The Collection of Lithium Electric Materials -- The New Energy Empire of Shanshan Shares

In the early spring of 2018, all lithium-ion's limelight appeared to be dominated by unicorns, an industry that created lightning records. However, in the era of Ningde all-powerful situation, the performance of other enterprises of lithium electricity can also be a point. Looking back over the past year, Li Feng, Lion Technology, Jinchuan Technology, and Huayou Cobalt have all achieved good development. After a quarter of high cobalt prices, some companies are making more money.

Recently, the 2018 quarterly report of Sugiyama SHARES showed that its operating income during the reporting period reached 1.81 billion yuan, an increase of 17.94 % year-on-year; The net profit attributable to shareholders of listed companies reached 150 million yuan, an increase of 79.54 % year-on-year. Regarding this net profit growth, Shanshan shares in the announcement mainly attributed to the growth of the positive and negative lithium battery material business performance.

The 79 % net profit increase allowed Sugiyama shares to make a good start in 2018, and this is not the first time Sugiyama shares have achieved such impressive results. According to the data consulted, Shanshan SHARES achieved revenue of 8.271 billion yuan in 2017, an increase of 51.07 % year-on-year; The mother's net profit was 896 million yuan, an increase of 171.42! In the past few years, Sugiyama shares have started to grow positively since 2014, and they have been improving year by year. What is it that has kept the Sequoia shares outstanding for four or five years in a row?

The synthesis of lithium electric materials

It is understood that Sugiyama shares was originally a company that specializes in clothing business. At the end of the 20th century, it began to transform into a new energy field. After a difficult transformation, the apparel business accounted for less than 10 % of its revenue in 2016, while the lithium material business accounted for about 75 %. The same is true for 2017, when the apparel business accounts for only about 8 % of its revenue.

After many years of development, Shanshan shares have escaped the impression of the traditional clothing industry and become one of the leading giants in the lithium industry. Compared with other lithium-electric giants, the biggest advantage of fir SHARES lies in the overall layout of the lithium-electric industrial chains. It is the only company in the industry that has a comprehensive layout of positive materials, negative electrode materials, electrolytes, and other links. And in all areas to achieve a leading industry. According to financial reports, Shanshan SHARES ranked first in brand competitiveness in the positive materials field for four consecutive years, negative materials also reached the top last year, and the relatively weak electrolyte business also ranked fourth in the industry.

First of all, in terms of cathode materials, Shanshan's high-end lithium cobalt oxide 4.45V products have entered the supply chain of world famous enterprises such as Apple and Huawei, and have technical and market advantages compared with their counterparts. At the same time, in the current industry's hot ternary materials, Shanshan has developed 811 series ternary cathode materials and mass-produced and promoted single-crystal ternary materials. In addition, in order to ensure the supply of raw materials, Shanshan shares signed an agreement with Luoyang Molybdenum. On this basis, Shanshan Co., Ltd. launched a 100,000-ton positive electrode material project with a view to maximizing the market share and consolidating the leading position of lithium batteries.

In terms of negative materials, the domestic market share of fir shares is as high as 21.8 %, and it has become one of the few companies in the industry that has the capacity to produce Silicon negative materials. Its 100,000-ton negative material integration base project is expected to be put into operation in the first half of 2019. The production of this project will greatly reduce costs and improve the competitiveness of fir shares in the negative material field.

In terms of electrolytes, Shanshan has already put into operation the 20,000-ton electrolyte project in Zhangzhou in November last year, and the 2,000-ton lithium hexafluorophosphate project obtained through the acquisition of Juhua Kailan will also be put into trial production. Although the performance of the field in the first quarter is not satisfactory, the potential of Shanshan shares in the electrolyte can be expected.

Positive and negative materials grab, electrolytic potential is large, as the lithium-electric materials industry, in the overall good situation of the lithium-electric industry, fir shares are expected to continue to make great strides in 2018. In addition to the lithium electric material business, fir SHARES also involve new energy vehicles, photovoltaic power generation and other businesses in the new energy field. From batteries to new energy vehicles; From energy management to photovoltaic power generation, the business territory of fir SHARES has almost covered all aspects of the new energy field, quietly formed a new energy empire. However, compared with the lithium-electric material business, the new energy vehicle and photovoltaic business of Shanshan SHARES seems to need more effort.

New energy vehicles, PV business to break through

In 2015, Sequoia SHARES strongly entered the new energy vehicle market and raised nearly 3.5 billion yuan in research and development of key technologies for new energy vehicles. Started the "dream of making a car" belonging to Sugiyama. However, the difficulty of building a car seems to exceed expectations. Since the addition of a new energy vehicle business, the losses recorded by Sugiyama in this area have gradually expanded in three years. The losses from 2015 to 2017 were 1.51 million yuan, 120 million yuan, and 180 million yuan, respectively. The new energy car business has undoubtedly become the most tardy part of the business landscape owned by Sequoia. The head of the company said that although the business has suffered losses over the years, the company is still optimistic about the new energy car market and will make adjustments in strategy, such as the introduction of joint venture development. Relevant experts believe that although the new energy vehicle business of Shanshan shares is still in a period of loss, its battery system integration, vehicle design and research and development, construction of new energy vehicle charging piles, and new energy vehicle operations have been carried out one after another. Sugiyama shares are expected to achieve performance reversal this year.

In addition, in the field of photovoltaic power generation, Sequoia SHARES mainly expect to use their advantages in the lithium battery field to cut into "photovoltaic + energy storage" to provide energy management and other services. At the same time, it sells photovoltaic components and operates photovoltaic power stations. At present, its holding subsidiary, Eureka, has a total installed capacity of 109.48 MW, of which 29 of the 2017 connected photovoltaic power station projects have a total installed capacity of 98.24 MW. In the years of the rapid development of photovoltaic power generation, the achievements of fir shares in this field are not dazzling. And with the industry's high efficiency trend is obvious, there is no technical advantage, small size enterprises may be difficult to survive in this area. Moreover, due to changes in related policies, the outlook for the 2018 PV market is slightly uncertain. How the fir shares can continue to develop in this area is a problem.

The page contains the contents of the machine translation.