Recently, SIMT, a manufacturer of sodium positive electrode materials, has completed tens of millions of yuan in angel round financing. The investors in this round are Jinjue Capital and Xintou Angel Fund. The financing funds will mainly be used for the construction of the pilot line, which is expected to be completed and put into operation by the end of this year. At the same time, Na Yuan New Materials has started the planning and layout of a thousand ton production line, with plans for 2

At the 3rd China (Lithium ion Sodium Battery) Electric Bicycle Industry Ecology Conference and Light Power Battery Technology Summit Forum, Dr. Liu Zhongqing, CEO of Nayuan New Materials, was also invited to attend and deliver a keynote speech.

On July 27, 2023, SIMT Na Yuan New Materials held its first public debut event and the opening ceremony of Na Yuan Engineering Technology Center at the company headquarters (Wuxi).