The "curse" of excess lithium power capacity has been made?

Following the multi-fluoride and Jinlong copper tubes, Henan's local photovoltaic company Xinda Xincai also announced its entry into the lithium battery industry recently.

From the industrial point of view, lithium batteries have become the new "darling" of enterprises. But behind the thousands of troops into the lithium battery industry, whether the industry will appear in the same years as the photo voltaic industry in the past excess capacity situation? In the eyes of the industry, this seems to be a high-probability event.

Gang Fu brand new big new material

Into the lithium battery industry.

On November 9th, nearly a month after the suspension of trading, Xinda Xincai, a photo voltaic listed company in Henan Province, returned with a fixed increase plan.

Among the 30 announcements announced in one breath, in addition to changing the original planned reorganization plan to a targeted increase, it is of particular concern that it intends to invest 349 million yuan in self-built lithium battery negative material projects.

According to the announcement, XDaxin will use the company's own funds to invest in the construction of an annual production project for carbon graphite negative materials for lithium ion batteries with an annual output of 10,000 tons. The project intends to produce lithium ion battery negative electrode materials with artificial graphite and natural graphite as the main raw materials. The total investment of this project is 349 million yuan. The total investment return of the project is expected to be 35.10 %, and the investment recovery period is 3.80 years.

Xinda Xincai was established in 1997. Its main business is the production and sales of cutting edge materials for Silicon wafers. Regarding the reason for this cross-border entry into the lithium battery subdivision industry, Xinda Xincai stated that at present, the company's silicon carbide cutting blade material is being replaced by the King Kong line, and the company is in a crucial period of transformation and development. In order to ensure the sustainable development of the company, The construction of an automated production line with an annual output of 10,000 tons of carbon graphite negative electrode materials for lithium-ion batteries will optimize the company's product structure, increase the company's profit point, and enhance the company's comprehensive competitiveness.

On November 10, Dongmi said in an interview with reporters that according to the established plan, the first phase of the project will be put into production in 10 months.

Two other companies in Henan

Already set foot

In fact, from the local perspective of Henan, the lithium battery industry has long been coveted in addition to the new large and new materials, but also has been deeply involved in the polyfludo and golden dragon copper tubes.

On the second day of the new company's release of new materials into the lithium battery supporting industry, polyfluorosis issued an announcement of the increase in capital for polyfluorinated new energy projects.

The product produced by PFC is an annual output of 300 million Ah Energy-powered lithium ion batteries. According to the polyfluorosis announcement, after the completion of the polyfluorosis increase, the company will use the fundraising funds to increase the capital of the polyfluorosis new energy company by 590 million yuan. After the capital increase is completed, the registered capital of polyfluorosis new energy company will reach 700 million yuan. yuan.

Not only is there more fluoride, but at the end of last month it was just revealed that "the body was married" of the Golden Dragon copper tube. In its new industrial layout, the lithium battery was also placed in the "new pole" position.

Yuezhenting, director of the Jinlong Copper Pipe Office, previously published in the media: "The group's lithium diaphragm production from January to August 2015 reached more than 60 million square meters, ranking first in China and becoming the innovative development of the Jinlong Group. Another 'pole'. On this basis, the group also entered the power cell and lithium vehicles industry. "

More than 30 in the country

Listed company Anbao lithium battery

In fact, it is not only Henan companies that love the lithium battery industry. From a national perspective, with the increase in the promotion of new energy vehicles, the domestic new energy vehicle ownership will reach 5 million vehicles in 2020. The potential market is driving the power battery industry crazy upstream and downstream, and the lithium battery industry is becoming a new "wind port."

According to the data released by the Ministry of Industry and Information Technology, from January to June this year, the total output of lithium ion batteries in China's battery manufacturing industry reached 2.42 billion, a year-on-year increase of 3.8 %. The monthly output of 470 million in June was only natural, an increase of 1.7 % year-on-year. The total revenue of battery manufacturers above designated size in the country has increased by 0.4 % year-on-year, and the total profit has increased by 27.3 % year-on-year. Among them, the total revenue of lithium-ion battery manufacturing companies has increased by 17.4 % year-on-year, and the total profit has increased by 72.8 % year-on-year.

At the same time, according to the newly released data of the three-quarter report, more than 30 listed companies in the country have laid out the lithium battery industry chain upstream and downstream. It is gratifying that under the current stimulus of the new energy vehicle policy, lithium batteries are in short supply. According to statistics from relevant departments, The domestic power battery gap in 2015 has reached about 2GWh.

In this context, more and more companies are entering the lithium battery upstream and downstream industry.

According to statistics from China Battery Network, the incremental investment of listed companies in the first half of this year reached 60 billion yuan, and it is expected that the new investment in power lithium batteries in 2015 will exceed 100 billion yuan. At the same time, the existing battery manufacturers are also doing their utmost to speed up the expansion of production.

A hype

Plucking the "curse" of overcapacity

Although the current domestic lithium battery gap is huge, and with the policy support for new energy vehicles, the gap in the lithium battery industry is likely to be further magnified, but in the current background of rushing to develop lithium batteries, there are already people in the industry worry: the power battery industry crazy layout. Could lead to overcapacity.

This is by no means alarmist, if according to the pace of enterprise madness so far this year, lithium-ion battery industry seems to be taking the old road of photo voltaic industry.

So far this year, companies are planning to produce about 59.6 GWh of lithium-powered batteries, according to EVTank. The industry expects demand for lithium batteries to be around 42.4 Gwh by 2018. From the data alone, overcapacity seems inevitable.

In this regard, a senior executive of an automobile listed company in Henan Province said in an interview with reporters that according to the current development trend of new energy vehicles in the domestic market, the phenomenon of oversupply in the lithium battery industry is a large probability event. "Next year the supply and demand for power cells will reach a brief equilibrium. On the one hand, power cell manufacturers will continue to increase production, while on the other hand, new energy vehicles may enter a period of cooling after a year or so of explosive market growth. The survival of the fittest under market competition will expose the problems of new energy vehicles and eliminate some brands. This will also "cool down" the power battery field.

Zhuo Chuang New Energy Automobile Analyst Bianbinbin also holds the same view. She said that from the current data, the low-end lithium battery industry has seen a situation of overcapacity. If lithium battery companies do not achieve technological breakthroughs, China's power battery industry will only develop huge capacity and excess capacity. Rather than superior capacity.

The page contains the contents of the machine translation.