[SMM analysis] Lithium battery concept stocks soar, battery-grade lithium carbonate demand is gradually repaired and prices are willing to rise.

SMM9 March 3: today's lithium battery concept stock trend is strong, Skyline shares, Qianjiang Motorcycle, Bailey Technology pull up the sealing board, Xinwanda share price rose nearly 9%, polyfluoroduo share price nearly 8%.

During this period, the Ministry of Industry and Information Technology said that the national output of lithium-ion batteries reached 1.62 billion in July, an increase of 11.1% from a year earlier.

Individual stock performance

Qianjiang Motorcycle: in the first half of 2020, the company realized a net profit of 125 million yuan belonging to shareholders of listed companies, an increase of 41.14% over the same period last year. In terms of large emissions (including 250CC), the company sold about 37600 vehicles during the reporting period, an increase of 5.73% over the same period last year.

Qianjiang motorcycle business model is mainly based on its own brand products for market sales, the products are sold to more than 80 domestic and international countries, the proportion of large displacement varieties has increased steadily, and the sales of vehicles above 250cc (excluding 250cc) ranks first in the domestic industry.

Xin Wanda: earlier, Xinwanda Electric vehicle Battery Co., Ltd., a wholly-owned subsidiary of Xin Wanda Electronics Co., Ltd., received a notification letter from Dongfeng Liuzhou Automobile Co., Ltd. about the selection of Dongfeng Liuqi project product suppliers, and the company was officially selected as Dongfeng Liuqi parts synchronous development supplier to supply HEV power battery assembly products. Dongfeng Liuqi is one of the major automobile manufacturing companies in China at present. This company has been selected as Dongfeng Liuqi supplier, which is an important progress in the electric vehicle battery business of the company. It will help to enhance Xin Wanda's comprehensive competitive strength in the field of electric vehicle batteries.

"Click to view the spot price of SMM cobalt lithium

According to SMM research, the price of battery-grade lithium carbonate has been declining since mid-late March and remained stable at the beginning of July. as of September 3, the price of battery-grade lithium carbonate was 40, 000 yuan / ton, down 10250 yuan / ton from the highest level of 50250 yuan / ton since the beginning of the year.

Looking forward to the future, SMM believes that the marginal demand downstream of battery-grade lithium carbonate will gradually repair, with the increase in procurement demand at the beginning of the month, large manufacturers will be in a tight state, and there is a strong willingness to raise prices, and the extent of price changes in the future still needs to be observed downstream acceptance.

"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 SMM, 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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