Why was Chuneng New Energy included in the government work report for two consecutive years?

Mondo Social Updated on 2024-02-02

Recently, the annual Hubei two sessions are in full swing, everyone is most concerned about the overall work ideas and key tasks in 2024, the work report emphasized: to focus on cultivating and strengthening new quality productivity, accelerate the promotion of new industrialization. Among them, it is emphasized that it is necessary to accelerate the development and growth of emerging industries, and points out that "we will solidly promote the construction of major projects such as Wuhan ESWIN Semiconductor, Jingzhou Pioneer Technology, and Xiaogan Chuneng New Energy".

The 2024 Hubei Provincial ** Work Report once again mentions "Chuneng New Energy", and especially noted that this company is mentioned in the report: Chuneng New Energy, which has appeared in the 2023 Hubei Provincial ** Work Report, why has this Hubei local lithium battery company been repeatedly mentioned for two consecutive years? Carefully understand the development process of Chuneng in recent years, it is not difficult to see that this enterprise responsible for the revitalization of Hubei new energy does have its special features, and then let us have an in-depth understanding of Chuneng new energy.

In two and a half years, it has become the largest lithium power plant in Hubei

Keeping up with the national industrial development trend and the dual carbon goal, Hengxin Automobile Group, one of the top three private enterprises in Hubei, started a major strategic transformation in August 2021 and established Chuneng New Energy Co., Ltd. to focus on the R&D, manufacturing and sales of energy storage batteries and power batteries. Through two and a half years of unremitting efforts, Chuneng has built a complete lithium battery upstream and downstream industry chain from scratch, and has grown into the largest local new energy battery enterprise in Hubei in terms of planned production capacity, base construction, product technology, project delivery and other aspects (Note: ** in "Hubei**" and has become the most competitive lithium battery company in the industry.

On August 28, 2023, Chuneng Yichang base will be put into operation, what is the largest in Hubei? First, Chuneng New Energy has set a planned production capacity of 350GWh since its establishment, and according to the statistics of "24 tides", this production capacity ranks seventh in the country and first in Hubei; Second, in August 2023, the Chuneng Yichang base will be put into operation, and so far, Chuneng has completed the construction of the three bases in Wuhan, Xiaogan and Yichang within two years, creating the "Chuneng speed" of the lithium battery industry; Clause.

3. Chuneng currently has more than 40 industry-leading intelligent manufacturing production lines, and independently developed more than 40 energy storage and power battery products; Clause.

Fourth, Chuneng's service customers cover the "five large, six small and two construction" power generation groups and large automobile manufacturing enterprises such as Dongfeng, FAW, Golden Brigade, etc., and the service network covers the world.

In recent years, CATL, BYD, China Innovation Airlines, EVE Lithium Energy, Xinwangda and other lithium battery head enterprises have successively deployed in Hubei, and the rise of Chuneng New Energy, a local lithium battery company in Hubei, is at the right time, and will work with other lithium battery companies in Hubei to build Hubei Province into an important new energy battery industry base in the country, providing strong support for the modern industrial cluster of Hubei trillion automobiles.

Continuous output of "new quality productivity".

The 2024 work report focuses on "focusing on cultivating and expanding new quality productivity", new quality productivity is a new concept, the essence of which lies in scientific and technological innovation, through scientific and technological innovation to promote industrial innovation, out of a new growth path with low input of production factors, high efficiency of resource allocation, low cost of resources and environment, and good economic and social benefits. Enterprises are the main body of innovation, that is, through technological innovation to produce higher quality, lower cost and safer products, in this regard, Chuneng New Energy has also achieved the ultimate.

Cornex New Energy adopts cutting-edge technology in the industry, and builds in accordance with a number of industry's highest standards such as digitalization, automation, and intelligence, realizing the three-in-one business flow, information flow, and logistics, with a plant area of less than 5000 per GWh, an automation rate of more than 98%, and each production line is compatible with a variety of products; Batch control means with product consistency as the core to achieve intelligent manufacturing, ensure product safety and reliability, and finally achieve extreme manufacturing, including extreme efficiency, extreme quality, and ultimate cost.

In May 2022, Cornex launched its first product "Chuneng No. 1" less than a year after its establishment, specifically on the product technology side, Cornex launched its first product Chuneng No. 1 280ah battery cell less than a year after its establishment in May 2022, and in December 2022, it pioneered the "immersion" safety battery system that leads energy storage safety, and in 2023, Chuneng has successively launched Juneng 314 energy storage special cells, 320ah marine special cells and 5MWh battery prefabricated cabins. Among them, the 5MWh battery prefabricated cabin Cornex M5 was mass-produced and rolled off the assembly line yesterday, making Cornex one of the first batch of companies in the industry to mass-produce 5MWh energy storage system products, innovating to achieve a multi-dimensional balance of "better performance, lower cost, higher safety, higher efficiency, and more full scenarios", and is expected to become the most popular popular product in 2024.

Impact 30 billion output value in 2024

The past 2023 has been a year of accumulation for Chuneng: the three major bases have been fully put into operation, forming an effective production capacity of more than 100GWh; Chuneng's power batteries have been successively installed in large OEMs such as Dongfeng Motor and Xiamen Golden Brigade; The self-developed "immersion" battery safety system is widely used in energy storage projects; Corneng's energy storage system products have been fully put into operation in the energy storage demonstration project; More than 3,100 patents have been filed worldwide......

2023 Energy Storage Signing Centralized Procurement Ranking, Cornex New Energy Enters the Top Ten With the gradual release of production capacity in the first half of 2023, Cornex has also begun to make efforts in the field of energy storage5GWh), State Power Investment Corporation (25GWh), China Energy Construction (4GWh) and other large-scale centralized procurement projects, and signed the first overseas energy storage order with Ever Energy, a leading Australian photovoltaic EPC company, in December. According to the data of Zhongguancun Energy Storage Industry Technology Alliance, Chuneng New Energy's energy storage battery contract procurement scale in 2023 has ranked among the top ten in the country. On January 24, 2024, Bank of Communications Hubei Branch gave Chuneng a credit support of 10 billion yuan, making it clear that it fully supports the development of the real economy of manufacturing industries like Chuneng.

According to the report of "Hubei**", the total output value of Chuneng New Energy in 2023 will reach 5 billion yuan, which is a representative enterprise of Hubei's new economic growth, and the output value is expected to reach 30 billion yuan in 2024, which is expected to be 500% year-on-year. Therefore, 2024 is both an opportunity and a challenge for Corne, on the one hand, Cornex must convert the effective production capacity of 100GWh of the three bases into final product delivery and make more benchmark application cases in order to gain a firm foothold in the first echelon of lithium batteries; On the other hand, whether it is in the field of energy storage or power, it is necessary to get more orders from large customers in order to narrow the gap with leading enterprises such as Ningde and BYD.

Shouldering the burden of energy revitalization in Hubei

In the key work arrangements of the 2023 Hubei Provincial Work Report, it has been mentioned that "consolidate industrial support and accelerate the construction of major projects such as Wuhan AVIC Lithium Battery, Xiangyang BYD, Yichang Xinwangda, Jingmen Yiwei Power, Xiaogan Chuneng New Energy, and **Wanrun New Energy." Looking back on the past year, Chuneng New Energy has also fully fulfilled the entrustment of the first company with practical actions, and has become a new force in the domestic lithium battery industry, injecting "Hubei elements" into the trillion-dollar lithium battery track, and realizing a two-way rush between government and enterprises.

In 2024, the ** report of Hubei Province once again mentioned Chuneng: "Solidly promote the construction of major projects such as Wuhan ESWIN Semiconductor, Jingzhou Pioneer Technology, and Xiaogan Chuneng New Energy." "For two consecutive years, Chuneng has been included in the major projects of Hubei Province and is the only lithium battery company on the list. This is a signal that Hubei will continue to support the development of new energy and manufacturing real economy enterprises like Chuneng, jointly promote the development of emerging industries in Hubei, and make every effort to build Hubei into a national innovation highland for new energy industries.

At a time when the competition environment in the new energy industry is more intense, Chuneng New Energy has risen strongly under the strong support of Hubei, which is also in line with the favorable time, place and people, and at the same time completely makes up for the shortcomings of Hubei without local lithium battery manufacturers. In the future, Chuneng New Energy will work with local new energy enterprises such as Dongfeng Motor and Three Gorges Corporation to undertake the historical mission of "revitalizing Hubei manufacturing and launching Hubei brand" to promote the high-quality development of Hubei's new energy industry.

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