On the evening of January 7, Topbond announced that it intends to increase the capital of its wholly-owned subsidiary Shenzhen Lithium Power by no more than 610 million yuan with the raised funds. Shenzhen Lithium Power will use the capital increase to invest in "Nantong Topbond" for the purchase of "Topbond Nantong Industrial Park". The plant and lithium battery production equipment that have completed infrastructure construction involved in the first phase of the first phase of the project.
Topbond said that in order to steadily promote the industrial layout of the company's lithium battery business sector, meet the rapidly growing business needs, quickly gain market space, and enhance market competitiveness, the use of the raised funds to increase the capital of Shenzhen Lithium Power and Nantong Topbond is beneficial to the company. Promote the expansion of the lithium battery business sector, fully seize the market opportunities of the lithium battery industry and the new energy industry, and improve the company's market competitiveness and operating performance in the lithium battery and new energy fields. Quick implementation.
According to the announcement issued by Topbond on December 8, 2021, the company plans to establish a new company in Nantong City to invest in the construction of lithium battery projects with its own funds or self-raised funds, and purchase the original Hanwha Q CELLS which has completed infrastructure construction. Plant for the construction of square aluminum shell cells, soft-packed cells, large cylindrical cells and battery pack production lines. The total investment of the project is 5 billion yuan, and the total designed production capacity is 6GWh of battery cells and 4GWh of PACK battery packs.
According to public information, Topbond was established in Shenzhen in 1996 and successfully listed on the Shenzhen Stock Exchange in 2007. It is the first listed company in the field of intelligent control in China. The company has 25 years of experience in the intelligent controller industry, focusing on the intelligent control track, with electronic control, motor, battery and Internet of Things "three electricity and one network" technology as the core, anchoring the four major applications of home appliances, tools, lithium batteries and industrial control In the field of intelligent controller industry, it has formed the core technology pattern of "three electricity and one network".
Topbond entered the lithium battery market in 2008, initially targeting the bus and bus passenger vehicle market, and later strategically transformed to the direction of light power, with "energy storage + small power" as the main development direction. The company has become the world's leading provider of intelligent control solutions, has a complete technology and product system, formed a global layout, accumulated many high-quality customers, and can quickly provide industry-leading intelligent control and system intelligent solutions for global customers.
In terms of performance, in the first three quarters of this year, Topbond achieved revenue of 5.619 billion yuan, a year-on-year increase of 56.21%; net profit attributable to listed companies was 565 million yuan, a year-on-year increase of 55.86%.
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