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Proof of Strength | Veken Tech Ranks No.2 on Sodium Battery Competitiveness Brand List, Second Only to CATL

2025-10-16

Company Profile: Veken Technology (600152) was established in 1993 and listed on the A-share market in 1998. Headquartered in Ningbo, Zhejiang, the company has been deeply involved in the new energy track for over 20 years, focusing primarily on new energy lithium batteries and sodium batteries, with core businesses in 3C digital batteries, small power batteries, and sodium battery energy storage. The company has established lithium and sodium battery production bases in locations such as Ningbo, Dongguan, and Nanchang, covering the complete industrial chain from cell manufacturing to PACK assembly. Regarding the application of sodium batteries, the company's products have been successfully deployed in multiple demonstration projects, including the Guangfa 100MW/200MWh Sodium Battery Energy Storage Power Station Project, the Hohhot, Inner Mongolia 2.5MW/10MWh Energy Storage Power Station Project, the North China Oilfield 100kWh Sodium Battery Energy Storage Power Station Project, the China Resources Power Haifeng 30MW Energy Storage Auxiliary Frequency Regulation Project, and the Alaten'aobao Substation-side 5MW/20MWh Independent New Energy Storage Power Station Project. Currently, the company has built a fully automated sodium battery mass production line at its Nanchang base, with an effective annual capacity of 2GWh.

Reason for Ranking: Veken Technology secured the top position in China's sodium-ion battery shipment volume in the first half of 2025, becoming a leading enterprise in the sodium battery sector, thanks to its strong R&D capabilities, mature industrial layout, multi-scenario applications, and capabilities for mass production and delivery. Presently, Veken Tech's sodium battery products have achieved large-scale application in various fields including energy storage power stations, commercial & industrial energy storage, and starting power sources. In 2025, the company has successfully expanded into niche application markets such as data center backup power, communication base station backup power, and commercial vehicle start-stop power sources, receiving significant market recognition. Simultaneously, the company is focusing on overseas market deployment, accelerating its global business expansion process to provide valuable sodium battery solutions for specific market segments to global customers. In the future, with technological iteration, production capacity breakthroughs, and coupled with global layout, the company is expected to maintain its leading position in industry shipments.

This No. 2 ranking on the annual competitiveness brand list signifies the industry's high recognition of Veken Tech's comprehensive competitive strength in the sodium-ion battery field. The company had already received two significant honors in August of this year: "No.1 in China Sodium Battery Shipments 2025H1" and "No.1 in China Polyanionic Sodium Battery Shipments 2025H1," successfully continuing the achievement of winning double first places in China sodium battery and China energy storage sodium battery shipments in 2024. Furthermore, recently, the company's Energy Storage Business Division reached a strategic energy storage cooperation with Shanghai Electric Power Electronics Co., Ltd., further demonstrating its strong capability for continuous market expansion and deepening industrial layout. Veken Technology will continue to deepen its R&D and application of sodium battery technology, promoting the large-scale development of the sodium-ion battery industry.

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