At the beginning of the New Year, a series of significant news from Yeevil Energy (300014.SZ) has emerged one after another.
Previously, in the public announcement of shortlisted bidders for the equipment procurement project of the 1GW/2GWh Flexibility Shared Energy Storage Project in Lingxiang County, Ruiteng New Energy...Yiwei Lithium Energy wins bid, with a quoted price of 278.4 million yuan, equivalent to 0.6960 yuan/Wh.
February 7th, Everwin Energy released an announcement stating that its subsidiary, Everwin Power,We have signed a "Strategic Cooperation Agreement" with Haibosi Innovation. Both parties agree to establish a strategic procurement cooperation for battery cells from 2025 to 2027, with an anticipated total purchase volume of 50 GWh!
Yiwei Lithium Energy states that the signing of this agreement signifies the market's recognition of the performance and supply qualifications of the company's energy storage batteries. It is an important step in the company's effort to perfect its global industrial layout and will have a positive impact on the company's future development.
February 6th, Everwin Energy released an announcement stating, "Everwin Energy"Weidongli has received the supplier appointment notification for large prismatic batteries from FAW Group Corporation's Hongta Auto Co., Ltd. (hereinafter referred to as "FAW Hongta").
Everwin Energy states, "The定点 notification received from our supplier recognizes our large cylindrical battery's product performance and supply qualifications. The successful implementation of this project will help drive our development in the lithium-ion power battery market, continuously enhancing our market expansion, comprehensive strength, and internationalization in the electric vehicle industry."
This is another vehicle manufacturer's定点 notification received by Evezee Power after the announcement in September 2024 that they had received a定点 notification from ZeroRun Technology.
On February 7th, Lishen Energy saw a rise of 1.18 yuan per share, or 2.66%, closing at 45.55 yuan per share, with a current total market value of 93.18 billion yuan.
Yiwei Lithium has a robust order book.
On September 9, 2024, Everpower Lithium had disclosed the details of the orders it had received in an announcement.Specifically, Yee Wei Energy states,As of the end of 2023, the company's cylindrical iron phosphate lithium batteries have secured a total of approximately 88GWh in prospective customer demand for the next five years; the ternary large cylindrical batteries have accumulated a total of approximately 486GWh in prospective customer demand for the same period.The total is 88GWh + 486GWh = 574GWh.Yiwei Lithium Energy also provided an explanation regarding the relevant orders: Of the 88GWh of意向性 demand for cylindrical iron phosphate lithium batteries, approximately 43GWh was input in written form, while about 45GWh was input non-writtenly. The higher non-written order demand is primarily due to the project releasing a significant capacity for energy storage customers, mainly residential ones. Since energy storage products have shorter design, production, and sales cycles, these customers often communicate their long-term product needs with the company through verbal means such as commercial negotiations and technical seminars. Formal capacity agreement packages typically cover formal orders for one to three years.In the 486GWh indicative demand for the ternary large cylindrical batteries, approximately 344GWh is in written form (including 188GWh for customers who have already received bulk supply or定点 orders), while about 142GWh is non-written. Written orders are larger due to the primary focus of ternary large cylindrical batteries on the new energy vehicle market. Since the production cycles for specific new energy vehicle models are long, there are high safety and product compatibility requirements. Automakers take considerable time for demand analysis and verification, as well as supplier validation. Consequently, upstream battery manufacturers typically fulfill long-term year demand predictions through written orders.It's worth mentioning that...This order only includes cylindrical lithium iron phosphate batteries and ternary large cylindrical batteries, not those for pouch or square batteries. If all battery intention orders were included, YeeWhi Energy would have even more intention orders in hand!
Section Two: About Haibosi Innovation
Data reveals that Haisen Innovation was established in November 2011, serving as a supplier of energy storage system solutions and technical services. Additionally, Haisen Innovation also provides power battery system products for customers in the new energy construction machinery and new energy vehicle sectors.As of the end of March 2023, Haisen Innovation has completed and is involved in numerous large-scale energy storage projects as a provider of energy storage equipment. This includes four individual projects exceeding 500MWh, as well as dozens of projects with individual capacities over 200MWh. The applications cover shared energy storage power stations, photovoltaic power stations, and wind power generation projects, among others.According to CNESA data, Haisens Innovation has ranked first in the domestic market shipment of energy storage system integrators in China for three consecutive years from 2020 to 2022.Hibor Innovation has also been shortlisted for Beijing's Unicorn Enterprises and Hurun Global Unicorn Lists.Currently, Haisen Innovation's downstream partners include China Huaneng Group,National Power Investment GroupChina Resources Power and other major state-owned power generation groups, State Grid Corporation of China and Southern Grid Corporation, as well as large-scale new energy groups such as TBEA and JinkoSolar.Hibosys Innovation officially listed on the Science and Technology Innovation Board (STAR Market) on January 27, 2025, with stock code 688411. Its stock surged by 229.21% on the first trading day. As of February 7, the closing price was 63.00 yuan per share, with a current total market value of 11.2 billion yuan.This IPO has raised 783 million yuan for Haibosi Innovation. Of this, 2.99 billion yuan is allocated for the construction of a 2GWh annual production energy storage system; 1.64 billion yuan for research and development, as well as industrialization projects of energy storage systems; the remaining funds will be used for the construction of digital intelligent laboratories, marketing and after-sales service networks, and to supplement working capital.
Section 3: About FAW奔腾
Chery Teng is an independent car brand under the FAW Group, established in 2006, carrying forward the 72-year car-making history of the FAW Group.Amidst the new phase of high-quality development in China's new energy vehicle industry, FAW奔腾 keeps pace with the times' demands, not only accelerating the expansion of its new energy product line but also demonstrating its firm commitment to the new energy sector with a brand-new strategic approach and an innovative lineup of products.Data reveals that the sales of new energy products under the奔腾brand reached 82,872 units in 2024, with an increase of 214% and a new energy penetration rate exceeding 55%.In January of this year, the奔腾brand sold 13,655 vehicles, a year-on-year increase of 34%. Of these, new energy products accounted for 10,005 sales, with a penetration rate exceeding 73%.
