TU-TESL

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With the rapid expansion of anode materials business, putailai continues to increase the upstream graphitization processing capacity of anode. On the evening of April 12, putailai (603659) announced that Shanghai putailai New Energy Technology Co., Ltd., Li Qingmin and Liu Guangtao planned to increase the registered capital of Shandong Xingfeng to 400 million yuan by 200 million yuan to Shandong Xingfeng according to the shareholding ratio of Shandong Xingfeng New Energy Technology Co., Ltd. (hereinafter referred to as "Shandong Xingfeng"). Equity structure before and after this capital increase: at the same time, Shandong Xingfeng plans to increase the capital of Inner Mongolia Xingfeng New Energy Technology Co., Ltd. (hereinafter referred to as "Inner Mongolia Xingfeng"), a wholly-owned subsidiary, by 190 million yuan, to increase the registered capital of Inner Mongolia Xingfeng to 200 million yuan. Shandong Xingfeng was founded on February 20, 2017. Putailai owns 51% of the equity. It is mainly engaged in the graphitization processing business of lithium anode materials. It has an annual production capacity of 10000 tons of graphitization processing. It has nearly 200 employees, including more than 30 management and engineering technicians. Its core R & D and technical personnel have more than 20 years of industry experience. Shandong Xingfeng has outstanding advantages in the field of graphitization processing technology, and has been widely recognized by customers of lithium-ion batteries and anode materials at home and abroad. In order to meet the business growth demand in the field of graphitization of anode materials, Inner Mongolia Xingfeng plans to build a production base in Zhuozi County, Ulanqab, Inner Mongolia, which is still in the early stage of planning and implementation. According to high tech lithium, Jiangxi Zichen, a subsidiary of putailai, is a leading manufacturer of negative materials in China. According to the 2017 annual report of putailai, the sales volume of negative materials of the company is 23554 tons, with a year-on-year growth of 46.48%, achieving a revenue of 1.468 billion yuan, with a year-on-year growth of 39.58%. Jiangxi Zichen "capacity expansion and construction project of high performance lithium ion battery anode materials with an annual output of 20000 tons" has started trial production. At present, the company's anode materials capacity has reached 18000 tons, an increase of 38.46% year on year. From the data point of view, the negative electrode materials currently occupy a leading position in the business income of putailai. The graphite chemical process is one of the key processes for the production of artificial graphite negative electrode materials. This capital increase helps to greatly improve the graphitization processing capacity, thus ensuring the safety of the company's supply chain and the stability of the customer's product quality, and improving the company's negative electrode material industry chain. Putailai also wrote in the announcement that with the rapid growth of new energy lithium-ion battery industry, especially the power battery industry, and the increasing demand of the market, the company's capacity planning in the field of negative materials and the gradual implementation of fund-raising projects, at present, the graphitization processing capacity of Shandong Xingfeng is far from meeting the graphitization processing demand of the company's negative materials, so it is in line with Shandong Xingfeng The minority shareholders Li Qingmin and Liu Guangtao jointly discussed and decided on the capital increase plan. According to the industry analysis, Inner Mongolia Xingfeng is located in Zhuozi County, Wulanchabu, Inner Mongolia, which has the cost advantages of energy and human resources. Putailai and the minority shareholders of Shandong Xingfeng increase their capital to Shandong Xingfeng and further increase their capital to Inner Mongolia Xingfeng, so as to improve the company's graphitization processing capacity, reduce the processing and manufacturing costs in the process of graphitization, and improve the company's negative material competitive advantage.