Zhejiang New Era Zhongneng Technology Co.,Ltd., founded in 2015 with a registered capital of 360 million yuan, is located in Hangzhou Bay, Shangyu Industry, Shaoxing, Zhejiang, the south region of "Yangtze River Delta" with convenient transportation and complete supporting facilities, covering an area of 300 mu. Focus on providing high-value services in the new energy industry, carry out the stepped recovery and recycling of decommissioned power lithium batteries and other characteristic businesses and promote the closed-loop cycle of resources. It is a dual-license enterprise in the white list of the Ministry of Industry and Information Technology’s New Energy Vehicle Waste Power Battery Comprehensive Utilization Industry Standard Conditions , a high-tech enterprise, a Shaoxing Green Factory, one of Top  100 industrial enterprises in Shangyu District, a hidden champion enterprise,etc.

The company's decommissioned lithium battery and cobalt-nickel resource recycling project has been fully completed, and now has two production bases in Shangyu, Shaoxing and Shangrao, Jiangxi , with an annual production capacity of 12,000 tons of cobalt salt, 10,000 tons of nickel salt, 5,000 tons of manganese oxide, 8,000 tons of lithium carbonate, 3,000 tons of iron phosphate, and 50,000 tons of decommissioned lithium batteries. Both two bases have mature process technology, high degree of automation, high level of environmental protection and low cost.

New Era Zhongneng has brought together and cultivated senior technical and management teams in the industry, and carried out Industry-University-Research cooperation with Central South University, Wuhan University of Technology, Lanzhou University of Technology, Jiangsu University, Zhejiang Sci-Tech University and other colleges and universities to jointly build scientific R&D platforms such as academician expert workstations, postdoctoral mobile stations, and provincial R&D centers. It has obtained 49 patents and undertaken 2 key R&D projects of the National Ministry of Science and Technology and participated in the formulation of 1 national standard and 6 industry standards which have been promulgated, leading the enterprise to pass ISO9001, ISO14001, ISO45001, ISO50001 four system certification.

Adhering to the development concept of Practicing Carbon Neutrality to Protect Lucid Water and Green Mountains, Serving New Energy to Drive a Better Future, the company promotes the development of new energy industry based on resource recycling business, and is committed to building a first-class comprehensive service provider of new energy. By 2025, the company will have an annual processing capacity of 300,000 tons of lithium iron phosphate batteries and materials, an annual output of 30,000 tons of positive lithium materials for power batteries and 150,000 tons of iron phosphate.