On 7 Sept., 2016, Liaoning SG Automotive
Group Co., Ltd. (SG Automotive Group) announced that it would establish Ruichi
New Energy Power System (Dalian) Co., Ltd. (Ruichi New Energy) jointly with
Neusoft Ruichi Automobile Technology (Shanghai) Co., Ltd. (Neusoft Ruichi) and
Samsung SDI Co., Ltd. (Samsung SDI), covering the production and marketing of
power Li-ion battery pack and charging device used in alternative energy
vehicles.
![](http://www.cnchemicals.com/Webdata/WebResources/image/20161011/20161011095241_1820.jpg)
Source: Baidu
It is believed that the registered capital of Ruichi New Energy amounts to
USD14.97 million (RMB100 million), in which SG Automotive Group invested
USD5.24 million (RMB35 million), Neusoft Ruichi invested USD7.49 million (RMB50
million), and SDI invested USD2.25 million (RMB15 million).
What's worth mentioning is that Ruichi New Energy is closely connected with
enterprises from Japan and South Korea. Except for Samsung SDI which is a South
Korean enterprise, Neusoft Ruichi is actually a Sino-Japanese joint
venture.
The major shareholders of Neusoft Ruichi are Neusoft Corporation, Shenyang
Furuichi Enterprise Management Centre (Limited Partnership), and Alpine
Electronics (China) Co., Ltd. which is a sole-funded company established in
Beijing by Alpine Electronics, Inc.
![](http://www.cnchemicals.com/Webdata/WebResources/image/20161011/20161011094453_9612.jpg)
However, since Samsung SDI has not been
listed into the enterprise catalogue of Regulations on Vehicle Power Battery
Industry, relevant downstream users (automakers) will unable to acquire
national subsidy, imposing doubts on the marketing of the power Li-ion battery
of the newly-built joint venture.
It is reported that, as early as April, 2016, Anhui Jianghuai Automobile Co.,
Ltd. has decided to terminate the manufacturing of the new type iEV6S because
the use of 18650 ternary Li-ion battery provided by Samsung SDI makes it fail
to acquire subsidy from the government.
The insiders pointed out that influenced by the investigation on subsidy
frauds, the national subsidy policies have not been issued. Therefore, domestic
alternative energy vehicle enterprises may be rather discreet in selecting
supporting power Li-ion battery. As to the marketing of the products from
Ruichi New Energy (currently all its battery packs are manufactured by battery
cells provided by Samsung SDI), it all depends on the policies to be issued and
Samsung SDI needs to spare no efforts to get enlisted in that enterprise
catalogue.
This article comes from China Li-ion Battery E-News 1609, CCM
![](http://www.cnchemicals.com/Webdata/WebResources/image/20161011/20161011094427_7999.jpg)
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Tag: Li-ion battery