Byd Company Limited(002594) is making great strides towards its “new energy dream”.
Fund Jun found that the 600 billion “first brother of new energy vehicles” Byd Company Limited(002594) recently not only participated in the investment of photovoltaic companies, but also established a new battery subsidiary and merged into a number of new energy technology companies.
As of press time, the share price of A-Shares Byd Company Limited(002594) has risen by nearly 4%, and the share price of H shares Byd Company Limited(002594) once rose by nearly 5%.
hit more than 1 billion! “Left hand” investment in photovoltaic company
“right hand” set up a battery subsidiary
Fund Jun inquired Tianyan and found that Byd Company Limited(002594) recently invested in a photovoltaic company. Fujian Jinshi Energy Co., Ltd. (hereinafter referred to as “Jinshi energy”) has undergone industrial and commercial changes on January 30, with the addition of Byd Company Limited(002594) shareholders, Beijing Jingneng energy technology M & A Investment Fund (limited partnership), a subsidiary of Beijing state-owned assets, and the registered capital increased to about 215 million yuan.
Founded in March 2016, Jinshi energy’s business scope includes: R & D of emerging energy technology, manufacturing of special equipment for semiconductor devices, sales of special equipment for semiconductor devices, manufacturing of special electronic equipment, sales of special electronic equipment, manufacturing of special equipment for electrical machinery, manufacturing of photovoltaic equipment and components, sales of photovoltaic equipment and components, etc.
According to the company’s official website, Jinshi energy is mainly engaged in the R & D, manufacturing, sales and comprehensive services of HDT high-efficiency solar cell industrialization production equipment and the complete production line “turnkey project”, and is committed to becoming a world-class enterprise of high-efficiency heterojunction solar cells and high-end photovoltaic equipment. The company has set up Cecep Solar Energy Co.Ltd(000591) Technology Research Institute in Quanzhou, and has applied for more than 150 patents related to high-efficiency solar cells.
In addition, tianyancha also showed that Byd Company Limited(002594) established a power battery manufacturing company in Xiangyang, Hubei Province. On January 27, Xiangyang Fudi Battery Co., Ltd. was established with a registered capital of 50 million yuan. Its business scope includes: manufacturing of new membrane materials; Sales of new membrane materials; Manufacturing of auto parts and accessories; Sales of electric accessories of new energy vehicles, etc. According to the equity penetration of tianyancha, the company is 100% controlled by Freddy Industrial Co., Ltd., which is a wholly-owned subsidiary of Byd Company Limited(002594) .
In addition, tianyancha also showed that Byd Company Limited(002594) wholly invested in Youyuan new energy technology company and spent 1 billion to establish Xi’an Byd Company Limited(002594) Auto Parts Co., Ltd.
Byd Company Limited(002594) “new energy territory” continues to expand
In 2007, Byd Company Limited(002594) has made breakthroughs in three major markets: rechargeable battery, mobile phone OEM and automobile. Founder Wang Chuanfu has two listed companies, Byd Company Limited(002594) and Byd Company Limited(002594) electronics. But he always has a new energy dream in his heart: he hopes to build a new energy house with photovoltaic and energy storage system for power generation in the future, and let electric vehicles drive into people’s lives.
In 2007, the Byd Company Limited(002594) team began to dream, integrating it and automobile technology into new energy research and development with the strategy of vertical integration, and applying Byd Company Limited(002594) automobile body panel technology to Cecep Solar Energy Co.Ltd(000591) photovoltaic technology. At SNEC exhibition five years later, Byd Company Limited(002594) launched PV top 5. New photovoltaic technology.
In 2008, Byd Company Limited(002594) Cecep Solar Energy Co.Ltd(000591) company was established; In December of the same year, the Byd Company Limited(002594) Cecep Solar Energy Co.Ltd(000591) project with an investment of 500 million yuan and mainly producing polycrystalline silicon and Cecep Solar Energy Co.Ltd(000591) batteries was opened; In 2010, Byd Company Limited(002594) set up its own component team, independently developed silica gel component products, successfully applied them in the Brazilian market, and completed the construction of the world’s largest silica gel double glass module photovoltaic project.
In September 2020, Byd Company Limited(002594) took a stake in CSI solar, a photovoltaic enterprise. This company is mainly engaged in the R & D, production and sales of silicon ingots, silicon wafers, Cecep Solar Energy Co.Ltd(000591) battery wafers, Cecep Solar Energy Co.Ltd(000591) modules and Cecep Solar Energy Co.Ltd(000591) application products. This investment means that Byd Company Limited(002594) has made strides in the business layout of Cecep Solar Energy Co.Ltd(000591) photovoltaic modules and system solutions.
production and sales increased more than three times
raised by a group of stars
On February 7, the “first brother” Byd Company Limited(002594) of new energy vehicles released the production and sales express in January. The data showed that the production and sales express in January 2022 was 94101 vehicles in that month, with a year-on-year increase of 97.62%; The sales volume was 95422, with a year-on-year increase of 125.05%. Among them, the output of new energy vehicles was 91736, with a year-on-year increase of 309.66%; The sales volume was 93168, with a year-on-year increase of 361.73%.
As a big brother in the field of new energy, Byd Company Limited(002594) has been deeply engaged in new energy technology for many years. Almost all the most critical batteries, motors and electronic controls of electric vehicles have chosen self-research. At present, Byd Company Limited(002594) has built six automobile industry bases in Xi’an, Beijing, Shenzhen, Shanghai, Changsha and Tianjin, as well as Anhui Hefei factory, Jiangsu Changzhou factory and Henan Zhengzhou factory under construction.
In 2021, the annual sales volume of Byd Company Limited(002594) passenger cars was 730093, with a year-on-year increase of 75.4%. Among them, the annual sales volume of new energy was 593745, with a year-on-year increase of 231.6%, setting a new record for the sales volume of Shanxi Guoxin Energy Corporation Limited(600617) passenger cars.
In 2022, Byd Company Limited(002594) will also enter a new round of product offensive. According to several media reports, according to the plan, Byd Company Limited(002594) will launch a number of new models, including Byd Company Limited(002594) Han DM-I, yuan plus, destroyer and so on. In addition, with the improvement of production capacity, sales may continue to rise this year.
In terms of share price, last year’s Byd Company Limited(002594) cumulative increase was nearly 40%. Since the beginning of the year, the share price has slightly corrected.
As of last year’s fourth quarter report, Byd Company Limited(002594) A shares were held by 446 funds to varying degrees. At present, the champion jiqianhai open source utility last year has the largest number of shares. In addition, many star fund products have heavy positions in Byd Company Limited(002594) .
