On September 17, Shenzhen Xiangfenghua Technology Co., Ltd. was officially listed on the Shenzhen Stock Exchange.

Xiangfenghua was founded in 2009 and is headquartered in Shenzhen, Guangdong. It is mainly engaged in the research and development, production and sales of anode material for lithium battery. It is an advanced supplier of anode material for lithium battery in China. Xiangfenghua plans to issue an initial public offering of A shares of no more than 25 million. After deducting the issuance costs, all the raised funds will be used in 30,000 tons of high-end graphite anode material production base construction projects.