NingBo ShanShan Co.,Ltd.

NingBo ShanShan Co.,Ltd. (A-share code 600884) was founded in 1992 in Ningbo, Zhejiang, and is listed on the main board of the Shanghai Stock Exchange. The company started in the apparel business and in 1999 shifted into the lithium battery materials field, becoming China's first company to industrialize anode materials; after more than 20 years of development it describes itself as a global leader in anode materials. In 2021 it acquired LG Chem's polarizer business, becoming a global leader in polarizers and forming a "dual main business, dual drive" structure. It now focuses on lithium battery anode materials and polarizers as its two core businesses.

The company was founded in December 1992 in Ningbo, Zhejiang. In January 1996 it was listed on the A-share market, becoming the first listed company in China's apparel industry. In 1999 it began a strategic transformation into the new energy industry, starting industrialization of anode materials, and subsequently laid out cathode materials business. In February 2021 it completed the acquisition of LG Chem's polarizer business, entering the LCD polarizer market and becoming the world's largest and technology-leading polarizer manufacturer. The company now focuses on lithium battery anode materials and polarizers as its two core businesses.

• NingBo ShanShan Co.,Ltd. founded

• Listed on the A-share market, becoming the first listed company in China's apparel industry

• Shanshan brand achieved seven consecutive years as top brand, with 37.4% comprehensive market share

• Began strategic transformation into new energy; Shanghai Shanshan Technology (anode) established

• Shanshan Energy (cathode) established

• Dongguan Shanshan (electrolyte) established

• Became the world's leading comprehensive lithium-ion battery materials supplier

• Shanshan Energy listed on the New Third Board; Levon Power battery PACK plant started; recognized as national enterprise technology center

• Baotou 100,000-ton anode integration project launched; Quzhou 20,000-ton electrolyte project completed

• Changsha 100,000-ton cathode project and Baotou 100,000-ton anode integration project broke ground; Quzhou 2,000-ton lithium hexafluorophosphate project completed

• 100,000-ton cathode and anode projects put into production; became world's largest comprehensive lithium battery materials supplier

• Acquired LG Chem's polarizer business, establishing Shanjin Optoelectronics and becoming the world's largest polarizer producer

Global leader in lithium battery anode materials and polarizers, with a "dual main business, dual drive" structure.

• Lithium battery anode materials

• Lithium battery cathode materials

• Polarizers

• Electrolyte

• 2024

  Shanshan Shares Fails to Timely Disclose RMB 1.788 Billion in Shareholder Fund Occupation

  The CSRC Ningbo Regulatory Bureau determined that from January 2022 to April 2024, Shanshan Holdings accumulated RMB 1.788 billion in occupation of Shanshan Shares funds through suppliers and construction contractors, among others, and failed to disclose it in a timely manner; it issued warning letters to the company and relevant responsible persons. The cumulative amount incurred does not equal the ending occupation balance. Progress: regulatory measures. Involved entities: Ningbo Shanshan Co., Ltd., Shanshan Holdings Co., Ltd.

  Source

• 2023

  Family Inheritance Dispute After Zheng Yonggang's Death and Controlling Shareholder Penalized for Violations

  After founder Zheng Yonggang died in 2023, widow Zhou Ting and eldest son Zheng Ju disputed over inheritance, equity and control; Zhou Ting applied to freeze Ningbo Qinggang equity and took over as chairman of Shanshan Shares in 2024; in 2026, three heirs of Zheng Yonggang were sued. Controlling shareholder Shanshan Holdings was proposed to be fined RMB 5 million by the Liaoning Securities Regulatory Bureau for failing to fulfill its mandatory tender offer obligation; the Shanghai Stock Exchange publicly condemned Shanshan Holdings and circulated criticism against Shanshan Shares and Zheng Ju. Change of control, regulatory penalty.

  Source

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1. 1宁波杉杉股份有限公司官网首页ssgf.net
2. 2企业介绍ssgf.net
3. 3案例中心ssgf.net
4. 4Wikidata: NingBo ShanShan Co.,Ltd.wikidata.org
5. 5维基百科：杉杉集团zh.wikipedia.org
6. 6Shanshan Shares Fails to Timely Disclose RMB 1.788 Billion in Shareholder Fund Occupationcsrc.gov.cn
7. 7Family Inheritance Dispute After Zheng Yonggang's Death and Controlling Shareholder Penalized for Violationsthepaper.cn
8. 8Family Inheritance Dispute After Zheng Yonggang's Death and Controlling Shareholder Penalized for Violationsnews.qq.com
9. 9Family Inheritance Dispute After Zheng Yonggang's Death and Controlling Shareholder Penalized for Violationsfinance.sina.com.cn