In 2021, the phenomenon of prepayment and lock-in in the battery new energy industry chain will be obvious. In terms of lithium battery materials, in May, Ningde Times paid 675 million yuan in advance to buy Tianci Materials Lithium Hexafluorophosphate; in December, Ningde Times planned to pay 350 million yuan in advance for the production capacity of Shandong Liyuan.
In terms of power batteries, in December, Funeng Technology received an advance payment of about 1.05 billion from Mercedes-Benz; in the same month, Guoxuan Hi-Tech received a phased advance payment from a large listed car company in the United States to support the construction of a local factory in the United States.
Heading into 2022, this trend continues.
On the evening of January 19, Enjie (002812) announced that the company's holding subsidiary Shanghai Enjie New Material Technology Co., Ltd. ("Shanghai Enjie") and China Innovation Aviation Technology Co., Ltd. ) Signed the "2022 Supply Guarantee Framework Agreement" in Shanghai. In order to ensure the stable supply of China Innovation Airlines and Shanghai Enjie, China Innovation Airlines promised to purchase from Shanghai Enjie in 2022, and Shanghai Enjie promised to supply the amount to China Innovation Airlines. For the lithium battery separator not exceeding RMB 2.5 billion, China Innovation Airlines paid Shanghai Enjie an advance payment of RMB 100 million.
On December 22, 2021, Enjie Co., Ltd. also received a prepayment order from the power battery leader Ningde Times, and agreed that Ningde Times will pay a total of RMB 850 million in advance to Shanghai Enjie to ensure that Shanghai Enjie will pay Ningde Times in 2022. and its subsidiaries supply wet-process separators (base film and coating film) for power batteries, with a total amount of approximately RMB 5.178 billion excluding tax.
In addition, this month, Shanghai Enjie also signed a production pricing contract for lithium battery separator products with a large overseas car company, stipulating that in 2022-2024, Shanghai Enjie and its subsidiaries will ensure that the supply quantity to this cooperative customer does not exceed 16.5 100 million square meters; from 2025, Shanghai Enjie and its subsidiaries will ensure that the supply volume will not exceed 900 million square meters per year. The actual purchase quantity is subject to the purchase order issued by the cooperative customer and its authorized party, and the sales price shall be executed according to the agreed price.
In terms of capacity improvement, Enjie plans to invest in Chongqing, Changzhou, Jiangsu, Suzhou and other places to build a total of 3.2 billion square meters of lithium battery diaphragm, 280 million square meters of aluminum-plastic film and 200 million square meters of coating film production capacity, and steadily expand the production capacity of lithium battery diaphragm At the same time, expand the lithium battery membrane product line and create a new performance growth point. The company is also actively deploying overseas business. It plans to build 4 fully automatic imported film production lines and more than 30 coating production lines in the Hungarian base. The overall base film production capacity of the project is about 400 million square meters.
In terms of customer cooperation, Enjie has successfully entered the supply chain system of large battery manufacturers such as CATL, LG Chem, Panasonic, Samsung, and Guoxuan Hi-Tech. The company is constantly enhancing its own strength to meet the future development needs of downstream customers, and the ability to undertake large-scale orders continues to improve. Previously, the company has signed cooperation agreements with Yiwei Lithium Energy and Ningde Times, respectively, and plans to establish joint ventures with them to build 1.6 billion square meters of wet lithium battery separator and coating film projects and 3.6 billion square meters of wet/dry diaphragm projects. .
In 2021, benefiting from the continuous improvement of the production capacity of the wet-process lithium battery separator of Enjie Co., Ltd. and the continuous consolidation of its competitive advantages, the company will seize the industry development opportunities of the lithium battery separator business and continue to develop domestic and overseas markets. The output and sales volume continued to grow steadily, and the superimposed company further strengthened internal management, which effectively improved the efficiency of operation and management, reduced costs and increased efficiency, and the overall profit level of the company was significantly improved.
In terms of performance, Enjie expects to achieve a net profit of 2.66 billion-2.76 billion yuan attributable to shareholders of listed companies in 2021, an increase of 138.44%-147.40% over the same period of the previous year; The net profit of the company's shareholders is 2.557 billion yuan - 2.657 billion yuan, an increase of 158.15% -168.25% over the same period of the previous year; the basic earnings per share are expected to be 2.98 yuan / share - 3.09 yuan / share.
