Huizhou Yiwei lithium energy Co., Ltd. (hereinafter referred to as Yiwei lithium energy) was founded in 2001 and first listed on Shenzhen GEM in 2009. After 21 years of rapid development, it has become a lithium battery platform company with global competitiveness. At the same time, it has core technologies and comprehensive solutions for consumer batteries and power batteries. Its products are widely used in the fields of Internet of things and energy Internet.

Business challenges

I Risks of raised investment projects. Yiwei lithium energy added 18 million lithium sub batteries and 22 million lithium manganese batteries. Raised investment projects have more than doubled the production capacity and output value. In the short term, the company's lithium primary battery products are mainly supplied by smart meters. If the downstream market demand of the company's products changes adversely, or the market development measures are not well implemented, the company may face the risk of digesting the new capacity and reducing the profitability, which will affect the net profit.

II It is the risk that technology cannot continue to progress. In the early stage, relying on leading technology and reaching the international advanced level, the company achieved rapid development and maintained profit continuity and stability. If the company finally fails to achieve continuous technological progress and maintain the international advanced level, the company's product performance indicators will lag behind, the cost advantage will be lost, the launch of high value-added varieties will lag, and the company's competitiveness and profitability will be weakened.

Third, the risk of accounts receivable. Over the past three years, the scale of accounts receivable of the company has expanded rapidly with the growth of battery production and sales. Due to the increase of customer scale and group, and the increasing demand for high-energy batteries of downstream intelligent meters, the accounting period of accounts receivable has been extended accordingly, resulting in a significant increase in net accounts receivable.

Fourth, inventory risk. Compared with the main business income, the inventory amount is large, which is also related to the seasonality of the company's sales. Due to the large scale of inventory, if the company cannot strengthen production plan management and reasonable inventory management and digest inventory in time, inventory falling price and inventory stagnation may occur, which will have a negative impact on the company's production and operation.

Solution

In order to better promote the rapid development of Yiwei lithium energy's battery products, Tianshu testing provides customers with the most timely testing and certification services, so that Yiwei's lithium batteries can complete the battery certification in Europe, Japan, the United States and South Korea as soon as possible, and can better complete the export of lithium batteries.

Especially for batteries exported to Europe, as accessories of many end products (such as mobile phones, electric toys, etc.), their safety needs to be considered in combination with these end products. Therefore, many end product customers require their parts to be affixed with CE mark for the sake of their own product safety, so as to meet the requirements of relevant directives. Tianshu testing has obtained CE certificate for Yiwei company, which can maximize the trust of consumers and market supervision institutions, enter the European market, effectively prevent the emergence of irresponsible allegations, and will become technical evidence with legal effect.