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    Home > Coatings News > Paints and Coatings Market > Lomon Baili cross-border lithium battery: 292 million acquisition of loss-making companies

    Lomon Baili cross-border lithium battery: 292 million acquisition of loss-making companies

    • Last Update: 2021-04-19
    • Source: Internet
    • Author: User
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    As the largest titanium dioxide company in Asia, Lomon Baili (002601.
    SZ) has begun to extend its business tentacles to the field of new energy lithium batteries.
    Recently, Lomon Baili announced that the company’s wholly-owned subsidiary Henan Baili New Energy Materials Co.
    , Ltd.
    (hereinafter referred to as “Baili New Energy”) intends to acquire Jiaozuo Zhongzhou Carbon Co.
    , Ltd.
    (hereinafter referred to as “Zhongzhou Carbon”) for cash.
    ") 100% equity of Henan Zhongtan New Material Technology Co.
    , Ltd.
    (hereinafter referred to as "China Carbon New Material") held by the company, the transaction price is 292 million yuan.
    After the completion of the transaction, Baili New Energy will own 100% of China Carbon New Materials.
    In an interview with "China Business News" reporters, Lomon Billion Securities said that the acquisition is mainly because the company is optimistic about the field of new energy lithium batteries.
    Previously, the company started R&D and production to increase the added value of by-products such as ferrous sulfate heptahydrate.
    Iron phosphate and lithium iron phosphate cathode materials, the acquisition is mainly to enter the graphite anode industry, to prepare for the company's research and development of new energy battery cathode and anode materials for the coordinated development.
    Layout of new energy Layout of new energy On February 19, more than a month ago, Lomon Baili issued an announcement stating that according to the needs of business and strategic development, in order to accelerate the implementation of the innovation-driven green development strategy, the wholly-owned subsidiary Baili New Energy It is planned to invest 300 million yuan to establish Henan Longbai New Material Technology Co.
    , Ltd.
    in Qinyang City.
    The new company's business scope includes battery manufacturing and sales, electronic special materials research and development, manufacturing and sales, and recycling of waste power batteries for new energy vehicles.
    The newly established company will do lithium iron phosphate battery business, and the by-product ferrous sulfate of the company's production of titanium dioxide can be used as lithium iron phosphate.
    The newly acquired China Carbon New Materials is a wholly-owned subsidiary of Zhongzhou Carbon.
    Zhongzhou Carbon is one of the earliest carbon companies in China, with advanced graphite electrode production technology, mainly producing ultra-high power graphite electrode products.
    After the completion of this acquisition, Lomon Baili will take advantage of the talents and technology of China Carbon New Materials to enter the graphite anode industry and formally enter the field of new energy.
    Lomon Baili said that according to the deployment of the Central Economic Work Conference, accelerating the development of strategic emerging industries such as new energy and new materials has become a major task and main direction of economic work.
    With the promotion of new energy technology, the lithium battery application market is growing rapidly.
    In order to seize market opportunities and increase the added value of the company's by-products such as ferrous sulfate heptahydrate, the company plans to enter the field of new energy batteries to develop and produce iron phosphate and iron phosphate.
    Battery materials such as lithium and graphite anodes cultivate new profit growth points.
    5hte21mz.
    com/ids/mnt/cli?args=ZKQ9YAFaFp18pOrtFWjRvbk0YxB-1TFnEwWUmgG9FsHeZ-Yyn9B59ib_AkIRftOmSEpwdFd2nwPoocnmpKHi8iTHhB80WJPwlgb27jbbknN-gM_dkotY0Zg8HnTDu2R94-wKEGQ8_lQtlwpE5pSxWnU2qjq9V62vIDw6WgdVeR75l32AyAfvNZuKO9riris1hgWH2ZYVn-R-pqFctgBS-Xcy1Bt5KlCgPipaJ7vrzqlwBhNDHFvtC5VOkfw-qXVOc1YviZWtO4y4MomclwLY1BAZQrlW23sqeHQI5W2jLRn9T0g-1y_Wspz5P5dHYtmAM95ekK7TxSVxkfRlp7yMsOyrr9vi_naQZvskTt93HFpKwRM82th507l-rgf0k9vLxO6TrKejPLuY7atIJElPEypv_j4vgH0GDtFtPvJ560lYTS3dYpoxA_q6zHH5B11wy9U9Vk616glyfIHp-oYiefof9fB1bUakn3i2Wc-HR80Me2sqCtc2tQwOUsjyZt1pOm2RhW8jt0jYMAbNBgKRsDNHUNgQ52j5qOyRYD1oFpxBf-T2058JZY7V6r0EoYV1BecARl5g1w-c7MiSPZD_UbqKx3qKc6M81OjlTasxFX-lkwmck8jQxqfgrmIfQ1DZyiyHq1-lusNP8jxxQ8-uwOqmc5dnmmDvIu9_RTE-bN5rl3nmbBbvdqBx_UVdpsw-tVEi9H-LD08Hs2fYBnVhl9U6H6Jv-STv6toG-OmRVBz_rSofbpAQ4BSSFo-WWhobvAfmDT1Sa_H98jMgyI3iIg3gf96BCDx7fpvykSSNsArJSaIGB-6-n1LIaMCGkEXCcQZ_0W9dkQjzpuVSfTHknxfsYduqqkVg5TBQzuUycEI8ItroPvcxb1pWMaz2H73En_tLjhizbd6njAFjzb8W14DFPhr0HK8Nk4-DsC4FMC2RP6rI8UtDbGpXBPYJuayivH5dNdAl82y786w2VLZwZA&jmp=XUroRTNiIMztg1aq2PLEl9-6CD28gMvmTfHfpYyKO4EYfKXULpL7on3deAp1C2j5nGYnBjCF6uxv9DVBPzMwAHIXHTMDT1d5flFouapaylMbojzFNWdsfp8DadVp3TK-IrPpRUyI5YdIf9Tq4pqg3HxwEwYmRCMG3yuW1b-aXhNweYa_gXFyIKpgwbqMIo4N&auctionPrice=JLY36iaksa4Vnf30GUkZ4w">
    In an interview with reporters, Qiu Chenyang, a researcher at China Research and Puhua, said that benefiting from its leading advantages in technology and energy prices, China is the world’s largest producer of anode materials.
    In 2020, the annual output of anode materials will account for 85% of the world’s total output.
    With the rapidly growing market demand of the global new energy industry, Chinese anode material manufacturers continue to expand production, and the domestic anode material product supply is showing a rapid growth trend.
    From 2019 to 2020, graphite anode shipments will rise from 265,000 tons to 365,000 tons.
    He said that the major companies in the graphite anode industry include Beterui, Protail, Shanshan, Zhongke Electric, Kaijin Energy, Xiangfenghua, Shenzhen Snow, Jiangxi Zhengtuo and so on.
    In terms of anode materials, graphite-based anode materials will still be the mainstream materials for lithium-ion battery anode materials in the next few years.
    By adding silicon carbon, silicon oxygen or other additives to graphite materials, lithium-ion battery anode materials will still achieve high capacity and high capacity.
    The exploration direction of high magnification and high security.
    Target net profit loss Target net profit loss The reporter noted that Zhongzhou Carbon has an annual output of 50,000 tons of ultra-high power graphite electrode projects.
    In 2020, the operating income will be 63,399,300 yuan and the net profit loss will be 1,976,400 yuan.
    From January to February 2021, its operating income was 1.
    3337 million yuan, and its net profit loss was 364,600 yuan.
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