CBG(SZ:000009)2022-12-06 01:18Group 1: Company Overview - China Baowu Steel Group Corporation holds 84.76% of the shares in Shenzhen BTR New Energy Materials Co., Ltd. [2] - BTR was established on August 7, 2000, and is a subsidiary of China Baowu Steel Group [2]. Group 2: Product Sales and Market Share - The sales ratio of BTR's anode materials for electric vehicles and IT is approximately 40:60 for negative materials, while positive materials are primarily used in electric vehicles and energy storage [2]. - BTR's international clients mainly use natural graphite, while domestic clients primarily use synthetic graphite [3]. Group 3: Production Capacity and Plans - BTR's current production capacity for silicon-based anode materials is designed for 1,000 tons per year, with an expected sales volume of around 500 tons this year [3]. - The company has recently completed the expansion of its lithium iron phosphate production line, which officially commenced production in July [3]. Group 4: Customer Base and Revenue - Major customers for lithium iron phosphate include ATL, Lishen, Guoneng, and Watma, while NCA products are currently undergoing certification and are expected to be supplied in large quantities next year [4]. - The revenue from international clients accounts for approximately 50-60%, with major clients including LG and Samsung [4]. Group 5: Competitive Advantages and Future Development - BTR's core competitive advantages include the ability to continuously reduce costs, ongoing R&D capabilities, and the provision of differentiated and customized services [3]. - The company aims to focus on natural graphite for anode materials in the automotive and energy storage sectors in the future [3].