On April 25, Shanshan issued a foreign investment announcement, agreeing that Shanshan Energy, a controlling subsidiary, plans to invest about 1.58 billion yuan in fixed assets, invest in a lithium ion battery high nickel cathode material project, and design a comprehensive capacity of 28,800 tons / year . The announcement shows that the main content of the construction is to invest in the construction of two high-nickel cathode material production workshops. The project cycle is about 21 months, and the location is still set at the Changsha base. Compared with the Changsha project of "100,000 tons of lithium electric power battery materials" which started in 2018, the positive electrode materials invested this time are more clear. The main focus is on high nickel positive electrodes (NCM811 and NCA), which no longer cover other ternary models, cobalt acid Lithium, lithium manganate and other materials.
Shanshan Energy has achieved year-on-year growth in revenue for three consecutive years. In 2018, it achieved revenue of 4.668 billion yuan and a net profit of 515 million yuan. Its profitability has increased significantly.
Excellent product and leading capacity
In terms of products, Shanshan Energy's high nickel 811 ternary capacity is as high as 200mAh / g, low residual lithium, and excellent cycle performance. It has successively passed relevant customer certifications and realized volume sales since 2018.
In terms of production capacity, Shanshan Energy currently has a production capacity of 60,000 tons of cathode materials. The 100,000-ton cathode material project in the first phase and the first phase of the 10,000-ton project has been put into trial production at the end of 2018, and a high-nickel 03 workshop with an annual output of 5,000 tons has also been started. It is expected to start production in 2019.
At the same time, Shanshan Energy also launched an annual output of 7,200 tons of high nickel ternary and precursor projects in Shizuishan, Ningxia.
Experienced and clear goals
Judging from the construction conditions of the proposed scheme, this project mainly produces high nickel ternary cathode materials for lithium ion batteries. Shanshan Energy has been committed to the research and development, production and sales of cathode materials for lithium-ion batteries since its establishment. It has many years of experience in the production, technology research and development, operation management of cathode materials.
At the same time, Shanshan Energy has established a professional precursor production plant in the Ningxia base, which can provide a sufficient supply of raw materials for the project. On the whole, the project has clear objectives, clear business models and profit models, and has sufficient implementation feasibility.
Leading technology, energy saving and environmental protection
From the perspective of the process technology plan, the project has a high level of automation of production process technology and production equipment, good product quality, advanced technology and reliability, and various technical and economic indicators are industry-leading levels;
From the perspective of environmental impact, this project fully pays attention to environmental protection, adopts water-saving and energy-saving technological solutions, and adopts comprehensive treatment measures for waste gas, waste water and solid waste. All emissions can reach the standard discharge. Will cause pollution to the environment.
Increase productivity and strengthen position
In recent years, with the country's vigorous development of the new energy vehicle industry, the demand for the lithium ion power battery market has exploded, bringing huge demand for ternary materials. Shanshan Energy has entered the lithium-ion battery ternary material manufacturing industry earlier. It has advantages in its independently developed ternary series products such as NCM523, NCM622, and NCM811. In recent years, the company's ternary materials business has maintained rapid growth. In order to meet the needs of continuous business growth, the company needs to introduce production equipment and increase production lines. At the same time, due to the production-based production model, in order to ensure the timely delivery of important customers' sudden large-scale orders, the company needs to guarantee a certain capacity reserve.