| 证券代码：688388 | 证券简称：嘉元科技 | 公告编号：2026-008 | | --- | --- | --- | | 转债代码：118000 | 转债简称：嘉元转债 | | 广东嘉元科技股份有限公司 关于召开2026年第一次临时股东会的通知 本公司董事会及全体董事保证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： 一、 召开会议的基本情况 （一） 股东会类型和届次 2026年第一次临时股东会 （二） 股东会召集人：董事会 （三） 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 （四） 现场会议召开的日期、时间和地点 召开日期时间：2026 年 2 月 27 日 14 点 45 分 召开地点：广东省梅州市梅县区雁洋镇文社村广东嘉元科技股份有限公司办 公楼一楼会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2026 年 2 月 27 日 至2026 年 2 月 27 日 股东会召开日期：2026年2月27日 本次股东会采用的网络 ...

一、关于公司第六届董事会非独立董事候选人的审核意见 广东嘉元科技股份有限公司 董事会提名委员会关于第六届董事会董事候选人任职资格 的核查意见 根据《中华人民共和国公司法》(以下简称"《公司法》")《中华人民共 和国证券法》《上市公司独立董事管理办法》《上海证券交易所科创板上市公司 自律监管指引第 1 号-- 规范运作》等相关法律、法规、规范性文件及《广东嘉元, 科技股份有限公司章程》(以下简称"《公司章程》")的规定,广东嘉元科技 股份有限公司（以下简称"公司"）第五届董事会提名委员会对拟提交董事会审 议的第六届董事会董事候选人的任职资格进行了审核并发表审核意见如下: in the subject of （本页为《广东嘉元科技股份有限公司董事会提名委员会关于第六届董事会董事 候选人任职资格的核查意见》签署页 ) 经对非独立董事候选人廖平元先生、杨剑文先生、李建国先生、潘文俊先生、 叶成林先生提交的任职资料进行审查,我们认为:前述候选人具有较高的专业知 识和丰富的工作经验,具备担任公司董事的资格和能力,符合《公司法》等相关 法律法规和规定要求的任职条件,不存在《公司法》等有关法律法规和《公司章 程》等内部管理制 ...

Core Viewpoint - The company, Jia Yuan Technology (688388.SH), announced the issuance of convertible bonds on February 23, 2021, with interest payments starting on February 24, 2026 [1] Group 1 - The company will pay interest on the convertible bonds for the fifth year, covering the period from February 23, 2025, to February 22, 2026 [1] - The annual coupon rate for this interest payment is set at 2.5% (tax included), meaning each bond with a face value of 1,000 RMB will yield an interest amount of 25 RMB (tax included) [1]

Group 1 - The Ministry of Industry and Information Technology has approved solid-state battery testing, with industrialization expected to occur soon, targeting an energy density of over 400Wh/kg by 2026-2027, focusing on electrolyte and negative electrode collector materials [1] - Solid-state batteries are anticipated to see a bidding catalyst in 2025, with high certainty in equipment and significant flexibility in materials, offering a unit value five times that of liquid batteries [1] - JinkoSolar may collaborate with SpaceX to resolve TOPCon patent issues within the equipment chain, with auxiliary materials and flexibility being maximized, and the semiconductor and copper paste business valued at 80 billion [1] Group 2 - As of February 9, 09:43, the Kexin New Energy ETF (588830.SH) rose by 3.97%, with its related index Kexin New Energy (000692.SH) increasing by 3.89%; major constituent stocks included JinkoSolar up 10.44%, Juhua Materials up 20.00%, Rongbai Technology up 9.61%, Trina Solar up 4.15%, and Aotewi up 3.06% [1] - Guosen Securities highlights the promising prospects of space photovoltaics in the new energy power equipment sector, with global tech giants continuously expanding AI capital expenditures, leading to "outperform" ratings for certain storage equipment sector stocks [1] - Great Wall Securities believes that solid-state battery technology is entering a golden development period, with a combination of cold isostatic pressing and warm isostatic pressing processes offering efficiency and cost advantages in large-scale production, driving technological innovation in the equipment sector [1]

在新能源与数字经济两大浪潮的交汇点，嘉元科技(688388.SH)正以 "巩固主业优势 + 拓展新兴赛道" 的 双轮驱动战略，演绎传统龙头的 "老树发新芽"。公司不仅稳居锂电铜箔行业第一梯队，更通过布局固 态电池负极与光模块领域，构建起第二增长曲线，业绩与估值的双重修复已然开启。 技术层面，嘉元科技依托铜箔加工的工艺积累，实现了锂金属负极产品的快速突破。针对不同电解质路 线，公司开发出差异化产品，氧化物路线产品已小批量交付，硫化物路线产品送样核心客户并获高度评 价。工艺端，公司并行推进蒸镀法、溅射法与压延法，其中压延法工艺的规模化应用，将成为降本增效 的关键抓手。 成本与性能的双重优势，让嘉元科技在竞争中脱颖而出。公司通过国产替代与工艺优化，将综合成本降 至行业平均水平以下 15%;产品厚度均一性、大幅宽等核心指标远超客户要求，循环性能得到下游验 证。随着 2026 年固态电池产业化拐点临近，公司新业务有望进入放量期。 跨界布局光模块赛道，分享 AI 算力红利 除了固态电池领域，嘉元科技积极切入光模块赛道，分享人工智能发展带来的算力红利。2025 年下半 年，公司斥资 5 亿元获得武汉恩达通科技有限公司 13 ...

Group 1 - The core viewpoint of the article highlights the performance of the Kexin New Energy ETF (588830), which opened down by 3.04% at 1.689 yuan on February 5 [1] - Major holdings in the Kexin New Energy ETF experienced significant declines, with JinkoSolar down 7.14%, Canadian Solar down 2.76%, and Trina Solar down 4.03% [1] - The ETF's performance benchmark is the Shanghai Stock Exchange Sci-Tech Innovation Board New Energy Index, managed by Penghua Fund Management Co., with a return of 73.85% since its establishment on July 31, 2024, and an 18.90% return over the past month [1] Group 2 - Other notable stock performances within the ETF include Rongbai Technology up 0.10%, Daqo New Energy down 1.90%, Xiamen Tungsten down 1.02%, and Gotion High-Tech down 0.90% [1] - The article emphasizes the volatility in the new energy sector, as indicated by the mixed performance of the ETF's holdings [1]

Summary of Conference Call Company and Industry - **Company**: 嘉元科技 (Jia Yuan Technology) - **Industry**: Lithium metal anodes and copper foil production Key Points and Arguments 1. **Performance Forecast**: Jia Yuan Technology expects a revenue of 95 to 97.5 million with a profit of 50 to 65 million, achieving its annual target of 90 to 100 thousand tons of copper production [4][5][6] 2. **Profit Increase**: The company reported an increase in profit of over 10 million compared to the third quarter, despite provisions for bad debts due to rising copper prices and a significant impairment loss from a failed investment [4][5][6] 3. **Price Stability**: In 2025, the company maintained stable prices for its products, with no significant increases expected in Q1 and Q2, although a price increase is anticipated in Q2 [8][9] 4. **Product Mix Improvement**: The proportion of high-strength products has increased to over 50%, contributing positively to overall pricing and profit margins [10][11] 5. **Production Capacity**: By the end of 2025, the company aims to achieve a production capacity of 135,000 tons, with potential for an additional 35,000 tons from ongoing expansions [17][18] 6. **Lithium Metal Anode Development**: The company is transitioning from copper foil production to lithium metal anode production, which is seen as a critical future growth area [24][25] 7. **Market Demand**: The demand for lithium metal anodes is expected to grow, with initial small-scale deliveries already being made to major clients [26][30] 8. **Pricing Strategy**: The pricing for lithium metal anodes is expected to be significantly higher than copper foil, with potential margins being several times greater [34][39] 9. **AI Business Growth**: The AI segment is projected to double its revenue in 2025 compared to 2024, with a target profit margin of around 20% [42][43] 10. **Customer Base Expansion**: The company is focusing on increasing its overseas customer base, particularly in Europe, with expectations of significant growth in sales volume [46][49] Other Important but Possibly Overlooked Content 1. **Impairment Losses**: The company faced significant impairment losses due to a failed investment in a hydrogen cutting tool company, impacting quarterly profits [5][6] 2. **Technological Development**: The company is exploring various production methods for lithium metal anodes, including internal development and partnerships with external teams [27][31] 3. **Quality Control**: Customer feedback emphasizes the importance of thickness uniformity and surface quality for lithium metal anodes, which are critical for meeting client specifications [41] 4. **Future Outlook**: The company aims to achieve a production target of 100 tons for lithium metal anodes in the near term, with a long-term goal of expanding capacity significantly [42][56] 5. **Competitive Landscape**: The company expresses confidence in its competitive position, anticipating that it could become a market leader with the successful implementation of its growth strategies [68]

Summary of Conference Call Notes Company Overview - **Company**: 嘉元科技 (Jia Yuan Technology) - **Stock Code**: 688388 - **Industry**: Lithium Battery Copper Foil and Optical Modules Key Points Financial Performance - **2025 Revenue Forecast**: Expected to be between 9.5 billion to 9.75 billion CNY, representing a year-on-year increase of 45.65% to 49.49% [1] - **Net Profit**: Projected net profit for 2025 is between 50 million to 65 million CNY, marking a return to profitability compared to the previous year [1] - **Q4 2025 Performance**: Anticipated net profit of 17 million CNY, a year-on-year turnaround and a quarter-on-quarter increase of 303% [1] - **Q4 2025 Shipment Volume**: Expected to reach 28,300 tons, a year-on-year increase of 29% and a quarter-on-quarter increase of 5% [1] Production Capacity and Expansion - **End of 2025 Capacity**: Estimated production capacity of approximately 140,000 tons [1] - **2026 Expansion Plans**: Planned capacity increase of 35,000 tons, with a total expected shipment of 170,000 tons in 2026 (15,000 tons domestic and 2,000 tons overseas) [1] Industry Dynamics - **Profit Margins**: Anticipated increase in profit per ton due to improved capacity utilization, yield rates, and upgraded order structures [2] - **Market Conditions**: The lithium battery copper foil industry is expected to experience a tightening market, leading to potential increases in processing fees [2] - **Product Development**: Company has developed various copper foil solutions, including high specific surface area copper foil and double-sided nickel-plated copper foil, with successful testing by leading companies [2] Future Outlook - **2026 Profit Forecast**: Expected profit of 6.5 billion CNY, not accounting for price increases; a 1,000 CNY increase in domestic processing fees could enhance profits by 1.5 billion CNY [2] - **Optical Module Business**: Progress in the optical module sector is promising, with potential for significant performance elasticity in the future [2] - **Investment Recommendation**: Given the upward recovery in the copper foil industry, leading advancements in solid-state copper foil, and the low implied market value of optical modules, the company is recommended for investment [2]

对于业绩变动原因，嘉元科技表示，2025年公司紧密围绕年度经营目标，深耕铜箔主业，通过质量提 升、研发创新和降本增效等措施推动业绩改善。一方面，下游市场需求回暖带动铜箔产品产销量显著增 长；另一方面，公司优化产品结构，提升高附加值产品占比，推动平均加工费上涨，同时产能利用率提 升及成本优化共同驱动毛利率上升。(王珞) 1月28日，嘉元科技(688388)发布2025年年度业绩预告称，公司预计2025年实现营业收入95亿元至97.5亿 元，同比增长45.65%至49.49%；归属于母公司所有者的净利润为5000万元至6500万元，上年同期 为-2.39亿元，实现扭亏为盈；归属于母公司所有者的扣除非经常性损益后的净利润预计为800万元至 1200万元，上年同期为-2.84亿元。 ...

公司业绩回暖的背后，是主营产品产销量提升与市场环境改善的共同作用。公告指出，报告期内公司销 售订单同比增加，产能利用率同比上升，除原材料外的单位生产成本有所降低。 市场环境的改善为业绩回暖提供了坚实基础。依据中国汽车动力电池产业创新联盟的数据，1-10月，国 内动力电池累计装车量达578.0GWh，累计同比增长42.4%。同时国内新型储能装机规模更是加速放量， 根据国家能源局的数据，截至2025年9月底，我国新型储能装机规模超过1亿千瓦，其中锂离子电池储能 占据主导地位，装机超过9800万千瓦，占比96.1%。头部电池企业订单饱满，排产计划已至长期。 下游需求量大幅增加，产品毛利率较去年同期的明显提升，共同推动了盈利能力的修复。 产品结构优化，高端化战略成效显现 近日，广东嘉元科技股份有限公司发布了2025年年度业绩预告，预计全年实现营业收入95亿元至97.5亿 元，同比增长45.65%至49.49%；实现归属于母公司所有者的净利润5000万元至6500万元，成功实现扭 亏为盈。这一业绩拐点标志着公司在经历行业周期性波动后，正依托技术升级与产品结构优化重拾增长 动能。 作为国内高性能电解铜箔领域的领军企业，嘉 ...