Jiwei network news (text / Zhang Zijie) On February 10, Hezhong Technology said on the investor platform that the proportion of old factories in Yacheng's shipments in the first half of the year was still relatively high, and the profits were not released before the third quarter because of the low-priced long orders signed at the end of 2020; starting in October, the 30,000-ton new production line completed the climb, and the product price also returned to the market price, and the sales volume and selling price rose sharply. At present, the company has completed the certification of most of the lithium battery supply chain, and the order is sufficient. On the other hand, the production capacity and demand of cobalt products are relatively stable, and the sales strategy is a combination of self-production and oem processing.
In addition, Hezhong Technology said that the company's copper consumption is affected by specific orders; self-produced copper first ensures a certain proportion of raw materials for the company, and the rest will be supplied to other cooperative enterprises as appropriate.
According to the data, Hezhong Technology is engaged in the manufacture of power distribution and control equipment and related technical services, the research and development, manufacturing and sales of lithium battery cathode material precursors. Hezhong Technology produces and sells outdoor medium and high voltage (12 ~ 40.5kV) power distribution and control equipment, the main products include ring network cabinets, column switches (outdoor switches), box substations, transformers, other switches, cable accessories, etc., a total of six categories of 20 series of products.
It is reported that the company's lithium battery materials sector is mainly carried out through independent research and development. Hunan Yacheng, a subsidiary of Hezhong Technology, has a technical center, which mainly researches and develops the production process technology of high-voltage cobalt tetroxide and high-compacted iron phosphate products such as doped cobalt tetroxide, doped cobalt hydroxide, G01X high compaction iron phosphate, YCP-102 iron anhydrous phosphate, B15X iron anhydrous phosphate and other high-voltage cobalt tetroxide and high compaction iron phosphate products.
Hunan Yacheng also cooperates with Central South University and Changsha Mining and Metallurgical Research Institute in terms of technical and talent training, and conducts independent research and development on the basis of technical advice and guidance, laying a solid foundation for the research and development of production process technology for new products. In addition, the main customers of Hunan Yacheng's iron phosphate products include Qinghai Taifeng, Beiterui, Guoxuan Hi-Tech, etc. Taifeng Xian is an important cathode material supplier in the Ningde era. (Proofreading | GY）
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