of Sciences Ningbo Institute of Materials Technology (CAS Ningbo)coreStrategic research partnership leveraging CAS's materials science expertise for advanced cathode material development.
Scale indicators6 records
Recent moves10 records
Expansion highlights5 records
Hitrans competitors and assessment
Company assessmentBroad incumbents
- POSCO Future M: POSCO Future M is a major Korean producer of NCM cathode active materials and precursors with global cell-maker relationships — comparable to Hitrans on chemistry and product, but with broader scale and more international customer footprint.
- Sumitomo Metal Mining: Sumitomo Metal Mining is a Japanese integrated nickel/cobalt producer with a significant NCA cathode active materials business — comparable to Hitrans' NCA/ultra-high-nickel product focus, with broader upstream integration.
- Umicore: Umicore is a Belgian global materials group with a sizable NCM cathode active materials business serving European and Asian cell makers — comparable to Hitrans on chemistry and product, but with a much broader materials portfolio and global footprint.
Direct peers
- GEM Co. GEM is a major Chinese battery materials recycler and NCM precursor producer, with growing CAM activity. Comparable to Hitrans' precursor and recycling-driven full chain business model.
- Ronbay Technology: Ronbay is one of China's largest NCM ternary cathode active material producers, with a heavy focus on high-nickel and ultra-high nickel products for EV batteries — directly competing with Hitrans' core NCM811/NCA/9-series portfolio.
- Zhenhua New Materials: Zhenhua is a Chinese specialist in NCM ternary cathode active materials, with strong positions in high-nickel NCM for power batteries — directly comparable to Hitrans in product line, customer base, and chemistry specialization.
- CNGR Advanced Material: CNGR is a leading Chinese producer of NCM precursors and an emerging CAM player, with vertically integrated nickel/cobalt chemical processing — directly comparable to Hitrans on the precursor side and increasingly on the CAM side.
- Beijing Easpring Material Technology: Easpring is a major Chinese NCM ternary cathode active material manufacturer serving global cell makers, with overlapping NCM523/NCM622/NCM811 and high-nickel NCA products — directly comparable to Hitrans on chemistry, customer base, and application focus.
- Hunan Shanshan: Shanshan is a long-established Chinese CAM producer (both NCM and LCO), with significant NCM cathode capacity serving EV and consumer electronics cell makers — directly comparable to Hitrans' multi-end-market CAM business.
Emerging players
- Xiamen Tungsten New Energy: Xiamen Tungsten New Energy is a Chinese producer of NCM cathode active materials and tungsten-related battery materials — partially comparable to Hitrans on NCM CAM product line and end-markets, with partial overlap in high-energy-density applications.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Hitrans compliance and trust
Trust signalCompliance6 records
Hitrans financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hitrans leadership team
Management profileNumber of profiles
Profiles7 records
Hitrans subsidiaries and ownership
Company hierarchySubsidiaries1 record
Hitrans funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hitrans M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hitrans
What does Hitrans do?
Hitrans develops, manufactures, and sells lithium battery ternary cathode materials (nickel cobalt manganese oxide / nickel cobalt aluminum oxide, including NCM523, NCM622, NCM811, NCA, and ultra-high nickel 9-series in both polycrystalline and single-crystal grades) and ternary precursors (nickel cobalt manganese, nickel cobalt aluminum, and nickel cobalt precursors). These products are sold as industrial raw materials to battery cell makers and EV/energy storage/consumer electronics OEMs for use in electric vehicles, energy storage systems, power tools, high-end digital products, drones, and smart home devices.
Is Hitrans a public or private company?
Hitrans is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Hitrans founded?
Hitrans was founded in 2015.
Where is Hitrans based?
Hitrans is headquartered in Shaoxing, China, in the Asia region.
How does Hitrans make money?
Two revenue lines are on record. Ternary Cathode Material Sales are the primary driver. The others are ternary Precursor Sales.
Who are Hitrans's main competitors?
Broad incumbents on record are POSCO Future M, Sumitomo Metal Mining and Umicore. Direct peers are GEM Co., Ronbay Technology, Zhenhua New Materials, CNGR Advanced Material, Beijing Easpring Material Technology and Hunan Shanshan. Xiamen Tungsten New Energy is listed as an emerging player.
Does Hitrans have an API?
No public API is recorded for Hitrans.
What industry is Hitrans in?
Hitrans's product category is Lithium Battery Cathode Materials. Its primary akta.pro industry code is EUAFABAB, Cathode Active Materials (CAM) Manufacturing, with a secondary code of IMAKAFAI, Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate). Its NAICS code is 335910.