On the afternoon of April 7, 2025, the inaugural mass production and shipment ceremony for GEM’s new-generation ultra-high nickel 9-series core-shell ternary precursor was grandly held at Jingmen Industrial Park, marking the beginning of the global mass production and commercialization of this advanced product. GEM has become the world’s only enterprise capable of large-scale production of ultra-high nickel 9-series core-shell ternary precursors. Our high-quality core-shell precursor orders have already secured premium markets in Japan, South Korea, and Europe, with export markets remaining resilient despite U.S. tariff policies.

▲ The Grand Ceremony for the Inaugural Mass Production and Shipment of the New-Generation Ultra-High Nickel 9-Series Core-Shell Ternary Precursor at Jingmen Industrial Park

Amid the celebratory fanfare, nearly 200 tons of GEM’s new-generation ultra-high nickel 9-series core-shell ternary precursor were officially shipped from Hubei Jingmen to South Korea, entering the supply chain of a leading global new energy enterprise. Since the product's initiation, GEM has successfully developed the new-generation ultra-high-nickel 9-series core-shell ternary precursor through its determination in independent R&D, courage to tackle challenges, and relentless perseverance. This technology represents both the pinnacle of technical difficulty in global ternary precursor manufacturing and the cutting-edge direction of the industry's development. This achievement is a major industrial innovation resulting from GEM’s strategy of innovation leadership and quality prioritization, as well as its active practice of the innovation formula: “Super Talent + Super Equipment + Super Innovation = Super Achievement.” It also marks a breakthrough in the second-generation ultra-high nickel 9-series core-shell ternary precursor technology, following the successful mass production of the first-generation high-nickel 8-series core-shell ternary precursor in 2022, after three years of continuous technological R&D efforts.

▲ GEM Actively Practices the Innovation Formula: “Super Talent + Super Equipment + Super Innovation = Super Achievement”

Currently, the planned monthly shipment volume of the new-generation ultra-high-nickel 9-series core-shell ternary precursor is approximately 3,000 tons, sufficient to equip 20,000 high-end new energy vehicles. This further enriches the company’s high-end precursor product line and significantly stabilizes its global market position, with 100% of the product supplied to leading international new energy enterprises.

The large-scale shipment of this new-generation ultra-high-nickel 9-series core-shell ternary precursor demonstrates that GEM has become a global leader in the mass industrialization of this technology, truly realizing the vision of "high-end products made in China"! This marks a key milestone in GEM’s pioneering innovation in the new energy materials sector, signifying that GEM’s ternary precursor production technology and equipment have officially entered the industrial leading zone. This achievement will solidify GEM’s core market position in the global new energy materials industry, further enhance its core competitiveness and sustainable profitability, promote the high-quality development of China’s new energy sector, and advance the global evolution of high-performance and low-carbon power batteries.

▲ Nearly 200 Tons of the New-Generation Ultra-High Nickel 9-Series Core-Shell Ternary Precursor Ready for Shipment

Generasi baru teknologi prekursor nikel ultra-tinggi seri 9 dengan struktur inti-cangkang meningkatkan material prekursor skala mikro dari struktur fase tunggal menjadi struktur tiga fase melalui desain mikrostruktur skala mikro. Proses ini dilakukan tanpa mengubah komposisi logam keseluruhan dari material, sehingga memastikan kepadatan energi tinggi sambil meningkatkan performa siklus dan keselamatan. Material inti-cangkang secara efektif meningkatkan usia pakai baterai dan keselamatan, memberikan solusi untuk mengatasi tantangan keseimbangan antara keselamatan dan siklus dalam kendaraan energi baru di tingkat material. Produk teknologi ultra ini merupakan alat kuat bagi perusahaan untuk menguasai pasar global. Dengan produk prekursor berkualitas tinggi, perusahaan telah mengamankan pesanan global untuk pasar premium di Jepang, Korea Selatan, dan Eropa, memastikan bahwa pasar ekspor tidak terpengaruh oleh kebijakan tarif AS.

▲ The New-generation Ultra-high Nickel 9-series Core-shell Ternary Precursor Ensures High Energy Density While Improving Cycle and Safety Performance.

Since 2019, GEM has implemented a global industrial layout in countries such as Indonesia and South Korea, partnering with Indonesian nickel resource enterprises and South Korean new energy industry chain companies to establish a globally competitive upstream and downstream industry alliance: “nickel resources — ternary precursor — ternary materials.” In Indonesia, GEM has built a high-tech smelting capacity for nickel resource products (MHP) totaling 150,000 metric tons of nickel per year and an annual production capacity of 50,000 tons of high-nickel ternary precursor materials. This has effectively mitigated global adverse factors and stabilized core markets worldwide.Over the past three years of global industry competition and internal refinement, GEM has forged remarkable resilience amid trade frictions, opening new channels for business and performance growth.In the first quarter of 2025, GEM achieved strong production and sales, with capacity utilization exceeding 95%, remaining resilient despite U.S. tariff policies, effectively countering global industry disruptions. GEM’s nickel metal production and sales exceeded expectations, with shipments surpassing 25,000 tons. The mass production and commercialization of the new-generation ultra-high nickel 9-series core-shell ternary precursor will effectively advance our 2025 operational goals and positively impact its financial performance.