Miracle Automation Engineering Co., Ltd.
天奇股份
002009
Shenzhen Stock Exchange
Company Profile
Strategic blueprint for the full life cycle of automobiles The company revolves around the corporate vision of "committed to serving the full life cycle of automobiles" and focuses on the development of two main businesses, namely, intelligent equipment and lithium battery circulation. With accumulated customer base and industry resources in the field of automotive equipment over many years, the company actively integrates resources from existing OEM customers, automotive aftermarket partners, and other parties to construct a cyclic system for lithium batteries using an innovative mode, deepen cooperative partnerships, and achieve win-win results with other partners. Advantage of R&D and processes The company always sticks to technological research, development and process innovation. It works with universities and scientific research institutions to carry out a series of industry-university-research projects in various cooperation modes including joint development, transfer of technological results, and joint construction of research and development centers. It continuously promotes the innovation and optimization of its own technical services, and comprehensively improves its own technological strength and innovation capability. Advantage of the capacity scale At present, for its circular business of lithium batteries, the company has a production scale of processing 100,000 tons of spent lithium batteries annually, and plans to invest in a recovery processing project with an annual capacity of 100,000 tons of lithium iron phosphate batteries. Further expansion of the capacity scale is conducive to leveraging the company's advantages in technology, products, customers, brand, and management resources, giving play to the integration and synergy effect of its businesses, enhancing its comprehensive competitiveness, strengthening its resilience against market changes and risks, and promoting sustained, steady, and healthy development. Advantage of the efficient and innovative business model In response to the national strategy of carbon peaking and carbon neutrality, the company shoulders the mission to become a professional manager for the full life cycle of power batteries. It implements a layout for domestic and foreign lithium battery recycling channels centering around six major channels and forms a deep bond with OEMs and battery plants to jointly build lithium battery recycling capacity. It actively taps into overseas battery recycling market, builds a deep connection with advantageous overseas resources, and adopts diversified cooperation modes to advance cooperation on and expansion of the circular business of lithium batteries. Joint efforts are made to establish closed-loop cooperation throughout the whole life cycle of lithium batteries, and build a circular ecosystem for lithium batteries. Advantage of talents and management The company has established a comprehensive human resource management system, with experienced management and technical teams. It actively carries out corporate personnel development projects, cultivating and reserving a large number of professional technical and management talents during research and development, production and operation. It also improves the team strength and optimizes the team structure.
Full description
The company builds upon the corporate values of "integrity, diligence, innovation, and win-win", and revolves around the corporate vision of "committed to serving the full life cycle of automobiles". It mainly focuses on the development of two industries: the intelligent equipment industry with automotive intelligent equipment business as its core, and the recycling industry for lithium batteries, primarily lithium battery recycling, cascade utilization, and elements refining. Intelligent equipment business The intelligent equipment business serves as the foundation of the company，which takes automotive intelligent equipment business as the core, providing systematic solutions for design, production, installation, commissioning, operation and maintenance of automotive vehicle manufacturing equipment. Its products include the automotive final assembly line systems centered on flexible conveying systems, automated equipment systems, intelligent testing systems, and intelligent logistics systems, the automotive painting line systems centered on process equipment, conveying equipment, electronic control systems, and smart central control systems, the automatic body storage systems, remote fault diagnosis, analysis and predictive maintenance, etc. Its main customers include Li Auto, Tesla, BYD, NIO, BMW, Changan, Honda, Toyota and other famous automotive OEMs at home and abroad. With the advancing trend of global electrification, the company is planning cooperation for intelligent equipment business on the research and development, production, and application promotion of humanoid robots suitable for industrial scenarios represented by the automotive industry. Besides, it will also get involved in the R&D and manufacturing of core components such as movable servo joints in light of the development of the humanoid robot industry. It will provide feasible cost reduction solutions for the industrial development of humanoid robots and form its own competitive advantages in the field of humanoid robots. Circular business of lithium batteries Lithium battery recycling: the company actively constructs the domestic and foreign lithium battery recycling systems through six major channels (battery manufacturers, Vehicle Manufacturers, battery banks, social resource recycling merchants, automotive aftermarket service providers, Internet and e-commerce platforms). It collaborates with vehicle manufacturers and battery manufacturers to jointly build lithium battery recycling capacity. Based on the resource advantages of vehicle manufacturers and battery manufacturers, it has a deep bond with the co-built plant by means of equity joint venture, which combines the company's strengths in recycling equipment, technology and processes, project construction and production management experience. It also creates an innovative business model of "service+recycle" incorporating battery rental service and battery maintenance service so that the services are deeply integrated into the entire process of pre-sales, sales, and after-sales of batteries. Thus available battery resources are ensured in advance to create a closed-loop industry chain throughout the entire life cycle of lithium batteries. The company actively sets up foreign recycling channels and carries out diversified overseas market cooperation to establish a circular ecosystem for lithium-ion batteries with joint efforts. Cascade utilization: Tianqi New Power, a subsidiary of the company's circular business of lithium battery, focuses on cascade utilization products and services for lithium batteries. It is specialized in cascade utilization market segment including small power batteries, power replacement, energy storage and so on. It optimizes upstream product solutions with cascade utilization as the core concept and provides overall solutions for the power end and the energy storage end. With the "Internet+" business model, it connects the battery life cycle data chain and leverages the data-driven collaboration between "vehicles, networks, stations, and batteries" to build a green energy service ecosystem. Recycling: Miracle Jintaige, a core subsidiary for the company's circular business of lithium batteries, has been deeply engaged in the lithium battery resource utilization industry for more than two decades with focus on the recycling of ternary and lithium iron phosphate batteries. It has been approved into the "list of enterprises that meet the Industrial Standard Conditions for Comprehensive Utilization of Spent Power Batteries of New Energy Vehicles". Its main products include lithium carbonate, cobalt sulfate, nickel sulfate, manganese sulfate, cobalt oxide, battery grade iron phosphate, which are widely used in the industries of battery materials, magnetic materials, etc. The company is now capable of processing 100,000 tons of lithium batteries annually with a leading recovery rate in the industry. It also owns the processes to extract all metal components from the lithium battery. Thus, it has strong comprehensive competition advantages.