It's good again! National large funds will support the development of power lithium-ion batteries

Power lithium batteries are expected to receive support from a large national fund. Recently, the Ministry of Industry and Information Technology stated in a letter regarding the response to the proposal No. 0725 (Gongjiao, Post and Telecommunications No. 104) of the third meeting of the 13th National Committee of the Chinese People’s Political Consultative Conference that the Ministry of Industry and Information Technology will actively guide the National Manufacturing Transformation and Upgrade Fund to comply with the national strategy in the field of power lithium batteries. , Pay attention and support to key projects and key companies with advantages. Prior to this, the National Manufacturing Industry Transformation and Upgrade Fund had announced plans to invest in Huazhong CNC, Estun and XCMG. The fund has not invested in projects in the field of power lithium batteries. A large national fund is expected to help the development of power lithium batteries. The National Manufacturing Transformation and Upgrade Fund established by the Ministry of Industry and Information Technology was established on November 18, 2019, with a registered capital of 147.2 billion yuan. The competent department of the Ministry of Industry and Information Technology analyzed that the fund has established a corporate governance system and operating mechanism that conforms to market laws in accordance with the principle of separation of ownership and management rights. The specific operation and management are handled by professional fund management companies, and market-oriented operations and professional management are implemented. Chemical methods are used to solve manufacturing financing problems, and focus on companies in the growth and maturity stages of related fields. Public information shows that the number of shareholders of the National Manufacturing Transformation and Upgrade Fund has reached 20. In addition to the Ministry of Finance, China Development Bank Financial, my country National Tobacco and other central ministries, large and medium-sized state-owned companies, it also includes insurance companies and state-owned platforms. Among the A shares, in addition to CRRC, there are Shanghai Electric Group (the major shareholder of Shanghai Electric of A-share company), Yutong Group (the major shareholder of A-share company Yutong Bus), and Dongxu Group (the major shareholder of A-share company Dongxu Optoelectronics) Wait for participation. The National Development and Reform Commission and the Ministry of Finance will also provide support. The Ministry of Industry and Information Technology also explained in the proposal reply that the National Development and Reform Commission initiated the establishment of an advanced manufacturing industry investment fund, focusing on new energy vehicles and other fields, and supported power lithium batteries, motors, and equipment. The second phase of the fund has been established and put into operation. In the next step, the Development and Reform Commission will continue to increase support in the field of power lithium batteries to promote the high-quality development of the new energy automobile industry. The Ministry of Finance encourages the establishment of related funds initiated by social capital and industry to support the power lithium battery industry in accordance with the principles of marketization. The power lithium battery industry has entered a critical period of development. Why can the power lithium battery industry be supported by a large national fund? The industry believes that the reason is that this year is a critical year for the transformation and upgrading of the global automotive industry and for accelerating change, and large funds are needed to support it. First of all, my country's battery companies' 'going out' efforts are not ideal. Wu Zhengping, director of the Foreign Trade Development Bureau of the Ministry of Commerce, recently stated that although some industrial chain companies in my country have begun to actively deploy overseas in recent years, the breadth and depth of 'going global' is far from the total amount of the new energy automobile industry chain. not enough. 'Especially for power lithium battery processing companies, the proportion of overseas installed capacity in total shipments is still very low.' Secondly, foreign battery companies have gradually participated in the competition in the Chinese market. Liu Yanlong, Secretary-General of my country’s Chemical and Physical Power Supply Industry Association, said, “From January to September last year, foreign companies such as LG Chem and Panasonic Battery only accounted for 0.35% of my country’s power lithium battery market. However, from January to September this year, LG Chem , Panasonic Battery and other foreign companies have reached 15% of the market in my country, and market competition has become more intense.” Third, foreign auto giants are entering the field of power lithium batteries, bringing new changes to the industry. On May 28th, Volkswagen China and Guoxuan Hi-Tech signed the 'Share Transfer Agreement' and formally became a shareholder of Guoxuan Hi-Tech. On July 2, Daimler Greater China invested 904.5 million yuan in the strategic placement of Funeng Technology's Sci-tech Innovation Board IPO and obtained approximately 3% of the shares. The investment value of the entire industry chain is highlighted in this context, it is time to use market-oriented means to promote breakthroughs in my country's battery technology innovation. Chen Jun, executive vice president of Soochow Fund and chairman of the company’s investment decision-making committee, said in an interview with the Shanghai Securities News, “According to our research, China’s current manufacturing capabilities have been able to provide customers around the world with high-quality, safe and cost-effective vehicles or vehicles. Core components. Related leading companies have also invested considerable investment in equipment, technology and the market.” Chen Jun said, “This time the national fund uses market-oriented means to support and encourage the development of high-quality power lithium battery companies. Promote the accelerated development of the new energy automobile industry, and help the world ease the shortage of traditional energy sources and reduce pollution emissions. Related leading companies and the entire industry chain will have long-term investment value.' Haitong Securities believes that in the future, new energy vehicles will replace traditional fuel vehicles. The general trend. The link with the largest increase in the value of new energy vehicles is the power lithium battery. In the future, ternary power lithium batteries will be matched with high-end passenger models, and lithium iron phosphate batteries will be matched with low-end models. With the development of the battery industry, materials companies with international competitiveness will benefit. Disclaimer: Some pictures and content of articles published on this site are from the Internet. If there is any infringement, please contact to delete. Previous article: The daily effect of Tesla batteries is beginning to show. The stock price of lithium ore suppliers has increased by more than 160%.