Ningbo Shanshan Co., Ltd. (“Shanshan”, stock code: 600884) was established in 1992. Shanshan became the first listed apparel company in China in 1997. Shanshan launched a strategic transformation towards the new energy industry in 1999. Started with anode materials, and later expanded into cathode materials and electrolytes, Shanshan has accumulated more than 20 years of experience in R&D and scale production of lithium battery materials. Shanshan is a forerunner and leader in lithium battery materials.

In February 2021, Shanshan acquired LG Chem's polarizer business to tap into the market of LCD polarizer. With innovation, technological capabilities and key solutions, Shanshan is able to localize the production of high-end polarizers, becoming the world's largest polarizer manufacturer with leading technologies.

Shanshan Co., Ltd. is one of the first enterprises to enter the lithium-ion battery material market in China. After years of development, the company's products have included lithium-ion battery cathode materials, cathode materials and electrolyte, and has set up a number of production enterprises in Changsha, Ningxia, Shanghai, Ningbo, Chenzhou, Ningde, Dongguan, Quzhou and other places.

宁波杉杉股份有限公司成立于1992年，公司自1996年A股上市以来由国内第一家上市的服装企业转型为新能源产业领军企业，现有业务覆盖锂离子电池材料、电池系统集成（包括锂离子电容、动力电池PACK）、能源管理服务和充电桩建设及新能源汽车运营等新能源业务，以及服装、创投和融资租赁等业务，其中新能源业务已经成为公司主要的业绩来源及未来发展重点。经过多年发展，杉杉股份已经成为全球规模最大的锂离子电池材料综合供应商，并一直致力于将公司打造成为全球新能源产业的领导者。

2021年，杉杉股份成功并购LG化学偏光片，驶入极具价值的“黄金赛道”，形成“双主业、双驱动”发展新格局。

杉杉股份系国内首批进入锂离子电池材料市场的企业，经过多年发展，公司经营产品已囊括锂离子电池正极材料、负极材料和电解液，并在长沙、宁夏、上海、宁波、郴州、宁德、东莞、衢州等地设有多家生产企业。