On the evening of July 12, Tinci Materials (002709.SZ) released a performance forecast, which is expected to achieve a net profit of 2.800 billion yuan to 3.000 billion yuan in the first half of 2022, a year-on-year increase of 257.74% to 283.29%; it is expected to achieve non-net profit of 2.779 billion yuan Yuan to 2.979 billion yuan, a year-on-year increase of 262.75% to 288.85%.However, in terms of net profit attributable to the parent, compared with the 1.498 billion yuan in the first quarter, there may be a month-on-month decline in the second quarter.
Tianci Materials pointed out that during the reporting period, affected by the growth in demand in the new energy vehicle industry, the company's lithium-ion battery material electrolyte and cathode material product sales and prices have increased significantly year-on-year. At the same time, the company took advantage of industry development opportunities to accelerate production capacity. , the company's industrial chain integration strategy has achieved remarkable results. With the continuous improvement of the self-production rate of product raw materials, the overall profitability has been significantly improved.
At the same time, Jiangsu Tianci High-tech Materials Co., Ltd. (hereinafter referred to as "Jiangsu Tianci"), a wholly-owned subsidiary, plans to use self-raised funds to invest in the construction of "an annual output of 200,000 tons of lithium battery electrolyte reconstruction and expansion and 100,000 tons of iron-lithium battery recycling project". The total investment of the project is about 1.2 billion yuan.
Tianci Materials said that through the implementation of this project, it will further strengthen the company's strategic layout in the lithium-ion battery material electrolyte and lithium iron phosphate recycling industry chain, which can effectively solve the company's future regional production capacity shortage problem.After the construction of the project is completed, it will meet the needs of the company's future business development and market expansion, and achieve the purpose of "nearest supply" to key customers.At the same time, it is conducive to continuously strengthening the company's advantages in raw material transportation cost, supply cycle, quality assurance, etc., and continuously improving market competitiveness, which is of great significance to promoting the company's long-term stable development.
In addition, according to the latest institutional research report, Tinci Materials has launched 4 alternatives for binders, 1 alternative to NMP and a new type of encapsulant at the PACK end.
In terms of binders, TinctiveP124, a positive electrode binder for LCO/NCM systems, TinctiveT126, a PI-type positive electrode binder for LFP systems, Tinctive K112, a negative electrode binder for CMC replacement, and Tinctive K112 for SBR+ The negative electrode binder TinctiveE124 replaced by CMC.Among them, TinctiveK112 has a production capacity of 5000t/a; TinctiveP124 and TinctiveE124 have completed mass production and have certain batch delivery capabilities; TinctiveT126 is currently in mass production.
The company said that compared with traditional PVDF, Tinci Tinctive series adhesives have a wide range of raw material sources, more environmentally friendly manufacturing, higher adhesion and reduced product additions. In addition, the properties of these products are easy to adjust and adapt to. Different application scenarios, such as dispersibility, slurry rheological state, ion transport, electrical conductivity, polymer mechanical properties, etc.
As for E100, which is a full-replacement solution for NMP, Tianci Materials said that compared with NMP, E100 has the advantages of no reproductive toxicity risk, higher flash point, lower safety risk, lower boiling point, lower energy consumption and more cost advantages.In use, the glue state, glue stability, coating effect and battery performance are consistent with NMP, which can perfectly match the existing processing technology.
On the 12th, Tianci Materials fell sharply after flat opening, and finally closed down 5.09% at 58.01 yuan, with the latest market value of 111.7 billion yuan.
