On September 22, Great-wall Enterprise Institute and the Tianjin Development and Reform Commission jointly released the GEI Report on China Nezha Enterprises 2026 in Tianjin. Jiangsu Hengtron Nanotech Co., Ltd. was once again listed among China Nezha Enterprises, making it the enterprise in Yancheng to win this honor for two consecutive years.

The concept of Nezha Enterprise was first put forward in 2019 by Great-wall Enterprise Institute. It refers to new-economy enterprises featuring a short establishment history, high starting point, emerging track and strong innovation capacity. Engaged in the R&D and production of cathode materials of lithium manganese iron phosphate (LMFP) battery, Hengtron Nanotech is a national high-tech enterprise. The company has made breakthroughs in key LMFP technologies, built the world’s exclusive patent portfolio for LMFP, and forged core technological barriers with its proprietary solid-liquid two-phase process. Its LMFP cathode materials occupy a critical position in the upstream industrial chain and are widely applied in new energy vehicles, commercial vehicles, electric two-wheelers, energy storage systems and other fields. From 2023 to 2025, Hengtron Nanotech ranked first globally in LMFP shipments for three consecutive years, with a market share of nearly 50%.