Yangtze Business Daily News ● Yangtze Business Daily Intern Reporter Xie Zhuowei
New energy continues to be hot, and Dangsheng Technology (300073.SZ) once again made large investments in new lithium battery materials.
On the evening of October 23, Dangsheng Technology disclosed that the company plans to use its own funds of 1.72 billion yuan to increase its wholly-owned subsidiary Changzhou Dangsheng to expand its business capabilities.
At the same time, Dangsheng Technology also disclosed its third-quarter report. Data shows that in the first three quarters of 2022, the company achieved revenue of 14.09 billion yuan, and increased by 172.4% year-on-year; and achieved net profit of 1.478 billion yuan, a year-on-year increase of 103.18%.
It is worth mentioning that at present, Dangsheng Technology is actively deploying the global high-end market, increasing research and development, and cultivating new business growth points.
According to choice data, from 2020 to the first three quarters of 2022, Dangsheng Technology invested 148 million yuan, 336 million yuan and 672 million yuan respectively, with a total investment of 1.156 billion yuan.
plans to increase its capital by 1.72 billion yuan Changzhou Dangsheng
With the deepening of "dual carbon", the prosperity of new energy materials continues to improve, and Dangsheng Technology continues to increase its investment in the lithium industry.
announcement shows that Dangsheng Technology plans to use its own funds of 1.72 billion yuan to increase its wholly-owned subsidiary Changzhou Dangsheng, of which 720 million yuan will be subscribed for new registered capital, and the remaining 1 billion yuan will be included in Changzhou Dangsheng capital reserve . After the capital increase is completed, Changzhou Dangsheng's registered capital will increase to 2 billion yuan.
For this capital increase, Dangsheng Technology stated that it is mainly to enhance Changzhou Dangsheng's business capabilities, improve its financial strength and risk resistance.
data shows that Changzhou Dangsheng is a wholly-owned subsidiary of Dangsheng Technology, which is mainly responsible for the construction and operation of the company's Changzhou lithium battery new materials industry base.
In the past two years, Changzhou Dangsheng's performance has continued to improve, its operating scale has continued to expand, and its performance has also maintained positive growth.
data shows that in 2021, Changzhou Dangsheng achieved revenue and net profit of 2.69 billion yuan and 256 million yuan respectively. In the first three quarters of this year alone, Changzhou Dangsheng achieved operating income of 5.15 billion yuan and net profit of 417 million yuan, both of which exceeded the full year of last year.
In addition, from January to September 2022, Changzhou Dangsheng's total assets also increased from 5.944 billion yuan at the end of last year to 8.479 billion yuan, an increase of 42.6%; net assets reached 1.962 billion yuan.
reporters from the Yangtze Business Daily found that at present, Changzhou Dangsheng's capacity utilization rate continues to increase and is promoting further expansion of production. According to the announcement, as of October 23, 2022, Changzhou Dangsheng's production capacity was fully operational, and the capacity construction of 50,000 tons of high-nickel multi-material materials has been gradually put into use.
It is worth mentioning that Dangsheng Technology's capacity utilization rate has always been at the forefront. In the first half of 2022, Dangsheng Technology's lithium battery material business and diversified materials capacity utilization rates reached 117.22% and 119.86% respectively.
In this regard, Dangsheng Technology stated that capacity construction will be one of the key tasks in 2022, laying the foundation for the company's subsequent capacity construction and release. This large-scale capital increase in the new materials intelligent manufacturing base Changzhou Dangsheng may be a part of its promotion of production expansion.
international customer business accounts for more than 70%
information shows that Dangsheng Technology was founded in 1998 and originated from a research group of the Mining and Metallurgical Technology Group. It has gradually developed into a leading enterprise in my country's lithium battery positive electrode materials industry and landed on the Shenzhen Stock Exchange in 2010.
Currently, it is mainly engaged in the research and development, production and sales of small lithium batteries such as lithium cobalt oxide , multi-materials and lithium manganese oxide and power lithium battery positive electrode materials.
in the early stages of listing, Dangsheng Technology's performance was not ideal and declined in fluctuations. Until 2014, its performance dropped to a low level and suffered losses. The revenue that year was 625 million yuan and its net loss was 25.59 million yuan.
After that, Dangsheng Technology's performance stabilized and rebounded, achieving a four-game increase in performance. According to choice data, from 2015 to 2018, Dangsheng Technology's revenue increased from 860 million yuan to 3.281 billion yuan, an increase of 2.8 times; net profit increased from 13.28 million yuan to 316 million yuan, an increase of 22.8 times.
In 2019, affected by market fluctuations, Dangsheng Technology's performance dropped again and lost 209 million yuan.
From 2020 to the present, due to the influence of the "dual carbon" policy and the continuous improvement of the new energy prosperity, Dangsheng Technology's performance has achieved a leap forward improvement. In 2021, net profit exceeded one billion mark for the first time.
According to the latest financial report, in the first three quarters of 2022, Dangsheng Technology achieved revenue of 14.09 billion yuan, a year-on-year increase of 172.4%; and achieved net profit of 1.478 billion yuan, a year-on-year increase of 103.18%, which exceeded the whole year of last year.
reporters from the Yangtze Business Daily found that at present, Dangsheng Technology is aiming overseas, continuously expanding its international business scale and achieving performance improvement. According to the semi-annual report, the company's products are supplied in large quantities to lithium battery giants and car companies in China, Japan, South Korea, Europe and the United States, among which international customer business accounts for more than 70%.
points of business, in the first half of 2022, the company's lithium battery material business and smart equipment business overseas revenue increased by 248.43% and 35.22 times year-on-year respectively.
It is worth mentioning that while laying out overseas markets, Dangsheng Technology actively continues to increase its investment in high-end, continuously increases R&D investment, and cultivates new business growth points.
According to choice data, from 2020 to the first three quarters of 2022, Dangsheng Technology's R&D expenses were 148 million yuan, 336 million yuan and 672 million yuan respectively, with a cumulative investment of 1.156 billion yuan in R&D. As of the end of the first half of 2022, Dangsheng Technology has obtained a total of 219 authorized patents.
