证券代码：688707 证券简称：振华新材 编号：2022-004 贵州振华新材料股份有限公司 投资者关系活动记录表 | --- | --- | --- | |------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：688707 证券简称：振华新材 编号：2022-003 贵州振华新材料股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-------------------|---------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | 特定对象调研 | 分析师会议 | | 投资者关系 | □媒体采访 | □业绩说明会 | | 活动类别 | □新闻发布会 □路演活动 | | | | 现场参观 | □一对一沟通 | | | □券商策略会 □其他 | | | 参与单位及 人员 | 国泰君安：石岩、牟俊宇、庞钧文 林浩祥 | 富国基金：邬华宇、王泉涌、徐智翔、杨栋、吴畏、祝帧哲、肖威兵、孟浩之、 孙彬、孙萌、孙权、王佳晨、毕天宇、崔宇、顾飞飞、厉叶淼、侯梧、朱少醒、 ...

证券代码：688707 证券简称：振华新材 编号：2022-005 贵州振华新材料股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------|--------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

2022 年第三季度报告 证券代码：688707 证券简称：振华新材 贵州振华新材料股份有限公司 2022 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 | --- | --- | --- | --- | --- | --- | |------------------------------------------------|------------------|--------------------------------------|--------|------------------|----------------------------------------- ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 500 million CNY for the first half of 2022, representing a 25% year-over-year growth[2]. - The company's operating revenue for the first half of 2022 reached 544,017.66 million RMB, a year-on-year increase of 161.09% compared to 208,365.16 million RMB in the same period last year[27]. - The net profit attributable to shareholders for the first half of 2022 was 66,606.02 million RMB, representing a significant year-on-year growth of 340.92% from 15,106.09 million RMB[27]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 65,617.88 million RMB, up 347.04% year-on-year from 14,678.25 million RMB[27]. - The net cash flow from operating activities increased by 825.89% year-on-year, amounting to 15,232.73 million RMB compared to 1,645.20 million RMB in the previous year[27][30]. - The gross profit margin improved to 35%, up from 30% in the same period last year[2]. Market Expansion and Product Development - User data indicates a growing customer base, with an increase of 15% in active users compared to the previous year, reaching 1.2 million users[2]. - The company has provided a positive outlook for the second half of 2022, projecting a revenue growth of 20% based on current market trends and demand[2]. - New product development includes the launch of a next-generation lithium-ion battery, expected to enhance energy density by 30%[2]. - The company is expanding its market presence, with plans to enter two new international markets by the end of 2022[2]. - A strategic acquisition of a smaller competitor is in progress, which is anticipated to increase market share by 10%[2]. Research and Development - The company has allocated 50 million CNY for research and development in new technologies for battery materials[2]. - The company's R&D investment accounted for 2.53% of operating revenue, up from 2.12% in the previous year, indicating a 0.41 percentage point increase[27]. - The company achieved a total R&D investment of ¥137,828,493.32, representing a significant increase of 212.2% compared to ¥44,147,890.84 in the same period last year[49]. - The number of R&D personnel increased to 276, representing 14.22% of the total workforce, compared to 217 and 12.22% respectively in the previous year[56]. - The company has established an annual production line capacity of 50,000 tons for lithium-ion battery cathode materials, which can also be adjusted to produce sodium-ion battery cathode materials[35]. - The company has achieved substantial breakthroughs in the research and development of sodium-ion battery cathode materials, with initial small-batch shipments to customers[35]. Environmental and Sustainability Initiatives - Future guidance includes maintaining a focus on sustainability and reducing carbon emissions by 15% over the next three years[2]. - The company has established wastewater treatment systems and other pollution control facilities, maintaining compliance with environmental standards during the reporting period[104]. - The company achieved a 20% reduction in carbon dioxide emissions per unit compared to the baseline year, with a renewable energy usage rate of 60% and a recycled material usage rate of 20%[113]. - The company has implemented stricter internal wastewater control standards, ensuring compliance with legal discharge requirements for wastewater, waste gas, and noise[112]. - The company is actively working on carbon reduction initiatives, including the establishment of a zero-carbon factory and promoting upstream suppliers to improve their carbon emission systems[113]. Financial Management and Shareholder Relations - The company commits to actively promote the construction of fundraising investment projects to achieve expected benefits as soon as possible[10]. - The company will strictly implement the cash dividend policy to provide reasonable returns to investors[10]. - The controlling shareholder expresses confidence in the company's future and intends to maintain a stable shareholding position[127]. - The company will not transfer or manage shares held before the IPO for 12 months post-listing[126]. - The company has established a comprehensive financial cooperation agreement with China Electronics Financial Co., with a credit limit of RMB 2 billion, effective for three years[174]. Risks and Challenges - The company has identified potential risks related to supply chain disruptions, which could impact production capacity[2]. - The company faces risks related to raw material price fluctuations, particularly for lithium resources, which have been in high demand since 2021[68]. - Accounts receivable amounted to ¥274,615.13 million, accounting for 35.20% of total assets, raising concerns about potential bad debt risks[74]. - Inventory value stood at ¥142,766.91 million, representing 18.30% of total assets, which poses a risk of inventory write-downs if market conditions worsen[75]. Corporate Governance - The company has no significant litigation or arbitration matters during the reporting period[166]. - There are no significant non-operating fund occupations by controlling shareholders or other related parties[166]. - The company has no major related party transactions that have not been disclosed in temporary announcements[169]. - The company has received no penalties or corrective actions related to violations of laws and regulations during the reporting period[166].

证券代码：688707 证券简称：振华新材 公告编号：2022-019 贵州振华新材料股份有限公司 关于参加"2021 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。 为促进上市公司规范运作、健康发展，增强上市公司信息透明度，加强与广 大投资者沟通交流，进一步提升投资者关系管理水平，贵州证监局、贵州证券业 协会联合深圳市全景网络有限公司，将于 2022 年 5 月 13 日 09:30-11:30 在"全 景路演"（http://rs.p5w.net）举办"2021 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"。 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、 董事会办公室主任夏荧营女士。 为充分尊重投资者、提升交流的针对性，现就公司本次活动提前向投资者公 开征集问题，广泛听取投资者的意见和建议。投资者可即日起访问 https://ir. p5w.net/zj/ ，进入问题征集专题页面提交问题。公司将对投资者普遍关注的问 题 ...

Financial Performance - The company's operating revenue for Q1 2022 was ¥2,579,080,055.70, representing a year-on-year increase of 161.40%[6] - Net profit attributable to shareholders was ¥342,439,942.24, up 345.35% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥338,339,320.72, reflecting a 352.29% increase year-on-year[6] - Basic earnings per share increased to ¥0.77, a rise of 234.78% year-on-year[6] - Total operating revenue for Q1 2022 reached ¥2,579,080,055.70, a significant increase of 161.5% compared to ¥986,638,550.27 in Q1 2021[38] - Net profit for Q1 2022 was ¥342,439,942.24, compared to ¥76,892,284.21 in Q1 2021, representing a growth of 345.5%[41] - The company's comprehensive income for Q1 2022 totaled ¥342,439,942.24, compared to ¥76,892,284.21 in Q1 2021, reflecting a substantial increase[41] Cash Flow and Liquidity - The company's cash flow from operating activities was negative at -¥91,760,183.04, a decline of 312.45% compared to the previous year[6] - Cash inflow from operating activities totaled CNY 668,592,792.21 in Q1 2022, up from CNY 375,570,523.20 in Q1 2021, indicating strong operational performance[43] - Net cash outflow from operating activities was CNY -91,760,183.04 in Q1 2022, a decline from a net inflow of CNY 43,192,364.73 in Q1 2021[43] - The ending cash and cash equivalents balance for Q1 2022 was CNY 901,387,716.98, down from CNY 1,420,337,872.19 at the beginning of the period[45] - The company reported a significant increase in cash received from sales, totaling CNY 660,985,701.69 in Q1 2022, compared to CNY 373,873,212.63 in Q1 2021[43] - Total cash outflow for operating activities was CNY 760,352,975.25 in Q1 2022, compared to CNY 332,378,158.47 in Q1 2021, indicating increased operational costs[43] Research and Development - R&D investment totaled ¥61,193,756.50, marking a 162.67% increase from the previous year, accounting for 2.37% of operating revenue[9] - Research and development expenses for Q1 2022 were ¥61,193,756.50, significantly higher than ¥23,297,159.24 in Q1 2021, indicating an increase of 162.5%[38] - The company plans to continue investing in R&D to enhance product competitiveness and maintain market position[18] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥7,230,920,086.52, an increase of 4.01% from the end of the previous year[9] - Total assets have increased to approximately RMB 7.23 billion from RMB 6.95 billion year-over-year[31] - The company's total liabilities decreased from ¥4,024,766,925.68 to ¥3,961,060,954.27, a reduction of approximately 1.6%[34] - The total equity attributable to shareholders increased from ¥2,927,419,190.01 to ¥3,269,859,132.25, marking a growth of 11.7%[34] - Accounts receivable increased to approximately RMB 1.33 billion, up from RMB 964.67 million in the previous year[28] - Inventory as of March 31, 2022, is approximately RMB 1.77 billion, compared to RMB 1.52 billion at the end of 2021, indicating growth in stock levels[28] - The company reported an increase in accounts payable to approximately RMB 1.08 billion, up from RMB 1.28 billion[31] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,440[20] - The largest shareholder, China Zhinhua Electronics Group Co., Ltd., holds 125,380,000 shares, accounting for 28.31% of the total shares[20] Market and Growth Strategy - The significant increase in revenue was driven by the growing demand in the new energy vehicle battery market and rising raw material prices, with high-nickel NCM material sales reaching ¥728 million, up 271% year-on-year[14] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[41] - The company has not disclosed any new product developments or market expansion strategies in the current report[30]

Financial Performance - The company plans to distribute a cash dividend of 2.5 CNY per 10 shares, totaling approximately 110.73 million CNY, which represents 26.84% of the net profit attributable to shareholders for 2021, amounting to 412.58 million CNY[7]. - The company has not achieved profitability since its listing, indicating ongoing challenges in reaching a positive net income[5]. - Guizhou Zhenhua E-chem Inc. reported a significant increase in revenue, achieving a total of 1.2 billion CNY for the fiscal year 2021, representing a growth of 25% year-over-year[20]. - The company achieved operating revenue of CNY 551,490.04 million in 2021, a year-on-year increase of 432.07%[30]. - Net profit attributable to shareholders reached CNY 41,257.92 million, marking a turnaround from a loss in the previous year[30]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion yuan, representing a year-over-year growth of 15%[158]. - The company reported a total of 14,500,956 million in user data, indicating a stable user base[150]. - The performance summary highlighted a growth of 3,284 million in net profit, reflecting a positive trend in financial health[150]. Operational Efficiency - The company aims to improve operational efficiency by 15% through the implementation of advanced manufacturing technologies[20]. - The company has reported a net profit margin of 12% for the fiscal year 2021, reflecting improved cost management and operational efficiencies[20]. - Operating costs rose to CNY 4,710.24 million, reflecting a 382.75% increase, but the growth rate was lower than that of revenue due to improved production efficiency[101]. - The company aims to reduce operational costs by 5% through improved supply chain management[155]. Research and Development - The company is investing heavily in R&D, with an allocation of 200 million CNY for the development of new materials and technologies in the upcoming year[20]. - Research and development expenses accounted for 2.71% of operating revenue, a decrease of 3.56 percentage points from the previous year[30]. - The company achieved a significant increase in R&D investment, totaling approximately ¥149.44 million, representing a year-on-year growth of 130.04%[71]. - The company is focusing on new product and technology research, aiming to enhance competitive advantage[150]. - The R&D department has reported a 15% increase in efficiency due to the adoption of new technologies[158]. Market Expansion - Future outlook indicates a projected revenue growth of 30% for the next fiscal year, driven by new product launches and market expansion strategies[20]. - Guizhou Zhenhua E-chem Inc. plans to enter new markets, targeting Southeast Asia and Europe, aiming for a market share increase of 10% in these regions[20]. - Market expansion strategies are being implemented to capture new customer segments and increase market share[150]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[158]. Risk Management - The company has outlined potential risks in its operations, which are detailed in the management discussion and analysis section of the report[5]. - The company faces risks related to technological updates and iterations, which could impact its market competitiveness and profitability if it fails to keep pace with industry advancements[87]. - The company’s main raw materials account for over 80% of its main business costs, and fluctuations in raw material prices could adversely affect its production and profitability[89]. - The company faces risks related to high accounts receivable and inventory levels, which could impact profitability if not managed effectively[93]. Corporate Governance - The company has a cash dividend policy that ensures at least 20% of profit distribution is in cash, with a proposed cash dividend of 2.5 CNY per 10 shares, totaling approximately 110.73 million CNY for 2021[187]. - The company has established performance evaluation standards and incentive mechanisms for directors, supervisors, and senior management, ensuring transparency and compliance with relevant laws and regulations[140]. - The company has maintained a stable shareholding structure among its directors and senior management, with no changes in shareholdings reported during the period[147]. - The company has established specialized committees including the audit committee, nomination committee, remuneration and assessment committee, and strategic committee[173]. Environmental Sustainability - The company adheres to a sustainable development philosophy, integrating low-carbon and energy-saving practices into its operations[193]. - The company has established an environmental management system based on ISO 14001:2015 standards to enhance environmental performance[200]. - The company purchased 22 million kilowatt-hours of hydropower in 2021, achieving a clean energy consumption ratio of 77.5%[196]. - The company is focusing on sustainability initiatives, aiming to reduce carbon emissions by 20% by 2025[158].

Financial Performance - The company's operating revenue for Q3 2021 reached ¥1,459,797,972.72, representing a year-on-year increase of 402.35%[7] - The net profit attributable to shareholders for the same period was ¥109,466,788.41, reflecting a significant increase of 511.62% compared to the previous year[7] - The basic earnings per share for Q3 2021 was ¥0.2966, an increase of 450.28% year-on-year[11] - The net profit attributable to shareholders for the reporting period is 511.62 million RMB, showing a significant turnaround from a net loss of 132 million RMB in the same period last year[18] - The net profit attributable to shareholders after deducting non-recurring gains and losses for the first three quarters of 2021 is 254 million RMB, compared to a loss of 159 million RMB in the same period of 2020[18] - The basic earnings per share for the first three quarters of 2021 is 0.7562 RMB, a recovery from a loss of 0.3985 RMB per share in the same period last year[18] - The total operating revenue for the first three quarters of 2021 reached ¥3,543,449,581.03, a significant increase from ¥684,073,774.41 in the same period of 2020, representing a growth of approximately 418%[36] - The net profit for the first three quarters of 2021 was ¥260,527,706.73, a turnaround from a net loss of ¥132,392,349.01 in the same period of 2020[36] - The total comprehensive income attributable to the parent company was 260,527,706.73 RMB, a significant turnaround from -132,392,349.01 RMB in the same period last year[40] Research and Development - Research and development expenses totaled ¥30,112,919.81, accounting for 2.06% of operating revenue, which is an increase of 3.44 percentage points compared to the previous year[11] - Research and development expenses totaled 68.43 million RMB for the first three quarters of 2021, reflecting the company's commitment to enhancing product competitiveness through innovation[18] - Research and development expenses for the first three quarters of 2021 were ¥74,260,810.65, an increase from ¥44,089,551.96 in 2020, showing a growth of about 68%[36] Assets and Equity - Total assets at the end of Q3 2021 amounted to ¥6,051,548,100.23, marking a 42.19% increase from the end of the previous year[11] - The equity attributable to shareholders increased to ¥2,775,358,443.79, a substantial rise of 116.89% year-on-year[11] - The total assets at the end of the reporting period amount to 4.219 billion RMB, primarily due to funds raised from the initial public offering[18] - The equity attributable to shareholders at the end of the reporting period is 1.1689 billion RMB, indicating a solid financial position[18] - The company's total assets as of the end of the reporting period amounted to ¥6,051,548,100.23, up from ¥4,256,057,147.23 a year earlier, reflecting a growth of approximately 42%[33] - The company's equity attributable to shareholders increased to ¥2,775,358,443.79 from ¥1,279,612,865.92, representing a growth of about 117%[33] Cash Flow - The company reported a net cash flow from operating activities of -¥140,550,105.48 for the year-to-date period[11] - The net cash flow from operating activities for the first three quarters of 2021 is -141 million RMB, an improvement from -426 million RMB in the same period of 2020, driven by increased sales and improved working capital[18] - The company reported a net cash flow from operating activities of -140,550,105.48 RMB for the first three quarters of 2021, an improvement from -425,850,690.97 RMB in the same period of 2020[41] - The company incurred total cash outflows from operating activities amounting to 1,452,187,084.55 RMB, compared to 901,875,504.79 RMB in the previous year[42] - The net cash flow from investing activities was -133,601,165.61 RMB, a slight improvement from -147,645,310.53 RMB in the same period last year[43] - Cash inflows from financing activities totaled 2,143,905,184.21 RMB, compared to 1,300,050,224.95 RMB in the previous year[43] - The company reported a net cash flow from financing activities of 1,550,387,488.28 RMB, a significant increase from 444,250,044.66 RMB year-over-year[43] - The ending balance of cash and cash equivalents was 1,345,249,861.99 RMB, compared to 30,830,195.01 RMB at the end of the same period last year[43] Sales and Market Demand - The sales revenue from high-nickel NCM ternary materials in Q3 2021 was ¥6.10 billion, with a quarter-on-quarter growth of 30%[16] - The average selling price of major products increased due to rising raw material costs, contributing to the overall revenue growth[16] - The company attributed the significant revenue growth to increased demand in the downstream electric vehicle battery market and a recovery from the impact of COVID-19 on previous year’s orders[16] - The increase in sales scale and product structure adjustment, particularly in high-nickel NCM ternary materials, contributed to the profitability turnaround[18] Shareholder Information - The company has a total of 23,253 common shareholders, with the largest shareholder holding 28.31% of the shares[22]