Wang Chuanfus cousin Lu Xiangyang has made new moves, and the direction is the wind outlet of new energy vehicles

category:Finance
 Wang Chuanfus cousin Lu Xiangyang has made new moves, and the direction is the wind outlet of new energy vehicles


Since the second half of the year, BYDs share price has continued to soar, and its market value has exceeded 500 billion yuan. As one of the founders of BYD, LV Xiangyangs value has naturally risen. At present, the market value of his shares in BYD has reached 43.8 billion yuan.

After making a fortune on BYD, LV Xiangyang also did not forget to trade another listed company, St Rongjie. The latters fixed increase investment project is aimed at lithium ore selection, which is expected to further enhance LV Xiangyangs influence in the field of new energy.

Bet on new energy vehicle opportunities

Although the fixed increase fund-raising is not much, the project volume of * ST Rongjie this time is not small. According to the plan, the total investment of 2.5 million tons / year lithium ore cleaning project is expected to be 992 million yuan, and 330 million yuan will be invested with the raised funds. The planned construction period is one year. The 2.5 million tons / year lithium ore cleaning project will be built in the park of green lithium industry centralized processing zone planned by Kangding City, Ganzi Prefecture, Sichuan Province.

*St Rongjie said that the companys main business is related business in the field of new energy materials, with the lithium battery material industry chain as the main body, including lithium mining and dressing, lithium salt and deep processing, nickel cobalt lithium hydrometallurgy and deep processing, lithium battery cathode materials, lithium battery equipment and other business sectors. This project will expand the upstream resource output of the company and expand the production and sales scale of the company.

The company estimates that the after tax internal rate of return of the project is 37.87%, and the after tax static investment payback period is 3.76 years, which can be said to be very efficient.

Good expected return rate is closely related to the explosion of new energy vehicle industry. The company said that with the implementation of a series of planning and supporting policies for the new energy industry, Chinas new energy vehicles and energy storage equipment have gradually increased the demand for lithium batteries. In addition, with the steady growth of the market demand for traditional lithium batteries, the battery material industry in the upstream of lithium batteries will continue to develop rapidly, thus driving the synchronous and rapid growth of demand for lithium concentrate and lithium chemical products, which will provide charging for the company Sufficient market opportunities.

Perhaps related to this news, * ST Rongjies share price has soared in the past more than a month, especially before the announcement of fixed increase news, the stock price has been up and down for three consecutive days. On November 25, after the announcement of fixed increase was disclosed, the stock price went up and down.

Since the second half of the year, the global market continues to pursue new energy vehicles. The market value of Tesla has reached as high as US $500 billion, and the three new forces of car making of Weilai, ideality and Xiaopeng are closely following. The market value of Weilai is even as high as 72.2 billion US dollars, about 500 billion yuan.

A shares of new energy vehicle concept stocks also rose strongly. BYDs market value exceeded 500 billion yuan, BAIC Blue Valley, Yaxing bus, Great Wall Motors and other stocks rose one after another. Xiaokang shares even went out of the amazing performance of 7-day limit in 8 days.

Market boom is closely related to industrial policy. In early November, the national Standing Committee issued the new energy vehicle industry development plan, which clearly defined that it will support the new energy vehicle industry in the fields of technological innovation, system design, infrastructure, etc.

On November 18, the national Standing Committee once again focused on automobile consumption, proposing to expand automobile consumption and encourage all localities to increase the number plate index. In addition, Haikou, Hefei, Hubei and other places have also introduced various policies to stimulate the consumption of new energy vehicles and the construction of related industrial chains.

In this regard, institutions are optimistic. Soochow Securities believes that new energy vehicles will enter the era of high growth in 2021, and is expected to become the fastest growing segment market in 2021. With the further expansion of the demand side market and the improvement of the quantity and quality of the supply side models, the wholesale sales volume is expected to reach 1.66 million in the neutral scenario and 2.04 million in the optimistic scenario.

Huatai Securities predicts that 2021 will be the first year of localization of Volkswagen MEB and Tesla modely. The new force of car manufacturing will face the competition of Tesla, Volkswagen and its own brands, enter a large-scale large-scale period, and the whole electric vehicle consumption structure will shift from Operation Oriented to demand-oriented. It is suggested to pay attention to two opportunities: one is that the new force with high market value will enhance the domestic vehicle valuation center; the other is that the new vehicle manufacturing force with continuous increase in volume will drive the business performance of supporting auto parts plants up.

Facing new opportunities?

More than 20 years ago, LV Xiangyang invested 2.5 million yuan to establish BYD together with his cousin Wang Chuanfu, laying the foundation for the father of Chinas new energy industry.

The 134 vein of methylkalopyroxene mine owned by Rongda lithium industry is a pegmatite type spodumene deposit with large resource reserves and the best mining conditions in China. It is a rare high-quality lithium resource in China, with a mining scale of 1.05 million tons / year. At present, Rongda lithium has formed a mining capacity of 1.05 million tons / year. Rongjie health mainly produces and sells sauna equipment, air purification products, fitness equipment and other related products. Through a series of acquisitions, it has gradually transformed into an integrated platform of domestic large health industry integrating production, supply and marketing of health services. Although both belong to good track, but the performance of two listed companies under LV Xiangyang is hard to say excellent. *St Rongjie has already been star studded; Rongjie health lost money for two consecutive years in 2018 and 2019, and still lost 34.643 million yuan in the first three quarters of this year, with the latest market value of only 2.6 billion yuan. Editor: Qiu Jiang source: Shanghai Securities News Editor in charge: Zhong Qiming_ NF5619

The 134 vein of methylkalopyroxene mine owned by Rongda lithium industry is a pegmatite type spodumene deposit with large resource reserves and the best mining conditions in China. It is a rare high-quality lithium resource in China, with a mining scale of 1.05 million tons / year. At present, Rongda lithium has formed a mining capacity of 1.05 million tons / year.

Rongjie health mainly produces and sells sauna equipment, air purification products, fitness equipment and other related products. Through a series of acquisitions, it has gradually transformed into an integrated platform of domestic large health industry integrating production, supply and marketing of health services.

Although both belong to good track, but the performance of two listed companies under LV Xiangyang is hard to say excellent. *St Rongjie has already been star studded; Rongjie health lost money for two consecutive years in 2018 and 2019, and still lost 34.643 million yuan in the first three quarters of this year, with the latest market value of only 2.6 billion yuan.