What Henan Kelong New Energy Co.,Ltd does

Henan Kelong New Energy Co., Ltd. operates as a core operating subsidiary of Henan Kelong Group (河南科隆集团), a privately held diversified industrial conglomerate founded in 1993 and headquartered in Xinxiang, Henan Province, China. The group operates across three reported industry pillars: New Energy (battery materials and power battery systems), Refrigeration System & Supporting Industry (evaporators, condensers, heat exchangers, pipe fittings), and Intelligent Environmental Protection Equipment Industry (battery cases, hydrogenation reactors, storage tanks, conveyor systems, water treatment). Manufacturing is distributed across eight-plus wholly owned facilities in Xinxiang, Zhongshan, Qingdao, Hefei, Yangzhou, and Chuzhou, with subsidiaries including Henan New Kelong Electrical Appliance, Henan New Taihang Power Source, Henan Kelong Refrigeration Technology, and Henan Kelong Petrochemical Equipment.

The New Energy subsidiary specifically focuses on lithium batteries, Ni-MH batteries, battery precursor materials, and power battery systems including silver-zinc (XB3501A, operating -40°C to +65°C) and nickel-cadmium batteries (GN100-(5), GNZ120-(4)). The group's proprietary technologies include fluorine-free high-efficiency evaporators and condensers (described as 'first to pass national appraisal'), energy-saving air-cushion and tubular belt conveyors with fully independent IP, tank hydrogenation reactors with up to 200mm plate rolling capacity for petrochemical applications, and aluminum-alloy casting/composite-material battery cases for EV thermal management. The group holds multiple national designations: National Enterprise Technology Center, National 863 Major Special R&D and Industrialization Base, National Postdoctoral Research Workstation, and National Key High-tech Enterprise, supported by 1,040 R&D personnel (13% of total workforce) and partnerships with the Chinese Academy of Sciences, Tsinghua, Central South, Zhengzhou, and Beijing General Research Institute of Nonferrous Metals.

The business model is direct enterprise sales (B2B) to global tier-1 customers under a stated 'high-tech, important customer, internationalization' strategy. Revenue is generated entirely through hardware sales across the three pillars; no software, subscription, or services revenue model is disclosed. Named customers span EV/auto (BYD, Geely), battery cell makers (Samsung, LG, Panasonic, GS YUASA, Corun, Chaoba), white-goods OEMs (Hisense, Haier, Whirlpool, Electrolux, Bosch Siemens, GE), and rail (CRRC Zhuzhou). The group participates in industry exhibitions such as CIBF and uses direct enterprise field sales supported by a network of regional subsidiaries for proximity-based delivery. No public pricing models or unit economics are disclosed; the company reported consolidated 2020 revenue of 67.241 billion RMB (approximately $9.6B USD at then-prevailing exchange rates) and was ranked 36th in the 2020 Henan Private Enterprise 100 list.

Name

Henan Kelong New Energy Co.,Ltd

Legal name

河南科隆集团有限公司

Website

https://hnkl.com.cn

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

Henan Kelong New Energy Co., Ltd., a core subsidiary of Henan Kelong Group (founded 1993, Xinxiang, China), manufactures lithium and Ni-MH batteries, battery precursor materials, refrigeration evaporators and condensers, and industrial equipment for global tier-1 customers including BYD, Samsung, LG, Panasonic, Haier, and Whirlpool.

Ownership category

akta.pro rank

Product category

Battery & Energy Storage Manufacturing

NAICS

Battery Manufacturing (33591), Battery Manufacturing (335910), Electrical Equipment Manufacturing (3353), Electrical Equipment Manufacturing (33531)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Battery Cells (Li-ion, LFP, Sodium-ion, Lead-acid, NiMH) (IMAGAHAA)

akta.pro secondary industries

Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Battery Cell Manufacturing (EV) (IMACACAB), Battery Pack & Module Manufacturing (EV) (IMACACAA), Automotive Batteries & 12V/Low-Voltage Energy Storage Manufacturing (IMACAJAJ)

Keywords

• Lithium-ion battery manufacturing
• Power battery systems
• Refrigeration system components
• Intelligent environmental equipment
• Industrial conveyor equipment

Headquarters

HQ city

新乡市, 河南省

HQ country

China

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. New Energy Products: Battery and power system products including lithium batteries, Ni-MH batteries, battery precursor materials, and complete power battery systems for electric vehicles and energy storage applications
2. Refrigeration System Products: Fluorine-free, high-efficiency and energy-saving refrigeration system components including evaporators, condensers, heat exchangers, and refrigeration pipe fittings for household appliances
3. Environmental Protection and Intelligent Equipment: Intelligent equipment including belt conveyors, storage tanks, hydrogenation reactors, and environmental protection equipment for industrial applications

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Henan Kelong New Energy Co., Ltd manufactures lithium-ion power batteries and battery materials for electric vehicles, Ni-MH / nickel-cadmium / silver-zinc batteries, refrigeration system evaporators and condensers used in home appliances, and intelligent environmental / industrial equipment including conveyors, pressure vessels and battery cases. The company operates three business segments — new energy, refrigeration systems, and intelligent environmental equipment — and supplies tier-1 global OEMs across automotive, appliance, rail and industrial markets.

Product overview

Henan Kelong New Energy Co., Ltd operates as part of a diversified industrial group with three major business segments: New Energy Industry, Refrigeration System & Supporting Industry, and Intelligent Environmental Protection Equipment Industry. The New Energy segment includes lithium batteries, nickel-metal hydride batteries, battery material precursors, and power battery systems (silver-zinc and nickel-cadmium batteries). The Refrigeration segment encompasses evaporators, condensers, heat exchangers, and pipe fittings. The Intelligent Equipment segment covers battery cases, water treatment systems, storage tanks (including hydrogenation reactors), and various conveyor systems. The company serves major international clients including BYD, Samsung, LG, Panasonic, Hisense, and Haier.

Differentiator

Problem solved

Functional benefit

Brands

• Kelong Maker (科隆创客): Internal innovation platform launched on July 3, 2015, enabling employees to propose and develop innovation projects; over 200 active makers and 325 signed projects.

Products and services

• Lithium-ion power batteries for electric vehicles

Quantifiable outcome

• 67.241 billion RMB annual revenue in 2020, ranked 36th in Henan Private Enterprise 100
• +2 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• Chinese Academy of Sciences (中国科学院)coreStrategic or Co-development PartnerLong-term technical cooperation relationship for research and development in battery technology and materials
• Tsinghua University (清华大学)coreStrategic or Co-development PartnerLong-term technical cooperation for R&D in new energy and materials science
• Central South University (中南大学)coreStrategic or Co-development PartnerTechnical cooperation for battery materials research and talent development
• Zhengzhou University (郑州大学)coreStrategic or Co-development PartnerLong-term technical cooperation for research and development
• Beijing General Research Institute of Nonferrous Metals (北京有色金属研究总院)coreStrategic or Co-development PartnerTechnical cooperation for non-ferrous metals and materials research

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• BYD Company Limited: Vertically integrated EV and battery manufacturer (FinDreams Battery) that is simultaneously a major Kelong customer for power batteries and a direct competitor in Li-ion cell and pack production. Highly comparable in battery materials, cells, packs, and EV power systems.
• CALB (China Aviation Lithium Battery Technology Co., Ltd.): Major Chinese Li-ion battery cell and pack manufacturer serving EV and ESS markets. Comparable to Kelong in producing cells and complete battery systems for OEMs, with overlapping customer relationships in EV power batteries.
• Contemporary Amperex Technology Co., Limited (CATL): The largest Chinese lithium-ion battery cell and pack manufacturer globally, supplying major EV OEMs and energy storage customers. Directly comparable to Kelong in Li-ion cell manufacturing and power battery systems, though at vastly greater scale and with broader automaker relationships.
• Gotion High-Tech Co., Ltd. Chinese battery and battery materials manufacturer with Volkswagen partnership, producing Li-ion cells, packs, and energy storage solutions. Comparable to Kelong in Li-ion cell/pack manufacturing and battery materials (precursors).
• EVE Energy Co., Ltd. Chinese battery manufacturer producing Li-ion cells, power batteries, and energy storage systems. Comparable product portfolio to Kelong New Energy across consumer, power, and ESS battery applications.
• Modine Manufacturing Company: Global thermal management and heat exchanger manufacturer serving commercial refrigeration, automotive (including EV battery cooling), and industrial markets. Comparable to Kelong in refrigeration evaporators/condensers and EV battery thermal management heat exchangers.
• Sunwoda Electronic Co., Ltd. Chinese Li-ion battery manufacturer producing cells, packs, and energy storage systems for consumer electronics, EVs, and grid storage. Comparable to Kelong in battery cell and pack manufacturing across multiple end markets.
• Corun New Energy Co., Ltd. (科力远): Chinese Ni-MH battery specialist and battery materials supplier that is both a Kelong customer and a direct peer in Ni-MH battery cells and precursor materials. Highly comparable legacy chemistry positioning.
• Wanxiang A123 Systems: Chinese-affiliated lithium-ion battery cell and pack manufacturer serving automotive and ESS markets. Comparable to Kelong in Li-ion cell manufacturing, automotive power batteries, and battery thermal management integration.

Broad incumbents

• GS Yuasa Corporation: Japanese battery manufacturer (lead-acid, Ni-MH, Li-ion) that is both a Kelong customer for battery materials and a broader incumbent peer across automotive, industrial, and rail battery applications. Larger and more diversified globally than Kelong.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/%E6%B2%B3%E5%8D%97%E6%96%B0%E9%B8%BD%E6%91%A9%E6%89%98%E8%BD%A6%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries13 records

Funding overview

Funding rounds

Investors

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 Henan Kelong New Energy Co.,Ltd