Xingyuan Materials was established in September 2003. It is a national high-tech enterprise in the field of new energy materials in China's strategic emerging industries. It was listed on the Shenzhen Stock Exchange in December 2016. Xingyuan Materials is the world's first company to propose a 'power lithium battery separator. The concept of the National Torch Plan focuses on high-tech enterprises and is the first company in China to break the foreign monopoly of lithium battery diaphragm dry-single-strip technology.