On February 24, Premier Li Keqiang hosted an executive meeting of the State Council to determine measures to further support the new energy vehicle industry.

The Daily Economic News reporter noted that, as one of the five initiatives proposed at the meeting, power batteries were given high priority. As an important part of the power battery, the battery management system (BMS) has not only gained wide attention from listed companies in recent years, but also the capital bigwigs are not hesitant to smash down the heavy money for layout.

Power battery has become the focus of future development

The executive meeting of the State Council pointed out that the development of new energy vehicles, promote the industry to the high-end, is conducive to the protection and improvement of the environment, is an important grip of cultivating new dynamic energy, the development of a new economy. The next step is to adhere to the market-oriented and innovation-driven, relying on public entrepreneurship, innovation, efforts to overcome the core technology, break the bottleneck constraints, accelerate the pace of development of new energy vehicles.

The meeting proposed five major initiatives specifically include: new energy vehicle power battery and charging infrastructure construction; expand the proportion of new energy vehicles in urban buses, cabs, sanitation, logistics and other areas of application; improve the quality of new energy vehicles; improve financial subsidies and other support policies, and urge the implementation of new energy vehicles shall not be limited to the line of purchase requirements, to break the local protection, to combat " Fraudulent subsidies" behavior.

It is worth noting that the meeting on the further development of new energy vehicles power batteries put a lot of expectations. The meeting proposed to accelerate the realization of a revolutionary breakthrough in power batteries, to promote the formation of small and medium-sized enterprises, universities, research institutes and other collaborative research, open sharing of power battery innovation platform, in key materials, battery systems and other common, basic technology research and development focus on efforts. The central government adopts the method of awarding subsidies to reward enterprises according to the performance and sales of power batteries. Increase support for digital manufacturing equipment for power batteries.

Chen Fashu's 20 million shares in Kelek Technology

As the core component of the power battery of new energy vehicles, the battery management system has become an important barrier to the breakthrough development of the power battery.

Relevant industry insiders said that with the release of power batteries, competition has intensified, the battery cell has become a standard and molded product, and there is no core technical barrier, while the complexity of the BMS system itself determines that it has a strong technical barrier and requires technical research and development time. Therefore, the final power battery core competition is inevitable in the BMS link.

The Daily Economic News reporter noted that in recent years, not only listed companies through mergers and acquisitions, cooperation and other ways to enter the BMS field, but also like Chen Fashu, the capital big brother heavy shares in the field of the new three listed companies.

On June 2, 2015, Shuguang issued a pre-proposal to acquire one of the leading companies in the BMS industry, Yinneng Electronics; JAC (600418, closing price 9.97 yuan) announced in November last year that it intends to set up a joint venture with Huating (Hefei) Power Technology to develop and produce battery packs and BMS for new energy vehicles.

In addition, as the first professional enterprise engaged in the production and research of electric vehicle power lithium battery management system on the New Third Board, Kelektronics (832432) issued an additional issue proposal on January 7, proposing to issue up to 2 million shares to raise funds of up to 100 million yuan for increasing R&D and marketing investment, replenishing working capital and expanding operation scale.

On February 1, Kele Technology announced that Chen Fazhu contributed 20 million yuan to subscribe 400,000 shares of the company at a price of 50 yuan per share. In addition, Liaoning Haitong New Energy Low Carbon Industry Equity Investment Fund Co., Ltd. and Guangfa Securities Co., Ltd. also contributed 40 million yuan each to subscribe 800,000 shares of the company.