LG新能源10%股份将被出售！
起点锂电·2025-12-01 10:22

Core Viewpoint - LG Chem is planning to sell over 10% of its shares in LG Energy Solution to alleviate financial pressure and optimize its financial structure, with the potential to raise approximately 10 trillion KRW (around 48 billion RMB) to improve its financial situation [5][6][8]. Group 1: Financial Situation - LG Chem aims to sell shares worth 20 trillion KRW in LG Energy Solution, reducing its stake from approximately 80% to around 70% [5][6]. - The company reported a third-quarter revenue of 11.1962 trillion KRW, a year-on-year decrease of 11.3%, while operating profit increased by 38.9% year-on-year to 679.7 billion KRW [6][7]. - LG Energy Solution's revenue for the third quarter was 5.7 trillion KRW, with a quarter-on-quarter growth of 2.4% and an operating profit of 601.3 billion KRW, which included approximately 365.5 billion KRW from U.S. production incentives [7][8]. Group 2: Market Position - LG Energy Solution's market share is declining, with a 1.7 percentage point drop year-on-year, while competitors SK On and Samsung SDI are gaining ground [11][12]. - In the global market, LG Energy Solution's installed capacity is less than one-third of CATL's, and its growth rate is significantly lower than that of several other competitors [12][13]. - The company is diversifying its product offerings to enhance competitiveness, with a backlog of orders for energy storage batteries reaching approximately 120 GWh and over 300 GWh for cylindrical batteries [13]. Group 3: Product Development - LG Energy Solution is aggressively pursuing the lithium iron phosphate (LFP) battery market, with significant orders expected to boost its performance [15][16]. - The company has secured a 39 GWh order from Renault for LFP batteries, set to begin application in 2026, and a contract with Tesla for over 30 billion RMB worth of LFP energy storage batteries [16][17]. - Production facilities for LFP batteries are being established in China, the U.S., and South Korea, with plans for mass production starting in mid-2024 [17][18].