On August 25, Cangzhou Mingzhu (002108) released its semi-annual report for 2021, saying that the company's operating income in the first half of the year was 1.355 billion yuan, an increase of 21.52% over the same period last year; the net profit belonging to shareholders of listed companies was 233 million yuan, an increase of 124.91% over the same period last year; and earnings per share was 0.1641 yuan. Among them, the company's lithium-ion battery separator operating income in the first half of the year was 236 million yuan, an increase of 17.43% over the same period last
Cangzhou Mingzhu said that the company's performance growth in the first half of the year was mainly due to an increase in sales of BOPA film and lithium-ion battery diaphragm products compared with the same period last year, resulting in an increase in product operating income; an increase in gross profit margin of BOPA thin film products over the previous year, and an increase in product profitability; production and sales volume of lithium-ion battery separator products increased, product unit cost decreased compared with the same period last year, and product profitability increased.
Data show that at present, Cangzhou Pearl in PE pipeline products and BOPA film products by virtue of its scale and technical advantages has become the leader in the subdivision industry, in lithium-ion battery diaphragm products with the continuous improvement and improvement of production technology and production process, the production scale continues to expand, the products have entered the international leading enterprises.
Lithium ion battery diaphragm is one of the four main materials of lithium battery. with the gradual improvement of the market situation, the demand for diaphragm products continues to expand, and the price continues to explore the integration of some lithium diaphragm enterprises in recent years. there are fewer new enterprises entering the lithium diaphragm industry, and the relationship between supply and demand has been improved, and the diaphragm price has gradually stabilized from the second half of 2020. Cangzhou Mingzhu is one of the enterprises with dry, wet and coated lithium-ion battery separator products. With the continuous development of domestic and international customers, the competitiveness of the company's diaphragm products will be further improved and enhanced.
In July this year, Cangzhou Mingzhu said in response to questions from investors that the company currently has a capacity of 290 million square meters for lithium-ion battery diaphragm design. Among them, the production capacity of dry-process lithium-ion battery diaphragm design is 100 million square meters, and that of wet-process lithium-ion battery separator design is 190 million square meters. This year, the company aims to sell 198 million square meters of lithium-ion battery diaphragm products.
With the improvement of the sales of the company's lithium-ion battery diaphragm products, in order to better meet the needs of downstream customers, in May, Cangzhou Mingzhu plans to invest in the construction of the "annual production capacity of 200 million square meters of wet lithium-ion battery separator project" in Cangzhou, Hebei Province. With a total investment of 620 million yuan, the project mainly invests in the construction of two wet-process lithium-ion battery diaphragm production lines for the production of wet-process lithium-ion battery diaphragm products. The project funding company will solve the problem through its own funds and self-financing, and the competitiveness of lithium-ion battery diaphragm products will be further improved after the project reaches production.
