South All power supply: Leading communication valve-controlled sealed battery enterprise

Zhejiang South Capital Power Co., Ltd. (hereinafter referred to as the South are all power supply, stock code 300068) today officially in the Shenzhen Stock Exchange gem listing.　　Our main products are high-capacity VRLA batteries, mainly used in the field of communications, at the same time in power, railways, military equipment, such as back-up power systems, solar energy, wind energy storage systems and vehicle power systems and other fields are widely used.　　Industry insiders believe that the south is the domestic valve-regulated lead-acid battery leading suppliers, the company's listing of funds is to achieve the company to become one of the world's leading communications valve-controlled sealed battery business objectives, in line with the company's main business direction of development. Leading lead-acid battery suppliers It is understood that the south is the main business for chemical power supply, new energy storage products research, development, manufacture and sales. Company main products for the "South" brand high-capacity valve-controlled sealed batteries, mainly used in the field of communications, at the same time in power, railways, military equipment, such as back-up power systems, solar energy, wind energy storage systems and vehicle power systems and other fields are widely used.　　At present, the company has become one of the largest telecommunications valve-regulated sealed battery professional production enterprises. Since its inception, the main business and major products have never changed.　　In December 2008, the company acquired lithium-ion battery operating assets in Shanghai, lithium-ion battery business related research and development, production and sales into the company's overall operating system. It is worth noting that the current main business of the South are valve-controlled sealed batteries and lithium-ion batteries, belonging to two times battery category. Among them, Vrla batteries belong to the category of lead-acid battery. Lead-acid battery has the advantages of large capacity, high safety and reliability, high current discharging performance, wide application temperature range and high regenerative cycle utilization, and has always been dominant in chemical power supply, and the whole industry has been growing, and now occupies two times of battery market 75% (Power number).　　Because of its economy, large capacity, high power discharge, the use of security advantages of other types of batteries is difficult to replace, so the future will remain in the battery market in the development of a solid position. According to China's chemical and Physical Power Industry association statistics and Jiangsu Double Deng, Harbin Guangyu announced the company's annual report, 2007 and 2008 China's valve-controlled sealed battery production enterprises sales revenue rankings,　　Company 2007 sales of 903 million yuan, ranked third, 2008 sales of 1.567 billion yuan, ranked third. At the same time, the South has a provincial-level enterprise Technology Center and Research and Development center, many times to undertake national and industry standards for the formulation of work.　　The company has 47 patents, a number of products and technologies for the industry initiative, in the industry leading position in technology.　　Industry insiders pointed out that the company is one of the earliest to enter the communications valve-controlled sealed battery industry, a high starting point, rapid development, over the years in the industrial scale, technical level, market development has maintained a leading position in the industry. In addition, the South is the power of China's chemical and physical Power Industry Association vice ChairmanUnits, the international advanced lead-acid Battery Federation (ALABC) member units.　　In recent years, the company through the acceleration of product replacement, rich product series and continuous technological innovation and fine management, profitability and management quality, scale efficiency is increasingly obvious, has gradually formed a more significant scale advantage, in the industry's competitive advantage is more obvious.　　At present, the South power supply in the domestic counterparts, the product overseas sales revenue ranked first, the domestic market ranked third, is the domestic telecommunications operators, one of the main back-up battery suppliers.　　Advanced technology Advantages Analysts pointed out that the existing core technology of the South is the introduction of international advanced battery technology, after more than 10 years of continuous technological innovation, in the field of back-up battery professional formation of a comprehensive, unique, to achieve the international advanced level of specialized back-up battery core technology system. It is reported that the Southern power since its inception, has always attached great importance to technical work, has formed a scientific and reasonable technology innovation mechanism and innovative atmosphere, training has a wealth of theoretical and practical experience of the core technical team, with strong independent innovation and product development capabilities. The company implements the research and development strategy of "research and development generation, reserve generation", while improving the refinement of existing products, continuous research on the precursor technology of power supply field, such as fuel cell, super capacitor, polymer lithium ion battery, nanometer colloid battery, hybrid battery, standby lithium iron phosphate battery and other products and technology development , occupy the forefront of technology in the industry.　　The company will effectively transform the technical advantages of products to the comprehensive advantages for the company in recent years the rapid development of a strong guarantee. At the same time, the Southern power supply attaches great importance to basic research, to basic research to promote technological progress and process improvement, and constantly introduce new technologies, new products, and actively explore the market, to ensure the sustainable development of the company, effectively maintain the product in the market competitive advantage.　　Company for High-tech Enterprises, High-tech Enterprises in Zhejiang Province 100 and Hangzhou, the first batch of independent innovation outstanding enterprises, Zhejiang Province Patent model enterprises. As of December 31, 2009, the company has obtained 47 patents, including 12 invention patents. Company Technology Center in 2000 to obtain the title of the Provincial Research and development center, and repeatedly undertook the telecommunications operators and other commissioned product testing, participation in the Ministry of Information industry industry standards, to participate in the valve-controlled sealing battery national standards and industry standards. To the end of 2009, the company has participated in the national and industry standards compiled a total of 19.　　In recent years, the company has more than 10 bear the international and domestic battery industry and the state, provincial and municipal projects of various types of research and development, and many times to receive government departments at all levels of incentives and technology innovation awards. Data show that the south of the new product development of the number and breadth of peers in the leading position. At present, the company has 18 series of 190 varieties of valve-controlled sealed battery products, 9 Series of more than 1000 varieties of lithium battery products, the industry is one of the most complete series of products. Due to continuous technological innovation and technology accumulation, the company'sBattalion's performance has been greatly improved, becoming one of the fastest-growing enterprises in the domestic industry.　　The technological innovation provides the motive force for the company's healthy sustainable and rapid development. Product advantages highlighted in addition to technical advantages, the South are power products and similar products, due to the use of advanced battery structure, formula design and production technology, with a certain cost advantages; composite Colloid products in the initial capacity, longevity and other performance and the market performance is good, ahead of competitors Long-narrow batteries in the industry's first successful development and access to scale applications, technology in the industry more advanced.　　In addition, the company has a strong technical team, in many ways also has a greater advantage. First in the LSE series of communications with the valve-controlled sealed battery technology.　　The series of products for the company's fourth generation of large batteries, with long life, higher than the advantages of energy, in 2007 through the Ministry of Information Industry organization of the ministerial appraisal, reached the leading domestic level. Next in the battery grid alloy and additive, positive and negative lead paste formulation technology.　　The company has obtained four invention patents in the technical field, through the improvement of these formulations, greatly improved the battery cycle life, improved the battery's large current discharge performance and high low-temperature discharge performance, in the domestic leading position. In addition, in colloidal electrolyte technology.　　The company started early in the domestic research of colloidal battery technology, through the nano-colloid electrolyte, polymer colloid electrolyte and other technology applications, greatly improve the battery's initial performance and cycle life, by the Zhejiang Economic and Trade Commission and Hangzhou Economic and Trade Council identification, the company in this technology ahead of the domestic counterparts. Moreover, in the unique battery manufacturing process.　　Through years of research, the invention of the battery grid rapid prototyping, high-temperature fast curing and other special processes, through these processes, extended battery cycle life, improve the uniformity of the battery, and greatly improve the labor productivity. Finally, in terms of battery performance. Company Battery cycle life and high and low temperature performance, over discharge recovery performance are superior to the domestic similar products, has a strong competitive advantage.　　Companies to develop communications with ferrous phosphate lithium batteries, lithium battery products in the high-power discharge of the domestic leading, low-temperature discharge technology leading the world, the degree of product series of domestic advanced.　　With market and channel advantages in the industry pointed out that the south are the power of products, technology, services and adhere to the "for customers want" innovative marketing concept won the recognition of well-known enterprises at home and abroad. It is understood that after years of market expansion and accumulation, the southern power supply stability occupy the domestic telecommunications reserve battery market in the top three. The company has completed the qualification of Major telecom system integrators worldwide and has entered the global supplier system of major telecom operators and communication equipment integrators and power product integrators.　　At present, the company has formed a reasonable customer structure, operator-level end-user ratio and the overseas market share has been improved each year, with strong market advantages. At present, the South power supply existing customers mainly have the following three categories: One is China Mobile, China Telecom, Unicom, Vodafone, the United States Sprintnextel, beautyT, Singapore Telecom as the representative of more than 20 telecom operators, the second is Ericsson, NSN Company, Alcatel-Lucent, Huawei Technology, Motorola and other representatives of telecommunications, equipment integrators; the third is Emerson, Eltekasa, Saftgroupe S.A., Delta Electronics,inc.　　Represents the power system integrator. South of the power of the office and service agencies have covered 29 areas of the country.　　Companies in the world's initial completion of the market layout, the establishment of the South Asia-Pacific, south of the United Kingdom, South America Office, in addition, in North America, the Middle East, Africa and other have access to the local licensing, and has a strong partner, with obvious channel advantages. Raise project funds to enhance competitiveness in recent years, with the company's domestic and foreign market sales layout is basically completed, the product successfully entered the major communications operators and communications equipment integrator of the procurement system, and the company's production capacity of the relative lag, supply and demand gap increasingly serious, the company was forced to abandon a large number of orders　　The contradiction between capacity and demand has become the main obstacle restricting the development of the company. South Capital Power This is intended to publicly issue renminbi common stock (A shares) 62 million shares, accounting for the total equity after the issuance of 25%.　　The actual amount of money collected after deducting the distribution fee is all used for the related projects and the operating capital of the main business development of the company.　　The funds are mainly invested in the new South valve-controlled sealed battery production line project, research and development base construction projects, other projects related to the main business note, the former two investment 530 million yuan, 25 million yuan respectively.　　It is noteworthy that the "New South Valve-controlled sealed battery production line Project" is the company's existing business model on the basis of High-tech starting point to optimize the layout of production lines, the application of international advanced valve-controlled sealed battery manufacturing technology to achieve new production line capacity reached 3.5 million kvah.　　"Research and Development base construction project" is the company to comprehensively improve product development and scientific and technological achievements conversion efficiency, the completion of technical application research platform, test platform, pilot platform construction, so that the company's technology center has become the valve-controlled sealed battery industry in the most influential development and testing center.　　Finally, "other operating capital related to the main business" is to enhance the company's liquidity, to deal with market risk, promote the company's main business development, the company also plans to use some of the funds raised in the main business related to the operating capital. Industry insiders pointed out that the fund-raising project is to realize the south of the power supply for the world's leading communications valve sealed battery business goals, in line with the company's main business development direction.　　Investment projects can expand the company's existing capacity to use the company in recent years process innovation, product development and other aspects of the results, to achieve industrial technology upgrades, improve product quality, reduce product costs. At the same time, investment projects can promote the development of Southern power supply, and further consolidate the company in the domestic counterparts in the leading technical position. Can also reduce the company's financial costs, improve the company to deal withRisk ability, for the company further development lay a solid foundation, the company's core competitiveness further improve. (Chen)