Focus electrolyte solvent and other lithium materials Shi Dashenhua stripping part of the traditional chemical equipment

On the evening of September 17th, Shi Dashenhua (603026) announced that considering the current market competitiveness and product competition situation of the combustion plant and butene plant, as well as the operation status of the two sets of devices in recent years, the two sets of devices lack market competitiveness. and the company's future strategic development focuses on the field of new energy and new materials, and the positioning is not in line with the company's future development strategy, the company decided to stop production of two sets of devices in Kenli Branch.

In addition, Shida Shenghua announced that it plans to adjust asset integration to form "Wintek New Energy Technology (Dongying) Co., Ltd.". Zhongshi University Industry and Trade Branch, Wintek Packaging, Financial Innovation Materials and Shida Weibo sold the company's overall net assets and labor to Wintek New Energy in the form of asset integration. Kenli branch assets are also spun off as a whole and transferred to Wenghua New Energy.

The data show that the main products of Shida Shenghua are carbonates such as C "H" O "and lithium hexafluorophosphate, multi-category special additives, silicon-carbon negative electrodes and other products.

In terms of performance, in the first half of this year, Shida Wenghua achieved operating income of 3.646 billion yuan, an increase of 110.18% over the same period last year, and a net profit of 591 million yuan, turning losses into profits over the same period last year. The company said that the increase in operating revenue in the first half of the year was mainly due to the increase in sales of C "H" O series products and the increase in product prices. Among them, the sales volume of the C "H" O series reached 15.21 tons, with an average price of 12700 yuan per ton, with a price increase of 70.64% over the same period last year.

In terms of production capacity, Shi Da Shenghua is steadily promoting the construction of 440000 tons / year new energy materials project in Quanzhou Base, with an additional production capacity of 120000 tons / year for ethylene carbonate and 100000 tons / year for carbon dioxide in the first phase, and is expected to enter the trial production phase in November 2021.

In addition, Shi Da Shenghua has built a new 25000 t / a C "H" O "plant in Dongying, Shandong Province, which is expected to be put into production in the fourth quarter of 2021.

In March this year, Shida Shenghua announced that it plans to build a 50, 000-ton / year lithium material expansion project, a C "H" O "quality and efficiency improvement project, and a 1000-ton / year silicon-carbon anode material project in Dongying City, Shandong Province, with a total investment of 257 million yuan.

In terms of customers, Shida Shenghua downstream customers almost cover the world's leading electrolyte manufacturers, including Tianci Materials and Cathay Pacific Huarong in China, Mitsubishi Chemistry, Central nitrate and Enchem abroad, and as the main solvent suppliers of many electrolyte customers, have established long-term and stable strategic relations of cooperation with them.