Nanyang Technology intends to change its name to Space Rainbow and turn to space drone business

The development of Nanyang Technology, which was still on the road for eight years after the lithium battery diaphragm was developed, began to turn to the space drone business after the defeat.

Recently, Nanyang Technology (002389) issued an announcement saying that in order to meet the rapidly growing market demand, it is planned to change the Chinese name of the company to "Space Rainbow No Man Machine Co., Ltd." to better participate in global competition. And submitted to the State Administration for Industry and Commerce Administration to change its name application. At present, the application for rebranding has been approved by the General Administration.

From the composition of the revenue of the 2018 Semi-Annual Report released by Nanyang Technology (see the table below for details),special product manufacturing is the best business in terms of revenue and gross profit. The transformation of Nanyang Technology to this is also understandable.

However, as a listed company that wanted to cut into the lithium battery diaphragm field from 2010, why Nanyang Technology's lithium diaphragm actually had a difficult birth for eight years is still a matter that deserves the attention of the lithium diaphragm peer in the industry.

The process of double-disk Nanyang technology diaphragm can be found that the listed company, which originated from the capacitor film business, landed on the Shenzhen Stock Exchange in 2010 and launched the establishment of Zhejiang Taiyang Lithium Electric Materials Co., Ltd. in September of that year. In the field of lithium battery diaphragm, it plans to invest in an annual production line of 15 million square meters of lithium ion battery diaphragm.

But the project really started two years later. At the end of 2012, Nanyang Technology invested 15.01 million euros in one fell swoop to purchase a new production line for the layout of imported equipment. It is the hope that depends on this group of high-end imported equipment, and Nanyang Technology has accordingly increased the production capacity of the diaphragm to 90 million square meters per year. At the same time, Zhejiang Taiyang Lithium, its subsidiary responsible for the diaphragm business, was renamed Zhejiang Nanyang Xintong New Materials Co., Ltd.

Next, Nanyang Technology began its own bumpy road to create a diaphragm. However, from the latest disclosure of Nanyang Technology's 2018 Semi-Annual Report, its diaphragm business is still on the way: The company's annual production of 90 million square meters of lithium battery diaphragm project has accelerated production lines during the reporting period, and continues to transform equipment and diversify adjustment processes. Improve the yield rate and successfully develop ultra-thin diaphragm. Lay the foundation for improving the competitiveness and added value of the product market.

In particular, Nanyang Technology did not find its lithium diaphragm product in the revenue product composition of Nanyang Technology's 2018 semi-annual report, but the announcement disclosed the financial loss of the diaphragm subsidiary Nanyang Communications. Judging from the performance of Nanyang ICT, a subsidiary of Nanyang Science and Technology in the first half of 2016-2017, Nanyang Technology has already lost a total of 15.69 million yuan in diaphragm investment within two and a half years.

In fact, the company that faces the same dilemma as Nanyang Technology is the Greater Southeast. High-tech Li-electricity learned that Greater Southeast has been involved in lithium diaphragm for more than 7 years and has been involved in lithium ion batteries for at least 5 years. However, due to the unsatisfactory development of the lithium power business and the slow progress in the heavily funded online game field, the net profit audited for the two consecutive fiscal years from 2016 to 2017 in Greater Southeast was negative, and stocks were warned of the risk of delisting since May 2. The abbreviation of the stock was changed from "Greater Southeast" to "* ST Southeast".

On April 28, 2018, Greater Southeast issued an announcement saying that the company will terminate the implementation of the "annual production of 300 million Ah high-energy power lithium-ion battery construction project." There have also been rumors that the troubled Greater Southeast may usher in a change of ownership of the controlling shareholder.

Including many mainstream diaphragm companies in China, the consensus is that in order to achieve large-scale production of diaphragm, in addition to high-end equipment hardware, it is also closely related to the matching of processes and equipment technology debugging. According to statistics from the Institute of Lithium Power Research and Production (GGII), in 2017, there were 55 diaphragm manufacturers in China. During the period from 2015 to 2017, the number of new diaphragm companies in China exceeded 10, but by August 2018 the number of diaphragm companies with mass production and supply capabilities is already less than 40.

The page contains the contents of the machine translation.