Since the official announcement of entering the photovoltaic field in November, Lens Technology Co.Ltd(300433) is vigorously promoting the implementation of the photovoltaic strategy in just over a month.
On December 15, "2021 China photovoltaic industry annual conference and (Chuzhou) photovoltaic innovation and Development Summit Forum" was held in Chuzhou, Anhui Province. At the summit forum, Chuzhou signed 8 major investment promotion projects in photovoltaic industry, with a total investment of more than 60 billion yuan, one of which is the new energy and electronic information industrial park project invested by Lens Technology Co.Ltd(300433) in Fengyang County.
In the next 10 days, Lansi has just signed a strategic cooperation agreement with Triumph Science & Technology Co.Ltd(600552) Group Co., Ltd., a wholly-owned subsidiary of China Building Materials Group Co., Ltd., and the two sides will carry out in-depth cooperation in technology, materials and equipment in the field of new energy and new materials.
At present, the world is experiencing the third energy revolution from fossil energy to renewable energy. Governments have formed a high consensus on addressing climate change and "carbon neutrality". The central economic work conference held not long ago stressed the need to further promote the energy revolution and speed up the construction of an energy power.
In renewable energy, photovoltaic is considered to occupy a high proportion. The world energy transformation Outlook: 1.5 ° C outlook released by the International Renewable Energy Agency in March this year points out that by 2050, the proportion of renewable energy power generation will increase to 90%, and the global photovoltaic installed capacity will exceed 14000gw; The "net zero emissions in 2050: global energy industry roadmap" released by the International Energy Agency in May this year also pointed out that by 2050, almost 90% of electricity will come from renewable energy, Cecep Solar Energy Co.Ltd(000591) and wind energy account for 70%.
For Lens Technology Co.Ltd(300433) , entering the photovoltaic field is undoubtedly one of the biggest tuyeres in the next few years. Although this is called "cross-border", strictly speaking, Lens Technology Co.Ltd(300433) is more an extension of the original product and technical advantages. The overweight PV track will create new medium and long-term performance growth points for Lens Technology Co.Ltd(300433) , accelerate the transformation of the company's energy structure to renewable energy, and actively respond to the "double carbon" goal.
photovoltaic layout intensive landing
On November 3, Lens Technology Co.Ltd(300433) disclosed the announcement on foreign investment and establishment of subsidiaries, which said that with the approval of customers in relevant industries, the company recently established a wholly-owned subsidiary, Hunan Lansi new energy Co., Ltd., with a registered capital of 1 million yuan, mainly engaged in photovoltaic glass products, photovoltaic equipment and components, photovoltaic power generation projects and other businesses, And obtained the business license issued by Yuelu district market supervision and Administration Bureau of Changsha City.
Only one month after haotou established a subsidiary of 1 billion to expand the photovoltaic track, Lens Technology Co.Ltd(300433) added the photovoltaic industry again. On December 6, Lens Technology Co.Ltd(300433) announced that it had signed a strategic cooperation agreement with Triumph Science & Technology Co.Ltd(600552) Group Co., Ltd., laying a strategic partnership for both sides.
According to the agreement, in the future Lens Technology Co.Ltd(300433) will give full play to the advantages of advanced technology and industrial scale in the field of glass processing, and promote in-depth cooperation between the two sides in technology, materials and equipment in the field of new energy and new materials in combination with the experience of Triumph Science & Technology Co.Ltd(600552) group in the field of photovoltaic new materials. Triumph Science & Technology Co.Ltd(600552) group will also increase investment in R & D of new technologies and processes, provide EPC engineering general contracting services, and accelerate the implementation of the whole industrial chain layout of resource selection and construction, kiln construction and technical processing of Lens Technology Co.Ltd(300433) photovoltaic glass project.
In addition to the contents of the agreement, Lens Technology Co.Ltd(300433) will also cooperate with Triumph Science & Technology Co.Ltd(600552) group in upstream raw materials and new materials.
Then, in mid December, Lens Technology Co.Ltd(300433) joined hands with Chuzhou, Anhui, and the photovoltaic layout was the next city.
Chuzhou is known as the "city of photovoltaic". In recent years, Chuzhou, based on its superior resource endowment, has taken the lead in planning to seize the beach and layout the photovoltaic industry, introduced a large number of well-known leading enterprises to invest in Chuzhou, and realized the rapid development of the photovoltaic industry from scratch. At present, the production capacity of photovoltaic modules and photovoltaic glass accounts for 60%, 50% of Anhui Province, 11% and 21% of China, Become a new highland for the agglomeration and development of photovoltaic industry.
It is understood that half a year before the first kiln of Lansi new energy project is put into operation, Fengyang county government will assist and ensure that the project company obtains one quartz mining right in the proposed mining right according to law and regulations. At that time, Lens Technology Co.Ltd(300433) will obtain the raw material resources required for photovoltaic glass production and strengthen the control ability of the supply chain. In addition, with the support of the partners, the project company will efficiently solve the emission indicators and the demand for project land. After a series of core elements such as energy consumption index, raw materials and land are effectively guaranteed, Lansi's project in Chuzhou is expected to accelerate.
The strategic significance of the signing with Chuzhou is that Lens Technology Co.Ltd(300433) has opened up the cooperative layout of photovoltaic glass front-end from raw materials to kiln construction, laying a solid foundation for the rapid implementation of the strategy.
seize the "greatest certainty in the future"
At present, the global energy transformation is the general trend. More than 100 countries have put forward the climate goal of "zero carbon" or "carbon neutralization".
After China made the goal of "carbon peak by 2030 and carbon neutralization by 2060" to the world in September 2020, it made a commitment that by 2030, the proportion of non fossil energy in primary energy consumption will reach about 25%, and the total installed capacity of wind power and Cecep Solar Energy Co.Ltd(000591) power generation will reach more than 1.2 billion kw.
The two wheel drive of policy and technological progress has driven the sustained prosperity of the photovoltaic industry. Some investors call photovoltaic "the greatest certainty in the future". Since this year, the valuation of the new energy sector in the A-share market has been bullish, and the photovoltaic and other industries related to new energy continue to be favored by capital.
According to the prediction of China Photovoltaic Industry Association, under neutral conditions, the global new PV installed capacity is expected to increase from 130gw in 2020 to 300gw in 2025, and the new PV installed capacity in China is expected to increase from 48.2gw in 2020 to 100gw in 2025.
Although PV is a popular track, Lansi is by no means rash to enter the race - PV glass is mainly used on PV cell modules, which is located at the outermost layer of the cell modules, plays a role in protection and light transmission, and is an essential component; And Lens Technology Co.Ltd(300433) is already the leader in the protective glass industry of consumer electronic products.
Lens Technology Co.Ltd(300433) has also made full preparations. At present, it has cooperated with a number of expert teams in the photovoltaic and photovoltaic glass industry to form a leading photovoltaic and photovoltaic glass technology team in the industry. It has carried out technical R & D, production line and product verification of photovoltaic glass and other products in advance, which can develop the company's advanced processing technology of high-precision special glass for consumer electronics products The advantages of efficiency and yield make the photovoltaic glass have high transmittance, lighter and thinner, and higher strength.
The Research Report of Citic Securities Company Limited(600030) points out that Lens Technology Co.Ltd(300433) has a leading advantage in the accumulation of post-processing process capacity such as coating and chemical strengthening. In recent years, the thickness of cover glass of various intelligent terminals mainly manufactured is less than 1.2mm, the thinnest double-layer glass of intelligent vehicle can reach 1.0mm, and the limit of UTG glass can reach 0.3mm. The company has accumulated technical advantages in the field of consumer electronics and intelligent vehicle, It is expected that dimensionality reduction will be applied in the field of photovoltaic glass and become the core support to continuously obtain market share in this field in the future.
Holding hands with Triumph Science & Technology Co.Ltd(600552) is like adding a heavy "insurance" to Lance's entry into the photovoltaic industry.
The Pacific Securities Co.Ltd(601099) the securities research report pointed out that with the help of experienced Kaisheng, Lansi built a photovoltaic ultra-thin glass kiln production line, which itself well avoided the construction risk of Lansi in the front kiln field, making Lansi less detours in the front construction and design direction.
In addition, it takes nearly a year for the kiln to reach mass production. In this range, Kaisheng group will supply raw photovoltaic glass chips and other materials for Lansi, and enjoy priority supply and the most preferential price. At the same time, it can also have the support of professional technical training and professionals, which can fully ensure that Lansi has not improved the layout of the previous kiln industry chain, It can first obtain the best front competitive advantage in the industry, then give full play to the company's strong process and technical heritage in the rear field, and pay for the ultra-thin glass products with full advantages in performance and price for downstream component manufacturers.
Photovoltaic glass is an important auxiliary material in the photovoltaic industry chain. With the rapid growth of photovoltaic installed capacity, the price of photovoltaic glass increased by about 70% in the second half of last year.
CICC research report believes that compared with other photovoltaic industry segments, photovoltaic glass has the advantages of high output growth, fast production expansion progress, great strength, high return on investment and large gross profit space. Some studies predict that in 2025, the demand for photovoltaic glass will be 3.04 billion square meters or 18.71 million tons, and the 20-25 CAGR will be 23% and 20% respectively. The demand growth of thin glass and wide glass will be better.
From the business scope disclosed by the new company, the future photovoltaic version of Lansi will not only include photovoltaic glass processing, but also include the manufacturing of photovoltaic equipment and components and industrial glass products; Research and development of photovoltaic equipment and components; Technology development, technology transfer and operation management of photovoltaic projects; Self production, self use and sales of waste heat power generation and photovoltaic power generation projects; Development and EPC of photovoltaic power plant project; Operation and maintenance of photovoltaic power station system, etc.
This means that the entry point for Lens Technology Co.Ltd(300433) to enter the photovoltaic industry may be photovoltaic glass, but it will also aim at a longer industrial chain layout, which will also bring greater imagination to Lansi's future performance growth.
(21st Century Business Herald)
