Camel Group Co.Ltd(601311) 4 disclosed the annual report of 2021. The company achieved an operating revenue of 12.403 billion yuan in 2021, with a year-on-year increase of 28.67%; The net profit attributable to the shareholders of the listed company was 832 million yuan, a year-on-year increase of 14.55%. The company plans to distribute a cash dividend of 2.2 yuan (including tax) to all shareholders for every 10 shares.
The annual report shows that in 2021, Camel Group Co.Ltd(601311) start stop batteries maintained a high growth trend, and the sales of low-voltage lead-acid batteries continued to rise.
Specifically, during the reporting period, the cumulative sales volume of Camel Group Co.Ltd(601311) start stop batteries increased by 57% year-on-year, of which the sales volume of AGM batteries increased by nearly 100%; The cumulative sales volume of parking air conditioning batteries increased by 245% year-on-year.
During the reporting period, Camel Group Co.Ltd(601311) three major sales centers made use of their own advantages to formulate special marketing strategies for the host supporting market, maintenance and replacement market and overseas market respectively, and achieved a new record in the sales of automobile low-voltage lead-acid batteries. The annual cumulative sales were 31.52 million KVAh, with a year-on-year increase of 12.17%.
In 2021, Camel Group Co.Ltd(601311) completed the mass production import and model switching of 37 models, in which the supply of starting batteries for GAC passenger cars was added, filling the gap in the company’s business of GAC passenger cars, and the share increased steadily; The exclusive supply of 8 models of Chang’an Mazda, Chery, FAW Hongqi and Dongfeng Xiaokang has been realized; The mass production and supply of new energy auxiliary batteries for 8 models such as FAW / SAIC Volkswagen and Audi and 2 models of luxury brand navigator and Aviator have been added.
During the reporting period, the company’s low-voltage battery sales of new energy vehicles increased by 258.4% year-on-year.
Meanwhile, in 2021, Camel Group Co.Ltd(601311) low voltage lithium battery will achieve new breakthroughs. During the reporting period, the company continued to promote the development of 12V / 24V / 48V lithium battery projects. Among them, 12V new energy auxiliary battery has won the fixed-point of 6 projects, including gillelutes, Geely cm1e, Jiangxi Isuzu and well-known European automobile enterprises; At present, the 24V parking air conditioning battery has been designated for three projects, including Sany Heavy Industry Co.Ltd(600031) , Shaanxi heavy truck and Sinotruk Jinan Truck Co.Ltd(000951) etc. The 48V lithium battery of the company was newly designated by BAIC and Zhengzhou Nissan during the reporting period.
It is worth mentioning that in 2021 Camel Group Co.Ltd(601311) identified the energy storage business as the “second track” for the development of the company, actively carried out strategic positioning, and focused on promoting new energy storage products such as industrial energy storage, household energy storage and portable energy storage.
In terms of industrial energy storage, the company has signed a cooperation agreement with Three Gorges electric energy management (Hubei) Co., Ltd. with a total amount of no less than 1GWh and the first batch of 50mwh supply contracts. The overall project is being promoted in an orderly manner.
In terms of household energy storage, the company focuses on expanding the overseas household energy storage market. Its main products include “single household photovoltaic + energy storage overall energy system” and “large ground photovoltaic + energy storage overall energy system”. At present, the company has established a professional energy storage team in North America. Through active market expansion, the company will successively realize the implementation of orders in 2022.
Camel Group Co.Ltd(601311) said that the company is committed to becoming a global leader in all-round solutions for automotive low-voltage batteries, striving to “recreate a camel” in terms of revenue scale by 2025 and achieve the strategic goal of operating revenue exceeding 20 billion yuan.
