On April 11, lithium battery manufacturer Ruipu Energy issued a notice to change its name. according to the development needs of the company and approved by the competent authority, on April 7, 2022, the name of the company has been formally changed from "Ruipu Energy Co., Ltd." to "Ruipu Lanjun Energy Co., Ltd.".
According to the data, Ruipu Energy, founded in 2017, is the first enterprise to invest in the new energy field with Qingshan Industry combined with its own rich mineral resources. The company is mainly engaged in power / energy storage lithium-ion battery monomer to system application research and development, production and sales.
Ruipu Energy currently has a major shareholder in Yongqing Technology Co., Ltd., with a shareholding ratio of 71.76%, which is a subsidiary of Castle Peak Industry. According to data disclosed by Qingshan, its nickel ore production will reach 600000 tons in 2021, 850000 in 2022, and plans to reach 1.1 million tons by 2023.
In terms of capacity construction, Ruipu Energy aims to reach 200GWh capacity by 2025. The company has built Wenzhou manufacturing base and Shanghai R & D center two major bases, the production capacity has reached 26Gwh. In March 2021, the company announced that it would invest 10.3 billion yuan to build a power and energy storage lithium-ion battery and system manufacturing base in Nanhai District, Foshan City, with a planned annual capacity of 30GWH; in April of the same year, the signing ceremony of Ruipu New Energy Industrial Base project was held in Wenzhou, and the investment will be completed in 2026 and put into full production in 2027, with a planned production capacity of 100GWh, with an estimated total investment of 30 billion yuan.
In addition, on March 24 this year, Ruipu Energy announced that Qingshan Industry and SAIC (600104) joined hands with each other to jointly invest 5.5 billion yuan to build a 20GWh power battery and system project in Liuzhou, Guangxi. Relying on the advantages of Qingshan Industry in the research and production of new energy batteries and upstream raw materials, as well as the advantages of SAIC GM Wuling in the new energy vehicle market, the project has been built in Liuzhou, and plans to build a new energy vehicle power battery industry park.
In 2023, Ruipu Energy also plans to start the construction of overseas R & D, sales and production bases in North America, Europe and other regions.
In terms of customers, Ruipu Energy's main customers include SAIC GM Wuling, Dongfeng passenger cars, Sunshine Power, etc., and designated customers include PSA, FAW, Geely and so on.
In terms of performance, in 2021, Ruipu Energy sales revenue was about 2.4 billion yuan, an increase of 100% over the same period last year, delivering nearly 4GWh batteries, of which the passenger car sector delivered nearly 1.8GWh and served the global energy storage market close to 1.5GWh. In 2022, Ruipu Energy aims to generate 6.7 billion yuan in revenue, and its production capacity will be increased to 26GWh in the first quarter.
According to data released by the China Automotive Power Battery Industry Innovation Alliance, China's power battery installed capacity accumulated 51.3GWh in the first quarter of this year, up 120.7% from the same period last year.
In the first quarter, a total of 42 power battery enterprises in China's new energy vehicle market realized vehicle installation, and Ruipu Energy ranked 13th in terms of 0.4GWh loading, with a market share of 0.79%.
In terms of financing, it has recently been reported in the industry that Ruipu Energy is seeking financing and is considering a Hong Kong IPO of US $1 billion, with a valuation of nearly 30 billion yuan.
According to news from SAIC, SAIC led the financing of the industrial round of Ruipu Energy under Aoyama Industry at the beginning of this year, becoming the largest external strategic investor.
