On November 27, Shanshan Energy issued an announcement saying that it will officially issue 8,268,800 shares on the New Third Board on November 30, all of which are tradable shares with restricted sales conditions, and raised 2 billion yuan. The funds raised this time will be used to supplement operating liquidity, return shareholders' loans and bank loans.
The number of shares issued this time was 82.678 million shares, the issue price was 24.19 yuan per share, 2 billion yuan of funds were raised, and two objects were issued, of which Guangzhou Zhourongyan Equity Investment Management Partnership (Limited Partnership) subscribed for 1 billion yuan; Czech Investment Co., Ltd. subscribed for 1 billion yuan.
Shanshan Energy's main business is the research and development, production and sales of lithium battery electrode materials. The current main products are lithium battery cathode materials lithium cobaltate and nickel-cobalt-manganese ternary materials, which are mainly used in mobile device energy storage batteries and automotive power batteries. Production.
On October 24, Shanshan Energy announced that Shanshan Energy (Ningxia) Co., Ltd., a wholly-owned subsidiary of the company, plans to invest in the development, production, and sales of lithium battery cathode materials in the Shizuishan National High-tech Zone in the Ningxia Hui Autonomous Region. The design has a comprehensive capacity of 10,000 tons / year, and the total investment in civil construction and fixed assets is about 209 million yuan. The source of funds is self-financing by Shanshan Energy (Ningxia) Co., Ltd., and the total construction period is about 13 months.
Shanshan Energy stated that the investment was planned and implemented in accordance with the company's future strategic planning. With the rapid development of the new energy power vehicle market, the energy density requirements for lithium batteries continue to increase, and the market demand for ternary materials has always maintained a growing trend.
It is worth noting that the first phase of Shanshan Energy's "100,000 tons of lithium electric power battery material Changsha Base" project has been put into operation and the countdown has begun.
The Dachangsha base mainly produces cathode materials for power batteries, and the production capacity is expected to reach 100,000 tons after completion. In 2030, the global new energy passenger vehicle is expected to have a scale of 10 million units. With an average mileage of 500KM per vehicle, each vehicle needs about 5KG of cobalt. The capacity of the Dachangsha base can meet the demand of 800,000 new energy vehicles. After the project is completed, it will become the largest cathode material base in the world.
The high-nickel series battery positive electrode material has greatly increased the mileage of new energy vehicles with its high energy density. It is gradually becoming the mainstream of the new energy vehicle market and the market demand is strong. This project produces 811 high nickel (NCM, Ni> 80%) cathode material products, with a specific capacity ≥200mAh / g and a cycle life ≥2000 times, which meets the national strategy for power batteries to reach 300Wh / kg energy density by 2020 Demand, the product has absolute advantages in terms of energy density, cycle performance and safety performance, and can ensure the consistency, stability and reliability of the material. It is a high-end scientific and technological achievement with independent intellectual property rights and will become a new point of performance growth. Industrial structure adjustment and transformation and upgrading.
It is understood that Shanshan Energy Dachangsha Base signed a contract in January 2018, and started mobilization on February 3, and on August 24, the first plant was completed and the equipment entered the plant for installation, and commissioned on November 30, and the second plant was completed.
The total investment of Shanshan Energy Dachangsha Base is 20 billion yuan. The total land area of the project is about 1,200 mu, of which the land for the first phase is about 219 mu. The main building is a research institute building and a lithium ion battery anode material production line. Industrial project.
Shanshan Energy stated that it will continue to increase research and development investment and capacity expansion, further strengthen its leading advantage in lithium battery cathode materials, enlarge and strengthen the new energy energy storage industry, and continue to make greater contributions to China's economic and social development.