Mengguli New Materials

What Mengguli New Materials does

Tianjin Guoan Mengguli New Materials Science & Technology Co., Ltd. (Mengguli / MGL) is a Chinese lithium-ion battery cathode materials manufacturer founded in November 2009 and headquartered in Jiuyuan Industrial Park, Baodi District, Tianjin. The company operates a vertically integrated cathode materials portfolio spanning high-voltage lithium cobalt oxide (LCO, 4.2V–4.58V) with mass-produced 4.53V products and proprietary O2-phase LCO technology, medium- and high-nickel ternary materials (NCM/NCA, Ni88–Ni94 series) exceeding 220mAh/g capacity, fourth-generation and above lithium iron phosphate (LFP) with compaction density ≥2.6 g/cm³, lithium-rich manganese-based materials, dual-route sodium-ion cathode materials, and proprietary LATP solid-state electrolytes (AN1PC, AN5PC). Its products serve consumer electronics (smartphones, laptops, AR glasses, wearables, drones, TWS earbuds), electric vehicles and power batteries (pouch, cylindrical, prismatic formats), stationary energy storage, and next-generation solid-state battery R&D programs.

Mengguli monetizes through direct B2B sales to lithium-ion battery manufacturers under quote-based enterprise pricing, supplying tier-1 and tier-2 battery makers across the 3C, EV, energy storage, and next-generation battery supply chains. The company was the first in China to industrialize lithium cobaltate, breaking the prior foreign monopoly, and holds multiple national-level recognitions including the State Scientific and Technological Progress Second and Third Prizes, National High-Tech Enterprise status, National Enterprise Technology Center designation, an Academician Expert Workstation, a Post-Doctoral Research Center, and a CNAS-accredited quality laboratory operated in accordance with ISO/IEC 17025.

Mengguli is controlled by Hengtong Group, a Fortune China 500 diversified conglomerate (ranked No. 216 among China's Top 500 Enterprises), and has been listed on the Shenzhen Stock Exchange ChiNext (GEM) under stock code 301487 since August 2023. The company employs 10,000+ people across its Tianjin headquarters, multiple operational production phases (Phase I-III), and a new ~RMB 3 billion integrated LFP and iron phosphate project under construction in Dazhou High-tech Zone, Sichuan Province (Phase I targeting 50,000 tons LFP and 100,000 tons iron phosphate per year, commissioning targeted for 2027, with Phase II doubling both capacities).

Name

Mengguli New Materials

Legal name

天津国安盟固利新材料科技股份有限公司

Website

https://htmgl.com.cn

Company type

Public

Founded year

2009

Operating status

Operating

Headcount range

10,001+ employees

Short description

Mengguli New Materials is a Chinese cathode materials manufacturer producing high-voltage LCO, high-nickel ternary NCM/NCA, fourth-generation LFP, and LATP solid-state electrolytes for lithium-ion battery makers serving consumer electronics, EV, and energy storage applications.

Ownership category

akta.pro rank

Product category

Battery Cathode Materials

NAICS

Battery Manufacturing (335910)

SIC

Industrial Inorganic Chemicals (2810)

akta.pro industry

PRIMARYEUAFABAB

Cathode Active Materials (CAM) Manufacturing

Energy, Utilities & Environment/Energy Storage & Grid Flexibility (Batteries, Hydrogen Storage, Demand Response)/Battery Materials, Cells & Packs Manufacturing

SECONDARYEUAFABAH

Solid-State Battery Materials & Cell Manufacturing

Energy, Utilities & Environment/Energy Storage & Grid Flexibility (Batteries, Hydrogen Storage, Demand Response)/Battery Materials, Cells & Packs Manufacturing

Keywords

• Lithium-ion cathode materials
• Battery materials manufacturing
• Lithium cobalt oxide
• Ternary cathode materials
• Lithium iron phosphate

Headquarters

HQ city

Tianjin

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Lithium-ion battery cathode materials sales: Primary revenue from R&D, production and sales of lithium-ion battery cathode materials including high-voltage lithium cobalt oxide, ternary materials (NCM/NCA), and lithium iron phosphate. Revenue generated through direct B2B sales to battery manufacturers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Mengguli New Materials (Tianjin Guoan Mengguli New Materials Science & Technology Co., Ltd., 盟固利) is a vertically integrated Chinese manufacturer of lithium-ion battery cathode materials. Its product portfolio covers high-voltage lithium cobalt oxide (LCO) at 4.2V-4.58V, medium-nickel and high-nickel NCM/NCA ternary materials (including Ni88, Ni90, and Ni94 series), lithium iron phosphate (LFP) cathode materials, and frontier materials such as LATP solid-state electrolyte, lithium-rich manganese-based materials, and sodium-ion cathode materials. Products are sold B2B to lithium-ion battery makers serving consumer electronics, electric vehicles, and energy storage applications.

Product overview

Tianjin Guoan Mengguli New Materials Science & Technology Co., Ltd. (MGL) is a vertically integrated provider of lithium-ion battery cathode materials. The company operates a comprehensive product portfolio organized across four main categories: High-voltage Lithium Cobalt Oxide (LCO) spanning 4.2V to 4.58V for consumer electronics; NCM (Nickel-Cobalt-Manganese) ternary materials including medium-nickel and high-nickel grades for EVs and 3C applications; High-nickel NCM materials (Ni88-Ni94 series) for premium power and energy storage; and Frontier Materials including LATP solid-state electrolytes, lithium-rich materials, and single-crystal products for next-generation batteries. The company also maintains significant R&D capabilities including pilot lines, performance evaluation centers, and failure analysis facilities, positioning it as a comprehensive cathode materials supplier serving the full spectrum from consumer electronics to electric vehicles and energy storage applications.

Differentiator

Problem solved

Functional benefit

Products and services

• High-voltage LCO 4.45V (7000R) High-voltage lithium cobalt oxide cathode material rated 4.45V with high capacity and high-rate (5C-15C) performance, small particle size and monocrystalline structure. Widely used in e-cigarettes, drones, aircraft models, and intelligent wearables.
• High-voltage LCO 4.55V (10B) High-voltage lithium cobalt oxide composite cathode material rated 4.55V balancing high capacity, long cycle life, high voltage, and low internal resistance. Applied in mobile phones, laptops, drones, and smart wearables.
• High-voltage LCO 4.53V (9000C) High-voltage lithium cobalt oxide with graded particles of different sizes at 4.53V, balancing high capacity, long cycle life, high voltage, and low internal resistance. Used in mobile phones and laptops.
• High-voltage NCM (6FV4) 4.4V single crystal NCM cathode material with high capacity, low cost and long cycle life characteristics. Mainly used in 3C and PHEV batteries.
• Power-type High-safety NCM (MS65B) Single crystal NCM cathode material with high capacity, long cycle life, high-rate performance and low internal resistance. Adapts to high and low temperature environments. Mainly used in EV and PHEV batteries.
• HMA9D (Ni90 bimodal) High nickel Ni90 bimodal cathode material with higher energy density, longer cycle life, and longer calendar life. Suitable for pouch cell and cylindrical battery systems, widely used in EV and 3C applications.
• CS94A (Ni94 single crystal) D50 2.3µm small-particle high-nickel Ni94 single crystal cathode product featuring ultra-high capacity, high rate and high power. Suitable for pouch cell and cylindrical battery systems, used in EV and 3C applications.
• HA8E (Ni88 bimodal) High nickel Ni88 bimodal cathode material with high-capacity, high-rate, high-press density, low internal resistance and long cycle characteristics. Suitable for cylindrical battery systems in power tools and two-wheel vehicles.
• HS93B (Ultra-high nickel 9-series single crystal) Ultra-high nickel 9-series single crystal cathode material with high capacity, low internal resistance and long cycle life. Mainly used in EV and PHEV batteries.
• LAF7A (Single-crystal lithium-rich) Single-crystal lithium-rich cathode material with uniformly dispersed particles, high irreversible specific capacity, low pH/residual alkali, and excellent air stability. Applied in pre-lithiation for energy storage batteries, high-power batteries, and consumer batteries.
• AN1PC (Nano-scale LATP solid-state electrolyte) Nano-scale LATP solid-state electrolyte with small primary particle size, ultra-high ionic conductivity, and exceptionally low cost. Suitable for cathode coating, electrode sheet blending, and electrolyte additives for liquid, semi-solid, and solid-state batteries.
• AN5PC (Submicron-scale LATP solid-state electrolyte) Submicron-scale LATP solid-state electrolyte with 500nm primary particle size. Features ultra-high ionic conductivity, extremely low cost, and excellent dispersion uniformity. Applied in electrolyte additives and separator coatings.
• CN2S (Four-element single crystal LFP) Four-element single crystal LFP cathode product with low nickel content, balancing low residual alkali and long cycle life. Mainly used in start-stop power, electric two-wheelers, sightseeing vehicles, energy storage, and communication base stations.
• LRS4A (Small particle single crystal LFP) Small particle single crystal LFP cathode product combining low cost, high capacity, high pressure compaction, and long cycle characteristics. Suitable for hard shell battery systems with broad application in EV and E-bike markets.
• LRS4C (Small particle single crystal LFP) Small particle single crystal LFP cathode product combining high capacity, high pressure compaction, and long cycle characteristics. Suitable for all-solid-state battery systems with broad application in EV and E-bike markets.

Quantifiable outcome

• O2-phase LCO achieves >10% higher theoretical energy density than conventional O3-phase LCO
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Regional players

• POSCO Future M (formerly POSCO Chemical): Korean CAM manufacturer producing high-nickel NCM cathode materials primarily serving Korean and Western EV battery makers (LG Energy Solution, Samsung SDI, SK On). Comparable high-nickel NCM and emerging solid-state material portfolio, though focused on non-China markets.

Direct peers

• Shenzhen Dynanonic (德方纳米): China's largest dedicated LFP cathode material specialist, listed on Shenzhen ChiNext. Direct competitor for Mengguli's LFP roadmap, including the upcoming Dazhou capacity expansion into the same grid-scale and residential energy storage customer segments.
• Hunan Yuneng New Energy (湖南裕能): China's dominant LFP cathode material producer with very large-scale manufacturing footprint and strong ties to CATL and BYD. Competes directly with Mengguli's planned Dazhou LFP capacity for the same tier-1 ESS and EV battery customers.
• Xiamen Tungsten New Energy Materials (厦钨新能): Cathode material subsidiary of Xiamen Tungsten listed on Shanghai STAR Market. Competes with Mengguli across high-voltage LCO for consumer electronics and NCM ternary materials for EV batteries, with comparable product breadth.
• Ronbay Technology (当升科技): Beijing-listed Chinese CAM manufacturer specializing in high-nickel NCM and NCA cathode materials for power batteries. Direct competitor across the same tier-1 customer base (CATL, BYD, etc.) with similar product positioning in ultra-high nickel chemistries.
• Easpring Material Technology (容百科技): Leading Chinese high-nickel ternary NCM cathode material producer listed on Shanghai STAR Market. Closest direct competitor in Ni88/Ni90/Ni94 series, with overlapping EV battery customer base and comparable R&D investments in next-gen cathode chemistries.
• GEM Co. (格林美): Major Chinese battery materials and recycling company with NCM precursor and cathode material businesses. Comparable as a vertically integrated battery materials player supplying tier-1 battery manufacturers with overlapping customer accounts.
• Pulead Technology Industry (璞泰来): Chinese battery materials supplier spanning cathode materials, anode materials, and coating technologies. Adjacent competitor with overlapping R&D and customer engagement in lithium-ion battery materials.

Broad incumbents

• CATL (Contemporary Amperex Technology): World's largest battery cell manufacturer and a key Mengguli customer. Operates its own in-house cathode R&D and supplies many of the same end markets; represents both a major buyer and a long-term competitive threat through vertical integration.
• Umicore: Belgian global materials group with a significant rechargeable battery materials business producing NMC cathode materials for automotive and ESS customers. Comparable broad incumbent in CAM with overlapping high-nickel product positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mgl-new-materials-science-technology-co-ltd

Compliance14 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mengguli New Materials