The company was founded in July 2000. It currently has nine wholly-owned or holding subsidiaries, including Huzhou Yongxing Special Steel Import & Export Co., Ltd., Huzhou Yongxing Material Recycling Co., Ltd., Huzhou Yongxing Investment Co., Ltd., Yongxing Special Stainless Steel Co., Ltd. America, Jiangxi Yongcheng Lithium Technology Co., Ltd., and Huzhou Yongxing New Energy Co., Ltd. The main business activities are R&D, production and sales of stainless steel bars, wires and lithium carbonate products. The main products are 21Ah/23Ah square aluminum case batteries and their modules, PACs and systems. Company honors: Academician Expert Workstation; Zhejiang Science and Technology SME Certificate; Zhejiang Private Enterprise Science and Technology Innovation Award; 2016 Zhejiang Top 100 High-tech Enterprise; Metallurgical Science and Technology Award Certificate; High-tech Enterprise Certificate (2014), won the National May 1st Labor Award, National Steel Industry Advanced Collective, ranked among the top 500 private enterprises in China and leading enterprises in the industrial industry in Zhejiang Province.