[New Energy] Domestic lithium equipment bidding release is imminent. New energy will still have a steady growth this year.
Manufacturing investment grew by 10.4% in June, maintaining high growth resilience. Among all the emerging industries, photovoltaic, the new installed capacity of wind power, and new-energy vehicle sales continue to improve. Solar, wind, lithium, and semiconductor industries have become the mainstream of scientific and technological growth, and equipment investment bidding release is imminent in the year’s second half. In terms of the policy, China encourages the development of new energy. The domestic technologically advanced and independently controllable industry chains are expected to usher in a new round of growth.
Key Point:『The shortage of lithium equipment will continue this year. CATL has started a new round of large-scale expansion, and lithium equipment is facing the bidding release in the second half of the year. Photovoltaic and wind power still have much investment, with significant expansion in the whole industry chain.』
[Robotics] Domestic collaborative robots emerge. Temasek, Saudi Aramco and others lead the industry’s largest financing.
Collaborative robots are commonly known as robotic arms, which are small and flexible, easy to deploy, and low-cost. They are developed toward more flexibility and intelligence and will be used in 3C and automotive industries combined with vision AI technology. Since 2013, “four families” of industrial robots, Yaskawa Electric, ABB, Kuka, Fanuc, have entered the field. Domestic enterprises such as JAKA, AUBO, Gempharmatech, and ROKAE have been established, and Siasun, Han’s Motor, and Techman have launched self-developed products. The industry has ushered in a period of fast development.
Key Point:『According to the Development Report on China Collaborative Robot Technology 2022, global collaborative robot sales nearly reached 50,000 units in 2021, an increase of 33%. In terms of the industry chain, there exist slight differences in the upstream core components and industrial robots with partial localization.』
[Chemical] Fluorine chemical giant proposes another 10,000-ton expansion project. China’s electronic-grade fluorine materials are expected to go global.
Relevant sources from listed company Do-fluoride revealed that its high-end product, G5 electronic grade hydrofluoric acid, will be formally put into production in the second half of the year for a 10,000-ton expansion project after passing the verification of global giants in wafer manufacturing. Electronic grade hydrofluoric acid is one of the high-purity wet electronic chemicals, widely used in large-scale integrated circuits, thin-film liquid crystal displays, semiconductors, and other microelectronics industries. It is mainly used for cleaning and corrosion chips, as an analytical reagent, and to prepare high-purity fluorine-containing chemicals. 12-inch wafer manufacturing generally requires G4 or above, i.e., G5 grade hydrofluoric acid.
Key Point:『China is becoming the world’s larger liquid crystal display (LCD) industry base, with increased demand for electronic chemicals used as cleaning and etching agents for integrated circuits (ICs), thin-film liquid crystal displays (TFT-LCDs), and semiconductors. There is still much room for long-term growth.』
[Semiconductor] Substation secondary equipment realizes independent and controllable “domestic chip”.
Substation secondary equipment mainly monitors the primary equipment, with functions like data acquisition, processing, and communication. It is the “intelligent brain” for the power grid. With the digital process, there are nearly ten million units involving relay protection, automation, safety protection devices of information and communication, and other vital devices. But its master control chips have long been dependent on imports. Recently, the domestic chip-based substation measurement and control device has passed acceptance, realizing import substitution in electric power industrial control and effectively guaranteeing national and grid security.
Key Point:『The localization of master control chips for power and energy is significant to national information security and industrial control. It will attract more manufacturers in the future.』
[Electronic Materials] PET composite copper foil is ready for development, and the equipment starts first.
PET composite copper foil is similar to the “sandwich” structure of the battery collector material. The middle layer is 4.5μm-thick PET, PP base film, each with a 1μm copper foil plating. It has better safety, higher energy density, and longer life, with a tremendous alternative market. The production equipment is a crucial factor in the industrialization of PET copper foil. The combined market for major copper plating/sputtering equipment is expected to be approximately RMB 8 billion in 2025, with a CAGR of 189% from 2021 to 2025.
Key Point:『It is reported that Baoming Technology intends to invest 6 billion yuan in constructing a production base of lithium composite copper foil, of which 1.15 billion yuan will be invested in the first phase. PET composite copper foil industry has a clear and promising future, with large-scale applications ready to develop. Related equipment leaders are expected to be the first to benefit.』
The above information comes from public media and is for reference only.
Post time: Aug-12-2022