Successful Transformation Of &Nbsp; Shanshan Stock 550 Million To Build Lithium Battery Project

The Ministry of industry and Commerce announced in June 22nd that the development plan for energy saving and new energy vehicle industry (2011-2020) has been basically completed. The Ministry of industry and Commerce will conduct research on domestic energy saving and new energy vehicle and key parts enterprises and research institutes, in order to further determine the specific implementation plan and key support direction of the plan. The industry said that once the plan was promulgated, it will certainly raise a new wave of investment in new energy vehicles. As the heart of electric vehicles, the performance of power batteries is the key to the industrialization of electric vehicles, and will also attract market attention.

On the day before the plan was announced, Shanshan stock company (600884), known as the producer of technical barriers and higher qualification requirements, is also aware of the foresight. The announcement said that after the board meeting was approved by the board of directors, the company plans to set up item company by the wholly-owned subsidiary of Shanshan new energy. As an investment entity, it plans to invest in the construction of key materials for lithium-ion battery, with a planned capital of 200 million yuan, with an investment scale of about 550 million yuan. It is mainly engaged in R & D, production and sales of lithium ion batteries and other related materials.

Implementation of lithium power industry chain profit Ability to be promoted

As a successful transformation of the garment industry, the concept of lithium battery Shanshan shares, in recent years in lithium battery business can be described as "rising to the wind". As the largest supplier of comprehensive materials for lithium ion batteries in China, Shanshan Group has been involved in lithium battery positive electrode, electrolyte and even nickel cobalt ore project for ten years, and vertically integrated the upstream and downstream industrial chain of lithium battery, and has a complete solution for lithium battery materials. The products cover lithium battery cathode materials, anode materials and electrolytes. The positive products include lithium cobalt oxide, lithium manganese oxide, nickel cobalt two yuan system, nickel cobalt manganese three yuan system, lithium iron phosphate and other products. The negative products include four series of mature products, including mesophase series, artificial graphite series, natural graphite series and comprehensive type series. The electrolyte products include various types of lithium ion battery electrolyte and various high purity organic solvents.

Is currently actively implementing Lithium power industry Chain strategy, and strive to open up the upstream and downstream industry chain and the existing industry's optimization and integration and horizontal expansion. In the upstream industry, the company reached a cooperation framework agreement with the Australian HeronResourcesLtd. on the Yerilla nickel cobalt mine project. At the same time, the company continued to actively search for suitable acquisition opportunities for mineral resources, stabilize the supply of upstream raw materials through locking up mineral resources, and at the same time, actively participate in the downstream lithium battery industry. The company jointly established the Ningbo Aerospace Shanshan Electric Vehicle Technology Development Co., Ltd. in January 2011 with the Shanghai Aerospace Power Technology Research Institute, and a wholly owned subsidiary, Shanshan New Energy Technology Development Co., Ltd., 94%, owns a share of the company. The company will take the platform as a platform to participate in the downstream new energy vehicle industry, thus completing the industrial layout from upstream mine (Yerilla), middle lithium battery (Hunan Haina) to electric vehicle terminal (Aerospace Shanshan).

Thanks to the advantages of the company's market integration and industrial chain integration, in 2010, the company's lithium battery business grew rapidly, achieving sales revenue of 1 billion 260 million yuan, an increase of 62.6% over the same period last year, operating profit of 253 million yuan, an increase of 95.81% over the same period last year.

Policy support to seize the opportunity

At present, the state puts forward the regulations on reducing vehicle and vessel tax on new energy vehicles, and Beijing is also planning a new preferential policy. When consumers purchase pure electric vehicles, they will enjoy the special offer of "no Yaohao, no limit line, no tax payment (national payment)", which will play a great role in promoting the market promotion of new energy vehicle in the future.

Boston consulting firm recently predicted that 5 million electric vehicles will be on the road in the next 10 years, and will become the world's largest electric vehicle market by 2020. With the industry experience and market position, the company will take the lead in the integration and scale advantages of the power lithium battery material industry, and is expected to become the first beneficiary of the start of the electric vehicle market.

"Domestic electric vehicles will use lithium batteries as the main driving force. Chinese fir The layout of the lithium battery industry chain is perfect, the clothing and textile business tends to be high-end, the investment income is good, the multi point pull, the performance increases sharply, favors the company's leading position and the development potential in the lithium ion battery domain, and is expected to become the future lithium battery boss.