Musk set off a new era of energy with Tesla. On the cusp of the new era, Contemporary Amp Technology Co., Ltd. strives for its own "lonely world" with power batteries.

Recently, when I was searching the information of well-known domestic investment institutions, I found a company named "Contemporary Amp Technology Co., Ltd.", which frequently appeared in the investment case lists of many well-known investment institutions. Gaolin Capital invested in it, deeply invested in it, Junlian Capital invested in it, Chaos Investment also invested in it, in addition to Morgan, Honda, UBS, Guotai Junan and many other capital predators. ...

Contemporary Ampere Technology Co., Ltd. is a new energy technology company (CATL) and the first internationally competitive power battery manufacturer in China. Founded on 20 1 1 and headquartered in Ningde, Fujian. Although its name may not be as widely known as Ali and Huawei, friends who play stocks or are keen on new energy will definitely be jealous of this "fairy company" in the A-share market.

20 18, Contemporary Ampere Technology Co., Ltd. landed in Shenzhen Stock Exchange. At that time, the issue price was over 30 yuan. However, just two years later, the share price of Contemporary Ampere Technology Co., Ltd. soared. Take a few days ago as an example. 10 On the first day of A-share opening 10, the share price of Contemporary Amperex Technology Co., Ltd. soared by 7.49%, with a closing price of 22.487 yuan and a market value of 523.8 billion yuan, a record high.

What supports its soaring share price is of course its brilliant achievements in the field of new energy, especially in the field of power batteries: as an important battery supplier of Tesla and the number one power battery manufacturer in China, Contemporary Ampere Technology Co., Ltd. occupies the second place in the global power battery manufacturer of electric vehicles with a market share of 24%, while the number one LG Chem of South Korea accounts for 25%.

Since its establishment in February, 20 1,1,Contemporary Ampere Technology Co., Ltd. has won the top spot in the world industry in less than nine years. What's the secret behind this rocket-like development speed?

1

Born into a "noble family"

Contemporary Ampere Technology Co., Ltd., the full name of which is Contemporary Ampere Technology Co., Ltd. and Limited New Energy Technology Co., Ltd. (CATL), was actually born out of the power battery department of ATL New Energy Technology Co., Ltd. (ATL), and most of its executives came from ATL.

Zeng Yuquan, the founder of Contemporary Ampere Technology Co., Ltd., worked as R&D director in SAE, a wholly-owned subsidiary of TDK Group in Japan. This company is a famous new material company, which mainly produces hard disks, magnetic heads and digital video recorders. Its products are supplied to international digital giants such as Samsung, Toshiba, Fujitsu, Hitachi and Western Digital.

1999, Zeng Yuquan resigned and started a business. Together with others, he set up a company in Hong Kong called Amperex Technology Limited, also known as ATL. And this ATL, after purchasing the patent authorization of polymer lithium-ion battery from Bell Laboratories, successfully broke the fatal defect that lithium batteries are easy to swell and bulge after repeated charging, and successfully counterattacked. Since 200 1, it has become the battery supplier of Apple.

With the gradual development of Apple, ATL has also become the global leader in lithium battery consumption. ATL li-polymer has been ranked first in the world for eight consecutive years since 20 12. Apple, Huawei, Xiaomi, OPPO and VIVO are all customers of ATL.

However, as early as 2005, when ATL's business was booming, a shareholder withdrawal event triggered the change of ATL's equity. In the end, the old club of the three entrepreneurs, Japan TDK Group, acquired the 1 00% equity of ATL for1100 million dollars.

Later, Contemporary Ampere Technology Co., Ltd. was a power battery division separated from ATL.

2

Standing at the "wind outlet"

In 2008, China government began to support the new energy automobile industry, and ATL management smelled the opportunity and decided to set up the power battery department. However, at that time, due to the restrictions of laws and regulations, wholly foreign-owned enterprises could not produce power batteries, so Zeng Yuqun advocated the independence of R&D department, and established Contemporary Ampere Technology Co., Ltd. under the leadership of Zeng Yuqun on 201/kloc-0.

In 20 12, BMW Brilliance invited the domestic power battery supplier, Contemporary Ampere Technology Co., Ltd. to enter BMW Brilliance's field of vision by virtue of its long-term experience in the battery field, and was finally selected successfully, becoming the first manufacturer in China to sell power batteries to a joint venture at that time, laying the experience and foundation for the subsequent cooperation between Contemporary Ampere Technology Co., Ltd. and car enterprises.

In the following years, with the strong support of the government, China's new energy automobile industry grew explosively. On the one hand, in order to solve the energy crisis, the state subsidizes and supports new energy sources, such as "automobile sales subsidies"; On the other hand, it also directly gives policy guarantees.

20 10 in may, China's national patent reexamination board made an invalid decision on the core patent of lithium ferrous phosphate previously applied by Canadian H-Q company, which saved the lithium battery industry in China.

In the 20 1 1 version of the Catalogue of Industries with Foreign Investment, the production of automobile power batteries by wholly foreign-owned enterprises is explicitly restricted. This has won valuable development time for China lithium battery industry with weak technical strength.

2065438+June 2006, the Ministry of Industry and Information Technology released the fourth batch of certified battery suppliers, and all the 32 certified lithium battery enterprises were China companies. Excluding LG Chem, Samsung SDI and South Korea SKI, there is no state subsidy for electric vehicles carried by lithium batteries of Korean companies. China lithium battery enterprises have once again gained valuable development opportunities.

A series of strong government support has protected the lithium battery industry in China, especially Contemporary Amp Technology Co., Ltd.. In the same period, BYD, also a competitor, chose lithium phosphate battery with limited energy density instead of higher-end ternary lithium battery, which created a good opportunity for the success of contemporary Ampere Technology Co., Ltd.

In this way, relying on excellent battery performance and stable quality control, Contemporary Ampere Technology Co., Ltd., a new company in 2065,438+08, achieved a share of 465,438+0% in China, and BYD, the second-ranked company, only had a share of 20%.

three

Powerful "circle of friends"

Matthew said in the Gospels, "Whatever is little, even what he owns, must be taken away. If you have more, give it to him and tell him that the more the better. " Under the influence of Matthew effect, Contemporary Ampere Technology Co., Ltd. soon became the industry leader. Look at the circle of friends of contemporary Amperex Technology Co., Ltd.: All head car companies, such as Daimler, Hyundai, Jaguar Land Rover, Peugeot Citroen, Volkswagen and Volvo, are customers of the company, even Tesla, which has been in the limelight recently.

On February 3 this year, Contemporary Ampere Technology Co., Ltd. announced the supply of lithium-ion power battery products to Tesla. As soon as the news came out, the market value of Contemporary Ampere Technology Co., Ltd. went straight to 300 billion yuan. According to the contract, the battery supply of Contemporary Ampere Technology Co., Ltd. is not less than 40% of the planned production capacity of Tesla Gigabyte Shanghai (Phase I). This will bring 20% shipment growth to Contemporary Ampere Technology Co., Ltd..

In this way, Contemporary Ampere Technology Co., Ltd. has rapidly grown into the world's largest power battery enterprise, and built a "circle of friends of domestic automobile enterprises" including mainstream traditional automobile enterprises and new automobile enterprises such as SAIC, GAC, Geely, Dongfeng, FAW, Weilai and Weimar.

So how was this powerful circle of friends established? In addition to the call of Ningde's own strength, it is inseparable from its own efforts.

2065438+March 2005, the Ministry of Industry and Information Technology issued "Standard Conditions for Automotive Power Battery Industry" and listed "White List of Power Battery" to stimulate the development of new energy vehicles in China. Its core content is summed up in one sentence: power battery is based on energy density, and domestic power battery manufacturers are the main lineup.

This policy ushered in the real spring of contemporary Ampere Technology Co., Ltd. Within two years, Contemporary Ampere Technology Co., Ltd. won the first place in the global power battery shipment list and topped the list.

20 19 The state cancels the "white list" to protect the domestic power battery industry. In order to cope with the disappearance of the policy dividend, Contemporary Amperex Technology Co., Ltd. has set up joint ventures with major car companies for "bundling sales" on the one hand, and also vigorously increased the upstream and downstream of the industrial chain on the other.

At present, FAW, GAC, Dongfeng, Geely, SAIC and many other car companies have established joint ventures with Contemporary Ampere Technology Co., Ltd. for cooperation. Among them, Contemporary Ampere Technology Co., Ltd. holds 565,438+0% shares in the joint venture company established with FAW and Geely, and holds a controlling stake.

On August 1 1 this year, Contemporary Ampere Technology Co., Ltd. announced that it intends to invest in high-quality listed enterprises in the upstream and downstream of domestic and foreign industrial chains by means of securities investment, with a total investment of no more than1906.7 billion yuan. The first order is the leading intelligence of its largest equipment supplier. Through this investment, Contemporary Ampere Technology Co., Ltd. tries to make up for the shortcomings of imperfect supporting facilities and insufficient supply of key resources in the industrial chain, strengthen cooperation and coordination in the industrial chain, and improve resource utilization efficiency.

Good wind, with its strength, sent me to Qingyun. Since the establishment of 20 1 1, Contemporary Amp Technology Co., Ltd. has surpassed many large companies in the industry and won the title of global power battery in less than ten years. Along the way, with the rapid development of new energy and the support of policies, it has taken advantage of the right time and the right place to become a unicorn enterprise with a market value of 100 billion. In the broad future market of China automobile enterprises, the voyage of Contemporary Ampere Technology Co., Ltd. will continue to create new glories!