[electrolyte Weekly] A number of electrolyte projects have made new progress! There will be no price war in lithium hexafluorophosphate this year.

[company] New Zebang made a net profit of more than 1.3 billion last year to raise no more than 2 billion plus lithium materials, etc.

On the evening of March 28th, New Zebang (300037) disclosed its annual report that in 2021, the company realized operating income of 6.951 billion yuan, an increase of 134.76% over the same period last year; net profit belonging to shareholders of listed companies was 1.307 billion yuan, an increase of 152.36% over the same period last year; and basic earnings per share was 3.18 yuan, an increase of 146.51% over the same period last year.

On the same day, New Zebang also announced that the company intends to take Huizhou Zebang Chemical Co., Ltd. (hereinafter referred to as "Huizhou Zebang"), a wholly-owned subsidiary, as the main body of the project. In the Daya Bay petrochemical area of Huizhou City, the company plans to invest in the construction of 150000 tons of carbonate solvent and co-production of ethylene glycol, with an investment of 195 million yuan, a construction period of 1.5 years, and is expected to be gradually put into production in 2023.

It is worth noting that the new Zebang has also disclosed a plan to issue convertible corporate bonds to unspecified objects. the total amount of funds to be raised by the company to issue convertible corporate bonds will not exceed RMB 2 billion (including). After deducting the issuance cost, the net funds raised are intended to be invested in the following projects: 500 million yuan for Hankang electronic materials "annual output of 59600 tons lithium electricity additive project" 380 million yuan for Tianjin Xinzubang semiconductor chemicals and lithium battery materials project, 460 million yuan for Sanming Heisford "High-end Fluorine Fine Chemicals Project (Phase II)", 260 million yuan for Jingmen Xinzubang "annual output of 283000 tons of lithium battery materials project", 400 million yuan for supplementary working capital.

[project] Wanrun Co., Ltd. plans to invest 1.8 billion yuan in new energy materials and other projects

On March 25th, Wanrun (002643) announced that in order to implement the company's development strategy and speed up its pace of becoming stronger and bigger, the company plans to carry out the first phase of the energy-saving Wanrun (Penglai) new materials construction project in Penglai Chemical Industrial Park, Shandong Province, through its wholly-owned subsidiary, in order to vigorously develop the company's new materials business.

It is reported that the total investment of the project is 1.805 billion yuan, which is used to expand the production capacity of electronic information materials, special engineering materials and new energy materials, including 1150 tons / year of electronic information materials, 6500 tons / year of special engineering materials and 250 tons / year of new energy materials.

Among them, electronic information materials products include PPI-01 products (polyimide monomer materials for electronics and display), PPR-01 products (detergent addition materials in semiconductor process), PLS-01 products (liquid crystal monomer materials for display) and so on. The new energy material products include: PBB-01 products (electrolyte additives for new energy batteries), PBB-02 products (electrolyte additives for new energy batteries), PBB-03 products (electrolyte additives for new energy batteries) and so on.

[project] Fuxiang Technology, a subsidiary of Fuxiang Pharmaceutical Co., Ltd., has obtained the environmental assessment approval of the VC project with an annual output of 10,000 tons.

On the evening of March 24th, Fuxiang Pharmaceutical (300497) announced that the company's wholly-owned subsidiary Jingdezhen Fuxiang Life Technology Co., Ltd. (referred to as "Fuxiang Science and Technology") received the approval of the Environmental impact report on the Fuxiang Biomedical Project (Phase I) of Jingdezhen Fuxiang Life Technology Co., Ltd. (Phase I) issued by Jingdezhen Ecological and Environmental Bureau. The reply agrees that Fuxiang Science and Technology should build an annual production capacity of 10000 tons of VC (vinyl carbonate) project in Yushan Pharmaceutical Industrial Park (south of Jingdezhen Power Plant) in Jingdezhen Ceramic Industrial Park, and implement various environmental protection measures and requirements, strictly implement the "three simultaneous" system of environmental protection, and ensure the stable discharge of all kinds of pollutants.

Sanmei Co., Ltd. plans to rebuild and expand 6000 tons / year lithium hexafluorophosphate project.

Recently, the environmental impact assessment of the environmental impact report of 6000 tons / year lithium hexafluorophosphate and 6000 tons / year high purity PF waste project of Dongying Chemical Co., Ltd. was publicized for the second time in Qingliu County, Fujian Province.

It is reported that the project will build an annual production line of 6000 tons of lithium hexafluorophosphate and an annual production line of 5150 tons of PF resin (of which 5050 tons are used as intermediate raw materials and 100 tons as product sales), as well as supporting facilities and public works. The new project will be implemented by Sanmei (603379) wholly-owned subsidiary Dongying Chemical Co., Ltd., Qingliu County, Fujian Province, with a total investment of 234 million.

[dynamic] the environmental impact assessment of Hengyouhua new materials with an annual output of 8000 tons of electrolyte is publicized.

Recently, Jining Ecological and Environmental Bureau announced the annual output of 8000 tons of lithium-ion power battery electrolyte functional additives and 8000 tons of special silane coupling agent project (Phase I) of Jining Hengyouhua New material Technology Co., Ltd.

It is reported that the project plans to invest 360 million yuan in the construction of Jining Yanzhou Chemical Additives Industrial Park with an annual output of 8000 tons of lithium-ion power battery electrolyte functional additives and 8000 tons of special silane coupling agents. The project will be built by stages, with an investment of 310 million yuan in the first phase, which can achieve an annual output of 4425 tons of functional additives for lithium-ion power battery electrolyte and 6500 tons of special silane coupling agents (including 1000t/a 3-chloropropyl methyl diethoxysilane, 4000t/a 3-(2-epoxypropoxy) propyl trimethoxysilane and 500t/a 3-(2-epoxypropoxy) propyl trimethoxysilane. 1000t/a 3-(2 methylene 3-propylene oxide) propyl trimethoxysilane).

[interactive] Yan'an Bikang: the company has established a stable and high-quality customer base of lithium hexafluorophosphate.

On March 24th, Yan'an Bikang (002411) said on the investor interactive platform that the company's subsidiary Jiujiu Technology Lithium hexafluorophosphate and UHMWPE fiber products have established a stable and high-quality customer base. The main customers of lithium hexafluorophosphate products include Xinzubang, BYD, Shanshan shares, etc., as well as a number of mainstream electrolyte manufacturers such as Zhuhai Saiwei and Xianghe Kunlun. At the same time, Jiujiu Technology has been actively exploring the international market. In mid-August 2021, Jiujiu Technology signed a long-term cooperation agreement with South Korea's Enchem.