Hunan Yuneng Chooses Malaysia for its South East Asian lithium Battery Manufacturing Hub

NEGERI SEMBILAN, 8 AUGUST 2025 – Leading Chinese battery manufacturer Hunan Yuneng New Energy Battery Material Co., Ltd. (“Hunan Yuneng”) has officially committed to establishing its first Southeast Asian manufacturing facility in Malaysia. The company signed a Memorandum of Understanding (MoU) with Invest Negeri Sembilan and SPD Tech Valley Sdn. Bhd. on August 7, 2025, marking a significant milestone in Malaysia’s growing clean energy sector.

The new state-of-the-art manufacturing facility in Malaysia will be dedicated primarily to producing lithium battery cathode materials. This project represents Hunan Yuneng’s inaugural presence in Malaysia and expected to create over 200 new job opportunities, demonstrating the company’s commitment to Malaysia’s continuous economic development

The MoU was formally signed between YBhg. Dato’ Hj. Najmuddin Sharif Bin Sarimon, Chief Operating Officer of Invest NS, Mr. Liang Kai, Deputy CEO of Hunan Yuneng and Mr. Ten Wee Seong, CEO of SPD Tech Valley. The signing ceremony was witnessed by YAB Dato’ Seri Utama Haji Aminuddin Bin Harun, Menteri Besar Negeri Sembilan, highlighting the strategic significance of this collaboration.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), said, ” This MoU marks a significant milestone that aligns perfectly with Malaysia’s long-term industrial transformation plans under the Thirteenth Malaysia Plan and the New Industrial Master Plan 2030. We’ve identified sustainability, innovation, and advanced technology as key pillars driving our nation’s growth, and this investment by the company aligns strongly with all these priorities. MIDA stands ready to support this project with our full range of facilitation services and ecosystem development initiatives. Having Hunan Yuneng’s technical expertise, combined with strong local partnerships, puts Malaysia in an excellent position to strengthen our global clean energy value chain.”

Mr. Liang Kai, Deputy CEO of Hunan Yuneng, said, “Malaysia has successfully drawn a growing cluster of Chinese enterprises across the entire new-energy battery industry to establish operations. The forthcoming Malaysian facility will serve as Hunan Yuneng’s strategic springboard for expanding throughout Southeast Asia. Hunan Yuneng’s participation will materially strengthen Malaysia’s new-energy battery ecosystem, elevating the nation’s position as a comprehensive industry hub in the region.”

In Q12025, Malaysia approved RM89.8 billion in investments, with the manufacturing sector accounting for RM30.5 billion. Notably, the chemicals and chemical products sub-sector attracted RM4.2 billion, ranking third among contributors to manufacturing investment – a trend that underscores investor confidence in Malaysia’s industrial diversification.

From left to right – Yang Berusaha Mr. Ten Wee SeongChief Executive Officer, Seri Pajam Development Group; Yang Berbahagia Dato’ Haji Najmuddin Sharif Bin Sarimon,Chief Executive Officer, Invest Negeri Sembilan; Yang Berhormat Dato’ Mohd Zafir Bin Ibrahim State Government Secretary, Negeri Sembilan; Yang Amat Berhormat Dato’ Seri Utama Haji Aminuddin Bin Haji Harun Menteri Besar of Negeri Sembilan;Yang Berusaha Mr. Liang KaiDeputy Chief Executive Officer, Hunan Yuneng New Energy Material Company, Limited; Yang Berhormat Tuan Teo Kok Seong EXCO of Investment and Non-Muslim Affairs, Negeri Sembilan; Yang Berusaha Ms. Surayu Susah Executive Director Manufacturing Development (Resource), MIDA; Yang Berusaha Mr. Ma Guodong Chief Investment Officer, Hunan Yuneng New Energy Battery Material Company, Limited; *Yang Berusaha Mr. Zhou Zhihui Deputy General Manager, Hunan Yuneng New Energy Battery Material Company, Limited;* *Yang Berbahagia Dato’ Ten Ah Man Group Executive Chairman, Seri Pajam Development Group*

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About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

About Hunan Yuneng
Founded in 2016, Hunan Yuneng is headquartered in Hunan, China and quoted in Shenzhen Stock Exchange with stock code 301358. Hunan Yuneng principally engaged in the research and development, production and sales of lithium-ion battery positive electrode materials. The Company’s main products include lithium iron phosphate and other lithium-ion battery positive electrode materials, which are mainly used in lithium-ion batteries such as power batteries and energy storage batteries.

For media enquiries, please contact:

MIDA
Puan Siti Halimaton Mohd. Rejab
Director, Chemical and Advanced Materials Division
Email: [email protected]
Tel.: +603-2267 6701

Hunan Yuneng
Mr. Flynn Ma
Director of Hunan Yuneng New Energy Battery Material Co., Ltd.
Email: [email protected]