Enchem was established in 2012 and focuses on the research and development of secondary batteries, electrolytes for EDLC and high-function additives and the production of electrolytes. Enchem achieved the commercialization of the second generation of electric vehicle electrolyte in 2013. At present, it has become a representative manufacturer of electrolytes in South Korea and a leading company in the global electrolyte industry. At present, the electrolyte enterprises that have built production bases in three continents and four countries () have always aimed at globalization and localization, and strive to achieve innovative development.

Yienke New Energy Technology (Zhangjiagang Free Trade Zone) Co., Ltd. was established on January 25, 2018. Its business scope includes the research and development and production of electrolytes and electrolyte-related additives, electrolytes and related raw materials trade, etc.