Last year, the business income of negative materials of National Technology was 380 million. It is planned to invest 3 billion to expand production.

On the evening of March 31st, National Technology (300077) released its annual performance report, saying that the company's operating income in 2021 was about 1.018 billion yuan, an increase of 168 percent over the same period last year; the net profit belonging to shareholders of listed companies was about 219 million yuan, an increase of 1849.09 percent over the same period last year; after deducting non-recurring profits and losses, the net profit belonging to the owners of listed companies was 46.358 million yuan, an increase of 131.59 percent over the same period last year. Basic earnings per share were 0.39 yuan, an increase of 1850% over the same period last year.

The announcement shows that the main business of national technology covers two major areas: the field of integrated circuits and the field of new energy anode materials. Due to the increase in demand in the downstream market of integrated circuits in 2021, the company's serialized general MCU products were mass produced on a large scale during the reporting period, and achieved large-scale growth; at the same time, benefiting from the rapid development of the lithium battery industry, the company's sales of anode materials increased significantly.

Specifically, in 2021, the sales revenue and gross profit of national technical integrated circuit business and negative material business increased significantly compared with the same period last year. Among them, the company's integrated circuit business income totaled 637 million yuan, an increase of 163.82% over the same period last year; negative material business income totaled 380 million yuan, an increase of 175.31% over the same period last year.

Battery Network noted that the business in the field of national technology new energy anode materials is undertaken by the holding subsidiary Inner Mongolia Snow, which is mainly engaged in the research and development, production and sales of lithium battery anode materials, as well as graphitization processing services. In 2021, the second phase of graphitization construction invested by the company in Inner Mongolia has been officially put into trial production, and the annual production capacity of the two production lines is expected to reach more than 20000 tons at full production, which will enhance the scale effect of the factory in Inner Mongolia. further strengthen the ability of product quality, cost control and stable supply.

In 2021, the sales volume of national technical anode materials was 7691.64 tons, an increase of 82.58 percent over the same period last year, and the output of anode materials was 8179.19 tons, an increase of 245.75 percent over the same period last year. In terms of customers, the company continues to steadily supply Guoxuan Hi-Tech, Tianjin Lishen and other major customers, constantly upgrade technology to meet the needs of existing customers, and actively expand new high-quality large and medium-sized customers in the market while maintaining solid cooperation with existing customers. further optimize product structure.

In addition, in January this year, Posco subscribed for additional registered capital of Inner Mongolia Snow with 141 million yuan in cash and acquired a 15 per cent stake in Inner Mongolia Snow. This cooperation will help Inner Mongolia Snow and Posco to give full play to their respective resources and advantages, and further promote the development of Inner Mongolia Snow in the new energy anode material industry.

On the evening of March 25th, National Technology also announced that Inner Mongolia Snow plans to invest in the "integration project of negative electrode materials for new energy power batteries with an annual output of 100000 tons" in Suizhou City, Hubei Province, with a total investment of about 3 billion yuan and a construction period of five years. Construction is divided into two phases. The first phase of construction is 50,000 tons, with a construction period of about 8 months, and construction will begin within 3 months from the date of delivery of the project land. If there are no special circumstances, the construction of the second phase of the project will be started within one year after the first phase of the project is put into production.

According to the White Paper on the Development of China's anode material Industry (2022) jointly released by EVTank, Ivy Economic Research Institute and China Battery Industry Research Institute, shipments of anode materials in China reached 779000 tons in 2021, an increase of 86.4 percent over the same period last year. In 2021, global shipments of anode materials reached 905000 tons, an increase of 68.2% over the same period last year. Among them, the global proportion of shipments of negative materials by Chinese enterprises increased from 77.7% in 2020 to 86.1% in 2021. In its white paper, EVTank predicts that China's total shipments of anode materials will reach 2.705 million tons and 7.054 million tons respectively by 2025 and 2030, accounting for more than 90 percent of global shipments.

National Technology said in the annual report that in the face of the increasing demand for anode materials from lithium battery enterprises, the company will comprehensively consider the supply chain, customer demand and other factors of scientific planning, and seek suitable opportunities to speed up the implementation of more capacity construction of lithium battery anode materials, and constantly improve the industrial layout of the company's anode materials.