欧宝体育

1. Introduction to the Project

1.1 Project background

1.1.1 Project introduction

Lithium-ion battery ternary cathode materials, often abbreviated as NCM (Nickel Cobalt Manganese), are one of the most important materials for modern electric vehicles and other high-performance battery applications. This material is mainly composed of nickel, cobalt and manganese, and is mainly divided into series such as NCM111, NCM523, NCM622, and NCM811 according to the different proportions of the three metals. High-nickel ternary cathode materials, such as NCM811, have become a hot spot in the current market and technology research due to their high energy density and long cycle life.

1.1.2 Market prospect

(1) Advantages of ternary cathode materials for lithium-ion batteries

The nickel content in the high-nickel ternary cathode material (NCM811) is more than 80%, and the content of cobalt and manganese is about 10%, respectively. The higher nickel content significantly increases the specific capacity of the material, resulting in a higher energy density, which in turn extends the range of electric vehicles. Cobalt and manganese play a role in stabilizing the structure and enhancing safety in the material. The main advantages of NCM811 are its high capacity and high energy density, but its production process requires very strict process control to ensure the stability and consistency of the material.

NCM622 and NCM523 have relatively low nickel content, but by optimizing the ratio of nickel, cobalt and manganese, they achieve better comprehensive performance. The ratio of nickel, cobalt and manganese in NCM622 is 6: 2: 2. It has high energy density and good cycling performance; the ratio of nickel, cobalt and manganese in NCM523 is 5: 2: 3. It has both stability and economy, and is widely used in mid -to high-end consumer electronics and some energy storage equipment.  

The advantages of ternary cathode materials lie not only in their high energy density, but also in their good cycling stability and long service life. By adding stabilizers and optimizing the preparation process, the thermal stability and safety performance of the material can be further improved, ensuring safe use at high energy densities.

The production of high-nickel ternary cathode materials requires strict control of the proportion and purity of metal elements, and advanced production technology and sophisticated equipment are the key to ensure product quality. The preparation process of high-nickel ternary cathode materials includes steps such as mixing, coating, rolling, and high-temperature sintering, each of which has high requirements for process conditions and equipment accuracy.

(2) Lithium-ion battery market for domestic and foreign markets

Current situation of domestic and foreign markets: The rapid development of the lithium-ion battery market is mainly due to the explosive growth of the electric vehicle industry. According to the data, the global lithium-ion battery market has reached 70 billion US dollars in 2022, of which the high-nickel ternary cathode material market occupies an important share, reaching 7 billion US dollars. In 2024, the global market for high-nickel ternary cathode materials exceeded about 10 billion US dollars, with an average annual growth rate of more than 15%. As the world's largest electric vehicle market, China's demand for high-nickel ternary cathode materials is also growing rapidly, with a market demand of about US $3 billion in 2022 and about US $5 billion in 2024.

In terms of the international market, major economies in Europe, the United States and Asia are actively promoting the development of the new energy industry. The governments of countries such as the United States, Europe, and Japan have introduced several incentives to promote the adoption of electric vehicles and renewable energy, driving the rapid growth of the lithium-ion battery and its materials market. In terms of the domestic market, the Chinese government attaches great importance to the development of the new energy industry, and has issued a number of policies to support the development of new energy vehicles and energy storage industries, such as subsidies for the purchase of electric vehicles and subsidies for the construction of charging facilities. These policies have greatly promoted the demand for high-nickel ternary cathode materials in the domestic market.

Market demand forecast: According to historical data and market trend analysis, the global market demand for high-nickel ternary cathode materials will continue to maintain rapid growth in the next few years. It is estimated that by 2026, the global market demand will reach 15 billion US dollars, and the Chinese market demand will reach 7 billion US dollars. The popularity of electric vehicles and the rapid development of the energy storage market are the major drivers.

The rapid growth of the electric vehicle market is mainly due to technological progress and policy support. With the continuous advancement of battery technology, the range and charging speed of electric vehicles continue to increase, and user acceptance and market penetration have increased significantly. At the same time, the policy support of governments of various countries for new energy vehicles, including car purchase subsidies, tax incentives and charging infrastructure construction, has also greatly promoted the development of the electric vehicle market.

In the energy storage market, the demand for energy storage systems from the grid is increasing as the proportion of renewable energy continues to increase. High-nickel ternary cathode materials are ideal for energy storage systems due to their high energy density and long cycle life. In the next few years, with the popularization of grid energy storage and home energy storage systems, the market demand for high-nickel ternary cathode materials will further increase.

1.1.3 Technical analysis

In this project, the co-precipitation method was used to prepare high-nickel ternary cathode materials, and the materials had excellent properties.

(1) High energy density: High-nickel ternary cathode materials have high specific capacity, which can significantly improve the energy density of batteries. By optimizing the microstructure and composition ratio of the material, the energy density and discharge capacity of the material can be further improved.

(2) Long cycle life: The optimized material structure and composition design make the high-nickel ternary cathode material maintain high stability and consistency during the charge-discharge cycle. By adding stabilizers and optimizing the preparation process, the cycle life of the material can be effectively extended.

(3) Excellent safety performance: By adding stabilizers and optimizing the preparation process, the thermal stability and safety of the material are improved. Advanced production technology and strict quality control are adopted to ensure the safe use of materials under high energy density.

(4) Low cost: Reduce the production cost of materials by optimizing the production process and improving production efficiency. Large-scale production and automation equipment are used to improve production efficiency and reduce production costs.

(5) Environmentally friendly: Adopt environmentally friendly processes and green technologies in the production process to reduce the impact on the environment. By optimizing production processes and equipment, we can improve energy efficiency and reduce emissions of exhaust gases, waste water, and solid waste.

1.1.4 Advantageous conditions of project construction

(1) Policy advantages

The state has issued the Work Plan for the Steady Growth of the Automotive Industry (2023-2024), which aims to stabilize and promote the sustainable and healthy development of the automotive industry. According to the plan, the government will take a series of measures to comprehensively promote the stable growth of the automobile industry from multiple perspectives such as policy, market and technology.

The national and local governments attach great importance to the development of the new energy industry, and have introduced a series of supportive policies and preferential measures, such as tax exemptions, financial subsidies and technology research and development support. The Jilin Provincial Government and the Changchun Municipal Government have also actively promoted the development of the new energy industry, providing a good policy environment for the project.

The State Council, the Ministry of Industry and Information Technology and other departments have successively issued policy documents such as the “New Energy Vehicle Industry Development Plan” and “Guiding Opinions on Accelerating the Promotion and Application of Electric Vehicles”, clarifying the development direction and goals of the new energy vehicle industry. At the local level, the Jilin Provincial Government and the Changchun Municipal Government have issued a series of supportive policies, such as subsidies for the purchase of new energy vehicles, subsidies for the construction of charging facilities, and tax incentives for electric vehicles, which have provided good policy support for the project.

The National Development and Reform Commission and the National Energy Administration jointly issued the “Guiding Opinions on Accelerating the Development of New Energy Storage”, which clearly pointed out that we should adhere to the diversification of energy storage technologies and promote the continuous decline in the cost and commercialization of relatively mature new energy storage technologies such as lithium-ion batteries. By 2025, new energy storage will be transformed from the initial stage of commercialization to large-scale development, with an installed capacity of more than 30 million kilowatts. By 2030, the full market-oriented development of new energy storage will be realized.

(2) Industrial advantages

Changchun is an important automobile production base in China, with many automobile manufacturing enterprises and supporting industries, providing a good industrial foundation and market demand for the development of lithium-ion batteries and their materials. There are many large automobile manufacturing enterprises such as FAW Group and many auto parts suppliers, forming a complete automobile industry chain. The development of the new energy vehicle industry requires a large number of lithium-ion batteries and their materials, which provides a broad market demand for high-nickel ternary cathode materials. At the same time, Changchun has a well-developed transportation network and convenient road, rail and air transportation conditions, which provides a good logistics guarantee for the supply of raw materials and product sales of the project.

(3) Talent advantages

Changchun is a city located in a university, with 15 national key laboratories, 83 independent scientific research institutions in Changchun, including the Institute of Optical, Fine Mechanics and Physics of the Chinese Academy of Sciences, the Institute of Applied Chemistry of the Chinese Academy of Sciences, and the Institute of Geographic Sciences and Natural Resources Research of the Chinese Academy of Sciences, and 49 institutions of higher learning such as Jilin University and Northeast Normal University. As the core area of the northern part of Changchun, the development zone actively builds an industry-university-research cooperation platform, attracts a large number of high-quality talents, and establishes a technological innovation system with enterprises as the main body, market-oriented, and a combination of industry, university, research and application, and 42 universities in Changchun and talents in the region gather strongly to gather wisdom and strength for the development of the city. In addition, the Kuancheng District Government has signed a talent cooperation framework agreement with Jilin Institute of Urban Vocational Technology, Changchun College of Electronic Technology, and Jilin University of Architecture and Technology, providing talent support for the development of enterprises.

(4) Location advantages

Kuancheng District is strategically located as the core hinterland of the new city in the north of Changchun City, and is located at the intersection of the first-class axis of Harbin-Dalian and the main axis of the Changchun-Jilin-Tumen Pilot Area. The Beijing-Harbin Railway divides Kuancheng into two parts, Tienan and Tiebei, and the Tienan area gathers a number of large-scale commercial and wholesale enterprises, which is one of the most prosperous business districts in Changchun City; The Tiebei area is the old industrial base of Changchun, with a strong industrial foundation and industrial advantages. In addition, Kuancheng District is adjacent to Changchun New Area in the east and large central enterprises such as CRRC Changchun Railway Vehicles Co., Ltd. in the west, and is in the core area of the western industrial corridor in the city's planning and layout, and has unique advantages in future industrial development.

1.2 Contents and scale of project construction

1.2.2 Scale of Construction

The annual output is 2,000 tons of cathode materials for lithium-ion batteries.

1.2.2 Contents of Construction

With an area of about 30,000 square meters and a construction area of about 20,000 square meters, the project is planned to mainly build production plants, R&D centers, office buildings and related supporting facilities. At the same time, advanced production equipment and testing instruments will be purchased.

1.3 Total investment of the project and capital raising

The total investment of the project is 350 million yuan, including the construction investment of 280 million yuan

1.4 Financial analysis and social evaluation

1.4.1 Main financial indexes

After the project reaches the production capacity, its annual sales income will be 212.2 million yuan, its profit will be 70 million yuan, its investment payback period will be 7 years (after the tax, including the construction period of 2 years) and its investment profit rate will be 20%.

Note: “10 thousand yuan” in the table is in RMB.

1.4.2 Social evaluation

1. Leading technology: The R&D and production of high-nickel ternary cathode materials will promote the progress and application of new energy technologies. Through the combination of introduction and independent research and development, the project has mastered the core technology of high-nickel ternary cathode materials and promoted the development of lithium-ion battery technology. Through technological innovation and applied research, we will improve the technical content and market competitiveness of products, and promote the development of new energy vehicles and energy storage industry. The successful implementation of the project will provide strong support for the progress and application of new energy technologies.

2. Energy conservation and emission reduction: The project will adopt advanced production technology and environmental protection measures to effectively reduce energy consumption and pollution emissions. By optimizing the production process and equipment, improving energy efficiency, reducing the emission of waste gas, waste water and solid waste, in line with the national policy requirements of energy conservation and emission reduction. The successful implementation of the project will help improve the performance of new energy vehicles and energy storage systems, promote the popularization and application of new energy technologies, reduce dependence on traditional energy, reduce greenhouse gas emissions, and promote energy conservation, emission reduction and environmental protection.

3. Job Placement: After the completion of the project, it will provide 100 jobs, which will contribute to local economic development and social stability. By providing employment opportunities and vocational training, we can improve the vocational skills and comprehensive quality of employees, and promote local economic development and social stability. The successful implementation of the project will provide local residents with good employment opportunities and career development platforms, improve the quality of life and work enthusiasm of employees, and promote social harmony and economic prosperity.

4. Sustainable Development: High-nickel ternary cathode materials help improve the performance of lithium-ion batteries, promote the development of new energy vehicles and energy storage industries, and are in line with the strategic goal of national sustainable development. Through technological innovation and product optimization, the project will improve the energy density and cycle life of lithium-ion batteries, promote the popularization and application of new energy vehicles and energy storage systems, and promote the sustainable development of society.

1.5 Cooperative way

Joint venture and cooperation

1.6 What to be invested by the foreign party

Funds, equipment and technology

1.7 Construction site of the project

Changchun Kuancheng Economic Development Zone

1.8 Progress of the project

The project cooperation plan has been prepared

2. Introduction to the Partner

2.1 Basic information

Name: The People's Government of Kuancheng District, Changchun City

Address: No. 3366, North Renmin Street, Changchun City

2.2 Overview

Kuancheng District, which is located in the north of Changchun City, is one of the five main urban areas of Changchun City, with Jilin Provincial Party Committee and Provincial Government in the jurisdiction, with an area of about 166 square kilometers, a population of 669,000, under the jurisdiction of 10 streets and 1 town, and a provincial development zone. As an important industrial bearing area and logistics agglomeration area in Changchun, it has a superior industrial foundation and resource endowment, and has a strong industrial foundation and industrial advantages. Relying on the urban spatial structure and industrial development foundation of Kuancheng District, the development strategy layout of “one core leading”, “two districts integration” and “five industries linkage” will be constructed.

Kuancheng District gives full play to its location advantages, adheres to the guidance of building a modern core area in the north of Changchun, and promotes the integrated development of the main urban area and the development zone. Focusing on the advantages of location and land resources, we will promote the linkage development of the “five industries: of advanced equipment manufacturing, modern service industry, agricultural and sideline products processing industry, circular economy industry, and cultural tourism. Advanced equipment manufacturing industry: Highlight the development of rail transit equipment manufacturing industry and auto parts processing industry. Rail transit equipment manufacturing industry, with “two main engine factories”: CRRC Changchun Railway Vehicles Co., Ltd and FAW Group as the leader, to build a highly competitive rail equipment industrial base and auto parts industry cluster with leading technology, complete supporting facilities and complete chain; Modern Service Industry: Highlight the development of production and living-based logistics and modern commerce. Vigorously introduce new service formats such as commodity wholesale, chain operation, warehousing and distribution, high-end business, cultural creativity, and financial services, and build a core area of modern business and trade service industry; Agricultural and sideline products processing industry: Give full play to the advantages of Kuancheng's proximity to the main production areas and trading markets of agricultural and sideline products, focus on cultivating and developing leisure food and green organic food, and build a modern agricultural industrialization base leading the province; Circular Economy Industry: Relying on the national resource recycling base, with the recycling of scrapped automobile resources as the core, the development of a compound renewable resource recycling industry chain and a resource recycling industrial park integrating renewable resources recycling, dismantling, processing and utilization to build a resource recycling center based in Changchun and radiating the whole province; Cultural Tourism: Priority will be given to promoting the protection and utilization of historical and cultural blocks and the development of green corridors along the Yitong River. Efforts will be made to introduce cultural and creative industries, leisure culture and trade and tourism industries. Promote the construction of infrastructure and landscape facilities on the west bank of the North Yitong River, and build the green ecological development belt of the Yitong River into a new waterfront area.

During the 14th Five-Year Plan period, Kuancheng District, as an important carrier of the “six returns” of China FAW and CRRC Changchun Railway Vehicles Co., Ltd., shouldered the important mission of industrial upgrading and project collection in the city.

2.3 Contact method:

Contact unit: Kuancheng District Bureau of Commerce

Contact person: Ma Xinyu

Tel: +86-431-89990274

E-mail: 174741967@qq.com

Postal code: 130000

Contact method of the city (prefecture) where the project is located:

Contact unit: Changchun Municipal Cooperation and Exchange Office

Contact person: Zhang Junjie

Tel: +86-15704317930

Fax: +86-431-82700590

E-mail: xmc82763933@163.com