TU-TESL

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Slaker, which used to be mainly engaged in the manufacturing of high-speed easy to pull cover production line equipment, further accelerated the layout expansion in the field of new energy vehicles. On November 14, slaker, the "easy can giant", announced that the company signed the strategic cooperation agreement with the Management Committee of Feidong economic development zone and Hefei Lixiang Technology Co., Ltd. to invest in the project of annual production of 300 million aluminum cylindrical battery shells in Feidong economic development zone through the target company jointly funded, with a total investment of about 500 million yuan. For this investment, relevant staff of slake said in an interview with the Securities Daily: "the company's current advanced technology of can making, mold and intelligent detection equipment has many advantages over the traditional battery shell manufacturing technology of new energy batteries. The promotion of the above projects is based on the company's accumulated technical foundation of the whole new energy vehicle industry chain. At the same time, Hefei Lixiang, the partner of this cooperation, has a stable customer group in this field, and both sides will realize complementary advantages and promote resource sharing. " "The purpose of this investment is mainly to provide high-quality battery shell for aluminum cylindrical battery of lithium iron phosphate, rather than simply providing production equipment. So as to bring considerable profits to both sides and contribute to the development of Feidong County and the development of new energy vehicles in China. " Said the staff. According to the announcement, slake has key technologies and equipment in the new energy aluminum battery shell technology, and has decided to cooperate with Hefei Lixiang on the new energy aluminum battery shell project, supporting new energy batteries and building production and R & D bases. The Management Committee of Feidong Economic Development Zone strongly supports the cooperation between slake and Hefei Lixiang in terms of policies, land, services, taxes, etc., and helps the target company to manufacture and produce in Feidong County. The target company will promote the sustainable development of the new energy battery industry in Feidong County and create a stable and considerable tax revenue for the local area. At present, the target company Anhui Sixiang Battery Technology Co., Ltd. (hereinafter referred to as "the target company") has been established with a registered capital of 100 million yuan. Suzhou Xianlai new energy auto parts Co., Ltd., a wholly-owned subsidiary of the company, holds 51% of its equity, while Anhui Lixiang battery Technology Co., Ltd., a holding subsidiary of Hefei Lixiang, holds 49% of its equity. In the later stage, the Management Committee of Feidong Economic Development Zone (or its designated institution) will invest 100 million yuan into the target company, and the proportion of equity will be determined according to the target company's valuation. "The investment of the project is implemented in stages, supported by government funds, and supported by bank financing. It is not expected to cause pressure on the company's finance." "If the project reaches production and sales, it is expected to generate an annual income of about 200 million yuan and a profit of about 50 million yuan or more," the staff told Securities Daily "The long-term development prospect of new energy vehicles is good. And new energy battery manufacturers have been looking forward to Shrek using its technological advantages to help new energy battery shell companies develop production equipment in the past few years. " The staff told Securities Daily. Founded in 2004, Shrek is mainly engaged in the research and development, design, production, assembly and commissioning of high-speed easy-to-pull covers, cans and other metal packaging production equipment, as well as the research and development, processing and manufacturing of relevant precision molds, intelligent detection equipment and spare parts. In recent years, relying on the accumulated research and development achievements and production experience in the field of packaging production equipment, as well as the optimistic outlook on the new energy vehicle related industry chain, the company is actively extending to the production equipment and manufacturing industry of other metal packaging products such as new energy vehicle battery shell. In March 2018, slake made a bold attempt to enter the new energy automobile industry for the first time. It plans to invest in and set up a wholly-owned subsidiary in Suzhou City, called "Suzhou Shaxian Automobile Development Co., Ltd." with a registered capital of 100 million yuan. The company invested by its own capital, accounting for 100% of the equity ratio of Shaxian automobile company. In September 2018, slake signed a contract with the people's Government of Fengquan District, Xinxiang City, Henan Province Strategic cooperation agreement, the company plans to cooperate with Fengquan district government in the field of new energy cylindrical battery steel shell and precision structure. By June of this year, slake further accelerated the layout expansion in the field of new energy vehicles. The company plans to issue convertible bonds with a total amount of raised funds of no more than 400 million yuan, which will be used for the production line project of cans, covers and battery shells and to supplement the working capital. "The successful implementation of the new energy battery shell project with convertible bond layout will help to further improve the quality, production capacity and business scale of the company's products, and serve the needs of Xinxiang and Hefei projects invested in the company's new energy battery shell. While meeting the market demand, it will further improve the profitability and scale of the company. After the investment project is put into production, the comprehensive strength of the company will be significantly enhanced and the leading position of the industry will continue to be consolidated. " The above staff told Securities Daily. "The new energy automobile industry is still growing under the condition of difficult automobile production and marketing in China this year, which reflects the huge development potential of new energy automobiles in the future. It shows that Shrek will have a great development space in this field. " "The next 10 to 20 years will be a good time for the development of new energy vehicles, including all electric, plug-in and battery vehicles, which is a major trend of globalization," said the staff. As for electric vehicles, cylindrical batteries, square batteries and soft pack batteries, as well as batteries with different electrode materials, will be tested in development. Those types that meet the market and customer needs will win. " Referring to the future investment plan of slake in the automobile industry, the above staff told the Securities Daily, "the company will continue to adhere to the use of technical advantages, extend to other metal forming products manufacturing industries such as new energy vehicle battery shell, and strive to become a professional part manufacturer in the new energy industry." "The company first combines its own advantages and technologies to build a base in Xinxiang and Hefei, and strive for early benefits and give back to investors," it said. In the future, it will be further determined according to the development of the whole industry and the specific situation of the company. " A kind of