Rifeng shares enter the field of liquid-cooled high-power charging. In 2021, Rifeng acquired a 65% stake in Shanghai Embe New Energy Technology Co., Ltd. through capital increase and share expansion, increased research and development of new energy vehicle charging systems, and expanded the field of new energy business. In response to investors' questions on May 31, 2022, the listed company revealed that the "Super liquid-cooled High Power charging Gun and charging system" developed by its subsidiary, Shanghai Embe, has enabled the company's products to go deep into the field of new energy. At present, the development of core technology and related verification have been completed.
One of the advantages of liquid-cooled fast charging is the fast charging speed. In terms of charging power, Tesla, Inc. is the first car company in the world to use liquid-cooled charging. It launched the V3 super charging pile in 2019, which can support peak charging power up to 250kW.
Domestic special calls keep abreast of the technology trend. In April 2022, official account announced that it has liquid-cooled fast charging technology, and the maximum output power of its overcharge terminal can reach 600KW, realizing the extremely fast charging experience with a range of 300km in 5 minutes.
The second advantage of liquid-cooled fast charging is the light weight of charging equipment. The increase of power means higher requirements for the heat dissipation performance of charging equipment, and the traditional air-cooled charging system can only adopt the way of thickening cable, which makes the traditional fast charging equipment extremely heavy and inconvenient to use. While the liquid-cooled overcharge wire and cable is very thin, greatly reducing the weight of charging equipment, it is very easy to pick up. Take Tesla, Inc. as an example, the wire diameter of the previous generation V2 charging pile is 36.3mm, compared with the wire diameter of V3 charging pile is only 23.87mm, a reduction of about 34.24%.
The third advantage of liquid cooling fast charge is low calorific value and high safety. The liquid-cooled high-power charging gun drives the coolant flow through the electronic pump and makes it circulate among the liquid-cooled cable, the coolant storage tank and the radiator to achieve the heat dissipation effect, thus achieving the characteristics of low temperature. At present, the liquid-cooled charging gun in our country mainly adopts the insulating oil-cooled line structure. Because the insulating oil has the characteristics of high ignition temperature, low specific heat capacity and safe and reliable insulation, compared with the water + refrigerant liquid-cooled line structure, the structure of insulated oil-cooled line is safer.
The field of liquid-cooled fast charge is in its infancy with great potential and broad prospects for development. In order to meet the requirements of consumers for charging efficiency, many automobile companies and manufacturers aim at the field of liquid-cooled fast charging. This technology well solves the heating and structural problems caused by power improvement, and is expected to become an ideal solution in the future. In February 2021, Tesla built a super charging pile factory in Shanghai, with an initial planned annual production capacity of 10000 super charging piles, mainly V3 super charging piles. XPeng Inc. also began to adopt the liquid-cooled heat dissipation technology of the charging gun, becoming the first car company in China to mass-produce and lay 480kW high-voltage charging piles. The company plans to cooperate to promote no less than 300 supercharging stations in Guangzhou, Guangdong and Hainan by the end of 2023, and 1000 overcharging stations in cities across the country by 2025.
The liquid-cooled fast charging technology developed by Rifeng Co., Ltd. is more advanced. At present, the current of the mainstream liquid-cooled fast charging gun has a maximum current of 600A, while Rifeng said in its performance presentation on May 13, 2022 that the super liquid-cooled high-power charging system developed by the company is an original product, with a current of up to 1000A, so that the company's products may provide more charging power and seize more market share. Rifeng shares originally worked hard in the field of wires and cables for many years, and the requirements for cables in the liquid-cooled supercharging system are relatively high. Rifeng shares can give full play to the traditional business synergy and continue to expand in the field of liquid-cooled overcharging. It is recommended to pay attention to the investment value of Rifeng shares / Rifeng convertible bonds.
Risk hint: research and development progress is not as expected, mass production is not as expected, update technology iteration
