我们同意《关于放弃红星电子增资优先认购权暨关联交易的议案》，并同意 将该议案提交公司董事会审议。 以下无正文，接独立董事签字页） 1 （本页无正文，为《贵州振华新材料股份有限公司独立董事关于公司第六届董事 会第十次会议有关事项的独立意见》签署页) 贵州振华新材料股份有限公司 独立董事关于 公司第六届董事会第十次会议有关事项的独立意见 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》（以下简称"《证券法》"）等法律、法规及规范性文件，《贵州 振华新材料股份有限公司章程》（以下简称"《公司章程》"）《贵州振华新材 料股份有限公司独立董事工作制度》等公司制度文件的相关规定，我们作为贵州 振华新材料股份有限公司(以下简称"公司")独立董事，本着对全体股东和公司 负责的原则，对公司第六届董事会第十次会议有关审议事项进行了认真审查，并 发表如下独立意见： 1. 《关于放弃红星电子增资优先认购权暨关联交易的议案》 经核查，我们认为：公司放弃对参股公司红星电子的增资优先认购权是基于 自身发展定位和整体发展战略规划而做出的审慎决策，符合公司长期发展战略规 划。同时，本次放弃增资优先认购权涉及到关 ...

中信建投证券股份有限公司 关于贵州振华新材料股份有限公司 二、关联人基本情况 （一）关联关系说明 红星电子系公司参股公司，截至本公告披露日，公司持有其 34%股权。公司 副总经理、董事会秘书王敬、总会计师刘进担任红星电子董事。 放弃参股公司增资优先认购权暨关联交易的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"、"保荐机构"） 作为贵州振华新材料股份有限公司（以下简称"振华新材"、"公司"）首次公 开发行股票并在科创板上市的保荐机构，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》等相关规定，对振华新材放弃参股公司 增资优先认购权暨关联交易事项进行了审慎核查，核查情况如下： 一、关联交易概述 贵州红星电子材料有限公司（以下简称"红星电子"）系振华新材参股公司， 红星电子拟实施增资，振华新材基于长期发展战略规划，同意红星电子本次增资 事项，并放弃本次对红星电子同比例增资优先认购权。 本次增资完成后，红星电子注册资本将由 6,850 万元增加至 15,000 万元，公 司持有红星电子的股权比例将由 34%下降至 15.53%。根据上海证券交易所《科 创板股票上市规则（202 ...

证券代码：688707 证券简称：振华新材 公告编号：2023-029 贵州振华新材料股份有限公司 关于放弃参股公司增资优先认购权暨关联交易的公告 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： 交易简要内容：贵州振华新材料股份有限公司（以下简称"振华新材" "公司"）的参股公司贵州红星电子材料有限公司（以下简称"红星电子"）拟 实施增资，红星电子现有注册资本为 6,850 万元，计划新增资本 8,150 万元，增 资完成后红星电子注册资本为 15,000 万元。公司同意红星电子本次增资事项， 并放弃对红星电子同比例增资优先认购权。 本次放弃对参股公司的增资优先认购权，构成关联交易。本次增资完成 后，公司持有红星电子的的股权比例将从现有的 34%下降至 15.53%。 本次交易未构成重大资产重组 过去 12 个月内公司与红星电子之间发生的关联交易均为日常关联交易， 2022 年 8 月至 2023 年 7 月实际发生关联交易金额为人民币 3.76 亿元，未超出 年度股东大会审议通过的预计金额。 一、关联交易 ...

证券代码：688707 证券简称：振华新材 公告编号：2023-031 贵州振华新材料股份有限公司 第六届董事会第十次会议决议公告 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、准确性和完整性承担个别及连带责任。 一、董事会会议召开情况 贵州振华新材料股份有限公司（以下简称"公司"）于 2023 年 8 月 9 日以 通讯方式发出第六届董事会第十次会议通知，该次董事会于 2023 年 8 月 14 日下 午以现场和通讯相结合方式召开。会议由董事长侯乔坤先生召集和主持，会议应 出席董事 7 人，实际出席董事 7 人。本次会议的召集和召开符合《中华人民共和 国公司法》《上海证券交易所科创板股票上市规则》等相关法律法规、规范性文 件及《贵州振华新材料股份有限公司章程》的有关规定，会议决议合法有效。 二、董事会会议审议情况 与会董事认真审议本次会议相关议案，以书面记名投票表决方式，形成如下 决议： （一）审议并通过《关于放弃红星电子增资优先认购权暨关联交易的议案》 针对该议案，与会董事表决如下： 6 票赞成；0 票反对；0 票弃权。 表决结果：通过。 独立董事已 ...

贵州振华新材料股份有限公司 第六届监事会第九次会议决议公告 本公司监事会及全体监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、准确性和完整性承担个别及连带责任。 一、监事会会议召开情况 贵州振华新材料股份有限公司（以下简称"公司"）于 2023 年 8 月 9 日以 通讯方式发出第六届监事会第九次会议通知，该次监事会于 2023 年 8 月 14 日上 午以现场和通讯相结合方式召开。会议由监事会主席田云女士召集和主持，会议 应出席监事 3 人，实际出席监事 3 人。本次会议的召集和召开符合《中华人民共 和国公司法》《上海证券交易所科创板股票上市规则》等相关法律法规、规范性 文件及《贵州振华新材料股份有限公司章程》的有关规定，会议决议合法有效。 证券代码：688707 证券简称：振华新材 公告编号：2023-030 经与会监事审议，做出如下决议： 审议通过《关于放弃红星电子增资优先认购权暨关联交易的议案》 表决结果：2 票同意；0 票反对；0 票弃权。 本议案涉及关联交易，关联监事潘敏嫦进行了回避表决。 特此公告。 二、监事会会议审议情况 具体详见公司同日在上海证券交易所网站 ...

2023 年第一季度报告 | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------|---------------|--------------| | | 单位：元 | 币种：人民币 | | 项目 | 本期金额 | 说明 | | 非流动资产处置损益 | -2,223,175.29 | | | 计入当期损益的政府补助，但与公司正常经营业务密切相关，符合 国家政策规定、按照一定标准定额或定量持续享受的政府补助除外 | 1,951,256.75 | | | 除上述各项之外的其他营业外收入和支出 | -620,914.35 | | | 减：所得税影响额 | 24,409.83 | | | 少数股东权益影响额（税后） | | | | 合计 | -917,242.72 | | | --- | --- | --- | |------------------------------------------ ...

证券代码：688707 证券简称：振华新材 公告编号：2023-024 贵州振华新材料股份有限公司 关于参加"2022 年度贵州辖区上市公司业绩说明会 暨投资者集体接待日活动"的公告 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、准确性和完整性承担个别及连带责任。 贵州振华新材料股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 日披露了《2022 年年度报告》。为加强上市公司与投资者的交流互动，便于投 资者进一步了解公司 2022 年度经营情况及其他关切问题，公司将参加在贵州证 监局指导下，贵州证券业协会联合深圳市全景网络有限公司举办 2022 年度贵州 辖区上市公司业绩说明会暨投资者集体接待日活动，并征集相关问题，具体安排 如下： 一、业绩说明会的安排 召开时间：2023 年 5 月 17 日 15:30-17:30 召开方式：网络远程方式。 出席本次活动人员有：董事长侯乔坤先生、董事会秘书兼副总经理王敬先生、 总会计师刘进先生。 参与方式：投资者可登录 http://rs.p5w.net 进入专区页面参与交流。 二、投资者问题提前征集 ...

Financial Performance - The net profit attributable to shareholders of the listed company decreased by 79.37% during the reporting period due to a decline in upstream lithium salt market prices[14]. - The net profit attributable to shareholders after deducting non-recurring gains and losses also fell by 78.85%, as downstream customers adjusted their procurement of cathode materials to optimize inventory costs[14]. - Basic earnings per share decreased by 79.37% in the reporting period, reflecting a drop in product sales[14]. - Net profit attributable to shareholders for Q1 2023 was CNY 70,641,478.89, down 79.37% from the previous year[32]. - Basic earnings per share for Q1 2023 was CNY 0.1595, reflecting a decrease of 79.37% year-over-year[32]. - Net profit for the period was 70,641,478.89, compared to 342,439,942.24 in the previous period, indicating a significant decrease[48]. - Basic and diluted earnings per share were both 0.1595, down from 0.7731 in the previous period[48]. - The total comprehensive income attributable to the parent company was 70,641,478.89, a decrease from 342,439,942.24[48]. Assets and Liabilities - The total non-current assets amounted to approximately RMB 3.02 billion, an increase from RMB 2.88 billion in the previous period[22]. - The total assets of the company were approximately RMB 10.20 billion, down from RMB 11.07 billion in the previous period[23]. - The total liabilities decreased to approximately RMB 6.04 billion from RMB 6.98 billion in the previous period[23]. - Total assets at the end of Q1 2023 were CNY 10,200,149,004.30, down 7.87% from CNY 11,071,740,496.25 at the end of the previous year[33]. - The total current assets as of March 31, 2023, are RMB 7,177,479,216.28, down from RMB 8,194,719,827.31 at the end of 2022[41]. - Cash and cash equivalents at the end of Q1 2023 amounted to CNY 856,518,197.42, down from CNY 901,387,716.98 at the end of the previous year[30]. - The company's cash and cash equivalents as of March 31, 2023, amount to RMB 990,542,476.47, a decrease from RMB 1,899,131,035.92 at the end of 2022[41]. - Accounts receivable decreased to RMB 1,209,496,467.84 from RMB 1,566,769,750.87 year-over-year[41]. - Inventory increased to RMB 2,074,752,879.83 from RMB 1,825,297,355.36 year-over-year[41]. - Long-term equity investments increased to RMB 61,653,177.43 from RMB 56,398,788.47 year-over-year[41]. - Fixed assets remained stable at RMB 2,367,065,666.67 compared to RMB 2,367,042,668.20 at the end of 2022[41]. Revenue and Costs - Total operating revenue for Q1 2023 was CNY 2,006,164,565.53, a decrease of 22.21% compared to CNY 2,579,080,055.70 in Q1 2022[25]. - The company reported a total operating cost of CNY 1,891,010,544.53 for Q1 2023, compared to CNY 2,194,293,593.39 in Q1 2022[25]. - Research and development expenses totaled CNY 37,300,068.68, a decrease of 39.05% compared to the previous year[32]. - Net cash flow from operating activities for Q1 2023 was -CNY 777,647,036.07, indicating a significant cash outflow[29]. - The company experienced a net cash outflow from investing activities of -CNY 111,717,116.58 in Q1 2023[30]. Business Development - The company has established comprehensive and deep cooperation with leading domestic cell customers for its sodium-ion battery cathode materials, achieving sales of several tons during the reporting period[17]. - The company has laid out corresponding patents and core technologies for sodium-ion batteries, ensuring independent control for future business development[17]. - The company has cumulatively sold tens of tons of sodium-ion battery cathode materials[38]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,200[36]. - The largest shareholder, China Zhinhua Electronics Group Co., Ltd., holds 125,380,000 shares, accounting for 28.31% of total shares[36]. Other Financial Information - The company reported a government subsidy of RMB 1.95 million, which is closely related to its normal business operations[5]. - The company recorded a loss of RMB 2.22 million from the disposal of non-current assets during the reporting period[5]. - The weighted average return on net assets for Q1 2023 was 1.71%, a decrease of 9.34 percentage points compared to the previous year[32]. - The company has no known related party transactions or concerted actions among the top shareholders[37].

Revenue Growth - In 2022, the company's revenue from ternary cathode materials reached 13.5 billion RMB, accounting for 97% of total revenue, with a year-on-year growth of 158% driven by increased demand for new energy vehicles [20]. - The sales volume of ternary cathode materials increased by 34% year-on-year, benefiting from the rapid growth of the new energy vehicle market, which saw a total sales volume of 6.887 million units in China, a 93.4% increase [20]. - The company achieved an operating revenue of CNY 1,393,559.36 million in 2022, representing a year-on-year increase of 152.69% due to strong demand for cathode materials in the rapidly growing electric vehicle battery market [116]. - The company's total revenue for the current period reached ¥1,393,559.36 million, a 152.69% increase compared to ¥551,490.04 million in the previous year [137]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan, representing a year-over-year growth of 25% [185]. Profitability and Financial Performance - The company's net profit attributable to shareholders increased significantly due to a substantial rise in operating income and optimized product structure [10]. - The company's gross profit margin experienced significant fluctuations due to the lag in matching raw material costs with sales pricing, influenced by volatile raw material market prices [108]. - The gross profit margin for the lithium battery sector was 13.24%, a decrease of 1.32 percentage points compared to the previous year [139]. - The gross profit margin for ternary cathode materials was 13.23%, reflecting a decrease of 1.29 percentage points compared to the previous year [139]. - The company reported a significant increase in long-term borrowings to ¥123,631.51 million, up 113.32% from ¥57,956.51 million, to support expanded operations [123]. Research and Development - The company achieved a total R&D investment of approximately ¥250.95 million in 2022, representing a 67.93% increase compared to ¥149.44 million in the previous year [39]. - Research and development expenses totaled RMB 250.95 million, a year-on-year increase of 67.93%, attributed to the expansion of the R&D team and increased investment in R&D activities [63]. - The company has developed sodium-ion battery cathode materials with superior performance indicators compared to market averages, achieving sales of several tons during the reporting period [61]. - The company has submitted 9 patent applications related to sodium-ion battery cathode materials, forming an initial patent layout to ensure technological independence [86]. - The company has been granted 17 invention patents, including 16 domestic and 1 foreign patent, highlighting its commitment to innovation [38]. Market Position and Competitive Advantage - The company is positioned to benefit from the ongoing growth in the new energy vehicle sector, which is expected to continue expanding in the coming years [20]. - The company has established a strong competitive position in the global power battery market, characterized by a tripartite structure among China, Japan, and South Korea [59]. - The company has established long-term stable partnerships with major domestic battery manufacturers, including CATL and A123, enhancing its market presence [73]. - The company has achieved industrialization of a full series of nickel-cobalt-manganese lithium ternary cathode materials, including medium nickel, medium-high nickel, high nickel, and ultra-high nickel [53]. - High-nickel ternary materials (8 series and above) accounted for over 40% of the shipment structure in China in 2022, indicating a significant market trend towards high-nickel materials [31]. Production and Capacity Utilization - The production capacity utilization rate exceeded 90% in 2022, leading to cost reductions and efficiency improvements [10]. - The company is actively expanding production capacity in the new energy vehicle battery sector, with multiple projects underway including the Yilong Phase III and Shawan Phase I upgrades [193]. - The company has launched high-nickel single crystal products, which are gaining market share due to their cost-effectiveness in high-voltage applications, contributing to an increasing proportion of main business revenue [69]. - The company has achieved over ten tons of shipments in ultra-high nickel single crystal materials, demonstrating superior energy density and high-temperature storage performance compared to competitors [95]. - The company has achieved industrialization of a full range of primary particle large single crystal ternary cathode materials, covering mid-nickel, medium-high nickel, high nickel, and ultra-high nickel [165]. Customer and Supplier Relationships - The top five customers contributed CNY 132.9 billion, which accounted for 95.36% of the annual sales total, highlighting a high customer concentration risk [119]. - The company's top customer contributed ¥1,077,020.02 million in sales, representing 77.29% of total annual sales, indicating a high dependency on major clients [143]. - The top five suppliers accounted for 58.65% of total procurement, with no related party transactions, indicating a stable supply chain [143]. - The company has established comprehensive and in-depth cooperation with leading domestic battery cell customers, with cumulative shipments of sodium-ion battery cathode materials reaching several tons [41]. - The company plans to enhance cooperation with well-known battery clients to penetrate the supply chains of electric vehicles and energy storage systems [152]. Sustainability and Risk Management - The company is actively participating in the recycling industry for used power batteries, aligning with national strategies for sustainable resource development [33]. - The company is focusing on the development of low-cost ternary precursors, sodium-ion battery cathode materials, and other advanced materials to mitigate the risk of technological obsolescence [102]. - The company emphasizes quality management and has obtained ISO/TS16949:2009 certification, ensuring that new product development meets industry standards [97]. - The company aims to integrate sustainable development into its business processes and strategic direction, enhancing its core competitiveness in new materials [169]. - The company emphasizes the importance of risk management in project construction to mitigate potential risks associated with simultaneous project execution [193]. Financial Health and Cash Flow - The company's asset-liability ratio stood at 63.07% at the end of 2022, indicating a relatively high level of financial leverage and associated risks [85]. - The cash flow from operating activities showed a significant recovery in the fourth quarter, reaching 913.62 million RMB [14]. - The net cash flow from operating activities surged to ¥115,671.41 million, a significant increase of 1,107.25% from ¥9,581.38 million in the previous year, driven by expanded production and sales [158]. - The company faces risks related to the volatility of key raw material prices, including lithium, cobalt, and nickel, which could impact profitability and supply chain stability [103]. - The investment cash flow net amount was negative at -¥84,091.90 million, primarily due to increased investments in construction projects [159].

证券代码：688707 证券简称：振华新材 公告编号：2023-010 贵州振华新材料股份有限公司 关于召开 2022 年度暨 2023 年第一季度业绩说明会的公告 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、准确性和完整性承担个别及连带责任。 重要内容提示： 投资者可于 2023 年 4 月 26 日(星期三)至 5 月 5 日(星期五)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 zec@zh-echem.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 贵州振华新材料股份有限公司（以下简称"公司"）将分别于 2023 年 4 月 28 日及 2023 年 4 月 29 日发布公司 2022 年年度报告及 2023 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2022年年度及2023年第一季度经营成 果、财务状况，公司计划于 2023 年 5 月 8 日上午 09:00-10:00 举行 2022 年度暨 2023 年第一季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次 ...