In the drama of the power battery industry, what does the Ningde era keep the “one brother” status?

Following the market value surpassing PetroChina, Ningde Times has been in the “Eye Eye”.
Yesterday, according to the Finance News Agency, the Ningde Times will supply power batteries to the two models created by the exclusive platform “E-GMP” of Hyundai Automobile Group, and the supply time will begin in 2023.
Although the Ningde era did not respond, its stock price changed quickly. According to Wind data, the stock price of Ningde Times rose 8.18%to 404 yuan/share yesterday.
6 days ago, Ningde Times issued multiple announcements in a row, “Investment does not exceed 12 billion yuan to build a Sichuan Yibin power battery manufacturing base”, “investment does not exceed 12 billion yuan to build Guangdong Zhaoqing power and energy storage projects “And” investment of no more than 5 billion yuan to build the expansion project of Fujian Ningde FAW Power Battery Production Line “, total investment totaling 29 billion yuan.
Ifly affected by this news, since the opening of 3%to 379 yuan/share the next day, the closing price on February 4 continued to rise to 388.5 yuan/share, an increase of 1.97%.
As early as February 1st, a “non -public offering of shares listing and circulation prompt announcement” was released during the Ningde era. 5.25%, and the release date of lifting the ban is February 4.
In interface news statistics, the market value of the Ningde era was 433.289 billion yuan, which accounted for almost half of the total market value of 955.55 billion yuan before its release. Although the holders of lifting shares have not expressed their concerns, the capital market is still concerned about it.
In fact, since the Ningde era surpassed PetroChina, its stock price has been staged a “roller coaster” trend. Behind this may reflect the unstable status of “internal and external problems” in Ningde era.
The Ningde Times December 31, 2020-K-line diagram from February 9, 2021, the screenshot was affected by Wind
In affected by the epidemic. The demand and installation volume fell. Because of this, Ningde Times’ revenue and net profit performance in the first three quarters of 2020 were not excellent.
In addition, the explosion of battery factories under the Ningde Times last month also caught it into a short turbulent.
In terms of external markets, with the development of the new energy vehicle industry, the competition in the power battery industry has intensified year by year. Although the Ningde era still sat in the “one brother” position, there were many threats around them.
In first, not to mention the catch -up of domestic power battery manufacturers such as BYD and Guoxuan Hi -Tech. Overseas battery manufacturers such as LG Chemistry and Panasonic have also started to follow the domestic market in recent years and follow the Ningde era.
The market value of Ningde Times surpassed PetroChina at one time. The outside world will be regarded as a signal of new energy vehicles that will gradually replace fuel vehicles.
In the era when the heroes are tied, can the Ningde era sit on the position of the “one brother” of the power battery?

“Basic satisfaction.”
14 years ago, Jiang Jiemin, who was the chairman of China Petroleum, said in an interview with CCTV. Essence
On November 5, 2007, China Petroleum was listed on A -share scenery. The opening price on the first day was once pushed to 48.6 yuan/share by investors. It also became the world’s largest market value company with a market value of 7118.1 billion yuan.
The unknown company, the world’s first market value in the past, was surpassed by a manufacturer of power batteries fourteen years later.
In Chinese energy reports, on December 21 last year, the stock price of the Ningde Times rose over 12%. The closed stock price of the day was 325 yuan/share, and the market value also reached 757.1 billion yuan. One week later, on December 30, the stock price of Ningde Times rose 10.39%, the closed stock price was 340 yuan/share, and the market value also reached 792 billion yuan, surpassing the market value of 755.8 billion yuan on Petroleum on the day.
The comparison chart of the market value of Petroleum in Ningde Times. The data is derived from Wind. The connection travel drawing
In this year, such a rise is still continuing. At the close of January 4, the stock price increased by 15.09%to 404.1 yuan/share. After that, the stock price continued to rise until January 7, the closed stock price reached 413.23 yuan/share, and the market value reached a new high of 962.6 billion yuan.
, when the Ningde Times was rushing to the trillion market value, he was stepped on the “brake”.
In January 7, according to “Ningxiang Release” Weibo, on the evening of that day, Hunan Bangpu Circle Circular Technology Co., Ltd. (“Hunan Bangpu”) exploded the fire in the old factory workshop. According to data from the “Sumi Information Inquiry Platform”, the company is a subsidiary of Ningde Times Holdings.
The Ningde Times, as the party, responded quickly to the accident, but because the company was mainly responsible for the business recycling part of the battery industry in the Ningde Times, the stock price was affected by the opening of the Ningde Times the next day. 404.5 yuan/share, a decrease of 2.11%, and the market value evaporated by 20.332 billion yuan in a day.
In the next week, the decline of the stock price continued. On January 11, the stock price continued to fall, and the closing price on the day was 390 yuan/share, a decrease of 3.58%; although there were slight rebounds during the period, the decline in the stock price did not be alleviated. After eight days, the stock price dropped to 366.11 yuan/share low. At the point, the market value of the day also fell to less than 900 billion yuan.
On January 20, the stock price of Ningde Times rose to the closing price of 391.4 yuan/share, an increase of 25.29%. From the perspective of the industry, this rise has a lot to do with the patent announced the day before.
On January 19, Ningde Times announced two invention patents related to solid -state batteries. According to patent documents, these two patents are related to solid electrolytes and will help the energy density of the energy density of all solid -state batteries. Since Weilai launched the 150kWh solid -state battery pack at the beginning of last month, the patent of Ningde Times has become another progress in this field.
The patented information related to solid -state electrolytes in Ningde Times. The screenshot is based on the “A certain Enterprise Information Inquiry Platform”
The influence of this news. After a few days, the stock price of Ningde Times has risen all the way, and returned to 400 on January 22. The stock price of the yuan, the closing price of the day was 408 yuan/share, and the market value also returned to more than 910 billion yuan.
But soon, the stock price of the Ningde era was once again in the “quagmire” due to the explosion.
The on the evening of January 20th, the German nano -holding subsidiary Qujing Railway Technology Co., Ltd. (hereinafter referred to as “Germany Nanim”) issued an announcement stating that on the morning of the morning, an outdoor exhaust absorption tower exploded. According to Detangnan disclosure, its companies are the top five suppliers in Ningde era from 2014 to 2016. In addition, according to the data inquiry platform of an enterprise, Ningde Times accounted for 40%of its company’s total share capital.
I., although the Ningde Times quickly responded to the explosion accident, and said that it was only participating in the shareholding relationship. It did not participate in the production and operation of its company, but did not block the decline in the stock price.
The next week of the accident, the stock price of Ningde Times fell again. From the closing on January 25, the 396.95 yuan/share fell to 354.11 yuan/share on January 29, a decrease of 4.27% This is also the lowest point of the stock price of Ningde’s era last month.
By the beginning of this month, the stock price of Ningde Times continued to fall. On February 1, its stock price closed at 350.33 yuan/share. However, with the number of expansion announcements in Ningde Times, the decline in the stock price stopped in time. Since the announcement of the announcement on February 2, the stock price of Ningde Times began to call back. By the time of the close of February 4, the stock price had risen 38.17 yuan/share on February 1.
. At this point, after the Ningde Times surpassed China Petroleum and the stock price in December last year, it also reached a high of 413.23 yuan/share. “Roller coaster”.
The unstable stock price may also reflect the current situation of challenging the Ningde era.

On the current track of the power battery, the pressure of Ningde Times who has been sitting on the “top chair” is not small.
In October last year, Ningde Times released the third quarter of the third quarter of the 2020 financial report. The financial report showed that in the third quarter, revenue was 12.7 billion yuan, an increase of 0.8%year -on -year; net profit was 1.42 billion yuan, an increase of 4.24%year -on -year. This is also the first time in the first three quarters of Ningde Times to achieve dual growth in revenue and net profit.
Although the Ningde era made a better “transcript” in the third quarter, it could not cover the slump in the previous three quarters. According to the financial report, the Ningde Times achieved operating income of 31.522 billion yuan in the first three quarters of 2020, a year -on -year decrease of 4.06%; the net profit was 3.682 billion yuan, a year -on -year decrease of 2.07%.
It is not good for the development of the Ningde era in the first two quarters of last year, and it has nothing to do with the epidemic.
With the outbreak of the epidemic at the beginning of last year, the production and sales of new energy vehicles in the first half of last year decreased significantly. According to data released by the China Automobile Industry Association, the production and sales of new energy vehicles in the first half of last year were 397,000 and 393,000, respectively, a year -on -year decrease of 36.5%and 37.4%.
“The sudden epidemic and policy impact in the first half of last year led to the collective decline in sales of new energy vehicles, and the amount of power battery installation also declined, which will affect the income of battery suppliers.” Cui Dongshu once said to the Beijing Business Daily.
In from the outside, as the epidemic is gradually controlled, its revenue and net profit should be rebounded. But for the Ningde era, things are not so simple, and the technical route that has been “standing” has been crumbling.
As early as 2011, the Ningde era was established in Ningde City, Fujian, but at that time, it was much slower on the power battery track. It has already achieved “self -sufficiency” in front of BYD and Guoxuan Hi -Tech. Player.
The Zeng Yuqun, the founder of Ningde Times, naturally saw this, so at the beginning of the company’s founding, he opened another way -did not use the lithium iron phosphate route that was generally recognized at the time as the main route, but chose the cost more. It is a high ternary lithium route.
Plash after Zeng Yuqun made this choice, the policy helped him.
In a year after the establishment of Ningde era, the central government released the “Planning for Energy Conservation and New Energy Vehicle Industry (2012-2020)”. The plan proposes that by 2015, the power battery module is more than 150Wh/kg than the energy. At that time, only the ternary lithium battery could reach this indicator.
So under the “acceleration” of policy dividends, in 2017, Ningde Times surpassed BYD and Guoxuan High -Key in 2017, and became the “one brother” of the power battery industry in one fell swoop. After that, Ningde Times continued to develop research and development in the three -yuan lithium battery, and launched and mass produced the “811 battery” two years later.
The Ningde Times 811 battery equipped with BMW ix3, Tuyuan Ningde Times official micro
In other words, the 811 battery is nickel, cobalt and manganese in the positive electrode material of power batteries. The three -dollar lithium battery, this battery can increase energy density to 170Wh/kg, and effectively improve the battery life of new energy vehicles loaded with this battery.
811 battery has many advantages, but has been questioned since its launch.
The first is the safety of the battery. According to the future Auto Daily, there were more than 20 new energy vehicles spontaneous combustion accidents in the domestic market last year, most of which are models loaded with ternary lithium batteries. With a “acupuncture test” in BYD and Ningde’s era last year, the safety of the 811 battery of the Ningde Times was the focus of public opinion.
“According to the current technology, the 811 battery system can not afford the fire. It is almost impossible to do it. If the single battery cells are not affected, it is estimated that solid/semi -solid batteries will be used, or the energy density will be sacrificed.” Fu Zhenxing, an expert in the energy automobile industry, expressed this for the car market.
In addition to security, the current market share of ternary lithium batteries is gradually being squeezed.
In data released by the China Automobile Power Battery Industry Innovation Alliance last November, in November 2020, a total of 5.9GWh was installed in domestic ternary lithium batteries, a year -on -year decrease of 8%; GWH, a year -on -year increase of 13%. According to this trend, the decoration of the lithium iron phosphate in 2021 will exceed the ternary lithium battery.
It, there were rumors in the industry last year that “Ningde Times will abandon the 811 battery”. Although the Ningde Times rumored this, the safety and market share of the ternary lithium battery were squeezed. exist.
Compared with the trouble of “internal worry”, “external problems” may be more threatened to Ningde era.
In fact, the reason why the Ningde era could sit in the “one brother” position in the past few years, and it did not be threatened by much. It also benefited from the support of the policy.
In 2015, the Ministry of Industry and Information Technology launched the “white list” of the power battery. Domestic new energy vehicle companies can only get subsidies by using the “white list” by companies.
It this, the Ningde Times entered the “fast track” under the support of the policy. In 2019, various car companies including BMW Brilliance, Yutong Bus, Zhongtong Bus, Xiamen Gold Tour, BAIC, CRRC Group, and Geely, the installed proportion of batteries in Ningde Times was more than 90%.
But as the Ministry of Industry and Information Technology canceled the “whitelist”, the “wall” blocked in front of foreign power battery companies was overturned, and these companies entered the domestic market without hindrance. As the “one brother” of the domestic power battery industry, the Ningde era, the first to usher in the challenge of foreign battery companies such as LG chemistry and SK.
In data released by SNE Research, from January to August 2020, LG chemistry’s power battery installed volume accounted for 15.9%of the global market, ranking first, Ningde Times ranked second with a market share of 15.5%. Essence After that, although the Ningde era recaptured the first position of global power battery installed capacity in 2020, LG chemistry and Panasonic were still chasing behind it.
The global power battery installed capacity ranking in 2020. The data is derived from Sne Research. The connection travel drawing
In fact, after the Ningde Times surpassed China Petroleum in the market value, it seems to be a new energy era in the industry in the industry. Just turn on. But for the current Ningde era, in addition to facing the problem of “internal and external problems”, we must also think about a “old problem” -how to continue to stabilize the “one brother” status of the power battery industry?

“For many competitors, car batteries are usually only one of their business areas. But for us, everything must be turned around the battery. We must become the most in this field. Strong.
Shortly after the establishment of Ningde Times, Zeng Yuqun replied when he was asked by the media about the company and the future.
But to make Ningde Times do this, it is not simple.
This is because since the development of the new energy vehicle industry, there is a convention -eggs will not be placed in the same basket. In short, no car company will not only choose one power battery manufacturer as a supplier, but also choose a few at the same time.
The Tesla as an example. At present, its battery suppliers have bundled the three major battery giants of Panasonic, LG Chemistry and Ningde Times. “To ensure stable battery supply, we will choose a number of battery suppliers to provide batteries.” Tesla CEO Elon Musk once said to the media.
The Ningde era, which is the head of the domestic power battery industry, is also not the only choice for car companies.
The public throwing 1.1 billion euros in 2020 to invest in Guoxuan Hi -Tech, and selected Wanxiang, one, two as a supplier; Mercedes -Benz also invested 10 million euros to invest in Fenng Technology. Even the “Bole”, who was once the Ningde era, BMW Brilliance chose Ebi Lithium Energy in July last year.
The reason behind this is very simple. Power battery companies cannot meet the needs of many new energy vehicle companies. In order to achieve production, car companies have to choose a number of power battery companies as suppliers. Even in 2021, the imbalance between supply and demand still exists.
“In the next 5 years, the lithium battery industry will usher in a well spraying period and quickly enter the TWH era.”
At the China Electric Vehicle Hundred People Convention Forum held last month, Zeng Yuqun once gave this Judgment. In his opinion, the global lithium battery industry will enter a new era in 2021. The demand will increase significantly. However, on the other hand, the supply side of the entire industry chain will grow relatively slowly, and the effective supply is insufficient.
In other words, with the rapid development of the new energy vehicle industry, the power battery industry has also entered a new era, but the basic rules of the industry have not changed -to meet the needs of more car companies to grab the needs More markets.
. Since the beginning of this year, many new energy vehicle companies’ demand for power batteries has shown a well -spraying growth.
Tesla domestic Model Y strong landing in the domestic market. Due to the fact that the price reduction was overwhelmed, the official website was paralyzed; then, Weilai released the new model ET7. According to Weilai co -founder Qin Lihong, Also exceeded expectations. After that, Zhi Ho Ho Motor also released its own new model and opened up.
Tesla domestic mod Y and Weilai ET7, Tuyuan Tesla/Weilai official micro n, in addition, domestic new energy car companies such as Xiaopeng, Weima, Zero Run Traditional fuel -fuel car companies such as BMW, Mercedes -Benz, and Audi will also launch many new models of its new models in 2021.
It’s high -speed volume from Tesla, Weilai, to Xiaopeng, BMW and other car companies, all of which are increasing the battery supply pressure of power battery manufacturers represented by Ningde Times. According to statistics from high -profile lithium motor agencies, domestic new energy vehicle sales are expected to be adjusted to 1.97 million in 2021, with a year -on -year growth rate of more than 52%, and the installed power battery installed capacity reaches 97GWh.
In order to meet the needs of more car companies and seize the market, power battery companies such as Ningde Times have begun to expand the production of “exercise”.
At the beginning of this month, the Ningde Times announced that it would invest in the construction of power battery bases and power energy storage projects in Yibin, Zhaoqing and Fujian in Sichuan, Zhaoqing and Fujian Ningde in Sichuan, with a total investment of 29 billion yuan. At the end of December 2020, the Ningde Times announced that the investment in 39 billion in Fujian Fuding, Sichuan Yibin, and Jiangsu Liyang increased production and expanded production. In just a few months, it took nearly 68 billion yuan to expand its capacity.
Then BYD also issued an announcement that it would increase capital and expand its subsidiaries in cash.
In addition to accelerating the expansion of head power battery companies, the power battery manufacturers behind them also began to strive to follow.
last month, AVIC’s lithium battery announced that it would invest 5 billion yuan and the planned production capacity of 10GWH was about to be officially put into production. Last year, Guoxuan Gaoke Liuzhou 10GWH power battery production base also started construction; Hive Energy announced its investment of 15.5 billion yuan to establish a 24GWH battery plant in Europe.
. While the power battery manufacturers such as Ningde Times made production expanded, they also began to find that it was difficult to win more markets through the original expansion method, because since last year, many new energy vehicle companies have already been Unwilling to be “stuck around the neck” by the battery manufacturer and began to lay out the battery business in person.
In September last year, Musk released its new energy plan on Tesla’s “Battery Day”, and said that after two to three years, when it was self -sufficient, it did Essence This year, the new battery technology of Weilai, Zhi Ho Ho and GAC New Energy has all launched. The connection travel has been in “Tesla, Weilai, GAC’s 1,000 kilometers of battery life, is it a real technology or a new gimmick? “One article explained in detail.
“Although car companies and brands such as Weilai, Zhi Ho Ho -Auto, such as Weilai, Zhi Ho Ho Su are currently working with power battery manufacturers such as Ningde Times. Studying a battery, like Tesla, can reduce the cost to lower. “A power battery industry practitioner said to connecting.
Because of this, in order to continue to stabilize the “one brother” status of the power battery industry in the new era, Ningde Times no longer only continues to layout and develop the power battery business, but also began to expand to other businesses. Essence
In the Beijing Business Daily, since last year, Ningde Times has invested in similar battery manufacturers and has been involved in the fields of upstream battery raw materials, securities, automobile manufacturing, artificial intelligence and autonomous driving. In January this year, Ningde Times also participated in the C round financing of the horizon of artificial intelligence chip companies.
In Ningde Times Investment Horizon Information. The screenshot is from the “A company’s information query platform”
It in the industry, it is not surprising to invest in the upstream and downstream of the supply chain and emerging technology. Field business can not only stabilize and set risks, but also enhance its competitiveness in the industry.
Nowadays, with the rapid development and popularization of the new energy vehicle industry, it is certain that the market value of Ningde Times surpassing PetroChina is not the end of development, but a new starting point. However, in the Ningde era to continue to sit in the “one brother” position in the new energy era, it is necessary to take the initiative to take the initiative at any time with the change of the times.