Wuhu Huishi New Material Technology Co., Ltd.

Wuhu Huishi New Material Technology Co., Ltd.

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Anchor the new energy track to lock in high-quality development.


Release time:

2022-01-27

Since the cooperation with the first lithium battery customer GX in 2008, Huizhou Materials has been working in the lithium battery industry for nearly 14 years. For more than ten years, the lithium battery industry has finally ushered in great prosperity after many rounds of reshuffle and adjustment. With the rapid development of the industry, Huizhou Materials has also achieved its own development and ushered in a more shining future through years of persistence and efforts.

  Since the cooperation with the first lithium battery customer GX in 2008, Huizhou Materials has been working in the lithium battery industry for nearly 14 years. For more than ten years, the lithium battery industry has finally ushered in great prosperity after many rounds of reshuffle and adjustment. With the rapid development of the industry, Huizhou Materials has also achieved its own development and ushered in a more shining future through years of persistence and efforts.

  According to the research data of domestic industry institutions, China's lithium battery shipments will reach 143GWh in 2020, up 22% year-on-year, and the compound annual growth rate from 2021 to 2025 is expected to exceed 25%. From the specific application field, automotive power, 3C digital field, energy storage, small power and power tools are the main downstream application markets for lithium batteries, while for Hui materials, automotive power, 3C digital, power tools lithium battery customers are the focus of power and lock-in applications.

01

New energy power battery field

According to the data of the China Automobile Association, the data trend of the new energy vehicle industry locked by Huizhou materials shows that the cumulative sales of new energy vehicles in China from January to December 2021 are 3.521 million, up 157.5 percent year-on-year. Combined with the current production of major battery companies and OEMs at home and abroad, according to GGII, China's new energy vehicle market sales are expected to exceed 5.5 million in 2022.

As the largest application market in the new energy lithium battery industry, Hui's materials have established cooperation or contact with the top ten core customers in the power battery industry. Combined with the development forecast of new energy vehicles and the power battery industry, it is expected that the sales volume of HS-506 series blue battery protective film, HS-217 series termination tape and HS-201B high-temperature tape in our product series will increase by multiple levels in 2022. At the same time, the black flame retardant double-sided adhesive tape and insulating black film that Hui materials are accelerating the development will also be put into mass production in the first quarter of 2022.

02

3C digital battery field

According to GGII data, China's 3C digital battery shipments will grow by 8.8 in 2020, with a total shipment of 36.6GWh. The market believes that the consumer digital battery industry has entered a stock era. However, in recent years, with the rise of 5G, emerging consumer electronics and other application scenarios, the consumer electronics lithium battery industry has been steadily growing. At the same time, the gradual transformation of overseas traditional consumer lithium battery leaders has brought new positive changes to the overall market pattern, it is expected that the demand growth rate of 3C digital lithium battery will remain at 5% ~ 10% in the next few years. Domestic enterprises are gradually gaining considerable market share by virtue of their advantages in technology, cost and the rise of domestic consumer electronics.

In this steady and rising track, Hui materials has carried out fine planning and analysis of industry customers since the end of 2018, and has carried out key product layout according to the development trend of the industry and the medium and long-term demands of customers, and has established cooperative relations with the core customers of the three major industries in the industry. After two years of continuous investment in R & D and market, we have developed functional products with great technical attributes such as single-sided hot melt adhesive, double-sided hot melt adhesive, HS0712 and 10um non-substrate hetero-adhesive film. Once the products are available, they have won the unanimous favor of the market. At present, all products have entered a mature and stable incremental period. It is predicted that in 2022, our products in the digital battery industry will usher in more than three times the growth.

03

Power tool battery field

It is understood that the world's top TTI, Bosch, Baiding and other power tool companies are gradually switching to cordless power tools. The industry estimates that the annual lithium battery usage of the world's top five power tool companies is above 10GWh.

Due to the rapid development of global electric vehicles, Japanese and Korean lithium battery manufacturers have biased their focus on various business markets, and the power tool giants have also made new changes in the selection of lithium battery suppliers. With the obvious increase in the market demand for cordless power tools, they have targeted their supply chain selection to China. Domestic battery enterprises have begun to plan for layout and actively develop battery technologies and products that meet the needs of international power tool giants.

Based on accurate research and judgment of the development trend of the industry, Hui's materials have been laying out products and customers since 2015. At present, Hui's materials have established cooperative relations with more than 85% of high-quality core customers in the domestic electric tool battery industry, and have launched HS-220 series of expansion adhesive tapes, swelling adhesive tapes and HS-201A series of high-temperature adhesive tape products, respectively corresponding to different levels and scene application requirements of customers in the industry, of which swelling series products are the industry's pioneering products, at present, only Huizhou materials in China can achieve stable mass production and mass supply market, expansion, swelling series of products is estimated to produce nearly 100 million yuan of sales value.

On the whole, several major application areas downstream of lithium batteries are still growing rapidly, such as the new energy vehicle market and the energy storage market. According to GGII incomplete statistics, there will be 63 power battery investment and expansion projects (including fund-raising projects) in 2021, with a total investment of more than 621.8 billion yuan and a planned new production capacity of more than 2.5TWh. Lithium battery market shipments will also maintain a high growth momentum in the next few years. Driven by the strong demand in the lithium battery market, Hui's materials will also usher in a faster and higher quality development in the new energy track.