New energy boom continues to ferment Zhenhua technology 19.8 million "touch" lithium

New energy boom continues to ferment today, another listed company into the new energy sector, Zhenhua Technology announced investment nearly 20 million yuan into the field of lithium batteries. Zhenhua Science and Technology Board said, in order to seek new economic growth point, and based on lithium-ion Power Battery Market prospects, Zhenhua Technology announced its involvement in the field.　　Zhenhua technology to find the partner is Li Shujun, both sides are ready to invest in Dongguan Dongguan Zhenhua New Energy Technology Co., Ltd., the new company registered capital plan for 20 million yuan, of which Zhenhua technology accounted for 99% of them, Li Shujun accounted for only 1% of the shares. Zhenhua Science and technology plan in two or three years time, in the electric bicycles, light electric vehicles and power tools in the market to achieve a substantial breakthrough, the formation of a stable business scale and a complete power battery industry team.　　The project is expected to invest 20 million yuan, of which 15 million yuan construction capital, bedding liquidity 5 million yuan. Zhenhua Science and Technology 2009 earnings show, last year, the company income of 2.207 billion yuan, an increase of 8.43%, to achieve net profit of 31.18 million yuan, an increase of 26.07%, product comprehensive gross profit margin of 18.51%.　　In the first quarter of this year, Zhenhua technology income of 622 million yuan, an increase of 54.02%, achieve net profit of 8.76 million yuan, an increase of 21.21%, but the overall gross profit margin of the product fell to 16.3%, compared with the decrease of 2.21% last year. "The gross margin of lithium-ion batteries for electric vehicles exceeds 20%. Cao Jianhua, vice president of New Energy, Shenzhen Bangkai, said yesterday that most of the electric car battery business is still in a loss situation, but the market outlook depends largely on state support policies.