February 15. According to the obituary published on the official website of Contemporary Amperex Technology Co.Limited(300750) , Dr. Zhang Yujie, honorary chairman of Contemporary Amperex Technology Co.Limited(300750) , died on February 14, 2022 at the age of 79.
created a world-class battery giant
Public information shows that Zhang Yujie was born in 1943 and his ancestral home is Tai’an City, Shandong Province. He graduated from Taiwan University with a bachelor’s degree in 1965 and from the University of Notre Dame with a doctorate in 1973.
After graduation, Zhang Yujie successively worked in Ford Motor Company, IBM company and Conner peripheral in the United States, engaged in engineering research and development and management. In 1994, he resolutely gave up the advantages of the United States and joined Hong Kong Xinke Industrial Co., Ltd. (SAE). In 2007, he joined Hong Kong New Energy Technology Co., Ltd. (ATL) and successively served as vice chairman and chairman.
Enterprise check app shows that Zhang Yujie once served as a director of Dongguan New Energy Technology Co., Ltd., and Zeng Yuqun, the founder of Contemporary Amperex Technology Co.Limited(300750) in the same period, served as the chairman and legal representative of the company. The two resigned from relevant positions in 2017. Enterprise investigation shows that Dongguan New Energy Technology Co., Ltd. is currently wholly owned by New Energy Technology Co., Ltd.
In 2011, Zhang Yujie established Contemporary Amperex Technology Co.Limited(300750) New Energy Technology Co., Ltd. (catl) as an independent R & D Department of ATL power battery. Since 2017, he has served as the honorary chairman of Contemporary Amperex Technology Co.Limited(300750) .
In 2018, the Standing Committee of Ningde Municipal People’s Congress announced on its website that in view of Mr. Zhang Yujie’s outstanding contributions to the development of Ningde’s economy, society and leading industries, the Standing Committee of Ningde Municipal People’s Congress decided to award Mr. Zhang Yujie, an American Chinese, the title of “honorary citizen of Ningde City”.
Contemporary Amperex Technology Co.Limited(300750) in his obituary, Dr. Zhang Yujie said that he has learned both Chinese and western, has a global strategic vision, has a thorough understanding of science and technology, and adheres to the concept that colleagues are family, which has trained a large number of talents for the enterprise and society. Over the past ten years, he has always fought side by side with catl and witnessed transcendence and victory again and again. Si is dead, and his fighting spirit will be inherited forever in catl.
The Organization predicts that the global installed market share of Contemporary Amperex Technology Co.Limited(300750) will increase by 35%
Contemporary Amperex Technology Co.Limited(300750) has grown rapidly into the world’s leading battery company in just ten years since its establishment. According to the Research Report of SNE research, the global installed capacity of Contemporary Amperex Technology Co.Limited(300750) power battery reached 96.7gwh in 2021, accounting for 32.6%, far exceeding LG new energy, Panasonic and other overseas companies, leading the global battery industry for five consecutive years.
According to the latest research report of Soochow Securities Co.Ltd(601555) , the global launch of new electric vehicle models is intensive in 2022, and the sales of new energy is expected to exceed 10 million, with a year-on-year growth of 67%. Among them, the sales of electric vehicles in China is expected to exceed 6 million and 2.8-2.9 million in Europe. Considering that 2022 is still a big year of global electric vehicle sales, the superimposed energy storage continues to increase significantly, It is estimated that the global demand for power + energy storage batteries will be 700-800gwh in 2022, with a year-on-year increase of 70%. Among them, it is expected that the overall shipment volume of Contemporary Amperex Technology Co.Limited(300750) in 2022 is expected to reach 300gwh, including 50gwh of energy storage and 250gwh of power, which will continue to more than double, and the global installed market share will further increase to 35% +, with growth elasticity far exceeding that of overseas battery enterprises.
Recently, affected by many rumors, Contemporary Amperex Technology Co.Limited(300750) share price has been significantly adjusted. In this regard, Contemporary Amperex Technology Co.Limited(300750) also issued an announcement to refute the rumors, and said that a series of rumors such as the company being sanctioned by the United States and the collapse of talks with Tesla had been reported to the public security organ. Two trading days after the announcement, Contemporary Amperex Technology Co.Limited(300750) share price warmed up again and the trend was stable.
According to the judgment of Citic Securities Company Limited(600030) , Contemporary Amperex Technology Co.Limited(300750) fundamentals are still strong. In terms of market share, the global / Chinese market share of the company in 21 years was 32.6% / 52.4% respectively. It has maintained the first position in the world for five consecutive years, and the leading position is expected to be maintained. It is estimated that the sales volume of new energy vehicles in China / around the world in 2022 will be 5.5 million / 9.62 million respectively, and the corresponding power battery demand will be 286 / 500gwh respectively. Superimposed on the rapidly growing demand of the energy storage industry, the demand side of the industry will remain strong, the company’s production capacity will be accelerated, and the breakthrough of overseas power batteries and energy storage batteries is expected to be accelerated.