- Portable Power Station
- Lithium Battery Pack
- Solar Energy Storage
- Primary Battery
- Rechargeable Batteries
- Branded Battery
- Dry Battery
- Battery Accessories
Hengdian Tomag 6GWh high-capacity lithium-ion power battery project has not yet started
Hengdian DMC's new energy battery industry achieved sales revenue of 222 million yuan in 2018, a year-on-year increase of 44.44%.
A few days ago, Hengdian DMC (002056) released its 2018 annual report, stating that during the reporting period, the company achieved revenue of 6.489 billion yuan, a year-on-year increase of 3.04%. Net profit was 689 million yuan, a year-on-year increase of 13.27%.
As the largest magnetic material manufacturer in China, Hengdian DMC has entered the field of new energy batteries since 2015 and invested 425 million yuan to build an annual output of 100 million 18650 type high The capacity lithium-ion power battery project has been put into production, with a production capacity of 300,000 units/day.
In 2018, affected by the adjustment of subsidy policies and the intensified market competition, the application proportion of cylindrical batteries in the field of new energy vehicles has declined significantly. The market development and the growth of revenue and net profit have had a great impact.
At the same time, market segments such as electric tools, electric two-wheeled vehicles, garden tools, smart wearables, etc. have shown a blowout growth in demand for ternary cylindrical batteries, and cash transactions , Good prepayments and stable orders have attracted cylindrical battery companies to turn their attention to the above-mentioned fields.
Under this situation, Hengdian DMC has adopted the expansion strategy of advancing side by side in the three major markets of new energy vehicles, electric tools, and electric two-wheelers, with different targeted development and application. The cylindrical battery products in the field have enabled the company’s new energy battery business to achieve growth.
The announcement shows that Hengdian DMC's new energy battery industry achieved sales revenue of 222 million yuan in 2018, a year-on-year increase of 44.44%.
Among them, the production of 18650 cylindrical batteries was 30.8605 million, a year-on-year decrease of 25.19%; the sales of 30.192 million batteries, an increase of 48.97%, were mainly due to the newly developed domestic cylindrical batteries with a large amount of use. client.
In terms of products, Hengdian Tomag’s mass-produced 2600mah/2800mah-18650 power battery has been supplied in batches, and the specific energy of the 2800mah battery is 220-230wh/kg. , The system energy density can reach 150wh/kg.
In 2018, Hengdian DMC cooperated closely with the third-party PACK company Suzhou Anko to realize the mass supply and application of the company’s cylindrical batteries on a variety of new energy passenger vehicles. An important partner of Suzhou Amkor.
On this basis, on November 1, 2018, Hengdian DMC issued an announcement stating that the company and Suzhou Amko Power Co., Ltd. (hereinafter referred to as 'Amko Power') Signed the 'DMEGA-Anko Battery Cooperation Agreement'. The two parties will work to build a cylindrical power battery application platform, jointly promote the development and mass production of cylindrical 32 series battery products, and choose an opportunity to establish a joint venture in Hengdian, Zhejiang based on market development. 2GWh 32135 battery enterprise.
It is worth noting that Hengdian DMEGC planned to build a 6GWh high-capacity lithium-ion power battery project of 3 billion yuan before, but as of December 31, 2018, the investment project Affected by factors such as technical routes, policy changes and market development, it has not yet started.
Obviously, pressures such as subsidy decline, product price decline, and intensified market competition have hindered the development of cylindrical battery companies in the field of new energy vehicles. In 2019, a large number of cylindrical battery companies have improved the performance of their products by improving materials, or abandoning new energy vehicles and moving to market segments such as electric bicycles and power tools. By then, the competitive landscape in the field of cylindrical batteries may be reshaped.