After the "black swan event" in 2020, which disrupted all the established arrangements, the domestic stock market opened on February 3, and the pessimistic mood gave the market a heavy punch. Shanghai index opened down 8.73%, the Shenzhen Composite Index fell 9.13%, the GEM fell 8.23%, an opening of up to 2,900 stocks fell.
Finally at 15:00 on February 3, the end of the day's gallows, the Shanghai index fell fixed at 7.72%, the number of SZCI fell 8.45%, the GEM fell 6.85%, Shanghai and Shenzhen *** counted 3,761 stocks, and the first day of the opening of the post-holiday season, the two *** counted 3,188 stocks deadlocked stops, of which *** 2,152 one-word stops.
February 3, this day is destined to be remembered by the majority of shareholders, but also set a record for the number of falling stocks since the 2015 crash. Even on February 2, the central bank has carried out 120 million yuan of open market reverse repurchase operation to put funds under the premise, still can not resist this wave of heavy damage.
What will happen on the opening day of February 3, for most stockholders did not touch the defense, but early psychological preparation, just never thought it would be so tragic. Under the epidemic, nothing to do with the technical aspects of the panic flight of funds, making the stock market a mess.
Under this woeful situation, in addition to online entertainment, education, health care and other related sectors strong, the other almost completely wiped out. But the Ningde era is a dark horse trend broke out, the performance of the momentum, became the market "retrograde".
February 3, 2020, lithium battery-related manufacturers, Tianqi lithium, Ganfeng lithium industry are down; and zoomed to the entire automobile manufacturers, Dongfeng, Changan, the Great Wall have also been down; and then look at the same belongs to the battery power manufacturers Guoxuan Gaoke, BYD, none of them escaped the fate of the downturn, the entire automotive industry chain can be said to be no survivors, only the Ningde era proudly stand.
February 4, 2020, after the opening of the second day of the market, Ningde era early morning will be 10,000 hands of buy orders sealed a halt, the share price per share came to a new high of 148.9 yuan, the total market value of 328.8 billion yuan, if you maintain this state to the closing time, then the total market value of the era of Ningde a day up nearly 30 billion yuan.
Ningde Times confidence comes from the morning of February 3, the company released an announcement, and Tesla, inc. and Tesla (Shanghai) signed an agreement, agreed that Ningde Times will provide lithium-ion power battery products to Tesla. According to the announcement, the two sides agreed that the supply is valid from July 1, 2020 to June 30, 2022.
So far, Ningde Times has become the third Tesla battery supplier after Panasonic and LG Chem.
Behind Ningde Times' record-high price was a 20 percent positive line for Tesla on Feb. 3, 2020, when the stock hit a high of $780 a share. According to foreign media reports, Tesla's stock price has risen 86% cumulatively so far this year.On January 30, Tesla disclosed its fourth quarter 2019 financial report, with fourth quarter revenue of $7.38 billion, of which its own cash flow was $1.01 billion, far exceeding the market's expectation of $429.5 million.
Model?S/X production in Q4 2019 was 17,933 units, up 10 percent from the previous year, while Model?3 production was 86,958 units, up 9 percent from the previous year. And Model?3 deliveries were 92,620, up 16% sequentially. Vehicle deliveries for the entire 4th quarter of 2019 came in at about 112,100, setting Tesla's own record for deliveries.
The above is where Tesla is in 2019, and below, we'll look at another string of numbers.
Tesla currently has four major factories around the world: Reno, Nevada; Buffalo, New York; Shanghai, China; and one in Berlin, Germany, where Musk announced in November 2019 that he plans to build a "gigafactory" as well as an engineering and design center, which is expected to expand production to 890,000 vehicles by 2021. expand production to 890,000 vehicles by 2021.
Ningde Times has a July 1, 2020 to June 30, 2022 contract with Tesla. Tesla's combined production capacity is currently at 640,000 units, which means that by 2021, Tesla's capacity will increase by about 40 percent. Of that, the Shanghai factory's Model?3 capacity is 150,000 units, accounting for 60 percent of that total 250,000 increase.
In 2020, after the official entry of Ningde Times, the price of the Model?3 from the Shanghai factory is expected to drop again, which will inevitably bring greater market stimulation, following the Model?3 another potential explosive model Model?Y in the first quarter of 2020 will not be delivered, and on January 7, 2020 Musk has announced that this heavyweight model will soon be made in China. The model will soon be domestically produced as well. Some organizations expect Tesla's global deliveries in 2020 are expected to reach 600,000 units, up 63 percent year-on-year.
Tesla's capacity and delivery of the double discharge, making the Tesla industry chain of stocks are dancing in the wind, Ningde Times is a direct and largest beneficiary of the object. However, strong cooperation, mainly to achieve mutual benefit, Tesla hand Ningde Times, Tesla will not be subjected to Panasonic as a single battery supplier in the Tesla, but also in the direction of 100% domestic firmly take steps in the Ningde Times, Tesla is no different from the "fruit".
From the point of view of Ningde Times itself, the same in 2020 has the potential to continue upward.
According to the China Automotive Power Battery Industry Innovation Alliance released the "December 2019 new energy vehicle battery production, sales and loading data" shows that in December loading, Ningde Times topped the list, and in the top ten installed total comparison, it occupied as much as 60%. And in an article titled "Ningde era captured half of the market, the annual installed volume of 31.71GWh", we can see very intuitively that the share of Ningde era in 2019 reached 51.01%.
In recent years, the pace of development of Ningde Times has been fast and big, not only is currently the world's largest power battery giant, and has formed a dominant situation in the domestic market.
Let's take a look at Ningde Times' expanding circle of friends!
Ningde Times has already joined hands with global automotive giants such as BMW, Volkswagen, Toyota, General Motors and Daimler, and has also reached cooperation with SAIC, GAC, Geely, Dongfeng, Chang'an, BAIC New Energy, BMW Brilliance, and Yutong, or has directly set up joint ventures.
Ningde Times, which has no shortage of order resources from downstream manufacturers, has actually paved the way for its future development.
While, from a macro point of view, the domestic subsidies continue to decline, which makes the new energy appear some seemingly difficult phenomenon. In fact, it is a reshuffle, new energy has experienced the rain, it is time for a round of shuffling.
After a round of reshuffling, the new energy market can be guaranteed to continue to develop in a healthy state. And such as BMW, Daimler, GM, such a hundred years old, although late to enter the game, but in the hands of more chips, which is the same as the Ningde era as a point of opportunity.
Seizing the downstream orders, Ningde Times also made a layout of the upstream suppliers early. The power battery is more critical several materials, positive pole - active material for lithium cobalt oxide; negative pole - active material carbon.
In the article "Why Ningde Times surged after the automobile industry chain was "completely wiped out" by GlobeNewswire, the original article talked about a few very critical time nodes.
In 2016, before the surge in cobalt resources, Ningde and Canon locked 20,000 tons of cobalt resources, and then by the cobalt price surge less impact. Coincidentally, in mid-January this year, Tesla also negotiated a long-term contract with mining giant Canon (Glencore) to secure cobalt supply.
And Ningde Times has gotten down to business in securing cobalt supply, and in 2019, when cobalt prices were in the doldrums, it spent A$55 million in September to take a stake in Australian lithium mining resource company Pilbara, becoming the largest shareholder. In addition, Ningde has a layout for the upstream cobalt, nickel and anode materials.
The last word:
This page on Ningde Times' official website about its market position is still stuck in the achievements made in 2018, however, we believe that this line will continue to rise in the future.
A final digression: "Got money? The stock price is high, but you might want to consider it ~"
This article comes from the author of Auto Home Car Family, and does not represent the views of Auto Home's position.