Huawei’s investment company participated in zhongkehai sodium, a sodium ion battery R & D provider, and became the third largest shareholder of the latter.
Huawei shares in zhongkehai sodium
On April 1, Zhongke Haina Technology Co., Ltd. underwent industrial and commercial changes. The shareholders added Shenzhen Hubble investment, an investment company under Huawei, and the registered capital of the company increased to about 30.95 million yuan. After the change, the shareholding ratio of Hubble investment is about 13.33%, which is the third largest shareholder of the company. The institutions participating in this round also include Haisong fund and aggregate capital.
Founded in February 2017, zhongkehai sodium is a high-tech enterprise focusing on the R & D and production of a new generation of energy storage system – sodium ion battery. The energy density of the company’s sodium ion battery has reached 145 WH / kg, which is about three times that of lead-acid batteryP align = “center” sodium ion battery industry chain is expected to take shape in 2023
Sodium ion batteries are similar to lithium-ion batteries in principle and structure, with low cost and good performance, which endows them with substitution potential. At present, the energy density of commercial sodium ion batteries is 10 ~ 20% lower than that of lithium iron phosphate batteries, but the theoretical energy density of sodium ion batteries is higher, superimposed with wide temperature range and high safety attributes, which is expected to show its strength in the field of energy storage.
At present, nearly 30 enterprises around the world have laid out sodium ion batteries, and their industrial applications involve energy storage, electric vehicles and other fields. A-share lithium battery industry leader Contemporary Amperex Technology Co.Limited(300750) released the first generation sodium ion battery in July last year, with a single cell energy density of 160wh / kg.
Guotai Junan Securities Co.Ltd(601211) said that by 2030, the global new energy storage market demand will reach 1361gwh, and the ten-year compound growth rate will exceed 150%, based on the penetration rate of new energy storage on the generation side and user side reaching more than 60%. China’s energy storage market will also exceed 660gwh, and the industrial scale will reach 3.31 billion yuan. The rapidly expanding energy storage market is expected to drive the industrialization of sodium ion batteries Guotai Junan Securities Co.Ltd(601211) predicts that the sodium ion battery industry chain is expected to take shape in 2023, and the upstream traditional chemical enterprises will usher in the transformation opportunity.
It is worth noting that in December last year, Contemporary Amperex Technology Co.Limited(300750) has stated on the investor interaction platform that the company’s sodium ion battery industrialization layout has been started and will eventually form a basic industrial chain around 2023P align = “center” sodium battery has cost advantage and is supported by policy
Due to the sufficient reserves of sodium resources and high cost performance, sodium ion battery has become the most likely commercial new generation battery. Compared with lithium-ion batteries, sodium batteries have high cost advantages. With the industrialization of sodium ion batteries, the cost is expected to decline further in the future. According to the calculation of zhongkehai sodium, the cost of sodium ion batteries is about 30% – 40% lower than that of lithium-ion batteries.
Sodium batteries also received policy support. Previously, the official website of the Ministry of industry and information technology said that new batteries such as lithium-ion batteries and sodium ion batteries are one of the key supports to achieve the goal of carbon peak and carbon neutralization. The layout will be strengthened in the relevant policy documents such as the 14th five year plan to guide the high-quality development of the sodium ion battery industry. During the 14th Five Year Plan period, the Ministry of science and technology implemented the key special project of “energy storage and smart grid technology”, and listed sodium ion battery technology as a sub task, so as to further promote the large-scale, low-cost and comprehensive performance of sodium ion batteries.
In the A share company, Shan Xi Hua Yang Group New Energy Co.Ltd(600348) held the Suzhou shares of China’s nuclear power company through the equity investment fund of the Wutong Jiayu one stock company. Meanwhile, the company and the Sino sodium company in January set up a signing ceremony for the sodium ion battery project. This is the first pilot production line of sodium ion batteries in China.
China Three Gorges Renewables (Group) Co.Ltd(600905) cooperated with CNOOC sodium to build the world’s first large-scale mass production line of sodium ion batteries. The company said on the interactive platform that the production line is expected to be officially put into operation in 2022.
Zhejiang Medicine Co.Ltd(600216) shares of sodium innovative energy focuses on the technological innovation and engineering of sodium ion battery, and is committed to building an innovative enterprise of sodium ion battery system with global influence.
In addition, Guangzhou Great Power Energy&Technology Co.Ltd(300438) , Jiangsu Baichuan High-Tech New Materials Co.Ltd(002455) , Shanghai Putailai New Energy Technology Co.Ltd(603659) and other enterprises have indicated that the company has laid out or plans to lay out sodium ion battery industry projects.
