Dangsheng Technology has carried out research and development of solid-state lithium materials and other technologies with revenue of 3.183 billion last year.

On the evening of March 22nd, Dangsheng Technology (300073) disclosed its annual report for 2020 that the company's operating income in 2020 was 3.183 billion yuan, an increase of 39.36 percent over the same period last year, and the net profit belonging to shareholders of listed companies was 385 million yuan, an increase of 284.12 percent over the same period last year.

Dangsheng's technology business covers two major sectors: lithium materials and smart equipment. The main products of the company's lithium-ion battery materials business include technical research, production and sales of multi-component materials, lithium cobalt and other cathode materials, as well as multi-component precursors, covering China, Japan, South Korea, Europe and the United States and other countries and regions.

In 2020, when Sheng Science and Technology pays close attention to international customers and continues to carry out iterative product development, agglomerated multi-materials continue to maintain technological leadership, and single crystal multi-materials have made core technological breakthroughs. Long-life NCM811 supplies international high-end power battery customers in bulk, and the third generation high-nickel and low-cobalt products form a close development relationship with customers; the international customer feedback performance of high-nickel NCMA products with high capacity, high density and low gas production is better than that of their competitors; the domestic high-end customers of the new generation ultra-high power products have excellent low temperature performance. High nickel single crystal multicomponent materials are the first to open the non-water washing dry coating process to supply the European and American battery market; lithium carbonate process low cobalt high voltage single crystal multicomponent products, the capacity is higher than peer competitive products, set a new benchmark for the same type of products, rapid card position in the domestic market; product technology version, research and upgrading, continuous excavation, high sharing, support a variety of product serialization development.

At the same time, Dangsheng Technology is currently carrying out the research and development of forward-looking technologies such as solid-state lithium materials and lithium-rich manganese-based cathode materials, and the product performance has been continuously improved, solving the problems in the future commercialization of new products. to further consolidate and enhance the company's technological advantages and market competitiveness to lay the foundation.

In 2020, Dangsheng Science and Technology will actively promote the production capacity construction of Jiangsu Dangsheng Phase III Project and Jiangsu Changzhou Lithium Power New material Industry Base. The production capacity of the third phase of Jiangsu Dangsheng project reached a high speed after the completion of the production capacity of 8000 tons. Changzhou Dangsheng overcame multiple unfavorable factors such as COVID-19 epidemic situation, summer flood and high temperature, rushed the schedule, rushed the construction of 20, 000 tons of capacity in the first phase of the first phase of the project and partially put into production, and began to supply international first-class power lithium battery enterprises in batches. the rest of the production capacity will be put into operation after the completion of customer certification.

After all the above new production capacity is put into production, the total production capacity of Dangsheng science and technology will double, and provide a solid guarantee for the company to achieve its business target in 2021. In the next step, the company will speed up the upgrading of the existing production line and further tap the potential of production capacity. At the same time, speed up the start of Changzhou Dangsheng and Jiangsu Dangsheng follow-up new capacity construction, and actively promote the feasibility of overseas capacity layout, in order to meet the huge demand of downstream customers, especially overseas customers for the company's products.

In terms of intelligent equipment business, Dangsheng Technology wholly-owned subsidiary Zhongding Hi-Tech specializes in precision die-cutting equipment, including round knife die-cutting machines, quality inspection machines and so on. Combined with its own advantages, Zhongding Hi-Tech has developed production equipment used in the lithium electricity industry to solve the problems of sagger identification, detection and manual replacement, which have perplexed production for a long time in the lithium power production industry, and improve the product quality and intelligence of lithium battery production. Has begun to try out. In 2020, Zhongding Hi-Tech sales increased by 29.66% compared with the same period last year, revenue increased by 57.99%, and net profit reached 41.5259 million yuan, an increase of 89.45% over the same period last year.