Years and months do not live, the season is like a stream. On December 31, on the “closing day” of 2021, the “2022 annual meeting of new wealth, new kinetic energy and new vision new energy automobile industry chain investment” guided by China Automobile Industry Association, Changzhou Jintan District People’s government and jointly sponsored by the automobile industry department of new wealth and securities times opened in Maoshan, Jintan.
Under the guidance of global carbon peak and carbon neutralization goals, new energy has become an important direction for the future development of the automotive industry. With the rising market share of new energy vehicles, the upstream and downstream sectors of the related upstream materials, power cells, photovoltaic power generation, wind power, energy storage, charging piles, high-voltage power transmission and transformation and other industrial chains have also ushered in a rapid warming, showing a vigorous scene.
In this context, how to promote the intensive combination of capital and industry to better dredge the new energy vehicle industry chain and form a cluster effect has become one of the most concerned topics in the industry. Therefore, this annual meeting on new energy automobile industry chain investment has focused on the opportunities and challenges faced by industrial investment and financing, and brought together representatives from local governments, industry associations, investment institutions, securities companies, enterprises and other sectors to talk about the new opportunities and trends of new energy automobile industry chain.
At the event site, Changzhou Jintan District Industrial Innovation and development fund was officially established, with a total fund of 10 billion yuan.
to develop new energy vehicles, we should pay attention to all links of the industrial chain
Under the guidance of global carbon peak and carbon neutralization goals, new energy has become an important direction for the future development of the automotive industry. According to the latest forecast given by China Automobile Industry Association, it is expected that the total sales volume of Chinese vehicles will reach 27.5 million in 2022, of which the sales volume of new energy vehicles is expected to be 5 million, a year-on-year increase of 47% and the market share is expected to reach 18%.
Wei Haili, deputy general manager of new wealth, said in her speech that compared with the traditional automobile industry chain, the industrial chain of new energy enterprises is more complex, involves more fields and needs more capital injection support. China’s successful experience in promoting new energy vehicles tells us that cultivating such an emerging pillar industry with trillion units, high difficulty in technological innovation and strong radiation capacity requires not only the mutual mobilization and positive action of upstream and downstream enterprises, but also the joint efforts of capital from all walks of life. It is hoped that through the holding of this annual meeting, we can create multi-party cooperative operation, return to the origin and original intention of financial services to the real economy, and jointly promote the healthy development of China’s automobile industry and even China’s economy.
Indeed, the promotion of the new energy vehicle industry must not rely solely on a single industry. The coordination and smoothness of the industrial chain plays a vital role in the scale growth of new energy vehicles. In this regard, ye Shengji, chief engineer and Deputy Secretary General of China Automobile Industry Association, stressed in his speech that to promote the development of new energy vehicle industry, we should not only pay attention to new energy vehicles and power batteries, but also pay attention to every link in the new energy vehicle industry chain. Only when each link is strong can the Shanxi Guoxin Energy Corporation Limited(600617) automobile industry chain be safe and controllable. When the industry chain is strong, the whole industry will be stronger. Ye Shengji pointed out that the local government represented by Jintan District of Changzhou is a model to promote the great development of the whole industrial chain of new energy vehicles.
At this annual investment conference, Lu Qiuming, Secretary of Jintan district Party committee of Changzhou, also shared the achievements of Jintan in the development of new energy vehicle industry chain in recent years. According to him, at present, there are more than 100 enterprises above Designated Size in the new energy vehicle industry chain in Jintan District, Changzhou. In order to support the rapid development of the new energy vehicle industry chain, Jintan district made every effort to introduce funds and shareholding platforms of listed companies, attracted more than 150 venture capital enterprises, with a management capital scale of more than 30 billion, and increased equity financing of 33.9 billion yuan in the whole year. In the future, Jintan district will be committed to promoting the development and layout of more enterprises in the new energy vehicle industry chain in Jintan, becoming bigger and stronger, in-depth docking with more investment institutions, promoting more financial capital and adding capital engine to Jintan industrial agglomeration.
Looking at the whole Changzhou City, the development of new energy vehicles and parts has always been the top priority of development. Liang Yibo, deputy secretary of Changzhou municipal Party committee, said that as an important equipment manufacturing base in the Yangtze River Delta and an important auto parts industry cluster in Jiangsu Province, in recent years, focusing on the goal of building an international smart city, Changzhou has accelerated the layout of new energy vehicle industry and initially formed a relatively complete industrial chain from battery, electronic control to complete vehicles, It is estimated that the scale of new energy vehicles and auto parts in the city will exceed 120 billion yuan in 2021.
new energy vehicles are expected to replace real estate as a new pillar of the economy
The development of new energy vehicle industry not only needs the support of government departments from top-level design, but also needs the help of all sectors of the industry. At the site of this annual investment conference, guests and representatives from the investment community, industry and business community also shared their forward-looking observations on the new energy vehicle industry chain.
Among them, Ren Zeping, a well-known economist, made an important prediction on the industrial status of new energy vehicles. In his opinion, although the contribution of the new energy vehicle industry to the economy is less than one tenth of that of real estate, its growth rate is very fast, and the double growth will lead to a rapidly growing market penetration. If the fuel vehicles are replaced by new energy vehicles significantly in the next decade or more, coupled with the market scale brought by downstream industries, New energy automobile industry will become the most promising field to replace real estate, heavy chemical industry and other sectors.
Ma Xiaoli, Deputy Secretary General of China automotive power battery industry innovation alliance, predicted the future development trend of the industry from the perspective of technology. She said that under the guidance of the goal of carbon peak and carbon neutralization, vigorously promoting new energy vehicles has become the general trend. From the perspective of cell development, large cell technology is an important development direction of single power battery products. By increasing cell size, increasing cell capacity, optimizing cell packaging mode and reducing cell accessories, it is more conducive to the integrated and effective utilization of battery system, reducing the comprehensive cost of battery system and improving the endurance mileage of electric vehicles.
Yang Shengjun, partner of cornerstone capital, said that generally speaking, when the penetration rate of an industrial chain reaches 10%, it reaches the inflection point of the industry. In his opinion, with the outbreak of the new energy vehicle industry, intelligent driving will also bring greater opportunities, especially in the context of software defined vehicles, automotive products will become a tool with great imagination.
Changjiang Securities Company Limited(000783) Gordon, chief analyst of the automotive industry, said that at present, the automotive industry is entering an era of great change once in a century. Electrification is in full swing and the dawn of intelligence is beginning to appear. From the perspective of enterprises’ own vertical and inter industry horizontal, we all believe that the current automotive field has high investment attraction and configuration value. From the perspective of industry prosperity, it is expected that the wholesale sales volume will reach 23.3 million vehicles in 2022, with a year-on-year increase of 8% – 9%. From the perspective of structure, electrification and hybrid will continue to maintain a high momentum.
Liu Jingyu, chairman of China Innovation airlines, shared the technical hard power of China Innovation airlines as a leading lithium battery enterprise. According to her, China Innovation Airlines led the technical trend of ternary lithium battery, well solved the potential safety hazards of ternary battery, and realized that the whole package acupuncture test of ternary lithium battery did not catch fire, and the stab of lithium iron phosphate battery limit test did not catch fire, redefining the safety standard of lithium battery.
Sui Li, chairman of GAC capital, said that as the capital operation and investment and financing platform of Guangzhou Automobile Group Co.Ltd(601238) , GAC capital not only understands automobile and financial investment, but also has financing ability, and has obvious advantages in industrial investment. On the one hand, GAC capital relies on Guangzhou Automobile Group Co.Ltd(601238) the whole industrial chain, so it can better identify and invest in real valuable cutting-edge technologies in the travel field from the application scenario, and make layout for strategic projects in advance; On the other hand, GAC capital can well become the link between the automobile industry and capital, drive social capital through its own funds, accurately cultivate high-quality projects in the field of automobile and travel, optimize the supply chain, link internal and external resources of the industry, jointly layout the future automobile ecosystem, and truly promote the high-quality development of China’s automobile industry.
In order to further clarify the investment hotspots, difficulties and pain points of the new energy vehicle industry chain and further improve the competitiveness of the new energy vehicle industry chain, this annual investment conference also held two round tables simultaneously, focusing on how capital can better contribute to the technological progress of the industry, and what investment and financing difficulties are there in industrial investment and financing.
(Securities Times)
