New third board selected layer lithium electricity stock first quarter revenue: Beitre 1.853 billion Changhong energy 648 million

According to the information on the official website of the national share transfer system for small and medium-sized enterprises (new third board), as of April 30, 2021, the total number of companies listed on the new third board is 7580, of which 51 are selected companies. Battery network carding found that among the 51 selected layer companies, only two companies, Beitre (835185) and Changhong Energy (836239), are involved in the lithium battery industry. However, both companies had good results in the first quarter of this year, with net profits doubling from the same period a year earlier:

Bertre Q1 revenue 1.853 billion net profit increased by 97.08% compared with the same period last year.

Bertre (835185) achieved revenue of 1.853 billion yuan in the first quarter of this year, up 167.06% from the same period last year; the net profit belonging to shareholders of the listed company was 262 million yuan, up 97.08% from the same period last year. The company said that the sharp increase in performance in the first quarter was mainly due to the sharp increase in sales of new energy vehicles from January to March, the sustained and rapid development of the lithium-ion battery market, and the rapid increase in sales of its products.

Founded in 2000, Bertre is a holding enterprise of China Baoan Group. The company's main business is lithium ion battery materials and carbon nano-materials, including anode materials, cathode materials and graphene materials. It is a national high-tech enterprise integrating basic research and development, product development, production and sales. The company listed on the new third board in 2015 and promoted to the selected layer of the new third board in July 2020.

In 2020, Bertre achieved operating income of 4.451 billion yuan, up 1.41% from the same period last year. Among them, the sales volume of negative materials was 75275.82 tons, achieving operating income of 3.151 billion yuan, sales and income increased by 27.61% and 7.57% respectively compared with the same period last year, while sales of cathode materials sold 21388.42 tons, achieving operating income of 1.042 billion yuan, and sales and income increased by 58.04% and 29.26% respectively over the same period last year.

In addition to the lithium materials business, Bertre has begun to dabble in battery manufacturing. In April this year, Bertre subsidiary Shenzhen Beit Nano Technology Co., Ltd. (hereinafter referred to as "Beitre Nano") also announced plans to invest in the construction and production of high-performance lithium-ion battery projects in Xiangyang High-tech Zone. Bertrand Nano plans to set up a subsidiary Hubei Beneng New Energy Technology Co., Ltd. to invest in the construction and production of high-performance lithium-ion battery projects.

According to the project entry agreement, Beit Nano has built a plant to invest in high-performance lithium-ion battery projects in the former Beijing Guoneng Battery Technology Co., Ltd., with a total investment of 1.1 billion yuan. The construction of the project is divided into two phases, with an estimated investment of 500 million yuan in the first phase, and the second phase is expected to be built after the first phase of the project is fully produced.

Changhong energy Q1 revenue 648 million net profit increased 126% compared with the same period last year

Changhong Energy (836239) achieved revenue of 648 million yuan in the first quarter of this year, an increase of 108% over the same period last year, net profit of 52.1 million yuan, an increase of 126% over the same period last year, and non-net profit of 51.14 million yuan, an increase of 138.31% over the same period last year.

Changhong Energy, a provider of high-performance alkaline MNO _ 2 batteries and high-rate lithium batteries, was listed in the new third board selection layer in February this year. Last year, the company achieved revenue of 1.952 billion yuan, an increase of 37.77% over the same period last year; the net profit belonging to the parent company was 162 million yuan, an increase of 54.59% over the same period last year; and core indicators such as scale and profit reached an all-time high.

Of this total, revenue from alkaline electricity of Changhong Energy in 2020 was 1.106 billion, up 32.98 percent from the same period last year; revenue from carbon power was 66.58 million yuan, down 37.86 percent from the same period last year; and revenue from lithium batteries was 741 million yuan, up 78.41 percent from the same period last year. The company said that the revenue of alkaline electricity and lithium electricity increased greatly compared with the same period last year, mainly for the company to continue to increase the research on high-performance alkaline manganese battery and the technology research and development of high-rate lithium battery, and the expansion of subsidiary capacity led to a further increase in the scale of production and marketing.

It is worth noting that Science and Technology Innovation Board and the gem "trial measures for transfer listing" were officially launched on February 26 this year, and the "Supervision guidelines for transfer Board listing of companies listed in the National share transfer system for small and medium-sized Enterprises" were also released on the same day. There are already rules to follow for the new third board enterprises to be listed on the board.

Judging from the market capitalization and financial index data, both Betteri and Changhong Energy have met the financial standards for Science and Technology Innovation Board and gem to be listed on the gem: Science and Technology Innovation Board's financial standard for listing on the gem: the market capitalization is expected to be no less than 1 billion yuan. In the last two years, the net profit is positive and the cumulative net profit is not less than 50 million yuan, or the estimated market value is not less than 1 billion yuan. The most recent year's net profit is positive and the operating income is not less than RMB 100 million "; The financial standard for gem listing requires that "the net profit in the past two years is positive, and the cumulative net profit is not less than 50 million yuan."

On April 15, Bertre said at the performance presentation meeting of the 2020 annual report that the company and sponsor agencies have been paying close attention to the policies related to the transfer listing. However, as the holding subsidiary of the listed company, the regulatory authorities have not yet made it clear whether the three-board selection layer enterprise transfer board is applicable to the relevant policies of the split listing of the Securities Regulatory Commission.

Battery Network also learned that in addition to Bertre and Changhong Energy, listed companies in the selected layer lithium battery industry will add new members: Derek Lithium Power has also successfully passed the meeting at the 5th Review Conference of the selected layer 2021 held on April 26.

Derek Lithium Power listed the new third board in September 2015, mainly producing domestic cylindrical lithium-manganese batteries. In 2020, the company's operating income was 174 million yuan, net profit was 34.42 million yuan, and the weighted average return on net assets was 20.07%.