Ionix Technology, Inc., through its wholly owned subsidiaries, sells intelligent electronic equipment, which includes the furnace used in firing for lithium battery, the lithium battery packs, the portable power banks for electronic devices, liquid crystal module and liquid crystal display (LCD) screens and provides IT and solution-oriented services in China. The company is a subsidiary of Shining Glory Investments Limited.
The company engages in the business of research and development, manufa...
Ionix Technology, Inc., through its wholly owned subsidiaries, sells intelligent electronic equipment, which includes the furnace used in firing for lithium battery, the lithium battery packs, the portable power banks for electronic devices, liquid crystal module and liquid crystal display (LCD) screens and provides IT and solution-oriented services in China. The company is a subsidiary of Shining Glory Investments Limited.
The company engages in the business of research and development, manufacturing, and marketing of liquid crystal materials, displays and modules, the battery packs and the electric furnace used in firing for lithium battery in the Peoples Republic of China. It operates through a corporate structure consisting of subsidiaries, variable interest entities, and contractual arrangements.
Products and Projects
Civil Electronics
The company focuses on the development and production of LCD’s and modules for civil electronic products, lithium battery packs. By and through its wholly owned subsidiary, Well Best International Investment Limited and the indirect wholly owned subsidiary, Shenzhen Baileqi Electronic Technology Co., Ltd. (Baileqi Electronics) and Changchun Fangguan Photoelectric Display Technology Co. Ltd, the company has commenced its operations in China. Baileqi is working on an upgrade to traditional LCD screens with display modules that use the crystal method and control muddle system integration for professional manufacturing.
The company engages in exploring the business opportunities in lithium battery -related industry and has formulated a vertically integrated business model that would cover various aspects of the value chain, including deep processing of upstream lithium compounds, production and installation of midstream kun furnaces used in firing the lithium battery, and production of downstream lithium iron phosphate battery packs.
The lithium battery packs and the electric furnace used in firing for lithium battery have been supplied by the subsidiaries of the company. The company also provides service and IT solution for new energy industry.
Distribution
The company’s products are directly shipped from the manufacturers to the distributors and retailers. It has both the long-term contracts with its customers and manufactures according to the purchase orders received. The company would continue to seek additional channels of distribution for its products to include wholesale stores and mass retailers. It plans to focus primarily on distributing its products regionally, starting in Greater China, and would then seek to expand its distribution channels across the U.S. and internationally.
Suppliers
The company; Baileqi Electronics; Changchun Fangguan Electronics Technology Co., Ltd.; Huixiang Energy Technology (Suzhou) Co., Ltd.; and Shijirun (Yixing) Technology Co., Ltd. acquire materials from a list of principal suppliers, such as Panshi Tengfei Electronics Ltd; Shenzhen Yonglitong Electric Technology Ltd; Yixing Weifeng Regong Technology Ltd; and Shenzhen Huachuang Zhongwei Electric Ltd.
Research and Development
During the year ended June 30, 2021, the company’s research and development expenses were $598,338.
History
The company was founded in 2011. It was incorporated in 2011. The company was formerly known as Cambridge Projects Inc. and changed its name to Ionix Technology, Inc. in 2016.