In the first half of this year, under the sweeping tide of replacement, major brands intensively launched mid-to high-end products, and the trend of lithium electrification was further accelerated. At the same time, the overseas demand for two rounds of lithium batteries remained strong, which promoted the increase of enterprise shipments.
the strong market demand drives the track leader to grow rapidly. Recently, as one of the representative companies of lithium batteries for two-wheeled vehicles, Boliwei disclosed a number of announcements, among which the first performance report after its listing and the battery project that cost 3 billion yuan to expand production attracted attention.
according to the disclosure, Boliwei achieved operating income of 1.21 billion yuan in the first half of the year, up by 89.34% year-on-year; The net profit attributable to shareholders of listed companies was 85.478 million yuan, a year-on-year increase of 64.61%; The net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses was 86,466,4 yuan, a year-on-year increase of 68.5%.
as for the realization of double increase in revenue and net profit, the company said that it was mainly due to the strong demand in the downstream market, and the company actively explored the market, and the production and sales volume in both domestic and foreign markets increased significantly compared with the same period of last year.
in terms of business composition, the company's main business income mainly comes from lithium-ion batteries for light vehicles, consumer electronics batteries, energy storage batteries and lithium-ion batteries.
during the reporting period, the company's lithium-ion battery business for light vehicles continued to grow, the consumer battery business continued to develop steadily, and the production scale of lithium battery and energy storage battery business gradually expanded.
It is understood that at present, Boliwei has become a qualified supplier of domestic well-known electric two-wheeled vehicles such as Mavericks Electric, Yadea Holdings, Emma Technology, and Xinri Co., Ltd., and has successfully developed electric off-road motorcycle customers such as Qilong Technology, and has also established stable cooperative relations with well-known foreign electric bicycle customers such as Germany, Romania, Denmark and France.
In addition, Boliwei has established cooperation with a number of battery companies. On August 2th, Boliwei signed a strategic cooperation agreement with Funeng Technology, and the two parties agreed to strive to achieve the goal of purchasing power batteries with a total power of over 3GWh by the end of 225.
in addition, the current light-duty vehicle lithium battery market is at an inflection point, and battery technology innovation, performance improvement and cost reduction are related to the core competitiveness of enterprises in the future.
In terms of research and development, Boliwei said that by the end of the reporting period, the company and its subsidiaries owned 267 patents, including 31 invention patents and 4 software copyrights.
At the same time, through practical exploration, the company has mastered four core technologies, such as intelligent management of battery pack, design of key structural components of battery pack, preparation of high-performance lithium battery energy storage devices and independent design of lithium battery manufacturing equipment and fixture, which has kept the company competitive.
more intuitively, the company's R&D investment in the first half of 221 increased by 82.91% compared with the same period of last year. Mainly due to the increase in the salary of R&D personnel and the direct investment in R&D projects.
At present, Boliwei has 19 research projects, with an estimated total investment of about 118 million. Among them, the research and development of related technologies of lithium batteries account for the majority, including the research and development of different types of batteries such as 1865 batteries and 3413 large cylinders.
It is worth mentioning that Boliwei also has some reserves in solid-state battery technology. In this regard, the company said that the biggest demand for solid-state lithium batteries comes from the automobile industry. In addition, there are certain needs for solid-state lithium batteries in consumer electronics, smart homes and aerospace.
Boliwei's performance in the first half of the year is favorable, which reflects the hot situation of the current two rounds of lithium battery market.
by 22, the total output of electric two-wheeled vehicles in China is 48.34 million, up by about 27.2% year-on-year, and the cumulative social ownership has reached 34 million.
among them, the overall penetration rate of lithium-ion version electric two-wheeled vehicles has exceeded 2%, and the corresponding installed capacity of lithium batteries has exceeded 1GWh. It is estimated that the penetration rate of lithium batteries is expected to reach 5% in 223, and the demand for lithium batteries will increase several times.
on this basis, the development of * * * enjoyment motorcycles and the birth of power exchange mode are expected to continue to catalyze the incremental market. Industry insiders predict that the corresponding market size will exceed 1 billion in the future.
The huge "cake" has set off a new round of market competition, and the giants have started the staking mode one after another. At present, traditional power battery companies such as Contemporary Amperex Technology Co., Limited, BYD, Guoxuan Hi-Tech and Yiwei Lithium Energy have entered the track.
Among them, Contemporary Amperex Technology Co., Limited, as the leader of lithium batteries, is even more "menacing". From this year alone, Contemporary Amperex Technology Co., Limited first joined ATL to invest 14 billion yuan to lay out the domestic energy storage and two-wheeled lithium battery market, and then joined hands with Yadea to promote the two-wheeled battery exchange cooperation project in Zhaoqing.
it is foreseeable that the entry of new forces will definitely stir up the two rounds of lithium battery market structure, and how to seek a breakthrough in the increasingly fierce competition has become the focus of the original leading enterprises.
in the performance report of the first half of the year, Boliwei mentioned that on the one hand, there is still a gap between the company and the leading players in the track industry, and on the other hand, with the traditional lithium battery giants entering the market, the company will face the risk of intensified market competition.
in addition, at present, the company's production capacity can no longer meet the increasing demand of downstream customers, and it is urgent to expand the production capacity by new production lines to achieve a balance between supply and demand.
therefore, in order to further expand the production capacity of lithium batteries and energy storage batteries and enhance the market competitiveness, Boliwei announced again on the same day that the company plans to sign an investment agreement with the people's government of Wangniudun Town, Dongguan City, with a total investment of about RMB 3 billion and an annual output value of not less than RMB 2 million per mu (annual output value of about RMB 2.4 billion).
the project is called the headquarters project of research, development and production of lithium batteries and energy storage batteries in Boliwei, which is invested in two phases and is expected to be completed in 5-6 years.
at the same time, in order to promote the implementation of the project, Boliwei also announced that the company will use the over-raised funds of 139 million yuan and its own funds of 6 million yuan to increase the capital of its subsidiary, Dongguan Kaide, to speed up the construction of the power lithium-ion battery production line.
Boliwei said that with the promotion of production capacity construction, it will further increase the utilization rate of self-produced batteries, reduce the cost of lithium batteries for two-wheeled vehicles, improve the competitiveness of domestic lithium batteries for two-wheeled vehicles, achieve sustained growth in performance and improve the company's market position.