Registered capital increased to 100 million, Qingdao Duke composite bipolar take-off
Qingdao Duke New Material Co., LTD. (hereinafter referred to as “Qingdao Duke”), a provider of integrated solutions for mould-pressed composite bipolar plates, recently completed a large capital injection plan and increased the registered capital to 100 million yuan.Qingdao Duke said that in order to accelerate the building of independent intellectual property rights of hydrogen energy fuel cell compound bipolar production base, as soon as possible to form an annual production capacity of 10 million groups of hydrogen energy fuel cell compound bipolar production base, and strive to create the largest compound bipolar production base in Asia, the company shareholders decided to increase the registered capital to 100 million yuan.Part of the new capital increase comes from the original three shareholders. After the capital increase, Qingdao Hanhe Cable Co., Ltd. (hereinafter referred to as “Han Cable Shares”) will invest 55 million yuan, accounting for 55% of the shares.Huizhou Duke New Material Co., LTD. (hereinafter referred to as “Duke New Material”) has a total investment of 40 million yuan, accounting for 40% of its shares;Qingdao Yanhai Carbon Material Co., Ltd. has a total investment of 5 million yuan, accounting for 5% of the shares.”In 2021, Duco New Materials’ fuel cell glue business sales exceeded 24 million yuan, an increase of more than 40% year-on-year.”Qingdao Duke General manager Mo Hua told Gaogong Hydrogen electricity, the company’s fuel cell glue market share last year continued to increase, “from glue to plate” after the expansion, molded composite graphite bipolar business will become an important pole of the company’s revenue growth in the future.> > sword refers to moulding compound double plate market for a long time, most of domestic graphite double plate supplier adopts CNC machining process, due to the complexity of CNC machining production process, processing cycle is long, high cost, less to meet the needs of mass production in the future, and CNC machining graphite double plate in terms of authors are close to the ceiling.Compared with machined graphite plate, the biggest advantage of molded composite graphite bipolar plate is short time consuming, high efficiency and good bending strength, which is more in line with the requirements of commercial mass production of fuel cell. When the fuel cell industry gradually enters the stage of mass production, molded composite graphite bipolar plate naturally becomes a better choice.It is because of the broad prospects of moulded composite graphite bipolar plate that Duco New Material makes strategic transformation on the basis of the business of adhesives for composite bipolar plate.Qingdao Duke, which was jointly established by Hancable, Duke New Materials and Qingdao Yanhai Carbon Materials at the end of 2020, mainly focuses on the production and sales of ultra-thin composite graphite bipolar plate components.Qingdao Duke molded composite bipolar plate was officially launched at the end of last year, causing a sensation in the industry.After testing, the main performance index of the product exceeds the Standard of the United States, and meets the index requirements of the Ministry of Science and Technology’s hydrogen fuel cell bipolar 2020 major key research project. Among them, the measured value of the key index such as electrical conductivity is more than two times of the index requirements of the Ministry of Science and Technology.”Since the first quarter of this year, the company’s molded composite bipolar plate has cooperated with many domestic and foreign appliance stack enterprises to carry out product testing, the performance indicators basically meet customer needs.”Zheng Jianbao, vice president of Technology of Qingdao Duke, said that Qingdao Duke has obtained a number of small batch orders from customers, and signed strategic cooperation agreements with several domestic fuel cell head enterprises to customize and develop composite bipolar plate components that meet customer needs, and jointly build an independent and controllable hydrogen energy fuel cell core material industry chain.>> To build the largest composite bipolar plate production base in Asia, if the business transformation from glue to bipolar plate needs strategic vision, then do a good job of molding composite graphite bipolar plate needs a professional team and deep technology and experience accumulation.”The moulded composite graphite plate needs to improve the application performance of bipolar plate by selecting suitable raw materials and continuous moulded forming process, so as to improve the production efficiency and reduce the production cost.”Zheng jianbao said that to do a good job of moulding composite panels, it is necessary to master the core process of materials and moulding.Duco New Materials has been developing composite base materials for molded composite bipolar plates since 2018, and has applied for national invention patents.At present, Qingdao Duke composite bipolar plate components have independent intellectual property rights and a number of invention patents.The product adopts self-synthetic resin and reinforcement material, graphite worm mixture, roller forming preformed plate, using rapid cold forming molding process, supporting research and development of water field and gas field bonding seal with glue scheme, has the advantages of controllable technology and cost.”Unlike other suppliers, Qingdao Duke can directly provide customers with bonded and sealed bipolar plates.”Zheng jianbao said, from glue, base material to plate, the company can get through the whole manufacturing process of never expected finished products, so the production of molded composite graphite plate is very cost-effective advantage.Through the use of cold pressing molding process, the thickness of Qingdao Duke molded composite bipolar plate can do 1.4mm, the speed of molding up to 2 minutes 1 piece, in improving the flatness of the bipolar plate at the same time, but also can prolong the service life of more than 1 times the mold.In addition to the innovation of production technology, Qingdao Duke also has a unique business model.It can greatly shorten the design and manufacturing cycle of the reactor and optimize the production line construction of the reactor enterprises by adopting the sales mode of components, thus providing customers with a new idea of greatly reducing costs.”After the debugging of the company’s automatic production line, the batch purchase price of the bonded and sealed molded composite graphite bipolar plate components can be 90 yuan/group.”Zheng jianbao said that Qingdao Duke can also provide customized solutions according to the needs of customers, to reduce costs and improve efficiency for customers in an all-round way.Up to now, Qingdao Duke has obtained a number of small batch orders from customers, and signed strategic cooperation agreements with several domestic fuel cell head enterprises to customize and develop composite bipolar plate components that meet customer needs.By the end of 2021, Qingdao Duke’s first phase production line with an annual output of 1 million sets of composite bipolar plates has been completed and put into operation. The production line is expected to be fully automated and upgraded before the end of June this year.In order to meet the larger market demand in the future, Qingdao Duke also plans to increase its investment to 500 million yuan;After the completion of the second phase construction, it can form an annual production capacity of 10 million sets of composite bipolar plate components, and the total output value of the production scale of more than 1 billion yuan.