Transcript for 2021Q1 Battery Industry Chain "Big Match"

Recently, the power battery industry chain listed companies have released the first quarter of 2021 results report. Due to the impact of the new crown epidemic in the first quarter of 2020, most industries were forced to stop production, poor performance data, so the domestic economy has been steadily restored in 2021, the lithium-electric industry chain listed companies, the vast majority of the performance of the substantial growth.

It is worth noting that the biggest increase in performance of lithium-electric upstream materials enterprises, such as polyfluoride first-quarter results increased 74 times, The first quarter performance of the lithium industry also jumped 60 times.

On the contrary, power battery listed companies, although the performance has increased, but by the upstream material price increases to push up the cost of battery manufacturing, the overall performance growth is not particularly prominent.

In addition, in some sub-sectors, such as power tools, electric bike battery market, some companies performance is also very eye-catching. Such as the blue core in the first quarter of this year to benefit from power tools with battery shipments, driven by net profit increased more than 15 times year-on-year.