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Cangzhou Mingzhu is the abbreviation of Cangzhou Pearl Plastics Co., Ltd., located in Cangzhou, Hebei Province, the company is currently the highest product quality, the most complete varieties, the largest output of plastic pipe production enterprises. The company is located in the rubber and plastic products industry, the main products are PE pipes, BOPA film and lithium-ion battery diaphragm products. PE pipeline products are mainly used in the construction of underground pipe networks such as gas and water supply. With the acceleration of urbanization in China and the overall promotion of new urbanization, the demand for plastic pipes is increasing. China's plastic pipe industry is facing a broader space for development. BOPA film products are mainly used in the packaging of products, such as food, daily necessities, cosmetics and mechanical and electronic products packaging and other packaging fields. BOPA film is one of the fastest growing high-grade packaging materials in the world in recent years. It has become the third largest proportion of thin film packaging materials after BOPP and BOPET films, and new applications have been developed.
Lithium ion battery diaphragm products are used in lithium ion batteries. With the rapid development of new energy vehicles, the demand for power lithium batteries is increasing rapidly. Portable electronic products will be further popularized, wearable devices, the Internet of things and other emerging markets continue to emerge, China's consumer lithium battery industry is also developing rapidly.
At present, the company has become a leading enterprise in the subdivision industry by virtue of its scale and technical advantages in PE pipeline products and BOPA thin film products, with the continuous improvement and improvement of production technology and production process in lithium ion battery diaphragm products. As well as the continuous expansion of production scale, has also established a leading position in the lithium-ion battery diaphragm industry.
By the end of 2017, the "Wet Lithium Ion diaphragm Project with an Annual production capacity of 60 million square meters" built by the company's wholly owned subsidiary, Dezhou Donghong, was successfully completed as planned, and the construction of the two production lines was completed and put into production in April and July, respectively. One of the production lines of the "wet lithium-ion battery diaphragm project with an annual production capacity of 105 million square meters", which is implemented by the holding subsidiary Mingzhu lithium diaphragm, was completed and put into production in July, and the rest are being implemented as planned. Due to the increase of new production capacity, the product structure of diaphragm products is more perfect, the market share has been improved, and the status of the industry has been further highlighted.
Through continuous technical research and development, Cangzhou Pearl has broken through the relevant technical bottlenecks, mastered the production technology and production technology of dry diaphragm and wet diaphragm, and realized large-scale production. It has become one of the few domestic enterprises that can produce dry diaphragm, wet diaphragm and coated diaphragm products at the same time. Lithium diaphragm products have entered the larger domestic lithium battery manufacturers. Such as BYD, CATL, Tianjin Lishen, Guoxuan High Technology, Air China Lithium Power, Waterma and other enterprises.
In 2019, the wet diaphragm will reach a design capacity of 190 million square meters.
According to Cangzhou Pearl, the diaphragm products introduced into Ningde era, the average price without tax in the first three quarters is about 1.6 yuan per square meter for dry diaphragm and 1.9 yuan per square meter for wet diaphragm, respectively. according to Cangzhou Pearl, the average price of dry diaphragm is about 1.6 yuan per square meter, and the wet diaphragm is about 1.9 yuan per square meter. In terms of profit in the previous three quarters, the gross profit margin of the dry diaphragm was relatively stable. Because several production lines have just been put into production this year, the production capacity of wet diaphragm is still in the climbing stage, and the production cost of the product is high. At present, the production capacity of the newly put into production line has not yet been fully released, the utilization rate of production capacity is low, and the production cost of the product is relatively high. At present, the company is also making active efforts. The company will continue to improve the level of technology to improve the profitability of wet diaphragm products.
At present, the company has cooperation with some of the larger domestic battery manufacturers, such as BYD, League solid, Air China Lithium Power and Lishen and other domestic larger battery manufacturers have supplies. Cangzhou Mingzhu said that at that time, the main reason for the company's expansion of production and dry diaphragm was that first of all, downstream customers had a demand for products, and some battery manufacturers downstream were also improving lithium iron phosphate batteries to increase the energy density ratio. And the cost of using dry diaphragm is lower, and dry diaphragm safety is also good, can be used in urban short-distance walkers and buses and other fields. In the first half of 2018, the company received a number of major customers, including Samsung, including some manufacturers of Cangzhou inspection, are one-time through. At present, the wet diaphragm products have been successfully imported into CATL Company, and the batch supply has been realized. With the release of new capacity in 2019, the company will also actively open up new customers. It is predicted that after the dry diaphragm new line is put into production, the design capacity will reach 100 million square meters, while the wet diaphragm will be 190 million square meters.
As for diaphragm products, Cangzhou Mingzhu believes that although the price of diaphragm has been declining all the way in recent years, there is little room for price decline in the future, and the company will also actively reduce the cost of products as far as possible through the improvement of technology, capacity utilization, good product rate, and so on. Enhance the profitability of diaphragm products.
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