Ukuqedwa kokutholwa! I-CATL ishintshela ku-Equity Investment engaba ngu-3.2 Billion Yuan

Ngokuhlwa kukaJanuwari 13, i-Fuling Precision (300432.SZ) yamemezela izinto eziningana ezinkulu. Le nkampani yembule ukuqedwa kohlelo olukhulu lokwakhiwa kabusha kwezimpahla. Iphinde yaphakamisa ukukhipha amasheya amasha kubatshalizimali abathile.

Ngokukhethekile, iFuling Precision ihlela ukwethula iCATL njengomunye wabatshalizimali abayisistimu. Uhlelo lwasekuqaleni belubandakanya ukubambisana ngesitoko nenkampani yayo engaphansi, iJiangxi Shenghua. Lokhu manje sekushintshele ekubambisaneni okubanzi okuyisistimu. Ukubambisana okusha kumboza isitoko senkampani enkulu kanye nemisebenzi yayo yebhizinisi.

Ngamafuphi, ukubambisana phakathi kweFuling Precision neCATL kushintshe kusuka ekulungisweni kwesakhiwo kuya ekubekeni izimali ngasese. Imibiko ibonisa ukuthi iCATL izobhalisela izabelo eziyizigidi ezingu-233 zeFuling Precision ngama-RMB 13.62 isabelo ngasinye. Lokhu kufanekisela ukutshalwa kwezimali okungu-RMB 3.175 billion. Ngemuva kokunikezwa, iCATL izoba nesabelo esingu-12% kuFuling Precision.

Leli nyathelo aliyona nje imali etshalwe. Izinhlangothi ezimbili sezisayine Isivumelwano Sokubambisana Ngamasu. Ngaphansi kwalesi sivumelwano, i-CATL izothenga amathani angu-3 ezigidi okungenani emikhiqizweni ye-lithium iron phosphate (LFP) kusuka ku-Fuling Precision eminyakeni emithathu ezayo. Ukubambisana kwabo kuzophinde kunwebele kwezinye izindawo. Lokhu kufaka izinhlelo zokudonsa izimoto ezintsha zamandla kagesi, amalunga amarobhothi, izinhlelo ezihlakaniphile zeshasha, kanye nezinhlelo zamandla zezindiza ezingaphansi kakhulu.

**Kusukela Ekubambisaneni Okungapheli Kuya Ekubambisaneni Okuphelele**

I-Fuling Precision yasungulwa ngo-1997. Amabhizinisi ayo amakhulu ahlanganisa izingxenye zenjini zezimoto, izinhlelo zokulawula izinto zikagesi ezihlakaniphile zezimoto ezintsha zamandla, kanye nezinto zokwakha ibhethri le-lithium. Le nkampani igxile ocwaningweni, ukukhiqizwa, kanye nokudayiswa kwale mikhiqizo.

Isigaba sayo sezinto zebhetri ye-lithium sincike kakhulu ku-CATL. Lezi zinkampani ezimbili zaqala ukusebenzisana ngo-2020. Ekupheleni kukaSepthemba ngalowo nyaka, iJiangxi Shenghua yaba umphakeli wezinto ze-LFP yeJiangsu Times. IJiangsu Times iyindodakazi ye-CATL ephethwe ngokuphelele.

Ngo-2021, lezi zinkampani zakha ubudlelwano bezezimali. I-CATL kanye ne-affiliate yayo iChangjiang Chendao ngokuhlanganyela kwandisa utshalomali lwazo kuJiangxi Shenghua. Ngo-2022, i-CATL neChangjiang Chendao babephethe isabelo esingu-20% ngayinye. IJiangxi Shenghua yabe isiba i-associate ye-CATL.

Nokho, ubudlelwano phakathi kwe-CATL neJiangxi Shenghua kamuva babungazinzile.

Ngo-Agasti 2024, iFuling Precision yamemezela ukuthengwa kabusha. Yathenga kabusha yonke i-equity yeJiangxi Shenghua eyayiphethwe yiCATL neChangjiang Chendao. Ukuthengiselana kwaqedwa ngo-Okthoba 2024. Ngaphandle kokumisa ukubambisana kwe-equity, zombili izinhlangothi zasayina iSivumelwano Sokubambisana Kwebhizinisi. I-CATL yavuma ukunikeza inkokhelo yangaphambili ukusekela ukwanda kwamandla esikhundleni saseJiangxi Shenghua. Baphinde bangena esivumelwaneni sokuthenga isikhathi eside.

Ngo-2025, iCATL yaphinde yabandakanyeka. Yafaka u-RMB 400 million ngoMashi ukuthenga kabusha isabelo esingu-18.74% kuJiangxi Shenghua. Bese, ngoSepthemba, iCATL yasayina esinye isivumelwano senkokhelo yangaphambili esibalelwa ku-RMB 1.5 billion. I-CATL iphinde yahlela ukufaka isabelo esingeziwe esingu-RMB 2.563 billion. Lokhu kwakuzoyinikeza isabelo esingu-51% nokulawula iJiangxi Shenghua.

Isimemezelo sakamuva siguqula lezi zinhlelo. I-CATL ngeke isalawula iJiangxi Shenghua. Kunalokho, izotshala imali yamasu enkampanini engumzali, iFuling Precision. Lezi zinkampani ezimbili futhi zizobambisana ngokuphelele.

**Yini Eyenza iFuling Precision Ihehe Kangaka?**

Isikhathi sokubambisana sibonisa ushintsho esabelweni sikaCATL e-Jiangxi Shenghua. Noma kunjalo, ukuzibophezela kukaCATL kuFuling Precision kuhlale kungaguquki futhi kwandile.

Kungani i-CATL ikhetha iFuling Precision? Yiziphi izizathu zamasu?

Okokuqala, i-CATL iqinisekisa izinsiza ukuze kube nokuncintisana esikhathini esizayo ngokubambisana okuhlukahlukene. Lesi yisizathu esicacile kakhulu.

Amathrendi amanje asikisela ukuthi i-lithium iron phosphate (LFP) izohlala iyinye yezobuchwepheshe bebhethri ezihamba phambili. Imboni iyashesha ukuguqukela ku-LFP yesizukulwane sesine, eyaziwa ngokuthi i-high-density LFP. Imboni ichaza izinto ezinokuminyana okungaphezu kuka-2.6 g/cm³ njenge-high-density LFP. Ukukhiqiza imikhiqizo enjalo kudinga ubuchwepheshe obuphambili. Njengamanje, izinkampani ezimbalwa ezihamba phambili kuphela eziyikhiqiza ngobuningi.

I-Jiangxi Shenghua yethule ubuchwepheshe be-oxalic acid iron(II) obuhamba phambili bemikhiqizo ye-LFP e-China. Lobu buchwepheshe busebenzisa i-divalent iron njengento eluhlaza. Buhlukile kwezinye izindlela ezisebenzisa i-trivalent iron. Inqubo ye-oxalic acid iron(II) idinga isinyathelo esisodwa sokushisa. Ayidingi i-carbothermal reduction. Lokhu kuholela ekugcotshweni kwekhabhoni okufanayo nokukhiqiza okulula. Kusho futhi ukusetshenziswa kwamandla okuphansi kanye nesikhala esincane sezinto zokusebenza. Imikhiqizo ye-Jiangxi Shenghua njengamanje ifinyelela ku-compaction density engaba ngu-2.6 g/cm³. Umthamo wayo okhona we-LFP enomthamo ophakeme ngu-300,000 amathani.

Ukubambisana okujulile neFuling Precision kunikeza i-CATL umphakeli onezobuchwepheshe obuphambili. Kuqinisa nomthelela kaCATL ngaphakathi kwe-supply chain.

Ngaphezu kwalokho, i-CATL iqinisekise ukutholakala kwe-LFP esikhathini esizayo kusuka ku-Ronbay Technology. I-Ronbay yinkampani yezinto zokusebenza ezintathu. Isivumelwano sibaluleke ngaphezu kwezigidi eziyi-120 zesigidi sama-RMB eminyakeni emihlanu. "Leli oda elihlala isikhathi eside elibalelwa ezigidini zezigidi," lihlangene "nokutshalwa kwezimali kwamasheya wezinhloso ezithile," liqinisekisa uchungechunge lokuhlinzekwa kwe-CATL. Kuzophinde kwandise ukugxila embonini emkhakheni we-LFP. Isabelo semakethe cishe sizohlanganiswa kubakhiqizi abahamba phambili, abanama-cost aphansi.

Okwesibili, i-CATL ibaluleka ukubambisana kwezinsiza kulo lonke uchungechunge lwezimboni. Ubambiswano ludlula i-LFP. Luhlanganisa ukuhlanganisa izingxenye zokugcina amandla ze-Fuling Precision emaphrojekthi e-CATL. Lezi zingxenye zihlanganisa amaphampu, amavalvu, kanye nezilawuli. Ukubambisana kuphinde kuhlanganise izinhlelo zokudonsa ngogesi, izinjini, kanye namalunga kagesi ezimishini ezihambayo. Lezi zizoba yingxenye yamaphrojekthi ezimvelo e-CATL. Amaphrojekthi ahlanganisa izinhlelo zesistimu ye-CTC, izixazululo zokugcina amandla, imishini ezihambayo, kanye nemizamo yezomnotho ongaphansi kwezindiza.

I-Fuling Precision izosebenzisa i-RMB eyizigidi ezi-3.175 ezivela ekubekeni kwangasese kumaphrojekthi amaningana. Lokhu kufaka phakathi iphrojekthi ye-LFP yokugcina amandla aphezulu enomthamo wamathani angama-500,000 ngonyaka. Izimali zizophinde zihambe kumalungu abalulekile ezinhlelo zokudonsa izimoto ezintsha zamandla kagesi. Amanye amaphrojekthi abandakanya izinhlelo ezihlanganisiwe zamalungu kagesi ezisebenzisa amarobhothi, amalungu abalulekile ezinhlelo zokushayela izimoto ezihlakaniphile, namalungu abalulekile ezinhlelo zamandla ezindiza ezingezansi.

KwaFuling Precision, ubudlelwano obujulile ne-CATL buqinisa ibhizinisi layo eliyinhloko. Kusiza inkampani ukuba ibe "umholi we-LFP kanye nomqalisi wokulawula okuhlakaniphile." Kuyanciphisa futhi nezingozi ezihlobene nokukhethwa kwezindlela zobuchwepheshe.

"Imboni ye-LFP inkulu futhi idinga utshalomali olukhulu. Uma iFuling Precision itshala yodwa, singabhekana nezingozi eziningi. Isidingo se-LFP enokuminyana okuphezulu sikhulu kakhulu, futhi ubuchwepheshe buyaqhubeka nokuthuthuka. Njengomholi wemboni, ukubandakanyeka ngqo kwe-CATL kungasiza ukuqinisa le ndlela yobuchwepheshe," kusho uLi Pengcheng. ULi ungusihlalo omkhulu weFuling Precision. Wenza lezi zitatimende engxoxweni yangaphambilini.