Henan Fusen New Energy Technology Co., Ltd. was established in April 2011 and is a wholly-owned subsidiary of Fusen Industrial Group. Located in Xichuan County, the core water source area of the Middle Route of the South-to-North Water Diversion Project, it focuses on building a high-tech enterprise with lithium-ion battery R&D and manufacturing as its core and upstream core materials for batteries as its supporting facilities. The company has strong technical force and rich management experience, and has advanced automatic production lines for lithium batteries. It has been approved such titles as "National High-tech Enterprise", "Henan Postdoctoral R&D Base", and "Energy Storage and Power Lithium-ion Battery Technology Center". The main products are cylindrical 18650 lithium-ion batteries and are matched with the production of cathode materials, which are applied in the fields of convenient travel, smart home, and portable energy storage. With the rapid development of the new energy industry, relying on the strong strength of the parent company Fusen Group, the company has been growing rapidly in scale and has now formed an annual production capacity of 100,000 sets of 3GWH lithium-ion batteries and PACK battery packs, and 10,000 tons of cathode materials. In order to seize the new opportunities brought about by the explosive growth of the energy storage market in the new era, the company is currently constructing a project of large cylindrical lithium battery “32140” and square aluminum shell energy storage battery, which is compatible with lithium batteries and sodium batteries, providing high-quality products for household energy storage, communication energy storage, and industrial and commercial energy storage, and striving to become a new energy industry base with a scale of over 10 billion yuan in Nanyang.