On March 8, Miracle Automation Engineering Co.Ltd(002009) ( Miracle Automation Engineering Co.Ltd(002009) . SZ) announced that the company signed the framework cooperation agreement with JD Technology Information Technology Co., Ltd. (hereinafter referred to as “JD technology”). In response to the carbon summit and carbon neutral strategy, the two sides are going to take full advantage of their respective advantages to further promote the green supply chain management system of waste lithium batteries, and realize the “Internet plus recovery” scenario sharing resources and complementary advantages, and build a recycling ecosystem for lithium batteries.
join hands with JD technology to build a lithium battery recycling ecosystem
According to the announcement, Miracle Automation Engineering Co.Ltd(002009) will make use of its existing industrial resources and experience in lithium battery recycling industry and automobile related fields. JD technology will make use of its warehousing and logistics, supply chain technology, cloud computing and big data management capabilities to jointly build an ecological system for lithium battery recycling, establish an industry benchmark for lithium battery recycling, and fully realize economic benefits The organic unity of environmental benefits and social benefits.
According to the announcement, Miracle Automation Engineering Co.Ltd(002009) will work with JD technology to build an integrated platform for lithium battery recycling, echelon utilization, disassembly and crushing and element recycling, providing retired battery recycling and information traceability, matching transactions, rapid battery detection and safety maintenance, warehousing and custody, logistics organization, and industry analysis Comprehensive integrated services such as technical consultation. Meanwhile, based on the landing of the new business mode of “Internet plus recycling”, we further promote the company to extend from the B side to the C side, and gradually improve the layout of the waste lithium battery storage and transportation management field and the closed-loop recycling of lithium battery recycling industry. In the follow-up, the two sides will also explore the joint construction of business service outlets in major customer concentration areas and key cities, explore the construction of an integrated supply chain solution for lithium battery recycling logistics, and further expand relevant technologies and services such as power battery maintenance and power exchange services according to market demand.
Miracle Automation Engineering Co.Ltd(002009) Chairman Huang Bin said: “I am very optimistic about this cooperation with JD technology. For a long time, Miracle Automation Engineering Co.Ltd(002009) focuses on” serving the whole life cycle of vehicles “Take the lithium battery recycling industry as the key strategic development direction and open the closed loop of the lithium battery life cycle industry chain. It is believed that the strong cooperation with JD technology will help promote the long-term development of the lithium battery recycling industry.”
Vice president of JD group Li Bo, President of Jingdong technology financial technology group, said: Taking JD cloud technology and storage technology as the core of the enterprise’s carbon reduction industry, the company will build its own high-quality logistics platform with the help of JD cloud’s technology and logistics “Sustainable development.”
power battery recycling market high-profile and in-depth layout of industrial chain
According to the data, with the rapid development of China Shanxi Guoxin Energy Corporation Limited(600617) automobile, the sales of China Shanxi Guoxin Energy Corporation Limited(600617) automobile reached 3521000 in 2021, with a year-on-year increase of 1.6 times, ranking first in the world for seven consecutive years. Driven by the high increase in production and sales, the loading volume of new energy power batteries is higher, and the new energy vehicles sold in the early stage will be gradually scrapped, which also ushers in the current strong recycling demand for retired batteries. In November 2021, the Ministry of industry and information technology issued the “14th five year plan” for industrial green development, proposing that a relatively perfect power battery recycling system will be built by 2025. Recently, eight departments including the Ministry of industry and information technology, the national development and Reform Commission and the Ministry of science and technology jointly issued the implementation plan on accelerating the comprehensive utilization of industrial resources, which once again proposed to improve the recycling system of waste power batteries, strengthen the whole life cycle traceability management of new energy vehicle power batteries, and promote the cooperation between upstream and downstream of the industrial chain to jointly build recycling channels.
In fact, lithium battery recycling industry is one of the key layout directions of Miracle Automation Engineering Co.Ltd(002009) in recent years. On June 29, 2021 Miracle Automation Engineering Co.Ltd(002009) announced that the company and the administrative committee of Longnan Economic Development Zone, Ganzhou City, Jiangxi Province signed the contract for investment in the production of retired power batteries, lithium batteries and ternary precursors, or will form a production project with an annual output of 30000 tons of ternary precursors and 12000 tons of battery grade lithium carbonate in the next five years, Further extend the existing element extraction business of jintaige and Tianqi lithium to the downstream battery material manufacturing business, and finally form a complete industrial chain of resource utilization of waste batteries of “battery recycling element extraction material manufacturing”. On September 9, 2021, Miracle Automation Engineering Co.Ltd(002009) announced a cooperation with FAW Asset Management Co., Ltd., a wholly-owned subsidiary of FAW Group. The two sides intend to build in-depth cooperation in the fields of power battery recycling and remanufacturing of automobile core parts.
According to the performance forecast of 2021 issued by Miracle Automation Engineering Co.Ltd(002009) previously, it is estimated that the net profit attributable to the shareholders of the listed company in 2021 will be 150180 million yuan, with a year-on-year increase of 145.71% – 194.85%, which is partly due to the significant increase in the operating revenue and profit of the company’s lithium battery cycle sector. This time, the company is expected to further enhance its profitability through the cooperation with JD technology to deeply layout the industrial chain.
