In 2017, the development trend of new energy vehicles is good, and the performance of novo nordisk shares grows explosively

The data of the company's 2017 annual report released recently shows that its operating revenue reached 2.538 billion yuan in that year, up 26.75% year on year. The net profit attributable to shareholders of the listed company reached 190 million yuan, up by 623.23% year on year. The net profit after deducting non-recurring gains and losses attributable to shareholders of the listed company was 157 million yuan, up by 4333.66% year on year. Basic earnings per share were 0.1652 yuan, up 624.56 percent year-on-year.

According to the China association of automobile manufacturers, the production and sales of new energy vehicles in 2017 continued a good development trend, reaching nearly 800,000 units, 794,000 units and 777,000 units respectively, with a year-on-year growth of 53% and 53.3% respectively. New energy vehicles accounted for 2.7 percent of the market in 2017, up 0.9 percentage points from the previous year. With the booming development of China's new energy automobile industry and lithium battery industry in 2017, the demand for electrolytic copper foil for lithium battery has risen sharply. 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 co., ltd. is engaged in the production and sales of high-grade copper foil for lithium ion batteries and the development of lithium battery materials. It is one of the earliest enterprises to enter the copper foil industry. In 2017, novo nordisk's operating revenue of copper foil products reached 2.169 billion yuan, accounting for more than 85% of the total revenue, up 40.96% year-on-year.

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 the research report of guangfa securities, the copper foil demand in 2017 can reach 128,400 tons, but due to the limitation of production technology and scale, the short-term supply of copper foil is weak, the gap of lithium electric copper foil is very large, and high-end and light copper foil manufacturers can not be met.

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.

The pursuit of thin and light lithium copper foil products has also become 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. In 2017, the company expanded the production scale of 6-micron copper foil in one step to further improve the ability of the production line to adapt to market changes, laying a foundation for the company's 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 basically completed the construction work, and is carrying out installation and commissioning of the production line, and will start trial production at the end of June 2018. It is worth noting that the development of lithium battery industry has obvious seasonality in recent years. 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 can well grasp market opportunities.

In 2017, nord shares issued a private placement plan, which will raise funds for the electrolytic copper foil project with an annual output of 25,000 tons of power batteries and supplement working capital. Seizing the opportunity of industry will further enhance the company's competitiveness in the copper foil market and expand market share, which is of great strategic significance for the company to consolidate its leading position in the industry.

Currently, novo nordisk 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, the company was elected as the third chairman of electronic copper foil branch of China electronic materials association.

In 2017, novo nord co., ltd. adheres to the focus on copper foil main industry. The company's management continues to adhere to the business model of "centralized management and control, professional operation, and fine management", to forge ahead, optimize the industrial operation structure, and improve the level of operation and management.

In the face of the industry opportunity that the booming development of lithium battery industry and its new energy automobile industry drives the ever-increasing demand for lithium battery copper foil, the management team has sorted out the company's business development strategy, assets and business continuity, further optimized the resource allocation, and divested the non-performing assets and non-related businesses. Following the divestment of two loss-making subsidiaries of zhengzhou electric cable and Shanghai zhongke in 2016, novo northrop PLC divested its indirectly held wholly-owned subsidiary Beijing shintede investment consulting co., ltd. in June 2017 to further clean up the loss-making oil industry and optimize the structure of assets and liabilities. So far, obvious results have been achieved.

The main business of nord shares has been developing well. The controlling shareholders and the executive team have increased their holdings successively, demonstrating their recognition of the value of the company and their confidence in the long-term development of the company. Bonmin investment, the controlling shareholder, launched its overweight plan in May 2017 and has held 9.05% of the company's shares so far. The executive team bought 762,300 shares in June 2017.

Noble shares, said the company will further focus on lithium electric copper foil main business, strengthen the company in the domestic leading position in the field of lithium electricity copper foil, and actively explore the international market, through the expansion of production capacity, expanding strategic measures, such as sales and industrial integration to achieve efficiency gains and scale growth, the company continued in the new material, new energy industry to further enhance the comprehensive competitiveness and influence, strive to become a global leader lithium electricity copper foil.

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