According to incomplete statistics, since 2021, including Ningde era, BYD, China New Airlines, Guoxuan Hi-Tech, Honeycomb Energy, Yiwei Lithium Energy and other 25 lithium battery companies, a total of new planned capacity has reached 1894GWh.
If you increase the battery capacity, you need to use lithium-ion equipment. It is estimated that the expansion of 1GWh lithium battery capacity, the import of new equipment and the degree of automation greatly determine the capital investment: it takes at least 300 million yuan to use domestic equipment and 900 million yuan to import fully automatic equipment.
With the calculation of 600 million yuan in the middle, the demand for lithium power equipment of 1894GWh expansion will reach 1.1364 trillion yuan, a proper trillion market.
The expansion of lithium power equipment enterprises is expected, and it has become a trend to obtain production expansion funds in the way of IPO.
After Ruineng, on December 31, 2021, Wuhan Landian Electronics Co., Ltd. (referred to as "Wuhan Landian") Shenzhen Stock Exchange gem IPO was accepted.
It is proposed to raise 190 million yuan.
Information from the Shenzhen Stock Exchange shows that Wuhan Landian's sponsor agency for the gem IPO is Changjiang Securities, and the accounting firm is Tianjian Accounting firm.
Wuhan Blue Power plans to raise 190.1566 million yuan. Of this amount, 113 million yuan is used for production base construction projects, 57.57 million yuan for R & D center construction projects, and 20 million yuan for supplementary working capital.
Wuhan Landian said that this public offering will greatly enhance the company's social awareness and market influence, enhance the company's brand image, and help to further expand market share. Through the investment of raising funds, the company will expand the production and operation scale of the company, further optimize the product structure, improve the company's core competitiveness, and promote the sustainable development of the company.
Data show that Wuhan Blue Power's predecessor, Blue Power Co., Ltd. was established in April 2007. On May 7, 2013, Blue Power Co., Ltd. was changed into a joint-stock company as a whole.
Wuhan Blue Power is mainly engaged in the software and hardware development, production and sales of battery test equipment, and its series of battery test systems have been able to support most of the applications in the field of battery testing. including material research, battery formation, capacity sorting, combined battery and supercapacitor testing, covering lithium-ion battery, nickel-cadmium battery, Ni-MH battery, lead-acid battery and other batteries as well as supercapacitors.
On May 30th, Wuhan Blue Power listed the new third board (stock code: 830779).
In the new third board, Wuhan Blue Power has a total share capital of 46.5 million shares, with earnings per share of 0.48 yuan, net assets per share of 3.37 yuan and a total market capitalization of 2.003 billion yuan.
The revenue in half a year is only 49.47 million, but the net profit is as high as 23.11 million.
According to the prospectus, Wuhan Landian's revenue in 2018, 2019 and 2020 was 59.36 million, 84.12 million and 88.7789 million respectively, and its net profit was 29.95 million yuan, 39.766 million yuan and 40.46 million yuan respectively.
In the first half of 2021, Wuhan Blue Power's revenue was 49.469 million yuan and its net profit was 23.105 million yuan.
This shows that the gross profit margin of Wuhan Blue Power's main products is relatively high. The prospectus also shows that from January to June 2021, the gross profit margin of the company's domestic traders was 74.12%, while that of overseas traders was 76.59%.
According to the prospectus, "during the reporting period, the gross profit margin of the company's overseas traders was higher than that of domestic traders, and the sales price of the company's export business was higher."
According to reports, in terms of products, in the field of charge and discharge testing of small power and low power batteries, the high-end products developed by Wuhan Blue Power have reached 1/10000 in terms of current and voltage detection accuracy, which is in the leading level in the industry.
For micro-current and micro-voltage products, because the current and voltage are small and easily disturbed by external noise, it is more difficult to improve the detection accuracy of products. At present, Wuhan Blue Electric products have a certain import substitution for foreign high-end testing equipment.
In terms of product research and development, Wuhan Blue Power customers include well-known scientific research institutions at home and abroad as well as leading domestic battery and material manufacturers, so it is necessary to pay attention to battery cutting-edge technology. At present, the company has built a complete product research and development management system.
Users, including the Chinese Academy of Sciences, Tsinghua University, Peking University, Fudan University, Shanghai Jiaotong University, Huazhong University of Science and Technology, Wuhan University and other well-known research institutions, are using Wuhan Blue Power products.
Wuhan Landian has accumulated a large number of high-quality industry benchmarking customer resources, including Zhuhai Guanyu, Shanshan shares, Ganfeng Lithium Industry, Beitre, Xiamen Tungsten Industry, BYD, AVIC Lithium, Guoxuan Hi-Tech, Ningde Times, ATL, Yiwei Lithium Energy, Xin Wanda and so on.
The top five customers of Wuhan Blue Power from January to June 2021 are Zhuhai Guanyu, Betteri, Bic Power, Xiamen Tungsten Xinneng and Shanshan shares.
In terms of major domestic competitors, Shenzhen Xinwei, Ruineng, Hengwineng, Hangke Technology, Xinyun and other enterprises are the main competitors of Wuhan Blue Power.
Facing the future, Wuhan Landian said that in the next three years, the company will take product development as its basic business goal, based on products that already have certain market competitiveness, such as micro-power equipment and low-power equipment. It will further increase the development and sales of high-power battery testing equipment (including high-voltage products, low-voltage and high-current products, etc.), high-precision battery testing equipment, battery working condition simulation system, power battery package inspection and maintenance system, etc.
At the same time, "the company also plans to try to develop new energy vehicle charging pile equipment suitable for consumers based on battery charge and discharge testing technology."
