Yiwei lithium can adhere to the "lithium battery + lithium primary battery" go hand in hand to create revenue

"Lithium battery + lithium primary battery" dual main business went hand in hand, Yiwei lithium handed over a brilliant results in 2017.

On March 20, Yiwei Lithium released its 2017 annual report. During the reporting period, the company achieved revenue of 2.982 billion Yuan, a year-on-year increase of 27.46%. The net profit was 403 million Yuan, a year-on-year increase of 60.18%. Among them, lithium battery revenue was 1.39 billion Yuan, an increase of 67.43%. Lithium primary battery revenue was 1.091 billion Yuan, a year-on-year increase of 40.6%.

The main reasons for driving the growth of the performance are: 1. Thanks to the continued healthy development of the traditional smart meter business, the rapid development of the demand for the Internet of Things, and the market synergy of the acquisition of Fuant, the company's lithium primary battery business achieved rapid growth; The rapid growth of the power battery business and the start of the energy storage battery business have brought about an increase in the company's performance. 3. Completed the transfer of 8.98% control of McQuay.

As a domestic listed company that spans several sub-segments of lithium primary batteries, power batteries, consumer lithium batteries and energy storage batteries, Yiwei Lithium's performance in 2017 is remarkable.

In the field of power batteries, the statistics of the High-Tech Research Institute of Lithium-Ion Research Institute (GGII) show that in 2017, the total installed capacity of Lithium-powered lithium-ion battery was 0.82GWh, ranking eighth. In 2017, China's new energy bus, passenger car, special vehicle battery installed total TOP20 battery enterprise rankings, Yiwei lithium can be on the list.

Undoubtedly, Yiwei Li can adopt a variety of technical routes and the product strategy is successful. At present, the company's main cooperative customers include Huatai Automobile, Hebei Yujie, Changan Automobile, Zhongtai Automobile, Chengdu Yajun, Ludifangzhou, Nanjing Jinlong, Yutong Bus, Zhongtong Bus, China Zhongche and so on.

High-tech lithium battery has learned that Yiwei Lithium Energy has formed 9GWh power battery capacity. Among them, lithium iron phosphate battery capacity of 2.5GWh, ternary battery capacity of 3.5GWh, square battery capacity of 2GWh, ternary soft-packed battery capacity of 1GWh. In 2018, the soft pack production capacity will gradually increase.

It is worth mentioning that on June 28, 2017, the 21700 battery production line of Yiwei Lieneng Hubei Jinquan 2nd District was put into operation, becoming a local battery enterprise capable of putting into operation 21,700 batteries, and also showing the research and development strength of Yiwei Lithium Energy to the industry. .

In the field of energy storage, the company's relevant layout has achieved initial results during the reporting period. In the domestic market, the company built a megawatt system and delivered it in the “smart micro-network” segment. In the international market, the company has made key progress in cooperation with major communication operators, and has obtained volume orders to achieve scale sales.

In the field of consumer digital, in 2017, the company preferred large and well-known brand customers at home and abroad, and its share in the electronic atomizer application and smart wearable product segment market grew rapidly.

Yiwei Lithium Energy said that the company is mainly doing three things in 2018: 1. Further stable production, improve the pass rate and ensure product quality; 2. Do a good supply chain construction, reduce costs and improve the company's competitiveness; Insist on innovation and improve production technology.

In order to maintain the supply and price of raw materials upstream of the power battery, on March 5, 2018, Yiwei Lithium will cooperate with Xinzhou State to build an annual output of 20,000 tons of lithium-ion battery electrolyte and an annual output of 50,000 tons of semiconductor chemicals. Among them, Yiwei Li can contribute 20 million Yuan in cash, accounting for 20% of the registered capital.

It should not be overlooked that as the second largest main business of Yiwei Lithium Energy, the company's lithium primary battery business also showed strong growth momentum. In 2017, the lithium primary battery business achieved revenue of 1.091 billion Yuan, accounting for 36.59% of the total revenue and a gross profit margin of 39.7%.

According to the announcement, thanks to the growing demand for huge market such as shared bicycle, smart security, environmental monitoring, E-call, tracking and positioning, the company's lithium primary battery has doubled its growth in the Internet of Things market compared with the same period last year. At the same time, the company's overall sales revenue in the smart meter market maintained steady growth.

With rapid growth in market demand, solid customer base and high gross profit margin, lithium primary batteries are becoming an important cash flow business for the company, which also provide strong support for the steady and rapid development of its lithium battery business.

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