Securities code: Shenzhen Xfh Technology Co.Ltd(300890) stock abbreviation: Shenzhen Xfh Technology Co.Ltd(300890) Shenzhen Xfh Technology Co.Ltd(300890)
Shenzhen XFH Technology Co., Ltd
(unit J, 20 / F, block C, building 9, Baoneng Science Park, No. 1, Qingxiang Road, Longhua street, Longhua new area, Shenzhen)
Feasibility analysis report on the use of funds raised by issuing shares to specific objects through simple procedures in 2022
March, 2002
1、 Use plan of the raised funds
The company plans to issue A-share shares to specific objects through simple procedures, and the total amount of funds to be raised shall not exceed (including) 22 million yuan. The net amount of funds raised after deducting the issuance expenses will be used for the following projects:
Unit: 10000 yuan
Project name estimated total investment amount proposed to use raised funds
30000 ton high-end graphite anode material 54815401450000 production base construction project
R & D center construction project 1347295750000
Total 68288352200000
If the actual net amount of raised funds (after deducting the issuance expenses) is less than the total amount of raised funds to be invested in the project, the insufficient part of raised funds shall be raised by the company itself. Before the raised funds are in place, the company will invest in advance with self raised funds according to the actual progress of the investment project with raised funds, and replace them according to the procedures specified in relevant laws and regulations after the raised funds are in place.
2、 Necessity and feasibility of the project invested by the raised funds
(I) 30000 ton high-end graphite anode material production base construction project
1. Project overview
The natural graphite production base in shuigong Town, Fujian Province will be built after the completion of the project. Through the construction of standardized production plants, the introduction of advanced machinery and equipment and high-quality and experienced production related personnel, build a production workshop of artificial graphite negative electrode materials and natural graphite negative electrode materials with high automation level, reasonable spatial structure layout, clean and environmental protection, and form 20000 tons of high-end artificial graphite negative electrode materials The annual production capacity of high-end natural graphite cathode materials is 10000 tons, so as to meet the needs of the company's business development in the next few years.
The project construction mainly includes land purchase, plant and warehouse construction, purchase of advanced production equipment, production and recruitment of management personnel. The total investment of the project is 548154 million yuan, including construction investment of 4818045 million yuan, reserve fund of 144541 million yuan and initial working capital of 518954 million yuan.
The "30000 ton high-end graphite anode material production base construction project" has a total investment of 5481540 billion yuan. The company has raised 3235016 million yuan for the construction of the above projects when it first issued shares in 2020. Since the funds raised in the previous time are lower than the estimated total investment of the above projects, in order to ensure the smooth implementation of the project and improve the overall competitiveness of the company, the company plans to issue shares to specific objects this time and use the funds raised this time to invest and construct the project with 148 million yuan.
2. Necessity of project implementation
(1) Seize the development opportunities of the industry and realize rapid development
Due to the characteristics of small volume, large storage capacity and long service life, lithium battery is widely used in consumer battery market, power battery market and energy storage battery market. With the development of mobile Internet technology, consumer electronics lithium battery has a huge market demand; With the strong support of governments around the world, the new energy vehicle industry has begun to be commercialized. The use and waste of lead-acid and nickel lithium batteries in secondary batteries may cause great pollution to the environment. Lithium batteries have been widely used by new energy vehicles because of their green and environmental protection characteristics. Since 2015, electric vehicles have surpassed mobile phones to become the largest application terminal of lithium batteries, and the market prospect is huge. In addition, energy storage is mainly used in the process of unstable photovoltaic, wind and other new energy power generation, transmission and distribution and power consumption. It has a wide application space, especially in the energy storage of distributed generation and the backup power market of communication base stations.
Graphite negative electrode material has become the mainstream negative electrode material of lithium battery due to its excellent performance. The company has developed polycrystalline natural graphite construction technology, liquid-phase deposition synthesis technology, natural graphite micro expansion technology, combined with nano coating technology, micro powder structure construction technology, high-temperature carbonization surface modification technology, high-speed particle dispersion and screening technology, It provides a solution for the research and industrialization of low-temperature and low-cost graphite anode materials for lithium batteries. With advanced technology, excellent product quality and fast product R & D delivery cycle, the company's product sales volume has increased rapidly, and the existing production capacity has been unable to meet the needs of the rapid development of the enterprise. Through the construction of this project, the company will add 30000 tons of graphite cathode material production capacity, so as to seize the development opportunities of the industry and realize the rapid development of the company.
(2) Reduce production costs, improve product quality and enhance product competitiveness
Since its establishment, the company has focused on the field of lithium battery cathode materials. After years of production and operation, the company has accumulated rich experience. The technical indicators of the company's graphite cathode materials are leading in the industry. The project adopts automatic production line, which changes the raw manual incoming and outgoing materials into pipeline transportation, greatly reduces dust overflow, improves the workshop production environment and improves the utilization rate of raw materials; At the same time, the introduction of automatic production line can also reduce labor costs.
In view of the quality control difficulties in the product production process, targeted quality control measures will also be taken for the construction of the raised investment project. After the completion of the project, the company can reduce the production cost and improve the product quality through advanced automatic production equipment and excellent production technology, so as to expand the profit space of the company and enhance the market competitiveness of the company's products.
3. Feasibility of project implementation
(1) Supported by the national industrial policy and planning, the lithium battery industry has broad development prospects
New energy and new material industries are key industries in China. The government encourages, supports and guides the healthy development of new energy and new material industries from the aspects of policies, regulations and industrial supporting facilities.
As an indispensable part of new energy and new material industry, graphite cathode material industry is of great significance to the development and innovation of national new energy and new material industry. In recent years, the state has increased its support for the negative electrode material industry and formulated and promulgated a series of industrial policies. The negative electrode material industry is supported by the national industrial policy. The implementation of the project adopts advanced production technology and core technology, which is a project strongly supported and encouraged by the state.
The graphite anode material produced by the company is an important part of lithium battery. With the rapid development of modern electronic information technology, lithium battery has been more and more applied in industry, national defense, science and technology and life. At present, lithium batteries have been widely used in notebook computers, tablet computers, mobile phones, mobile power supplies and other consumer electronic products and new energy vehicles. As the core material of lithium battery, the market demand of cathode material is also increasing. In recent years, portable electronic consumer goods have been gradually integrated into people's daily life, and the electric vehicle industry will also begin commercial promotion with the strong support of governments all over the world, which will promote the rapid development of lithium battery industry and bring broad development space to the company's graphite negative electrode materials.
(2) The issuer's profound technical accumulation has laid the foundation for the implementation of the project
The issuer has always paid attention to technology research and development, and has established a special technology research and Development Center since its inception. The scientific research personnel of the company have excellent theoretical knowledge, and the core personnel have more than ten years of industry R & D experience. At present, the company has a number of independent intellectual property patent technologies such as natural graphite negative electrode material, artificial graphite negative electrode material, silicon carbon negative electrode material and graphene, and has obtained 57 national patent intellectual property certificates (49 invention patents and 8 utility model patents). The polycrystalline natural graphite construction technology, liquid-phase deposition synthesis technology and natural graphite micro expansion technology developed by the company, combined with nano coating technology, micro powder structure construction technology, high-temperature carbonization surface modification technology, high-speed particle dispersion and screening technology, provide solutions for the research and industrialization of low-temperature and low-cost graphite cathode materials for lithium batteries.
The company actively carries out production, learning and research cooperation to improve the company's product R & D strength. At present, the company has established long-term industry university research bases with Tsinghua University and Chongqing University to strengthen project cooperation, increase product development, increase new product testing and the promotion and application of new processes; The company has also established a partnership with Shenzhen advanced battery and material testing and R & D public technology service platform, which provides a guarantee for the stability and improvement of product quality. (3) Excellent product quality and expanding customer base contribute to the digestion of new production capacity
The company is a high-tech enterprise mainly engaged in R & D, production and sales of negative electrode materials for high-end lithium-ion secondary batteries. It is committed to providing solutions for digital 3C lithium battery manufacturers and power lithium battery manufacturers. In the field of lithium battery negative electrode materials, the company has strong R & D ability and excellent product quality, especially the R & D and industrialization project of low-temperature and low-cost graphite negative electrode materials for new energy vehicles independently developed by the company, which has greatly improved the service performance of lithium-ion secondary batteries in cold seasons and high latitudes, and has great market and social value for the improvement of low-temperature performance of lithium batteries.
At present, the company has officially become a qualified supplier for LG new energy and Samsung SDI. After years of years of accumulation, the company has officially become a qualified supplier for LG new energy and Samsung SDI. Now, the company has officially become a qualified supplier for LG new energy and Samsung SDI. The company has officially become a qualified supplier for LG new energy, Samsung SDI's SDI. After years of years of accumulation, the company has accumulated a lot of customer resources, including Hongda Xingye Co.Ltd(002002) 594 \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ and other well-known enterprises. The company's high-quality customer base provides a strong guarantee for the digestion of the production capacity of the 30000 ton graphite cathode material expansion project.
4. Project investment estimate
The total investment of the project is 548154 million yuan, including 4818045 million yuan of construction investment, 144541 million yuan of reserve fund and 518954 million yuan of initial working capital. The construction investment mainly includes the purchase and installation costs of machinery and equipment, civil engineering costs, other costs of construction projects, etc. The details are as follows:
No. project or cost name investment estimation (10000 yuan) proportion
1. Construction investment 4818045 87.90%
1.1 construction works and equipment 4258132 77.68%
1.1.1 machinery and equipment purchase and installation cost 2981343 54.39%
1.1.2 civil engineering cost 1276789 23.29%
1.2 other expenses of construction project 559913 10.21%
2 reserve fund 144541 2.64%
3. Initial working capital 518954 9.47%
4. Total investment of the project 5481540 100.00%
5. Project implementation subject and site selection
The implementation subject of this project is Fujian Shenzhen Xfh Technology Co.Ltd(300890) new energy materials Co., Ltd., a wholly-owned subsidiary of the issuer. The construction site of the project is located in Shuidong Industrial Park, Gongchuan Town, Yong'an City, Fujian Province. It is a constructable industrial land, and the real estate certificate has been handled.
Serial No. real estate property No. obligee location use right area use right holder (㎡)
Minyong (2018) Sanming City, Fujian Province
1. Real estate property right of an City, Fujian Xiang, Gongchuan Town, Yong'an County, 6937800 industrial land, Fujian
No. 0001816 Fenghua Shuidong Park 22 Shenzhen Xfh Technology Co.Ltd(300890) No
Minyong (2018) Sanming City, Fujian Province
2. Real estate property right of an City, Fujian Province: 6902900 industrial land in Gongchuan Town, Xiang Yong'an County, Fujian Province
No. 0001815 Fenghua Shuidong Park 29 Shenzhen Xfh Technology Co.Ltd(300890)
