In 2024, the new material enterprises included in the statistics in the province will achieve a total operating income of about 750 billion yuan, ranking first in the country in terms of total scale. "This is the data released at the special docking activity of the new material industry chain.

Developing new materials, Hunan has unique insights. As one of the earliest regions in China to conduct research on new energy materials and devices, currently, 70% of the core R&D personnel of lithium battery enterprises and the founders of more than 20 listed companies in the new energy industry come from Hunan.

For many years, Hunan has been committed to building a number of new material industry clusters, including advanced steel materials, advanced non-ferrous metal materials, advanced energy storage materials, new chemical materials, advanced ceramic materials, and carbon based materials. In the field of new materials, it has cultivated 24 national manufacturing industry champions and 218 national specialized, refined, and new "little giant" enterprises.

Hunan's new materials enterprises, universities, and research institutes are deeply involved in national major projects such as lunar exploration, large aircraft, and national key projects such as the Shenzhen Zhongshan Bridge, "said Ni Donghai, a first level inspector of the Provincial Department of Industry and Information Technology. At present, the province has recognized over 1600 new material enterprises, forming a full chain layout from basic research and technological innovation to achievement transformation and industrialization landing.

The high-quality development of industries and the formation of core competitiveness of enterprises all require a good industrial foundation, "said Mark, Deputy General Manager of BASF Shanshan Battery Materials Co., Ltd. In the field of new materials, Hunan now has both innovative genes and an innovative environment.