Haoneng Technology, Gree Group’s Electrode Full-Process Equipment Leader

Shenzhen Haoneng Technology Co., Ltd. (浩能科技) is headquartered in Shenzhen, China, and is a subsidiary of Kehang Co., Ltd. (科恒股份), producing electrode full-process equipment including automatic slurry-feeding systems.

1. Company Overview

• Company name: Shenzhen Haoneng Technology Co., Ltd. (深圳市浩能科技有限公司); brands: Haoneng / Haode
• Founded: August 2005
• HQ: Pingshan District, Shenzhen, China
• Parent company: wholly owned subsidiary of Kehang Co., Ltd. (Jiangmen Kehang Industry, ticker 300340) — in 2023 its equity was brought under the Gree group’s umbrella
• Registered capital: RMB 400 million (converted)
• Actual controller: Zhuhai State-owned Assets Supervision and Administration Commission (Gree Jintou acquired control in October 2022 by taking up the full 63 million-share private placement)

2. History and Workforce

Founded in 2005, the company grew by developing China’s first domestically-made extrusion-type coater. It has since expanded its footprint across lithium-battery coating, compounding, slitting, and roll-press equipment, and in 2023 its parent Kehang’s equity was brought under the Gree group, shifting its ownership to a large conglomerate.

The company is designated a national-level advanced-technology enterprise. Organizational/workforce composition is (undisclosed). Parent company Kehang Industrial posted net losses for five consecutive years from 2020 through H1 2024, with cumulative losses of about RMB 1.8 billion, and its debt-to-asset ratio reached a record 94.64% at the end of Q3 2024. Gree Jintou acquired control in October 2022 by taking up the full 63 million-share private placement, and in December 2023 it participated in a roughly RMB 580 million capital increase intended to replenish working capital (Source: Sina Finance, 2024-12-19; Beijing Business Today, 2022-10-30).

3. Core Technology and Key Equipment

Including an ‘automatic slurry-feeding system,’ the company has a full electrode-process lineup covering cathode/anode coaters, grid-pattern double-sided coating equipment, roll presses, and slitters. In 2025, the company completed development of an 1,800mm ultra-wide, high-speed dual-layer extrusion coater and stated it received the GGII (High-Tech Industry Research) Annual Product Award (Source: Shanghai Securities News, 2026-04-09, citing the parent company’s FY2025 annual report).

• Automatic slurry-feeding system (mixing-related equipment)
• Cathode/anode coaters — first domestically developed extrusion-type coater in China
• Grid-pattern double-sided coating equipment
• Roll presses / slitters / laser pole-ear cutters
• New sodium-ion-battery-oriented products (Hona-Power / Hona-Grid series)

4. Production Infrastructure and Quality Assurance

The company operates out of its Pingshan District, Shenzhen headquarters, with unfulfilled order backlog reported at RMB 2.865 billion (converted) as of end-June 2021 (per parent-company disclosure). Specific plant floor area/cleanroom figures are (undisclosed).

5. Delivery Track Record and Partnerships

The company has disclosed that it supplies electrode equipment to lithium-battery makers; specific customer names are (undisclosed).

6. Financial Status and Roadmap

Financial statements are publicly available through its parent, Kehang Co., Ltd. (300340), listed on the Shenzhen Stock Exchange. Haoneng Technology’s individual revenue/profit figures are not arbitrarily presented in this profile. However, per Sina Finance reporting (citing parent-company disclosures), Haoneng posted net losses of RMB -240 million, -50 million, -130 million, and -250 million in 2020 through 2023 respectively, and the RMB 389 million in goodwill formed at the December 2016 acquisition was fully impaired to zero by the end of 2023 (Source: Sina Finance, 2024-12-19). Per the parent company’s FY2025 annual report, group-wide revenue was RMB 2.072 billion, net loss attributable to listed-company shareholders was RMB 218.6 million, and accumulated uncovered losses reached RMB 1.794 billion, exceeding one-third of paid-in capital, which the company disclosed makes cash dividends impossible (Source: Shanghai Securities News, 2026-04-09).

Through its sodium-ion-battery-oriented power/storage series (Hona-Power, Hona-Grid), the company is expanding its lithium-battery-centered business into the sodium-ion-battery space.

This profile was compiled based on publicly available sources including the company’s official website (szhaoneng.com), Securities Star (证券之星), and Eastmoney (东方财富网); unverified figures and undisclosed information have not been arbitrarily filled in.