Nord SHARES lithium copper foil business growth rate obvious multi-dimensional consolidation of the leading position in the copper foil industry

The annual report released by Nord Shares recently showed that the company's operating income in 2017 was 2.538 billion yuan, a year-on-year increase of 26.75 billion yuan; The net profit was 190 million yuan, an increase of 623.23 yuan year-on-year. Nord shares, benefiting from the vigorous development of China's lithium battery industry and new energy automotive industry, the demand for electrolytic copper foil for lithium batteries has risen, and the company's copper foil plate revenue has grown by a large margin, driving the overall performance to increase significantly.

Copper foil business growth rate is obvious

Lithium-electric copper foil, as the carrier and collecting fluid of lithium ion battery negative electrode, is the most basic raw material of lithium ion battery. Nord shares is engaged in the production and sales of high-grade copper foil for lithium ion batteries and the development of lithium battery materials. It is one of the earliest companies to enter the copper foil industry. Huizhou Electronics, a wholly-owned subsidiary, has more than 25 years of experience and technical accumulation in copper foil production.

Data from the China Automobile Industry Association show that in 2017, China's new energy vehicles continued to develop well, with production and sales approaching 800,000 vehicles, reaching 794,000 vehicles and 777,000 vehicles, respectively, a year-on-year increase of 538,000 vehicles and 53.3 vehicles. In 2017, the new energy car market accounted for 2.7 %, an increase of 0.9 percentage points over the previous year. With the vigorous development of the new energy automobile industry and lithium battery industry, the demand for electrolytic copper foil for lithium batteries has risen sharply.

It is reported that Nord shares revenue from copper foil products in 2017 reached 2.169 billion yuan, accounting for more than 85 % of total revenue, a year-on-year increase of 40.96 <UNK>. The company's relevant person in charge told the China Securities Daily that Nord shares have a market share of more than 30 lithium batteries for new energy vehicles and are in the leading position in the industry, which has benefited from the company's years of accumulation in the field of copper foil processing. Significant technology and cost advantages.

Multidimensional consolidation of the leading position in the copper foil industry

Copper foil is an indispensable raw material in new energy automotive power batteries. The shortage of lithium electric copper foil supply has become a bottleneck for the development of new energy automotive lithium batteries, especially the supply of lightweight high-precision copper foil, which directly affects the battery capacity density and weight. According to relevant research reports, due to production technology and scale restrictions, copper foil short-term supply is weak, lithium copper foil gap is large, high-end light copper foil manufacturers are valued by the market.

Nord SHARES aim at the national policy and changes in the supply and demand of lithium copper foil, and have carried out flexible production line transformation and equipment expansion and upgrading of the original standard copper foil production capacity of the subsidiary company. While actively stabilizing the market share of lithium copper foil, it has rapidly expanded production capacity and optimized product structure. We will continue to improve overall competitiveness.

It is reported that in 2017, Nord SHARES completed the upgrading and expansion of Huizhou United Copper Folded Electronic Materials Co., Ltd., a wholly-owned subsidiary, and the production capacity was expanded from the original 2,100 tons/year to 5,000 tons/year. The company's nominal production capacity of copper foil increased from 27100 tons/year. 30000 tons/year. At present, the company's lithium copper foil production energy accounts for more than 80 of the company's effective copper foil production capacity, is one of the largest lithium copper foil production enterprises in China.

Related industry people said that the pursuit of light thin lithium copper foil products is also the main reason for the expansion of demand gaps. At present, the mainstream of the market is 8 micron copper foil, but 6 micron copper foil can improve energy density more than 8 micron copper foil, has become the world's advanced lithium battery companies to choose the direction.

Nord shares is currently one of the few companies in the world that can supply 6 microns of high-precision copper foil. It has carried out long-term cooperation with famous companies such as Ningde era, BYD, Guoxuan Gaoke, and Tianjin Lishen, and is gradually working with Panasonic and LG. Chemistry and other internationally renowned companies establish cooperation relationships. In 2017, Nord SHARES further expanded the production scale of 6-micron copper foil, laying the foundation for subsequent capacity expansion and market expansion.

The person in charge also said that Zigongsiqinghainuode new materials Co., Ltd. annual production of 10000 tons of lithium copper foil project construction is basically completed, and will begin trial production at the end of June. It is worth noting that the development of the lithium battery industry in recent years has obvious seasonal characteristics. In the second and third quarters of the industrial season, the upstream material enterprises in the industrial chain are in short supply. The release of Nord's new production capacity coincided with the industrial season, which helped to better seize market opportunities.

In 2017, Nord shares issued a plan for the non-public issuance of shares, which will raise funds for an annual output of 25,000 tons of electric battery copper foil projects and replenishment of liquidity, further enhancing the company's competitiveness in the copper foil market and expanding market share. It plays an important role in consolidating the leading position in the industry.

Optimize configuration and focus on the main business

In recent years, in the face of industry development opportunities, Nord SHARES combed the company's development strategy, assets and business, further optimized the allocation of resources, divested of bad assets and businesses that are not related to the main industry.

Following the spin-off of Zhengzhou Cable and Shanghai Zhongke's two loss-making subsidiaries in 2016, Nord shares in June 2017 divested Beijing Shixin Ted Investment Consulting Co., Ltd., a wholly-owned subsidiary of indirect control, to further optimize the asset and liability structure. Has achieved obvious results. After combing and adjusting and focusing on the main business, the effect of upgrading and improving the management of Nord SHARES industry gradually appeared.

"With the outbreak of seasonal and phased demand in the lithium industry, the orderly release of the company's production capacity and the optimization of its product structure, the company will usher in a new round of rapid growth. "The company will further focus on the main business of lithium electric copper foil, consolidate the leading position in the field of lithium electric copper foil, actively explore the international market, and achieve continuous benefits through strategic measures such as expansion of production capacity, expansion of sales, and industrial integration," said the relevant person in charge of Nord Shares. Increase in scale. We will further enhance comprehensive competitiveness and influence in the new materials and new energy industries and strive to become the leader of lithium copper foil in the world. "

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