On the afternoon of July 4th, Tranyi Technology, which has a cross-border layout of sodium batteries and its stock price out of the "seven-tie board", received a letter of concern from the exchange, requesting that it plan to invest in the establishment of Jiangsu Tranyi Na-Battery Technology Co., Ltd. and engage in sodium-ion and lithium-ion battery-related matters. Necessity, reasonableness and feasibility of the business.The Shenzhen Stock Exchange pointed out that the company's existing main business is the manufacture of consumer electronics components, and the company is required to explain the relationship between the proposed investment project and the company's existing business.
On July 4, the stock price of Chuanyi Technology once fell by the limit, and turned red in the afternoon.As of the close, the company's stock price was 24.3 yuan per share, an increase of 4.16%.
In addition, the company announced in the evening that Sun Company Chuanyi Sodium Technology has completed the industrial and commercial registration.
Receive a letter of concern from the exchange
The letter of concern shows that on June 22, the company disclosed the "Announcement on the Establishment of a Sun Company with Foreign Investment", and planned to invest in the establishment of Jiangsu Chuanyi Sodium Power Technology Co., Ltd. to engage in sodium-ion and lithium-ion battery-related businesses.The company's existing main business is the manufacture of consumer electronic components. The Shenzhen Stock Exchange requires the company to explain the relationship between the proposed investment project and the company's existing business.
The Shenzhen Stock Exchange requires the company to explain the company's technology, capital, talents, customers and other resource reserves in the proposed investment field, and further demonstrate the necessity of investing in the above-mentioned projects in combination with the development trend of the relevant industry, market supply and demand and the company's core competitiveness in the relevant field. It is reasonable, reasonable and feasible to fully remind relevant projects of the risks and uncertainties caused by factors such as administrative approval, industry cycles, technology updates, and environmental protection requirements.
In addition, because the company was surveyed by a number of institutional investors on June 23, the Shenzhen Stock Exchange also required the company to explain the issue in accordance with the "Guidelines for the Self-discipline and Supervision of Listed Companies on the Shenzhen Stock Exchange No. 1—Standardized Operation of Main Board Listed Companies" and other rules. Whether the research activities comply with the relevant regulations, whether there is any release of material information that has not been publicly disclosed by means other than qualified media, publishing false or misleading content, making exaggerated publicity, misleading tips, or other violations of information disclosure rules or suspected Manipulation of securities markets.
On the evening of July 4, Chuanyi Technology issued an announcement on abnormal fluctuations in stock trading. The announcement showed that after verification, the company's current operating conditions are normal. Except for the disclosed information, the company's internal and external operating environment has not undergone major changes.The controlling shareholder and actual controller do not buy or sell the company's stock during the period of abnormal stock trading fluctuations.Chuanyi Technology said that the company received the "Letter of Concern for Jiangsu Chuanyi Technology Co., Ltd." sent by the Shenzhen Stock Exchange's company management department on July 4, and is currently actively preparing for the relevant reply work and completing the reply on time.
In addition, Chuanyi Technology also issued an announcement on the completion of the industrial and commercial registration of Sun Company on the evening of July 4.The announcement shows that the company held the 14th meeting of the third board of directors on June 22, 2022, reviewed and approved the "Proposal on the Establishment of a Sun Company with Foreign Investment", and agreed that the company will pass the wholly-owned subsidiary Zhiwei Electronics Tonghai Yinghui Xin Enterprise, natural person Yang Lei, and natural person Yang Chongyi jointly established the Sun Company Chuanyi Nadian Technology.Sun's registered capital is 30 million yuan, of which Zhiwei Electronics contributed 22.5 million yuan, accounting for 75% of the registered capital.Chuanyi Nadian Technology has recently completed the industrial and commercial registration, and received the business license issued by the Gaoyou Administrative Examination and Approval Bureau.
The company warns of risks
Chuanyi Technology also reminded the risk in the announcement that the sodium battery industry is in the early stage of rapid development. Although the company chose this strategic direction based on previous inspections and technical reserves, it also faces uncertainty and uncertainty in industrial competition.The company conducts production capacity construction according to the needs of project planning and development. The actual rate of return of the project is affected by the pace of future production capacity deployment and market price factors, and there are uncertainties.
The company pointed out that there is uncertainty in the price of upstream raw materials for sodium batteries in the future, and there is uncertainty in the actual production and manufacturing, which leads to uncertainty in the cost of mass production of actual products.Sodium batteries are a new technical product, which requires new development of end markets and demands, and there are also uncertainties in the cultivation and development of the market.
According to public information, the main business of Chuanyi Technology is the design, research and development, manufacturing and sales of various printed circuit boards, and the design, research and development, manufacturing and sales of various input equipment.
Chuanyi Technology pointed out in the investor relations record form on June 23 that the company's original business mainly produces keyboards, mice and other mobile phones and notebook peripherals. Enterprises with high-level intellectual property advantages.The company lays out the new business of sodium batteries and is optimistic about the sodium battery industry, especially in the application of energy storage and small power batteries. Compared with lithium batteries, sodium batteries have price advantages, resource advantages, and are more environmentally friendly than lead-acid batteries. It can be used with confidence in the application of small power batteries.
Public information shows that sodium-ion batteries have the characteristics of low cost, high safety performance, and wide operating temperature range, and can be widely used in low-speed electric vehicles, renewable energy access, and 5G communication base stations.There is no obvious bottleneck in the mass production of sodium-ion batteries, but the theoretical energy density and cycle performance of sodium-ion batteries are currently inferior to those of lithium-ion batteries, making it difficult for them to completely replace lithium-ion batteries. Therefore, the development of industrialization requires a process.
According to the first quarterly report of Chuanyi Technology in 2022, the company achieved a total operating income of about 472 million yuan, a year-on-year increase of 3.26%; the net profit attributable to shareholders of the listed company was about 44.9573 million yuan, a year-on-year decrease of 15.39%.
(Editor in charge: Guan Jing)
