301358 Hunan Yuneng New Energy Battery Material
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Hunan Yuneng New Energy Battery Material News
We Think That There Are More Issues For Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Than Just Sluggish Earnings
Hunan Yuneng: Semi-Annual Report 2024
Hunan Yuneng: Summary of the 2024 Semi-Annual Report
Hunan Yuneng (301358.SZ): The net income in the first half of the year was 0.389 billion yuan, a year-on-year decrease of 68.57%.
Hunan Yuneng (301358.SZ) released its semi-annual report for 2024, reporting revenue of 10.782 billion yuan for the reporting period, a year-on-year decrease of 53.48%; net income attributable to shareholders of the listed company was 0.389 billion yuan, a year-on-year decrease of 68.57%; net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.38 billion yuan, a year-on-year decrease of 68.82%; and basic earnings per share was 0.51 yuan.
Soochow Securities: Bullish on the strong domestic sales of electric vehicles, expecting production to increase further in the Q3 peak season.
In August, the production capacity of the electric vehicle industry is expected to increase by about 5% compared to the previous month, in preparation for the peak sales season in the automobile industry in September and October. In addition, with strong demand for energy storage both domestically and internationally, it is expected that the industry will further increase in September, with a quarter-on-quarter growth rate of 10-20% in Q3. It is expected that the prosperity will continue until November.
When will the inflection point of lithium carbonate prices arrive after breaking the key "cost line" of 0.08 million yuan?
The industry generally believes that 0.08 million yuan/ton is the supply-demand balance cost line for the lithium carbonate industry.
Is Weakness In Hunan Yuneng New Energy Battery Material Co.,Ltd. (SZSE:301358) Stock A Sign That The Market Could Be Wrong Given Its Strong Financial Prospects?
Hunan Yuneng (301358.SZ) has made a reasonable production capacity layout in areas with advantages in resources, energy, logistics, etc.
On August 9th, Gelunhui reported that Hunan Yuneng (301358.SZ) stated on the investor interaction platform that in recent years, the company has reasonably arranged production capacity in areas with advantages in resources, energy, logistics, and other aspects, and local governments have also provided the company with various forms of support, helping the company to develop rapidly. The company's copper smelting project, iron phosphate, and phosphate cathode material projects in Guizhou are expected to be built in multiple phases. One phase plans to build a copper smelting plant with an annual capacity of 0.2 million tons, co-producing 0.8 million tons/year of sulfuric acid and 0.8 million tons/year of steam. The construction of subsequent projects will be phased according to the first phase of the project and market demand.
Hunan Yuneng (301358.SZ): Guizhou has abundant phosphorite resources and numerous phosphorus chemical enterprises, which have a high demand for sulfuric acid.
Yunneng (301358.SZ) of Hunan said at an investor relations event on August 2nd that copper smelting is one of the main sources of sulfuric acid production, and there are currently no large-scale copper smelting companies in Guizhou. However, Guizhou has abundant phosphorus ore resources and numerous phosphorus chemical enterprises, with a high demand for sulfuric acid. As sulfuric acid is a hazardous chemical, it has economic transportation radius and sales region characteristics, resulting in relatively high sulfuric acid prices in the Guizhou region that include transportation costs. The company is laying out copper smelting in Guizhou, partly due to the strong ability of the company to consume sulfuric acid; and on the other hand, sulfuric acid, as a by-product of copper smelting, can be used for the company's production.
Hunan Yuneng (301358.SZ): has moderately carried out hedging business of lithium carbonate futures.
On August 2, Gelunhui reported that Hunan Yuneng (301358.SZ) stated during an investor relations event that the company has moderately conducted carbonated lithium futures hedging business based on its own production and operation situation and the carbonated lithium market, with the aim of reducing potential risks caused by fluctuations in raw material prices for the company's operations.
Hunan Yuneng (301358.SZ): The company has basically achieved all self-supply of iron phosphate.
On August 2, Gelon Hui reported that Hunan Juneng (301358.SZ) stated in an investor relations activity that the company's iron phosphate has basically achieved full self-sufficiency and has certain advantages in terms of cost and quality.
Yuneng (301358.SZ) in Hunan province: The work progress of exploration, transformation and mining in Dashi Phosphorus Mine in Guizhou is actively being promoted.
Yuneng (301358.SZ) in Hunan stated in an investor relations event that they have already obtained a mining license for the Huangjia Po Phosphate Mine in Guizhou, with a designed production capacity of 1.2 million tons of phosphate ore per year. It is expected to achieve large-scale mining in the second half of 2025. The work progress of exploration, conversion, and mining of the Dashichang phosphate mine in Guizhou is being actively pushed forward.
Market Chatter: LG Energy Solution Mulls Partnerships With Chinese Firms for Low-Cost EV Battery Production
Yuneng (301358.SZ) in Hunan is actively pushing forward the progress of exploration, transformation and mining of phosphate mines in Guizhou.
On July 19, Genial Group reported on the investor interaction platform that Hunan Yuneng (301358.SZ) is actively promoting the progress of the exploration and mining stages of the Dashichang phosphate mine in Guizhou.
Hunan Yuneng (301358.SZ): The company has planned to build a 0.05 million ton per year cathode material project for lithium batteries in Spain.
On July 19th, Ganlonghui reported that Hunan Yuneng (301358.SZ) announced on the investor platform that the company has planned to build a lithium battery cathode material project with an annual output of 0.05 million tons in Spain. The implementation of this project will meet the localization supply needs of overseas customers, enhance the company's overseas localization manufacturing capabilities, and promote the company's global competitive advantage.
Hunan Yuneng (301358.SZ): The industry's internal competition is severe, which has intensified the urgency of cathode material enterprises to tap potential and reduce costs.
On July 16th, Hunan Yuneng (301358.SZ) stated at an investor relations event that the industry is severely inwardly-focused, which has intensified the urgency for cathode material companies to tap into cost-saving potential. The company's investment in a copper-smelting project will innovatively utilize the high coupling between the copper-smelting industry and the phosphate cathode material industry, promote the complementary advantages between the two industries, and then achieve the ultimate cost reduction of the company's phosphate cathode materials business. This will generate new productive forces with a new industrial ecology, continuously empowering the company's main business development. Specifically, during the copper smelting process, by-products such as sulfuric acid and steam will be generated, which the company can use for its own production.
Here's Why Hunan Yuneng New Energy Battery MaterialLtd (SZSE:301358) Has A Meaningful Debt Burden
Sodium-electric and semi-solid, half flame and half seawater | Jianzhi Research
Thanks to the new energy autos achieving a record high in delivery, the production, sales and installation volume of power batteries also hit a new high in June this year in all dimensions.
Hunan Yuneng (301358.SZ): The company has laid out a project for the production of 0.05 million tons of cathode materials for lithium batteries in Spain and is currently intensifying the relevant early-stage approval work for the project.
During a specific research event, Hunan Yuneng (301358.SZ) stated that lithium iron phosphate batteries have gradually gained recognition in the overseas market due to their outstanding cost-effectiveness and safety performance. More and more international automotive companies are choosing to import lithium iron phosphate batteries, which bodes well for its future broader prospects as it may occupy a more important position in the overseas market. The company has established an annual production of 0.05 million tons of lithium battery cathode material project in Spain and is currently accelerating the project-related approval process.
Yunnan Younten Energy (301358.SZ): The research and development progress of the company's lithium iron phosphate products is smooth, and significant breakthroughs have been made especially in performance such as manganese dissolution, high-temperature cyc
On July 10th, Glonhui reported that Hunan Yuneng (301358.SZ) stated during a specific research event that with the continuous advancement of new energy fund battery technology, the company continues to promote product iteration and innovation and has introduced a series of new products to the market. First is the CN-5 series, which is a new energy fund storage-type product that has significant advantages in terms of cycle life, energy efficiency, and energy density, which will help improve the energy conversion efficiency and service life of the battery to meet downstream customers' pursuit of improving the battery's overall life cycle value. Second is the company's YN-9 series product, mainly characterized by high energy density and mainly applied to power type.
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