Byd Company Limited(002594) new car seal pre-sale, CTB new platform and new technology, reducing cost and increasing efficiency, improving competitiveness and leading the industry
Byd Company Limited(002594) officially pre sold the new car seal. With the advantage of repairing the whole vehicle with its own battery, it first equipped with CTB battery body integration technology and optimized the structure to increase the volume utilization rate of the power battery system to 66% and the energy density of the system to 10%; New technologies such as eight in one electric drive assembly, wide temperature range high-efficiency heat pump and intelligent torque control technology are integrated in E platform 3.0, which comprehensively improves safety, economy and driveability, reduces cost and improves efficiency in terms of battery and vehicle, leads the development of the industry and improves its competitiveness. In terms of price, as the integrator of Byd Company Limited(002594) ocean net new car and e-platform 3.0, seal has significantly increased the price in its series to RMB 2128289800, showing confidence in its own competitiveness in the field of 20 Fawer Automotive Parts Limited Company(000030) 0000 new energy class B vehicles, and forming direct competition with Tesla Model 3 and Xiaopeng P7. At the same time, under the influence of the recent epidemic, the new cars on sale still show the high outlook of the new energy market. The demand for new energy vehicles driven by the market is spontaneous and rigid, waiting for the recovery of the epidemic and the recovery of sales.
The competition for scarce lithium resources became intense. The transaction of 54% equity of snowway reached 2 billion yuan, and the acquisition cost of mining rights reached a new high
The 54.3% equity of snowway mining was traded at a price of more than 2 billion yuan. Snowway owns the exploration right of delanongba lithium mine in Yajiang County, Ganzi Prefecture, Sichuan. The ore resources are 24.92 million tons, the lithium oxide grade is 1.18%, the reserves are 294000 tons, and the LCE reserves are 725000 tons, but the mining right and development and construction are not handled for historical reasons. The transaction price is 2 billion yuan, the plus transaction commission is 60 million yuan and the debt is 870 million yuan. The actual acquisition cost is nearly 3 billion yuan. In terms of LCE, the acquisition cost of a single ton of mineral rights is about 7443 yuan, which is much higher than the acquisition cost of various mineral rights this year ( Gotion High-Tech Co.Ltd(002074) acquisition of Yifeng lithium mine is about 1024 yuan, Guocheng group's acquisition of malkang dangba lithium mine is about 996 yuan, Ganfeng Lithium Co.Ltd(002460) acquisition of songshugangtan niobium mine is about 719 yuan). Considering the subsequent exploration and mining, mine construction, equity and other mining costs, the unit LCE cost will continue to rise after mining, so as to effectively support the high medium and long-term lithium price. The rising purchase price of mineral rights and intense competition highlight the scarcity of global lithium resources. The first transaction of lithium mineral rights on the public auction platform shows the trend of fair competition and transparency of lithium resources, which is conducive to better resource development by powerful enterprises, so as to ensure the security and global competitiveness of China Shanxi Guoxin Energy Corporation Limited(600617) supply chain.
It is suggested to pay attention to: 1. Capacity release, cost pressure relief and gross profit recovery. Battery plants: Contemporary Amperex Technology Co.Limited(300750) , Eve Energy Co.Ltd(300014) , Gotion High-Tech Co.Ltd(002074) , etc; Second, supply and demand support the high profit of lithium price and release lithium resource companies: Keda Industrial Group Co.Ltd(600499) , Youngy Co.Ltd(002192) , Chengxin Lithium Group Co.Ltd(002240) , Tianqi Lithium Corporation(002466) , etc; III. clear pattern, obvious advantages and tight supply and demand of materials in the middle reaches: Yunnan Energy New Material Co.Ltd(002812) , Guangdong Jiayuan Technology Co.Ltd(688388) , Shanghai Putailai New Energy Technology Co.Ltd(603659) , Shenzhen Dynanonic Co.Ltd(300769) , Beijing Easpring Material Technology Co.Ltd(300073) , Ningbo Ronbay New Energy Technology Co.Ltd(688005) , Cngr Advanced Material Co.Ltd(300919) , Zhejiang Huayou Cobalt Co.Ltd(603799) , etc.
Risk warning: the development of new energy vehicles is not as expected; Disruptive breakthroughs in related technologies; The decline in product prices exceeded expectations; Production capacity expansion is less than expected and product development is less than expected; The price of raw materials fluctuates.
