1.2 billion investment in lithium-ion battery precision structural parts project, Ningbo Founder's daily limit
On November 10, Ningbo Fangzheng closed at the daily limit, the stock price rose 20.00%, the closing price was 33.60 yuan, and the market value was 3.575 billion yuan. The reason for the rise was a piece of news from the company last night:
On November 9, Ningbo Founder announced that in order to continue to promote the company's overall development strategy, further improve and strengthen the national layout of the company's business, further improve the company's industrial chain collaborative innovation system, and strengthen new materials, new technologies, and new processes. Application promotion, make full use of the industrial cluster location advantages of Anhui Province. The company intends to sign the "Anhui Chaohu Economic Development Zone Management Committee and Ningbo Fangzheng Automobile Mould Co., Ltd. Investment Cooperation Agreement on the Production Project of New Energy Lithium-ion Battery Precision Structural Parts" with the Anhui Chaohu Economic Development Zone Management Committee. Set up a holding subsidiary and plan to invest in the construction of new energy lithium-ion battery precision structural parts and parts production projects. The total investment of the project is about 1.2 billion yuan, which will be invested and constructed in two phases.
In terms of construction content and scale, Ningbo Fang is leasing a 20,000-square-meter factory building in the first phase of the Chaohu Economic Development Zone, Anhui Province, to build 12 production lines for lithium-ion battery structural parts and their components, mainly engaged in the production of square and cylindrical battery structural parts , manufacturing and sales. On the basis of the production capacity of the first phase, the planned area of the second phase is about 120 mu, and 40 new production lines and lithium-ion battery pack assembly lines will be added.
Ningbo Fangzheng said that this cooperation will help both parties give full play to their respective resources and advantages, promote Ningbo Fangzheng's entry into the lithium-ion battery structural parts industry, and at the same time drive the further development of the company's own lithium-ion battery automation equipment business, and promote the company's foothold in the lithium-ion battery industry. Quality sustainable development.
On the same day, the 10th meeting of the second board of directors of Ningbo Founder reviewed and approved the "Proposal on the Joint Investment and Establishment of Joint Ventures and Related Transactions with Related Parties". , among which, Ningbo Fangzheng subscribed and contributed 134 million yuan in currency, holding 50.05% of the equity; Anhui High-tech Investment New Materials Industry Fund Partnership (Limited Partnership) subscribed and contributed 80 million yuan in currency, holding 29.97% of the equity %; Shenzhen Qianhai Glory Capital Management Co., Ltd. subscribed and contributed 17.7778 million yuan in currency, with a shareholding ratio of 6.66%; Anqing Jintong Yi'an Investment Management Partnership (Limited Partnership) subscribed and contributed 17.7778 million yuan in currency, The shareholding ratio is 6.66%; Guangzhou Fenghua Industrial Investment Partnership (Limited Partnership) subscribed for 17.7778 million yuan in currency, holding the shareholding ratio of 6.66%.
Specifically, Anhui Fangzheng's registered address is Hechao Industrial New City, Chaohu District, Hefei City, Anhui Province. Its business scope includes production and sales of battery spare parts, electronic spare parts, and metal parts. The joint venture will actively deploy the lithium-ion battery structural parts industry, build a production line for lithium-ion battery structural parts and their components, and focus on the R&D, production, manufacturing and sales of square and cylindrical battery structural parts in the future.
Ningbo Fangzheng said that the company, Anhui High-tech Investment and other investors as co-investors intend to initiate the establishment of a joint venture company in order to make full use of the existing resources of all parties and complement the advantages of related parties. The joint venture company will cut into the new energy industry and focus on lithium ion In the battery structural parts industry, the company actively promotes the company to rely on talents to focus on business innovation, transformation and development, and create new profit growth points for the company's future development.
On November 10, Ningbo Fangzheng said on the investor interaction platform that the investment project is the company's plan to further enter the new energy lithium-ion battery structural parts industry based on the technical advantages of the original automobile molds and intelligent equipment production lines. The goal is expected to create a new profit growth point for the company, further improve the company's industrial layout, increase market development efforts, and at the same time promote the company's transformation, upgrading and long-term development.
It is understood that precision structural parts are an important part of the power lithium-ion battery, which is mainly composed of the top cover of the battery cell shell, the steel/aluminum shell, and the positive and negative electrode soft connections, which directly affect the sealing performance and energy density of the battery.
Studies have shown that the precision structural parts of lithium-ion batteries can first disconnect the circuit when the lithium-ion battery is thermally runaway to prevent further overcharging of the lithium-ion battery. When the internal pressure rises, release the pressure in time to prevent the explosion of the lithium-ion battery cell.
The data shows that the domestic lithium-ion battery structural parts market scale in 2020 is 7.6 billion yuan (excluding the demand for structural parts of foreign battery factories in China), a year-on-year increase of 22%; it is predicted that it will increase to 12.5 billion yuan in 2021 and 27 billion yuan in 2025. Yuan. Seeing the huge potential of lithium-ion battery structural parts, many domestic companies have increased their investment in this field since the beginning of this year.
On the evening of January 4, Changying Precision announced that the company plans to build three automatic production line projects for power lithium-ion battery structural parts, with a total investment of 2 billion yuan. Among them, the investment of Changzhou Changying New Energy Vehicle Power Li-ion Battery Structural Automatic Production Line Project shall not exceed 500 million yuan; the investment of Ningde Changying New Energy Vehicle Power Li-ion Battery Structural Automatic Production Line Project shall not exceed 300 million yuan; The first phase investment of Yibin Changying New Energy Vehicle Power Li-ion Battery Structural Automatic Production Line Project is 1.2 billion yuan.
On January 18, the Redefine New Energy Precision Structural Project with a total investment of 1.5 billion was signed in Jintan, Changzhou. The products of the project are mainly used in lithium iron phosphate and ternary batteries. After the project is completed, the output is expected to reach 6 million sets/day.
On February 4, Kodali announced that the company intends to invest and set up a wholly-owned subsidiary in Yibin City, Sichuan Province and invest in the construction of Kodali Sichuan Yibin New Energy Power Li-ion Battery Precision with its own funds of no more than 1 billion yuan. Structure item. The total investment of Sichuan Yibin New Energy Power Li-ion Battery Precision Structural Parts Project does not exceed 1 billion yuan. The project is constructed in two phases. It is expected that the annual output value will be about 2 billion yuan after the project is put into production; on February 23, the investment of 10 The foundation stone laying ceremony of the Kedali New Energy Power Li-ion Battery Precision Structural Parts Project was held in Yibin Sanjiang New Area.
In addition, at the end of last month, the public issuance plan of convertible corporate bonds announced by Kodali showed that the total amount of funds raised by the company to issue convertible bonds did not exceed 1.6 billion yuan (including 1.6 billion yuan). After deducting issuance expenses, the net amount of funds raised It will be used for the new energy power lithium-ion battery precision structural parts project, the new energy vehicle lithium-ion battery precision structural parts project (phase II), etc.
On March 29, Zhenyu Technology stated that the company intends to use its own or self-raised funds to build a new energy power lithium-ion battery roof project with an annual output of 900 million pieces in Ningbo Binhai Economic Development Zone. The total investment of the project is not expected to exceed 1.6 billion yuan.
On April 23, Zhenyu Technology issued another announcement that the company plans to invest in the construction of new energy power lithium-ion battery precision structural parts projects in Liyang, Jiangsu, Ningde Fuan and Sichuan Yibin. The proposed total investment of the three projects is 1.6 billion yuan, 400 million yuan and 500 million yuan respectively, totaling 2.5 billion yuan.
On June 5th, Hefei Lixiang Battery Technology Co., Ltd. with a total investment of 2.5 billion yuan lithium-ion battery structural parts project settled in Jiangxi Yichun Economic Development Zone. It is reported that Hefei Lixiang Battery Technology Co., Ltd. is the leading company in the field of lithium-ion battery aluminum shell and cover plate. Battery head company.
On October 19, Zhongyuan New Materials announced that Zhongyuan Investment, a wholly-owned subsidiary of the company, intends to jointly invest with ProSlide Investments to form Zhongyuan New Energy. The registered capital and paid-in capital of Zhongyuan New Energy are 22 million yuan, and its main products are metal structural parts for power lithium-ion batteries.
Soochow Securities estimates that the global demand for lithium-ion batteries will reach 400GWh+ in 2021, corresponding to a market space of about 13 billion yuan for structural parts. In 2022, the demand for power lithium-ion batteries will increase by 50%-60%, and the proportion of square power lithium-ion batteries will further increase. It is expected that the global market space for power lithium-ion battery structural parts will reach 22 billion yuan in 2022.
In short, under the background of the continuous popularity of new energy vehicles and power lithium-ion batteries, the power lithium-ion battery precision structural parts industry will also usher in a broad space for development, or attract more companies to invest in it.
