Shulou(Shulou.com)11/24 Report--

CTOnews.com September 16 news, this afternoon, the Ningde era fell by more than 1% in late trading, falling below the previous fixed price increase of 410 yuan, and the total market capitalization fell below the trillion yuan mark. The data show that the Ningde era has fallen by more than 26% since its high on August 24, and the market capitalization has lost more than 340 billion yuan.

CTOnews.com learned that Ningde Times New Energy Technology Co., Ltd. was established in 2011, focusing on the R & D, production and sales of power battery systems and energy storage systems for new energy vehicles. The core technologies include the R & D and manufacturing capabilities of the whole industry chain, such as power and storage batteries, materials, batteries, battery systems and battery recycling.

According to the domestic power battery enterprise loading data released by the China Automotive Power Battery Industry Innovation Alliance, in August 2022, Ningde era vehicles reached 12.99GWh, accounting for 46.79%, accounting for 46.79%. From January to August 2022, Ningde era vehicles reached 76.90GWh, accounting for 47.45%.

According to financial data released by Ningde Times, in the first half of 2022, Ningde era's revenue was 112.97 billion yuan, an increase of 156.32% over the same period last year, while the net profit belonging to listed shareholders was 8.168 billion yuan, up 82.17% from the same period last year.

According to the latest data from energy market research firm SNE Research, the global power battery market reached 59 trillion won (296.7 billion yuan) in the first half of this year, of which Ningde Times ranked first with a market share of 30% (17.9 trillion won).

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