What are the big events in the Ningde era from the second half of 2017 to the first half of 2018?

On July 12, the Ningde era released the 2018 semi-annual performance forecast. The forecast indicates that the net profit attributable to shareholders of the listed company decreased by 51.20%-48.19% year-on-year, and the profit reached 88376.16 million yuan – 93842.72 million yuan. The reason for the change in performance was mainly due to the transfer income from the acquisition of the equity of Beijing Pride New Energy Battery Technology Co., Ltd. (hereinafter referred to as “Pulaide”) during the same period last year.

According to relevant data, from January to May 2018, the market share of Ningde era continued to increase, with an installed capacity of 5.7GWh and a domestic market share of 46.5% (19.0% in 17 years). At the same time, it has also cooperated well with BMW, Volkswagen and Daimler to open up overseas space. As the global power battery leader, what happened during the Ningde era from the second half of 2017 to the first half of 2018? SMM has summarized some major events in the Ningde era in the past year.

On June 19, 2017, SAIC and Ningde Times held a groundbreaking ceremony for the industrialization cooperation project in Fuyang, Changzhou, Jiangsu Province. The project plans to build a total power battery capacity of 36 GWh.

On December 15, 2017, representatives of Ningde Times and Beijing Automotive Group Co., Ltd., Peking University Pioneer Technology Co., Ltd. and Beijing Pride New Energy Battery Technology Co., Ltd. held a strategic cooperation negotiation meeting and signed a strategic cooperation agreement at BAIC R&D Base. .

In October 2017, Changan revealed that it had entered the Ningde era.

On November 10, 2017, Ningde Times announced the prospectus for the initial public offering of the GEM. It plans to raise 13.12 billion yuan of funds to invest in the Huxi lithium-ion power battery production base project in Ningde era, the Ningde era power and energy storage battery research and development project.

On March 12, 2018, the company updated its prospectus, especially the 2017 annual report information, and we hereby take stock of the company's latest business operations. For the first time, shipments ranked first in the world, and Chinese unicorns were on the world stage. The rapid growth of income and net profit is a slight decline in non-profits.

On March 22, 2018, the Ningde era signed a memorandum of understanding on strategic cooperation with SAIC. The two sides intend to further deepen cooperation and explore ways to jointly promote the recycling of new energy vehicles' power batteries.

On April 25, 2018, the Ningde era signed a letter of intent for strategic cooperation with the British luxury car company Jaguar Land Rover. The two sides will actively explore the in-depth cooperation in the field of automotive battery technology in the future, and jointly research and develop automotive power battery technology.

On May 2, 2018, the Ningde Era (CATL) signed a contract with the Daimler Group, and entered the Daimler battery supply chain system during the Ningde era.

On May 18, 2018, the Ningde era was approved by the IPO. According to the approval, the raised funds of over 5 billion yuan in the Ningde era have shrunk compared with previous estimates. However, this fundraising scale still breaks the current fundraising record of the GEM.

On May 23, 2018, Japanese automaker Honda announced that it will jointly develop batteries and related technologies for the new electric vehicles with the Ningde era. On May 25, 2018, the Ningde era CATL Japan subsidiary (CATJ) was formally established.

On May 29, 2018, the Ningde era made an initial public offering of shares and issued an announcement on the GEM. It will be issued on the GEM of the Shenzhen Stock Exchange, with an IPO price of 25.14 yuan/share, a price-earnings ratio of 22.99 times, and a net on May 30. The next purchase is linked to the online purchase by market value.

On June 11, 2018, the Ningde era was officially listed on the Shenzhen Stock Exchange, and the company's IPO issued 217 million shares.

On June 18, 2018, the large-scale lithium battery energy storage project jointly invested by the Ningde era and the Fujian Provincial Investment Group was officially signed. The project was divided into three phases and will be completed in Jinjiang City, Fujian.

On June 19, 2018, the list of China's most innovative companies in 2018 released by Forbes China in the Ningde era was one of the seven companies in the automotive industry.

In June 2018, the Ningde Times New Energy Technology Co., Ltd. Application for the Energy Conservation Review of the New Energy Annual Production of 3 Billion WH Polymer Lithium Battery Production Line Enhancement Project¡± was approved.

In June 2018, Ningde Times (CATL) and Zhengye Technology established a long-term close cooperative relationship in the non-destructive testing of power lithium batteries, and is the main supplier of X-ray non-destructive testing equipment for power lithium batteries.

On July 5, 2018, the Ningde era and Tianhua super-clean signed the "Joint Investment Framework Agreement." The two parties intend to jointly invest in the establishment of a joint venture company, focusing on the lithium-ion new energy industry chain, focusing on the research and development of lithium carbonate, lithium hydroxide and cathode materials such as ternary and lithium iron phosphate, production and operation funds and fixed assets. Resource advantages and technological innovation capabilities will achieve a win-win situation.

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