Chinese battery manufacturer Hunan Yuneng New Energy Battery Material Co., Ltd. has officially committed to establishing its first Southeast Asian manufacturing facility in Malaysia.
The company signed a Memorandum of Understanding (MoU) with Invest Negeri Sembilan and SPD Tech Valley Sdn. Bhd. on August 7, 2025, marking a significant milestone in Malaysia’s growing clean energy sector, the firm said in a statement on Monday.
The new state-of-the-art manufacturing facility in Malaysia will be dedicated primarily to producing lithium battery cathode materials.
This project represents Hunan Yuneng’s inaugural presence in Malaysia and expected to create over 200 new job opportunities, demonstrating the company’s commitment to Malaysia’s continuous economic development.
“Malaysia has successfully drawn a growing cluster of Chinese enterprises across the entire new-energy battery industry to establish operations,
“The forthcoming Malaysian facility will serve as Hunan Yuneng’s strategic springboard for expanding throughout Southeast Asia,” said Liang Kai, Deputy Chief Executive Officer of Hunan Yuneng,
“Hunan Yuneng’s participation will materially strengthen Malaysia’s new-energy battery ecosystem, elevating the nation’s position as a comprehensive industry hub in the region,” he added.
Meanwhile, Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), said this MoU marks a significant milestone that aligns perfectly with Malaysia’s long-term industrial transformation plans under the Thirteenth Malaysia Plan and the New Industrial Master Plan 2030.
“We’ve identified sustainability, innovation, and advanced technology as key pillars driving our nation’s growth, and this investment by the company aligns strongly with all these priorities,
“MIDA stands ready to support this project with our full range of facilitation services and ecosystem development initiatives,” he added.
He also said having Hunan Yuneng’s technical expertise, combined with strong local partnerships, puts Malaysia in an excellent position to strengthen its global clean energy
value chain.
In the first quarter of 2025, Malaysia approved MYR 89.8 billion ($21.21 billion) in investments, with the manufacturing sector accounting for MYR 30.5 billion ($7.21 billion).
Notably, the chemicals and chemical products sub-sector attracted MYR 4.2 billion ($990 million), ranking third among contributors to manufacturing investment – a trend that underscores investor confidence in Malaysia’s industrial diversification.
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