Fenghua Jade Motor Co., Ltd. , http://www.plastic-pipettes.com
Major shareholder vehicle battery strength: Wanxiang Electric Vehicle Co., Ltd., a wholly-owned subsidiary of Wanxiang Group, has realized the industrialization of the power battery. The product passed the test of the National Vehicle Battery Testing Center and passed UL, CE, ISO9000, etc. Product and production system certification, with the industrialization conditions, there are currently more than 120 universal electric vehicles running in the power system. At present, the company has successfully developed electric cars, electric buses, dual energy trams, electric power service vehicles, and electric power engineering vehicles. The self-developed polymer lithium-ion power battery has successfully passed the performance test of the two designated testing organizations of the national "863" project lithium-ion battery.
The Group reinvested huge amounts of money to enter pure electric vehicles: On April 25, 2009, the 1.365 billion yuan investment in the production base of Wanxiang pure electric vehicle lithium battery was officially laid in Xiaoshan District, Hangzhou. Wan Guanqiu, chairman of Wanxiang Group's Board of Directors, announced that in 2010, Wanxiang will have an industry scale of 1,000 pure electric commercial vehicles and 1 billion watt-hour lithium-ion battery.
Electric Vehicle Motor Project: In April 2010, the Board of Directors decided to conduct investment and development projects for electric vehicle motor products, and set up an electric vehicle motor product project preparation team to be responsible for the preliminary research and development of the product. It plans to invest a total of 100 million yuan in the three years from 2010 to 2012 for product R&D, testing, and production line investment for small batch trial production. In May 2010, Wanxiang Group announced that its wholly-owned subsidiary has signed a framework agreement with US Ener1 for joint venture and cooperation in battery and battery systems. The two parties will establish a fully automated production base for batteries and battery systems in Hangzhou, China. The first phase will invest more than 300 million U.S. dollars. It is expected that by the end of 2011, 300 million hr batteries and 40,000 sets of battery pack systems for electric vehicles will be produced. .
Huatai Alliance believes that considering that the universal money tide has expanded its business to “motor + electric controlâ€; the electric vehicle company has significant characteristics of high degree of industrialization and integration of electric vehicles, big advantages of first-mover advantage, and large injection expectations. The stock price of the company should enjoy a certain premium, so it tends to give positive investment advice.