Ningde era: short-term power cuts in Sichuan in August have little impact on the company's overall production capacity.

CTOnews.com September 14 news, this evening, Ningde Times said on the investor interactive platform that the short-term power cuts in Sichuan in August had little impact on the company's overall production capacity.

According to the data of China Automotive Power Battery Industry Innovation Alliance, Ningde era still ranks first in the ranking of domestic power battery enterprises in August 2022 with a share of 46.79%.

In addition, Ningde Times also said that the company has set up eleven battery manufacturing bases around the world, including Ningde in Fujian, Liyang in Jiangsu, Xining in Qinghai, Yibin in Sichuan, Zhaoqing in Guangdong, Lingang in Shanghai, Xiamen in Fujian, Yichun in Jiangxi, Guiyang in Guizhou, Jining in Shandong and Erford in Thuringia, Germany, and plans to build the second European factory in Hungary.

CTOnews.com learned that in the first half of 2022, Ningde era's revenue was 112.97 billion yuan, up 156.32% from the same period last year; the net profit belonging to listed shareholders was 8.168 billion yuan, up 82.17% from the same period last year. At present, the batteries of Ningde era have been sold to 56 countries and regions around the world, with a total loading of more than 5 million vehicles.

According to the latest data from energy market research firm SNE Research, the global power battery market reached 59 trillion won (296.7 billion yuan) in the first half of this year, of which Ningde Times ranked first with a market share of 30% (17.9 trillion won).