In recent years, the state has focused on cultivating and developing new energy industries, and the lead-acid battery industry has ushered in new opportunities for accelerated development. "Lead-Acid Batteries Admission Requirements" will be issued soon after its introduction, which may set off a new round of rectification storms, and the industry concentration will further increase. At present, due to the unbalanced supply and demand of companies that have stopped production, coupled with rising costs, lead-acid battery prices have risen. With the large-scale construction of smart grids in energy storage, lead-acid batteries are expected to accelerate development during the “Twelfth Five-Year Plan†in the two fields of application of new energy vehicles and energy storage, and battery usage may be ten times that of traditional industries. Leading companies in the industry will have bright prospects.
Industry Upgrading Enterprises Accelerate Profit Upgrading In 2011, the Ministry of Environmental Protection issued the “Circular on Strengthening Pollution Prevention and Control of Lead-acid Storage Batteries and Recycled Lead Industryâ€, and a large number of lead-acid battery manufacturers across the country were ordered to suspend production and conduct rectification. According to the data, 583 companies across the country have been banned, accounting for 30% of the total. In addition, 50% of companies have been discontinued for rectification, and only 13% of enterprises have been able to produce normally. The upcoming "Lead-acid battery industry access conditions" will also make higher regulations for lead-acid battery companies. At present, the number of enterprises in the lead-acid battery industry has been significantly reduced, and industry barriers have been raised, which will help retained companies increase their market share and profitability.
The rectification of the lead-acid battery industry this time is to increase industry concentration, regulate the development of the industry, and make the lead-acid battery industry a truly low-pollution, environmentally friendly industry. The rectification of the lead-acid battery industry is a long-term process. It will be a company with a certain scale and ability to invest in environmental protection technologies and environmental protection equipment. During the process of rectification, because a large number of companies have stopped production or have been banned, it is extremely difficult to obtain approvals for reconstruction, expansion, or new construction projects. The industry supply and demand pattern will change, and battery prices will increase.
Frequent policies to accelerate the sustainability of the industry In order to promote the healthy development of the lead-acid battery industry, the National Standardization Technical Committee for lead-acid batteries has actively carried out industry standardization work. Recently, lead-acid battery industry all over the country held the Annual Meeting of the National Standardization Technical Committee of Lead-Acid Batteries in 2011 in Hengyang, and reviewed and passed three new standards for the national lead-acid battery industry, namely GB/T5008.1 "Technical conditions for starting lead-acid batteries. 》, GB/T5008.2 "Type and size of starting lead-acid battery products and terminal size mark", GB/T7404.2 "Lead-acid batteries for diesel locomotives." The adoption of the three new lead-acid battery industry standards will play an important role in protecting the ecological environment and promoting the healthy and rapid sustainable development of China's lead-acid battery industry.
Since the nine ministries and commissions jointly launched a nationwide rectification of the lead-acid battery industry, the market is in short supply. Lead-acid battery rectification this year is likely to become a watershed for the development of the industry. The concentration of the industry as a whole and the sustainability of the industry have been strengthened. From a medium-term perspective, new lead-acid battery production capacity projects will become very difficult, mainly due to the strict total control of heavy metal emissions in various provinces and cities, lead-acid battery project approval and lifetime accountability system, the new production line takes 1-1.5 years, Short-term supply and demand are difficult to improve and other reasons. At present, the power battery has increased its price by nearly 20%, gross margin reached over 40%, and will maintain a gross margin of over 30% in the medium term.
Lead-acid battery mainstream difficult status lead-acid batteries are widely used in various industries in China, according to its main purposes can be divided into start-type batteries, power batteries, fixed batteries and energy storage batteries and other major categories. The current demand for automotive start-up batteries, batteries for electric bicycles, and stationary batteries accounts for about 90% of the total demand. The lead-acid battery is still the only battery that can meet the large-capacity demand under the premise of safety and stability, and at the same time, it can achieve complete recovery and recycling, and reduce downstream costs.
With the constant pursuit of technology development in the industry, lead-acid batteries have greatly improved on many basic parameters. At present, the specific energy and specific power of some lead-acid batteries are basically the same as those of nickel-hydrogen batteries. In addition, through the use of new alloy systems and plate technology, and continuous improvement of the polar plate curing, assembly and other technologies, lead-acid battery life has been greatly improved, enterprise production costs will continue to decline, lead-acid batteries are high "cost" Increasingly prominent.
At present, the price ratio of lead-acid battery and lithium battery of the same scale capacity is about 1:3-1:4, and the price of some lithium batteries even exceeds the price of some ordinary electric bicycles. In terms of use, the use of electric bicycles by Chinese residents is more for travel, logistics and other work needs, which requires the battery can withstand long-term high-power operation, lithium battery electric bicycle due to heat problems affect its performance, resulting in the result is a lithium battery Consumers do not have a clear advantage in the battery replacement cycle, but the cost has increased dramatically. Short-term lithium batteries still cannot replace lead-acid batteries in electric bicycle applications.
Increase in demand for lead-acid batteries for electric bicycles Accumulator batteries are currently the main source of auxiliary power for electric bicycles and constitute an important component of electric bicycles. Among lead-acid battery powered bicycles, batteries and chargers account for about 30% of the total cost of electric bicycles. At present, electric bicycle batteries mainly include lead-acid batteries, nickel-metal hydride batteries and lithium batteries, of which lead-acid batteries account for about 97% of the market share.
China has about 130 million electric bikes, with an annual increase of about 20 to 30 million. According to the demand for newly-increased electric vehicles and replacement of batteries for existing electric vehicles, the market capacity of power batteries can be calculated to be 42.5 billion to 47.5 billion yuan per year. . Since lead-acid battery listed companies are mostly the leading players in the subdivided industries, leading companies are expected to benefit from the new market structure brought about by the increase in industry concentration after the industry's environmental protection rectification and access standards have been raised.
The use of lead-acid batteries in the field of electric vehicles has at least four types: first, a slightly mixed hybrid vehicle with start-stop function; second, an economical hybrid hybrid vehicle; third, a special electric vehicle; and fourth, a low-speed, short-distance compact Electric car. The current electric bicycle battery supply gap is the largest, about 40%, and affected by the supply shortage, the price of electric bicycle battery terminals has increased from 400 yuan/group to more than 700 yuan/group. With the further introduction of future access conditions, it is expected that the industry supply gap will remain until mid-2012. In the second half of 2012, with the gradual launch of new capacity from some leading companies, the supply and demand of the industry is expected to return to balance.
Energy storage applications have a bright future Although the power application is lead-acid batteries, it is in the long run that energy storage is its future direction. Nandu Power is building a 500-kilowatt portable energy storage station. It mainly uses photovoltaic power generation to store lead-acid and lithium-ion batteries. At present, the scale of energy storage power stations has not yet been sufficiently large, but this industry has a lot of room in the future. US agencies estimate that if the smart grid is built on a large scale in energy storage, the battery usage may be ten times that of traditional industries.
Lead-acid batteries have their own characteristics and application range. At present, lead-acid batteries are characterized by low cost, simple use and maintenance, and can be recycled. They are the products with the highest recycling rate, reaching 95%, reflecting the circular economy, which is both safe and reliable. Economic benefits. From the perspective of stability, reliability, cost-effectiveness, simplicity of maintenance, and economic benefits, lead-acid batteries should be selected. Currently, lead-acid is still being used on a large scale in energy storage stations in the United States.
Focus on Stock Pool Securities Code Name of Securities Net Assets per Share (Yuan) Third Quarter Earnings per Share (Yuan) Latest P/E Ratio (times) Stock Highlights 601311 Camel Shares 6.22 0.513 30.3 Leading Car Batteries have Scale and Technology Advantage, Capacity Expansion Drives Performance to Continue High growth 600,482 Sailing shares 2.52 0.107 72.3 Benefiting industrial integration and accelerating the expansion of the industrial chain 300068 Nandu power 8.64 0.098 122.6 Relying on the Lead Circular Economy Industrial Park, local support is strong, and the scale of the acquisition expansion exceeds expectations 2580 Shengyang shares 9.5 0.497 35.2 Main valve Controlled sealed lead-acid battery, power station battery storage area advantage 2518 Kstar 10.44 0.485 37.7 The main industry UPS power supply has grown steadily, waiting for the photovoltaic inverter business to blossom
Industry Upgrading Enterprises Accelerate Profit Upgrading In 2011, the Ministry of Environmental Protection issued the “Circular on Strengthening Pollution Prevention and Control of Lead-acid Storage Batteries and Recycled Lead Industryâ€, and a large number of lead-acid battery manufacturers across the country were ordered to suspend production and conduct rectification. According to the data, 583 companies across the country have been banned, accounting for 30% of the total. In addition, 50% of companies have been discontinued for rectification, and only 13% of enterprises have been able to produce normally. The upcoming "Lead-acid battery industry access conditions" will also make higher regulations for lead-acid battery companies. At present, the number of enterprises in the lead-acid battery industry has been significantly reduced, and industry barriers have been raised, which will help retained companies increase their market share and profitability.
The rectification of the lead-acid battery industry this time is to increase industry concentration, regulate the development of the industry, and make the lead-acid battery industry a truly low-pollution, environmentally friendly industry. The rectification of the lead-acid battery industry is a long-term process. It will be a company with a certain scale and ability to invest in environmental protection technologies and environmental protection equipment. During the process of rectification, because a large number of companies have stopped production or have been banned, it is extremely difficult to obtain approvals for reconstruction, expansion, or new construction projects. The industry supply and demand pattern will change, and battery prices will increase.
Frequent policies to accelerate the sustainability of the industry In order to promote the healthy development of the lead-acid battery industry, the National Standardization Technical Committee for lead-acid batteries has actively carried out industry standardization work. Recently, lead-acid battery industry all over the country held the Annual Meeting of the National Standardization Technical Committee of Lead-Acid Batteries in 2011 in Hengyang, and reviewed and passed three new standards for the national lead-acid battery industry, namely GB/T5008.1 "Technical conditions for starting lead-acid batteries. 》, GB/T5008.2 "Type and size of starting lead-acid battery products and terminal size mark", GB/T7404.2 "Lead-acid batteries for diesel locomotives." The adoption of the three new lead-acid battery industry standards will play an important role in protecting the ecological environment and promoting the healthy and rapid sustainable development of China's lead-acid battery industry.
Since the nine ministries and commissions jointly launched a nationwide rectification of the lead-acid battery industry, the market is in short supply. Lead-acid battery rectification this year is likely to become a watershed for the development of the industry. The concentration of the industry as a whole and the sustainability of the industry have been strengthened. From a medium-term perspective, new lead-acid battery production capacity projects will become very difficult, mainly due to the strict total control of heavy metal emissions in various provinces and cities, lead-acid battery project approval and lifetime accountability system, the new production line takes 1-1.5 years, Short-term supply and demand are difficult to improve and other reasons. At present, the power battery has increased its price by nearly 20%, gross margin reached over 40%, and will maintain a gross margin of over 30% in the medium term.
Lead-acid battery mainstream difficult status lead-acid batteries are widely used in various industries in China, according to its main purposes can be divided into start-type batteries, power batteries, fixed batteries and energy storage batteries and other major categories. The current demand for automotive start-up batteries, batteries for electric bicycles, and stationary batteries accounts for about 90% of the total demand. The lead-acid battery is still the only battery that can meet the large-capacity demand under the premise of safety and stability, and at the same time, it can achieve complete recovery and recycling, and reduce downstream costs.
With the constant pursuit of technology development in the industry, lead-acid batteries have greatly improved on many basic parameters. At present, the specific energy and specific power of some lead-acid batteries are basically the same as those of nickel-hydrogen batteries. In addition, through the use of new alloy systems and plate technology, and continuous improvement of the polar plate curing, assembly and other technologies, lead-acid battery life has been greatly improved, enterprise production costs will continue to decline, lead-acid batteries are high "cost" Increasingly prominent.
At present, the price ratio of lead-acid battery and lithium battery of the same scale capacity is about 1:3-1:4, and the price of some lithium batteries even exceeds the price of some ordinary electric bicycles. In terms of use, the use of electric bicycles by Chinese residents is more for travel, logistics and other work needs, which requires the battery can withstand long-term high-power operation, lithium battery electric bicycle due to heat problems affect its performance, resulting in the result is a lithium battery Consumers do not have a clear advantage in the battery replacement cycle, but the cost has increased dramatically. Short-term lithium batteries still cannot replace lead-acid batteries in electric bicycle applications.
Increase in demand for lead-acid batteries for electric bicycles Accumulator batteries are currently the main source of auxiliary power for electric bicycles and constitute an important component of electric bicycles. Among lead-acid battery powered bicycles, batteries and chargers account for about 30% of the total cost of electric bicycles. At present, electric bicycle batteries mainly include lead-acid batteries, nickel-metal hydride batteries and lithium batteries, of which lead-acid batteries account for about 97% of the market share.
China has about 130 million electric bikes, with an annual increase of about 20 to 30 million. According to the demand for newly-increased electric vehicles and replacement of batteries for existing electric vehicles, the market capacity of power batteries can be calculated to be 42.5 billion to 47.5 billion yuan per year. . Since lead-acid battery listed companies are mostly the leading players in the subdivided industries, leading companies are expected to benefit from the new market structure brought about by the increase in industry concentration after the industry's environmental protection rectification and access standards have been raised.
The use of lead-acid batteries in the field of electric vehicles has at least four types: first, a slightly mixed hybrid vehicle with start-stop function; second, an economical hybrid hybrid vehicle; third, a special electric vehicle; and fourth, a low-speed, short-distance compact Electric car. The current electric bicycle battery supply gap is the largest, about 40%, and affected by the supply shortage, the price of electric bicycle battery terminals has increased from 400 yuan/group to more than 700 yuan/group. With the further introduction of future access conditions, it is expected that the industry supply gap will remain until mid-2012. In the second half of 2012, with the gradual launch of new capacity from some leading companies, the supply and demand of the industry is expected to return to balance.
Energy storage applications have a bright future Although the power application is lead-acid batteries, it is in the long run that energy storage is its future direction. Nandu Power is building a 500-kilowatt portable energy storage station. It mainly uses photovoltaic power generation to store lead-acid and lithium-ion batteries. At present, the scale of energy storage power stations has not yet been sufficiently large, but this industry has a lot of room in the future. US agencies estimate that if the smart grid is built on a large scale in energy storage, the battery usage may be ten times that of traditional industries.
Lead-acid batteries have their own characteristics and application range. At present, lead-acid batteries are characterized by low cost, simple use and maintenance, and can be recycled. They are the products with the highest recycling rate, reaching 95%, reflecting the circular economy, which is both safe and reliable. Economic benefits. From the perspective of stability, reliability, cost-effectiveness, simplicity of maintenance, and economic benefits, lead-acid batteries should be selected. Currently, lead-acid is still being used on a large scale in energy storage stations in the United States.
Focus on Stock Pool Securities Code Name of Securities Net Assets per Share (Yuan) Third Quarter Earnings per Share (Yuan) Latest P/E Ratio (times) Stock Highlights 601311 Camel Shares 6.22 0.513 30.3 Leading Car Batteries have Scale and Technology Advantage, Capacity Expansion Drives Performance to Continue High growth 600,482 Sailing shares 2.52 0.107 72.3 Benefiting industrial integration and accelerating the expansion of the industrial chain 300068 Nandu power 8.64 0.098 122.6 Relying on the Lead Circular Economy Industrial Park, local support is strong, and the scale of the acquisition expansion exceeds expectations 2580 Shengyang shares 9.5 0.497 35.2 Main valve Controlled sealed lead-acid battery, power station battery storage area advantage 2518 Kstar 10.44 0.485 37.7 The main industry UPS power supply has grown steadily, waiting for the photovoltaic inverter business to blossom
Solar Street Lamp,Solar Led Street Lights,Solar Path Light,Solar Power Street Light
Junrui Lighting Co., Ltd. , http://www.china-outdoor-light.com