New energy vehicle trends Currently, under this trend, power batteries have become a vital part of the development of the entire industry. The prices of rare metal raw materials such as cobalt and lithium are also rising wildly due to the imbalance between supply and demand at this stage.
Haofeng Lithium is one of the most successful listed companies in the past few years. Before the stock market crash in June 2015, its stock price was around 19 yuan, and then fell to a minimum of 7.8 yuan in less than two months. When the market rushed down, investors needed to find a safe haven, they chose the leading company of lithium batteries.
In the first round, Yanfeng Lithium started to use a year from July 2015 to rise from 7.8 yuan to 40 yuan. In the second round, from the outbreak of new energy vehicle sales in February this year, Yanfeng Lithium Industry rose from 25 yuan to 95 yuan today. In the past two years, the market value has soared 11 times. Although the growth of other lithium battery concept stocks is not too much, it is still very impressive. This is enough to illustrate the entire market, the urgent need for power batteries.
Ok, now that we are talking about something interesting, Yanfeng Lithium disclosed the gross profit margin of the lithium battery business in its financial statements:
The gross profit margin of the lithium battery business disclosed in December 2015 was 20.13%;
In June 2016, the lithium battery business gross margin was 11.15%;
In December 2016, the gross profit margin of the lithium battery business was 10.6%;
In June 2017, the gross profit margin of the lithium battery business was -11.42%.
It can be seen that the gross profit margin of this business is rapidly declining. The increase in the performance of Yanfeng Lithium relies mainly on the smelting and processing of non-ferrous metals. In the same period, the operating income of this company has doubled, while the net profit of the returning mother has increased tenfold.
Since other lithium battery manufacturers, such as Tianqi Lithium and BYD, have not separately disclosed this business, we have no way to compare it.
China, Japan and Korea are three-legged in the lithium battery industry, accounting for 97% of the market. Since China's mass production capacity has always been unparalleled, in 2015 China's total capacity of lithium batteries has surpassed Japan and South Korea.
According to the National Bureau of Statistics, the cumulative production of lithium-ion batteries in China reached 7.84 billion in 2016, a year-on-year increase of 40%, and the advantages continued to expand. The industrial scale reached 128 billion yuan, breaking through the 100 billion yuan mark for the first time. According to Forbes News, it is estimated that the global share of lithium batteries in China will increase from 40% in 2016 to 70% in 2020.
When it comes to industry, especially compared with Japan, people often say "China is big but not strong", and the same is true in the field of lithium batteries. There is indeed a gap in core technology. But another fact is that once a certain industry is mass-produced by China, the industry will quickly become "cabbage" and the profit rate will continue to decrease. The data disclosed by Yanfeng Lithium Industry coincides.
Nissan's sale of the AESC battery business may also be an example. It is reported that Nissan and NEC have almost stripped off all lithium battery business.
Nissan may have other realistic considerations to do so. However, the rapid rise of China's lithium battery industry, the scale of competition is intensifying, and the low profit level of the industry is also an indisputable fact.
The competition in the lithium battery industry has entered a level of enthusiasm. It’s getting harder and harder to get profits just by relying on lithium batteries. The possession of important minerals such as upstream lithium mines and the ability to smelt and process standardized raw materials have become competitive factors in the industry.
The competition in the power battery industry has long been more than just competition for core technologies. In the industrial chain, it can be roughly divided into the development of rare metal mineral resources, the smelting processing and recycling capacity of the middle reaches, and the energy storage products based on the downstream lithium battery materials. As mentioned in this article, Lifeng Lithium Industry, although the downstream lithium battery business does not make money, but has already earned a lot of money in the upstream and midstream.
A fastener is a hardware device that mechanically joins or affixes two or more objects together.
Fasteners can also be used to close a container such as a bag, a box, or an envelope; or they may involve keeping together the sides of an opening of flexible material, attaching a lid to a container, etc. There are also special-purpose closing devices, e.g. a bread clip. Fasteners used in these manners are often temporary, in that they may be fastened and unfastened repeatedly.
Some types of woodworking joints make use of separate internal reinforcements, such as dowels or biscuits, which in a sense can be considered fasteners within the scope of the joint system, although on their own they are not general purpose fasteners.
Furniture supplied in flat-pack form often uses cam dowels locked by cam locks, also known as conformat fasteners.
Items like a rope, string, wire (e.g. metal wire, possibly coated with plastic, or multiple parallel wires kept together by a plastic strip coating), cable, chain, or plastic wrap may be used to mechanically join objects; but are not generally categorized as fasteners because they have additional common uses. Likewise, hinges and springs may join objects together, but are ordinarily not considered fasteners because their primary purpose is to allow articulation rather than rigid affixment.
Other alternative methods of joining materials include: crimping, welding, soldering, brazing, taping, gluing, cementing, or the use of other adhesives. The use of force may also be used, such as with magnets, vacuum (like suction cups), or even friction.
Fasteners are used for fastening and application of a very broad class of mechanical parts. In all kinds of machinery, equipment, vehicles, ships, railways, bridges, buildings, structures, tools, equipment, instruments and supplies, such as the above, you can see a wide variety of fasteners. It is characterized by many different specifications, performance of different purposes, and standardization, serialization, GM seed is also very high degree. Therefore, it was also the existing national standards for a class called fasteners standard fasteners, or simply standard parts. Fasteners are the most widely used machine parts. With China's accession to the WTO in 2001 and entered the ranks of the international trading nation. China's fastener products are exported to countries around the world, the world's fastener products are constantly influx of Chinese market. As one of the fasteners import and export volume of larger products, to achieve international standards, to promote Chinese enterprises to the world of fasteners, fastener enterprises to promote the full participation of international cooperation and competition, with all the important practical significance and strategic significance. Due to the specific requirements of each specific fastener product specifications, dimensions, tolerances, weight, performance, surface condition, marking methods, and acceptance inspection, marking and packaging projects.
We supply big range of such fastener.
B. Main particulars
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MAIN PARTICULARS |
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Material |
Carbon steel(20#-60#, S235-S355-), Alloy steel(4140,4340,42CrMo, -) |
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Standard |
ASTM, ASME, DIN, JIS, ISO, BS, API, EN |
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Certificate |
ISO9001 |
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Tolerance |
Up to +/- 0.002mm |
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Dimension |
As per drawing, as large as we can |
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Processing |
CNC turning, CNC turning and milling compound processing, 3/4/5 axis CNC machining center, wire-cutting, EDM, grinding etc. |
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Finishing surface |
Machined surface with oil, blasting and painting, anodize, polishing, powder painting, electrophoretic coating- |
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Marking |
as per clients` requirements |
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Inspection |
material, construction, dimension, heat treatment, hardness, NDT |
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Quality |
ISO9001, PPAP control production |
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Lead time |
3-20 days for sample, consult with customer for mass production |
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Delivery |
Express for sample, ocean shipping/air for mass production |
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Our Capabilities |
CNC machining, CNC center machining, drilling, milling, turning, grinding, tapping, boring |
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Engineering & manufacturing services |
R&D process, tooling and gauging design, product design Integrated CAD/CAM system, test and measuring |
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Others |
Recyclable, in line with environmental requirements and standards, and reliable |
C. Construction
Construction by machining
D Workmanship
The workmanship have good production practice. Care are taken to ensure High accuracy and smooth surfaces
E. Certificates
- Material certificates
- Measuring reports
- Inspection protocol
- NDT reports
- Fixed certificate: ISO9001 certificate
The photos of our Fastener
Our service
Besides above the general specifications, we can also supply some specific machining parts as clients' requirements.
Package and shipping
Export cartons, pallets, wooden cases, Polybags
container package and container transportation
Fastener Parts,Metric Machine Screw,Oem Nut Fastener,Cap Screw Fastener
Shinvast Industry Ltd , http://www.shinvastindustry.com