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Crowd enterprises compete to establish "new companies", and the number of energy storage companies may usher in a "big outbreak"

 Last Update: 2023-01-04
 Source: Internet
 Author: User

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【Chemical Machinery and Equipment Network Market Analysis】Recently, new energy, visual processing, engineering machinery, automobile manufacturing, optical fiber cable and other related enterprises have established "new companies" or "joint ventures", such as Penghui Energy to establish an energy storage company, Wolong Electric Drive to establish a new company for energy storage systems, China Nuclear Titanium Dioxide to establish an energy storage company, Zoomlion 500 million to establish a new company, Volkswagen's software subsidiary plans to establish a joint venture.
.
.

Due to the rapid growth of the new energy vehicle and energy storage markets, and with the help of policies, the energy storage industry has accelerated its development this year, and the number of energy storage projects has surged
.
With the explosive growth of downstream demand, leading enterprises in various domestic industries have set off an upsurge
in the field of energy storage.
The recent establishment of "energy storage companies" by many companies can also be well demonstrated
.

Penghui Energy established an energy storage company

In order to further deepen the layout of energy storage, Guangzhou Penghui Energy Technology Co.
, Ltd.
(hereinafter referred to as "Penghui Energy") invested 100 million yuan, held 100% of the shares, and established Guangzhou Penghui Energy Storage Technology Co.
, Ltd.
(hereinafter referred to as "Penghui Energy Storage Technology").

According to the public information of the enterprise investigation, the relevant energy storage business of the new company includes energy storage technical services, sales of new energy original equipment, battery sales and centralized fast charging stations
.

As one of the first companies in lithium battery companies to enter the energy storage industry, Penghui Energy has gradually moved closer to energy storage since 2020 in terms of energy storage revenue, and the proportion of revenue has increased
year by year.
In 2020, the proportion of energy storage revenue to total revenue was 18%, which increased to 31% in 2021 and 50%
in the first half of 2022 alone.

In the future, with the further improvement of the energy storage strategy and the further implementation of the energy storage business, the proportion of energy storage revenue will be further increased, and it is expected that the long-term planning can be increased to more than
80%.

Wolong Electric Drive invested 80 million yuan to establish a new company

Recently, Wolong Electric Drive issued an announcement that the company intends to establish Zhejiang Wolong Energy Storage System Co.
, Ltd.
as a joint venture with Shenzhen Qianyi.

The company invested 80 million yuan, holding 80% of the shares, and Shenzhen Qianyi invested 20 million yuan, holding 20%
of the shares.
According to public information, the company's business scope includes the research and development, production and manufacturing of energy storage electrical products and equipment, and the integrated development of
energy storage systems.

For the new company established this time, Wolong Electric Drive said that this foreign investment is to further improve the company's industrial layout, promote the sustainable and healthy operation and development of the energy storage business, and improve the joint operation capacity
of the photovoltaic energy storage business.
Funding is self-funded or
self-funded.

CNNC Titanium Dioxide established an energy storage company

As an important member of China's titanium dioxide industry, CNNC Huayuan Titanium Dioxide Co.
, Ltd.
(hereinafter referred to as "CNNC Titanium Dioxide") recently issued an announcement to invest 510 million yuan, 100% control, and set up a wholly-owned subsidiary - Huili Vanadium Energy Mining Co.
, Ltd.
(hereinafter referred to as "Huili Vanadium Energy"
).

In response to the establishment of Huili Vanadium Energy Company, CNNC Titanium said that it is to make full use of the abundant vanadium and titanium mineral resources in the area west of Panzhihua, improve the energy storage strategy, build a vanadium and titanium industry ecosystem, and promote the development of
energy storage technologies such as all-vanadium flow batteries.

Point by point semiconductor was restructured into a joint stock limited company

Focusing on mobile phone vision processing chips, video transcoding chips, etc.
, Point-by-Point Semiconductor (Shanghai) Co.
, Ltd.
(hereinafter referred to as "Point-by-Point Semiconductor") was established
in Zhangjiang, Shanghai.
It is reported that the transformation of point-by-point semiconductor into a joint stock limited company is a major milestone on the company's road to listing, and will further improve the business ecology to promote the plan
to land on the science and technology innovation board as scheduled.

According to the author's understanding, 3LCD projector is the company's traditional strong business, and the mobile phone vision processing chip produced by the company can be used for the display needs
of mobile phone products at different levels.
The company hopes to serve a broader and more cutting-edge market
with advanced display technology.
In the future, the company will also deploy XR equipment, in-vehicle display systems, and video transcoding businesses to meet the growing demand
for display technology in emerging markets.

Zoomlion established a new company with 500 million yuan

In recent years, China's construction machinery main engine factories have entered the field of new energy construction machinery, such as the construction machinery industry leader Sany Group, in addition to cooperating with upstream battery companies, in August this year also through the establishment of a new company "Sany Lithium Energy", directly into the lithium battery and energy storage sector.
.
.

Recently, Hunan Zoomlion New Energy Development Co.
, Ltd.
was established with a registered capital of 500 million yuan, which is 100% controlled
by Zoomlion.
The business scope includes power generation business, transmission business, hydroelectric power generation, energy storage technology services, etc
.
In fact, Zoomlion's layout in the field of new energy has long been traced, and by the time of the establishment of the new company, the company had released more than 50 new energy products
.

Volkswagen's software subsidiary plans to establish a joint venture

CARIAD and Horizon, the software subsidiaries of the Volkswagen Group, plan to form a joint venture to improve their software development and production, with CARIAD being the majority shareholder in the new joint venture with a 60 percent
stake.
The Volkswagen Group said it plans to invest approximately EUR 2.
4 billion in the partnership, which is expected to close in
the first half of 2023.

Volkswagen has been cleaning up its sprawling business to free up money for battery and software capabilities
.
Over the past 1 year, enterprises have tried to dramatically improve their computing and software capabilities
.
More critically, there was a major shift in the group's leadership to better focus on software improvements
.

Vodafone forms a joint venture with Altice

Britain's Vodafone and France's Altice said they would set up a joint venture in Germany called FibreCo to provide fibre-to-the-home broadband networks
to up to 7 million homes within six years.
Vodafone said the project, which is expected to last around 6 years, complements its existing hybrid fibre optic cable network upgrade plan and will reach speeds of up to 10GB
per second.

80% of the network will be concentrated in large homes interested in FTTH upgrades in Vodafone's existing hybrid fibre coaxial (HFC) cable network, while the other 20% will cover homes
outside of the enterprise's current coverage.

Original: Enterprises compete to establish "new companies" The number of energy storage companies may usher in a "big outbreak"

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