According to APP, Xiamen Times New Energy Technology Co., Ltd. was established on July 7, with a legal representative of qu Tao, with a registered capital of 500 million yuan. Its business scope includes: battery manufacturing; battery sales; electronic special materials manufacturing; electronic special materials sales; new materials technology promotion services. The company is 100% controlled by Ningde Times (300750).
The industry speculates that the Ningde era will set up a new company or prepare for the landing of a new project.
On the same day, Chengdu Jintang Times New Materials Technology Co., Ltd. was established with a registered capital of 100 million yuan and the legal representative is Wu Xixiong. its business scope includes the sales of electronic special materials, the manufacture of electronic special materials, and the research and development of electronic special materials. The company is wholly owned by Ningde Times.
Guoxin Securities Research report shows that according to the forecast of the capacity expansion in the Ningde era, the production capacity of 2021 amp 2022 480/140Gwh 2023 is 163GWP 253GWH, the planned capacity is about more than GWH (wholly-owned / joint venture 480/140Gwh), and the next few years will usher in the peak of capacity investment.
In addition, on June 25th, Ningde Times signed a "Production Pricing Agreement" with Tesla. According to the agreement, the company will supply Tesla with lithium-ion power battery products from January 2022 to December 2025.
