On September 13, Jianrui Fire (300116, SZ) announced that its wholly-owned subsidiary Shenzhen Waterma Battery Co., Ltd. (hereinafter referred to as "Shenzhen Waterma") and FAW Qingdao Automobile Co., Ltd. (hereinafter referred to as " FAW Qingdao ") signed a framework agreement for the procurement of power lithium batteries of nearly 500 million yuan. It is noteworthy that at the end of last month, August 30, Jianrui Fire just announced the completion of the acquisition of Shenzhen Waterma. In addition, on September 10, Jianrui Fire also announced that it will increase the investment of Shenzhen Waterma by 1.23 billion yuan. .
According to the "Daily Economic News" reporter, the purchase is actually part of a package of cooperation signed by FAW Qingdao and Shenzhen Waterma Innovation Alliance, and the entire package includes core components. Complete vehicle with pure electric logistics vehicles. The total purchase price exceeds 2 billion yuan. Shenzhen Waterma said that this is an iconic “ice-breaking†result in the industry since the beginning of the new energy vehicle industry in the beginning of this year.
It is understood that the companies within the Waterma Innovation Alliance cover the raw materials, core components, new energy accessories, photovoltaic power generation, equipment manufacturing, vehicle manufacturing and other fields of the new energy vehicle industry chain, as well as with new energy vehicles. The associated operating platforms, financial services, universities and research institutions have now gathered more than 600 core companies.
The alliance aims to establish a cooperation mechanism covering the entire energy industry chain. Li Yao, chairman of Shenzhen Waterma, believes that China's new energy automobile industry has entered the 2.0 era, and industrial development has shifted from policy-driven to market-driven, from scale competition. Quality competition, from individual combat to the Alliance Corps. It is foreseeable that this form of alliance cooperation will bring more convenience to participating companies.
â— Jianrui fire cross-border "open the door"
It is understood that the procurement framework agreement signed by Shenzhen Waterma and FAW Qingdao, the specific projects include power battery I assembly, power battery II assembly, power battery control unit assembly, maintenance switch assembly, BMS communication bus, Temperature acquisition module and vehicle data communication terminal assembly. The total number of the above items is 5,000. Jianrui Fire said in the announcement that the signing of this contract will be conducive to the development of its main business.
In addition, this contract is delivered in batches, and the delivery date is all in 2016. Shenzhen Waterma said that the signing of this contract will help to further consolidate the company's dominant position in the automotive power lithium battery industry. At the same time, it has a good demonstration effect for the company to improve profitability, optimize customer structure, continue to expand the market, and achieve strategic upgrade. The contract will have a positive impact on the company's 2016 profit. Shenzhen Waterma was established in 2002. Its business scope includes tangible movable property leasing; domestic commerce, material supply and marketing; operating import and export business; new energy vehicle charging facilities operations. Production and sales of lithium batteries (paste-free zinc-manganese batteries, nickel-cadmium batteries). It is also one of the first power lithium battery companies in China to successfully develop lithium iron phosphate new energy vehicle power battery, automobile starting power supply, energy storage system solution and to achieve large-scale production and batch application. It is in the market of lithium iron phosphate battery segment. The rate is second only to BYD and CATL. Its products supply China Mobile, China Unicom and China Telecom. They also carry out technical exchanges and cooperation with institutions such as State Grid and China Southern Power Grid in the application of energy storage power stations.
Shenzhen Waterma's total assets in 2015 reached 3.988 billion yuan, revenue was 2.061 billion yuan, and net profit reached 246 million yuan. And its revenue as of April this year has reached 1.419 billion yuan, and net profit reached 254 million yuan, which has exceeded the full year 2015 net profit. In addition, in 2015, Shenzhen Waterma's production of cell batteries ranked fifth in the world, accounting for 4.92%. At the same time, Shenzhen Waterma also said that it is actively carrying out new energy vehicle operation and maintenance business, layout new energy vehicle vehicle design, leasing and sales, operation and transportation, and filling and maintenance services, etc., and is expected to build a new energy vehicle industry system solution in the future. Integrated service provider.
Southwest Securities has published a research report saying that in the pure electric special model for the new product announcement of the Ministry of Industry and Information Technology, "Road Motor Vehicle Manufacturing Enterprises and Products Announcement" (No. 285), Shenzhen Waterma considers 23 models. It ranks first in the supply of power batteries and has a clear market-first advantage in the special-purpose vehicle market.
"Daily Economic News" reporter noted that on August 30, Jianrui Fire released the "Issuing Shares and Paying Cash to Purchase Assets and Raising the Implementation of Matching Funds and the Announcement of New Shares Listing", announcing the completion of the acquisition of Shenzhen Water Ma, officially cross-border new energy vehicles from the original fire protection field. The purchase price reached 5.2 billion yuan and received wide attention from the industry. At the time of the acquisition, Shenzhen Waterma also made a performance commitment and promised that its net profit of the parent company in 2016-2018 should be no less than 403 million yuan. 505 million yuan and 609 million yuan.
After September 10, only on the tenth day of the official announcement of the completion of the acquisition, Jianrui Fire announced that it would increase the capital of Shenzhen Waterma. Jianrui Fire said that this time a total of 1.23 billion yuan will be invested in Shenzhen Waterma, of which 400 million yuan will be used for Shenzhen Watmar subsidiary Shaanxi Watmar New Energy Co., Ltd. and Linyi City Waterma Battery Co., Ltd. The company's "Cylindrical Lithium Battery Production Line Project", two of which will each receive a capital increase of 200 million yuan. Another 830 million yuan will be used to repay the Shenzhen Waterma Bank loan and supplement its liquidity.
Jianrui Fire's operating income in 2015 reached 580 million yuan, an increase of 65.50% over 2014, and a net profit of 35.37 million yuan, an increase of 313.54% over 2014. In less than half a month after the official completion of the acquisition, it took a large order of 500 million yuan from Qingdao, and it was also a good start for Jianrui Fire.
â— Alliance mode opens the industry 2.0 era
The "Daily Economic News" reporter also learned that the cooperation between Shenzhen Waterma and FAW Qingdao is actually part of the 8+1.2 billion orders signed by the entire Waterma Innovation Alliance and FAW Qingdao.
â— Alliance mode opens the industry 2.0 era
The "Daily Economic News" reporter also learned that the cooperation between Shenzhen Waterma and FAW Qingdao is actually part of the 8+1.2 billion orders signed by the entire Waterma Innovation Alliance and FAW Qingdao.
It is reported that on September 13, the Waterma Innovation Alliance signed a cooperation agreement with China FAW Group in Hohhot, and the two sides decided to cooperate in the field of pure electric logistics vehicles. FAW Group signed contracts with seven companies including Shenzhen Waterma, Blue Ocean Huateng, Huaqiang Electric and Fast Track under the Waterma Innovation Alliance, and won more than 800 million yuan in contracts for core components such as batteries, electric controls and automotive air conditioners. In addition, Shenzhen Yunchuang Leasing and FAW under the Watermar Innovation Alliance signed a purchase agreement for 5,000 pure electric logistics vehicles, amounting to more than 1.2 billion. The Waterma Innovation Alliance said that this is a landmark “ice-breaking†result in the industry since the beginning of the new energy vehicle industry in the beginning of this year. It once again demonstrates the model innovation capability and industry influence of the Waterma Innovation Alliance in the marketization. .
The Waterma Innovation Alliance was established in October 2013. The alliance companies cover the raw materials, core components, new energy accessories, photovoltaic power generation, equipment manufacturing, vehicle manufacturing, etc. of the entire energy chain of the new energy vehicle. The operating platforms, financial services, universities and research institutions associated with new energy vehicles have gathered more than 600 core enterprises. The alliance aims to establish a collaborative mechanism covering the entire energy industry chain, and to lead the innovative development model of the new energy vehicle industry from five aspects: new materials, new structures, new power, new processes and new models. The pure electric logistics vehicle leasing model proposed by the alliance innovation, “ready-to-use, metering, mobile, and active charging†is a new model for the current market to promote new energy logistics vehicles, creating a car operation platform. The three-win situation of logistics enterprises and drivers.
The main contract of FAW Group is FAW Jiefang. As one of China's mature full-scale high-quality truck production bases, it has ranked among the world's first in terms of comprehensive strength and system capability. As early as March of this year, the Waterma Innovation Alliance and FAW Group reached a strategic cooperation. The two sides plan to conduct comprehensive and in-depth cooperation in the fields of electric buses, heavy trucks, light trucks, micro-surfaces and passenger vehicles. The signing of this contract means that the cooperation between FAW Group and Tema Innovation Alliance in the new energy vehicle market will be refined and deepened. Combined with the alliance leasing model, it is expected to lead the pure electric logistics vehicle market in terms of quality and diffusion.
The reporter further learned that this agreement is actually a start of the cooperation between China FAW Group and the Waterma Innovation Alliance to produce 5,000 pure electric logistics vehicles. Shenzhen Waterma, Shenzhen Lanhai Huateng Technology Co., Ltd. (300184, SZ), Hunan Huaqiang Electric Co., Ltd., Guangzhou Amphenol Integrity Soft Circuit Co., Ltd., Shenzhen Fast Lane Automotive Electronics Co., Ltd., Quanxing Seiko Group Co., Ltd. 7 alliance core parts enterprises supporting supply, Waterma Innovation Alliance and FAW jointly design, development, FAW production, and Shenzhen Yunchuang Leasing Co., Ltd. to carry out market operations, this is the current new energy vehicle promotion trinity New ideas.
Benefiting from the growth of market demand, from January to July 2016, the domestic new energy vehicle production and sales volume was 215,000 and 207,000, respectively, up 119.8% and 122.8% year-on-year. The continuous growth of production and sales also brought to the listed companies in related sectors. It is good to come, this year's new energy auto sector reported good performance, especially the lithium battery stocks are red. China's new energy automobile industry has entered the 2.0 era, how to promote the marketization of new energy vehicles and promote the sustainable development of the industry? How does the industry leader pilot? It has become the most concerned topic in the development of the industry, and many problems have already been placed in front of domestic enterprises.
On September 13, at the "China New Energy Automobile Industry Summit Forum" hosted by the Waterma Innovation Alliance, Li Yao, chairman of the Waterma Innovation Alliance and chairman of Shenzhen Waterma, said that China's new energy vehicle industry has entered In the 2.0 era, from policy-driven to market-driven, from scale competition to quality competition, from individual combat to alliance army. For the future of the Innovation Alliance, he also said that the Innovation Alliance will play a combination of technology-driven, platform-driven, innovation-driven and market-driven four-wheel drive strategy. In view of the new trend of industrial development due to the decline of national subsidy policies and the entry barriers, Li Yao believes that enterprises should fully play the role of marketization in the context of no subsidy, and promote the rapid promotion of new energy vehicles and the healthy development of the industry. The changes brought about by the 2.0 era are not only in the manufacturing and manufacturing sectors, but also in the operation, new energy-related car companies will have new development trends.
Huang Jihong, chairman of Yunchuang Leasing, introduced the new idea of ​​pure electric logistics vehicle operation as an example. Yunchuang Leasing has built seven networks including driver network, demand network, charging network, payment network, cargo network, monitoring network and car network. It has formed a new energy logistics vehicle business ecosystem, and has realized the business model of ready-to-use, metering, mobile, and active charging.
In addition, urban public transportation has always been a key area for the development of new energy vehicles. Chen Lin, deputy general manager of Minfu Woergy, introduced its urban transportation electrification solution. According to the introduction, on the basis of the operational characteristics of the fixed-point driving of the bus, the Waterma Innovation Alliance has creatively launched the overall solution of urban bus electrification “finance leasing + car sales, fixed-moving, eight-year warranty, and charging and fillingâ€. The model has been rapidly promoted in 16 provinces and 23 cities including Weinan in Shaanxi, Linyi in Shanxi, Huizhou in Guangdong, and Jingzhou in Hubei. It has solved many obstacles in the actual operation of urban public transportation and won wide recognition from local governments and society.
As new energy vehicles “cheat up†boots, national support and regulatory policies bless escort, the upstream and downstream enterprises of this innovation alliance collectively unveiled a combination of boxing, internal and external synergy, such as Shenzhen Watmarma, a leading enterprise with integrated innovation capabilities. It is expected to become a bigger beneficiary of the continued growth of demand for new energy vehicles in the future.