Recently, BYD disclosed in the latest investor relations activity record that all the models currently listed by the company use lithium iron phosphate batteries, but the company has been conducting research and development and technical reserves of ternary batteries, which is expected to be listed next year. The ternary battery is used in the passenger car. BYD also revealed that the company currently has two power battery production bases in Huizhou and Kengzi. At present, it has a total production capacity of 10Gwh. At the same time, the company is currently expanding the capacity of 6Gwh in the pit mine base and is expected to reach production next year. The following is a detailed question and answer situation:
1. What is the performance of the company's third quarterly report in 2016?
A: In the third quarter of 2016, the Group achieved sales revenue of approximately RMB 27.8 billion (A-shares), representing a year-on-year increase of approximately 65%. The continued growth of new energy vehicles and mobile phone components business led to substantial revenue growth. Net profit in the third quarter was approximately 1.4 billion yuan, a slight decrease from the same period last year. According to the fourth quarter's performance forecast, the net profit for the full year of 2016 will reach 5 to 5.2 billion yuan, an increase of more than 77% from 2015.
2. Does the company have a new launch plan?
A: The company has released the pure electric passenger car Qin EV300 and E5 in the first half of this year and is currently on sale. In addition, the mixed version of Tang 100, Qin 100 and Song and Yuan with a range of up to 100KM is expected to be listed next year. In the future, Song EV, Yuan EV and the new Tang II and Qin II will also be listed one after another. The company's new energy vehicle business continues to grow.
3. Does the company have a plan for using ternary batteries?
A: All the models currently on the market use lithium iron phosphate batteries, but the company has been conducting research and development and technical reserves of ternary batteries. It is expected that ternary batteries will be used in passenger cars newly listed next year.
4. What are the future cooperation between the company and Samsung?
A: Samsung is a BYD subsidiary of BYD Electronics. In July this year, Samsung also participated in the non-public issuance of A shares of the company. The company and Samsung are also actively negotiating to explore the possibility of cooperation between the two parties in the future. There is no exact or detailed content yet.
5. Why should the company develop monorail business?
A: The company has accumulated a large number of core technologies in the new energy vehicle business, forming a leading technological advantage, including batteries, motors, electronic controls, etc., all of which can be translated to monorail business. From the demand, the demand for rail transit construction in third- and fourth-tier cities is very strong, but the cost of subway and light rail is high, and monorail is a very attractive solution.
6. What is the company's current auto production plant?
A: The company has set up passenger car production plants in Shenzhen, Xi'an and Changsha, and established bus production plants in nearly 10 cities in Shenzhen, Changsha, Wuhan, Nanjing, Hangzhou, Chengde, Dalian and Tianjin.
7. How does the company view the 20% decline in subsidies in 2017?
A: The decline in subsidies has a certain impact on the profitability of the entire industry, but the cost of the entire component, including the battery, and the cost of the entire vehicle will continue to decline, offsetting the impact of subsidies to a certain extent. In the future, the company will continue to control costs through process improvement, scale improvement and design optimization, and strive to offset the impact of subsidies.
8. What is the scope of cloud track?
A: As one of the important solutions for urban road congestion and vehicle blockage, the cloud track business has the characteristics of short construction period, low cost, low noise, strong climbing ability and small turning radius. It is very suitable for the backbone of medium-sized cities. , the auxiliary encryption line of the big city, the business district and the tourist area.
9. The annual production capacity of lithium-ion power battery companies in the “Regulations for Automotive Power Battery Industry†(Draft for Comment) recently issued by the Ministry of Industry and Information Technology has no less than 8Gwh requirements. What impact does the company have on the company?
A: The company currently has two power battery production bases in Huizhou and Kengzi. At present, it has a total production capacity of 10Gwh. At the same time, the company is currently expanding the capacity of 6Gwh in the pit mine base, which is expected to reach production next year. Therefore, the company meets the requirements of the standard conditions, the medium-term production capacity is not lower than 8Gwh, and has no impact on the company. On the other hand, this policy strengthens the product and quality management of automotive power battery manufacturers, and is conducive to the healthy development of the automotive power battery industry and the new energy vehicle industry, and is beneficial to the company's future new energy business development.
FUNCTION DESCRIPTION
Countdown socket has an AC outlet, the maximum can output 230 V16A of power, there are two control modes, that is, countdown off and countdown on. It is convenient to control the equipment which needs to switch off or turn on AC. improve the safety of the use of some equipment and save more energy.
SET TIMER
1,Countdown plug in the socket, all indicator lights red flash three times, at this time the socket has no output, for the normal state, into the countdown state. Click the button, the first red light up, the socket output after an hour off, and then short press the button can set the socket timing of 2 H.4H.6H.8H.10H.OFF.
2,Long press button 3s, all indicator lights green flash three times, at this time the socket has output, for the regular open state, into the countdown on state. Click on the button, the first green light on, the socket is closed an hour later, and then press the button to set the socket countdown 2 H.4H.6H.8H.10H.OFF.
3,Press button 3 longer S, all indicator lights red light flash 3 times again into countdown mode.
4,Select the required countdown time mode, the corresponding mode countdown lights up, start countdown until the end of the countdown time. The outlet that controls the output will start or stop the output.
5,After the countdown starts, the time indicator will change automatically from high to low until the countdown is over.
NOTE:
1,Check that the power connection is good.
2,Use only indoors and in dry places.
3,This product does not convert AC voltage.
4,Maximum load not exceeding 16A 3680W.
5,Grounding is required for safety.
6,Any questions, please contact the electrician.
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NINGBO COWELL ELECTRONICS & TECHNOLOGY CO., LTD , https://www.cowellsockets.com