China Baoan "Graphene has been in the middle test" saying there are many doubts

When the "graphite ore" was successfully falsified by the media, and the relevant brokerage report authenticity was questioned at the same time, China Baoan (000009.　　SZ) 's graphene puzzle is still unresolved.　　March 23, China Baoan in 2010 Annual report disclosed that Guotai and other brokerages have indeed investigated China Baoan subsidiary Betry, and in the annual report, China Baoan continued to emphasize the "graphene has completed a small trial, is in the pilot."　　In fact, the previous March 15, in answer to the media on the "graphite ore" in the clarification of the report, China Bao ' an response that is in the first part of the company to emphasize the development of graphene, and should be the first response to the "graphite ore" was the company placed in the third part.　　Since last October, when graphene was awarded the Nobel Prize, Bao ' An is the first share of the "graphene" concept in the A-share market.　　However, according to a number of reporters survey found that China Baoan disclosed the "graphene has been in the pilot" argument there are many doubts. March 23, there are close to the Chinese Baoan industry experts told reporters, "according to my understanding, China Baoan at least before the year has not started to do graphene, even the test has not started."　　"And according to the development cycle of graphene, in less than three months time, China Baoan completed by a small test into the trial of the possibility is not." Previously, China Baoan company Betrigau Tummeja has mentioned in a forum "fluoride expanded graphite Technology" preparation method, the industry experts also said, "This technology belongs to the scope of graphene oxide, but not the current top technology."　　"The prospect of graphene, which is quite bullish on the market, may not be so brilliant." New materials research experts told reporters that graphene is currently making more difficult: single-layer graphene is extremely unstable, large size is difficult to manufacture; two or more layers of graphene have their properties changed, and the number of layers is much the same as ordinary graphite.　　In other words, the good properties of graphene are different in macroscopic applications, that is, the future of the application of graphene is artificially exaggerated.　　What is the truth about the Chinese security graphene? "I haven't started experimenting until a year ago." Graphene is a sheet of graphite made up of only one layer of carbon atoms, prepared by the British two scientists Andre Jame and Konstantin Novoselov in 2004.　　Graphene is not only the thinnest of known materials, but also very firm and hard, and as a simple substance, it transmits electrons at room temperature faster than a known conductor. In the current public hype, graphene has extraordinary electrical conductivity, dozens of times times the strength of steel and excellent light transmittance, not only to develop paper-thin lightweight aircraft materials, super tough bulletproof vests, and even to make "space elevator" cables.　　Its emergence is expected to trigger a revolution in the field of modern electronic science and technology, it is expected to replace silicon production supercomputer, manufacturing photonic sensors, transistors, touch screen and so on.　　October 5, 2010, Andre Jame and Constantine-Novoselov won the 2010 Nobel Prize in Physics for his "groundbreaking experiment" with graphene. and 2 monthsAfter January 20, China Baoan Bulletin, "since 2008, a subsidiary of the company in the original graphite technology based on the beginning of the research and development of graphene and industrialization." At present, the preparation of graphene has been completed in the pilot test, and has submitted the product related technology of the invention patent application.　　Since then this statement by the Chinese Baoan as a unified answer has been repeatedly stressed. March 23, China Baoan Securities Office explained to reporters that the pilot is industrialized production before the laboratory stage.　　After the success of the pilot only have the conditions of industrial production, but not equal to the industrialized production.　　But the company's disclosure has many doubts. March 23, a close contact with the Chinese Baoan industry experts told reporters, "Years ago when we contacted, China Baoan has not started to make graphene, even the test has not." The bank experts said that in the past year, China Baoan has contacted, consulted and hope to work together on graphene research and development. "From the process of their communication with me, I found that they have nothing to prepare, knowledge of graphene is not known to You (reporter) more." As for the Baoan, "expanded graphite technology for fluoride", "according to my understanding, the things made should belong to the oxidation of graphene, technically not at present the top technology."　　The expert in the line stressed.　　The experts said that the research and development of the graphene disclosed in Bao ' An, "only their early capital operation", with graphene itself.　　Then, China Baoan can be in the Spring Festival before and after the last 2 months from scratch to complete a small trial, into the pilot?　　The industry expert said that the trial is the laboratory's unfinished product phase, the pilot showed that there are finished products, the pilot test after the success of the manufacturing method is different to small-scale production time is also different. At present, the research and development of graphene at home and abroad, "small try to the test according to the method of different needs of a few months to a few years, a few days is impossible to do, one or two months, if the collection of top experts at home and abroad, provide first-class conditions may be completed, but this is unlikely "The experts in the line stressed," the current domestic research and development of graphene without the participation of foreign experts, the basic impossible to make advanced things, after all, graphene foreign studies earlier. "This means that China Baoan is basically unable to complete a small trial in the last two months to enter the pilot." This is not in accordance with the information disclosed by the Chinese Baoan, nor in line with the previous Betry Gao Tanmei announced "expected to be put into production in January 2011, the hope can be made hundred kg grade products."　　[Page] and in fact, the reporter learned that the current domestic commercial production and sales of graphene company mainly has two: Nanjing Gillette Nano Technology Co., Ltd. and Shanghai Ju NA Technology Co., Ltd. Taizhou Juli Breathing Energy Co. Reporter to venture capital identity from the above two companies in charge of the company to understand that Nanjing Gizan is currently only small-scale production, a production of more than 10 grams, and products to reach the technical level needs to wait until the second half of this year. Current sales of graphene productsSales are mainly directed to universities and institutes such as scientific research, each sale 0.5 grams to several grams. Taizhou Giant disclosed that the company mainly produces Single-layer graphene, because of cooperation with Samsung research, the current addition of graphene can reach more than 20 centimeters. But the existing capacity is only about 100 grams per quarter, completely not to the extent of production.　　Product sales are mainly oriented universities and some large enterprises, the overall volume is not big. "At present the company capital demand is small, it will be a few years before the market may develop," said the official in Nanjing. Now, the venture is at least 2-3 years early. "Taizhou giant also said," 5-10 years after the downstream application of graphene will be developed, the volume of production of graphene is of economic value, now even if the market is very limited, not to mention the technical difficulties. "From the above information, China Baoan has exaggerated its own graphene research and development of the suspicion, what is its intention?" [Page] who is "graphene" trumpeter China baoan into graphene, the current reporter can find the earliest public evidence is, October 22, 2010 23rd, the fifth session of the South China Lithium Battery (International) High-level Forum held in Shenzhen, China Baoan subsidiary Betrigau Tummeja in the forum said, " We have started this work in 2008, on the basis of Betry graphite fluoride technology, the use of fluoride expanded graphite technology to make graphene.　　We are currently building a pilot production line, expected to be put into production in January 2011, we hope that the month can be made hundred kg grade products.　　In the network, there are articles that previously on the company's Web site has been published "Betry has been successfully produced graphene," the picture, soon after last year's Nobel Prize, "Betry website on the graphene picture is quietly disappeared." But the reporter has not been able to find the image on the Betry website, however, in the Betry company profile is still the following introduction, "In the next 5-10 years of advanced materials development, Betry developed and industrialized lithium titanate, lithium iron phosphate, layered lithium manganese oxide, hard carbon, nano conductive materials, graphene, conductive graphite,　　Carbon fiber and other international leading level, leading the industry's development direction.　　The introduction of graphene was first quoted in the report of the November 5, 2010 Ping An securities "sitting in the negative faucet, new energy business".　　And China Baoan stock price breakthrough 12 yuan resistance platform also around here. After the October 5 Nobel Prize was released,　　October 18, China Baoan created 10.75 yuan stage low prices began to climb slightly, 23rd Meijia in the Forum on the release of graphene will be mass production of news, the stock price quickly break through the early highs, to November 5 Ping An securities report up to 17.11 Yuan, then continue to counter the trend up to 19.16 Yuan November 25. From December 22 to January 18, 2011, the market continued to be affected by the rapid decline, China baoan stock prices fell to 13.3 yuan. 19th, the market rally led China Baoan bottoming rebound, the largest increase of 7.66%, this is not obvious increase, and not the day of the two cities outstanding stocks, China Baoan but unusually active release announcements.　　On 19th, it released the "New Product launch Progress Bulletin," said, "subsidiary Betry Research and Development of new products graphene, recently received market attention." However, the reporter did not search until January 19, 2011, any information on the Chinese Baoan graphene in the media publicly reported that in the stock bar and other rumors are not found in January, similar to graphene news.　　Earlier in the December 2010, there were two of posts discussing graphene mass production, but that was not a concern.　　"New Product launch Progress Bulletin" after the release of the January 20 market low drive low, China Bao ' an opened rapid impact trading, the whole day to create 80.45 points, 2.92% of the rare decline, Bao ' An, China Baoan although open trading but still closed up 7.92%, and therefore leading the market out of the adjustment. For the announcement of the contents of Bao ' An, January 21, Ping An securities and Guotai are timely release bullish research report. Guotai refers to Bao ' an in this can lead the next 20 years development of new materials developed has taken a leading step, and from the progress of patent applications, has been small results. "Based on a very safe valuation, the development of graphene has opened up a huge space for future growth for the company," he said. Maintain overweight rating and suggest a positive configuration. Ping An securities also believes that the Bao ' an graphene test successfully entered the pilot phase, for Baoan future performance of rapid growth provides a strong impetus. "The future performance of China Baoan is expected to grow rapidly." Maintain a highly recommended rating for the company. Bao ' An's share price soared again and again before and after the Spring Festival, up to 25.45 yuan by February 22.　　As a result, it has risen by as much as 136.74% since the Nobel Prize was announced. At the same time, the mining and questioning of the concept of China Baoan graphene emerged at the same time, and the March 15 China Bao ' An clarification bulletin is the most intense, in the meantime "for graphene research and development of the vast space of the graphite ore resources" was the focus, once concealed the Chinese Baoan graphene concept halo. [Page] Now, the graphite ore has been confirmed not exist, but the future is not certain.　　In the clarification notice of China Baoan, "the specific location of the prospecting right is not yet clear, the area is unknown, and the company can not determine whether to obtain the right to prospecting, can not determine whether to explore the mine after the acquisition of prospecting rights", and the Jixi local government letter to ensure that all the foreshadowing.　　Yet again the emphasis on graphene research and development has revived the market's memory. March 22, after the storm, China's shares in Baoan began to stabilise.　　In the evening, China Baoan disclosed 2010 Annual report, the annual report "Product research and development, the company developed a new product graphene has completed a small trial, is in the middle of the test" information is again stressed. March 23, China Bao ' an "graphene research and development has completed a small trial, has been in the pilot" news all over the network, its share price high open high, once the impact of trading, tail plate to 7.4%, turnover regain a strong stage level. After the "graphite ore" storm, the concept of the Chinese Baoan graphene in the market again entered a new stage.