Chinese battery maker Hunan Yuneng picks Negri Sembilan for regional hub

Hunan Yuneng New Energy Battery Material Co Ltd will establish its first Southeast Asian manufacturing facility in Malaysia.

KUALA LUMPUR: Chinese battery manufacturer Hunan Yuneng New Energy Battery Material Co Ltd will establish its first Southeast Asian manufacturing facility in Malaysia, primarily to produce lithium battery cathode materials.

The company has signed a memorandum of understanding (MoU) with Invest Negeri Sembilan and SPD Tech Valley Sdn Bhd for the project, marking its inaugural presence in Malaysia, said the Malaysian Investment Development Authority (Mida).

The MoU was signed by Invest Negeri Sembilan chief operating officer Datuk Najmuddin Sharif Sarimon, Hunan Yuneng deputy chief executive officer Liang Kai and SPD Tech Valley chief executive officer Ten Wee Seong.

Mida chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the project, which is expected to create 200 jobs, supports the country's long-term industrial transformation plans under the 13th Malaysia Plan and the New Industrial Master Plan 2030. News link: https://www.nst.com.my/business/corporate/2025/08/1257171/chinese-battery-maker-hunan-yuneng-picks-negri-sembilan-regional