Lithium batteries rise and stop: 1028 new Q1-related companies

On April 19, the lithium battery sector continued to strengthen, with Tuobang shares, China Mineral Resources, Skyline shares, Polyfluoroduo and other stocks rising by the daily limit, while Hausen shares, Yiwei LiNeng and Changxin Technology rose more than 11%. Enterprise survey data show that at present, there are 37600 lithium battery-related enterprises in China, of which Guangdong Province ranks first with 16400 enterprises, Jiangsu and Shandong ranked second and third respectively. In 2020, the number of lithium battery-related companies registered was 5821, down 25.2% from the same period last year, and 1028 were newly registered in the first quarter of this year, down 3.11% from the same period last year. In addition, 40 per cent of companies in the industry have a registered capital of more than 5 million.

The number of registrations decreased by 25.2% in 2020 compared with the same period last year, and increased by 1028 in the first quarter

Judging from the changes in the annual registration of lithium battery-related enterprises in the past decade, enterprise search data show that the number of lithium battery-related enterprises is increasing year by year before 2018, reaching the highest of 8248 in 2018, showing a downward trend year by year from 2018 to 2020, and 5821 newly registered enterprises in 2020, down 25.2% from the same period last year.

According to enterprise inspection data, 1028 lithium battery-related companies were newly registered in the first quarter of this year, down 3.11% from the same period last year. Among them, the number of registrations was 326 in January, down 18.7% from the same period last year, 160 in February, up 36.8% from the same period last year, and 542 in March, basically the same as the same period last year.

Guangdong ranks first in the country with 16400, and 40% of the enterprises in the industry have a registered capital of more than 5 million.

From the perspective of regional distribution, enterprise survey data show that at present, Guangdong Province ranks first in the country with 16400 lithium battery-related enterprises, while Jiangsu and Shandong rank second and third with 4339 and 1917 enterprises respectively. In addition, Anhui, Henan, Zhejiang, Hunan and other provinces are also in the top ten.

In terms of registered capital, a total of 25 per cent of lithium battery-related companies have registered capital of less than 1 million, 35 per cent of those with a registered capital of more than 5 million account for 35 per cent, while those with a registered capital of more than 5 million account for 40 per cent.