Among them, the collaborative innovation investment contributed 440 million yuan, accounting for 88% of the shares; Dingying invested 60 million yuan, accounting for 12% of the shares. The joint venture plans to invest 2 billion yuan to build 12 wet diaphragm production lines. It is understood that Su Changchai A is one of the earliest professional manufacturers of internal combustion engines in China. Its main products include diesel engines, gasoline engines and generator sets. They are widely used in pickup trucks, light trucks, low-speed trucks, tractors, combine harvesters, and generator sets. Construction machinery, ships and other fields. As a high-tech threshold in the power battery industry chain, high-margin industries, lithium battery separators have attracted capital from different sources in recent years. With the dramatic expansion of power battery capacity expansion, the expansion of the lithium battery diaphragm movement is even more massive. According to survey data, in 2016, the output of lithium battery separators in China exceeded 1.084 billion square meters, a year-on-year increase of 72.6%; GGII predicts that China's diaphragm production in 2017 will approach 1.6 billion square meters. With the rising proportion of ternary batteries, the proportion of wet diaphragms is also rapidly increasing. At present, the expansion is mainly based on wet diaphragms and coated diaphragms, and dry expansion is more cautious. The chain reaction of the drop in gross profit caused by the release of production capacity has also been presented. From the perspective of the representative diaphragm companies of Xingyuan Materials, Zhuozhou Mingzhu and Shengli Precision, the gross profit rate in the first half of the year has shown a decline in different degrees. It is worth noting that since the beginning of this year, including the Star Source Materials, Hui Qiang new materials, Sinoma Technology, Zhuozhou Mingzhu, Jinli New Energy, Jinli shares, Peking University, Nuome Technology, and more than ten companies of old diaphragm companies, and Long Century The new companies such as New Materials, Runshen New Materials, Bosong New Materials, Beixing New Materials and Xinheng New Materials all released information on expansion. The total scale of production expansion exceeded 1 billion square meters, and the production capacity was mostly concentrated on the release from 2018-2019. According to the analysis, there are few domestic high-end diaphragms, most of which are low-end and high-end market homogenization. Coupled with the current continuous expansion of production capacity, there is a risk of overcapacity. In addition, battery manufacturers are under pressure to reduce costs, pushing down the price of diaphragm manufacturers. In the next three years, the competition in the diaphragm market will continue to increase, and large companies will continue to squeeze the market share of small enterprises, and the industry will become centralized. The pattern of “big fish eating small fish†will gradually form. Under the background of excess production capacity and continued decline in gross profit margin, it is still unknown whether Su Changchai A is a new entrant to cross-border trade. ZHEJIANG FULE MINING MACHINERY CO., LTD , https://www.flmachines.com
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Another traditional energy company transforms Changchai’s 2 billion water lithium battery separator
On October 31, 2017, Su Changchai A (full name: Changchai Co., Ltd.) issued an announcement showing that the company's capital contribution accounted for 99.01% of the synergistic innovation investment and Dingying Investment was proposed to be in Jintan Hua, Changzhou City, Jiangsu Province. The park jointly invested 500 million yuan to set up a joint venture company and implemented the "Lisheng lithium-ion battery separator project."