# Who does BTR New Material Group Co., Ltd pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/btr-new-material · Facet: suppliers · Updated: 2026-07-12T06:19:05.041782+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: BTR New Material Group Co., Ltd discloses no named confirmed suppliers/cost counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 cost edges, backed by 2 dated sources, 0 of them primary filings (as of 2026-07-12).

### 흑연 원료·코크스 (천연흑연·석유/침상코크스) (mid)
- note: The main input cost is graphite feedstock, natural graphite and the petroleum/needle coke behind artificial graphite; 2024 cost of sales was RMB 10.96B.
- [confirms] Securities Times (ZH, news, published 2025-04-15) https://www.stcn.com/article/detail/1665254.html: "BTR's 2024 revenue was RMB 14.237B, cost of sales RMB 10.96B and gross margin improved to 23.02%."

### 전력 (흑연화 공정) (mid)
- note: Graphitization is power-intensive, so electricity is a major cost; BTR runs its Indonesia plant on green power including solar to manage energy cost and carbon.
- [confirms] PR Newswire (EN, news, published 2024-08-07) https://www.prnewswire.com/news-releases/btrs-indonesian-facility-becomes-largest-anode-plant-outside-china-302216431.html: "The Indonesia facility operates on green power, including a photovoltaic plant exceeding 10 MWh capacity."

Reverse side: https://valuechain.wiki/btr-new-material/customers.md · Ripple: https://valuechain.wiki/btr-new-material/ripple.md

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Full node: https://valuechain.wiki/btr-new-material.md · JSON: https://valuechain.wiki/btr-new-material.json