On February 7, 65438, Xinwangda signed a strategic cooperation agreement with Yichun Municipal Government, with an estimated total investment of 165 billion yuan to build lithium salt, lithium battery materials, lithium battery recycling and other projects in Yichun by stages.
Before this year 10, Xinwangda ranked fifth among domestic power battery enterprises in terms of loading capacity, and invested heavily in building production bases in many places in China. Since the end of last year, the company has invested nearly 100 billion yuan. As of February 7, 65438, the company's closing market value was 45.95 billion yuan.
"Lithium Capital of Asia" welcomes Xinwangda
Xinwangda signed a contract with Yichun municipal government to further promote the development of Yichun lithium battery new energy industry and accelerate the construction of "five bases and one center", and plans to build a new lithium battery industry chain related project in Yichun.
According to the agreement, Yichun Mining Co., Ltd. and Xinwangda or its holding company set up a joint venture company to jointly develop the mines controlled or jointly owned by Yichun Mining Co., Ltd. without changing the ownership of mining rights.
Yichun Municipal Government promises to actively coordinate Xinwangda and its holding company after the signing of the above agreement, and obtain the production indicators of the integrated project of lithium carbonate mining, dressing and metallurgy, as well as the relevant production license approval items such as energy assessment, safety assessment and environmental assessment required for the construction and commissioning of the landing project.
In order to ensure the supply of resources, Yichun municipal state-owned enterprises set up a joint venture with Xinwangda to participate in the lithium salt and anode projects invested by Xinwangda or its holding company under the above agreement. The municipal state-owned enterprises and Xinwangda or its holding company hold 35% and 65% respectively.
Xinwangda said that the signing of the above agreement aims to build an industrial chain system from lithium carbonate production, key materials of lithium batteries to lithium battery recycling, which will help the company consolidate its position in the power battery industry, accelerate the upstream and downstream integration strategy of new energy lithium battery materials, and improve the industrial chain layout of lithium batteries.
Opportunity or challenge?
Xinwangda invested 6,543.8+0.65 billion yuan in Yichun, hoping to ensure the supply of lithium resources in the upstream of the company with the help of Yichun's mineral resources and preferential policies, as well as the development opportunities of the new energy lithium battery industry, which will have a positive impact on reducing the cost of raw materials in the upstream of the company.
Previously, Yichun has been invested by power battery giants such as Contemporary Ampere Technology Co., Ltd. and Guo Xuan Hi-Tech. Since the beginning of this year, it has successively welcomed large investments from BYD, Ganfeng Lithium Industry and Xinwangda.
BYD plans to invest 28.5 billion yuan in Yichun to build a comprehensive development and utilization production base project with an annual output of 30GWh power battery, 65438+ 10,000 tons of battery-grade lithium carbonate and ceramic clay (containing lithium) ore.
On September 28th, the signing ceremony of Ganfeng Lithium Industry Yichun Project was held in Yichun Guest House, which marked that Ganfeng Lithium Industry new lithium battery manufacturing base and industrial chain supporting projects with an investment of 30 billion yuan were officially settled in Yichun.
Where is the charm of Yichun?
Yichun City is located in the northwest of Jiangxi Province. Its 4 14 mineral deposit contains many precious metals such as lithium, tantalum, niobium, rubidium and cesium, and it is the largest lepidolite mine in the world, accounting for more than 70% of the world's exploitation. In 2008, Yichun put forward the goal of building "Lithium Capital of Asia".
In recent years, Yichun has built the world's largest lithium carbonate base, an important domestic cathode material base, the largest domestic anode material base, the largest domestic lithium battery base, an important domestic lithium battery application base and a national famous lithium product trading center.
However, Yongxing Materials, Anzhong and Kanglongda recently announced that their lithium carbonate production line in Yichun, Jiangxi Province has been temporarily suspended.
Judging from the reasons for the temporary suspension of production, Anzhong and Kanglongda, located in shanggao county, Yichun, both stopped production due to road construction, and Yongxing materials, located in Yifeng County, Yichun, temporarily stopped production due to environmental investigation.
It is reported that the environmental investigation of Yongxing materials coordination is that the daily monitoring in Gao 'an City found that the water quality of Jinjiang, the local "mother river", was abnormal, and the reason is under investigation. Yifeng Yongxing Material Subsidiary is less than 20km away from Anzhong Lithium Carbonate Production Line and shanggao county Kanglong, all of which are close to Jinjiang and located in the upper reaches of Gaoan River Basin in Jinjiang.
Xinwangda announced during the year.
The investment is nearly 1000 billion yuan.
Shanghai securities news reporter noted that Xinwangda is different from other enterprises. Since the end of last year, power battery projects have been planned and built in Zaozhuang, Zhuhai, Shifang, Yiwu, Yichang and Yichun, with a planned investment of nearly 100 billion yuan.
On September 2 1, Xinwangda Automobile Battery, a holding subsidiary of Xinwangda, signed an agreement with Yiwu Municipal Government to invest about 21300 million yuan to build a power battery and energy storage battery production base with a total production capacity of about 50GWh, mainly engaged in the production and sales of lithium-ion power batteries and energy storage batteries, covering batteries, modules, packages and battery systems of automobile power batteries and energy storage batteries.
Xinwangda said that the landing of Yiwu project will help the company to improve the industrial layout in East China, accelerate the development of other potential high-end automobile customers, and promote the sustained and steady growth of power battery business.
According to industry insiders, a series of projects recently invested by Xinwangda will not only promote the upstream and downstream development of the industrial chain, but also change the monopoly position of Contemporary Anpu Technology Co., Ltd. in the field of power batteries, which is in line with the expectations of car companies in the field of power batteries.
According to the data of China Automotive Power Battery Industry Innovation Alliance, in the first 10 month of this year, among the top 10 enterprises in China, Contemporary Ampere Technology Co., Ltd. and BYD took the first place, with a total market share of 70.28%.
At present, many car companies implement the diversification strategy of battery suppliers, which brings development opportunities to second-and third-tier battery factories. Since the beginning of this year, Xinwangda Automobile Battery has received fixed-point notices from Volvo, Volkswagen and SAIC, and will supply its battery core products.
Yang Shengjun, a partner of Cornerstone Capital, analyzed that after 2025, the capacity pattern of power battery industry will be basically laid, and the scale effect window period of enterprise competition will be closed. According to industry insiders, with the current production capacity of power battery enterprises, the industry will further reshuffle and enhance concentration. Some unsalable enterprises will be forced to transform the low-end battery business in the non-automotive field.