Nanjing Hanrui Cobalt Co.,Ltd. was founded in 1997, headquartered in Nanjing Jiangning Economic and Technological Development Zone. We are one of the few enterprises in China operating across the whole of the cobalt industry chain, covering the complete industrial processes of ore procurement, preliminary processing, smelting and purification, and production of cobalt powder and cobalt compounds, according to the Frost & Sullivan Report.We are the third largest cobalt powder producer in the world and the largest in China in terms of production output as of December 31, 2020, according to the Frost & Sullivan Report. In addition to cobalt powder, our main products include other cobalt-related products such as cobalt compounds as well as copper-related products such as copper cathodes. Our cobalt products are the essential raw materials for battery materials, cemented carbide, high-temperature alloy and magnetic materials, and are widely used in aviation, electric vehicles, electronic appliances and other fields. Our copper cathode products, which are among our most profitable products, are used as raw materials for the production of copper tubes, copper wire and copper casting. Completion of these projects will further expand our cobalt industry coverage and enhance our market competitiveness. Our industry chain coverage has enabled us to secure raw material supplies on competitive terms, help ensure cost-effective operation, and benefit from growing downstream demands, all of which have allowed us to capture additional value in the industry chain and seize the opportunities presented in the market.
Hanrui Investor Relations