Nordisk shares copper foil business growth significantly promote performance growth

Novo nordisk reported 25 percent operating income in 2017, according to its recently released annual report. 3.8 billion yuan, up 2.6 percent year-on-year. 75%; Net profit 1. 900 million yuan, up 62.3 percent year-on-year. 23%. Novo nordisk said that due to the booming development of China's lithium battery industry and new energy vehicle industry, the demand for electrolytic copper foil for lithium battery is rising, and the company's copper foil segment has a large increase in revenue, which drives the overall performance to increase significantly.

Nord shares: lithium electric copper foil business suction eyes to promote substantial growth in performance

Copper foil business growth significantly

As the carrier and collecting fluid of the negative electrode of lithium ion battery, lithium electric copper foil is the most basic raw material of lithium ion battery. Novo nordisk is engaged in the production and sales of high-grade copper foil for lithium ion batteries and the development of lithium battery materials. Huizhou electronic, a wholly-owned subsidiary, has more than 25 years of copper foil production experience and technical accumulation.

Data from the China association of automobile manufacturers show that China's new energy vehicles continued a good development trend in 2017, with the production and sales of nearly 800,000 vehicles each reaching 79 million. 40,000 and 770,000. 70,000 vehicles, up 53 percent year-on-year. 8% and 53. 3%. In 2017, new energy vehicles accounted for 2 percent of the market. 7%, an increase of 0. 5% over the previous year. Nine percent. With the vigorous development of new energy automobile industry and lithium battery industry, the demand for electrolytic copper foil for lithium battery rises sharply.

It is reported that novo nordisk shares 2017 copper foil products revenue of 21. 6.9 billion yuan, accounting for more than 85 percent of total revenue, up 40 percent year-on-year. 96%. Company officials told China securities journal that novo nordisk has a market share of more than 30 percent in the lithium battery market for new energy vehicles, leading the industry, thanks to its remarkable technology and cost advantages accumulated over the years in the copper foil processing industry.

Multi - level consolidation of copper foil industry leading position

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

Aiming at national policies and changes in supply and demand of lithium electrolyte copper foil, novo nordisk has carried out flexible transformation of production lines and equipment expansion and upgrading of the original standard copper foil production capacity of the subsidiary. While actively consolidating the market share of lithium electrolyte copper foil, it has rapidly expanded production capacity and optimized product structure to continuously improve its comprehensive competitiveness.

It is reported that in 2017, nord corporation completed the upgrading and expansion of its wholly-owned subsidiary huizhou united copper foil electronic materials co., LTD., with the capacity expanded from 2,100 tons/year to 5,000 tons/year, and the nominal capacity of the company's copper foil increased from 27,100 tons/year to 30,000 tons/year. At present, the company's lithium copper foil production capacity accounted for more than 80% of the company's effective copper foil production capacity, is one of the largest lithium copper foil production enterprises.

Industry insiders said that the pursuit of lithium copper foil thin trend is also the main reason for the expansion of demand gap. At present, the mainstream in the market is 8-micron copper foil, but 6-micron copper foil can improve the energy density more than 8-micron copper foil, which has become the direction of choice for the world's advanced lithium battery enterprises.

Nord ag is one of the few companies in the world that can supply high precision copper foil with 6 microns. It has established long-term cooperation with famous enterprises such as ningde times, byd, guoxuan high-tech and tianjin lishen, and is gradually establishing cooperative relations with international famous enterprises such as panasonic and LG chem. In 2017, nordisk further expanded the production scale of 6-micron copper foil, laying a foundation for subsequent capacity expansion and market expansion.

Qinghai nord new materials co., LTD., a subsidiary with an annual output of 10,000 tons of lithium electric copper foil, has completed the project and will start trial production at the end of June, the person in charge said. It is worth noting that the development of lithium battery industry in recent years has obvious seasonal characteristics. The second quarter and the third quarter are the industrial peak seasons, and the upstream material enterprises in the industrial chain are in short supply. The release of new production capacity of nord shares coincides with the industrial peak season, which is conducive to better grasp market opportunities.

In 2017, novo nordisk issued a private placement plan, which will raise funds for annual production of 2 million shares. The electrolytic copper foil project for 50,000 tons of power batteries and the supplemental working capital will further enhance the company's competitiveness in the copper foil market and expand its market share, which will play an important role in consolidating the leading position in the industry.

Optimize your allocation and focus on your main business

In recent years, faced with the development opportunities of the industry, nord ag sorted out the company's development strategy, assets and business, further optimized the allocation of resources, and divested non-performing assets and unrelated businesses.

Following the divestment of two loss-making subsidiaries of zhengzhou cable and Shanghai zhongke in 2016, novo norsk ag divested its indirectly held wholly-owned subsidiary Beijing shintede investment consulting co., ltd. in June 2017 to further optimize the structure of assets and liabilities, which has achieved obvious results. After sorting out and adjusting and focusing on the main business, the effect of industrial upgrading and management improvement of nord shares has gradually emerged.

"With the seasonal and periodic demand explosion of lithium battery industry, orderly release of production capacity and optimization of product structure, the company will usher in a new round of rapid growth. Nords shares relevant chief says, "the company will further focus on lithium electricity copper foil main business, strengthen lithium electric field of copper foil leading position, actively explore the international market, through the expansion of production capacity, expanding sales, industry integration and strategic measures, such as implementation efficiency continue to improve and scale growth, in the new material, new energy industry to further strengthen comprehensive competitiveness and influence, strive to become the global lithium electricity copper foil leader."

The page contains the contents of the machine translation.