证券代码：833523 证券简称：德瑞锂电 公告编号：2024-067 惠州市惠德瑞锂电科技股份有限公司 关于参加广东辖区 2024 年投资者网上集体接待日 说明会预告公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 说明会类型 为进一步加强与投资者的互动交流，惠州市惠德瑞锂电科技股份有限公司 （以下简称"公司"）将参加由广东证监局、广东上市公司协会联合举办的"坚 定信心 携手共进 助力上市公司提升投资价值——2024 广东辖区上市公司投资 者关系管理月活动投资者网上集体接待日"。 二、 说明会召开的时间、地点 三、 参加人员 公司董事长、总经理：潘文硕先生 公司财务总监：王卫华女士 公司董事会秘书：丁实荣先生 四、 投资者参加方式 本次说明会采用网络方式召开。 投资者可登录"全景路演"网站（http://rs.p5w.net）参与本次互动交流， 届时公司高管将在线就 2024 年半年度业绩、公司治理、发展战略、经营状况和 可持续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊 ...

惠州市惠德瑞锂电科技股份有限公司 投资者关系活动记录表 | --- | |------------------------------------------------------------------------| | | | 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 | | 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 | | 带法律责任。 | 一、 投资者关系活动类别 □特定对象调研 □业绩说明会 □媒体采访 □现场参观 □新闻发布会 □分析师会议 □路演活动 √其他 机构投资者线上交流会议 二、 投资者关系活动情况 活动时间：2024 年 8 月 29 日 活动地点：线上会议 参会单位及人员：创金合信基金、广发证券资产管理部、东莞证券、中天证 券、贝寅资本、中泰证券、华夏基金、华鑫证券、东北证券、开源证券、国投证 券、汇瑾资本、巨鹿资本、中军投资、金元投资、国联证券、兴业证券、临信资 产 上市公司接待人员：董事会秘书丁实荣先生 三、 投资者关系活动主要内容 问题 1：公司 2024 年上半年毛利率提升的主要原因是什么？高毛利是否能 持续维持？ ...

□特定对象调研 □业绩说明会 □媒体采访 □现场参观 证券代码：833523 证券简称：德瑞锂电 公告编号：2024-066 惠州市惠德瑞锂电科技股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 投资者关系活动类别 □新闻发布会 □分析师会议 √其他 机构投资者线上交流会议 □路演活动 二、 投资者关系活动情况 活动时间：2024 年 8 月 29 日 活动地点：线上会议 参会单位及人员：创金合信基金、广发证券资产管理部、东莞证券、中天证 券、贝寅资本、中泰证券、华夏基金、华鑫证券、东北证券、开源证券、国投证 券、汇瑾资本、巨鹿资本、中军投资、金元投资、国联证券、兴业证券、临信资 产 上市公司接待人员：董事会秘书丁实荣先生 三、 投资者关系活动主要内容 问题 1：公司 2024 年上半年毛利率提升的主要原因是什么？高毛利是否能 持续维持？ 回答：公司产能已经不足，今年以来一直通过优化生产班次及生产计划等方 式，以满足客户交货需求。针对产能瓶颈，公司投资建设的惠德瑞 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating a positive outlook for the next six months [1]. Core Insights - The company reported a significant increase in revenue and net profit for the first half of 2024, with revenue reaching 230 million yuan, up 72.9% year-on-year, and net profit of 62.9 million yuan, up 450.9% year-on-year [1]. - Both domestic and international sales have shown strong growth, with overseas sales increasing by 108.5% year-on-year [1]. - The company has benefited from a decrease in raw material prices and scale effects, leading to improved gross and net profit margins [1]. - A new production capacity of 180 million lithium batteries is expected to enhance growth potential, with the project set to be operational by the second half of 2025 [1]. Financial Summary - The company forecasts net profits of 121.1 million yuan, 143.5 million yuan, and 176.5 million yuan for 2024, 2025, and 2026 respectively, with a compound annual growth rate (CAGR) of 49.1% [2]. - Revenue projections for the years 2024 to 2026 are 346.38 million yuan, 421.57 million yuan, and 563.88 million yuan, with growth rates of 21.71%, 33.76%, and 20.14% respectively [3]. - The estimated earnings per share (EPS) for 2024, 2025, and 2026 are 0.53 yuan, 1.20 yuan, and 1.42 yuan respectively [3]. Market Position and Competitiveness - The company is positioned to capitalize on the growing demand in downstream markets, with an optimized product and customer structure enhancing its competitive edge [2]. - The report highlights the company's ability to scale production of lithium iron batteries, which are expected to replace carbon-zinc batteries, further driving revenue growth [5].

Investment Rating - The report maintains an "Accumulate" rating for the company [1] Core Views - The company has shown significant growth in revenue and net profit for H1 2024, with revenue reaching 227 million yuan, a year-on-year increase of 72.91%, and net profit of 63 million yuan, a year-on-year increase of 450.94% [2][1] - The growth in revenue is attributed to the company's continuous market expansion, technological innovation, and improved service levels, leading to a steady increase in domestic and international orders [2] - The report projects an increase in net profit for 2024-2026, with estimates of 127 million yuan, 149 million yuan, and 171 million yuan respectively, up from previous estimates of 102 million yuan, 136 million yuan, and 166 million yuan [2] Financial Performance Summary - For H1 2024, the company achieved a gross margin of 42.37%, an increase of 19.18 percentage points year-on-year, primarily due to a decline in raw material prices [2] - The company’s sales, management, R&D, and financial expense ratios for Q2 2024 were 2.30%, 4.02%, 3.81%, and -2.84% respectively, indicating strong cost control [2] - The company’s revenue from lithium manganese batteries and lithium iron batteries was 214 million yuan and 14 million yuan respectively, with domestic sales increasing by 32.94% and international sales by 108.53% [2] Earnings Forecast and Valuation - The report provides earnings forecasts with total revenue projected to reach 465.51 million yuan in 2024, 559.90 million yuan in 2025, and 671.89 million yuan in 2026, reflecting growth rates of 34.39%, 20.28%, and 20.00% respectively [1][8] - The projected earnings per share (EPS) for 2024, 2025, and 2026 are 1.26 yuan, 1.47 yuan, and 1.69 yuan respectively, with a price-to-earnings (P/E) ratio of 9.01, 7.72, and 6.69 [1][8]

Financial Performance - The company achieved operating revenue of CNY 227.27 million, a 72.91% increase compared to the same period last year[15]. - The net profit attributable to shareholders reached CNY 62.95 million, reflecting a significant growth of 450.94% year-on-year[15]. - The net profit after deducting non-recurring gains and losses was CNY 64.28 million, up 371.67% from the previous year[15]. - The gross profit margin improved to 42.37%, up from 23.19% in the previous year[15]. - The company's revenue reached ¥227,274,724.56, representing a 72.91% increase compared to ¥131,439,187.00 in the same period last year[28]. - Net profit surged to ¥62,946,705.76, reflecting a 450.94% increase from ¥11,425,410.49 in the previous year[29]. - The company reported a total comprehensive income for the period of CNY 62,946,705.76, compared to CNY 11,425,410.49 in the same period last year, indicating a substantial increase[68]. - Operating profit amounted to CNY 75,548,762.81, compared to CNY 12,555,373.45 in the same period last year, indicating a year-over-year increase of around 503%[68]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 672.39 million, representing a 16.94% increase from the end of the previous year[16]. - The company's total liabilities were CNY 165.21 million, which is a 41.80% increase compared to the previous year[16]. - The net asset attributable to shareholders was CNY 507.18 million, showing a growth of 10.62% year-on-year[16]. - The asset-liability ratio was 24.57%, reflecting a stable financial condition[16]. - The total liabilities reached ¥165,213,758.60, compared to ¥116,508,549.23 in the previous year, which is an increase of approximately 42%[66]. - The total owner's equity at the end of the period was CNY 507,179,104.85, showing a robust financial position[72]. Cash Flow - The company reported a cash flow from operating activities of CNY 59.60 million, an increase of 54.18% compared to the same period last year[23]. - The cash flow from operating activities generated CNY 59,599,426.02, up from CNY 38,656,674.61, reflecting a growth of approximately 54%[69]. - The cash and cash equivalents at the end of the period totaled CNY 225,651,035.16, an increase from CNY 186,373,823.25 at the end of the previous period, representing a growth of approximately 21%[70]. Research and Development - The company holds 5 invention patents and 22 utility model patents, indicating a strong focus on technological innovation[21]. - Research and development expenses increased by 79.38% to ¥9,063,278.08, indicating a strong focus on innovation[28]. - The company emphasizes continuous investment in R&D to enhance innovation capabilities and maintain competitive advantages in product performance[40]. Market and Competitive Landscape - The company plans to expand its market presence in the lithium battery sector, particularly in high-performance applications[25]. - The lithium iron battery market is expected to grow significantly, with current market share dominated by zinc-manganese and alkaline batteries, which hold over 90%[25]. - The company faces competitive risks in the lithium manganese battery market, necessitating strategic adjustments to maintain market share[37]. Shareholder Information - The total number of ordinary shares is 101,301,369, with no preferred shares issued[12]. - The company has a total of 101,301,369 shares outstanding after a rights distribution on June 3, 2024, which included a cash dividend and a capital increase[49]. - The largest shareholder, Ai Jianjie, increased his holdings to 15,285,738 shares, accounting for 15.0894% of the total shares[51]. - The company underwent a change in its controlling shareholder, with the previous controlling shareholders, Ai Jianjie and Pan Wenshu, no longer holding control as of April 28, 2024[52]. Risks and Challenges - The company faces significant risks from fluctuations in the prices of core raw materials, particularly lithium, which can greatly impact production costs due to its high proportion in the main business cost structure[38]. - The company has a high proportion of export revenue, making it vulnerable to trade frictions, exchange rate fluctuations, and changes in the competitive environment[39]. - The company is exposed to risks from exchange rate fluctuations, particularly with the USD, which can affect sales prices and foreign currency asset valuations[39]. Employee and Management - The total number of employees increased from 590 to 743, marking a 25.9% growth in workforce[62]. - The company appointed new senior management, including a new board secretary, reflecting a restructuring of the management team[59]. - The company has implemented employee incentive measures, including stock ownership plans, to enhance employee loyalty and performance[41]. Accounting and Financial Policies - The financial statements are prepared based on the accrual basis of accounting, with historical cost as the measurement basis, except for certain financial instruments measured at fair value[81]. - The company has not reported any significant changes in the scope of consolidation for the consolidated financial statements[79]. - The company recognizes revenue when control of goods or services is transferred to the customer, based on the transaction price allocated to the performance obligation[150]. Government Support - The company received government subsidies, leading to a 232.94% increase in other income compared to the previous year[30]. - The company has enjoyed tax incentives as a high-tech enterprise since 2014, but potential changes in tax policies could increase tax burdens and negatively affect performance[38].

证券代码：833523 证券简称：德瑞锂电 公告编号：2024-062 惠州市惠德瑞锂电科技股份有限公司 第四届董事会第二次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2024 年 8 月 25 日 2.会议召开地点：公司二楼会议室 3.会议召开方式：现场记名投票 4.发出董事会会议通知的时间和方式：2024 年 8 月 15 日以书面方式发出 二、议案审议情况 （一）审议通过《关于<2024 年半年度报告>及其摘要的议案》 1.议案内容： 根据《公司法》《北京证券交易所股票上市规则（试行）》等法律、法规及《惠 州市惠德瑞锂电科技股份有限公司章程》等公司内部治理文件的规定，公司编制 了《惠州市惠德瑞锂电科技股份有限公司 2024 年半年度报告》及《惠州市惠德 瑞锂电科技股份有限公司 2024 年半年度报告摘要》。具体内容详见公司同日在北 京证券交易所指定信息披露平台（www.bse.cn）披露的《2024 年半年度报告》（公 ...

5.会议主持人：王之平女士 证券代码：833523 证券简称：德瑞锂电 公告编号：2024-063 惠州市惠德瑞锂电科技股份有限公司 第四届监事会第二次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 根据《公司法》《北京证券交易所股票上市规则（试行）》等法律、法规及《惠 州市惠德瑞锂电科技股份有限公司章程》等公司内部治理文件的规定，公司编制 1.会议召开时间：2024 年 8 月 25 日 2.会议召开地点：公司二楼会议室 3.会议召开方式：现场记名投票 4.发出监事会会议通知的时间和方式：2024 年 8 月 15 日 以书面方式发出 了《惠州市惠德瑞锂电科技股份有限公司 2024 年半年度报告》及《惠州市惠德 瑞锂电科技股份有限公司 2024 年半年度报告摘要》。具体内容详见公司同日在北 京证券交易所信息披露平台（www.bse.cn）上披露的《2024 年半年度报告》（公 告编号：2024-064）和《2024 年半年度报告摘要》（2024 ...

证券代码：833523 证券简称：德瑞锂电 公告编号：2024-062 惠州市惠德瑞锂电科技股份有限公司 第四届董事会第二次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 4.发出董事会会议通知的时间和方式：2024 年 8 月 15 日以书面方式发出 5.会议主持人：潘文硕先生 6.会议列席人员：公司高级管理人员、全体监事 7.召开情况合法、合规、合章程性说明： 本次会议的召集和召开程序符合《公司法》《公司章程》等相关规定，议案 内容不存在违反相关法律法规的情形，所作决议合法有效。 （二）会议出席情况 会议应出席董事 6 人，出席和授权出席董事 6 人。 二、议案审议情况 1.会议召开时间：2024 年 8 月 25 日 2.会议召开地点：公司二楼会议室 3.会议召开方式：现场记名投票 3.回避表决情况： 本议案不涉及关联交易事项，无需回避表决。 4.提交股东大会表决情况： 本议案无需提交股东大会审议。 三、备查文件目录 （一）审议通过《关于< ...