[11.10 Lithium Express] Lithium rush: throwing out hundreds of billions of investment and production expansion plans a month | Ping an Securities: the demand for lithium copper foil in China will grow rapidly.

In the past month alone, A-share lithium leading companies, represented by Ningde Times and Yiwei Lithium Energy, have announced plans to expand production with a total investment of up to 100 billion yuan. Driven by unprecedented industrial investment, the lithium battery sector is once again sought after by the market, and begins to form a virtuous production and financing cycle of "financing-investment expansion-stock price rise-continued financing". "this wave of investment has two characteristics: first, leading enterprises take the lead in investment, and second, investment extending upstream and downstream of the industrial chain." Ningde era and Yiwei Lithium Energy accounted for half of the hundreds of billions of investment in the past month.

[Ningbo founder: plan to invest 1.2 billion yuan in lithium battery precision structure and parts production project] Ningbo founder announcement, the company plans to sign the "Investment Cooperation Agreement between Anhui Chaohu Economic Development Zone Management Committee and Ningbo Fangzheng Automobile Mould Co., Ltd." with the management committee of Anhui Chaohu Economic Development Zone and Ningbo Fangzheng Automobile Mould Co., Ltd., and plans to set up a new local holding subsidiary. It is planned to invest in the production of precision structures and components of new energy lithium batteries. The total investment of the project is about 1.2 billion yuan, which will be invested in two phases.

[Chuanjinnuo: plans to build 100000 tons / year battery-grade lithium iron phosphate cathode materials] Chuanjinuo announcement that the company and the people's Government of Fangchenggang Port District intend to sign a "Project Cooperation Framework Agreement" recently, and the two sides intend to give full play to their respective advantages. In Fangchenggang City, we will invest in the construction of "50, 000 tons / year battery-grade lithium iron phosphate cathode material precursor iron phosphate and supporting 600000 tons / year sulfur sulphuric acid project" and "100000 tons / year battery-grade lithium iron phosphate cathode material project".

[Sinopec Science and Technology: Hunan Zhongli plans to increase its subsidiary Inner Mongolia Zhongli by 250 million yuan] Sinopec Science and Technology announcement, the company's company Hunan Zhongli New Materials Co., Ltd. ("Hunan Zhongli") plans to increase its wholly owned subsidiary Inner Mongolia Zhongli New Materials Co., Ltd. ("Inner Mongolia Zhongli") by 250 million yuan. At the same time, the company plans to increase its wholly-owned subsidiary Taishan fiberglass by 250 million yuan. Taishan fiberglass plans to increase the capital of Jinjing with 360 million yuan.

[Galaxy Securities: opinions on deepening the Battle of pollution Prevention and Control issued continuously beneficial to the hydrogen Energy Automobile Industry chain] the Galaxy Securities Research News pointed out that the CPC Central Committee and the State Council have issued the "opinions on deepening the Battle of pollution Prevention and Control." The "opinion" points out from many aspects that it is necessary to further standardize the pollution control of traditional diesel trucks and at the same time continue to promote the use of hydrogen-powered vehicles. We believe that the opinions focus on promoting the hydrogen energy of trucks and passenger vehicles, which is in line with the actual development trend of the industry and is beneficial to the hydrogen energy-related industry chain. It is suggested that continuous attention should be paid to heavy truck and spare parts faucet, hydrogen energy truck leader Weichai Power, hydrogen energy passenger vehicle leader Yutong bus, Foton Motor and Great Wall Motor with relatively perfect layout of hydrogen energy passenger vehicles.

[ping an Securities: the demand for lithium copper foil in China will grow rapidly] Ping an Securities points out that in the future, benefiting from the rapid development of new energy vehicles and energy storage, the demand for lithium copper foil in China will grow rapidly and develop in the direction of thinning and thinning; while on the supply side, it is expected that the production capacity of lithium copper foil that will be put into production and operation in China from 2021 to 2022 is relatively limited. We judge that the supply of lithium copper foil is expected to remain tight from 2021 to 2022, and suggest to focus on lithium copper foil, light and thin product research and development and leading industrialization leading enterprises such as Nord shares and Jiayuan Technology.