Two hot hot-selling lithium battery materials usher in the golden age

The hotspots released by the “two sessions” remain the main logic of market speculation during the “post-two sessions” period. In 2016, under the background of increasing downward pressure on the macro economy, new energy vehicles will continue to benefit as an important gripper of steady growth policies. The support policy will also be extended to other areas of the new energy automotive industry chain, such as lithium battery materials. In the secondary market, the new energy vehicle sector has been holding pressure this week. The concept stocks of Lithium Battery, such as Lithium Technology, Yiwei Lithium, and Tianqi Lithium, are even more competitive.

Lithium battery materials usher in the golden age

Accelerate the development of new energy automobile industry

Since the beginning of this year, the Prime Minister has mentioned the development of a "new economy" on various occasions. At the executive meeting of the State Council held on February 24 this year, Premier Li Keqiang emphasized that “new energy vehicles” are a landmark industry in the “new economy” in the industrial sector. The enhancement of the strategic position fully shows the importance attached to the development of the Central Government, and the policy support will continue to increase. At the same time, local subsidy policies have continued to be introduced, such as the introduction of new energy vehicles in Hangzhou from the beginning of this year is not limited to buy unlimited line, and vigorously build charging piles, buses will also be fully converted into new energy vehicles before the end of the year. Up to now, more than 20 provinces and cities have introduced subsidy policies in the country, and local subsidy policies will be introduced intensively in late March and early April, and subsidies are still strong.

This reporter learned that, from the perspective of industry policy, on the one hand, the state is making strict inspections of “defrauding subsidies.” On the other hand, new energy vehicles need to re-enter the Catalogue of Recommended Vehicles for Promotion and Application of New Energy Vehicles in order to obtain state subsidies. In the car that did not enter the "catalogue," some manufacturers adopted a strategy of producing only non-sales, and started actively stocking the market for the second half of the year. From the sales data of new energy vehicles in the first two months of this year, new energy vehicles produced 37,900 vehicles and sold 35,700 vehicles. The growth in production and sales volume reached 1.7 times year-on-year. With the implementation of subsidy policies and the arrival of the sales season, it is expected that the production and sales of new energy vehicles will continue to climb from the second quarter.

"China's new energy vehicles have entered the growth period, and new energy vehicles represent the direction of industrial adjustment. It is expected that there will be a growth of more than double the number of the previous year in 2016." Miao Miao, Minister of Industry and Information Technology, means 2016 New Energy Vehicles Production and sales volume will exceed 700,000 vehicles (in 2015, the production and sales of new energy vehicles will exceed 370,000). According to the “Energy Conservation and New Energy Vehicle Industry Development Plan” issued by the State Council in 2012, by 2020, the cumulative sales volume of new energy vehicles in China will reach 5 million. The document clearly states that by 2020, the annual sales of self-owned brands of pure electric vehicles and plug-in new energy vehicles will exceed 1 million units, accounting for more than 70% of the domestic market; and by 2025, the annual sales of new energy vehicles that are synchronized with the international advanced level will reach 300%. Millions of vehicles account for more than 80% of the domestic market. This means that domestic new energy vehicles will reach annual sales of over 1.4 million units by 2020, and the compound annual growth rate for 2015-2020 will be as high as 33%.

Raw material company enjoys demand for lithium battery market expansion

With the rapid development of new energy vehicles, the demand for power batteries has also grown rapidly. As a key raw material for new energy vehicle power batteries, lithium battery materials are expected to continue in the context of the continued high growth of new energy vehicles. In addition, taking into account the previous subsidy mechanism in the period from 2017 to 2020, in addition to fuel cell vehicles, other vehicle model subsidies should be properly "back slope" background, the domestic major car companies will likely be full of horsepower sprint this year, the second half of this year The sales performance, which will further release lithium battery industry capacity.

According to the calculation of China's new energy vehicle development plan, during the “Thirteenth Five-Year Plan” period, the total domestic demand for power batteries will be around 170 Gwh; the demand for lithium-ion batteries for electronic digital products will grow at a relatively stable rate, and the total demand for consumer batteries is expected to be around 100 Gwh. The total demand for batteries that can be consumed is about 30 Gwh, which totals more than 300 Gwh. This means that during the "13th Five-Year Plan" period, the average annual growth rate of lithium battery demand will reach more than 25%.

In the lithium battery industry chain division, we can see that the upper reaches of the mineral resources required for lithium battery materials, the middle reaches of lithium battery manufacturers, the downstream is mainly lithium supporting applications, has been widely used in consumer electronics, electric Automotive, industrial energy storage, etc. In the upstream lithium battery raw material composition, mainly composed of cathode material, anode material, electrolyte and separator. Among them, the cathode material is one of the four key materials for lithium-ion batteries, which accounts for about 30% of the battery manufacturing cost. It is a key material that determines battery safety, performance, cost, and lifespan. In the field of lithium cathode materials, the global production of cathode materials is mainly concentrated in China, Japan and Korea. About 50% of the world's shipments of primary grade materials are concentrated in the Chinese market, and about 30% are concentrated in the Japanese and South Korean markets. Domestic representative companies mainly have Hunan Shanshan, Dangsheng Technology, Hunan Ruixiang and so on.

The anode material technology and the market are relatively mature and the proportion of cost is the lowest, accounting for about 10%. The anode materials that have been practically used in lithium batteries are basically carbon materials. Judging from the market distribution of anode materials, 78% of the market share is concentrated in Hitachi Chemicals, Shenzhen Betrix, JFE, and Mitsubishi Chemicals, while China’s Shenzhen Beitui and Shanghai Shanshan are in the negative electrode material market in recent years. Among them, Shenzhen Betrix is ​​dominated by natural graphite, while Shanghai Shanshan (a wholly-owned subsidiary of Shanshan Co., Ltd.) is mainly based on artificial graphite.

Lithium battery electrolyte is used as a carrier for lithium ion flow in lithium-ion batteries, which plays a decisive role in the operation and safety of lithium batteries. In the electrolyte composition, lithium hexafluorophosphate accounts for the largest part of the electrolyte cost and accounts for about 50% of the total cost of the electrolyte. Due to the rapid development of the new energy sector in recent years, resulting in tight supply and demand, the price of raw materials lithium hexafluorophosphate has increased from about RMB 85,000/ton in mid-2015 to the current RMB 260,000/ton, which is about twice as fast. In the field of lithium hexafluorophosphate production, since October 2015, major manufacturers including Xinzhou State, Jiangsu Cathay Pacific, Shanshangufen, Duodudu, Tianci Materials, Shida Shenghua and Bankang have announced that they will substantially expand lithium hexafluorophosphate production capacity. . From the perspective of the expansion cycle, it is expected that the high boom period of lithium hexafluorophosphate will continue for more than one year.

Diaphragm is the lithium material of the four major lithium battery materials with the lowest rate of production and highest technical barriers. Its quality has a direct impact on battery safety and cost. At present, the production capacity of low-end products in the domestic industry has appeared excessive, and the import substitution of high-end products is relatively large. Among listed companies, Zhuozhou Mingzhu (18.50, 0.03, 0.16%) is the only target for mass production of lithium battery separators. The company has a dry diaphragm production capacity of 50 million square meters, 25 million square meters wet diaphragm project is expected to start production in early 2016. In addition, the company plans to raise funds to build a new 60 million square meters wet membrane project. If all of them are put into operation in 2017, the company will have a wet membrane capacity of 85 million square meters.

Focus on mastering the core technology leading enterprises

With the rapid growth in sales of new energy vehicles, the rigid gap in power lithium battery materials continues to expand. The development of lithium battery materials in China has entered a period of gold development. As the price of lithium battery materials continues to rise, the performance of related leading companies has also grown rapidly.

Judging from the 2015 annual results of A-share listed companies, 29 of the 38 related lithium-ion battery concept stocks have increased. Among them, the listed companies such as Fluoride, BYD, Dangsheng Technology, Guoxuan Hi-Tech, and Shanshan have been netted. Profit growth is above 100%.

Among related listed companies, Fluorinone is one of the world's largest suppliers of crystalline lithium hexafluorophosphate, with a domestic market share of approximately 30%, and is widely used by mainstream electrolyte manufacturers such as BYD, Shanshan, and Xinzhoubang. The company has a complete industrial chain of fluorspar-high purity hydrofluoric acid-lithium fluoride-lithium hexafluorophosphate-lithium battery. The company announced on February 15 that it has reached an agreement with Shanxi Huangcheng Xiangfu Aerospace Automotive Manufacturing Co., Ltd., Shanxi Huangcheng Xiangfu Zhongdao Energy Co., Ltd. and its shareholders, and plans to acquire 51% of the above two companies in cash and by capital increase. Equity. According to the company's 2015 annual results, the company achieved a net profit of 39,908,700 yuan, an increase of 845.26% year-on-year. The company said that last year's performance growth was mainly driven by the company's new energy segment business, the lithium battery and lithium hexafluorophosphate products market is good, sales of lithium battery power increased, lithium hexafluorophosphate into the new business cycle, prices rebounded quickly, profitability rebounded, the overall gross profit margin from The year's 12.67% rose to 17.37% this year.

Godsend materials are the major electrolyte suppliers in China. Since the end of last year, the company has been extending its upstream and downstream efforts to consolidate the power lithium battery industry chain with lithium hexafluorophosphate as its core. The company announced on December 21 last year that it plans to subscribe for RMB 116 million to purchase 1166.6666 million new shares of Jiangsu Ronghui General Lithium Co., Ltd. On January 14 this year, the company announced that it had increased its capital in Jiangxi Aide Nano Technology Co., Ltd. with its own capital of 50 million yuan. After the capital increase, the company holds 30.10% of the equity of the target company. Jiangxi Aide owns the key technology of lithium iron phosphate cathode material and its precursor material. After the company adds capital and in-depth cooperation with Jiangxi Aide, it will help the company to achieve the horizontal connection of the battery material industry chain, and promote the lithium battery material electrolyte and cathode material. The combination of R & D mode, improve electrolyte formulation product development technology, increase the diversity of electrolyte formulations. In 2015, the company achieved a net profit of 98.9542 million yuan, a year-on-year increase of 60.81%, which was mainly due to the high growth rate of electrolytes and the company's release of lithium hexafluorophosphate capacity. It is expected that the company will maintain its strong growth momentum in 2016.

When Shengsheng Technology topped 45.62% this week, the company focused on battery cathode materials and ternary high-end materials. Benefited from the rapid development of the domestic new energy automotive market, the company's sales of automotive cathode materials have increased significantly, accounting for 44.3% of the company's sales from 0.8% in the same period of last year. It is expected that the proportion of sales of automotive cathode materials will continue to increase significantly in 2016. In 2015, the company achieved a total operating revenue of 860 million yuan, a year-on-year increase of 37.67%, and a net profit of 13.28 million yuan, a substantial increase of 152%. Among them, leveraging on the rapid development of China's new energy vehicles and the booming market, the company's lithium battery cathode materials sales increased by 37.89% year-on-year, and multi-material sales increased by 161.24% year-on-year. It is expected that the company's performance in the first quarter will continue to increase substantially. In the first three months of 2016, net profit will be 12 million to 16 million yuan, a year-on-year increase of 409.45% to 512.61%.

Syringe Mould is a kind of plastic Medical Mould for disposable plastic syringe production. Syringe Mold includes syringe barrel mold, plunger mold and gasket mold. Our mold is usually made from S136, P20, 60# and Cr12 steel, and its material can also be customized.

Our mold is not only of pretty long working life, reaching 3 million shots, but also always of high precision to promise you high-quality syringes.

Mould Parameter:

Mould Life: 3,000,000 shots

Mould Cavity: Multiple cavities, can be customized

Runner Type: Cold runner, semi-hot runner

Mould Steel: Core and cavities: S136/Cr12/DC53

           Base: 60#/5GrNiMo/4Cr13

(the mould steel can be customized as well)

Product Material: PP/PE

FAQ:

1. How about the delivery time?

About 100 days after your advance payment.

2. How about the payment terms?

Usually it is 30% advance payment before the production and balance payment 70% before the shipment by T/T. Flexible payment can be negotiable.

3. Can we visit your factory?

Sure. Your visit will be much welcomed at any time.

Syringe Mould

Syringe Mould,Syringe Mold,Syringe Needle Cap Mould,Disposable Syringe Mould

Yuhuan Zhengri Technology Co., Ltd. , http://www.syringemachine.com