# Zhibang Lithium

The Solid State of Wealth: Why China’s Bottled Water King is Pivoting to Battery Tech

Zhong Shanshan, the billionaire founder of Nongfu Spring, has entered the new energy market by investing in solid-state battery startup Zhibang Lithium. Led by industry veteran Dr. Xu Xiaoxiong, the venture seeks to disrupt the EV battery sector by developing next-generation solid electrolytes. The move underscores a strategic pivot from consumer goods to high-tech energy materials among China's elite investors.