Established in October 2017, Inner Mongolia Hengsheng New Energy Technology Co., Ltd. is located in Risun Shangdu Base, Changsheng Industrial Park, Qitai Town, Shangdu County, Ulanqab City, Inner Mongolia Autonomous Region, and is a national high-tech enterprise. In May 2022, Risun Group completed its acquisition and became the first company in Risun's new energy sector. It has a 50,000 tons/year lithium battery negative electrode material front-end and graphitization device, using petroleum coke and needle coke to produce negative electrode materials, forming a complete negative electrode material industry chain, constructing a perfect customer service system and mature production management system, and establishing long-term stable strategic cooperation relationships with well-known enterprises in the industry. It has obtained honorary qualifications such as Autonomous Region Green Factory, Autonomous Region SRDI Enterprise, and Autonomous Region Enterprise Research Center. It has independent intellectual property rights for microwave sintering equipment for lithium-ion battery materials and master the core process technology for negative electrode material production. It has obtained 2 invention patents and 7 utility model patents, and another 3 invention patent applications have reached the examination stage. The lithium battery negative electrode material produced has the advantages of high-energy density, high-rate texture, and high-cycling performance, which determine key indicators such as charging and discharging efficiency and lifespan of downstream lithium battery products.