On the evening of April 22, China's leading manufacturer of lithium nanophosphate, carbon nanotube conductive fluids and carbon nanotubes SZDF Nanomaterials Technology disclosed the 2019 annual report and the first quarter of 2020, and the company achieved operating income in 2019 1.054 billion yuan, an increase of 0.04% year-on-year; net profit attributable to shareholders of listed companies was 100 million yuan, an increase of 2.07% year-on-year; basic earnings per share were 2.56 yuan / share.
On the same day, SZDF issued a plan for the non-public issuance of A shares. The target of this issue is no more than 35 specific objects that meet the requirements of the CSRC. The number of shares issued is no more than 12.82 million shares. The total amount of funds to be raised does not exceed 120 million yuan. The net amount will be used for the annual output of 40,000 tons of nano lithium iron phosphate project and supplementary working capital. The two projects plan to use the raised funds of RMB 850 million and RMB 350 million respectively.
The main business of SZDF is the research, development, production and sales of nano-lithium iron phosphate and carbon nanotube conductive liquid. It is mainly used in the manufacture of lithium-ion batteries such as power batteries and energy storage batteries. Energy field.
After years of market development, SZDF has formed a long-term cooperative relationship with CATL, Yiwei Lithium Energy and other well-known domestic lithium ion battery manufacturers. It provides good after-sales service. Among them, CATL, as the company's key service customer, is the world's leading power battery system provider. According to SNEResearch statistics, CATL's power battery sales from 2017 to 2019 have ranked first in the world for three consecutive years. And other aspects have been in a leading position in the market. According to the non-public offering plan announced by CATL in February 2020, after the implementation of its fundraising project, a total of 52GWh of lithium-ion battery capacity will be added, which will play an important role in driving the company's downstream demand for nano-lithium iron phosphate.
According to the downstream market's demand for nano-lithium iron phosphate batteries and the expansion plans of major customers in the domestic market, SZDF plans to build an annual output of 40,000 tons of nano-lithium iron iron phosphate projects within its existing main business scope to further expand the core product capacity , To meet the growing product demand of downstream customers. The construction period of this project is 2 years. During the operation period of the project, it is expected that the average annual operating income will be 1.32743 million yuan, and the average annual after-tax profit will be 147.463 million yuan. The project is expected to have good benefits.
SZDF said that the company raised funds for this issue around its main business. Among them, the "40,000-ton nano-lithium iron iron phosphate project" belongs to the company's core product nano-lithium iron phosphate anode material capacity expansion project, which is the company's response to the industry's development trend The important layout made in response to the expanding product demand of downstream customers is conducive to expanding the scale of business and promoting the company's sustainable development. At the same time, part of the raised funds used to supplement working capital will further enhance the company's financial strength, optimize the capital structure, and provide strong support for the efficient development of business activities.
Defang Nano has production bases in Foshan City, Guangdong Province, Pingshan District, Shenzhen City, Tai'an City, Shandong Province, and Qujing City, Yunnan Province. The production capacity is continuously expanding, and the production scale and supply capacity are at the forefront of the industry. In FY2019, the company's lithium iron phosphate nano capacity is about 25,500 tons / year, and the capacity under construction is 25,000 tons / year, of which: Qujing Defang is the main body of the fund-raising investment project, and the capacity under construction is 15,000 tons / year; Qu Jinglin Iron The capacity under construction is 10,000 tons / year. During the reporting period, the company's nano-lithium iron phosphate and carbon nanotube conductive liquid revenues were 1.02 billion yuan and 0.48 billion yuan, accounting for 95.05% and 4.54% of the company's operating income, respectively. The gross profit of the two was 211.37 million yuan and 12.14 million yuan respectively , Accounting for 94.24% and 5.41% of the company's gross profit respectively.
From 2017 to 2019, the company's sales volume of nano-lithium iron phosphate was 11,300 tons, 16,800 tons and 23,400 tons, with an average annual compound growth rate of 58.57%; the sales volume of carbon nanotube conductive liquid was 2,967.54 tons, 1,281.59 tons and 1,626.11 tons, which has declined overall.
From January to March 2020, German Nano achieved operating income of 157 million yuan, a decrease of 28.79% from the same period of the previous year; and realized net profit attributable to shareholders of listed companies of 6,510,300 yuan, a decrease of 73.43% from the same period of the previous year. German Nano said that during the reporting period, the spread of the New Coronary Pneumonia epidemic affected the company ’s normal production and operation. Some customers and suppliers postponed resumption of work, and the company ’s orders decreased, resulting in a substantial decline in the company ’s operating income and net profit.