Leading battery company

by:Power Kingdom     2021-04-25
Leading domestic lead battery manufacturer for motorcycles. Founded in 2001, the company is mainly engaged in the research and development, production and sales of various lead storage battery products. The company’s products are mainly high-end motorcycle starter batteries, with an export ratio of more than 60%. It is the largest domestic and second-largest motorcycle battery equipment supplier in the world. Shanghe is the world’s first manufacturer of gel batteries for motorcycle starting. The company's motorcycle starter lead-acid battery production technology is in a leading position in the world and domestically.   High-end market positioning and strong profitability. The company focuses on the high-end motorcycle starter battery replacement market, and high-end products account for more than 60% of the company's revenue. The average selling price of the company's motorcycle starter batteries is 0.6-0.8 yuan/mAh, while the average market price is only 0.3-0.4 yuan/mAh. The higher-end product positioning enables the company's product gross profit margin to stabilize at more than 25%, which is more than 5 percentage points higher than that of domestic competitors in the same industry. The higher gross profit margin ensures the company's strong profitability.   The adjustment of national policies and industry structure has promoted strong downstream demand. Last year, the nine ministries and commissions of the United Nations (Weibo) Council of the Ministry of Environmental Protection issued the 'Notice on the Intensive Implementation of Actions for the Improvement of Illegal Pollutant Discharge Enterprises to Ensure the Health and Environmental Protection of the People'. 583 companies have been banned and closed, 405 companies have been suspended for remediation, 610 companies have been suspended, and 80 companies have been under construction. Only 252 companies are in production, while the company's main factories are all in production. The country's vigorous rectification of the lead-acid battery industry last year resulted in a significant drop in the production capacity of lead-acid batteries, and the domestic lead-acid battery market is in short supply. As a leading company in compliance, the company will benefit from industry rectification, and this year's performance is expected to grow rapidly.   The global lead battery market is growing steadily, and domestic demand is growing rapidly. The battery has a wide range of applications, covering three major areas: starting, power, and industry. The higher starting rate and stronger cold start ability of lead-acid batteries make it a great advantage in the application of starting batteries; the stability of lead-acid batteries in harsh environments and the relatively low cost make them the most suitable The high cost performance and safety performance of lead-acid batteries also enable it to occupy a stable market share in power batteries. Therefore, lead-acid batteries will continue to maintain steady growth in the future, and the global growth is expected to exceed 4% in 2012.
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