china tech

China Sun Group High-Tech Co. Ltd., through its operating company, Dalian Xinyang High-Tech Development Co. Ltd (DLXY), is a large producer of cobaltosic oxide and lithium cobalt oxide, both anode materials for lithium ion batteries. According to the China Battery Industry Association, which conducts research of and puts forth reports on the battery industry, China Sun Group has the second largest cobalt series production capacity in the People's Republic of China.
Lithium batteries are becoming widely used due to their power capacity, long service life, and compatibility with carbon cathode materials, necessary for battery circuitry. DLXY's current operations are solely in the People's Republic of China
China Sun Group was put into receivership in 2018 when the Delaware Chancery Court appointed Robert W. Seiden of The Seiden Group as Receiver.

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