Shenzhen Bonan New Energy Technology Co., Ltd. (referred to as Bonan New Energy) was established in September 2022. It is a technology-based unicorn enterprise in the field of new energy with independent intellectual property rights, focusing on the research and development of positive and negative electrode materials and battery cells for sodium ion batteries, as well as energy storage solutions and industrialization. The company is led by Academician Qu Jinping of the Chinese Academy of Engineering, and has gathered more than 30 domestic professors and experts in the field of materials from universities such as Harbin Institute of Technology and Shanghai Jiao Tong University, building a relatively complete R&D and production system. In 2024, Bonan New Energy obtained the honorary certificates of National High tech Enterprise and National Specialized and New Enterprise, passed the system certifications of ISO9000, ISO14001, etc., and worked together with CATL and BYD to develop two national standards for the sodium ion energy storage battery industry.

Bo Na New Energy Polyanion Sodium Ion Battery products have the advantages of low cost, long cycle life, good low-temperature performance, high safety performance, and short charging and discharging time. At present, the company's products have signed orders worth nearly one billion yuan and have passed mandatory testing for core top customers in energy storage, 3C and other fields.

In 2024, Bo Na New Energy has laid out three major positive and negative electrode material bases in Harbin, Baishui in Shaanxi, and Jiuquan in Gansu, as well as an electrolyte factory in Puyang, Henan. It has a 2GWh battery production capacity in Hulan District, Harbin. The downstream battery PACK field has launched the Jiangsu Xuzhou Light Power Two Tricycle Base and the Zhejiang Hangzhou Industrial and Commercial Energy Storage Industry Base. The company has become a leading enterprise in the domestic sodium ion battery industry chain.