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

Thanks to CTOnews.com netizens pigeon for delivering the clues of Yong Zhi! CTOnews.com March 26 news, the global leader in power batteries and energy storage batteries Ningde Times recently released the 2022 results report. According to the report, the operating income of Ningde era reached 328.594 billion yuan in 2022, an increase of 152 percent over the same period last year, and the net profit of returning home was 30.729 billion yuan, an increase of 92.89 percent over the same period last year. At the same time, the company plans to increase 8 shares for every 10 shares and distribute 25.2 yuan in cash to all shareholders.

At the 2022 performance presentation on the afternoon of March 24, Zeng Yuqun, chairman and general manager of Ningde Times, said that the new energy battery has a wide range of applications, and the company culture is to "practice basic skills and give full play to imagination". New energy batteries have a wide range of applications, including "flying in the sky, swimming in the water, running on the ground and not running (energy storage). There is a lot of market space, and high-quality production capacity must be scarce." Zeng Yuqun said that the permeability of new energy vehicles is not equal to battery permeability, in addition to the permeability of new passenger cars, there is still more than ten times more room for battery applications in other areas in the future. The company has an extensive reserve of technology and products, and there are N application growth poles in the market.

CTOnews.com noted that Zeng Yuqun also responded to some market concerns. "We are promoting CTC, we will do the basic work for car manufacturers, we will not build cars, and at the same time, we will continue to innovate our business model and expand around the battery service sector," Zeng said.

In response to a question about the impact of the sharp price reduction and promotion of fuel vehicles on new energy vehicles, Zeng Yuqun said, "there are 1,000 sails passing by the sunken ship and 10,000 strong trees in front of the sick tree. it may have some impact on the electrification rate of new energy vehicles. The comprehensive competitiveness of new energy vehicles is already higher than that of fuel vehicles, high-quality supply continues to squeeze out, we are confident in the rapid growth of new energy vehicles, and the general trend of electrification rate remains unchanged."

On the company's "lithium mine rebate" program, Zeng Yuqun responded, "We are promoting communication with long-term strategic customers. [this action] is not to reduce prices, but because we have acquired some mineral resources and do not want to make exorbitant profits. Share with long-term strategic customers." Zeng Yuqun said that if the "lithium mine rebate" plan is successfully landed, which is beneficial to customers and the industry, the company's own mine can cover the lithium salt equivalent involved in the operation and will still maintain a reasonable profit level.

Zeng Yuqun also said that according to the special application requirements of individual customers, the company has successfully developed 4680, 4695 and other large cylindrical batteries. According to Zeng Yuqun, when tested compared with the same period last year, the cycle life of the company's large cylindrical battery is more than three times that of its domestic and foreign competitors, its energy density is more than 10% higher than that of its competitors, and its safety is much higher than that of its competitors and is close to Kirin batteries. The company's Kirin battery, in terms of energy density, safety performance, fast charging performance, cycle life, etc., far exceeds the 4680 and other large cylindrical batteries of domestic and foreign competitors.

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