Demystify SUNWODA Power Battery Layout

Under the trend of increasingly fierce market competition in 2017, SUNWODA has achieved good results and its market share has steadily increased.

In 2017, SUNWODA achieved operating income of 14.044 billion Yuan, a year-on-year increase of 74.43%; net profit of 543 million Yuan was realized, a year-on-year increase of 20.86%. In the first quarter of 2018, SUNWODA achieved revenue of 3.535 billion Yuan, a year-on-year increase of 59.53%, and a net profit of 115 million Yuan, a year-on-year increase of 58.81%.

With the growth of mobile phones, computers, smart devices and other services, the business scale of SUNWODA consumer batteries is also expanding, and the power battery will continue to boost the company's growth.

On the morning of April 26, 2018, the research group of Qidian went into SUNWODA Electronic Co., Ltd (hereinafter referred to as the " SUNWODA "), a wholly-owned subsidiary of Sunwoda electric vehicle battery Co.,Lt., and communicated with Yi Zou deputy general manager of the subsidiary marketing center, subsidiary JianXin She sales manager, Qian Wan, marketing center vice President, etc.

SUNWODA was established in 1997 and landed on the GEM in 2011. SUNWODA currently has four industrial bases including Shilongzai Industrial Park, Guangming Industrial Park, Boluo Industrial Park and India Industrial Park. The company employs more than 20,000 people. .

In 2008, SUNWODA established Automotive Power Battery Co., Ltd. and began to enter the field of automotive power batteries.

SUNWODA is the layout of the power battery, batteries, PACK, BMS as core business, with the upstream raw materials, battery materials enterprises and downstream of new energy automobile enterprise strategic cooperation, closed-loop to complete industry chain, at the same time, SUNWODA is also actively deploying the battery recycling business.

At present, the company has established a joint synchronous development mechanism for power battery systems with customers on several models. At present, 10 supporting passenger cars have officially entered the national announcement catalog. Car battery customers mainly include Geely Automobile, Foton Motor, Guangzhou Automobile, Xiaopeng Automobile, Dongfeng, Wuling, Beiqi, etc. The electric bicycle customers mainly include Maverick Technology, Honda and Hulong.

SUNWODA power batteries products is given priority to with square aluminum shell, mainly used in hybrid vehicles, plug-in hybrids and all-electric cars, at present, the company has a cylindrical, soft bag, and side shell48V battery research and development ability, power battery research and development team, more than 560 people.

On the technical route, SUNWODA mainly adopts NCM523 system, the hybrid car battery energy density of 90wh/Kg, is expected to reach 128 in 2018wh/Kg; Plug-in hybrid electric vehicle battery energy density of 200wh/Kg; Pure electric vehicle battery energy density of 205-210wh/Kg, 2018 will reach 230wh/Kg.

In terms of power battery capacity layout, Guangming Base covers an area of nearly 10,000 square meters, with Power Battery Research Institute and Power Battery System Research Institute; Huizhou Base covers an area of nearly 20,000 square meters, with a capacity of 2GWh in 2017 and 4GWh in 2018. At the same time, Huizhou base has 2 cylindrical PACK automatic production lines and 4 square shell PACK automatic production lines. The production capacity in 2017 is about 4GWh, and it reached 6.5GWh in 2018.

SUNWODA is planning construction area of 40000 square meters of test center, the area of 30000 square meters of EVB electric car center, an area of 60000 square meters of innovation incubation center, building area of 64000 square meters of innovation, and an area of 85000 square meters of power batteries, research and development base, and an area of 50000 square meters of cell division, etc.

It is estimated that the company will achieve 20 billion Yuan in revenue in 2018, and SUNWODA is moving from a billion to a hundred billion.

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