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    Home > Chemicals Industry > China Chemical > Huasheng lithium battery 5 billion electrolyte additive project started

    Huasheng lithium battery 5 billion electrolyte additive project started

    • Last Update: 2023-01-04
    • Source: Internet
    • Author: User
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    【Chemical Machinery and Equipment Network Market Analysis】According to Yunmeng County Rong Media Center, recently, the groundbreaking ceremony of Huashengxianghe new energy materials project was held
    in Xiaogan Yunmeng, Hubei Province.
     
    The project is invested and constructed by Huasheng Lithium Battery (688353), with a total investment of 5 billion yuan, covering an area of 500 acres, divided into two phases, the first phase of investment of 400 million yuan, covering an area of 106 acres, mainly producing lithium battery electrolyte additives
    .

     
    Founded in 1997, Huasheng Lithium Battery is a high-tech enterprise
    focusing on the research and development, production and sales of lithium battery electrolyte additives.
    The company's products mainly include electronic chemicals and special silicones, which have highly covered China's domestic market, and are exported to Japan, South Korea, the United States, Europe, Southeast Asia and other countries and regions
    .

     
    In terms of production capacity, Huasheng Lithium Battery is actively expanding the production capacity of electrolyte additive products, and currently has two production bases in the first and second phases of Zhangjiagang and a wholly-owned subsidiary Taixing Huasheng, with a total annual production capacity
    of 5,000 tons of VC and FEC products.

     
    In terms of customers, the main customers of Huasheng Lithium Battery in the domestic market include lithium battery industry chain manufacturers such as BYD, Tianci Materials, CATL, Guotai Huarong, Shanshan Co.
    , Ltd.
    , as well as trading enterprises such as Jiangsu Huihong and Jiangsu Soho; Export customers include lithium-ion battery electrolyte manufacturers such as Mitsubishi Chemical, trading enterprises such as High Chemical, SKYE&M, and special silicone products such
    as Covestro, Evonik, and Merck.

     
    Among them, BYD has repeatedly transferred the equity of Huasheng Lithium Battery and obtained 1.
    6236 million shares of Huasheng Lithium Battery for 29.
    7 million yuan, with a shareholding ratio of 1.
    98%, ranking the 12th largest shareholder
    .

     
    In terms of performance, Huasheng Lithium Battery achieved operating income of 190 million yuan and net profit of 24.
    3313 million yuan in the third quarter of this year; in the first three quarters, the company achieved operating income of 703 million yuan and net profit of 226 million yuan
    .

     
    Original: Huasheng lithium battery 5 billion electrolyte additive project started
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