1.283 billion! Shi Dashenghua plans to build an integrated lithium-electricity material project of 220000 tons per year.

On the evening of December 2nd, Shi Da Shenghua (603026) announced that the company signed an investment agreement with the Management Committee of Wuhan Chemical Industrial Zone on the integrated project of lithium material production and research and development. the company's wholly-owned subsidiary plans to invest in the construction of 220000 tons / year lithium materials production and R & D integration project. The total investment of the project is expected to be 1.283 billion yuan, and the construction site is Wuhan Chemical Industry Park in Hubei Province. The plant covers an area of 111600 square meters, the construction period is 18 months, and the annual output value is 3.088 billion yuan.

Shi Dashenhua said that at present, the company's carbonate products are in normal production and sales, and the construction of the integrated project of lithium and electric materials production and research and development is the strategic need of the company's multi-base layout. The company gives full play to its technical advantages in the field of carbonate solvents, increase profit growth points, enhance the influence of the company's industry, and promote the competitiveness of enterprises.

It is understood that Shida Shenghua downstream customers almost covered the world's leading electrolyte manufacturers, of which domestic to divine materials, Cathay Pacific Huarong-based, overseas to Mitsubishi Chemical, Central nitrate, Enchem-based. In the first three quarters of this year, the company's main revenue was 5.055 billion yuan, up 73.31% from the same period last year, and the net profit was 741 million yuan, up 1,185.75% from the same period last year. In the third quarter, the company's main income was 1.408 billion yuan, up 19.18% from the same period last year; the net profit returned to its mother was 150 million yuan, up 50.61% from the same period last year.

In September this year, Shi Da Shenghua announced that the company's future strategic development focused on the field of new energy and new materials, and decided to stop production of two sets of devices in Kenli Branch. In addition, the company plans to adjust its asset integration to form "Wintek New Energy Technology (Dongying) Co., Ltd.". Zhongshi University Industry and Trade Branch, Wintek Packaging, Financial Innovation Materials and Shida Weibo sold the company's overall net assets and labor force to Wintek New Energy in the form of asset integration. Kenli branch assets are also spun off as a whole and transferred to Wenghua New Energy.

In order to focus on lithium materials such as electrolytes and solvents, Shi Dashenghua disclosed a number of investment projects in November alone, in addition to peeling off some traditional chemical plants.

On the evening of November 7th, Shida Shenghua announced that it plans to build an annual production capacity of 300000 tons of electrolyte and 100000 tons of liquid lithium salt through its subsidiary, with an estimated total investment of 2.16 billion yuan.

Among them, Shida Wenghua wholly-owned subsidiary Shenghua New Energy Technology (Dongying) Co., Ltd. plans to invest 300000 tons / year electrolyte project. The total investment of the project is expected to be 1.6 billion yuan. The project is built at No. 198 Tongxing Road, Kenli District, Dongying City, Shandong Province, covering an area of 46667 square meters. The construction period is 15 months. It is expected to be completed and put into production in February 2023. The annual output value of the project is 10 billion yuan.

Shenghua New Energy, a 51%-owned subsidiary of Shi Dasheng, plans to invest in a 100000-ton / year liquid lithium salt project. The total investment of the project is expected to be 560 million yuan. The project is built at No. 198 Tongxing Road, Kenli District, Dongying City, Shandong Province, covering an area of 50000 square meters. The construction period is 15 months. It is expected to be completed and put into production in February 2023. The annual output value of the project is 3.6 billion yuan.

In view of the future industry pattern under the development trend of electrolyte integration, Shi Dachenghua said in an interactive exchange with investors a few days ago that at present, there are mainly several modes of electrolyte integration: electrolyte + additives, electrolyte + lithium salt, electrolyte + solvent, electrolyte + three material combinations. Because the cost of solvent and lithium salt is relatively high in the electrolyte, the company believes that the integration of electrolyte with solvent and lithium salt may become the mainstream.