Group 1: Company Performance and Market Strategy - In 2023, the company experienced a significant decline in overall performance, but there is confidence in improvement for 2024 based on second-quarter orders and customer communications [1] - The company aims to expand its overseas market presence in regions such as Japan and Australia while increasing participation in the domestic market, particularly in South China and East China [2] - Despite a decline in overall performance, the shipment volume of large energy storage products has seen exponential growth [2] Group 2: Inventory and Market Conditions - The energy storage industry faced high inventory levels in 2023 due to supply chain issues, but the European household energy storage market remains stable without significant growth or decline [2] - The company is optimistic about demand and installation conditions for Q2 and Q3 of 2024, indicating a positive outlook for inventory digestion [2] Group 3: Product Development and Technological Advancements - The company has been involved in the household energy storage market for over ten years and has made significant advancements in large-scale energy storage systems [3] - Sodium battery products are being developed for both commercial and household markets, with plans to supply hundreds of megawatt-hours in 2024 [4] - The company is focused on reducing sodium battery costs and enhancing commercial viability, leveraging its advantages in low-temperature performance [4] Group 4: Pricing Strategy and Market Competition - The pricing strategy for products is influenced by the rebound in lithium carbonate prices, with adjustments based on global market conditions [5] - The company has maintained a stable business volume by avoiding irrational competition in the market, despite fluctuations in the supply chain [5] - The energy storage market is experiencing intense competition, but this presents opportunities for industry leaders to solidify their market positions [5]

Summary of Conference Call Company/Industry Involved - The conference call is related to the animal securities research industry, specifically addressing institutional investors and invited clients. Core Points and Arguments - The content of the call emphasizes that the opinions expressed by third-party experts are personal views and do not constitute judgments or investment advice regarding specific securities at particular price points or market conditions [1] Other Important but Possibly Overlooked Content - The call includes a reminder that unauthorized recording, forwarding, or interpretation of the information presented is strictly prohibited, highlighting the confidentiality and sensitivity of the information shared [1]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The Q1 performance met market expectations with revenue of 390 million yuan, showing a year-on-year decrease of 79% and a quarter-on-quarter increase of 54%. The net profit attributable to the parent company was 4 million yuan, reflecting a year-on-year decrease of 99% and a quarter-on-quarter decrease of 103% [3] - The company expects Q1 shipments to reach 0.25 GWh, a quarter-on-quarter increase of 30%. By the end of Q2, channel inventory is anticipated to be gradually consumed, with a projected year-on-year growth rate of 40% for European household storage demand in 2024, leading to an expected shipment of 3 GWh, a year-on-year increase of 60% [3] - The company has turned a profit on a per watt-hour basis, with the average price expected to be around 1.7-1.8 yuan (including tax), a quarter-on-quarter increase of approximately 15%. If the equity cost of 10 million yuan is added back, the profit per watt-hour is around 0.05 yuan, indicating a turnaround to profitability [3] - Capital expenditures have significantly decreased, with inventory remaining stable. In Q1 2024, total expenses were 120 million yuan, down 29% year-on-year and up 29% quarter-on-quarter. The inventory was 700 million yuan, a decrease of 70 million yuan from the beginning of the year [3] - The profit forecast for 2024-2026 is maintained at 370 million, 530 million, and 740 million yuan respectively, with corresponding P/E ratios of 38x, 27x, and 19x. Given the company's position as a global leader in household storage and the gradual recovery of demand in Europe, the "Buy" rating is upheld [3] Financial Summary - Total revenue for 2023 is projected at 3,299 million yuan, with a year-on-year decrease of 45.13%. For 2024, revenue is expected to be 3,922 million yuan, reflecting an 18.88% increase [2][3] - The net profit attributable to the parent company for 2023 is forecasted at 515.64 million yuan, a year-on-year decrease of 59.49%, while for 2024, it is expected to be 368.54 million yuan, a decrease of 28.53% [2][3] - The latest diluted EPS for 2023 is projected at 2.94 yuan per share, with an expected decrease to 2.10 yuan in 2024 [2][3] - The company's total assets are estimated to reach 12,131 million yuan in 2023, increasing to 13,266 million yuan in 2024 [8]

Financial Performance - The company's operating revenue for Q1 2024 was ¥385,579,683.51, representing a decrease of 79.05% compared to the same period last year[4] - The net profit attributable to shareholders was ¥4,000,435.14, down 99.13% year-on-year[4] - The net profit after deducting non-recurring gains and losses was -¥8,428,633.45, a decline of 101.85% compared to the previous year[4] - The net cash flow from operating activities was ¥210,254,481.05, down 78.56% year-on-year[4] - Basic and diluted earnings per share were both ¥0.02, reflecting a decrease of 99.27% compared to the same period last year[6] - Total revenue for Q1 2024 was ¥385,579,683.51, a significant decrease from ¥1,840,676,935.98 in Q1 2023[19] - In Q1 2024, the company reported a net profit of CNY 3,951,860.14, a significant decrease compared to CNY 461,900,491.35 in Q1 2023[21] - The total operating profit for Q1 2024 was CNY -7,281,256.64, contrasting with CNY 552,097,377.51 in the same period last year[21] - The company reported a basic earnings per share of CNY 0.02, compared to CNY 2.74 in the same quarter last year[22] - The total comprehensive income for Q1 2024 was CNY 3,254,154.48, a sharp decline from CNY 461,900,491.35 in Q1 2023[22] Cash Flow and Liquidity - Cash and cash equivalents increased to ¥4,890,002,218.92 from ¥4,286,503,593.82 as of December 31, 2023[16] - The ending cash and cash equivalents balance was approximately $2.69 billion, compared to $6.78 billion at the end of the previous year, showing a decrease in liquidity[25] - The cash flow from operating activities was not detailed, but the overall cash position improved with a net increase of approximately $840.88 million[25] - The net cash inflow from investment activities was approximately $4.77 billion, compared to $1.50 billion in the previous year, indicating a significant increase[25] - The net cash outflow from financing activities was approximately $58.37 million, a decrease from $95.73 million year-over-year, reflecting improved cash management[25] - The net cash flow from investment activities was approximately $669.86 million, a turnaround from a negative cash flow of $610.78 million in the previous year[25] - The company received approximately $15 million from borrowings, indicating continued reliance on debt financing[25] - The cash outflow for financing activities included approximately $64,930 in dividend payments, reflecting ongoing shareholder returns despite reduced cash flow[25] Research and Development - Total R&D investment amounted to ¥93,582,948.33, which is 24.27% of operating revenue, an increase of 17.67 percentage points year-on-year[6] - Research and development expenses amounted to CNY 93,582,948.33, down from CNY 121,570,812.47 in Q1 2023, indicating a reduction of approximately 23%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,334[10] - The top ten shareholders held a total of 7,726,025 shares, representing 4.40% of the total shares[12] - The company reported a total of 1,081,042 shares held by the China Agricultural Bank Co., Ltd. - CSI 500 ETF, representing 0.62% of the total shares[12] - The company repurchased a total of 226,200 shares, accounting for 0.129% of the total share capital, with a total expenditure of RMB 19.72 million[14] - The highest repurchase price was RMB 89.81 per share, and the lowest was RMB 80.66 per share[14] - The company plans to utilize repurchased shares for equity incentives or employee stock ownership plans in the future[14] Market Conditions and Challenges - The company experienced a significant decline in revenue due to reduced demand in the household energy storage market and the impact of subsidy policy adjustments[9] - The company faced challenges due to changes in macroeconomic conditions and a slowdown in market demand, impacting revenue and sales volume[14] - The company is at risk of operational pressure and potential losses if macroeconomic conditions worsen or if it fails to maintain customer relationships[14] - The company reported a net profit margin decline due to reduced revenue and increased costs, reflecting ongoing market challenges[19] - The company has seen a recovery in production and sales compared to the previous quarter, indicating a potential positive trend moving forward[14] - The company is focusing on new product development and market expansion strategies to improve future performance[19] Asset Management - Total assets at the end of the reporting period were ¥11,948,292,355.95, a decrease of 1.50% from the end of the previous year[6] - Total assets decreased to ¥11,948,292,355.95 from ¥12,130,848,098.25 as of December 31, 2023[18] - Total liabilities decreased to ¥2,449,461,258.97 from ¥2,600,562,363.28 as of December 31, 2023[18] - Non-current assets remained stable at ¥3,480,264,398.37 compared to ¥3,480,224,526.03 as of December 31, 2023[17] - Inventory slightly decreased to ¥702,181,466.02 from ¥706,897,279.20 as of December 31, 2023[16] Non-Recurring Gains and Losses - The company reported a loss in non-recurring gains and losses, with a total of ¥12,429,068.59 after tax[8]

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 截至本公告披露日，上海派能能源科技股份有限公司（以下简称"公司"） 股东派锂（宁波）创业投资合伙企业（有限合伙）（曾用名：派锂（厦门）科技 合伙企业（有限合伙）、黄石融科创新投资基金中心（有限合伙），以下简称"融 科创投"）持有公司股份 21,873,364 股，占公司总股本的 12.45%。 公司股东融科创投本次质押股份 6,752,195 股，占其持股总数的 30.87%， 占公司总股本的 3.84%。本次质押后，其累计质押公司股份 11,652,195 股，占 其持股总数的 53.27%，占公司总股本的 6.63%。 一、本次股份质押情况 公司于近日接到公司股东融科创投通知，获悉其所持公司的部分股份被质押， 具体事项如下： | | 是否为控 | 本次质押 | 是否 | 是否 | | | | 占其 所持 | 占公 司总 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- ...

上海派能能源科技股份有限公司 关于参加2023年度科创板电池专场业绩说明会暨2024 年第一季度业绩说明会的公告 证券代码：688063 证券简称：派能科技 公告编号：2024-030 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： （http://roadshow.sseinfo.com/） 投资者可于 2024 年 5 月 8 日（星期三）16:00 前通过邮件、电话等形式 将需要了解和关注的问题提前提供给公司。公司将在本次业绩说明会上对投资者 普遍关注的问题进行回答。 上海派能能源科技股份有限公司（以下简称"公司"）分别于 2024 年 4 月 12 日、2024 年 4 月 27 日发布公司《2023 年年度报告》《2024 年第一季度报告》， 为便于广大投资者更全面深入地了解公司 2023 年年度及 2024 年第一季度经营成 果、财务状况、发展理念，公司将参加由上海证券交易所主办的 2023 年度科创板 电池专场业绩说明会，此次活动将采用线上文字互动的方式举行，投资者可登录 上海证券交易所上证路 ...

中信建投证券股份有限公司 关于上海派能能源科技股份有限公司 首次公开发行股票并在科创板上市之保荐总结报告书 中信建投证券股份有限公司（以下简称"保荐机构"、"中信建投证券"） 作为上海派能能源科技股份有限公司（以下简称"派能科技"、"发行人"或"公 司"）首次公开发行股票并在科创板上市持续督导工作的保荐机构，持续督导期 限截至 2023 年 12 月 31 日止，目前持续督导期限已经届满。中信建投证券根据 《证券发行上市保荐业务管理办法》《上海证券交易所科创板股票上市规则》等 法规和规范性文件的相关规定，出具本保荐总结报告书。 一、保荐机构及保荐代表人承诺 | 上市公司名称 | 上海派能能源科技股份有限公司 | | --- | --- | | 证券代码 | 688063.SH | 1 | 注册资本 | 元 175,626,333.00 | | --- | --- | | 注册地址 | 中国（上海）自由贸易试验区祖冲之路 887 弄 71-72 号 5 层 | | 主要办公地址 | 中国（上海）自由贸易试验区祖冲之路 887 弄 71-72 号 5 层 | | 法定代表人 | 韦在胜 | | 实际控制人 | 无 ...

Investment Rating - The investment rating for the company is upgraded to "Outperform" [2][5]. Core Views - The report indicates that the industry destocking has led to a decline in performance, but the company's comprehensive strength ensures its long-term competitiveness [1][5]. - The company's revenue and profit have both decreased year-on-year due to industry destocking, with 2023 revenue at 3.299 billion yuan, down 45.1%, and net profit at 516 million yuan, down 59.5% [5][7]. - The report anticipates a recovery in shipments starting in the second half of 2024 as inventory levels normalize [5][6]. Financial Summary - In 2023, the company achieved a revenue of 3.299 billion yuan, a decrease of 45.1% year-on-year, and a net profit of 516 million yuan, down 59.5% [5][7]. - The gross margin for 2023 was 32.1%, a decline of 2.5 percentage points year-on-year [7]. - The company expects net profits for 2024 and 2025 to be 435 million yuan and 637 million yuan, respectively, with an EPS of 2.48 yuan for 2024 [5][7]. - The total assets of the company are projected to reach 15.765 billion yuan by 2024, with total liabilities of 5.799 billion yuan [8]. Product and Market Position - The company generated 3.25 billion yuan in revenue from energy storage systems in 2023, down 45.2% year-on-year, with a gross margin of 31.65% [6]. - The company sold 1,874.53 MWh of soft-pack batteries in 2023, a decrease of 46.92% year-on-year, with an inventory of 605.81 MWh at the end of the year [6]. - The company is actively expanding its commercial energy storage product sales, launching a 200 kWh integrated energy storage cabinet product in 2023 [6].

Dividend Distribution and Share Capital Increase - The company plans to distribute a cash dividend of RMB 10.40 per 10 shares, totaling RMB 181,305,581.60, which accounts for 35.16% of the 2023 net profit attributable to shareholders[2] - The total cash dividend for 2023, including the RMB 94,884,827.30 used for share repurchases, amounts to RMB 276,190,408.90, representing 53.56% of the 2023 net profit[2] - The company intends to increase its share capital by issuing 4 additional shares for every 10 shares held, resulting in a total share capital increase of 69,732,916 shares[2] - The company's total share capital will change to 245,359,249 shares after the capital increase[2] - The company's total share capital as of April 11, 2024, is 175,626,333 shares, excluding 1,294,043 shares held in the repurchase account[2] Financial Performance - Revenue in 2023 was RMB 3,299,441,164.99, a decrease of 45.13% compared to 2022[16] - Net profit attributable to shareholders in 2023 was RMB 515,637,536.98, a decrease of 59.49% compared to 2022[16] - Basic earnings per share in 2023 were RMB 2.97, a decrease of 63.87% compared to 2022[17] - Revenue for Q1 2023 was RMB 1.84 billion, Q2 was RMB 716.28 million, Q3 was RMB 492.28 million, and Q4 was RMB 250.20 million[21] - Net profit attributable to shareholders in Q1 2023 was RMB 461.90 million, Q2 was RMB 231.24 million, Q3 was a loss of RMB 38.31 million, and Q4 was a loss of RMB 139.19 million[21] - Net cash flow from operating activities in Q1 2023 was RMB 980.62 million, Q2 was RMB 203.96 million, Q3 was a negative RMB 40.41 million, and Q4 was a negative RMB 72.29 million[21] - Revenue for the reporting period was 3.299 billion yuan, a decrease of 45.13% year-over-year[27] - Net profit attributable to shareholders was 515.6375 million yuan, a decrease of 59.49% year-over-year[27] - Revenue for 2023 was RMB 32.99 billion, a decrease of 45.13% year-over-year[62] - Net profit attributable to shareholders was RMB 5.16 billion, down 59.49% year-over-year[62] - Gross margin for the main business was 31.55%, a decrease of 2.57 percentage points compared to 2022[65] - Revenue from the energy storage industry decreased by 45.23% to RMB 32.46 billion[66] - Overseas revenue decreased by 45.98% to RMB 30.87 billion[66] - Production of pouch cells decreased by 55.21% to 1,805.94 MWh[68] - Sales of pouch cells decreased by 46.92% to 1,874.53 MWh[68] - Inventory of pouch cells increased by 14.24% to 605.81 MWh[68] - Sales of cylindrical cells decreased by 78.68% to 0.87 MWh[68] - Energy storage industry material costs decreased by 48.29% year-on-year, mainly due to a 45.23% decline in energy storage product revenue and lower raw material prices[71] - Energy storage industry labor costs decreased by 44.55% year-on-year, primarily due to reduced sales volume of energy storage products[71] - Other industry and product labor costs decreased by 32.98% year-on-year, mainly due to reduced sales volume of other products[71] - Other industry and product expenses increased by 135.19% year-on-year, mainly due to the release of new production capacity[71] - Sales expenses increased by 23.51% year-on-year to 116,808,038.28 yuan[78] - R&D expenses increased slightly by 0.99% year-on-year to 385,346,357.89 yuan[78] - Net cash flow from operating activities increased by 12.42% year-on-year to 1,071,875,002.93 yuan[80] - Net cash flow from financing activities surged by 2,266.10% year-on-year to 4,511,190,076.78 yuan, mainly due to refinancing funds[80] - Cash and cash equivalents increased by 239.60% to RMB 4,286,503,593.82, accounting for 35.34% of total assets, primarily due to the receipt of funds from refinancing[81] - Trading financial assets grew by 188.08% to RMB 2,063,191,098.83, representing 17.01% of total assets, mainly due to an increase in bank structured deposits[81] - Accounts receivable decreased by 33.58% to RMB 1,311,010,521.18, accounting for 10.81% of total assets, primarily due to a reduction in sales scale[82] - Inventory decreased by 50.06% to RMB 706,897,279.20, representing 5.83% of total assets, mainly due to reduced production and sales scale[82] - Fixed assets increased by 52.80% to RMB 1,631,550,197.48, accounting for 13.45% of total assets, primarily due to the completion and transfer of production lines[83] - Construction in progress surged by 155.41% to RMB 934,969,036.39, representing 7.71% of total assets, mainly due to increased investment in production bases and headquarters projects[83] - Overseas assets amounted to RMB 395.251 million, accounting for 0.33% of total assets[86] - Restricted cash totaled RMB 38,550,000.00, primarily due to guarantees for bill deposits and letter of credit deposits[87] - Total investment during the reporting period was RMB 780,905,995.00, a 1,461.81% increase compared to the same period last year[90] - The company invested RMB 730,000,000.00 in Anhui Pylon Energy Technology Co., Ltd., representing 86.67% ownership[91] - The company invested RMB 26 billion in Anhui Paineng Energy Technology Co., Ltd., holding an 86.67% stake, with RMB 78 million already paid in as of December 31, 2023[93] - The 10GWh lithium battery R&D and manufacturing base project has a total investment budget of RMB 500 million, with RMB 84.51 million invested by the end of 2023, representing 16.90% of the total budget[94] - The lithium-ion battery and system production base project has been completed with a total investment of RMB 103.19 million, achieving 68.79% of the RMB 150 million budget[94] - The company's financial assets measured at fair value totaled RMB 2.10 billion at the end of 2023, with a fair value change gain of RMB 29.03 million during the year[96] - Jiangsu Zhongxing Paineng Battery Co., Ltd., a wholly-owned subsidiary, reported revenue of RMB 1.70 billion and net profit of RMB 17.49 million in 2023[101] - Huangshi Zhongxing Paineng Energy Technology Co., Ltd., another wholly-owned subsidiary, achieved revenue of RMB 294.79 million and net profit of RMB 18.12 million in 2023[101] - Jiangsu Paineng Energy Technology Co., Ltd., a wholly-owned subsidiary, generated revenue of RMB 1.60 billion and net profit of RMB 23.53 million in 2023[101] - Shanghai Paineng New Energy Technology Co., Ltd., a wholly-owned subsidiary, reported a loss of RMB 18.96 million on revenue of RMB 438,800 in 2023[101] - Anhui Paineng Energy Technology Co., Ltd., a subsidiary with 86.67% ownership, has a registered capital of RMB 3 billion, focusing on battery manufacturing and energy storage services[100] - The company's total investment in major projects reached RMB 739.89 million, with RMB 220.60 million already invested by the end of 2023[94] - Revenue for 2023 reached 178,735.77 million yuan, with a net profit of 2,125.50 million yuan[103] Energy Storage Market and Products - Sales of commercial and industrial energy storage products increased by 58% year-on-year in 2023[19] - The company plans to standardize and integrate commercial and industrial energy storage products in 2024 to improve delivery capabilities and customer satisfaction[19] - The company's sodium-ion battery products have obtained certification from TÜV Rheinland and have reached testing intentions with multiple customers[27] - The company launched the Force-H3 home storage series with a DC-side density of 189.6 kWh/m², a system cycle life exceeding 8000 cycles, and a maximum rate of 1C[28] - The Powercube-M5 industrial and commercial storage product has a DC-side energy density of 335 kWh/m²[28] - The company completed the construction and production of the first phase of the 10GWh lithium battery R&D and manufacturing base project[28] - The company's 1GWh sodium-ion battery project in Yizheng Economic Development Zone has been completed and put into production[28] - The company's energy storage battery systems support a wide voltage range from 5V to 1,500V, compatible with global mainstream energy storage inverters[30] - The company's energy storage battery systems have a lifespan of 10 to 15 years, with modular designs that allow for dynamic parallel or series expansion[31] - The company's energy storage battery systems for industrial and grid-level applications can reach a system voltage of up to 1,500V, with a single cluster storage capacity of 300KWh and a total storage capacity of up to 5.5MWh[31] - The company's energy storage battery systems for communication base stations support a wide temperature range from 0°C to 60°C and have an IP66 protection rating[31] - The company's energy storage battery systems for mobile applications support multiple charging methods, including photovoltaic, mains, and car charging, with a maximum capacity of 1kWh[31] - The company's lithium iron phosphate (LFP) cells have a cycle life of over 10,000 cycles, with high energy density, strong temperature adaptability, and excellent safety and reliability[31] - The company's aluminum shell LFP cells have a cycle life of over 12,000 cycles, with high energy density, low cost, and excellent safety and reliability[31] - The company's large-capacity aluminum shell sodium-ion cells have long cycle life, high energy efficiency, low temperature rise, excellent rate performance, and low cost[31] - The company's power-type LFP cells have excellent rate performance, strong temperature adaptability, and high safety and reliability[31] - The company's sales strategy focuses on developing and maintaining large, high-quality customers in key market regions, with a priority on meeting the needs of major clients in the domestic market[32] - Global energy storage market is expected to reach 110GW/372GWh in new installations by 2030, with lithium-ion battery storage accounting for 38.8% of China's cumulative installed capacity in 2023, up from 11.2% in 2021[34] - Europe, the Americas, and the Asia-Pacific region centered on China are the main growth areas for the global energy storage market, with China focusing on grid-side storage and Europe on user-side storage[34] - The company is a leading provider of lithium battery energy storage systems, with a strong brand reputation and market competitiveness in the global electrochemical energy storage market[35] - The company received multiple awards and certifications in 2023, including being ranked in the "2023 Hurun China Energy Private Enterprises TOP100" and recognized as a "Top Energy Storage Brand" in Europe by EuPDResearch[36] - The company's subsidiary, Yangzhou Pylon, was awarded the "National Green Factory" and "Jiangsu Province Excellent Enterprise" titles, and won the first prize of the Science and Technology Invention Award from the China Petroleum and Chemical Industry Federation[36] - The company has mastered core technologies across the entire industry chain, including lithium iron phosphate cells, modules, battery management systems, and energy storage system integration, with products validated by global customers for over 10 years[38] - The company's energy storage battery systems, based on lithium iron phosphate batteries, offer higher safety, longer cycle life, and lower overall costs compared to ternary lithium batteries, meeting the core demands of electrochemical energy storage applications[38] - The company's products have been widely used in power generation, transmission, distribution, and consumption, as well as in communication base stations and data centers[35] - The company's energy storage systems have been recognized for their high safety, long cycle life, and low comprehensive cost, aligning with the core requirements of electrochemical energy storage applications[38] - The company's subsidiary, Yangzhou Pylon, was involved in a national-level project for low-cost, high-performance sodium-ion cells and electrolyte salts, highlighting its innovation in energy storage technology[36] - The company's long-life battery cycle life reached 15,000 cycles in 2023, with a service life extended to 20 years[39] - The new generation energy storage system has a volume energy density of 140Wh/L, a maximum output rate of 2C, and a cycle life of over 10,000 cycles at 100% DoD[39] - The company added 191 new patents in 2023, including 12 invention patents, 162 utility model patents, and 17 design patents[41] - Total R&D investment in 2023 was RMB 385.35 million, accounting for 11.68% of operating revenue, an increase of 5.33 percentage points year-on-year[43] - The UPS application power-type lithium iron phosphate energy storage battery project has a total investment of RMB 12 million, with RMB 5.62 million invested in the current period[44] - The new negative electrode material development project aims to achieve a long calendar life and ultra-long cycle life with a total investment of RMB 7.5 million[45] - The lithium supplementation technology development project aims to increase battery energy density by 5% and cycle life to 15,000 cycles with a total investment of RMB 10 million[45] - The soft-pack energy storage product performance optimization project aims to achieve a cycle life of 6,000 cycles and an energy density of ≥175Wh/kg with a total investment of RMB 20 million[45] - The long-life, high-energy, high-safety energy storage battery system development project aims to achieve a cycle life of 12,000 cycles without lithium supplementation and 15,000 cycles with lithium supplementation with a total investment of RMB 15 million[45] - The company has invested a total of 19,561.15 million RMB in R&D projects, with a cumulative investment of 5,653.01 million RMB in the 1500V liquid-cooled high-voltage lithium battery energy storage system, which is currently in the testing phase[46][47] - The portable lithium battery energy storage system has received an investment of 641.91 million RMB and is in the testing phase, featuring pure sine wave inverter technology and high safety[46] - The MW-level energy storage four-level control management system has received an investment of 1,134.48 million RMB and is in the development phase, supporting cloud platform digital management and safety early warning[47] - The company's R&D team has expanded to 793 people, a 34.41% increase from the previous year, with master's degree holders increasing by 119.09% to 229 people[50] - The company's R&D personnel accounted for 39.97% of the total workforce, with an average salary of 25.84 thousand RMB[50] - The low-temperature outdoor home energy storage system has received an investment of 775.13 million RMB and is in the project initiation phase, aiming to solve the safety hazards of lithium battery charging in low temperatures[48] - The 2KWh mobile energy storage system has received an investment of 674.53 million RMB and is in the development phase, supporting multi-module expansion and suitable for high-cold and low-temperature scenarios[48] - The industrial and commercial energy storage cloud platform software project has received an investment of 782.31 million RMB and is in the development phase, supporting remote scheduling, data monitoring, and fault diagnosis analysis[49] - The company's R&D projects aim to achieve significant technological advancements, such as increasing energy density by 12% and cycle life by 30% for the new generation high-energy long-life aluminum shell battery[46] - The company's R&D projects are focused on various applications, including power energy storage, industrial and commercial energy storage, and mobile energy storage, with several projects achieving industry-leading technological levels[46][47][48] - The company's R&D expenses for 2023 were RMB 385.3464 million, accounting for 11.68% of the annual revenue[51] - The company owns 47 invention patents, 341 utility model patents, 32 software copyrights, and 11 integrated circuit layout designs as of December 31, 2023[51] - The company has 793 R&D personnel, with key R&D personnel having over 10 years of experience in the lithium battery and energy storage system fields[51] - The company's net profit attributable to shareholders in 2023 was RMB 515.6375 million, a decrease of 59.49% year-on-year[53] - The company's sales expenses increased by 23.51% year-on-year in 2023 due to the internationalization process and the construction of localized sales service systems overseas[53] - The company's products have passed major international safety certifications, including IEC, CE, VDE, UL, CEC, JIS, and UN38.3[51] - The company launched a 200KWh commercial and industrial energy storage integrated cabinet product based on square aluminum shell cells in 2023, achieving large-scale shipments in multiple domestic regions[52] - The company has established long-term stable partnerships with major international clients, including Segen, Krannich, and Energy[52] - The company's sodium-ion battery products have passed certifications from TÜV Rheinland, UL, and IEC, and have obtained UN38.3 international transportation certifications[51] - The company received 13 awards and certifications in 2023, including being named a "Top 100 Chinese Energy Private Enterprises" by Hurun China[52] - The company's overseas sales accounted for

（二）独立董事个人工作履历、专业背景以及兼职情况 上海派能能源科技股份有限公司 2023 年度独立董事述职报告 本人作为上海派能能源科技股份有限公司（以下简称"公司"）的独立董事， 在 2023 年度的工作中，严格按照《中华人民共和国公司法》（以下简称《公司 法》）、《上市公司独立董事管理办法》及《上海派能能源科技股份有限公司章 程》（以下简称《公司章程》）、《上海派能能源科技股份有限公司独立董事工 作制度》（以下简称《独立董事工作制度》）等法律、法规、规范性文件的相关 规定和要求，勤勉、尽责、忠实履行独立董事职责，积极出席相关会议，认真审 议董事会及下设专门委员会各项议案，对公司相关事项发表独立意见，促进了董 事会规范运作和公司治理水平提升，切实维护了公司和全体股东尤其是中小股东 的利益。现将本人 2023 年度独立董事履职情况汇报如下： 一、独立董事的基本情况 （一）独立董事人员情况 公司董事会由 8 名董事组成，其中独立董事 3 人，占董事会人数三分之一以 上，符合相关法律法规及公司制度的规定。 葛洪义先生，1960 年出生，中国国籍，无境外永久居留权，1984 年毕业于 西北政法学院法学专业，本科学历 ...