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The consumer wearable battery business has developed rapidly, and net profit has soared year-on-year.
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The consumer wearable battery business has developed rapidly, and net profit has soared year-on-year.

  • Time of issue:2021-08-12

The consumer wearable battery business has developed rapidly, and net profit has soared year-on-year.

(Summary description)Xinwangda released the 2021 semi-annual report. The report shows that in the first half of 2021, the company achieved total operating income of 15.682 billion yuan, a year-on-year increase of 36.25%; net profit attributable to the parent company was 617 million yuan, a year-on-year increase of 10391.43%.

  • Time of issue:2021-08-12
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Xinwangda released the 2021 semi-annual report. The report shows that in the first half of 2021, the company achieved total operating income of 15.682 billion yuan, a year-on-year increase of 36.25%; net profit attributable to the parent company was 617 million yuan, a year-on-year increase of 10391.43%.

Xinwangda stated in the report that the company’s consumer battery business is developing rapidly, with products in smart phones, notebooks, tablets, smart hardware, wearable devices, etc. The field is widely used. At present, the company's production capacity of consumer batteries continues to increase. The first-phase plant of Zhejiang Liwei, a subsidiary, has been put into use, and formal mass production will begin in the third quarter.

“Under the unfavorable situation of declining global mobile phone market shipments and fierce competition, the company’s mobile phone digital lithium-ion battery module business continues Growth, realized revenue of 9.395 billion yuan, an increase of 42.50% year-on-year. ” Xinwangda said.

The report shows that in terms of notebook computers, Sunwanda’s notebook computer battery business revenue reached 2.187 billion yuan in the first half of 2021, an increase of 29.30% from the first half of 2020. . “In the future, the company’s notebook computer lithium battery will gradually increase its market share, continue to expand the world’s leading notebook brand customers, further increase industry penetration and market share, and become the company’s consumer battery field in the next 3-5 years An important business growth point. ”

Xinwangda’s revenue in the field of hardware intelligence has declined. Among them, hardware smart products include emerging businesses such as sweeping robots, electronic pens, smart travel, smart wear, smart homes, personal care, and smart speakers. "Due to the adjustment of some products and business, the company's intelligent hardware business revenue reached 1.935 billion yuan in the first half of 2021, a year-on-year decrease of 6.03%. ”

Xinwangda has also made breakthroughs in the power battery business. In the first half of 2021, 15 new models will be added to the announcement catalog. In terms of product development, the company's power battery products focus on square aluminum shell cells, covering application markets such as BEV, HEV, and 48V. Among them, BEV cells cover ternary and lithium iron phosphate material systems. In addition to the application in the automotive field, the company's lithium iron phosphate products have also obtained the China Classification Society type approval certificate, which has expanded the application in the field of electric ships.

In terms of power battery market development, Xinwangda has successively obtained Dongfeng Liuqi Lingzhi CM5EV, Dongfeng E70, GAC A9E, Geely PMA platform in the first half of 2021. , Geely GHS2.0 platform, SAIC-GM-Wuling Hongguang mini and many other auto companies' model projects. At present, the company has established cooperative relations with many well-known automobile manufacturers at home and abroad, and has established a synchronous joint development mechanism with customers on mainstream models in multiple markets. Car companies that have established cooperative relations include: Renault, Nissan, Ejet, Geely, Dongfeng, GAC, SAIC-GM-Wuling, Xiaopeng, etc. In addition, the first national standard in the field of battery swapping that the company participated in the drafting of the "Safety Requirements for Battery Switching in Electric Vehicles" (GB/T40032—2021) will be formally implemented on November 1 this year.

In terms of energy storage business, Xinwangda’s total installed capacity in the first half of 2021 exceeded 554MWh, including power storage, data center and communication power supply, and home The energy storage business has grown rapidly. In the field of electric energy storage, major breakthroughs have been made in the new energy side at home and abroad. For example, it has won 13.3MWh in Africa and 30MWh in Shanxi Datong and other energy storage projects above 10MWh. The company also provides base station lithium battery products for a number of communication integrator customers, and provides customized lithium battery solutions for major data center customers. In addition, home storage system products are used in the United States, Germany, Sweden, Denmark, the Netherlands, Japan and other countries.

Xinwangda believes that:“In 2021, the electrochemical energy storage market will continue to maintain rapid development. According to the Zhongguancun Energy Storage Industry Technology Alliance’s estimates, accumulated this year The installed capacity can reach 5790.8MW, and the cumulative scale of the energy storage market will reach 6614.8MW. ‘Carbon peaking’,‘carbon neutral’ and other goals have formed huge benefits to the energy storage industry, and the market will show a steady and rapid growth trend. ”

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