CATL and the German Nano joint venture exploded and the two parties just signed an 80,000 tons of lithium iron phosphate project_accident

Original title: CATL and the German nano joint venture exploded and the two parties just signed an 80,000 tons of lithium iron phosphate project

Economic Observer Network reporter Wang Haixuan On the evening of January 20, Shenzhen Defang Nano Technology Co., Ltd. (“Defang Nano”) issued an announcement stating that Qujing Lintie Technology Co., Ltd., a subsidiary of Defang Nano Holding Co., Ltd., at about 10 am on January 20, 2021 An outdoor exhaust gas absorption tower of the company (hereinafter referred to as “Qujing Lintie”) exploded, and the rescue has ended. 12 people were injured in the accident, all of whom have been sent to the hospital for treatment.

“Qujing Lintie is the company’s holding subsidiary. Its main product is lithium iron phosphate. It is currently in the trial production stage; the production and operation of the company and other subsidiaries are normal.” Defang Nano said in an announcement issued on the 21st, ” According to preliminary analysis, the main cause of this accident was the recent low temperature, the excessive pressure of the exhaust tower caused by equipment failure, and the failure of the valve.”

According to Qixinbao’s data, Qujing Lintie is jointly held by Defang Nano and Ningde Times New Energy Technology Co., Ltd. (hereinafter referred to as “Ningde Times”). The proportion of shares held by Defang Nano and Ningde Times is 60%. 40%. Defang Nano and CATL are both A-share listed companies.

“We are only holding shares and not involved in production and operation.” On the evening of the 21st, an insider from the Ningde Times told reporters. As of press time, the listed company Ningde Times has not yet publicly responded to the accident.

According to official website information, Defang Nano is the world’s leading R&D and manufacturing company for core materials of lithium-ion batteries, focusing on the R&D, production and sales of nano-lithium iron phosphate, carbon nanotubes, carbon nanotube conductive liquid and other products; Ningde Times is a global leader Li-ion battery R&D and manufacturing company in China, focusing on the R&D, production and sales of new energy vehicle power battery systems and energy storage systems.

At present, the total market value of CATL has exceeded 900 billion yuan. As a leading company in power batteries, its every move has attracted much attention. According to the data on global power battery installed capacity in 2020 recently released by South Korean research institute SNE Research, the total installed capacity of power battery globally in 2020 will reach 137GWh, a year-on-year increase of 17%. Among them, CATL’s installed capacity in 2020 reached 34GWh, an increase of 2% year-on-year, and won the championship again. This is also the fourth consecutive year that CATL has reached the top in installed capacity. LG Chem and Panasonic ranked second and third, with annual installed capacity of 31 GWh and 25 GWh respectively.

It is worth mentioning that this is the second explosion in a company that Ningde Times shares in within half a month. At about 18:12 on January 7, a factory workshop of Hunan Bangpu Circulation Technology Co., Ltd. exploded and caught fire. The accident caused 1 death, 6 serious injuries, and 14 minor injuries. The company is engaged in the recycling of waste lithium batteries and the production of high-end battery materials. At 16:00 pm on January 8, Guangdong Bangpu Recycling Technology Co., Ltd., the parent company of Hunan Bangpu, issued an official statement stating that the old factory in Puning Township, Bangpu, Hunan, “exploded due to the fire of the waste aluminum foil in the waste storage workshop.”

According to Qixinbao’s data, the major shareholder of Guangdong Bangpu Recycling Technology Co., Ltd. is Ningde Times, holding nearly 53% of the shares. On January 10, CATL issued an announcement explaining the relevant circumstances of the accident, stating that the Hunan Bangpu safety accident had no significant impact on the company’s production and operation.

Just two days before the Qujing Lin iron explosion accident, the German side Nano and Ningde Times had just signed an investment agreement. According to the announcement issued by Defang Nano on the evening of the 18th, Defang Nano, Ningde Times and Jiang’an County People’s Government signed the “Investment Agreement on the Annual Production of 80,000 Tons of Lithium Iron Phosphate Project in Jiang’an County”, agreeing to invest in Jiang’an County, Yibin City, Sichuan Province To build the “80,000 tons of lithium iron phosphate project” with a total investment of about 1.8 billion yuan.

“This accident will not have a major adverse impact on the company’s production and operation.” Defang Nano said in an announcement issued on the 21st.Return to Sohu to see more