Graphene project will receive policy support

The previous announcement of Zhongchao Cable stated that it will lay out the development and industrialization of graphene cables. A reporter from the China Securities Journal recently learned from a personage of the Wuxi Municipal Government that the company’s business will be supported by local governments. The industry expects that the graphene cable project of China Super Power Cable is expected to be put into operation quickly in the spring of policy.

“One-stop” support for China Super Power Cable Co., Ltd. recently signed letters of intent for the joint application of graphene materials in wire and cable applications with Jiangnan Graphene Research Institute, Xi’an Jiaotong University, Sixth Elements and other companies, and the company’s research and development in graphene cables. Start to layout.

According to industry insiders, graphene is applied to cables, and its performance in stability, electrical conductivity, etc. will be greatly improved over that of ordinary cables. According to publicly available information, the graphene project promoted by China Super-Cable will focus on R&D of graphene materials applied to wire and cable, development of graphene composites for wire and cable, design of graphene cable structure, process design, pilot test, and products. Standard compilation preparation and results transformation and industrialization promotion. At the same time, it will assume the national and local scientific and technological tasks and commissioned R&D projects, and carry out related R&D, pilot and high-tech application promotion work with clear application directions.

The China Securities Journal reporter learned that this new project of the Super Cable will be strongly supported by the local government. Shen Weiliang, deputy director of Wuxi Huishan Economic Development Zone Administrative Committee in Jiangsu, told reporters that the Wuxi municipal government will strongly support the development of the graphene cable industry in Wuxi, and it is “full-process” support for different stages of R&D and industrialization of graphene cables. Give different support policies.

Specifically, at the early stage of the development of graphene cable companies, enterprises are provided with preferential policies for rent-free and tax-free within a few years, and the government purchases equipment to provide them to enterprises. After the enterprises have conditions for small-scale trial production, the government will provide them with Preferential factories and other production space; enterprises need to expand the reproduction, will provide enterprises with land concessions and other policies.

The “Outline of Wuxi Graphene Industry Development Program” released on the 18th clearly stated that Wuxi will focus on the development and application of microelectronics, super capacitors, transparent conductive films, thermal conductive materials, composite materials, super catalysts, wire and cable, and environmental protection industries. Promotion.

The Yixing Power Cable Co., Ltd. is located in the county-level city under the jurisdiction of Wuxi. The Xizhou Electromagnetic Wire Co., Ltd. and Pearl Cable Co., Ltd., which were acquired by the company last year, are located in Wuxi City. The company sent a general manager and other representatives to participate in Wuxi on December 18. Accelerate the press conference on the development of graphene industry. All kinds of signs indicate that China Super-Cable will become the beneficiary of Wuxi's accelerating the application of graphene industrialization.

More than 40% of capital gains were made. In fact, as early as November 18th, Zhongchao Cable's annual output of 100 tons of graphene oxide/graphene powder production line has been put into production in Changzhou, Jiangsu. The company had previously stated that after the 100 tons of graphene oxide production line is put into operation, it is expected that it will achieve an annual output of 1,000 tons in 2016.

The market seems to approve of the company’s entry into the new material cable project. In terms of secondary market performance, starting from November 19th when the company issued the letter of intent for signing the graphene cable project, the share price of China SuperCable continued to rise against the market, rising from RMB8.20 to the latest closing price of RMB9.50.

China Securities Journal reporter noted that at the end of 2012, China SuperCable completed the non-public offering of 45.6 million new shares. In this issuance, except for the shares listed and sold by Jiangsu Zhongchao Investment Group Co., Ltd. that were listed for trading in 2015, the lock-up period for the remaining four subscribed shares was 12 months from the date of listing of the newly added shares, and 2013 The lock was released on December 7th.

The issue price was 13.28 yuan per share at that time. On June 8, 2013, Zhongchao Cable, based on the total capital of 253.6 million shares, sent RMB 2 cash (including tax) for every 10 shares to all shareholders. At the same time, it transferred 10 shares for every 10 shares to all shareholders through capital reserve, and participated in additional issuance. The institutional investor’s cost per share fell to around 6.6 yuan. Based on the preliminary closing price of 9.49 yuan on December 20, the profit of the institutions involved in the current round of issuance is above 40%.