Breaking Down Nanjing Hanrui Cobalt Co.,Ltd. Financial Health: Key Insights for Investors

From its 1997 founding to its current role on the Shenzhen Stock Exchange (ticker 300618.SZ), Nanjing Hanrui Cobalt has scaled into a multinational cobalt and copper supplier with roughly 1,974 employees across markets including South Korea, Japan, Germany, Switzerland, Israel, India and the United States, delivering a striking 5.95 billion RMB in revenue in 2024-a 24.25% year‑over‑year increase-and maintaining a market capitalization of 13.31 billion RMB as of December 12, 2025; driven by a mission to supply world‑class, ethically managed products, the company commits over 6% of annual revenue to R&D (about 390 million RMB in 2022), targets a 30% reduction in carbon emissions by 2030, and aims to boost international sales by 20% by 2025 while upholding core values of integrity, innovation, sustainability, safety and collaboration that underpin its global expansion and supply‑chain resilience.

Nanjing Hanrui Cobalt Co.,Ltd. (300618.SZ) - Intro

Nanjing Hanrui Cobalt Co.,Ltd. (300618.SZ) is a vertically integrated miner, smelter and processor focused on cobalt and copper products. Established in 1997, the company has evolved into a major supplier of cobalt hydroxide, electrolytic copper, cobalt salts and cobalt powders, serving battery, electronics and specialty materials markets worldwide.

• Founded: 1997
• Listing: Shenzhen Stock Exchange (300618.SZ)
• Workforce: ~1,974 employees
• Key products: cobalt hydroxide, electrolytic copper, cobalt powders, cobalt salts
• Operating footprint: China plus presence in South Korea, Japan, Germany, Switzerland, Israel, India and the United States

Mission

Deliver reliable, high-purity cobalt and copper materials that enable the global energy transition while ensuring sustainable, compliant upstream sourcing and downstream processing.

• Quality commitment: consistent supply of battery-grade cobalt intermediates for EV and battery manufacturers
• Sustainability focus: integrate responsible mining and emissions controls across the value chain
• Customer orientation: long-term partnerships with industrial and battery customers in Asia, Europe and North America

Vision

Be a globally respected supplier in critical battery materials, scaling capacity and technology to support electrification and specialty materials demand while enhancing shareholder value.

• Growth target: expand attributable output and downstream processing to capture higher-margin product mix
• Global integration: deepen commercial relationships across South Korea, Japan, Europe, Israel, India and the U.S.
• Innovation: advance refining and purification processes to meet stricter battery-grade specifications

Core Values

• Integrity - regulatory compliance and transparent reporting to stakeholders and markets
• Safety & Environment - protect workforce and minimize environmental footprint across mining and smelting
• Excellence - continuous process improvement and product quality control
• Customer First - responsiveness and tailored supply solutions for industrial partners
• Long-termism - reinvest in capacity, R&D and sustainable operations to support compound growth

For investor-focused context and shareholder composition, see: Exploring Nanjing Hanrui Cobalt Co.,Ltd. Investor Profile: Who's Buying and Why?

Nanjing Hanrui Cobalt Co.,Ltd. (300618.SZ) - Overview

• Provide world-class cobalt products with strict quality control and full-process traceability.
• Operate with ethical governance and transparency to be a trustworthy global partner.
• Invest in sustainable innovation and responsible environmental management.

• Innovation: sustained R&D intensity (≈6%+ of revenue) to develop higher-value cobalt derivatives and increase processing yields.
• Environmental responsibility: formal targets to cut carbon emissions by 30% by 2030 with investments in energy-efficient technologies.
• Market expansion: push for a 20% uplift in international revenue by 2025 through diversified export channels and regional partnerships.
• Ethical governance: adherence to compliance, traceability in raw material sourcing and anti-corruption policies.
• Supply-chain resilience: contracts and inventory strategies to secure raw-material access and maintain competitive pricing.

• R&D allocation: ~390 million RMB in 2022, enabling pilot production lines, quality analytics, and product certification for battery-grade cobalt salts.
• Capital deployment: targeted CAPEX for process upgrades and emissions control tied to the 2030 carbon goal.
• International strategy: focused sales and service nodes to meet the +20% international revenue objective by 2025.

Nanjing Hanrui Cobalt Co.,Ltd. (300618.SZ) - Mission Statement

• Becoming a global leader in cobalt through continuous technological innovation and quality control.
• Driving sustainable growth by integrating advanced production technologies and environmental management systems.
• Expanding international presence via diversified marketing networks across Asia, Europe, and the Americas.
• Building a trusted brand anchored in product quality, regulatory compliance, and ethical governance.
• Assuming industry leadership in corporate social responsibility, prioritizing worker safety, emissions reduction, and responsible sourcing.

• Innovation: scaling R&D in deep-processing of cobalt, battery-grade materials, and process optimization to improve yield and lower carbon intensity.
• Sustainability: implementing waste minimization, wastewater treatment upgrades, and energy-efficiency projects to reduce emissions and resource consumption.
• Market development: establishing regional marketing and logistics nodes to support OEMs and battery manufacturers in target markets.
• Governance & ethics: strengthening supply-chain due diligence and transparent reporting aligned with international standards.

Nanjing Hanrui Cobalt Co.,Ltd. (300618.SZ) - Vision Statement

• Integrity - adherence to transparent governance, full regulatory compliance, and honest disclosure across financial reporting and supplier relationships.
• Innovation - continuous investment in R&D to improve product purity, process efficiency, and new-material development for next-generation batteries.
• Sustainability - commitment to responsible sourcing, circular practices, and measurable reductions in emissions and waste intensity.
• Safety - rigorous, site-level safety protocols and training to protect employees, contractors, and adjacent communities.
• Collaboration - partnerships with battery makers, miners, research institutes, and local governments to align supply, technology, and social outcomes.
• Ethical supply chain - strict supplier due diligence, anti-corruption measures, and traceability efforts to ensure responsible cobalt sourcing.

• Integrity: standardized financial controls, external audits, and quarterly disclosure cadence to shareholders and regulators.
• Innovation: centralized R&D centers plus collaborative programs with universities and OEMs to reduce cobalt usage per kWh and enhance material performance.
• Sustainability: implementation of water-reuse systems, tailings management improvements, and procurement policies favoring certified and traceable cobalt sources.
• Safety: mandatory training, contractor management protocols, and real-time monitoring at chemical processing lines and storage facilities.
• Collaboration: joint development agreements, long-term offtake contracts with battery manufacturers, and community investment programs in manufacturing regions.
• Ethical practices: supplier code of conduct, on-site audits, and remediation plans for non-compliance.

• Long-term offtake and co-development contracts with cathode makers to secure feedstock demand and jointly reduce material carbon intensity.
• Capital projects prioritizing closed-loop water systems and flue-gas recovery to meet CO2 and water-intensity targets.
• Supplier audits and remediation programs to ensure alignment with ethical sourcing and anti-corruption standards.