My OperaWho added the concept of body smell in the air garden lithium dance?
Monday, August 30, 2010 6:49:56 AM
Lithium batteries from the smoke and mirrors to drum transfer took
Since June, the concept of A-share market lithium hot. And built into the flight integration [0.00 0.00%], Desai battery [33.56 5.44%], Tongji Science and Technology [8.39 -3.89%] and so a Zhongyao shares.
Buffett's investment in BYD from the beginning in 2009, apple ibook g4 12-inch series battery have become a hot concept A shares of one the most, but During Nishajuxia, it is the goal to become hot money brainer. Great Expectations is the vision of lithium batteries in electric vehicle prospects, the market is currently pursuing the investment target, the vast majority of products are used in traditional areas such as notebook computers, although various companies are beginning preparations underway for the battery, but the core lack of technology makes the development of the battery power is not easy; surrounded them and the non-rational, but also makes lithium bubble began to gather.
Who in this lithium battery rush ahead in the tight encirclement, the market has yet to be tested. However, the concept has apparently been in this drama, through the secondary market, under the first pot of gold digging.
This is the lithium battery concept stocks "sky gardens", is A-share market to carnival.
July 6, 2010, resumption of trading after the CAC integration (002190.SZ), a darling of the rise in its share price from 12 yuan, to 35.86 yuan push all-time high. The leading all this is a paper notice of the company, will build additional 106 million shares of lithium-ion battery project.
Integrated into the flight, even after the five daily limit of five published "Risk Tips", is still difficult to stop hot money turns rush ahead. August 23, in three consecutive trading days the closing price rose 20% deviation from the value after the integration into a flying disc has stopped. Counting from July 6 to 32 days, flying into the integrated gain sweep was 212.10%.
Integrated into the fly is not isolated cases.
Desai battery (000049.SZ) IBM THINKPAD 600 Laptop Battery, also remove the 132.23% gain. Jiang special motor [29.12 6.01%] (002176.SZ) and Tongji Science & Technology (600846.SH), 7 months, respectively, 89.25 percent gain and 79.21 percent. Great wisdom in the whole concept of plate, the lithium plate to 25.57% since July's increase, topped the list.
"The more inchoate stage, the more there will be room for imagination, the greater will be the driving force market speculation." Zhejiang told reporters in a private person.
"There 'Lithium' traveled the world", there are so named brokerage research reports. Villagers live in the lithium battery concept of heaven behind Nishajuxia is an undisputed fact.
Feast in this capital in the core areas as lithium battery cathode material and the diaphragm, a few non-listed companies in China.
"There are thousands of lithium batteries in Shenzhen assembly plant, in fact, some companies now do business is to buy a variety of materials assembled for export." A senior industry person admitted to reporters.
Confusing is that some domestic listed companies, from nothing to do with the industry turned from gorgeous, ambitious lithium chess game, the core technology come from?
At the same time, consulting firm Roland Berger (Roland Berger Strategy Consultants) warned the global auto industry with lithium bubble is forming, "in 2015, the global lithium production car will be the actual demand at least twice. "
The growth of lithium batteries will eventually brutal allegiance to the strong Always the Winner of the law of the jungle, but the trouble has been the capital foregone get out. Time of low tide, will eventually show up naked swimmer.
Lithium ambitious future
June 2010, the Ministry of Finance, Ministry of Science, Industry and Information Technology, National Development and Reform Commission jointly issued "on the purchase of new energy vehicles to carry out subsidies for private pilot's notice" (the "Notice"), established in Shanghai, Changchun, Shenzhen, Hangzhou, Hefei five cities for new energy vehicles started to subsidize a private pilot.
This section of the raging fire of the lithium battery market.
According to the notice, satisfying the conditions to support the new energy vehicles, according to 3000 yuan / kwh subsidies. Plug-in hybrid vehicle the maximum subsidy per 50,000 yuan, the highest of pure electric passenger vehicles per 60,000 yuan subsidy.
"It is only through government subsidies, the cost of the inflection point destroyed. Market big scale and reduce the cost of single products, new energy industry to achieve a virtuous cycle." Cayman capital industry, said Zhang Wei, director of investment.
Prior to this new energy technology vehicles in the path of war, almost win in lithium nickel-metal hydride batteries. Although the official policy adhere to the "Hundred Flowers", but the capital market industry, lithium battery with large capacity, long cycle life, no memory, etc, has become the world's first choice for consumer electronics batteries. The car battery as a power equipment for the industry generally good.
According to Japanese research firm Hiedge expected, electric drive vehicles and fuels by way of electric vehicles in 2020 reached nearly 3.5 million in sales HP PAVILION DV1000 Battery; and IIT is also expected to use lithium batteries in hybrid and electric vehicles will reach more than 2018 2 million in sales volume. The next 10 years, the new rechargeable energy vehicles are expected to average annual growth rate of 50%.
States subsidies car battery is also after another. Such as electric vehicles to consumers in Germany on the implementation of five-year tax holiday, and to provide subsidy of € 3000-5000, Iceland is the national car made in 2012 will all change for the electric vehicle program.
It is under the guidance of the Great Expectations, money market funds Press "Lithium" moving.
August 23, Tongji Science & Technology (600846.SH) shares scratch, three consecutive daily limit to its share price from 7.26 yuan to 9.57 yuan push. CSC Construction of eight-way business department of Wuhan, in money and securities business department and other North Road, Wenling Dong-hui famous hot money are in the business department during Kuaijinkuaichu.
After three consecutive daily limit in listed companies was in the interview to clarify the rumors of lithium investment projects, has nothing to do with the company.
August 26, Tongji Science and Technology [8.39 -3.89%] fell 8.78%, the same day turnover reached 24.68 percent, significant signs of hot money to flee.
The absence of cathode material feast
Behind the market frenzy, but it is A-share listed companies in lithium battery industry chain core areas absent.
Lithium battery industry chain from the cathode material, anode material, electrolyte membrane composed of four parts. Most listed companies focused on the production of cathode materials and electrolyte, while the highest technical difficulties cathode material and divide, few adopted the materials.
Among them, the cathode material costs in the industry chain, the highest proportion, about one-third of the total cost of lithium batteries. Is also part of the highest gross margin.
Classification in the cathode material, the current technology the most mature and widely used, is the most successful commercial lithium cobalt oxide, while the national R & D focus is battery cathode materials, including the three elements (nickel, cobalt and manganese lithium) , lithium manganese oxide and lithium iron phosphate.
Xiangcai Securities said in its report, is now considered the direction of development of lithium iron phosphate cathode material of technical barriers to its high quality products to more than 50% gross profit margin is much higher than the lithium cobalt 15 % and 25% of lithium manganese oxide.
Domestic listed companies, the manufacturer of lithium cobalt oxide to be when the technology [56.96 0.28%] (300073.SZ) and Shanshangufen [19.58 -1.21%] (600884.SH)'s Hunan Shanshan, and the principal of lithium cobalt oxide used in notebook computers, mobile phones and other digital products, and automotive lighting market, imagination power battery, lithium cobalt oxide is difficult to apply them.
Among them, Shanshangufen cathode material production capacity of the existing 6,000 tons, the main production platform for its subsidiary Hunan Shanshan, its main product remains of lithium cobalt oxide.
Shanshangufen 2009 annual report, Hunan Shanshan operating income for the year to achieve 414 million yuan, net profit of 23.06 million yuan.
With similar situations, it is when l technology. When the rise of technology capacity of 3900 tons cathode material, but 95% of the product is lithium cobalt oxide cathode materials.
The GEM, when the rise in total capital raised 720 million yuan technology, ultra-raise 480 million yuan. Used to raise funds, the company invested in Haimen, Jiangsu produce 3900 tons lithium battery cathode material production base project, which the new capacity was 1750 tons of lithium cobalt oxide, multiple materials, 1550 tons, 600 tons of lithium manganese oxide.
China and Thailand United Securities, said in its report, poor security and high costs, limited the power of lithium cobalt oxide dell inspiron 1200 laptop battery in the field of large-scale application.
When l Expanding of Technology on behalf of the Securities Services, told reporters that the company raise the current cast of lithium cobalt project, still in the engineering design phase, expected to be put into operation the first quarter of next year.
He also said lithium cobalt oxide as cathode material, can only be used for small lithium batteries, "with less than a power car, the main issue is safety."
For the most promising battery components, lithium iron phosphate cathode material, current research and development which are in various stages of listed companies.
Fosugufen [15.37 -0.52%] simple test membrane
Lack of domestic A-share listed companies, another aspect is the diaphragm.
According to the National Yuan Securities [12.40 -0.16%] of the research report "divide manufacturing profitable to polypropylene, for example, raw material cost is only 8,000 yuan / ton, while the processed membrane, the price of up to 300 yuan / ton."
However, Yuan Securities, said the country is currently the world's only Japan, the United States and few countries have lithium-ion battery production technology and polymer membranes corresponding 规模-industrial.
Wearing the ring, including Fosugufen (000973.SZ), Cangzhou Pearl [19.42 -0.05%] (002108.SZ), a large South East [8.66 -1.59%] (002263.SZ), before the two companies more is called the recent monster. Fosugufen in July rose to 28.96 percent since, Cangzhou Mingzhu gain since June as high as 54.21%.
As early as October 21, 2009, Fosugufen release announcement, said production on its new energy battery separator business Foshan Jin Hui Hi-Tech Optoelectronic Materials Co., Ltd. (hereinafter referred to as "Jinhui Company") replenishment of 2,886,800 U.S. dollars, from Fosugufen Lithium increases body concept, even after a wash in 2010, had little concern about the FUJITSU FPCBP80 Laptop Battery of institutions to attract, including Social Security Fund, China, Department funds have entered.
Fosugufen's BYD, a joint venture with Jin Hui company is mainly engaged in the production of lithium battery separator, in 2005 and 2006, production gradually out of the loss, in 2007 net profit 19.77 million yuan, net profit of 34.36 million yuan in 2008, 2009 net profit of 38.39 million yuan.
The company plans to increase and expansion Jinhui Li-ion battery separator project, total investment 105 million yuan, the shareholders of 7,129,600 U.S. dollars of new investments, of which 2.8868 million U.S. dollars of new investments Fosugufen; BYD (HK) CO., LIMITED (ratio Jady Hong Kong Limited) 2.362 million U.S. dollars of new investments; Jinhui management and core technical staff funded company set up in Foshan kinkora Investment Limited (hereinafter referred to as "kinkora Company"), new investments 1,880,800 U.S. dollars .
Jinhui company has more than 012 million square meters battery separator production capacity, currently the main products are electronic products battery separator, the car uses very little battery power, including sales to BYD's membrane, is mainly used in mobile phones use lithium batteries.
Another concept of lithium membrane Cangzhou Mingzhu listed companies, the company recently also said that the development of the lithium battery separator sample performance, "not yet reached the level of lithium in the low-end use."
From 2009 to the present, Cangzhou Mingzhu shares rose to 5.28 yuan at one time by a record 22.29 yuan in early 2010 (the right to do complex processing), and from June this year, since a stock price upside, once again approaching the historic highs.
Fight in the electrolyte
Compared to listed companies in cathode material and divide the scratch the surface and the electrolyte is an independent warlords and from the market, but the fight in already started.
"Electrolyte is mainly used for debugging lithium hexafluorophosphate, lithium hexafluorophosphate almost all imported from abroad, simple production of the electrolyte, not high tech." Developed a lithium battery industry veteran told reporters.
Domestic listed companies, major manufacturers, including Jiangsu Guotai electrolyte [30.82 1.38%] (002091.SZ), Fluoride [49.66 2.01%] (002407.SZ).
Jiangsu Guotai early as 2002, a subsidiary of Cathay Pacific by Huarong involved in electrolyte production, its production capacity from 200 tons the first expansion to the current 2000 tons, second only to Japan, Ube, and Samsung's world's third largest electrolyte lithium battery manufacturers. Securities under the East China Sea study, the electrolyte product Dell INSPIRON 9200 Battery margin, there are as many as 40%.
But as a technical threshold lower part of the electrolyte project blossom everywhere.
Currently, Cathay Pacific Huarong will extend the capacity of 5,000 tons, while the present capacity of 1,200 tons of new electrolyte Zhou state [45.00 1.42%] (300037.SZ), the IPO raise annual output of 2400 tons of electrolyte investment project, expected to be 2011, while the ultra raise funds is 5,000 tons will be built into the annual production capacity is expected to be commissioned in 2012.
In addition, the Shanshangufen [19.58 -1.21%]'s Dongguan Shanshan, the electrolyte will reach an annual production capacity of 3,000 tons, while Huafang Textile [15.00 2.81%] also claimed that its design capacity of lithium iron phosphate electrolyte 5,000 tons. Also there is no listed company in Tianjin, a Taurus, its capacity will reach 5,000 tons per year.
But can not be ignored is that the production of core products for the electrolyte lithium hexafluorophosphate, in addition to Tianjin Taurus, the country imports nearly all companies.
According to BOC International's research report, lithium hexafluorophosphate raw material costs about 50,000 yuan / ton, the production cost of about 100,000 yuan / ton, the current price of up to 350,000 yuan / ton (including tax), gross margin as high as 67%.
Domestic listed companies have begun to occupy the market.
Fluoride use to raise funds invested by 200 tons of lithium hexafluorophosphate ongoing installation project, expected to begin production within. The sub-source in Jiangsu Guotai's high-tech, the 300 tons of lithium hexafluorophosphate pilot project will also enter the ibm 02k6699 laptop battery.
Since June, the concept of A-share market lithium hot. And built into the flight integration [0.00 0.00%], Desai battery [33.56 5.44%], Tongji Science and Technology [8.39 -3.89%] and so a Zhongyao shares.
Buffett's investment in BYD from the beginning in 2009, apple ibook g4 12-inch series battery have become a hot concept A shares of one the most, but During Nishajuxia, it is the goal to become hot money brainer. Great Expectations is the vision of lithium batteries in electric vehicle prospects, the market is currently pursuing the investment target, the vast majority of products are used in traditional areas such as notebook computers, although various companies are beginning preparations underway for the battery, but the core lack of technology makes the development of the battery power is not easy; surrounded them and the non-rational, but also makes lithium bubble began to gather.
Who in this lithium battery rush ahead in the tight encirclement, the market has yet to be tested. However, the concept has apparently been in this drama, through the secondary market, under the first pot of gold digging.
This is the lithium battery concept stocks "sky gardens", is A-share market to carnival.
July 6, 2010, resumption of trading after the CAC integration (002190.SZ), a darling of the rise in its share price from 12 yuan, to 35.86 yuan push all-time high. The leading all this is a paper notice of the company, will build additional 106 million shares of lithium-ion battery project.
Integrated into the flight, even after the five daily limit of five published "Risk Tips", is still difficult to stop hot money turns rush ahead. August 23, in three consecutive trading days the closing price rose 20% deviation from the value after the integration into a flying disc has stopped. Counting from July 6 to 32 days, flying into the integrated gain sweep was 212.10%.
Integrated into the fly is not isolated cases.
Desai battery (000049.SZ) IBM THINKPAD 600 Laptop Battery, also remove the 132.23% gain. Jiang special motor [29.12 6.01%] (002176.SZ) and Tongji Science & Technology (600846.SH), 7 months, respectively, 89.25 percent gain and 79.21 percent. Great wisdom in the whole concept of plate, the lithium plate to 25.57% since July's increase, topped the list.
"The more inchoate stage, the more there will be room for imagination, the greater will be the driving force market speculation." Zhejiang told reporters in a private person.
"There 'Lithium' traveled the world", there are so named brokerage research reports. Villagers live in the lithium battery concept of heaven behind Nishajuxia is an undisputed fact.
Feast in this capital in the core areas as lithium battery cathode material and the diaphragm, a few non-listed companies in China.
"There are thousands of lithium batteries in Shenzhen assembly plant, in fact, some companies now do business is to buy a variety of materials assembled for export." A senior industry person admitted to reporters.
Confusing is that some domestic listed companies, from nothing to do with the industry turned from gorgeous, ambitious lithium chess game, the core technology come from?
At the same time, consulting firm Roland Berger (Roland Berger Strategy Consultants) warned the global auto industry with lithium bubble is forming, "in 2015, the global lithium production car will be the actual demand at least twice. "
The growth of lithium batteries will eventually brutal allegiance to the strong Always the Winner of the law of the jungle, but the trouble has been the capital foregone get out. Time of low tide, will eventually show up naked swimmer.
Lithium ambitious future
June 2010, the Ministry of Finance, Ministry of Science, Industry and Information Technology, National Development and Reform Commission jointly issued "on the purchase of new energy vehicles to carry out subsidies for private pilot's notice" (the "Notice"), established in Shanghai, Changchun, Shenzhen, Hangzhou, Hefei five cities for new energy vehicles started to subsidize a private pilot.
This section of the raging fire of the lithium battery market.
According to the notice, satisfying the conditions to support the new energy vehicles, according to 3000 yuan / kwh subsidies. Plug-in hybrid vehicle the maximum subsidy per 50,000 yuan, the highest of pure electric passenger vehicles per 60,000 yuan subsidy.
"It is only through government subsidies, the cost of the inflection point destroyed. Market big scale and reduce the cost of single products, new energy industry to achieve a virtuous cycle." Cayman capital industry, said Zhang Wei, director of investment.
Prior to this new energy technology vehicles in the path of war, almost win in lithium nickel-metal hydride batteries. Although the official policy adhere to the "Hundred Flowers", but the capital market industry, lithium battery with large capacity, long cycle life, no memory, etc, has become the world's first choice for consumer electronics batteries. The car battery as a power equipment for the industry generally good.
According to Japanese research firm Hiedge expected, electric drive vehicles and fuels by way of electric vehicles in 2020 reached nearly 3.5 million in sales HP PAVILION DV1000 Battery; and IIT is also expected to use lithium batteries in hybrid and electric vehicles will reach more than 2018 2 million in sales volume. The next 10 years, the new rechargeable energy vehicles are expected to average annual growth rate of 50%.
States subsidies car battery is also after another. Such as electric vehicles to consumers in Germany on the implementation of five-year tax holiday, and to provide subsidy of € 3000-5000, Iceland is the national car made in 2012 will all change for the electric vehicle program.
It is under the guidance of the Great Expectations, money market funds Press "Lithium" moving.
August 23, Tongji Science & Technology (600846.SH) shares scratch, three consecutive daily limit to its share price from 7.26 yuan to 9.57 yuan push. CSC Construction of eight-way business department of Wuhan, in money and securities business department and other North Road, Wenling Dong-hui famous hot money are in the business department during Kuaijinkuaichu.
After three consecutive daily limit in listed companies was in the interview to clarify the rumors of lithium investment projects, has nothing to do with the company.
August 26, Tongji Science and Technology [8.39 -3.89%] fell 8.78%, the same day turnover reached 24.68 percent, significant signs of hot money to flee.
The absence of cathode material feast
Behind the market frenzy, but it is A-share listed companies in lithium battery industry chain core areas absent.
Lithium battery industry chain from the cathode material, anode material, electrolyte membrane composed of four parts. Most listed companies focused on the production of cathode materials and electrolyte, while the highest technical difficulties cathode material and divide, few adopted the materials.
Among them, the cathode material costs in the industry chain, the highest proportion, about one-third of the total cost of lithium batteries. Is also part of the highest gross margin.
Classification in the cathode material, the current technology the most mature and widely used, is the most successful commercial lithium cobalt oxide, while the national R & D focus is battery cathode materials, including the three elements (nickel, cobalt and manganese lithium) , lithium manganese oxide and lithium iron phosphate.
Xiangcai Securities said in its report, is now considered the direction of development of lithium iron phosphate cathode material of technical barriers to its high quality products to more than 50% gross profit margin is much higher than the lithium cobalt 15 % and 25% of lithium manganese oxide.
Domestic listed companies, the manufacturer of lithium cobalt oxide to be when the technology [56.96 0.28%] (300073.SZ) and Shanshangufen [19.58 -1.21%] (600884.SH)'s Hunan Shanshan, and the principal of lithium cobalt oxide used in notebook computers, mobile phones and other digital products, and automotive lighting market, imagination power battery, lithium cobalt oxide is difficult to apply them.
Among them, Shanshangufen cathode material production capacity of the existing 6,000 tons, the main production platform for its subsidiary Hunan Shanshan, its main product remains of lithium cobalt oxide.
Shanshangufen 2009 annual report, Hunan Shanshan operating income for the year to achieve 414 million yuan, net profit of 23.06 million yuan.
With similar situations, it is when l technology. When the rise of technology capacity of 3900 tons cathode material, but 95% of the product is lithium cobalt oxide cathode materials.
The GEM, when the rise in total capital raised 720 million yuan technology, ultra-raise 480 million yuan. Used to raise funds, the company invested in Haimen, Jiangsu produce 3900 tons lithium battery cathode material production base project, which the new capacity was 1750 tons of lithium cobalt oxide, multiple materials, 1550 tons, 600 tons of lithium manganese oxide.
China and Thailand United Securities, said in its report, poor security and high costs, limited the power of lithium cobalt oxide dell inspiron 1200 laptop battery in the field of large-scale application.
When l Expanding of Technology on behalf of the Securities Services, told reporters that the company raise the current cast of lithium cobalt project, still in the engineering design phase, expected to be put into operation the first quarter of next year.
He also said lithium cobalt oxide as cathode material, can only be used for small lithium batteries, "with less than a power car, the main issue is safety."
For the most promising battery components, lithium iron phosphate cathode material, current research and development which are in various stages of listed companies.
Fosugufen [15.37 -0.52%] simple test membrane
Lack of domestic A-share listed companies, another aspect is the diaphragm.
According to the National Yuan Securities [12.40 -0.16%] of the research report "divide manufacturing profitable to polypropylene, for example, raw material cost is only 8,000 yuan / ton, while the processed membrane, the price of up to 300 yuan / ton."
However, Yuan Securities, said the country is currently the world's only Japan, the United States and few countries have lithium-ion battery production technology and polymer membranes corresponding 规模-industrial.
Wearing the ring, including Fosugufen (000973.SZ), Cangzhou Pearl [19.42 -0.05%] (002108.SZ), a large South East [8.66 -1.59%] (002263.SZ), before the two companies more is called the recent monster. Fosugufen in July rose to 28.96 percent since, Cangzhou Mingzhu gain since June as high as 54.21%.
As early as October 21, 2009, Fosugufen release announcement, said production on its new energy battery separator business Foshan Jin Hui Hi-Tech Optoelectronic Materials Co., Ltd. (hereinafter referred to as "Jinhui Company") replenishment of 2,886,800 U.S. dollars, from Fosugufen Lithium increases body concept, even after a wash in 2010, had little concern about the FUJITSU FPCBP80 Laptop Battery of institutions to attract, including Social Security Fund, China, Department funds have entered.
Fosugufen's BYD, a joint venture with Jin Hui company is mainly engaged in the production of lithium battery separator, in 2005 and 2006, production gradually out of the loss, in 2007 net profit 19.77 million yuan, net profit of 34.36 million yuan in 2008, 2009 net profit of 38.39 million yuan.
The company plans to increase and expansion Jinhui Li-ion battery separator project, total investment 105 million yuan, the shareholders of 7,129,600 U.S. dollars of new investments, of which 2.8868 million U.S. dollars of new investments Fosugufen; BYD (HK) CO., LIMITED (ratio Jady Hong Kong Limited) 2.362 million U.S. dollars of new investments; Jinhui management and core technical staff funded company set up in Foshan kinkora Investment Limited (hereinafter referred to as "kinkora Company"), new investments 1,880,800 U.S. dollars .
Jinhui company has more than 012 million square meters battery separator production capacity, currently the main products are electronic products battery separator, the car uses very little battery power, including sales to BYD's membrane, is mainly used in mobile phones use lithium batteries.
Another concept of lithium membrane Cangzhou Mingzhu listed companies, the company recently also said that the development of the lithium battery separator sample performance, "not yet reached the level of lithium in the low-end use."
From 2009 to the present, Cangzhou Mingzhu shares rose to 5.28 yuan at one time by a record 22.29 yuan in early 2010 (the right to do complex processing), and from June this year, since a stock price upside, once again approaching the historic highs.
Fight in the electrolyte
Compared to listed companies in cathode material and divide the scratch the surface and the electrolyte is an independent warlords and from the market, but the fight in already started.
"Electrolyte is mainly used for debugging lithium hexafluorophosphate, lithium hexafluorophosphate almost all imported from abroad, simple production of the electrolyte, not high tech." Developed a lithium battery industry veteran told reporters.
Domestic listed companies, major manufacturers, including Jiangsu Guotai electrolyte [30.82 1.38%] (002091.SZ), Fluoride [49.66 2.01%] (002407.SZ).
Jiangsu Guotai early as 2002, a subsidiary of Cathay Pacific by Huarong involved in electrolyte production, its production capacity from 200 tons the first expansion to the current 2000 tons, second only to Japan, Ube, and Samsung's world's third largest electrolyte lithium battery manufacturers. Securities under the East China Sea study, the electrolyte product Dell INSPIRON 9200 Battery margin, there are as many as 40%.
But as a technical threshold lower part of the electrolyte project blossom everywhere.
Currently, Cathay Pacific Huarong will extend the capacity of 5,000 tons, while the present capacity of 1,200 tons of new electrolyte Zhou state [45.00 1.42%] (300037.SZ), the IPO raise annual output of 2400 tons of electrolyte investment project, expected to be 2011, while the ultra raise funds is 5,000 tons will be built into the annual production capacity is expected to be commissioned in 2012.
In addition, the Shanshangufen [19.58 -1.21%]'s Dongguan Shanshan, the electrolyte will reach an annual production capacity of 3,000 tons, while Huafang Textile [15.00 2.81%] also claimed that its design capacity of lithium iron phosphate electrolyte 5,000 tons. Also there is no listed company in Tianjin, a Taurus, its capacity will reach 5,000 tons per year.
But can not be ignored is that the production of core products for the electrolyte lithium hexafluorophosphate, in addition to Tianjin Taurus, the country imports nearly all companies.
According to BOC International's research report, lithium hexafluorophosphate raw material costs about 50,000 yuan / ton, the production cost of about 100,000 yuan / ton, the current price of up to 350,000 yuan / ton (including tax), gross margin as high as 67%.
Domestic listed companies have begun to occupy the market.
Fluoride use to raise funds invested by 200 tons of lithium hexafluorophosphate ongoing installation project, expected to begin production within. The sub-source in Jiangsu Guotai's high-tech, the 300 tons of lithium hexafluorophosphate pilot project will also enter the ibm 02k6699 laptop battery.
