New energy morning report| subsidies decline superimposed raw material prices rose New energy vehicles set off a wave of price increases

Whale Platform 01/28 morning highlights

Subsidy decline superimposed raw material prices rise New energy vehicles set off a wave of price increases

Xinhua news, on the eve of the Spring Festival of the Year of the Tiger, the price of new energy vehicles rose. Affected by multiple factors such as subsidies and rising raw material prices, mainstream new energy vehicle companies such as Great Wall Motors, Tesla, and BYD have successively revealed price increase news, ranging from 1,000 yuan to 20,000 yuan. Industry experts believe that China's new energy vehicles are no longer a buyer's market and have entered a new stage of rapid popularization and development, so there is still a possibility of price increases in the short term.

Three Gorges Energy signed an investment cooperation agreement with Yulin Municipal Government of Shaanxi Province and Rainbow Group

Financial Associated Press january 28 news, yesterday, Yulin City 2022 key investment projects (the first batch) centralized signing ceremony was held in the form of video conference. The investment agreement for the Three Gorges Yulin Photovoltaic Equipment Manufacturing Industrial Park project jointly developed by Yulin Municipal Government, Three Gorges Energy and Rainbow Group was successfully signed. Three Gorges Yulin Photovoltaic Equipment Manufacturing Industrial Park is located in Yulin High-tech Zone Yuheng Industrial Zone, covers an area of about 1,000 acres, is another large-scale industrial park invested and built by The Three Gorges Group after the Fujian Three Gorges Offshore Wind Power Industrial Park and the Inner Mongolia Wulanchabuyuan Network Load-Storage Integrated Modern Energy Industrial Park.

The performance of a number of lithium battery companies has doubled, and the leading enterprise of cathode materials "does not close during the Spring Festival"

Financial Associated Press january 28 news, in the strong market demand, a number of domestic lithium battery cathode materials listed companies reported good results, Dangsheng Technology, Ronbay Technology and so on are expected to double the performance. On January 26, Xiamen Tungsten New Energy released the 2021 performance report showing that the company achieved revenue of 15.56 billion yuan, an increase of 94.7% year-on-year; Attributable net profit was 555 million yuan, an increase of 121.5% year-on-year. In 2021, the company's lithium cobalt oxide product sales continued to improve, benefiting from the increase in terminal demand, and the sales volume of ternary materials increased year-on-year. The relevant person in charge of Xiamen Tungsten New Energy said, "At present, we have put into production and can already be operating at full capacity, in order to meet the demand for downstream orders, 'no closing' during the Spring Festival, continue to work overtime." ”

CATL: Net profit in 2021 pre-increase of 151%-196% year-on-year

CATL announced that it is expected to have a net profit of 14 billion yuan to 16.5 billion yuan in 2021, an increase of 150.75% to 195.52% year-on-year. In 2021, the penetration rate of the new energy vehicle and energy storage market will increase, driving the growth of battery sales; market development has made progress, new production capacity has been released, and production and sales have increased accordingly. Small financial note: Q3 net profit of 3.267 billion yuan, according to this calculation, Q4 net profit is expected to be 6.249 billion yuan - 8.749 billion yuan, an increase of 91% - 167% month-on-month.

Tianlong Co., Ltd.: The first project of the collaborative development of the IGBT functional module is currently indirectly supplied to Honda's next-generation hybrid new energy vehicles

Tianlong shares said on the interactive platform that the company and customers to develop the IGBT function module, the first project is currently indirectly supplied to Honda's next-generation hybrid new energy vehicles, including Guangqi Honda, Dongfeng Honda related models.

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