Since 1997, the company involved in lithium-ion secondary battery materials, production and sales, from the earliest of the cathode material, and gradually formed a cathode, anode, electrolyte three product system, the company is currently producing a variety of battery materials can be integrated together, more than 7000 tons , the highest in the world. In the new energy after the rise of the automobile industry, the company will become the future leader in the industry. First of all, grasp key technologies, the company controls a key cathode material lithium iron phosphate and ternary materials, the production and preparation process, and have industrial experience and excellent product performance, at the domestic leading position. Second, the company now has positive, negative, electrolyte three product system, with a complete industrial chain, the complete product system in the world are only a handful within the scope. Meanwhile, the company and actively to expand upstream and downstream industry chain, the initial the formation of a complete lithium-ion secondary battery materials, industrial chain. In the upstream, the company controls the production and supply of special carbon for the anode materials matching; lithium resources while actively seeking the acquisition integration, for the cathode material to produce matching. In the the midstream area, the company has formed cathode materials, anode materials and electrolyte complete product system, and is not currently active on the domestic production of lithium hexafluorophosphate and other products research and development. while in the downstream, the company set up in Changsha Firs Power Battery Co., Ltd. company, the company tested a variety of battery materials, and a variety of power batteries for development and research.
With the system and constantly improve our products, capacity expansion in 2009, the company’s battery materials business will be a sharp increase in sales of battery materials is expected to exceed 1.3 billion, year on year growth of more than 35%. Meanwhile, along with high value-added lithium manganese oxide, ternary electrolyte materials and products such as delivery, battery materials, the company expects 2009 consolidated gross margin will be increased dramatically. Start new energy automotive industry, the current lithium industry equilibrium will be broken, the industry demand for high-end products in particular, the explosive growth in demand will occur, the company’s earnings per share will be significantly thicker.
In addition, the company’s underlying assets, the revaluation is big for the stock price high margin of safety. Company currently holds 179 million shares stake in Bank of Ningbo, the initial investment 150 million yuan, the current Bank of Ningbo shares at 15 yuan / unit in the vicinity, according to 15 Yuan / unit basis, the potential value of 2.25 billion. In addition, Langfang Technology Valley Planning A total of 5,000 acres of land, 1,800 acres of land has been handling the current land certificate in the next 5, Beijing Subway line will link up scientific and technological valley, company’s initial investment cost is 11 yuan / mu, the current price of 18 yuan / mu, 1800 mu of land for the potential value of 126 million. Finally, Ningbo Shanshan industrial park has 450 acres of land, the initial investment cost is 25 yuan / mu, the current price is 60 yuan / mu, the potential value of 158 million.
Secondary market, the stock pre-adjustment of the occasion by the broader market took the opportunity to clean Fu Chou. The current stock price steadily pushed up the amount of amplification can be mild, to start at the bottom of signs clearly show a strong willingness upside. Expects the stock market outlook is still large room. Investors are advised to focus on.
