Overseas sales of soft pack ternary batteries have greatly increased the revenue of power battery business of 1.361 billion in the first half of the year.

SMM: on the evening of August 24, Yiwei LiNeng released its semi-annual report for 2020. In the first half of the year, the company realized operating income of 3.176 billion yuan, an increase of 25.55% over the same period last year. Net profit was 363 million yuan, down 27.43% from the same period last year. Non-net profit was 270 million yuan, down 44.93% from the same period last year. Of this total, the operating income of lithium primary batteries was 647 million yuan, down 1.39 percent from the same period last year, and the operating income of lithium-ion batteries was 2.529 billion yuan, an increase of 34.98 percent over the same period last year.

Yiwei LiNeng said that the impact of non-recurrent and non-cash items on the company's net profit if the above assumptions were not taken into account, the company's first-half net profit was 816 million yuan, an increase of 63.08% over the same period last year.

In terms of business, in terms of consumer battery business, Yiwei Lithium can achieve operating income of 1.815 billion yuan in the first half of the year, an increase of 7.24% over the same period last year. In terms of lithium primary batteries, the market demand for traditional applications such as smart meters, intelligent security and sharing economy is steadily increasing; in small lithium-ion batteries, the company has launched bean batteries with independent intellectual property rights, which have been recognized by customers in the newly emerging TWS application market and have been supplied in batches. At the same time, in the field of tools and small power, it has entered the international and domestic first-class customer system, forming a stable batch delivery, further consolidating its domestic leading position in the tool market and two-wheel electric market.

In terms of power battery business, Yiwei Lithium Energy achieved an operating income of 1.361 billion yuan in the first half of the year, an increase of 62.59% over the same period last year. Yiwei LiNeng said that the main reason is the rapid growth of overseas sales of soft bag ternary batteries.

It is worth noting that Yiwei LiNeng announced on July 21 as brilliance BMW battery supplier and its second Chinese battery supplier after Ningde Times, Samsung SDI and Northvolt.

In the new energy passenger car market, Yiwei LiNeng's soft bag ternary battery has entered the capacity release period, the capacity utilization rate has increased rapidly, and the new products have been delivered in batches to major international customers; a cooperative relationship has been formed with well-known customers in the domestic market, and the market influence is gradually emerging.

In addition, in the field of energy storage, in the first half of the year, Yiwei Lithium successfully won the bid for a representative project such as China Mobile's centralized procurement of lithium iron phosphate batteries in 2020, with a bid price of 1.373 billion yuan (excluding tax) and a bid share of 13.04%. The corresponding winning amount is about 179 million yuan.

"2020 (second) China Automotive New Materials Application Summit Forum"

It was solemnly held in Shanghai from September 17 to 18.

During the reform period of the "four modernizations of the automobile", intelligent network connection, new energy, lightweight and intelligent manufacturing entered the field of the automobile industry, and the automobile era was reinterpreted. The surging changes require the industry to continue to integrate and innovate, and quickly promote the development rate of automobile enterprises. With the emergence of self-driving and intelligent cars, Internet companies, which are not active in the automotive field, have more opportunities to show their talents; the double points policy is becoming an important driving force for the development of China's new energy vehicle industry; in the face of environmental constraints, car companies speed up the application of advanced lightweight components and technologies to achieve vehicle weight loss. With the continuous promotion of the strategies of "Industrial 4.0" and "made in China 2025", intelligent manufacturing has become a new challenge of upgrading and transformation.

Under the guidance of the Shanghai Economic and Informatization Commission and the Shanghai Federation of Industrial economy, in order to accelerate the application of automobile lightweight and product lines, the Shanghai Nonferrous Metals Industry Association, together with Shanghai Automotive Engineering Society, Suzhou Die casting Technology Association and Shanghai Nonferrous Network, jointly held the "2020 (second) China Automotive New Materials Application Summit Forum". Jointly discuss material solutions, co-casting automobile industry chain green development closed loop, and strive to build an excellent communication and cooperation platform for the whole automobile industry chain, and lead the creation of advanced automobile industry clusters.

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