证券代码：688707 证券简称：振华新材 公告编号：2025-008 贵州振华新材料股份有限公司 关于2024年度拟不进行利润分配的专项说明 本年度不进行利润分配，主要原因系公司 2024 年度实现归属于上市公司 股东净利润为负数，当年可供分配利润为负数，不满足利润分配条件。 公司 2024 年度利润分配预案已经公司第六届董事会第二十四次会议和 第六届监事会第二十一次会议审议通过，尚需提交公司 2024 年年度股东大会审 议。 公司不触及《上海证券交易所科创板股票上市规则》（以下简称"《股 票上市规则》"）第 12.9.1 条第一款第（八）项规定的可能被实施其他风险警示 的情形。 一、2024年度利润分配预案内容基本情况 （一）利润分配预案的内容 经大信会计师事务所（特殊普通合伙）审计，公司2024年度合并报表实现归 属于上市公司股东的净利润为亏损-52,770.63万元。 鉴于公司于2024年以集中竞价交易方式回购公司股份并注销完毕，公司 2024年度回购股份支付金额共计人民币394,748.94元，视同2024年度现金分红人 民币394,748.94元，满足公司利润分配政策的相关规定。在综合考虑公司的实 ...

一、主要会计数据和财务指标 不分配不转增 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 25965.94万股，累计占流通股比： 51.04%，较上期变化： -60.77万股。 | 名称 | 持有数量(万股) | 占总股本比例 | 增减情况(万 | | --- | --- | --- | --- | | | | (%) | 股) | | 中国振华电子集团有限公司 | 12538.00 | 24.65 | 不变 | | 中电金投控股有限公司 | 2878.68 | 5.66 | 不变 | | 国开制造业转型升级基金(有限合伙) | 2500.00 | 4.91 | 不变 | | 中央企业乡村产业投资基金股份有限公司 | 1905.66 | 3.75 | 不变 | | 舟山鑫天瑜成长股权投资合伙企业(有限合伙) | 1795.81 | 3.53 | 不变 | | 国投(上海)科技成果转化创业投资基金企业(有限合伙) | 1439.60 | 2.83 | 不变 | | 深圳鑫天瑜六期股权投资合伙企业(有限合伙) | 930.05 | 1.83 | 不变 | | 董侠 | 759.00 | 1.49 | ...

2024年度内部控制评价报告 贵州振华新材料股份有限公司全体股东： 公司代码：688707 公司简称：振华新材 贵州振华新材料股份有限公司 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称："企业 内部控制规范体系"），结合本公司（以下简称："公司"）内部控制制度和评价办法，在内部控制日常监 督和专项监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进 行了评价。 一. 重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外，由 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 27,164.58 million, a decrease of 57.31% compared to CNY 63,634.49 million in the same period last year[3]. - The net profit attributable to shareholders was a loss of CNY 9,768.79 million, improving from a loss of CNY 13,675.68 million year-on-year[3]. - The company reported a basic and diluted earnings per share of -CNY 0.19, an improvement from -CNY 0.28 in the previous year[3]. - Total operating revenue for Q1 2025 was CNY 271.65 million, a decrease from CNY 636.34 million in Q1 2024, representing a decline of approximately 57.3%[18]. - Net profit for Q1 2025 was a loss of CNY 97.69 million, compared to a loss of CNY 136.76 million in Q1 2024, showing an improvement of approximately 28.6%[19]. - Basic and diluted earnings per share for Q1 2025 were both CNY -0.19, an improvement from CNY -0.28 in Q1 2024[19]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 33,532.94 million, a significant recovery from a negative cash flow of CNY 131,796.96 million in the previous year[3]. - Cash flow from operating activities for Q1 2025 was CNY 335.33 million, a significant recovery from a negative cash flow of CNY 1.32 billion in Q1 2024[22]. - The company's cash and cash equivalents decreased from CNY 2.23 billion to CNY 1.99 billion, a decline of about 10.5%[12]. - The company’s cash and cash equivalents at the end of Q1 2025 stood at CNY 1.99 billion, down from CNY 2.47 billion at the end of Q1 2024[23]. - Cash flow from investing activities in Q1 2025 resulted in a net outflow of CNY 619.75 million, compared to a net outflow of CNY 52.50 million in Q1 2024[23]. - Cash flow from financing activities in Q1 2025 generated a net inflow of CNY 47.36 million, a decrease from a net inflow of CNY 1.09 billion in Q1 2024[23]. Research and Development - Research and development (R&D) expenses totaled CNY 2,992.73 million, accounting for 11.02% of operating revenue, an increase of 6.28 percentage points from 4.74% in the previous year[4]. - The company plans to continue focusing on R&D and market expansion strategies to improve financial performance in the upcoming quarters[3]. - The sodium-ion battery's fourth-generation cathode material has improved usable capacity by over 15%, from 130mAh/g to above 150mAh/g, meeting high voltage and energy density requirements[10]. - The company has achieved a significant milestone in sodium-ion battery cathode material with its first thousand-ton order, accelerating the industrialization process[10]. - The company has completed key material breakthroughs for solid-state batteries, with modified ternary products meeting safety standards for electric bicycle batteries[11]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 778,558.20 million, a slight decrease of 0.32% from CNY 781,025.10 million at the end of the previous year[4]. - As of March 31, 2025, the company's total assets amounted to approximately CNY 7.79 billion, a slight decrease from CNY 7.81 billion at the end of 2024[12][14]. - Current assets totaled approximately CNY 4.56 billion, showing a minor decrease from CNY 4.59 billion at the end of 2024[12]. - The company's total liabilities increased from CNY 3.39 billion to CNY 3.46 billion, marking an increase of about 2.0%[14]. - Short-term borrowings increased from CNY 799.62 million to CNY 834.61 million, reflecting a rise of approximately 4.0%[13][14]. - The company's retained earnings decreased from CNY 707.73 million to CNY 610.04 million, a decline of approximately 13.8%[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,114, with the largest shareholder, China Zhihua Electronics Group, holding 24.65% of the shares[7]. - The company received government subsidies amounting to CNY 314.35 million, contributing to a total non-recurring profit of CNY 291.49 million after tax effects[5]. Operational Challenges - The company reported a loss in Q1 2025 due to weak demand for ternary materials and product restructuring, emphasizing the need for innovation to improve performance[10]. - The company incurred financial expenses of CNY 8.11 million in Q1 2025, compared to CNY 2.56 million in Q1 2024, reflecting an increase of about 216.5%[18]. - The company reported a significant increase in cash received from sales, totaling CNY 683.12 million in Q1 2025, compared to CNY 149.81 million in Q1 2024, marking a growth of approximately 355.5%[22].

Financial Performance - In 2024, the company achieved operating revenue of CNY 1,961.14 million, a year-on-year decrease of 71.48%[4] - The net profit attributable to shareholders was CNY -527.71 million, a year-on-year decline of 613.94%[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -534.49 million, a year-on-year decrease of 647.00%[4] - The company's cash flow from operating activities was CNY -139,260.77 million, a decrease of 185.93% compared to CNY 162,071.58 million in 2023[23] - The company's total assets decreased by 18.86% to CNY 781,025.10 million from CNY 962,558.63 million in 2023[23] - The net assets attributable to shareholders increased by 13.82% to CNY 441,842.20 million compared to CNY 388,186.97 million in 2023[23] - The basic earnings per share were CNY -1.05, a decrease of 556.52% from CNY 0.23 in 2023[24] - The company's operating revenue for the current period is CNY 196,114.18 million, a decrease of 71.48% compared to the previous year[86] - The operating cost for the current period is CNY 222,450.98 million, down 65.30% year-on-year[86] - The net cash flow from operating activities was -1,392.61 million RMB, a decrease of 185.93% compared to the previous year[99] Market Conditions and Risks - The company faced risks of significant performance decline or losses due to weak demand for ternary materials and low capacity utilization rates[5] - The company highlighted the risk of revenue decline if the demand for downstream electric vehicle battery markets decreases[5] - The company is facing risks related to significant declines in product demand and potential losses due to market fluctuations in raw material prices[68] - The company is exposed to risks from raw material price fluctuations, particularly for lithium, nickel, and cobalt, which could impact profitability[73] - The company is at risk of idle capacity due to rapid industry expansion and potential market demand changes[75] - The company faces risks from high customer concentration, with over 90% of sales revenue coming from the top five customers[76] Research and Development - The R&D expenditure as a percentage of revenue increased to 4.60%, up 3.40 percentage points from 1.20% in 2023[24] - The company has developed a fourth-generation layered oxide material for sodium-ion batteries, improving the actual usable specific capacity by over 15% (from 130mAh/g to above 150mAh/g)[34] - The company is focusing on promoting the application of "6 series ternary cathode materials," which have passed partial customer certification and achieved batch sales[33] - The company is actively developing solid-state battery materials and has completed key technological breakthroughs, with some modified ternary products meeting safety standards for electric bicycle lithium-ion batteries[46] - The company achieved significant breakthroughs in core technologies, including high-nickel ternary materials and sodium-ion battery cathode materials, with a focus on mass production and sales in 2024[49] - The company applied for 16 invention patents and obtained 9 invention patent authorizations during the reporting period, contributing to a total of 90 invention patents[51] - Total R&D investment reached approximately ¥90.14 million, a 9.16% increase from the previous year, with R&D expenses accounting for 4.60% of operating revenue[53] Production and Sales - The production volume of positive electrode materials was 14,860.23 tons, a decrease of 56.56% year-on-year, while sales volume was 16,307.60 tons, down 50.06% year-on-year[91] - The company has received a 1000-ton order for polycation materials in 2024, primarily for UPS and energy storage applications[61] - The market share of the company's 8 series single crystal ternary materials is close to 60% in 2024, with high nickel ternary shipments increasing from 1% in 2019 to over 60% of total shipments[36] Strategic Initiatives - The company is implementing cost reduction and efficiency improvement measures through supply chain optimization and technology advancements[35] - The company aims to enhance its customer ecosystem by adding over 30 new trial and bulk procurement customers in 2024[35] - The company is focusing on diverse technology routes, including sodium-ion batteries and solid-state batteries, to meet varying market demands and enhance competitive advantages[48] - The company is committed to maintaining the current operational model of its related businesses to avoid conflicts of interest[121] Governance and Compliance - The company maintains a strict governance structure in compliance with relevant laws and regulations, ensuring effective decision-making and protection of shareholder interests[120] - The company has established independent committees within the board to enhance operational governance and accountability[120] - The company has a robust financial management team, with key personnel having significant experience in accounting and finance across multiple sectors[128] - The company has established a remuneration and assessment committee to oversee the compensation policies for directors and senior management[134] Environmental and Social Responsibility - The company has been recognized with national-level green factory and green supply chain titles, contributing to ecological environment protection[163] - The total greenhouse gas emissions for 2024 amounted to 392,648 tons of CO2 equivalent[169] - The company has invested a total of 221,138,000 CNY in poverty alleviation and rural revitalization projects, benefiting 1,252 individuals[185] - The company has conducted knowledge property training with a coverage rate of 100% during the reporting period[192] - The company has established an information security management system (ISMS) in accordance with ISO 27001 to ensure the security and integrity of information assets[181]

WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 贵州振华新材料股份有限公司 控股股东及其他关联方占用 资金情况审核报告 大信专审字[2025]第 14-00111 号 大信会计师事务所(特殊普通合伙)_ 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn) 报告编码:京25 IYIGE Certified Public Accountants Room 2206 22/F. Xuevuan International Towe No 1 Zhichun Road, Haidian Dist Beijing, China, 100083 控股股东及其他关联方占用资金情况审核报告 大信专审字[2025]第 14-00111 号 贵州振华新材料股份有限公司全体股东: 我们接受委托,审计了贵州振华新材料股份有限公司(以下简称"贵公司")的财务报 表，包括 2024 年 12 月 31 日合并及母公司资产负债表、2024 年度合并及母公司利润表、 股东权益变动表、现金流量表以及财务报表附注,并于2025年 4 月 24 日出具大信审字[ ...

贵州振华新材料股份有限公司 营业收入扣除情况 专项审核报告 大信专审字[2025]第 14-00114 号 大信会计师事务所(特殊普通合伙) WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn）"扬 c.mot.gov.cn）"进行查验 报告编码: 京25506EN2YF WUYIGE Certified Public Accountants. Room 2206 22/F. Xuevuan International Tower No 1 Zhichun Road, Haidian Dist Beijing, China, 100083 +86 ( 10 ) 82327668 unana davinces com on 营业收入扣除情况 专项审核报告 大信专审字[2025]第14-00114号 贵州振华新材料股份有限公司全体股东: 我们接受委托,审计了贵州振华新材料股份有限公司(以下简称"贵公司")的财务报 表,包括 2024年 12 月 31 日合并及母公司资产负债表、202 ...

贵州振华新材料股份有限公司 募集资金存放与实际使用情况 审核报告 大信专审字[2025]第 14-00110 号 大信会计师事务所(特殊普通合伙) WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acn.org.cn）"进行在验 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://aconof.gov.cn）"进行查验 " WUYIGE Certified Public Accountants.LLF 路 1 号 Room 2206 22/F. Xueyuan International Tower 2 层 2206 No.1 Zhichun Road, Haidian Dist. Beijing, China, 100083 募集资金存放与实际使用情况审核报告 大信专审字[2025]第 14-00110 号 贵州振华新材料股份有限公司全体股东: 我们接受委托,对后附的贵州振华新材料股份有限公司(以下简称"贵公司")《2024 贵州振华新材料股份有限公司董事会关于2024年度募集资金存 ...

贵州振华新材料股份有限公司 审 计 报 告 大信审字[2025]第 14-00020 号 大信会计师事务所(特殊普通合伙)_ 大信审字[2025]第 14-00020 号 WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 您可使用手机"扫一扫"或遗入"注册会计师行业统一直营平台（http://acc.net.jpg.cn）"进行在线 "老干在" WUYIGE Certified Public Accountants. Room 2206 22/F,Xueyuan International Tower No.1 Zhichun Road,Haidian Dist. Beljing, China, 100083 +86 (10) 82327668 审计报告 贵州振华新材料股份有限公司全体股东: 一、审计意见 我们审计了贵州振华新材料股份有限公司(以下简称"贵公司")的财务报表,包括 2024 年 12月 31 日的合并及母公司资产负债表,2024年度的合并及母公司利润表、合并及母公司 现金流量表、合并及母公司股东权益变动表,以及财务报表附注。 我们认为,后附的财务报表在所有重大方 ...