Post-epidemic era-ask about the ecology and capital of the battery new energy industry

Entrepreneurs of the Battery Hundred Talents Association\"Ask Dao\" Changxing and post-epidemic era·2020 China Battery New Energy Industry Chain Ecological and Healthy Development Entrepreneur Forum Site

Battery Hundreds Association-Battery Network News on August 5 (Xiao He, Zhejiang Changxing Report)\"In 2020, the industrial winter will be superimposed on the impact of the new crown pneumonia epidemic. The battery new energy industry has encountered an unprecedented severe and special impact on a global scale.\" On August 5, the entrepreneurs of the Battery Hundreds Association\" asked\"Changxing and Post-epidemic Era·2020 China Battery New Energy Industry Chain Ecological and Healthy Development Entrepreneurs Forum, Secretary-General of Zhongguancun New Battery Technology Innovation Alliance and Chairman of the Battery Hundreds Association Yu Qingjiao said, \"Insufficient cash flow and poor supply chain A series of problems such as the delay of new products, the difficulty of resuming production, the escalation of price wars, the influx of foreign capital, and the stagnation of international trade have become increasingly prominent. The industry reshuffle has further deepened, and the pressure on independent brands to survive is increasing.\"

Yu Qingjiao, Secretary-General of Zhongguancun New Battery Technology Innovation Alliance/Chairman of the 100 Battery Association

At the same time, this year’s national policy level support for the battery new energy industry is unprecedented: the two preferential policies of new energy vehicle purchase subsidies and vehicle purchase tax exemption have been extended for two years, and local policies to stimulate new energy vehicle consumption have been introduced. 2020 The government work report of the \"Two Sessions\" of the year focused on issues such as the construction of charging piles and the promotion of new energy vehicles. Three mandatory national standards including the\"Safety Requirements for Electric Vehicles\" were released...

At such a special moment, August 4-7, sponsored by the Zhongguancun New Battery Technology Innovation Alliance, the Battery Hundreds Association, and the Changxing County People’s Government, Changxing County Bureau of Commerce, Changxing County New Energy Equipment High-tech Industrial Park (Huaixi Street ) Hosted by the China-Russia Institute of New Energy Materials Technology, China Fortune Land Development Co., Ltd., and Zhejiang New Energy Industry Innovation Service Complex Supported by Battery Hundred Talents Entrepreneurs \"Ask Dao\" Changxing and Post-epidemic Era·2020 China Battery The New Energy Industry Chain Ecological and Healthy Development Entrepreneur Forum was held in Changxing County, Huzhou City, Zhejiang Province. More than one hundred battery entrepreneurs gathered in Changxing, Zhejiang to ask questions about the ecology and capital of the battery new energy industry.

Industrial ecology

Under the epidemic, a series of changes have taken place in the ecology of the battery new energy industry.

Wu Hui, General Manager of Research Department, Yiwei Economic Research Institute

Taking into account the changes in domestic and foreign policies and the epidemic, Wu Hui, general manager of the research department of the Ivy Institute of Economic Research, has reduced China's new energy vehicle sales to about 1.1 million in 2020, but looking forward to the next five years, he is still optimistic about China's new energy vehicle market. After the epidemic, in addition to China, Europe and the United States will become the world's important new energy vehicle sales markets. In terms of market demand for power batteries, Wu Hui predicts that by superimposing small batteries and energy storage batteries, the global demand for lithium-ion batteries will be close to 900Gwh in 2025.

The short-term downturn in the new energy vehicle and battery industry has also been passed on to the battery material field.

Zhang Jiangfeng, Secretary General, Lithium Branch of China Nonferrous Metals Association

\"The prices of lithium carbonate, lithium hydroxide and lithium metal continued to fall in the first half of 2020, mainly due to the slower-than-expected growth in market demand and the large inventory of lithium salt manufacturers.\" Secretary of the Lithium Branch of China Nonferrous Metals Industry Association Long Zhang Jiangfeng analyzed that in 2020, the output of lithium concentrate abroad will be greatly reduced, and the output of lithium salt will slightly decrease due to the impact of the new crown epidemic. Individual lithium mining companies in Australia have gone bankrupt or reorganized their assets. Most upstream companies such as mines and lithium salts have also slowed down their expansion. The pace of expansion is controlled, and the room for continued price declines is shrinking.

\"Lithium salt for battery materials can be further divided into lithium salt for new energy vehicle power battery, lithium salt for 3C and lithium salt for energy storage according to the field. In 2019, the proportion of lithium salt for power battery in China to total lithium salt consumption reached 58%.\" Zhang Jiangfeng predicts that from 2019 to 2025, the demand for lithium iron phosphate batteries in 5G base stations will reach 155.4GWh. According to calculations, by 2025, at least 70,000 tons of lithium carbonate equivalent will be consumed. In addition, the emergence of 5G technology will also drive a certain amount of lithium battery consumption.

Chen Yubi, Executive Vice President of Nord Investment Co., Ltd.

\"At the end of 2019, China's lithium electrolytic copper foil production capacity was 200,000 tons, the output was 135,000 tons, and the capacity utilization rate was 67%. The decline in capacity utilization rate is related to the less than expected growth of new energy power batteries in 2019. The epidemic in 2020 In the first half of the year, the demand for copper foil declined.\" According to Chen Yubi, executive vice president of Nord Investment Co., Ltd., the impact of the epidemic on new energy is short-term. As the epidemic stabilizes and the market gradually recovers, there will be growth in the second half of the year. , Is expected to decrease compared with 2019, and will maintain a relatively stable growth rate starting from 2021.

Capital bureau

2020 is a great year for the construction of domestic multi-level capital markets to further deepen reforms. Thanks to new opportunities for capital market reforms, battery new energy companies have greatly increased their enthusiasm and confidence in connecting with the capital market.

Peng Zhengfeng, Chairman of Ruifeng Capital (China) Investment Co., Ltd.

\"If a company wants to grow rapidly, capital power is absolutely indispensable\", said Peng Zhengfeng, chairman of Ruifeng Capital (China) Investment Co., Ltd., at present, the combined market value of lithium battery and materials listed companies in China is 1.4 trillion, and high debt drives strong financing demand . A company’s listing can bring about eight beneficial effects: increase the company’s reputation, improve the company’s financial status, increase asset liquidity, use stocks to acquire other companies, increase employee motivation, share risks, increase company transparency, and enhance corporate reputation.

At the same time, the \"capital winter\" superimposed the impact of the epidemic has made investment institutions more cautious and insufficient investment willingness. At the same time, because companies related to the battery industry chain generally face the characteristics of long account periods and large capital expenditures, it is more difficult to raise funds when cash flow from operating activities declines year-on-year and month-on-month, forming negative feedback.

Wang Rongjin, Partner of Shanghai Jinbang Equity Investment Management Co., Ltd.

However, according to Wang Rongjin, a partner of Shanghai Jinbang Equity Investment Management Co., Ltd., despite various short-term risks, the new energy vehicle industry is a globally determined trend. The overall market penetration rate is still relatively low. In the long run, the market is developing. The space is huge.

Yang Chengxiao, Deputy Director of the Research Institute of Tianfeng Securities Co., Ltd. / Director of the Big Cycle Group

Yang Chengxiao, deputy director of the research institute of Tianfeng Securities Co., Ltd./Director of the Big Cycle Group, also said that due to the increase in the amount of new energy vehicles and the stimulation of European subsidies, investment should continue to look for opportunities along power lithium batteries. For example, in the field of cathode materials, high-nickelization has entered a substantial stage; in the field of anode materials, silicon-carbon anodes may accelerate their application, with the advancement of prelithiation; noteworthy investments in solid-state batteries, aluminum-plastic films, and laminators There are still many directions.

It is worth noting that, since the 1970s, Changxing, where the \"Wen Dao\" event was held, has long used lead storage batteries as an important pillar industry. In recent years, while managing and optimizing the \"black industry\" of lead-acid batteries, Changxing is also seeking to transform into a \"green industry\" of new energy batteries.

Sino-Russian Research Institute and Nordisk Co., Ltd. jointly established a current collector material engineering technology innovation center

At this forum, three projects were successfully signed: one is the \"Collector Material Engineering Technology Innovation Center\" project co-operated by Nord Investment Co., Ltd. and the Sino-Russian New Energy Materials Technology Research Institute; the second is the project of Hangzhou Huaxing Industrial Group Co., Ltd. and Zhejiang Jingcheng Mould Machinery Co., Ltd. invested and settled in Huaxi Street in the production of intelligent precision automobile molds and supporting parts; thirdly, it was invested by Tebaijia Power Technology Co., Ltd. and settled in the new Energy power system R&D and production project.

\"I hope that through this questioning activity, I can bring you the resilience and motivation for smart collision, group development, and joint efforts, seize the opportunity of the entire industry to develop towards high quality, and help the battery new energy industry chain to truly realize the ecology , Healthy and sustainable development! \" Yu Pingjiao said.