Huiqiang new material actively docking capital market to create dry lithium battery diaphragm

China's lithium battery membrane industry will usher in a big shuffle during the "thirteenth five-year" period. Attracted by the high rate of return, the lithium battery membrane has long been a field with a high rate of return on investment. The earliest industrialization of lithium battery diaphragm in China began in 2007, and domestic enterprises began to lay out a large number of production lines in 2010.

At present, energy has become an important driving force for world economic development. The hot investment in new energy vehicles is recognized as a hot investment field that will bring sustainable excess returns. In the field of new energy lithium battery, compared with anode, cathode, electrolyte and other battery materials, diaphragm has long been the field with a high rate of return on investment.

In recent years, under the high rate of return to attract a lot of other material such as plastic film producers began transformation in lithium battery diaphragm, but as a result of the diaphragm with high added value at the same time, the technical barriers also highest in the lithium battery materials, so few winners, and transformation in HuiJiang new material is one of the representatives of enterprises success. Huiqiang group has long been its huiqiang plastic industry into a leading plastic packaging products industry, now in the field of lithium battery diaphragm, it is also one of the fastest growing layout enterprises.

HuiJiang new energy materials, henan science and technology co., LTD., a wholly owned subsidiary and strong Wu Hanhui new energy materials technology co., LTD. (hereinafter referred to as "HuiJiang new material", stock code: 836243) is specialized in new energy automobile power battery diaphragm research and development, production, sales in the integration of high-tech enterprises, the registered capital of 69 million yuan, with henan achievers agglomeration districts and wuhan Huang Bei airport industrial park two production bases.

On September 29, HuiJiang glaire b, chairman of the new material for China battery network (micro number: mybattery) said that the current Wu Hanhui strong power battery dry diaphragm annual capacity of 80 million ㎡, with henan HuiJiang capacity, capacity of about 88 million ㎡, products have been sold to byd, hai sida, xiangyang, zhuhai great fierce lion, and suzhou yu, hubei camel, xinxiang companies such as sunshine, by the unanimous favorable comment of customer, and other mainstream batteries more than domestic enterprises has entered the stage of product testing. In November this year, in addition, according to the glaire b, the company will install two new dry process diaphragm imported line, a production capacity of up to 75 million ㎡, by January next year is expected to add 150 million ㎡ capacity, at the beginning of 2018 production capacity will reach 230 million ㎡, leads the world dry single pull the diaphragm.

Accelerate the localization of diaphragm mainly promote dry high-end power battery diaphragm

As one of the lithium battery materials with the largest import substitution space, the industrialization of lithium battery diaphragm in China was first started in 2007, and domestic enterprises began to lay out a large number of production lines in 2010. Due to the long release cycle of diaphragm production capacity, it will take about two years from "project approval -- equipment ordering -- commissioning -- finalizing". Domestic diaphragm production capacity will be gradually released in 2013, and it will not be fully released until 2014.

Around 2013, in order to seize the Chinese market and kill the Chinese diaphragm industry, foreign diaphragm manufacturers such as celgard of the United States, SK of South Korea, sunrise of South Korea, ube of Japan and mitsubishi of Japan lowered the price by 40%. When the production capacity of Chinese enterprises was released, the price had dropped to 60%.

In order to no longer be controlled by others, domestic diaphragm enterprises began to accumulate technology, lithium battery diaphragm localization rate continues to improve. After the run-in period of 2012 and 2013, many battery factories found that the domestic diaphragm technology was constantly improving, and the price was usually more than 50% lower than the import diaphragm, so they began to choose the domestic diaphragm.

Huiqiang new material diaphragm production workshop

HuiJiang new material to "do the world's best diaphragm" as own duty, aim for lithium battery diaphragm by the United States, Japan and Korea high threshold with 80% share of the market, and sichuan university high polymer institute, wuhan university of science and technology cooperation agreement, and hired senior U.S. diaphragm experts for long-term cooperation partners, establish special research and development center and modern laboratory, has all kinds of patent and technical 25 items, of which 8 invention patents, continuous innovation and improvement unceasingly gradually formed HuiJiang new material unique technology and equipment advantages, management advantages and product advantages. Its PP/PE/PP three-layer co-extrusion dry high-end power battery diaphragm is the company's core technology products, with full independent intellectual property rights, marking huiqiang xincai's high-end technology into the world's leading ranks. Compared with monolayer diaphragm, it has great superiority in technical index and competitive price, which breaks the monopoly of similar foreign products in Chinese market.

Glaire b, February 24, 2017, China's first roll of PP/PE/PP three-layer co-extrusion dry high-end lithium ion power battery diaphragm in Wu Hanhui strong new energy materials technology co., LTD., was born, this is the company on January 27, 2015, successfully developed the first volume of material (PP) with three layers co-extrusion dry single pull high-end power lithium ion diaphragm after another major technological breakthrough, has fully independent intellectual property rights, marks the HuiJiang new material into the ranks of the world's leading high-end technology.

Heterotypic material (PP/PE/PP) three layers co-extrusion lithium electric diaphragm, compared with foreign composite profiled three layers of the diaphragm, has higher resistance to puncture strength, meet the advantages of high temperature between the layers are not isolated, with single diaphragm and material three-layer co-extrusion diaphragm and wet, compared to the diaphragm has a unique advantage, both for the high temperature dry pore size uniformity, good cyclical advantages, at the same time due to the special structure of the intermediate layer PE, is also close to the wet membrane puncture and 130 ℃ low temperature high strength shut off obturator protection function, and due to the effect of skeleton of the PP layer that has a high temperature melt diaphragm integrity; Due to the developed pores at the membrane interface, the injection rate is higher and the immersion property is stronger, so as to meet the development requirements of large capacity, high safety, long life and low cost of power battery, which is the first choice for power battery cells in the future.

Actively docking the capital market to become bigger and stronger lithium battery diaphragm business

Huiqiang new material diaphragm products

Statistics released by EVTank, a research institution, show that in 2016, China shipped 1.27 billion square meters of lithium ion battery diaphragm, an increase of 64.9 percent year-on-year. Glaire b is introduced, the diaphragm is lithium battery four key materials inside GuoChanLv minimum, the highest technical barriers, is to determine the key of lithium battery performance and safety of materials, about 15% of the cost of lithium-ion battery, so far China's high-end diaphragm is still around 30% imported from abroad, is still a big four material contains the highest gross margins.

China plastics processing industry association is expected that China's lithium battery diaphragm industry will usher in the "thirteenth five-year" period of big shuffle, the industry will be toward improving the product yield, improve the heat resistance of diaphragm, development of ultrathin diaphragm, improve the performance of diaphragm suction, research and development of new diaphragm products direction. More than 10 world-class brands will emerge in China as companies and related technical personnel collaborate on research and development.

Lithium battery membrane industry has a very high sensitivity to the capital, the early investment is large, technology research and development time, money, in order to obtain financial support, diaphragm enterprises for capital import needs urgently.

In order to expand and strengthen the diaphragm business, in 2014, wang hongbing started to promote henan huiqiang new energy as the main body to be listed on the new third board in Beijing, so as to create a higher development platform for the rapid development of enterprises in the future. On March 15, 2016, the company was successfully listed on the new third board, stock abbreviation: huiqiang xincai, stock code: 836243. Since the company entered the new third board, the performance of huiqiang new material has been growing continuously: in 2016, the revenue of huiqiang new material reached 98.3635 million yuan, up 163.99% compared with the same period last year. The net profit attributable to the shareholders of the listed company is RMB 25.3014 million, which is from the same period of last year to RMB 10.3810 million, turning the loss into profit. Wang expects huiqiang xincai's net profit to rise steadily in the next few years and reach 120 million yuan in 2019.

At the same time, because the lithium battery diaphragm field has long-term growth ability and remarkable excess returns, it is an important direction that the capital market is willing to increase investment, attracting a large number of listed companies to invest heavily.

Huiqiang new material is also listed companies concerned with the market potential of the hot target. On September 3, 2016, nord announced that it planned to restructure the 100% equity of huiqiang xincai actually controlled by wang hongbing. However, the merger and acquisition was terminated because the two parties failed to reach an agreement in the communication and negotiation on the details of the transaction plan. On August 4, 2017, zhaoxin shares disclosed the progress of major asset restructuring and suspension, and planned to purchase part or all of the equity of huiqiang xincai by issuing shares and paying cash.

In the future, huiqiang xincai is expected to make use of the listed company to further expand the production capacity of high-end power battery diaphragm and join the ranks of high-end diaphragm mainstream brands.

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