Guoxuan Hi-Tech ranked third in power battery installed capacity in 2019, second only to Ningde Times and BYD.
The public is trapped by the pressure of double integration, or continue to explore the possibility of cooperation with Chinese battery manufacturers.
On April 22, Guoxuan Hi-Tech (SZ002074) issued an announcement saying that the board of directors had not received the previously reported Volkswagen acquisition proposal. The company has discussed with Volkswagen on possible technologies, products, capital, etc., but has not reached a consensus on specific forms of cooperation, and there is no violation of information disclosure.
At this point, whether the Volkswagen Group will enter the Chinese battery in the future, and the mystery of the first Chinese battery manufacturer held will continue to have suspense.
On April 21, a number of media reported that the Volkswagen Group will issue partial shares by agreement to issue up to 30% of shares and an agreement to transfer part of the shares to become the largest shareholder of battery manufacturer Guoxuan Hi-Tech. That night, the management department of the small and medium-sized board company sent a letter to Guoxuan Hi-tech on this matter, asking Guoxuan Hi-tech to verify whether the content of the report is true, and early companies and Volkswagen may develop product technologies Explain strategic cooperation and other content, and explain whether the company is planning a private placement or other refinancing matters.
Today, Guoxuan High-Tech also issued an announcement in response, saying that it has not reached a binding agreement, commitment and other arrangements with the Volkswagen Group on the specific form of cooperation. .
Guoxuan Hi-Tech is a lithium battery manufacturing company. The main products are lithium iron phosphate materials and batteries, ternary batteries, etc. The products are mainly used in the field of new energy vehicles such as pure electric commercial vehicles, passenger vehicles and hybrid vehicles. , With three models of square, cylindrical and soft package.
According to the statistics of the “New Energy Vehicle Industry Chain Database” released by the GGII of the Institute of Industrial Technology, the total production of new energy vehicles in 2019 was about 1.177 million units, a year-on-year decrease of 4%, and the total installed capacity of power batteries reached 62.38GWh , An increase of 9% year-on-year. Guoxuan Hi-Tech ranked third in the installed capacity of power batteries in 2019, with an installed capacity of 3.22GWh, second only to the Ningde era and BYD. In 2019, the company’s customers include JAC, Chery, BAIC New Energy, etc.
Guoxuan High-tech signed the “Guoxuan Liuzhou Annual Output of 10GWh Power Battery Production Base Project Investment Proposal” in Liuzhou on January 19, planning to build a new 5GWh lithium electronic power battery capacity in the first phase and an additional 5GWh capacity in the second phase.
In order to continuously expand its battery supply system, the Volkswagen Group reported in February that it intends to acquire shares or establish a joint venture with a Chinese battery company.
Previously, according to Tram Remittance News , Volkswagen Group executives said that the company may not be able to realize China The auto market’s 2020 fuel consumption target may require the purchase of emission credits from other auto manufacturers. And Volkswagen said that although the company expects sales of plug-in hybrid vehicles to more than double by 2020, it still cannot meet demand.
Calculation method of double points for different models; Source: Ministry of Industry and Information Technology, sorting (as of April 22)
According to the “Annual Fuel Consumption of Passenger Car Companies and New Energy Vehicle Credits for 2019” released by the Ministry of Industry and Information Technology, among domestic passenger car companies, BYD harvested The positive points are up to 478,600 points, and among the companies with negative points, FAW Volkswagen and SAIC Volkswagen are in the top two, with 145,300 points and -96,700 points respectively.
New energy car batteries have always had their own advantages and disadvantages in the choice of ternary batteries and lithium iron phosphate. After the Ningde era received a large number of Tesla orders and BYD’s “super lithium iron phosphate battery” blade battery market, the future of new energy car battery answers will continue to have suspense.