Zhejiang Hangke Technology Incorporated Company, commonly known as Hangke Technology, is a prominent Chinese enterprise dedicated to creating advanced post-processing systems for lithium-ion batteries. Established in 1984 in Hangzhou, China, the company has over three decades of experience in the battery manufacturing industry. In 2019, Hangke Technology was listed on the SSE STAR Market, solidifying its position as a key player in the global battery equipment sector. The company provides integrated solutions to leading battery manufacturers and automotive OEMs worldwide, contributing to the efficient and reliable production of various battery types.
Battery Technology
Hangke Technology specializes in the post-processing segment of lithium-ion battery manufacturing. This crucial stage follows cell assembly and involves steps essential for activating, testing, and ensuring the quality of battery cells. Hangke’s equipment handles several key processes:
- Battery Formation and Testing: This includes the initial charge and discharge cycles, capacity grading, aging tests, and final quality inspections. These processes are critical for the electrochemical activation of battery cells, ensuring optimal performance and reliability.
- Ancillary and Intelligent Factory Solutions: Beyond core hardware, Hangke develops logistical automation, data acquisition, and management software. These solutions facilitate smart, automated operations within battery manufacturing plants, providing interconnected systems aligned with Industry 4.0 principles.
- Specialized Equipment for Multiple Battery Formats: Hangke’s product portfolio supports various battery cell formats, including prismatic, cylindrical, and pouch cells, which are widely used in consumer electronics, electric vehicles, and industrial storage. The company also supplies equipment for emerging formats, such as semi-solid and solid-state batteries, demonstrating its commitment to future battery technologies.
- Cycle Testing and Maintenance: Equipment for long-term reliability assessments and optimization of battery life cycles is part of their offering. Additionally, Hangke provides dedicated teams for repair, upgrade, and retrofit services to support growing production capacities.
Recent Projects
Hangke Technology has been actively engaged in projects that reflect its commitment to innovation and expansion. In 2025, the company introduced the world’s first OEM-built, fully integrated post-processing production line for prismatic lithium-ion cells, named “Plant 6 Phase II.” This system integrates multiple processes, including electrolyte filling, formation, cycling, testing, and logistics, under AI-driven orchestration to increase precision, throughput, and digital factory connectivity.
The company is also constructing a new manufacturing plant in Malaysia to expand its global production capacity and improve service to international markets. Furthermore, Hangke Technology has secured contracts with major automotive players, including Volkswagen PowerCo in Europe and Canada, and Ford in the US, providing essential equipment for their battery manufacturing operations. These projects highlight Hangke’s role in supporting key players in the global electric vehicle supply chain.
Investors
Hangke Technology’s ownership structure is characterized by both concentrated individual and institutional holdings. Qian Zheng is a significant individual shareholder, holding approximately 20% of the company. Shanghai Qihang Investment Co., Ltd. holds around 15%, and China Jianyin Investment Ltd. owns approximately 10%. Combined, the top two shareholders control about 66% of the company, with insiders owning approximately 46% of the shares.
Institutional investors also hold notable stakes, including HSBC Holdings (approximately 8%), China Life Insurance (approximately 5%), BlackRock (approximately 3%), and HSBC Jintrust Fund Management (approximately 5%). The remaining shares, around 19%, are publicly held by smaller individual investors. This blend of strong insider and institutional backing supports Hangke’s strategic growth and long-term objectives.
Business Details
Location: Hangzhou, China
Website: https://www.chr-group.net/en/
LinkedIn: https://www.linkedin.com/company/hangketech-inc/
