Introduction
FOSHAN GRAPHENE NEW ENERGY CO., LTD. (Chinese: 佛山市格瑞芬新能源有限公司) is a Chinese carbon materials and new energy materials company based in Foshan, Guangdong. It operates as a controlled subsidiary within the Dowstone Technology group and focuses on graphene materials, carbon nanotube materials, conductive slurries, high-purity graphite, and lithium-battery-related anode materials, positioning itself in the supply chain for electric vehicles, energy storage, and electronic materials.
The company was established on 2 January 2018 and has since developed into an integrated materials platform with activities spanning research and development, manufacturing, sales, and technology services. Its product portfolio and industrial role are closely tied to the broader growth of lithium-ion batteries, where conductive additives and carbon-based functional materials are used to improve electrical conductivity, mechanical stability, and processing performance.
History and Development
Foshan Geruifen was founded in 2018 and initially operated within Dowstone Technology’s carbon-materials business structure, which had already been active in conductive carbon materials before the company’s formal establishment.
A major development came in 2021–2022, when Dowstone Technology advanced a broader carbon-materials asset integration strategy around the Geruifen platform and brought in strategic investors, including BYD, to expand production scale, diversify products, and strengthen the supply chain for new energy materials. External investment reports described a CNY 600 million financing round in 2022, reflecting the company’s role in the battery materials ecosystem.
By 2023, the company was presenting itself as an established producer of graphene powder, carbon nanotube powder, graphene conductive slurry, carbon nanotube conductive slurry, composite conductive slurry, graphite anode materials, and silicon-carbon anode materials, with supply relationships extending into major battery and automotive applications.
Business Operations and Segments
The company’s business scope includes:
- Graphite and carbon product manufacturing and sales
- Graphene material sales
- Electronic special materials manufacturing and R&D
- New-material technology services
- Import and export operations
Its operations are organized around a materials platform serving downstream battery and electronic customers. Public descriptions indicate that the business has been used as an operating base for Dowstone Technology’s carbon-materials segment, with integrated development across powders, slurries, and anode-related materials.
Products and Technologies
Foshan Geruifen’s product range is centered on nanocarbon and battery-conductive materials. Publicly identified products include:
- Graphene powder
- Carbon nanotube powder
- Graphene conductive slurry
- Carbon nanotube conductive slurry
- Composite conductive slurry
- Graphite anode materials
- Silicon-carbon anode materials
The company’s carbon nanotube materials are described as having performance characteristics relevant to battery formulations, including electrical conductivity, thermal conductivity, and mechanical reinforcement. For its single-walled carbon nanotube powder, public listings state that key indicators such as purity, specific surface area, and G/D ratio are comparable to imported products, while its single-walled carbon nanotube slurry uses a self-developed dispersant and is presented as competitive in viscosity and solid content.
The company also emphasizes batch consistency, process control, and customization, which are important in conductive-material supply chains because battery manufacturers often require stable dispersion behavior, low impurity levels, and repeatable rheology across production lots.
Applications and End Markets
The company’s materials are primarily associated with the following end markets:
- Power batteries for electric vehicles
- Energy-storage batteries
- Consumer electronics batteries
- Conductive formulations for electronic materials
- Next-generation battery anodes, including silicon-carbon systems
Industry descriptions connect the company’s products to the broader transition toward new energy vehicles and higher-performance battery systems, where conductive additives and engineered carbon materials are used to support energy density, rate capability, and cycle life.
Global Presence and Market Position
The company is headquartered in Foshan, Guangdong, and is listed as a supplier on the ChinaPlas online exhibitor platform, which identifies it as a plastics and rubber supply-chain participant with recognition as a specialized and sophisticated enterprise under China’s government classification system.
Within China’s advanced materials sector, the company occupies a niche position in nanocarbon-based battery materials rather than commodity plastics. Its market presence is strengthened by ties to the Dowstone Technology industrial group and by downstream relationships with battery and vehicle manufacturers mentioned in industry reporting.
Research and Development
Research and development appears to be central to the company’s identity. Public descriptions characterize it as a carbon-materials R&D service provider focused on graphene, carbon nanotubes, and related materials for new energy applications.
Technical cooperation and integration efforts have also been reported, including collaboration with universities and the consolidation of multiple carbon-material production bases into a broader supply and R&D network. The company has also been associated with a patent portfolio in public patent databases, indicating a continuing emphasis on proprietary materials and process development.
Sustainability and Environmental Initiatives
The company’s environmental relevance is tied primarily to its role in electrified transport and energy storage, which are core markets for lower-carbon energy systems. Its materials are used in battery technologies that support the shift away from internal combustion vehicles and toward grid and mobility electrification.
In operational terms, the company’s focus on process stability, large-scale production, and integrated supply chains is relevant to resource efficiency and quality control in advanced materials manufacturing. Its broader portfolio, including conductive slurries and anode materials, reflects the industry trend toward more performance-efficient formulations for battery systems.
Financial Performance and Economic Impact
As a controlled subsidiary of Dowstone Technology, the company’s financial position has been disclosed in corporate filings. One filing reported that as of 30 September 2025, the company had total assets of RMB 2.076 billion, net assets of RMB 1.623 billion, revenue of RMB 489.1 million for January–September 2025, and net profit of RMB 740,740 for the same period, unaudited.
Another filing reported that as of 31 December 2024 the company had total assets of RMB 2.055 billion, net assets of RMB 1.618 billion, 2024 revenue of RMB 737.3 million, and 2024 net profit of RMB 4.71 million. These figures indicate a business with substantial operating scale relative to its specialized materials niche, while profitability remained modest compared with revenue.
Quality Management and Certifications
Public materials indicate that the company emphasizes process control, product consistency, and technical standards in its carbon nanotube and conductive slurry lines. It is also listed in industry directories as a specialized and sophisticated enterprise, a status that in China generally signals recognition for focused technical capability and industrial specialization.
Innovations and Future Outlook
The company’s development trajectory suggests continued emphasis on three areas:
- Higher-performance carbon nanotubes and graphene materials
- Battery-conductive slurries with improved dispersion and rheology
- Next-generation anode materials, especially silicon-carbon systems
Its strategic position in the battery materials chain, together with industrial backing from Dowstone Technology and strategic investors, places it within the ongoing expansion of China’s advanced materials sector for EV batteries, energy storage, and electronic materials.
References
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CPS+ eMarketplace. (n.d.). FOSHAN GRAPHENE NEW ENERGY CO., LTD.FOSHAN GRAPHENE NEW ENERGY CO., LTD.. CPS+ eMarketplace. https://www.chinaplasonline.com/eMarketplace/ExhibitorInfo?CompId=1034036Link