In the past two years, with the support of the national new energy vehicle policy, domestic new energy vehicles such as BYD and Xiaopeng have achieved rapid development. What many people may not know is that the core part of new energy vehicles is the battery, and the manufacturer behind these new energy vehicle batteries is the Ningde era. Zeng Yuqun, the founder of the Ningde era, surpassed Ma Yun and Ma Huateng with a value of 320 billion yuan in the rich list released this year.
In fact, although CATL was founded in 2011, compared with Ali, Tencent and other enterprises, the company's development time is relatively short, but with the country's favorable policies and enterprises' emphasis on innovation awareness, it has developed rapidly. So what kind of enterprise is the Ningde era? Can the company's market value exceed that of Ali and Tencent?
<h1 class="pgc-h-arrow-right" data-track="27" > Zeng Liuqun, worth 320 billion</h1>
With the release of the Forbes Rich List this year, there has also been a fierce discussion on the ranking of the rich in China. In this list, Zhong Shuizuo of Nongfu Spring and Zhang Yiming of ByteDance are the first and second in the rich list, respectively, while Ma Huateng and Ma Yun, who have a relatively high degree of attention from the outside world, have won the fourth and fifth places. To some extent, this reflects the contraction of Tencent and Ali to a certain extent.
But the third ranked Zeng Yuqun with a value of 320 billion yuan has become the biggest dark horse in the rich list, to know that this person rarely appeared on the rich list before, but this time he can surpass Ma Yun and Ma Huateng. With the continuous deepening of media reports, Zeng Yuqun and the Ningde era he controlled have gradually appeared in the public eye.
<h1 class="pgc-h-arrow-right" data-track="26" > second, Ningde era introduction</h1>
Founded in 2011, CATL belongs to the lithium electronic battery manufacturing industry. After 10 years of rapid development, the company successfully completed the listing of the company in 2018. CATL has strong independent research and development capabilities and production capacity, the scale effect is prominent, the company has become a supplier of new energy vehicle companies at home and abroad, technical strength has been endorsed, has a wide customer base, so for two consecutive years (2018-2019) to become the world's first power battery supplier in shipments.
Taking the 2019 data as an example, Zeng Liuqun held 25.88% of the equity of Ningde Times through Ruiting Investment, and he and Li Ping acted in concert and jointly held 30.95% of the company's equity. The company and its subsidiaries have a total of 2369 domestic patents, and a total of 2913 patents are currently in the application, providing protection for the company's technological leadership. CATL is mainly based on independent research and development, has a complete R & D system, and has accumulated strong technical influence and brand influence.
For a long time, the battery business of the Ningde era has been at the forefront of China. Batteries belong to energy storage batteries from the point of view of use, according to the different places of use, can be divided into power batteries and energy storage batteries. According to public information, the operating income of the power battery system of the Ningde era accounts for more than 80% of the total operating income, which is the company's current pillar business.
CATL is a typical technology-oriented enterprise, how to retain and attract core technical personnel and management is a challenge for the company. For CATL, through the employee stock ownership plan, the core management and technical team of the company derived from the digital lithium battery leader ATL become the shareholders of the company, which is conducive to the implementation of the company's medium- and long-term development strategy and enhancing the stability of the core management team.
For example, in December 2015, CATL deliberated and approved the employee stock ownership plan, and 135 employees purchased 70.59 million shares of the company at a price of 2.125 yuan per share through the six employee stock ownership platforms set up, holding a total of 9.9% of the company's equity, and setting performance appraisal conditions and a 5-year service period.
After the company's listing, two restricted stock incentive plans were implemented on July 10, 2018 and July 3, 2019, and the incentive objects mainly included middle management personnel and core backbone employees. Through this series of efforts, the market value of CATL Times Company has exceeded 1.4 trillion yuan, and the company's revenue and profit in the first three quarters of this year were 73.3 billion yuan and 7.7 billion yuan, respectively, compared with last year, the company achieved a profit growth rate of 130%.
<h1 class="pgc-h-arrow-right" data-track="25" > third, accelerated development, the future can be expected</h1>
With the rise of oil prices in many parts of the country this year, new energy vehicles have received more and more attention from the state, and the national level has increased support for new energy vehicles, which is an excellent opportunity for the domestic new energy automobile industry. This will greatly promote the development of domestic new energy vehicles, and then promote the rapid development of the entire industry.
For Ningde Automobile, in addition to setting up a special research institute, it actively introduces outstanding talents at home and abroad and gives shares to these outstanding talents. At the same time, the company is also actively developing new materials and putting them into production. In addition, the company has also reached cooperation with some domestic equipment suppliers, led by the engineering center of the enterprise and independently designed custom machines and processes. In addition, there are also many cooperation between enterprises and downstream customers.
For example, CATL maintains long-term strategic cooperation with leading domestic car companies such as Yutong Group and SAIC Motor. In addition, in-depth cooperation with new car companies such as Weilai Automobile has also been carried out, laying a solid foundation for entering the field of intelligent vehicles. On the one hand, the rapid development of the automobile industry has made the consumption of oil more and more large, and it has also brought serious environmental pollution problems. Therefore, the new energy automobile industry with green environmental protection as the development concept is determined to win and is favored by the market.
On the other hand, the concept of intelligence has gradually penetrated into the development of automobiles, new energy vehicles are more sensitive than traditional vehicles, compared with traditional fuel vehicles, whether it is the number or the overall design, it gives electric vehicles a more comprehensive intelligent display platform. Especially under the leadership of Tesla, the intelligent development of electric vehicles is booming.
At the same time, although the cost of the energy storage battery business remains high, and there is still some room for exploration of its rigid demand, the cost of lithium batteries shows a downward trend, with the continuous expansion of the application field. This has also ushered in a precious development opportunity for the Ningde era, and the future can be expected.
<h1 class="pgc-h-arrow-right" data-track="24" > summary</h1>
In fact, one of the main reasons why the annual rich list will attract so much attention from the outside world is the development status of the industry represented by the big guy behind it, which has certain reference value for the majority of residents. For example, the main reason why Ma Huateng and Ma Yun fell out of the top three of their rich list is that the company's recent development has been punished by the relevant state departments.
For the dark horse Zeng Liuqun, the Ningde era in which it is controlled reflects that there is a broad space for development in the industrial chain related to new energy vehicles in China in the future. In this case, how to borrow the strength of domestic new energy enterprises to achieve overtaking in curves requires major enterprises to exert their skills. Finally, I would like to ask you, what do you think of the future development of new energy vehicles in China? You are welcome to join us in the comments section.