"Annual Inventory" Brilliant Achievements of Ningde Era in 2018

As China's battery unicorn, Ningde Times has been attracting attention since its inception, and with the rise of the new energy automotive industry and the transition to electrification, Ningde Times seized the opportunity to hand over a satisfactory report card in 2018. This article takes you back to the splendors of the Ningde era in 2018 when GE Automotive conducted a year-end inventory of key car companies and parts companies. Ningde Times to Decide Site for European Factory In May, Ningde Times Chairman Zeng Yuqun said in an interview that Ningde Times was on the verge of deciding on the site of its European factory, which would be its first overseas facility, Bloomberg reported. According to people familiar with the matter who declined to be named, the Ningde era is visiting Germany, Hungary and Poland, or setting up its European factories in one of those countries. The Ningde Times reportedly wants to find factories in Europe at the lowest cost, and capacity will be determined by demand for electric cars in the market. In addition, European factories will supply mainstream car companies such as BMW … "Details" Daimler and Ningde Times have signed a contract to supply batteries for electric vehicles, according to foreign media reports. On May 2, local time, Daimler Group Purchasing Director Sabine Angermann said the company had signed a contract with Ningde Times New Energy Technology Co. Ltd. (CATL) and Ningde Times had been offered the opportunity to supply Daimler with batteries for electric vehicles. Speaking at a news conference in Stuttgart, Germany, Angermann said that Daimler's battery materials Source, but, Relevant Contract Supply, and whether Ningde Times will also supply batteries for overseas-made Mercedes-Benz cars... "Details" Ningde Times signed a deal with Honda to develop power batteries, Honda is teaming up with Ningde Times (CATL), the world's largest supplier of batteries, to develop an electric car that Honda sees as key to its global strategy. The partnership will develop batteries and related technologies for the new electric car, which Honda will launch in China and elsewhere in the first half of 2020. Honda also plans to work with Ningde Times in other areas, including electric vehicle performance testing, production technology and battery specifications. In addition, Honda hopes to cooperate with Ningde Times to develop future electric vehicles … … "Detailed" GEM unicorn Ningde Times today subscription pricing 25.14 yuan/share May 29, Ningde Times New Energy Technology Co., Ltd. (Securities Code: 300750 Securities Abbreviation: Ningde Times) officially issued the prospectus, the proposed initial public offering of shares and listed on the Growth Enterprise Market of Shenzhen Stock Exchange. According to the Prospectus, the online and offline subscription date for the listing of Ningde Times is May 30, 2018, and the online and offline payment date is June 1, 2018. The offering price is 25.14 yuan per share, and the P/E ratio is 22.99. The total amount of funds raised by the offering is expected to be 5,461,507,447.62 yuan. According to the prospectus, the number of shares issued by the Ningde Times does not exceed 217, 243,733 Shares, representing 10.00% of the total issued share capital. Before the callback mechanism starts, the number of initial offline distributions shall not exceed 152, 070,733 shares, accounting for 70.00% of this issue, The initial number of online distributions shall not exceed 65, Chinese battery giant Ningde Times (CATL) is on the verge of deciding to set up a battery factory in Germany as an important part of its push into the European market, according to people familiar with the matter. CATL is considering setting up a battery factory in the German state of Thuringia, the person said. Because the site review was conducted in private, the source asked not to be identified. CATL is also exploring locations in Poland and at least one other European country, they said, and may eventually choose to build plants where it has been considered … "Details" "Unicorn" jumped 44 per cent on its debut today, June 11, when Ningde officially launched on the Growth Enterprise Market under the stock trading symbol 300750. It is understood that the listing opened up 20%, after a 10% jump in intraday short suspension card, ultimately compared to the issue price rose 44%, to 36.20 yuan. According to the company's public announcement, this time it issued 217 million new shares, with a total issued share capital of 2.172 billion shares, an issue price of 2,514 yuan, raised funds of 5.462 billion yuan, and a price-to-earnings ratio of 22.99 times, making it the highest ever issued by a growth enterprise board company High fund-raising record ? - ? - ? - ? - ? ° Details ? ± The total market value of Ningde Times has exceeded 150 billion yuan since June 21, After the stock market opened, the leading power battery company Ningde Times (300750. SZ) rose for 8 consecutive days since its listing, the share price at 70.54 yuan, 0.43 percent turnover, the total market capitalization reached 153.2 billion yuan, far more than the previous GEM's largest share Wen's shares (115.8 billion yuan), but also far more than the new energy vehicle leader BYD. 18 June, Ningde Times and Fujian Provincial Investment Group jointly invested in the construction of large-scale lithium battery energy storage project signed a formal contract, The three-phase project will land in Jinjiang, Fujian … "Detailed" BMW has signed a € 1 billion ($1.16 billion) contract with Ningde Times, a Chinese manufacturer of lithium-ion batteries, to build a factory in Europe, according to foreign media reports. The contract is worth more than € 1 billion ($1.16 billion). Glenn Schmidt, a spokesman for BMW, said the deal would allow China's largest lithium-ion battery maker to set up a plant in Europe to produce batteries for European electric vehicles. The Ningde Times is currently looking for potential sites in Europe for battery production, and the German state of Thuringia has encouraged the company to use a site in Elford, in eastern Germany. According to sources, Ningde Era is also looking for sites in Poland and another European country... "Details" Ningde Era European plant in Germany won a 31 billion yuan battery order from BMW in the afternoon of July 9 German time, between Chinese Premier Li Keqiang and German Chancellor Gerhard Schroeder Merkel witnessed the signing of an investment agreement between Ningde Times New Energy Technology AG and the German state government of Thuringia. According to the agreement, Ningde Times will invest 240 million euros (about 1.87 billion yuan) to set up a battery production base and an intelligent construction technology research and development center in Elford, Thuringia, Federal Republic of Germany. At the same time, foreign media reports, Markus Duesmann, BMW's chief purchasing officer, said on July 9, BMW has signed a battery purchase contract with Ningde Times (CATL), BMW to Purchase $4.7bn worth of batteries from Ningde Times ? - ? - ? ° Detailed ? ± Brilliance BMW's $815m Purchase of Ningde Times Battery Capacity Building Project After BMW Group and Ningde Times agreed on July 11th to purchase batteries worth € 4bn ($4bn), In a July 17 noon announcement from the Ningde Times, In view of the long-term strategic partnership between the Company and Brilliance BMW, in order to further deepen the cooperation, Brilliance BMW intends to purchase battery production capacity construction projects and power battery products from the Company, and agrees that Brilliance BMW has the right to choose equity investment in the Company if the conditions agreed by both parties are met. In addition, Ningde Times and Brilliance BMW signed the "Strategic Cooperation Agreement" on July 17, 2018. According to the agreement, in order to guarantee the long-term production capacity of the products, Brilliance BMW purchased from the Company a battery production capacity construction project with an amount of RMB 815 million ? - ? - ? - ? - ? ° Detailed ? ± Guangzhou Automobile Group and Ningde Times intends to jointly invest and establish a joint venture company Ningde Times in July 19th Morning Announcement, The Company and Guangzhou Automotive Group Co., Ltd. (hereinafter referred to as "Guangzhou Automotive Group" or "Party A") intend to sign the "Time Automotive Power Battery Co., Ltd. Joint Venture Contract" in Guangzhou on 19 July 2018. The two parties plan to jointly invest in the establishment of Times Automobile Power Battery Co., Ltd. And Times Automobile Power Battery System Co., Ltd. In Guangzhou (tentative name, subject to final verification by the administrative department for industry and commerce, hereinafter referred to as the "Joint Venture Company") under the Joint Venture Contract of Guangzhou Automobile Times Power Battery System Co., Ltd. According to the announcement of Guangzhou Automobile Group, the registered capital of Guangzhou Automobile Times Power Battery System Co., Ltd. Is RMB 100 million yuan, and both parties contribute in cash, of which Party A contributes RMB 51 million yuan, accounting for 51% of the total shares, and Party B contributes RMB 49 million yuan, accounting for 49% of the total shares. Time Automobile Power Battery Co., Ltd. Has a registered capital of RMB 1 billion yuan, Party A and Party B shall contribute in cash, of which Party A contributed RMB 490 million yuan, 49 per cent, Party B contributes RMB 510 million yuan, holding 51% of the shares … … "Detailed" After Brilliance BMW and Guangzhou Automotive Industry Co., Ltd. Signed a joint venture with Jiangling on July 25. On July 25, Ningde Times signed a strategic cooperation agreement with Jiangling Group. According to the agreement, the two sides will carry out strategic cooperation in a number of key vehicle models and reach an intention to further deepen long-term strategic cooperation. Earlier, on July 4, Dongfeng Times (Wuhan) Battery System Company was established and put into operation in Dongfeng New Energy Vehicle Industrial Park. On July 17, Ningde Times announced that it had signed with Brilliance BMW on the same day "Strategic Cooperation Agreement", Brilliance BMW will buy Ningde Times battery capacity construction projects, at the same time, Brilliance BMW will also plan to Ningde Times long-term procurement of specified models of power battery products; 19 July, Ningde Times and Guangzhou Automobile Group Co., Ltd. Intend to sign the relevant contract, The two sides plan to set up a joint venture in Guangzhou... "Detailed" Ningde Times launches 811 batteries next year in a bid to seize the forefront of competition with South Korean rivals, according to foreign media reports. Chinese battery maker Ningde Times (CATL), eager to gain an edge over its South Korean rivals, said it would be the industry's first to launch a new undervalued and high-energy-density NCM 811 battery for electric vehicles next year. Currently, Ningde era batteries are mainly NMC 532, the battery's cathode material is 20% cobalt. Once the NCM 811 batteries are introduced, the cobalt content per kilowatt-hour battery will drop by more than half, while the battery energy density will increase... "Detailed" Ningde Times first half revenue of 9.36 billion year-on-year increase of 48.69% August 23 evening, the power battery giant Ningde Times announced the first half of 2018 results, data show that the company achieved the first half of 2018 revenue of 935.95807 million yuan, an increase of 48.69% year-on-on-year; The net profit attributable to shareholders of the listed company was RMB 910 million yuan, down 49.70% year-on-year. Specifically, Ningde Times power battery system sales revenue of 71875667 million yuan, an increase of 34.92% year-on-year; Its Sales revenue of energy storage system was 51.094 million yuan, up 1024.50% year-on-year; The sales income of lithium battery materials was 1,747.3447 million yuan, year-on-year increase of 123.59%... "Detailed" GMAC-SAIC and Ningde Times signed a strategic partnership to develop the next generation of new energy batteries in recent days, GMAC-SAIC and Ningde Times signed a strategic cooperation agreement in Shanghai. The two sides will jointly explore actively in the field of automotive battery technology and conduct in-depth cooperation on the development of next-generation new energy batteries for GMAC-SAIC. According to the cooperation agreement, GMAC-SAIC and Ningde Times will actively explore efficient and pragmatic cooperation mode, and give play to their respective leading advantages in the field of new energy power batteries for in-depth strategic cooperation. At the same time, with the deepening of strategic cooperation, The two sides will work together to enhance sustainable development and innovation capacity, To build strong core competitiveness and achieve win-win cooperation... "Detailed" Ningde Times' net profit for the third quarter increased by 130% year-on-year. On the evening of October 12, Ningde Times released its third quarter earnings forecast. The Company deducted 1.26 ~ 1.33 billion yuan of non-profit in the third quarter, up 120% ~ 133% year-on-year. The deduction of non-profit for the first three quarters was 1.95 ~ 2.03 billion yuan, up 81% ~ 88%, and the deduction for the third quarter was 2.33 ~ 2.43 billion yuan. It is worth mentioning that the non-profit deduction in the first half of Ningde Era was only RMB 700 million yuan, but in the third quarter, the non-profit deduction increased to RMB 1.3 billion yuan, up 120% ~ 133% from the same period of last year, thus realizing a leap in performance. Echoing the achievements of the Ningde era After the Ningde Times stock market opened on Monday, its share price opened sharply higher, and finally closed at the price limit … "Detailed" earnings increase does not increase profits! Net profit of the first three quarters of Ningde Times dropped 7.47% compared with the same period of last year. On the evening of October 25th, Ningde Times disclosed the first three quarterly reports after listing. The company realized the operating income of 19.136 billion yuan in the first three quarters, up 59.85% compared with the same period of last year. Realized net profit was 2.379 billion yuan, down 7.47% year-on-year; The net profit after non-deduction was 1.985 billion yuan, up 88.71% year-on-year. Ningde Times said in its third quarterly report that the rapid growth of the new energy vehicle market was the main reason for the large increase in operating income. The company strengthens the market promotion, the market share promotes. Ningde Times shares fell 7.8 per cent to 74.6 yuan as of the 26th closing day of trading, Gesellschaft Auto found. However, while revenues soared by nearly 60%, net profit declined in the first three quarters of the Ningde era. What is the reason behind the "increase in revenues but not in profits" policy? ? - ? - ? - ? ° Detailed ? ± capital injection of 1 billion new-energy vehicle batteries! Geely and Ningde Times Establish Joint Venture On December 20, Zhejiang Jirun Automobile Co., Ltd. (hereinafter referred to as "Zhejiang Jirun") and Ningde Times New Energy Technology Co., Ltd. (hereinafter referred to as "Ningde Times") of Geely Automotive announced that The two sides will establish joint ventures to engage in research and development, manufacturing and sales of batteries, battery modules and battery packs to enhance their core competitiveness and sustainable development in their respective fields. It is understood that the registered capital of the joint venture company is RMB 1 billion yuan, and the two sides have contributed in cash, of which Ningde Times With a 51% stake and a 49% stake in Zhejiang Jirun, the joint venture will achieve a stable supply of core components for Geely's electrified models... "Details"