Talks with Tesla? "King Ning" was furious: malicious rumors, has called the police!

Everyday Finance exclusive, quick attention

Recently, the Ningde era has been non-stop. Following the rumors of being sanctioned by the United States, it was also rumored that it was excluded from the ChiNext weight index, negotiated with Tesla orders, and since the beginning of the Year of the Tiger, the stock price has "fallen and fallen", and the market is also a fog to see the flowers - can "lithium battery Mao" still play?

The latest research report of CITIC Securities pointed out that without fear of short-term adjustment, the fundamentals of the leader continue to improve. In terms of new technology routes such as solid-state batteries, lithium metal batteries, and cobalt-free batteries, CATL has a forward-looking layout. It is expected that in 2022, CTP, CTC and other technologies will improve the energy density of batteries, and sodium-ion batteries and power exchange schemes are expected to accelerate the introduction.

Market rumors keep coming

On February 13, CATL issued an announcement that a series of malicious rumors about CATL being sanctioned by the United States, being excluded from the ChiNext weight index, and negotiating with Tesla have recently appeared on the online platform, which have caused market misunderstandings and misinterpretations and affected corporate reputation. Rumors are unfounded, unfounded, and of a bad nature. On February 12, 2022, the company has officially reported the case to the public security organs and will pursue legal responsibility for the rumor-mongers in accordance with the law.

Image source: CATL Times Announcement

China Securities News and China Securities Taurus reporter learned from a number of industry insiders that most of the car companies signed by Catalonia times with Tesla and other car companies are long-term associations, and there will not be much change in the short term.

According to the announcement released by CATL on June 28, 2021, in order to further extend and deepen the friendly cooperation between the two parties, the company and Tesla signed the Production Pricing Agreement (the "Agreement") on June 25, 2021. The agreement stipulates that the company will supply lithium-ion power battery products to Tesla from January 2022 to December 2025.

According to the data recently released by the agency, the global battery installed capacity of the Ningde era will reach 96.7GWh in 2021, with a market share of 32.6%, ranking first in the world for five consecutive years.

Institutions are more divided

Since the opening of the Year of the Tiger, the stock price of Ningde Times has "fallen and fallen", and 4 of the 5 trading days have fallen. As of February 11, catalpines's stock price has pulled back 17.32% from the closing price on January 28.

The market has also had a big divergence over the Ningde era. Capital Securities recently issued a research report on the short Ningde era, saying that it still has 20% room to fall in the future, and it is recommended to ship at a high price.

UBS believes that the recent decline of catheter era is caused by the correction of the beta value of the ChiNext board in the sector rotation of growth stocks to value stocks, and it is expected that the consensus profit forecast of CATL in fiscal 2022 has a lot of room for revision.

Industry insiders said that the 2021 performance forecast disclosed by CATL shows the company's strong cost control ability and product premium ability in the industry.

CATL expects net profit in 2021 to be 14 billion to 16.5 billion yuan, an increase of 150.75% to 195.52% year-on-year. This is the highest net profit level since the listing of CATL in 2018. Previously, the average profit forecast of MANY institutions for CATL in 2021 was 11.23 billion yuan, a year-on-year growth rate of 101.14%. This also means that the performance of the Ningde era far exceeds market expectations.

It is worth noting that on January 18, Times Electric Service, a wholly-owned subsidiary of CATL, released the power exchange service brand EVOGO and the overall solution of combined power exchange. The "Chocolate Swap Block" can be adapted to models developed by 80% of the world's pure electric platforms that have already been listed and will be launched in the next three years. At the same time, CATL also participated in the financing of Avita, a subsidiary of Changan Automobile.

According to industry insiders, the NINGDE era is expected to change the business model of new energy vehicles and open up business space; investing in new energy vehicles will also create new momentum for the company's development. In the future, the research and development and production of sodium-ion batteries will bring a greater valuation premium to the company.

Editor: Ya Wenhui