The revenue of new material products is about 1.357 billion, and the revenue of lithium battery products is about 286 million.

Publicado: Aug 26, 2021 08:20
[the revenue of new materials products is about 1.357 billion. The revenue of lithium battery products is about 286 million.] at present, Duofuoduo is mainly engaged in aluminum fluoride salts, new materials and lithium batteries. Among them, in the first half of the year, the company's new material products achieved business income of about 1.357 billion yuan, an increase of 134.21% over the same period last year; lithium battery products achieved business income of about 286 million yuan, an increase of 165.24% over the same period last year.

After trading on August 25, Dofudo (002407) disclosed that in the first half of the year, the company achieved operating income of 2.905 billion yuan, an increase of 67.68% over the same period last year, and net profit belonging to shareholders of listed companies was 308 million yuan, an increase of 1859.97% over the same period last year. Basic earnings per share is 0.4288 yuan.

Dofuoduo is currently mainly engaged in aluminum fluoride salts, new materials, lithium batteries. Among them, in the first half of the year, the company's new material products achieved business income of about 1.357 billion yuan, an increase of 134.21% over the same period last year; lithium battery products achieved business income of about 286 million yuan, an increase of 165.24% over the same period last year.

In terms of new material products, Duofuoduo said in the semi-annual report that in the second half of 2021, the company will form an annual production capacity of 15000 tons, with a market share in the forefront of the industry. Products are supplied to domestic mainstream electrolyte manufacturers, and exported to South Korea, Japan and other countries, sales are in the forefront of the world. At the same time, the company now has an annual production capacity of 50000 tons of electronic-grade hydrofluoric acid, including 10000 tons of semiconductor-grade hydrofluoric acid, with product sales ranking in the forefront of the country, and has successfully opened the international market and realized batch export. into the supply chain of South Korea's top semiconductor companies.

The Battery Network noted that during the expansion of the project, on July 17, Duofuoduo announced that the company intends to use self-raised funds to invest in the construction of 100000 tons of lithium hexafluorophosphate, 40, 000 tons of difluorosulfonimide lithium (LiFSI) and 10, 000 tons of lithium difluorophosphate, with a total investment of 5.15 billion yuan.

In the signing of the order, on July 17th, Polyfluorodo also announced that the company has recently signed three product sales contracts with customers, and the supply of lithium hexafluorophosphate will not be less than 9960 tons. Specifically, the company signed a "long-term cooperation agreement" with BYD, which purchased lithium hexafluorophosphate with a total quantity of not less than 6460 tons; the company signed a "sales contract" with Funeng Technology, which purchased lithium hexafluorophosphate with a total quantity of not less than 1700 tons from the company; and Henan Nonferrous Metals Industry Co., Ltd., a subsidiary of the company, and Enchem Co.,Ltd.. Signed the purchase Agreement, Enchem Co.,Ltd. Purchase 1800 tons of lithium hexafluorophosphate from Henan Nonferrous.

In terms of lithium batteries, polyfluoroduo currently has a lithium battery production capacity of 3.5 GWH and has more than 10 years of accumulation of ternary soft package technology. In May this year, Duofuo announced that in order to expand and strengthen the company's market and business layout in South China, enhance its R & D, production and operation capacity, expand the enterprise scale, and enhance the company's overall strength and market competitive advantage, it signed the Lithium Battery Project Investment Framework Agreement with the people's Government of Nanning City and Qingxiu District people's Government, and the three parties jointly invested in the establishment of Nanning Project Company and cooperated in the construction of lithium battery projects. Relying on its own intellectual property rights and patented technology, we will build 20GWh lithium battery project and produce lithium battery and related supporting products. The project is divided into three phases, with a production capacity of 5GWH for the first phase, 5GWH for the second phase and 10GWh for the third phase. Among them, the first phase of the project will build about 100000 square meters of factory buildings and public facilities in the first and second phases of the project, and strive to start construction before June 30, 2021, complete the main project construction and have equipment installation conditions by December 31, 2021, and put into production by June 30, 2022.

In addition, according to the July power battery monthly data released by the China Automotive Power Battery Industry Innovation Alliance, from January to July, the top 15 domestic power battery companies are: Ningde Times, BYD, LG Chemical, AVIC Lithium, Guoxuan Hi-Tech, Yiwei Lithium Energy, Honeycomb Energy, Funeng Technology, Tafel New Energy, Jiewei Power, Lishen Battery, Penghui Energy, Xin Wanda, Ruipu Energy, and Duofuo. Among them, the loading capacity of power batteries from January to July is 0.42 GWH, accounting for 0.7% of the total installed capacity in the same period in China.

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The revenue of new material products is about 1.357 billion, and the revenue of lithium battery products is about 286 million. - Shanghai Metals Market (SMM)