On February 9, Jiawei Xinneng issued a notice on abnormal fluctuations in stock trading. According to the development plan of the Company, the Company will concentrate its resources on the photovoltaic industry in the future, and will no longer regard the production of lithium batteries as the future development direction. The Company's related lithium battery manufacturing has been discontinued, and no longer has the relevant conditions for research and development and production of lithium batteries.
Jiawei New Energy Co., Ltd. was founded in 1993 by well-known experts and scholars in the field of solar energy and semiconductors in China. In May
2012, the company was listed on the Shenzhen Stock Exchange (Stock Abbreviation: Jiawei Xinneng, Stock Code: 300317), becoming the first stock in the photovoltaic and LED lighting industry in China's capital market.
In 2015, Jiawei Xinneng acquired Jiangsu Huayuan Company and entered the field of photovoltaic power plants and EPC in an all-round way.
In 2016, the company set up Jiaweilong Energy to enter the lithium power and energy storage industry, and in 2017, Jiaweilong Energy Fast Charging Solid State Safety Lithium Battery was put into production. Jiawei Xinneng has been
focusing on new energy for nearly 30 years, devoting itself to the production, storage and efficient utilization of new energy for many years, and has formed a strategy of simultaneous development and coordinated development of the three major business segments of intelligent lighting, photovoltaic power and lithium energy storage.
Withdrawal from lithium battery business has already emerged.
In fact, Jiawei Xinneng's abandonment of lithium battery business has already emerged. It was released in April
2022, when Jiawei Xinneng announced the shutdown report of its holding subsidiary Jiawei Longneng. Jiaweilong mainly produces lithium battery products. In the past two years, due to the company's inability to raise funds in time, the company's operation has not reached the target, and has been in a loss state in recent years.
In addition, according to the company's plan, the future energy storage business will focus on the OEM production of lithium batteries and the system integration of downstream energy storage power station business, and will no longer take the production of lithium batteries as the future development direction.
On January 16, 2023, an investor asked on the investor interaction platform: Is the company conducting research and development of all-solid-state batteries? Is it the test run stage now?
Jiawei Xinneng (300317. SZ) said on the interactive platform for investors on January 16 that according to the company's strategic plan, the company mainly develops new energy power business, and lithium battery-related business is no longer produced.
On January 31, Jiawei Xinneng issued a 2022 annual performance forecast, predicting that the company's net profit attributable to shareholders of listed companies in 2022 will be 85 million yuan to 120 million yuan, compared with a loss in the same period last year. The
report mentioned that during the reporting period, the company's EPC and operation and maintenance business revenue and gross profit of photovoltaic power plants increased significantly year on year.