FSPG(SZ:000973) Zheng Quan Shi Bao Wang·2024-11-20 11:59Industry Overview - The lithium battery industry is expected to see a significant increase in the production capacity threshold for main materials, impacting market share and survival of companies within the industry [1] - The lithium battery separator market has stabilized in Q3 2024, with prices remaining stable [1] - The lithium battery sector is projected to maintain a growth rate of 25-30% over the next 2-3 years, driven by rising demand from energy storage and new energy vehicles [1][3] Company Developments - Fushun Technology announced a major restructuring plan on November 14, proposing to acquire 100% of Jinyi Co., a leading company in the wet lithium battery separator field [1][2] - Jinyi Co. has been recognized as a national-level "specialized, refined, and innovative" small giant enterprise, with a strong product layout and customer resources in the wet separator market [2] - The acquisition will allow Fushun Technology to enter the lithium battery separator market, enhancing its product competitiveness and expanding its opportunities in the new energy sector [2] Market Statistics - In 2023, China's lithium battery separator market shipped 19.51 billion square meters, marking a year-on-year growth of 25.8% [3] - The wet separator production reached approximately 14.5 billion square meters, while dry separator production exceeded 5 billion square meters [3] - By 2030, global lithium battery production is expected to exceed 4500 GWh, with separator shipments reaching 61 billion square meters, predominantly supplied by Chinese companies [3]