Lithium battery industry chain is heating up, listed companies are actively deploying

On the 28th, the A-share new energy vehicle industry chain continued to remain active. At the level of listed companies, in recent days, many companies have announced the latest investment trends in the new energy vehicle industry chain, including the construction of lithium battery raw material production capacity, foreign cooperation and the latest technology layout.

Shanshan Co., Ltd. recently announced that its subsidiary plans to build an integrated base project of silicon-based anode materials for lithium-ion batteries with an annual output of 40,000 tons in Yinzhou District, Ningbo City. The total planned investment of the project is about 5 billion yuan, of which the investment in fixed assets is about 3.75 billion yuan.

Listed companies such as Tianqi Lithium, Defang Nano, and GAC Group also announced their investment moves or technology layouts. Among them, German Nano announced that it intends to use its own funds not exceeding US$160 million as a cornerstone investor to participate in the subscription of Tianqi Lithium’s initial public offering of shares on the Stock Exchange. Tianqi Lithium announced that its subsidiary signed a long-term supply contract for lithium hydroxide with LG Chem. GAC Group publicly released a new generation of super-power iron-lithium battery technology based on microcrystalline technology.

Recently, CATL, a leading power battery company, launched the third-generation CTP technology “Kirin Battery”. After the company’s nearly 45 billion yuan fixed increase plan was announced, it quickly launched further production capacity layouts, which also showed the company’s in-depth industrial layout. the intent of the chain. The announcement shows that Ningde Times intends to invest in the Fuding Times lithium-ion battery production base project, the first phase of Guangdong Ruiqing Times lithium-ion battery production project, and Jiangsu Times Power and energy storage lithium-ion battery research and development and production. Project (Phase IV), Ningde Jiaocheng Times Lithium-ion Power Battery Production Base Project (Cheliwan Project), and Ningde Times New Energy Advanced Technology R&D and Application Project, with a total investment of 56.343 billion yuan.

In the medium and long term, the rising terminal demand of downstream new energy vehicles is the underlying logic that drives the continuous increase in the activity of the upstream lithium battery industry. According to data from the China Automobile Association, in May, the domestic production of new energy vehicles was 466,000 units, a month-on-month increase of 49.5% and a year-on-year increase of 113.9%; the sales volume was 447,000 units, a month-on-month increase of 49.6% and a year-on-year increase of 105.2%. The industry believes that new energy and intelligent connectivity have become the largest traction in the global auto market, and the domestic market has also entered a new stage of electrification and intelligence. New energy vehicles and intelligent connectivity have entered a new track, and the market size is also increasing. The bigger it is, it is leading the industrial transformation, and the new industrial chain ecology will form a huge market space.

In the capital market, the high prosperity of the domestic lithium battery industry in the past two years has incubated a number of high market value lithium battery companies. According to statistics from the Advanced Industrial Research Institute (GGII), there are currently more than 15 listed companies with a market value of 100 billion yuan in the lithium battery industry chain, and 2 companies with a market value of 1 trillion yuan. At the same time as the valuation of lithium battery companies is increasing, the investment and expansion projects in various sub-sectors are also continuing one after another, and the scale of new production capacity and the amount of project investment are both rising. In the past two years, more than 600 lithium battery projects have been invested and constructed in China, with a cumulative investment of over 1 trillion yuan.