IPO of Zhuhai Guanyu Science and Technology Co., Ltd. will raise more than 3.2 billion of the main investment in polymer lithium battery projects.

Published: Jun 18, 2021 08:22
On the evening of June 17, Zhuhai Guanyu Battery Company Zhuhai Guanyu Battery Co., Ltd. was approved by Zhuhai Guanyu Battery Co., Ltd. on the evening of June 17. [Zhuhai Guanyu IPO will raise more than 3.2 billion of the main investment in polymer lithium battery projects. " Science and Technology Innovation Board IPO, Zhuhai Guanyu plans to raise about 3.249 billion yuan for the construction of Zhuhai polymer lithium battery production base construction project, Chongqing lithium battery cell packaging production line project, R & D center upgrading project and supplementary liquidity.

On the evening of June 17, the Shanghai Stock Exchange announced the results of the meeting of the Shanghai Municipal Committee of Kechuang Board. Zhuhai Guanyu Battery Co., Ltd. (hereinafter referred to as: Zhuhai Guanyu), a consumer lithium battery company, was approved for the first time.

Science and Technology Innovation Board IPO, Zhuhai Guanyu plans to raise about 3.249 billion yuan for the construction of Zhuhai polymer lithium battery production base construction project (2.09 billion yuan), Chongqing lithium battery cell packaging production line project (402 million yuan), R & D center upgrade project (407 million yuan) and supplementary liquidity (350 million yuan).

According to public data, Zhuhai Guanyu is mainly engaged in the research, development, production and sales of consumer polymer soft package lithium-ion batteries, and the company's main end customers are large brands in the field of consumer electronics such as notebook computers and smartphones at home and abroad.

In the first quarter of this year, Zhuhai Guanyu achieved revenue of 2.273 billion yuan, an increase of 124.77% over the same period last year, and its net profit was 255 million yuan, an increase of 759.28% over the same period last year. The company expects revenue of 5.032 billion yuan to 5.235 billion yuan in the first half of this year, an increase of 86.63% and 94.15% over the same period last year. The estimated net profit of returning home is 524 million yuan to 565 million yuan, an increase of 106.32% and 122.49% over the same period last year.

Battery net noted that in terms of capacity, Zhuhai Guanyu's first quarter capacity, production and sales increased by 125.30%, 159.86% and 125.11% respectively compared with the same period last year. In order to speed up capacity construction, the company's soft package polymer lithium battery intelligent manufacturing project held the groundbreaking ceremony on January 27 this year.

It is understood that the Zhuhai Guanyu soft package polymer lithium battery intelligent manufacturing project is expected to have a total investment of about 3.35 billion yuan and is planned to be built in two phases. According to the plan, after the project is fully put into production, it is expected to produce consumer lithium batteries with a capacity of 22 million / month, button lithium batteries with a capacity of 5 million / month and PACK with a capacity of 10 million / month.

In terms of investment planning for consumer lithium-ion batteries, Zhuhai Guanyu said that consumer lithium-ion batteries are the primary direction of the company's future development. In recent years, the market concentration has increased year by year, showing a trend of "the strong are always strong". A small number of leading lithium-ion battery manufacturers, including the company, occupy the main market share in the industry. In the future, while taking advantage of its own advantages to seize market share, the company will further increase capital investment and increase production capacity to meet market demand.

In terms of investment planning for power lithium-ion batteries, Zhuhai Guanyu said that the production of power lithium-ion batteries is one of the company's important strategic development directions. At present, customers mainly include Haojue, Cummins and China Motor. The main products are car start-stop system batteries and electric motorcycle batteries, the overall production capacity is small and is still in its infancy.

A few days ago, in response to an inquiry from the Shanghai Stock Exchange, Zhuhai Guanyu said that under the trend of expanding the application field of lithium-ion battery and increasing demand, the company persisted in developing its existing main business and based on the field of consumer battery. maintain the leading position in the notebook battery industry, further increase the market share of mobile phone batteries, and expand business in other application areas at the same time. For example, drone batteries, smart wearable devices batteries and so on. In the power battery market, the current business such as car start-stop battery and electric motorcycle battery has been gradually extended to pure electric vehicle battery and energy storage battery, constantly expanding the scale of the company's power battery business and enhancing its market competitiveness. strive to make the company step onto a new level within five years.

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