Express News | Shanghai Putailai New Energy Technology: The integrated construction project for the annual production of 0.1 million tons of high-performance lithium-ion Battery Anode Material will be delayed and continue to be implemented.
The expectation of rising prices for Anode Material is gradually emerging, and Analysts say that the prices of Lithium Batteries may have already bottomed out.
① According to multiple interviews by the Financial Association reporters, the expectation of price increases in the Anode Material industry is gradually emerging. An Analyst predicts that some models of Anode Material may see slight increases in Q1 next year, with leading companies' processing fees expected to rise by 500 to 1000 yuan/ton in January. ② Citibank Analysts released a research report stating that Lithium Battery prices may have bottomed out and could see slight increases by 2025.
Shanghai Putailai New Energy Technology (603659.SH): The company has developed low α-radiation spherical aluminum oxide for its nano aluminum oxide Business, which can be used in HBM chip packaging adhesive fillers.
On December 24, Glonghui reported that Shanghai Putailai New Energy Technology (603659.SH) stated on the investor interaction platform that there are many challenges in cross-industry attempts. The company's business mainly revolves around providing comprehensive solutions for key materials and automated process equipment for New energy Fund batteries, serving and quickly responding to customer needs. At the same time, based on the experience and technical accumulation in the industrialization of automated process equipment, it provides process technology collaboration for the company's material business development. On this basis, the company's equipment business has expanded into fields such as perovskite CECEP Solar Energy equipment and hydrogen energy equipment. The company's material business is also based on its process manufacturing and products as much as possible.
Shanghai Putailai to Appeal Swedish Rejection of Battery Factory
Lithium battery companies face obstacles in going overseas! Shanghai Putailai's investment of 0.1 million tons in Anode Material in Sweden was rejected, and plans to appeal will be proposed | Quick read the announcement.
① Shanghai Putailai New Energy Technology plans to terminate the implementation of the 0.1 million ton Anode Material integrated production base project in Sweden; ② The company cannot fully agree to the conditions proposed by the Swedish Strategic Product Surveillance Authority concerning the company's planned investment project under the Swedish Foreign Direct Investment Law; after unsuccessful negotiations, the investment project was not approved; ③ The company intends to appeal to the Swedish government and will continue to monitor overseas markets, looking for opportunities to establish overseas production capacities.
Shanghai Putailai New Energy Technology (603659.SH): plans to terminate the integrated production base project for 0.1 million tons of lithium-ion Anode Material in Sweden.
On December 19, Gelonghui reported that Shanghai Putailai New Energy Technology (603659.SH) announced that on December 3, 2024, the Swedish Strategic Products Inspectorate raised multiple requirements regarding the company's investment project, involving the equity control of Swedish Zicheng, the composition of the management team, the attribution of R&D results, and regulatory arrangements. After careful evaluation and in-depth discussions, the company believes that these requirements present significant challenges both from a business logic and practical operation standpoint, and proposed more actionable solutions. However, in further communication with the Swedish Strategic Products Inspectorate, the company was unable to reach an agreement on the feedback provided.
Soochow: The supply and demand reversal in the lithium battery industry is imminent, and a bullish outlook is strong.
Soochow Securities stated that the demand in the lithium battery industry has exceeded expectations, with a non-weak season from November to December. The demand for 2025 has been revised up to over 30% growth, and the current valuation is at the profit bottom. Industry leaders are showcasing significant technological innovation and cost advantages, with profitability set to recover first. A supply-demand reversal is imminent, and there is strong bullish sentiment.
Express News | Shanghai Putailai New Energy Technology: The integrated production capacity of 0.1 million tons of anode material for Sichuan Zichen Phase I will be gradually completed and put into operation by the end of the year.
Shanghai Putailai New Energy Technology (603659.SH): The silicon-carbon anode products have been shipped in small batches and are currently mainly supplied to leading consumer electronics customers.
Pudailai (603659.SH) stated on the investor interaction platform on November 29 that the company's silicon-carbon anodes have been shipped in small quantities, mainly supplying top downstream consumer electronics customers. The company is actively promoting the construction progress of the silicon-based anode project in Wuhu, Anhui, and will gradually enter the equipment installation and commissioning phase. It is expected that the first batch of silicon-carbon anode production capacity will be put into operation in the first half of 2025.
Another major battery player is entering the solid state battery industry, which may give birth to significant investment opportunities.
eve energy co.,ltd. expressed on the interactive platform that the company has already carried out technical layout in the field of solid state batteries and made relevant industrial planning. The company plans to achieve a technological breakthrough in 2026, launching high-power, high environmental tolerance, and absolutely safe all solid state batteries, mainly used in the hybrid power field.
Shanghai Putailai New Energy Technology (603659): Operating stabilizes, gradual recovery can be expected
Event description: Shanghai Putailai New Energy Technology released the 2024Q3 financial report, with revenue of 3.509 billion yuan, a year-on-year decline of 9.62% and a month-on-month growth of 6.41%; net income attributable to the parent company was 0.381 billion yuan, a year-on-year increase of 17.31% and a month-on-month decline of 7.
shanghai putailai new energy technology (603659.SH): It is expected that in early 2025, the first batch of silicon-carbon negative electrode capacity may be completed and put into production.
GLENCORE, November 12 - Shanghai Putailai New Energy Technology (603659.SH) stated on the investor interaction platform that the current market generally requires composite graphite anode materials after the use of silicon-carbon anode materials. The company's silicon-carbon anode materials can meet the requirements of 3-4C usage in the cell after compounding. The company's new type of silicon-carbon anode material exhibits high performance characteristics such as high capacity, low expansion, and long cycle life, making it one of the few domestically capable of mass production. In addition to being used in high-end consumer lithium-ion batteries, it can also be adapted to semi-solid/solid state batteries, providing strong competitive advantages. Currently, the company's silicon-carbon anode products have been supplied in small batches to downstream consumer electronics customers, silicon-carbon anode
shanghai putailai new energy technology (603659): Q3 performance dragged down by impairment, new production capacity expected to improve profitability.
Event: The company issued an announcement on the progress of the guarantee provided by its subsidiary. The company's controlling subsidiary, Jiatu Asia Vets, provided a guarantee to its wholly-owned subsidiary, Shenzhen Xinjiatu, which is not considered a related guarantee. The amount of guarantee provided by Jiatu Asia Vets to Shenzhen Xinjiatu in this instance is 8 million.
Express News | Shanghai Putailai New Energy Technology: Intends to waive the preemptive purchase right of equity of associated companies.
Express News | JPMorgan Securities Co., Ltd. downgraded shanghai putailai new energy technology to Underweight, with a target price of 13 RMB.
Express News | Major progress for solid state batteries, 10 concept stocks expected to achieve year-on-year growth of over 10% for the whole year.
Shanghai Putailai New Energy Technology (603659): Performance meets expectations, cash flow improves.
The 2024 third quarter report of the company meets expectations. The company achieved a revenue of 9.84 billion yuan in 24Q1-Q3, a year-on-year decrease of 15.8%; achieved a net income attributable to the parent of 1.24 billion yuan, a year-on-year decrease of 24.0%.
Express News | The first active equity fund quarterly report has been released.
shanghai putailai new energy technology (603659): Q3 cash flow improved year-on-year, negative pole profitability is expected to rebound.
Event: The company released the third quarter report of 2024, with a revenue of 9.84 billion yuan for 2024Q1-Q3, a year-on-year decrease of -15.81%; achieving a net income attributable to the mother of 1.239 billion yuan, a year-on-year decrease of -23.97%. Q3 single
A-share anomaly | Shanghai Putailai New Energy Technology surged more than 7% on high volume, with a 17.3% year-on-year increase in Q3 profit.
On October 18th, Shanghai Putailai New Energy Technology (603659.SH) surged over 7% to 14 yuan, with a trading volume expanding to 0.627 billion yuan, and the total market value returning to 30 billion yuan. The company announced after hours yesterday that in the third quarter, revenue reached 3.509 billion yuan, a year-on-year decrease of 9.62%; net income attributable to shareholders of the listed company was 0.381 billion yuan, a year-on-year increase of 17.31%. As of September 30, 2024, the total liabilities of Shanghai Putailai New Energy Technology were 23.282 billion yuan, a decrease of 5.33% compared to the same period last year, with accounts receivable amounting to as much as 3.761 billion yuan. (Gelonghui)