Investment of 13.5 billion! Trillion giants are investing in new projects, and the wave of production expansion continues...

There are new moves in the Ningde era!

Ningde Times issued an announcement on the evening of September 13 that it plans to invest in the construction of a new-type lithium battery production base (Yichun) project in Yichun City, Jiangxi Province. The total investment of the project will not exceed RMB 13.5 billion.

According to the announcement, the source of funds is self-raised by the company, and it is estimated that it will not exceed 30 months from the start of construction, and the actual construction situation shall prevail.

The announcement stated that the company's investment in the construction of the production base is in line with the company's strategic development plan, and will further improve the company's production capacity layout, meet the company's future business development and market expansion needs, and is of great significance to promote the company's long-term stable development. The investment and construction of this project will increase the company's capital expenditure and cash expenditure, but in the long run it will have a positive impact on the company's business layout and operating performance, which is in the interest of all shareholders of the company.

Prior to this, at the end of July, the Jiangxi Provincial Government and the Municipal Government respectively signed a strategic cooperation framework agreement with Ningde Times New Energy Technology Co., Ltd. in Nanchang. Provincial Party Secretary Liu Qi met with Ningde Times Chairman Zeng Yuqun and his party.

It is worth mentioning that Ningde Times recently announced that on September 9, the company and Chongqing Jinkang New Energy Automobile Co., Ltd. ("Chongqing Jinkang") signed the "Five-Year Supply and Demand Linkage and Capacity Guarantee Framework Agreement." Times will supply power battery products to Chongqing Jinkang from 2022 to 2026.

Chongqing Jinkang is a subsidiary of Chongqing Xiaokang Industrial Group Co., Ltd. (stock abbreviation: Xiaokang Co., Ltd.; stock code: 601127). A comprehensive automobile manufacturing enterprise integrating manufacturing, sales and service.

As of the close of September 13, Ningde Times reported 502.8 yuan per share, with a total market value of 1,171 billion yuan.

A fixed increase of 58.2 billion yuan in August

In August, CATL announced a fixed increase plan to raise funds from the issuance of shares to no more than 35 specific targets, with a total amount of no more than 58.2 billion yuan.

Ningde Times stated that this fixed increase is in the context of achieving the "dual carbon" goal. New energy vehicles and energy storage industries will usher in a broad space for development. In order to meet the rapidly growing market demand, the company needs to be forward-looking layout.

It is reported that Ningde Times will use the funds raised this time to further expand production capacity, meet the rapidly growing market demand, and stabilize the company's industry position; on the other hand, it is also to increase R&D investment, expand R&D fields, and consolidate technological advantages.

The raised 58.2 billion yuan will be used for 7 projects, namely the Fuding Times Lithium-ion Battery Production Base Project (newly increased annual production capacity of lithium-ion batteries by approximately 60GWh), Guangdong Ruiqing Times Lithium-ion Battery Production Project Phase I (newly added lithium The annual production capacity of ion batteries is about 30GWh), Ningde era new energy advanced technology research and development and application projects (development of key material systems for new generation power and energy storage batteries, key materials and equipment development of the sodium ion battery industry chain, etc.), supplementary working capital, etc.

It is reported that the research and development projects in this fundraising project will be used to build a key technology research and development platform for the development of the new energy industry, purchase corresponding research and development equipment and software systems, etc., to carry out research and development, structural design and intelligence of key material systems for a new generation of power and energy storage batteries Manufacturing, development of key materials and equipment in the sodium-ion battery industry chain, large-scale energy storage systems, smart energy networks, etc., to promote the research and development and industrial application of advanced new energy technologies.

Industry expansion boom continues

In fact, since August this year, there has been a wave of expansion in the lithium battery industry. According to incomplete statistics, in the near future, lithium battery companies such as Changyuan Like, Yiwei Lithium Energy, Tianhua Super Clean, Yongtai Technology, Ganfeng Lithium, Shanshan Co., Ltd., Yiwei Lithium Energy and other lithium battery companies have officially announced the expansion of production.

Changyuan Lico announced that Hunan Changyuan Lico New Energy Co., Ltd., a wholly-owned subsidiary of the company, intends to invest in the construction of the second phase of the expansion of automotive lithium battery cathode materials and build a 40,000 tons/year cathode material production line. The total investment of the project is about 33.39. 100 million yuan.

Yiwei Lithium Energy and Tongling Huachuang Innovation Materials Co., Ltd. signed a "joint venture contract", and the two parties intend to establish a joint venture company by means of joint investment. The registered capital of the joint venture company is planned to be 480 million yuan, of which Yiwei Lithium will subscribe 144 million yuan and hold 30% of the joint venture. The joint venture project plans to build an annual output of 100,000 tons of lithium battery copper foil, and the first phase plans to build an annual output of 20,000 tons of lithium battery copper foil.

Tianhua Super-Clean announced that the company plans to build a new energy lithium battery material project with an annual output of 50,000 tons in Jiang'an County. The total investment is estimated to be about 2.3 billion yuan. The first phase of the project is planned to be completed by the end of 2022, and the second phase of the project is planned for 2024 It will be completed before June 30.

Yongtai Technology announced that its wholly-owned subsidiary Inner Mongolia Yongtai intends to use self-raised funds to invest in projects with an annual output of 25,000 tons of VC and 5,000 tons of FEC, with a total investment of 450 million yuan. The main products of the project, VC and FEC, are important additives for the production of lithium battery electrolyte.

Tianneng shares announced that the company intends to use super-raised funds and its own funds to increase capital to its subsidiary Huzhou New Energy to implement the annual production of 10GWh lithium battery project in Huzhou South Taihu Base. The estimated total investment of the project is 3.973 billion yuan.

Fengyuan Co., Ltd. announced that Shandong Fengyuan Lithium Energy Technology Co., Ltd., a wholly-owned subsidiary of the company, intends to sign the "Investment Cooperation Agreement on the "Lithium Battery Cathode Material Production Base Project"" with the Administrative Committee of Anqing Economic Development Zone. Invest in the construction of an annual production base of 50,000 tons of lithium iron phosphate cathode materials for lithium batteries.

Zhongke Electric disclosed the fixed increase plan. The company plans to raise funds not to exceed 2.206 billion yuan for the production base project of Hunan Zhongke Xingcheng Graphite Co., Ltd. with an annual output of 50,000 tons of lithium battery anode materials and an annual output of 30,000 tons of lithium battery anode materials. And 45,000 tons of graphitization processing construction projects.

Tianci Materials announced that it agreed to the company’s wholly-owned subsidiary Nantong Tianci Materials to invest in the construction of a 350,000-ton lithium battery and fluorine-containing new material project (Phase I), with a total investment of 1.766 billion yuan in the first phase of the project; agree to the company’s wholly-owned subsidiary Jiujiang Tianci Hi-tech invests in the construction of a lithium battery material project with an annual output of 200,000 tons, with a total investment of 1.403 billion yuan.

Boliwei announced that the company and the government of Wangniudun Town, Dongguan City intend to sign an investment agreement to invest in the R&D and production headquarters project of lithium batteries and energy storage batteries. The total investment of the project is about 3 billion yuan. It is invested in two phases and is expected to be completed in 5-6 years. 

Ganfeng Lithium announced that its subsidiary, Ganfeng Lithium, intends to invest 8.4 billion yuan in its own funds to build a new type of lithium battery project with an annual output of 15GWh.

Shanshan shares said it plans to build an integrated base project for lithium-ion battery anode materials with an annual output of 200,000 tons, and the planned total fixed asset investment is about 8 billion yuan.

Yiwei Lithium Energy announced that it plans to cooperate with Enjie to manufacture lithium-ion battery isolation films and coating films, with a total project investment of 5.2 billion yuan.

Xinzhoubang announced that it plans to use the wholly-owned subsidiary of the Netherlands Xinzhoubang as the main body to invest in the construction of the Dutch Xinzhoubang lithium-ion battery electrolyte and materials project in Muldek, the Netherlands. The total investment of the project is about 1.5 billion yuan.