Core Insights - The article discusses the dry battery manufacturing industry in China, focusing on the supply chain structure, regional distribution of companies, and product offerings of key players in the market. Industry Overview - The dry battery supply chain consists of upstream suppliers of raw materials such as manganese dioxide powder, zinc powder, separator paper, steel shells, carbon rods, zinc tubes, and copper pins [1] - The downstream market for dry batteries is characterized by standardized products, with zinc-manganese batteries being widely used in everyday consumer electronics due to their affordability, safety, and reliability [1] Company Distribution - The dry battery industry is primarily concentrated in Guangdong and East China, with Guangdong having 1,841 related companies as of January 2026 [7] - Key manufacturers of dry batteries are mainly located in Eastern China, particularly in Guangdong and Zhejiang provinces, while raw material suppliers are more concentrated in Western China [8] Key Players and Products - Representative companies in the dry battery sector include Anfu Technology, Yema Battery, Zhejiang Hengwei, and Changhong Energy, with varying product offerings and sales strategies [11] - Yema Battery and Zhejiang Hengwei focus heavily on overseas markets, with foreign revenue accounting for 86.15% and 87.05% of their total income, respectively [13] - Anfu Technology and other companies have a more domestic focus, with Anfu's domestic revenue reaching 82.90% [13] Investment Trends - Recent investment activities in the dry battery manufacturing sector have been limited, primarily focusing on battery recycling and material optimization [14]