Overweight lithium battery, "rising sound" response.
On the evening of December 7, Baiyin Nonferrous Group Co.Ltd(601212) disclosed that it plans to start the cooperative construction of 200000 tons of high-grade lithium battery copper foil project. After opening today, Baiyin Nonferrous Group Co.Ltd(601212) rose by the limit, with a turnover of 143 million yuan throughout the day, which can be seen from the market's pursuit of the project.
cooperative construction of lithium battery copper foil project
Specifically, the total investment of the project is about 12.15 billion yuan. It is preliminarily determined that the main product is electrolytic copper foil for 4.5 micron and 6 micron lithium batteries. The main body of the project is Gansu Defu new materials Co., Ltd. (hereinafter referred to as "Gansu Defu"), which was established in Lanzhou New Area in June 2018 with a registered capital of 500 million yuan.
According to tianyancha data, Gansu Defu has four shareholders, of which Jiujiang Defu has become the largest shareholder with a shareholding ratio of 51%, Baiyin Nonferrous Group Co.Ltd(601212) , Xinglong capital under Gansu SDIC and Lanzhou New Area Investment Holding Co., Ltd. hold 37%, 10% and 2% respectively. According to the preliminary calculation of the proportion of the project capital in the total investment, Baiyin Nonferrous Group Co.Ltd(601212) invested about 1.57 billion yuan.
The announcement shows that the 200000 ton high-grade electrolytic copper foil project needs to be completed by stages. According to the plan, the current electrolytic copper foil production capacity of the project is basically 30000 T / A. the phase III 40000 t / a project is under construction, and the production capacity will reach 70000 T / a by the end of 2022. In the future, another 130000 tons of production line will be built, and the overall 200000 tons of high-grade electrolytic copper foil project is planned to be completed in 2025.
The data show that from January to September 2021, Gansu Defu has produced 9527 tons of various types of copper foil, realized a sales revenue of 907 million yuan and a profit of 159 million yuan.
The reporter noted that the lithium battery copper foil project constructed by Gansu Defu was a key investment attraction project signed and introduced at the 24th Lanzhou Fair held in 2018, and officially started construction in Lanzhou New Area on July 5, 2018. At that time, the construction content of the project was "building a high-grade electrolytic copper foil project with an annual output of 50000 tons". In August 2019, Gansu Defu phase I copper foil production line with an annual output of 10000 tons was put into operation. The main products include four series: 12-105 microns for PCB and 5-9 microns for power battery.
It is worth mentioning that the production technology capacity of Gansu Defu mainly relies on Jiujiang Defu, the major shareholder.
Statistics show that Jiujiang Defu, established in 1985, is mainly engaged in the R & D, production and sales of electronic copper foil. The copper foil products are mainly used in the two industries of printed circuit board and lithium electronic battery. In 2017, the company's technical team successfully developed 6 micron lithium battery copper foil products with high tensile strength. The production technology has been approved as a major scientific and technological R & D project in Jiangxi Province and has promoted mass production. It is reported that its main downstream customers include Byd Company Limited(002594) , Contemporary Amperex Technology Co.Limited(300750) , Gotion High-Tech Co.Ltd(002074) , Shengyi Technology Co.Ltd(600183) , LG chemistry and other well-known enterprises at home and abroad.
the industrial chain is expected to be extended
Baiyin Nonferrous Group Co.Ltd(601212) is an important manufacturer of copper products in China, with an annual production capacity of 200000 tons of cathode copper. For the cooperative construction project, Baiyin Nonferrous Group Co.Ltd(601212) said that the main raw material required for the high-grade electrolytic copper foil project is copper. The company can give full play to its advantages of copper raw materials, ensure the stability of the project supply chain and lay a solid foundation for the project construction.
It is worth mentioning that the 200000 ton high-grade lithium battery copper foil project invested and built by Baiyin Nonferrous Group Co.Ltd(601212) is "at the right time" for lithium battery materials with significantly increased market demand.
"In 2020, the global output of lithium battery copper foil will be 183000 tons. Compared with the demand of 212000 tons, there will be a gap of 29100 tons, and the gap between supply and demand will increase year by year." According to the Research Report of some securities companies, from the perspective of the development momentum of new energy vehicle industry, power battery has become the main driving force for the increase of demand for lithium battery copper foil. "It is estimated that from 2021 to 2025, the global demand for lithium battery copper foil will reach 330300 tons, 444500 tons, 537000 tons, 648900 tons and 789200 tons respectively, and the compound growth rate will reach 30.05% in the next five years."
(Shanghai Securities News)
