Titans New Power (Zhuhai Titans New Power Electronics Co., Ltd.) is a formation-grading equipment specialist acquired by Wuxi Lead Intelligent Equipment in 2017, responsible for the back-end (formation-grading) process segment of full lithium battery production lines.
1. Company Overview
- Company name: Zhuhai Titans New Power Electronics Co., Ltd. (珠海泰坦新动力电子有限公司)
- Headquarters: Zhuhai, Guangdong Province, China
- Parent company: Wuxi Lead Intelligent Equipment (无锡先导智能装备, 300450) — acquired in 2017 for RMB 1.35 billion
- Business area: formation equipment (化成机) and capacity-grading equipment (容量机)
2. History and Personnel
Wuxi Lead’s 2017 acquisition for RMB 1.35 billion played a key role in Lead’s growth into a full-line solutions provider spanning front-, mid-, and back-end lithium battery processes. Disclosure filings indicate that, as of 2018 prior to the acquisition, major customers included Zhuhai Gree Intelligent Equipment (a Gree Electric subsidiary), Hubei Jinquan New Materials (an EVE Energy subsidiary), Jiangxi Ganfeng Battery Technology (a Ganfeng Lithium subsidiary), BYD, Shuang Deng Group, Zhuhai Yinlong New Energy, CATL, Camel Group New Energy Battery (a Camel Group subsidiary), and CALB (Luoyang).
The company operates as a formation-grading equipment specialist subsidiary within parent Wuxi Lead’s new-energy business portfolio. Detailed personnel composition is (undisclosed).
3. Core Technology and Key Equipment
The company specializes in formation equipment (化成机) and capacity-grading equipment (容量机), and in 2018 received an order from CATL for formation and capacity-grading equipment worth RMB 915 million (per Wuxi Lead disclosure, combined with orders booked by the Lead parent entity itself).
- Formation equipment (化成机) — initial cell charging and activation equipment
- Capacity-grading equipment (容量机) — cell capacity testing and sorting equipment
4. Production Infrastructure and Quality Assurance
The company leverages the Wuxi Lead group’s production and R&D network centered on its Zhuhai headquarters. Detailed factory floor area is (undisclosed).
5. Delivery Track Record and Partnerships
Disclosure filings indicate that, as of the point prior to the 2018 acquisition, customers included Zhuhai Gree Intelligent Equipment, Hubei Jinquan New Materials (an EVE Energy subsidiary), Jiangxi Ganfeng Battery Technology (a Ganfeng Lithium subsidiary), BYD, Shuang Deng Group, Zhuhai Yinlong New Energy, CATL, Camel Group New Energy Battery (a Camel Group subsidiary), and CALB (Luoyang). 2018 revenue was RMB 1.287 billion with net profit of RMB 398 million (per Wuxi Lead disclosure).
6. Financial Status and Roadmap
As a wholly owned subsidiary of Wuxi Lead, the company is not separately listed, and its financials are consolidated into the parent’s financial statements. The first individually disclosed revenue and net profit figures after the 2018 acquisition (RMB 1.287 billion / RMB 398 million), measured around the time of the acquisition, are presented in this profile for reference only.
Under parent Wuxi Lead’s full-line lithium battery solutions strategy, the company continues to advance its formation-grading process technology.
This profile was compiled from publicly available sources including Jiemian News (jiemian.com) and Wuxi Lead’s share-issuance asset acquisition report; unverified figures and non-public information have not been arbitrarily included.