Ten years to sharpen a sword, not forgetting the beginning is always the way to go

Recently DINHO new material announced the completion of tens of millions of Pre-A round of financing, this round of financing by the Changxing financial control for investment, mainly used for the Changxing intelligent production base of the commissioning of the Eucalyptus Capital as a financial adviser for this transaction.

In the past two years, the global power battery industry market development continues to rise, lithium iron phosphate battery is also continuing to accelerate, exceeding the ternary lithium battery trend. The downstream new energy vehicle fire also for the industry upstream core industry to create an upward market prospects. A number of battery upstream material companies are accelerating the pace and expanding production capacity. Take our core product carbon coated aluminum foil as an example, the product is the main material of the collector in the anode material of lithium iron phosphate battery, mainly using conductive carbon material and special binder to coat the battery aluminum foil, to solve the adhesion of the coating of the pole piece as well as lithium iron material conductivity is not good for the two core problems, thus improving the battery charging and discharging efficiency and service life.

With the rapid expansion of production capacity in the battery industry, professional carbon coated aluminum foil enterprises will gradually become the mainstream of the industry due to their advantages in technology and cost. In particular, lithium iron phosphate batteries continue to accelerate, and will continue to maintain a market share of more than 60% in 2022 in terms of production as well as installed capacity. The downstream new energy vehicle fire for the upstream core industry chain upstream to create a good market outlook. The supply chain strip expansion speed can not keep up with the expansion speed of battery manufacturers, resulting in an imbalance between supply and demand. At the same time, carbon coated aluminum foil industry concentration is currently very dispersed, at this time to speed up the new production line put into production speed, quickly match customer demand, is the key to enhance market share. DINHO New Material not only has better performance of collector carbon coated aluminum foil, but also can realize high-speed coating, achieving a coating production speed of 200 meters per minute.

DINHO New Material has been committed to the research and development and application of functional coating technology in the field of new energy for many years. The company has been plowing into the application of new energy functionalized coating for 10 years around the integrated strategy of “coating + application”, and is one of the earliest manufacturers in China to possess high-precision coating technology with nano-based slurry. The company's nano water-based conductive paste technology and high-speed coating technology solves the interface infiltration problem between the rolling residual oil on the surface of aluminum foil and the paste, which effectively improves the performance of the product, improves the production efficiency and yield, and effectively reduces the cost.

Mr. Wang Zhengqiang, the founder of DINHO, said: DINHO New Material has been established for nearly 10 years, and has been sharpening its sword for 10 years, ploughing into the key material technology of new energy batteries, and possessing a number of patents of its own core technology, and its products have been applied to the fields of power batteries, energy storage, and high-precision deep dive and aerospace, and have also been exported to Japan and the United States, and have gained the recognition of domestic and foreign customers. The financing is also supported by the government of Huzhou Changxing, which has a deep industrial foundation and location advantage in the field of new energy. In Huzhou Changxing total investment of 540 million yuan, divided into two phases of planning, investment in the construction of 40 production lines, all investment in production, carbon coated aluminum foil and functionalized coated diaphragm and other core products will enter the industry's first echelon of the scale of production and marketing, annual output value of up to 3 billion yuan.

DINHO New Material will continue to give full play to DINHO's advantages in technological innovation, uphold the corporate value concept of “continuous innovation, excellence, cooperation and win-win”, and strive to become a benchmark in the field of functionalized coating in China.

Mr. Gu Changfeng, Partner of Eucalyptus Capital, said, “DINHO occupies the dual boom track of carbon coated aluminum foil and coated diaphragm, and its major customers have already completed the introduction, which makes its growth highly certain. Carbon coated aluminum foil is widely used in lithium iron phosphate and sodium ion batteries, with great demand and low industry concentration, which belongs to the golden track. DINHO's products have obvious advantages in performance, cost, and customer introduction, with the release of production capacity of Changxing production base, is expected to rapidly increase the market share by virtue of the scale of the advantage, step into the industry a echelon.