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"New Energy Materials" Mengguli goes public today

Industry information
2023/08/08 10:00

On August 9th, the investment portfolio of Jiarui Capital - Tianjin Guoan Mengguli New Material Technology Co., Ltd. (securities code: 301487, stock abbreviation: "Mengguli") was listed on the Shenzhen Stock Exchange Growth Enterprise Board, with an issuance price of 5.32 yuan per share.

Mengguli New Materials has entered the lithium battery positive electrode material market since 2000 and won the "National Science and Technology Progress Second Prize" in 2005. It is one of the main suppliers of lithium battery positive electrode materials in China. After more than 20 years of continuous research and development investment, the company has mastered multiple core technologies in the field of lithium battery positive electrode materials, and has the ability to design, optimize, and continuously improve the production process of lithium battery positive electrode materials. It also has the development and production capacity of high-voltage lithium cobalt oxide and high nickel series ternary materials. In 2022, the sales scale of the company's lithium cobalt oxide products accounted for 8% of the national market share, ranking fourth in the industry.

Since its establishment, Mengguli has continuously invested and independently researched and developed various advanced technologies, including precursor precise control technology, ion doping technology, surface coating technology, surface modification and defect state reconstruction technology for secondary spherical high nickel ternary cathode materials, control synthesis technology for single crystal high nickel ternary materials, and production technology for high capacity and high voltage solid multi-element cathode materials. At the same time, the company also has the ability to accurately control moisture and magnetic foreign objects in the 10000 ton high nickel workshop by introducing intelligent production and manufacturing technology. The application of various advanced technologies and equipment has improved the energy density, long-term cycling performance, storage performance, safety performance, etc. of materials.

The issuance price of Mengguli this time is 5.32 yuan/share, with a market value of approximately 2.137 billion yuan at the time of listing. The company expects to raise 700 million yuan in funds.