Power will invest 2 billion Yuan to build 3 billion lithium batteries per year

On March 23, the new third board enterprise Power Supply (834851) announced that the company signed the Investment Agreement with the People's Government of Minquan County, Henan Province, and will invest in the construction of an international comprehensive application industrial base of new energy lithium-ion power batteries and energy storage batteries with an annual output of 3 billion amperes in Henan Civil Rights High-tech Zone, with a total investment of 2 billion Yuan.

The agreement, minquan county people's government will provide power supply party for about 230 acres of industrial land, industrial land reserved about 100 mu. At the same time, land as of the date of delivery in minquan county people's government, power supply must be completed within five years. Among them, the first phase of production must be completed in two years, up to 10 YiAn capacity; Put into production, the second phase of three years to complete a total of 30 YiAn capacity.

Power supply, said if the subsequent smooth implementation of this agreement, will further improve the company lithium ion Power battery And energy storage battery capacity layout, greatly improve the company's assets and the ability to resist risk, increase the company lithium battery manufacturing technology, automation level, cost control, such as the core competitiveness, expand its market share, has a positive influence on company's performance.

On the same day, the power supply is also published announcement, the company plans to set up a wholly owned subsidiary of Henan and green power co., LTD (hereinafter referred to as the "environmental protection"), registered in shangqiu minquan county of Henan province high-tech development zone, the registered capital is 100 million Yuan.

The business scope of the power and environmental protection Lithium ion batteries, battery accessories, lithium ion battery and battery management system, motor and its controller, new energy vehicle controller, battery anode materials, water-based glue, diaphragm manufacture, marketing; Lithium ion battery and battery management system, motor and motor controller, new energy vehicle controller leasing services; New energy automobile power system technology research and development and technical services; Engaged in the import and export of goods and technology (national laws, rules and regulations should be the approval to operate or prohibit the import and export of goods and technology except).

Obviously, power and the establishment of environmental protection will help to power supply for the construction of the investment project implementation.

Data show that power supply on August 3, was founded in 2006, main business for the lithium ion power battery, battery research and development, production and sales, the production of lithium ion power battery is mainly used in electric passenger cars, electric buses, energy storage power, and other fields. The listed company to log in at the end of 2015 the new three board.

Company has the power environmental protection power supply academician workstation in Shandong province, Shandong province power battery and energy storage system engineering technology research center", "Shandong Shouguang lithium ion power battery independent innovation demonstration zone", has to undertake and participate in the national "863" project five, national science and technology support plan, paragraphs 1 and 2 provincial projects, now has four scientific and technological achievements.

In April 2016, the company wins the ministry of industry and the power battery industry standard car enterprise directory (the third batch of), in the automotive power battery production scale, product quality has reached the national certification standards, the company through direct sales model to develop business, source of income for automotive manufacturers sell monomer lithium ion battery and lithium ion battery pack.

From the point of performance, power supply 2013, 2014, 2015, 2016, in the first half of 2017 sales income 36.9289 million Yuan, 76.5565 million Yuan and 300 million Yuan respectively, 258 million Yuan, 128 million Yuan, attributable to shareholders of listed company net profit is 48.2143 million Yuan respectively, 20.3913 million Yuan, 39.5794 million Yuan, 31.1748 million Yuan, 3.7124 million Yuan.

Power supply net profit than expected in the first half of 2017 was mainly affected by new energy automobile industry adjustment. However, the company will always adhere to the strategy of the development of technology innovation in the first place, increasing research investment, is committed to improve the energy density of the monomer battery core, range and product safety, optimize the design of battery pack, close to the national policy guidance.2017 full-year results exactly how well, after being in its annual report.

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