By the end of 2021, the total output of azure lithium-cell batteries will reach 700 million

A few days ago, the Blue Lithium Cell said in an investigation by an investor institution that the company's current annual output of batteries is nearly 400 million, and the production line is in full production. The new production of the second phase of the Zhangjiagang plant is about 300 million. After it is put into production at the end of the year, the total will reach about 700 million. The Huai'an plant with a target of 600 million units in the first phase will be put into production gradually by the end of next year. According to the understanding of battery my country, the lithium-ion battery products of the blue lithium core are ternary cylindrical lithium-ion batteries, which are mainly used in the field of power tools. Currently, they have stable cooperation with international well-known brand tool manufacturers such as MAKITA, BOSCH, StanleyBlacku0026Decker, TTI, etc., and are domestic high-end An important supplier of tool lithium-ion batteries. Huaan Securities analyzes that Europe and the United States are currently the main force in the global power tool consumer market, and the global market is expected to reach 41.7 billion U.S. dollars in 2024. The transfer of business scope of overseas battery factories provides a good opportunity for domestic companies to expand overseas markets. It is estimated that by 2025, domestic power tool battery shipments will reach 11GWh, with a compound annual growth rate of more than 20%. According to the announcement announced by Weilan Lithium, the company achieved operating income of 1.463 billion yuan in the first quarter of 2021, an increase of 115.25% year-on-year; the net profit attributable to shareholders of listed companies was 160 million yuan, an increase of 1508.53% year-on-year. The lithium-ion battery business continued its good condition in the fourth quarter of 2020, achieving operating income of approximately 533 million yuan and net profit of approximately 118 million yuan, constituting the company's largest source of profit. In March of this year, Blue Lithium announced a notice that the company intends to invest in the industrialization of lithium-ion batteries in Huai'an and build a high-efficiency new-type lithium-ion battery industrialization project. The total investment of the project is planned to be 5 billion yuan and a new 4 billion Ah cylindrical lithium-ion battery industry化 item. The project is planned to be constructed in two phases, with an investment of 2.35 billion yuan in the first phase. With the gradual commissioning of new projects in the future, with the support of new production, the blue lithium core will also break through the existing power tool field, actively face the research and development and market expansion of new application industries, move towards a broader market field, and gradually realize the company's power Tool industry segmentation, high-efficiency power application fields, and a strategic breakthrough to a leading company in the high-performance cylindrical power lithium battery industry will support the company's continued rapid development of the company's lithium-ion battery business in the future.