Shenzhen Snow three consecutive years of net revenue increase

Benefiting from the continued growth of the power battery market, Shenzhen Snow achieved a significant increase in net revenue in 2017.

In 2017, China's lithium battery market grew by 27.0 % year-on-year to 80.5 GWh, driving the output of China's lithium battery negative material market to increase by 23.7 % year-on-year to 146,000 tons. The output value of the negative material market increased by 28.5 % year-on-year, reaching 8.3 billion yuan.

Among them, Shenzhen Snow Industrial Development Co., Ltd.(hereinafter referred to as "Shenzhen Snow") ranked among the top 5 in China's negative material shipments in 2017.

After years of development and development, Shenzhen Snow has formed a strong competitive advantage in the lithium ion battery negative electrode material market and has become one of the major suppliers of lithium ion battery negative electrode materials in China.

Three consecutive years of net revenue increase

After many years of development, the Chinese negative material market has formed a "three mostly small" competition pattern, among which Beiterui, Shanghai fir and Jiangxi Zichen three companies into the first echelon, has occupied a large market share, the market position is difficult to shake.

However, this competition pattern can not stop the rapid development trend of Shenzhen Snow in recent years. Through adopting the strategy of technical specialization, product refinement, and service efficiency, Shenzhen Snow has achieved rapid development in market share, supporting customers, and technology, and has successfully won the trust of many customers in the forefront of the industry.

It is understood that Shenzhen snow currently has more than ten types of products such as conventional negative electrode materials, ploid-type negative electrode materials, and volumetric negative electrode materials, and currently has an annual production capacity of 30,000 tons.

It is because of its competitive advantages in product quality and technology that Shenzhen Snow was listed by the listed company's National technology(300077. SZ), which provided support for its further development.

In December, National Technology announced that it plans to acquire 70 % of Shenzhen Snow through wholly-owned cash, with a total purchase of 1.336 billion yuan.

On February 28, National Technology issued an announcement stating that the company has signed a "equity acquisition agreement" with the other party. At present, the payment of equity acquisition funds and the process of equity transfer are steadily advancing.

So far, Shenzhen Snow has achieved revenue of 147 million yuan, 293 million yuan and 502 million yuan in 2015, 2016 and 2017, respectively, and achieved net profit of 36.2318 million yuan, 73.5124 million yuan and 107.2489 million yuan, respectively. For three consecutive years, it has shown a significant increase in revenue net profit.

Take the Japanese Battery Exhibition

With the direct correlation between the amount of subsidies and the energy density of the battery system, the demand of power battery companies to increase the energy density of batteries is increasingly urgent. Under this pressure, battery companies also put forward higher requirements for the performance of the upstream four major materials.

As a professional negative material R&D and manufacturing company, Snow has a number of unique technologies and processes in the development and production of modified artificial graphite. The company's products with high capacity, long cycle life, high current discharge performance, good low temperature performance and safety performance and get market full affirmation.

"At present, the difference in product performance between negative material companies is not as large as it was five years ago. Baohaiyou, chairman of Shenzhen Snow, said that China's negative materials have made great progress in recent years in terms of product quality and performance indicators. Domestic negative electrode materials even reached the international leading level on a number of parameter indicators, which is particularly evident in the 2018 Japan International Secondary Battery Storage Energy Exhibition.

"Many of the performance indicators of our negative materials are very surprising to the Japanese. Baohaiyou pointed out that by observing the Japan International Secondary Battery Storage Exhibition, it was generally felt that Japan did not have much lead over China in the field of negative electrode materials, and Japan currently has not made much progress in the field of negative electrode materials.

Despite this, Baohaiyou believes that Japanese material companies still have many aspects worth learning from Chinese companies, especially respect for technology and strict compliance with standards.

"Japanese companies do not have aggressive targets for material performance metrics in terms of negative polar materials. They focus on the ultimate stability and consistency of materials, which is better than Chinese companies. "Baohaiyou said.

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