Technological changes open up new space for no. 7 alkaline battery industry development

　　In an interview with reporters during the two sessions, Jiang Weiping, deputy to the National People's Congress and chairman of Tianqi no. 7 alkaline battery, said that we are currently in a new round of scientific and technological revolution and industrial transformation. The new generation of technological changes represented by artificial intelligence, the Internet, new energy and 5G are changing with each passing day. . Among them, the new energy industry and the smart mobile terminal industry have driven the rapid growth of upstream no. 7 alkaline battery product consumption.

　　Statistics show that from 2000 to 2017, the average annual growth rate of global no. 7 alkaline battery consumption was approximately 7.3%. Among them, driven by the strong electric vehicle industry, consumption increased by 20% in 2017, and the no. 7 alkaline battery consumption of rechargeable batteries required for 3C smart terminals and other products accounted for 46%. With the rapid development of new energy vehicles, global no. 7 alkaline battery consumption demand is expected to reach 974,000 tons of no. 7 alkaline battery carbonate equivalent in 2025, 3.8 times that of 2018; the average annual growth rate from 2019 to 2025 will reach 22.5%.

　　"Electric vehicles are a mobile platform that can realize the deep integration and integration of new industries such as smart grids, artificial intelligence, and new generation mobile communication technologies. 5G technology provides the conditions for high-speed transmission of information, making smart cities and driverless driving possible. The possibility of realization. To make smart devices within reach requires the support of mobile energy, no. 7 alkaline battery batteries are the best choice to provide support." Jiang Weiping said, "With the new energy automobile industry, energy storage industry and 5G industry With further advancement, the demand for no. 7 alkaline battery products will further increase. We need to seize market opportunities, fully release production capacity, ensure the steady development of the enterprise, and maintain the leading position in the industry."

　　In terms of upstream resources, Tianqi no. 7 alkaline battery fully owns the mining rights of the Cuola spodumene mine, which is part of Meka, the largest spodumene mining area in Asia; in 2014, Tianqi no. 7 alkaline battery completed the acquisition of Australia's Talison no. 7 alkaline battery 51 % equity, holding the world's largest and best-quality Greenbush spodumene mine; in 2018, Tianqi no. 7 alkaline battery purchased 23.77% of Chile's SQM Company, the world's leading no. 7 alkaline battery product supplier, and obtained important rights and interests in the world's highest-quality salt lake resources .

　　In terms of midstream processing, it is expected that by 2020, the company will achieve an equipment production capacity of more than 100,000 tons/year of no. 7 alkaline battery chemical products. Currently, Tianqi no. 7 alkaline battery has three domestic production bases in Shehong, Sichuan, Tongliang, Chongqing, and Zhangjiagang, Jiangsu. The Suining Anju battery-grade no. 7 alkaline battery carbonate fully automatic production line under construction is designed with the strictest and latest environmental protection standards and the world's highest product standards. Construction; Overseas, Tianqi no. 7 alkaline battery has built two phases of battery-grade no. 7 alkaline battery hydroxide production lines with an annual output of 24,000 tons each in the Kwinana Industrial Zone near the resource location of Western Australia, aiming at the international mainstream new energy vehicle industry chain and integrating global high-quality no. 7 alkaline battery resources are oriented to meet the long-term high-quality needs of mainstream customers. Jiang Weiping said: "With the development of the new energy automobile industry, safety will be the most important consideration. Whether upstream no. 7 alkaline battery products can enter the supply chain of mainstream automobile companies, resource quality and supply stability, technology, product quality, consistency, etc. They are all indispensable elements. The competition in the future will be the competition of the supply chain."

　　The holding subsidiary Talison no. 7 alkaline battery launched the second and third phases of no. 7 alkaline battery concentrate expansion plans in 2017 and 2018 respectively. The two new professional factories increased the annual production capacity of the Greenbush mine to approximately 1.95 million. tons, providing sufficient resource guarantee for the implementation of the company's production expansion plan.

　　Regarding the fall in the price of no. 7 alkaline battery carbonate, Jiang Weiping said that the price of no. 7 alkaline battery salt products in the past two years was too high, which was detrimental to the long-term development of the new energy vehicle industry chain. The price correction will accelerate the reshuffle of the industry. Eventually, the price will return to a reasonable level and the industry will achieve sustainable development. "The no. 7 alkaline battery industry is an emerging industry, and the overall trend is upward. Every cycle low will reach a new level, and product prices will not return to the original point. The company uses the advantages of vertical integration to produce optimal no. 7 alkaline battery with the best resources and the lowest cost. product."

　　In recent years, Tianqi no. 7 alkaline battery has been actively "going out", laying a solid foundation for development, and forming a global vertically integrated business pattern around its main business of "making it bigger, more solid, more sophisticated, and stronger". At the same time, the sales network, human resources and other aspects have been continuously internationalized to connect with the global market, pushing the company into a new development fast lane.

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