Fengyuan SHARES first-phase trial production of lithium iron phosphate will have a high nickel ternary material layout

New Energy Industrial Chain Research" kicked off in Shandong.

Lithium-electric "Davos" Forum/Battery 100 People's Assembly Secretary General and Founder / Chairman of Battery Network Yuqingjiao said, The survey was conducted by the Zhongguancun New Battery Technology Innovation Alliance, the Battery 100 People's Meeting(Micro number: CBHA100), the Lithium Power "Davos" Organizing Committee, Battery Network(Micro number: mybattery), and I Love Tram Network(Micro number: xevcar). This research activity is supported by big group laser technology industry group limited company. The purpose of the activity is to conduct system research on industrial chain enterprises such as lithium batteries and materials, new energy vehicles, energy storage, and lithium-related equipment in Shandong Province in 2018, to thoroughly understand the industrial layout and future development direction of enterprises, and to propose the status quo of enterprises and existing problems. Resource integration, capital docking and other recommendations; Promote the promotion of the brand image of research enterprises(listed companies) and the promotion of product cooperation between enterprises and enterprises; Through research reports and data analysis. Restore industry truth, feedback industry voice, report typical cases, spread positive energy.

On the afternoon of the 28th, the research team came to Shandong Fengyuan Chemical Co., Ltd.(abbreviation: "Fengyuan Shares") and a wholly-owned subsidiary Shandong Fengyuan Lithium Technology Co., Ltd.(abbreviation: "Fengyuan Lithium Energy"), visit the company's production line and industrial park, etc.. He also had exchanges and discussions with Feng Yuan's chairman, Zhaoguanghui, deputy general manager Liushengmin, Feng Yuan Li Neng's deputy general manager Chenlingguo, the leader of Taierzhuang District of Zaozhuang City, and the leader of the Economic and Credit Bureau.

Fengyuan shares are composed of oxalic acid, refined oxalic acid and other products and the research and development, production, and sales of lithium electric new energy positive materials. The company's registered capital is 9,6913,800 yuan, its total assets are 750 million yuan, and it covers an area of more than 400 acres and employs more than 500 people. The company under the jurisdiction of oxalic acid, new energy two major business departments; Fengyuan fine materials, Fengyuan Lithium Technology, Qingdao Fengyuan International Trade three wholly-owned subsidiaries; United Fengyuan Chemical Co., Ltd. and Zhangzhou Zhongchen Fine Chemical Co., Ltd..

Fengyuan shares(stock code: 002805) was successfully listed on the Shenzhen Stock Exchange on July 7, 2016. It was the first company in Zaozhuang that successfully listed on the A-share market through IPO, and achieved a breakthrough in the A-share listed companies of local companies in Zaozhuang. After the company went public, it continued to consolidate the leading position of the oxalic acid industry on the basis of extending the downstream industrial chain, actively expanding the new energy battery cathode material industry, and striving to create a second major industry. The company established a wholly-owned subsidiary, Fengyuan Li-Neng, in November 2016, and is currently investing in the construction of an annual production capacity of 10,000 tons of lithium iron phosphate. The first production line with an annual production capacity of 3,000 tons was completed and tested in July 2017, marking a new breakthrough in the company's new energy sector. In terms of industrial transformation and upgrading, there has been a good start.

Lithium iron phosphate and ternary materials are used in different fields because of their advantages. Lithium iron phosphate batteries have advantages in terms of recycling performance, service life, safety, and rapid charging. They are mostly used in bus vehicles, logistics vehicles, low-speed vehicles, and energy storage. The ternary material battery has advantages in energy density, low temperature adaptability, etc., and is more used in passenger vehicles and 3C, which require higher mileage. In general, lithium battery positive electrode materials such as ternary materials and lithium iron phosphate will maintain a considerable proportion of market share in their respective fields due to their own characteristics.

At the same time, the company is actively demonstrating the feasibility of the construction of high-nickel ternary material project. Fengyuan Li-Neng, a wholly-owned subsidiary of the company, relies on the parent company's provincial-level R&D center to continuously increase R&D investment, hire well-known experts in the international lithium industry, and form a high-nickel ternary material research team to reserve technology and talents for the new project being demonstrated. On the basis of a large number of market research in the early stages, the company has made full preparations for the preparation of the project feasibility report, consulted the relevant business Department's project construction procedures, and the company will complete the internal approval process. Start the high nickel ternary material project in a timely manner.

The demonstration, investigation and timely implementation of the high-nickel ternary material project will be another major measure of the company's new energy industry chain layout, which will help the company enhance its competitiveness in the lithium battery positive material industry and become a new profit growth point for the company.

The page contains the contents of the machine translation.