With the rapid development of global new energy vehicle industry, high nickel and low cobalt materials have become the general trend of automotive power battery manufacturing. Nickel resources, as the key raw material of automotive power battery, have become a global resource shortage, especially the shortage of nickel resources in China, which cannot meet the huge demand for nickel resources in the development of China's new energy industry.
As the world's leading core supplier of high-nickel ternary precursor products for power batteries used in new energy vehicles, Greenme has established a multi-channel nickel resource supply guarantee system through self-built nickel resources, recycled nickel resources and directed circulation of nickel resources in the market chain. To ensure the strategic supply of nickel resources of the company and the need of nickel resources for the company's precursor order in 2022:
First, based on circular economy, the company obtains nickel resources through recycling, and establishes directional recycling cooperation relationship of nickel resources with Yiwei Lithium Energy Co., LTD., Funeng Technology Co., LTD., to guarantee the strategic supply of nickel raw materials; In 2022, the company plans to recover more than 20,000 tons of nickel, becoming the main supply to meet the needs of nickel resources in 2022.
The second is with Trafigura PTE.LTD. (hereinafter referred to as "Trafigura"), Metal Corp Trading AG (hereinafter referred to as "First Quantum"), Yongqing Group Co., LTD. (hereinafter referred to as "MINGDA") PTE.LTD. (hereinafter referred to as "MINGDA"), Shanghai Ranyulian Trading Co., LTD. (hereinafter referred to as "Ranyulian") and other nickel resource supply companies have signed medium and long-term supply and purchase agreements for MSP, MHP (nickel hydrometallurgical intermediate products), nickel matte and nickel beans, establishing a global green supply chain of nickel resources. In 2022, the company has signed contracts with Trafigura, First Quantum, Yongqing, MINGDA, Ranyulian and other companies to supply a total of more than 30,000 tons of nickel, ensuring sufficient demand for nickel resources for the company's precursor orders in 2022.
The first phase of the project is expected to be put into operation in the first half of this year. At that time, the company's own nickel resources will further guarantee the company's nickel supply security and effectively reduce the company's comprehensive cost of nickel resources.
Greenme said that the company's multi-channel nickel supply system will ensure the stable and safe supply of nickel resources in the future, comprehensively consolidate the company's core position in the global new energy materials industry, and promote the low-carbon development of the world's power battery.
It is worth noting that, at present, nickel inventories continue to fall, driving nickel prices continue to climb. According to nickel price monitoring, after the spot nickel rose slightly. As of February 8, the spot price of nickel was 176,250 yuan/ton, 3.8% higher than the previous trading day and 14.18% higher than the beginning of the year.
Under the strong market demand and the safe supply of resources, in 2021, the core business capacity of Greenmei will be fully released, and the sales volume will increase substantially, which will promote the company's sales and performance growth. The company expects that the net profit attributable to shareholders of listed companies in 2021 will be 866 million yuan to 990 million yuan, with a year-on-year growth of 110% to 140%. In 2021, the company quickly started the construction of "Jingmen + Taixing + Fuan" ternary precursor system manufacturing base with one master and two pairs. By the end of 2021, the company will have a total production capacity of more than 230,000 tons of ternary precursor per year, ensuring the capacity needs of the company's ternary precursor market growth.
