After trading on June 30, Lithium Copper foil supplier Jiayuan Technology and diaphragm supplier Enjie shares successively disclosed the pre-increase announcement of net profit. Jiayuan Technology expects its first-half net profit to rise 258% to 206 million-279 million yuan compared with the same period last year, while Enjie expects its first-half net profit to rise 211% to 1 billion-1.09 billion yuan.
The consumption scene downstream of lithium battery covers many areas, such as new energy vehicles, energy storage, consumer electronics and so on. The strong demand in the end market and the company's active production expansion are the main reasons for its high performance growth.
Enjie shares said that during the reporting period, the company benefited from the continuous improvement of the production capacity of the wet lithium battery separator, the continuous consolidation of its competitive advantage, and the company grasped the development opportunities of the lithium battery separator business and continued to open up markets at home and abroad. The output and sales of wet lithium battery separator continued to grow steadily.
Jiayuan Technology said that with the normalization of epidemic prevention and control, market demand has resumed. During the reporting period, the company raised an investment project of 5000 tons / year, the technical transformation project of high-performance copper foil for new energy power battery was completed and put into production.
According to the statistics of Science and Technology Innovation Board Daily, among the lithium battery material head companies, electrolyte supplier Polyfluorodo and Tianci Materials, copper foil supplier Chaohua Technology, diaphragm supplier Cangzhou Mingzhu, and cathode material supplier Greenmei have all disclosed the pre-increase announcement of the China News.
Under the background of carbon neutralization, the rapid growth of new energy vehicles brings opportunities for the vigorous development of the battery industry, and there is a broad space for the growth of lithium battery suppliers. According to data from the China Automobile Association, sales of new energy vehicles at home and abroad continued to rise in May. In that month, domestic production and sales of new energy vehicles reached 217000 and 217000 respectively, an increase of 1.5 times and 1.6 times respectively over the same period last year. Sales of new energy vehicles in five European countries (Britain, France, Germany, Norway and Sweden) were 122600, up 29% from the same period last year and 10.42% from the previous year.
And energy storage will become another high-growth track after new energy vehicles. On June 22, the National Energy Administration issued the "New Energy Storage Project Management Code (interim) (draft for soliciting opinions)" for public consultation, which improved the construction and management standards of energy storage projects. the advantages of lithium leading companies with excellent product quality and leading technology will be more significant.
From the point of view of the supply side, the rising trend of raw material prices is gradually stabilizing. Chen Xiao, an analyst at Huaan Securities, said in a research report on June 27 that since June, the prices of battery materials such as lithium carbonate, lithium hydroxide, lithium hexafluorophosphate, electrolyte and lithium iron phosphate have been relatively stable. Since the second half of the year, large-scale production capacity has been supplied one after another in the bottleneck link, and it is expected that the tight situation of supply and demand will be marginal alleviated in the fourth quarter, ushering in a prosperous situation of supply and demand in the industrial chain Cost reduction is the main theme of the long-term development of the lithium power industry chain. in the future, profit growth will be mainly driven by volume, and profit margin growth will be achieved more through integrated layout and cost reduction and efficiency improvement.
Yang Yu, an analyst at Warburg Securities, said that the current accelerated expansion of battery manufacturers is in sharp contrast to the shortage of mid-stream materials. For mid-stream Li-ion material enterprises, through strategic cooperation with leading enterprises and long order supply to obtain a stable source of product shipments, entering the supply chain of leading enterprises will also have more advantages in the following industry competition.
The analyst suggested that we should pay attention to the leading manufacturers with obvious advantages of cost and economies of scale in the field of electrolyte and diaphragm with low technical barriers and the integrated layout of upstream and downstream, as well as the leading cathode material manufacturers with deep layout of high-nickel ternary technology in cathode materials and obvious advantages in overseas business expansion.
