Ningde times has made new progress in building a factory in the United States< Br > < div class = "height" > < / div > recently, Bloomberg News quoted informed sources as saying that Ningde Times New Energy Technology Co., Ltd. (hereinafter referred to as “Ningde times”, 300750. SZ) has entered an advanced stage in the negotiation of plant site selection and incentive measures in North America. The company originally planned to announce the results in the next few weeks, but now considering various factors, it has decided to announce the news in September or October< img alt="" style="width:600px;" src=" "> < br > < div class =" contheight "> < / div > as of the time of this article, Ningde times has not responded to the journalists’ confirmation. < br > < div class =" contheight "> < / div > on August 8, as of the closing of a shares, Ningde times stock price closed at 501.5 yuan, down 0.82% from the previous trading day, and the current market value is 1223.9 billion yuan. < br > < div class =" contheight " "> < / div > last month, according to Bloomberg News Agency, Ningde times will invest US $5 billion to build a plant in North America. After completion, the plant will produce nickel manganese cobalt ternary lithium battery and lithium iron phosphate battery, mainly supplying Tesla and Ford. The site of the plant is considered to be Ciudad Juarez in Chihuahua state and Saltillo in Coahuila state Yes, both are close to the Texas border. Kentucky in the United States is also within the scope of its site selection< Br > < div class = "height" > < / div > last September, Ford announced that it planned to build two large-scale production bases in Tennessee and Kentucky to focus on the production of electric vehicles and lithium-ion batteries. On December 1 last year, Tesla moved its headquarters to its super factory in Texas. Just last year, Tesla became the largest customer of Ningde times, with a purchase amount of 13 billion yuan, accounting for about 10% of the total operating income of Ningde times in that year< Br > < div class = "height" > < / div > the above insider also said that Ningde times is considering whether to register a company in North America while building a factory to avoid the potential impact of the policy< Br > < div class = "height" > < / div > it is understood that Democratic senators Chuck Schumer and Joe Manchin are recently pushing for the passage of a legislative bill, which requires us electric vehicle manufacturers to purchase batteries or process battery materials from countries with free trade agreements with the United States before they can enjoy the purchase subsidies< Br > < div class = "height" > < / div > before this, there have been many rumors about Ningde times building a factory in North America, but Ningde times has never responded positively. At the 2021 annual performance presentation meeting, Zeng Yuqun, chairman of Ningde times, said that the company had more interaction with American customers, including both new forces of automobile manufacturing and traditional automobile enterprises. The two sides jointly discussed various possible supply and cooperation schemes and the possibility of localized production, but the specific situation needs to consider the impact of factors such as worker training, efficiency and labor union on costs< Br > < div class = "height" > < / div > however, Ningde times also said that if the overseas market environment or relevant policy factors have adverse changes, or the company’s capacity construction cannot meet the needs of overseas customers in a timely manner, and the company’s overseas market development is not as expected, the company’s business performance will be adversely affected. “< Br > < div class = "height" > < / div > it is understood that Ningde times has ten production bases in the world, and only one in Thuringia, Germany. The plant started construction on October 18, 2019, with a planned capacity of 14gwh. At present, the factory has obtained the production license of 8gwh cells, and the first batch of cells will be offline before the end of 2022< Br > < div class = "height" > < / div > according to industry analysis, among the top ten production bases in Ningde era, the cost of German factories is the highest. At present, the planned total investment of the plant is 1.8 billion euros, and the investment of GWH alone will reach 129 million euros. In contrast, the total planned capacity of the nine domestic bases of Ningde times is about 500 GWH. According to the rough calculation of the investment amount and capacity planning, the current investment amount of Ningde times in domestic single GWH is about 300 million yuan to 400 million yuan, far lower than that of German factories< Br > < div class = "height" > < / div > however, the overseas market still has great attraction for Ningde era. According to the data of the European Association of automobile manufacturers, in 2021, the number of new energy passenger vehicles registered in 30 European countries reached 2.263 million, with a year-on-year increase of 65.7%, and the electrification rate increased from 11.5% in 2020 to 19.2%. According to the data of the American automobile innovation alliance, in 2021, the sales volume of new energy light vehicles in the United States reached 716000, with a year-on-year increase of 124.6%, and the electrification rate increased from 2.2% in 2020 to 4.8%< Br > < div class = "height" > < / div > in terms of Ningde era’s own business, the proportion of overseas markets has also increased year by year. According to the company’s annual report, in 2019, the overseas revenue only accounted for 4.37% of the total revenue, and rapidly increased to 15.71% in 2020. In 2021, the company’s revenue of 27.87 billion yuan came from overseas, accounting for 21.38% of the total operating revenue, with a year-on-year increase of 252.47%, far exceeding the year-on-year growth rate of 141.64% of the domestic revenue in that year. In terms of gross profit rate, overseas has obvious advantages. In 2021, the company’s domestic gross profit rate was 25.14%, while the overseas gross profit rate reached 30.48%. < br > < div class = "height" > < / div > at the company research meeting at the beginning of this year, Ningde Times said, “in the future, the company plans to strengthen the overseas base layout and improve the system construction including overseas staff training.”< Br > < div class = "height" > < / div > it is understood that the European production and R & D base project of Ningde times with a total investment of 1.8 billion euros (about 12.4 billion yuan) is currently under construction, with a total investment of 3.94 billion yuan. In April this year, Procter & Touche, a subsidiary of Guangdong Bangpu, a holding subsidiary of Ningde times, signed a tripartite agreement with antam and IBI, Indonesian state-owned enterprises, to jointly build a power battery industry chain project including nickel ore mining and smelting, battery materials, battery manufacturing and battery recycling, with a total investment of about US $5.968 billion.