Enjie shares and Ningde Times beat 8 billion to set up a platform company to invest in lithium diaphragm projects.

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In recent years, with the vigorous development of new energy vehicles and energy storage market, lithium battery and lithium battery separator industry has also entered a period of rapid development. Domestic and foreign markets for excellent performance, good safety, high stability of lithium battery and lithium battery separator demand is growing rapidly.

Market expectations are good, on the evening of November 10th, Enjie shares (002812), an enterprise with the diaphragm head of wet-process lithium batteries, announced that it planned to cooperate with the power battery leader Ningde Times (300750). The two sides agreed to jointly invest in China to set up a limited liability company as a platform company, mainly engaged in investment in dry and wet separation membrane projects.

The announcement shows that the total investment of the platform company is 8 billion yuan, and the registered capital is 1.5 billion yuan, of which Enjie shares first contributed 765 million yuan to set up the platform company. After meeting the prerequisites agreed in the agreement, Ningde Times increased its capital to the platform company by 735 million yuan. After the capital increase is completed, Enjie shares hold 51% of the platform company, and Ningde Times holds 49% of the platform company.

After the establishment of the platform company, the platform company will invest in the construction of wet isolation membrane project company and dry separation membrane project company, among which the wet isolation membrane project company is wholly owned by the platform company with a planned production capacity of 1.6 billion square meters / year; the dry separation membrane project company is jointly established by Jiangxi Enbo New material Co., Ltd., which is the controlling stock of platform company and Enjie shares, with a planned production capacity of 2 billion square meters / year.

At the same time, Enjie shares and Ningde Times will make regular agreements on purchase orders, and Ningde Times will have priority in purchasing the production capacity of platform companies and the project companies they invest in within the agreed scope of purchase orders. Based on this cooperation and under the same business conditions, within five years after the signing of this agreement, the wet isolation membrane products of Enjie's wholly-owned subsidiaries worldwide (excluding project companies invested by platform companies) are given priority to Ningde era; at the same time, Ningde Times gives priority to purchasing the shipments of these companies. The specific pricing shall be subject to the procurement agreement signed by both parties.

Battery Network noted that in addition to a joint venture with Ningde Times to expand production, Enjie also announced that it would set up a joint venture with battery companies Yiwei Lithium Energy and Weilan New Energy Investment this year.

On August 2, Enjie announced the establishment of a joint venture with Yiwei LiNeng, with an investment of 5.2 billion yuan to build a wet diaphragm project with an annual production capacity of 1.6 billion square meters.

The registered capital of the joint venture company is 1.6 billion yuan, of which the designated investor of Enjie shares subscribes 880 million yuan and holds 55% equity in the joint venture company, while the company subscribes 720 million yuan and holds 45% equity in the joint venture company.

On October 21, Enjie Co., Ltd., the company's holding subsidiary, Shanghai Enjie, Beijing Weilan New Energy Technology Co., Ltd., and Liyang Tianmu pilot Battery material Technology Co., Ltd. signed a "Strategic Cooperation Framework Agreement" in Shanghai. The three parties reached a strategic partnership in the future research and development of new technologies, new products, new processes and the realization of cooperation goals, and jointly established a solid electrolyte coating membrane company. Cooperate in R & D and production of coating diaphragm and special customized coating diaphragm.

It is reported that the joint venture is controlled by Shanghai Enjie, which is 51% owned by Shanghai Enjie, 25% by Weilan New Energy and 24% by Tianmu Leader. The joint venture will give priority to supplying goods to Weilan New Energy and its subsidiaries in the future.

In terms of total production capacity, Enjie shares said on the investor interactive platform on November 1 that the diaphragm production capacity is expected to reach 45-5 billion square meters this year, and the production capacity is expected to reach 7 billion square meters and delivery capacity to reach 45-5 billion square meters by 2022.

In terms of performance, Enjie achieved revenue of 5.368 billion yuan in the first three quarters of this year, an increase of 107.97% over the same period last year, while net profit belonging to shareholders of listed companies was 1.751 billion yuan, an increase of 172.06% over the same period last year.