证券代码：688778 证券简称：厦钨新能 公告编号：2024-056 厦门厦钨新能源材料股份有限公司 关于以集中竞价交易方式回购股份进展的公告 二、回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关规定，公司应当在每个月的前三个交易日内披露截至上月 末的回购进展情况。现将公司回购股份的进展情况公告如下： （一）2024 年 3 月 1 日，公司以集中竞价交易方式实施了首次回购股份，具 体内容详见公司于 2024 年 3 月 2 日在上海证券交易所网站（www.sse.com.cn）刊 载披露的《厦门厦钨新能源材料股份有限公司关于以集中竞价交易方式首次回购 公司股份暨回购股份进展的公告》（公告编号：2024-009）。 （二）截至 2024 年 11 月 30 日，公司通过上海证券交易所系统以集中竞价交 易方式已累计回购股份 1,049,834 股，占公司总股本 420,771,001 股的比例为 0.25%， 回购成交的最高价为 35.81 元/股、最低价为 31.26 元/股，已支付的总金额为 35,683,821.52 元（不含印花税、交易 ...

Production Capacity and Expansion - The company currently has a production capacity of approximately 175,000 tons, including 20,000 tons of lithium iron phosphate, with some new capacity expected to come online next year [2] - The overall capacity utilization rate is performing well, and the company plans to expand capacity to meet new customer demands and market growth [2] Solid-State Battery Development - The company is focusing on cathode materials and solid-state electrolytes for solid-state batteries, with stable supply achieved for oxide route cathode materials [2] - Collaboration with well-known battery manufacturers is ongoing for the development of a new structure cathode material, which shows significant performance advantages over traditional materials [2] - Two technical routes for solid-state electrolytes are being developed, including oxide and sulfide routes, with promising results in cost reduction for new lithium sulfide synthesis processes [2] Customer Base and Market Strategy - The company's downstream customers primarily consist of well-known domestic and international battery manufacturers, employing a large customer strategy and high-end product strategy for customized production [4] - The company is actively expanding its overseas projects as planned [4] New Cathode Material Innovations - The new structure cathode material developed by the company offers significant improvements in energy density and performance compared to traditional materials, with potential applications in consumer electronics, robotics, and solid-state batteries [4][7] - The new structure is expected to reduce costs by replacing precious metals with cheaper alternatives in the future [4] Applications in Low-Altitude Fields - The company's products are being applied in low-altitude fields, with lithium cobalt oxide used in high-end drones and ternary materials used in larger drones due to cost sensitivity [4] - The new structure cathode material meets the performance requirements for low-altitude applications effectively [4] Hydrogen Storage Solutions - The company is developing solid-state hydrogen storage solutions, leveraging its expertise in hydrogen alloy technology, which enhances safety compared to traditional storage methods [4] - The solid-state hydrogen products are expected to play a significant role in various fields, including hydrogen refueling stations and shipping [4] Future Outlook for Lithium Materials - Lithium iron phosphate is gaining market share due to its lower cost, while ternary materials have significant growth potential, especially in new application areas [6] - The company anticipates benefiting from the increasing demand for lithium cobalt oxide driven by AI and foldable smartphones, with a notable sales growth in ternary materials expected in 2024 [9]

Summary of Conference Call on Solid-State Lithium Battery Technology Company Overview - The company specializes in the synthesis of high-purity aluminum sulfide using a chemical bath deposition (CBD) method, which simplifies reaction steps and reduces costs while enhancing product purity and yield [2][3][4]. Key Industry Insights - The company has achieved a pilot production line capable of synthesizing high-purity aluminum sulfide in quantities ranging from 10 kilograms to hundreds of kilograms, with a high yield [2][5]. - The company aims to achieve mass production by 2026 and start vehicle integration by 2027, with strong demand from clients such as Sony, Nissan, and BYD [2][12][11]. - The company has developed NL structural materials that enhance stability and capacity, potentially disrupting the existing ternary lithium cobalt oxide system by reducing costs and improving energy density [2][14][15]. Core Points and Arguments - The CBD method is highlighted for its efficiency, avoiding toxic gas emissions and simplifying the production process compared to traditional methods [8][9]. - The company has a competitive edge in smelting processes, converting common raw materials into high-activity intermediates, and has advanced equipment for large-scale production [4][6]. - The choice of solid sulfur salts as a sulfur source enhances safety and environmental sustainability [2][7]. - The NL structural materials have been patented, ensuring a competitive advantage in the market [20]. Production and Cost Considerations - Current production capacity is between 10 to 20 tons per month, with plans to scale up to 2000 tons by October next year, aiming for a total output of 20,000 to 30,000 tons [22]. - The target production cost is between 200,000 to 300,000, with ongoing improvements needed in process optimization and scaling [6][19]. - The company is focused on reducing processing costs while maintaining high-quality output [23]. Market and Client Engagement - The company has established long-term collaborations with major Japanese and domestic companies, with ongoing material testing and interest in high-purity aluminum sulfide [11][21]. - The initial application of products will be in consumer electronics rather than directly in the automotive sector due to cost considerations [24]. Future Outlook - The company is positioned to lead in the solid-state battery market with innovative materials and established partnerships, while also exploring downstream applications in lithium sulfide electrolytes [10][12]. - The NL materials are expected to significantly enhance energy density and performance in future battery technologies, including solid-state and lithium-rich manganese structures [16][17][18].

Investment Rating - The investment rating for the company is "Buy" and it is maintained [5]. Core Insights - The company reported a revenue of 9.882 billion yuan for the first three quarters of 2024, a year-on-year decrease of 24.69%. The net profit attributable to the parent company was 367 million yuan, down 10.89% year-on-year [6][5]. - In Q3 2024, the company achieved a revenue of 3.582 billion yuan, a year-on-year decline of 28.37%, but a quarter-on-quarter increase of 19.35%. The net profit for Q3 was 128 million yuan, down 18.59% year-on-year, with a slight quarter-on-quarter increase of 0.47% [6][5]. - The sales volume of lithium battery cathode products reached 26,300 tons, with a quarter-on-quarter growth of 28.16%. The sales of lithium cobalt oxide were 13,900 tons, up 38.22% quarter-on-quarter, driven by increased demand in consumer electronics [6][5]. Financial Summary - The gross profit per ton is estimated at 13,500 yuan, which has decreased quarter-on-quarter due to fluctuations in processing fees and raw material prices. The non-recurring net profit per ton is 4,600 yuan, also down quarter-on-quarter [6]. - The expense ratio for Q3 2024 was 4.79%, a decrease of 1.25 percentage points quarter-on-quarter. The company recorded credit impairment losses of 7 million yuan and asset impairment losses of 28 million yuan, significantly impacting net profit [6]. - The net profit margin for Q3 was 3.58%, showing a decline quarter-on-quarter [6]. Future Outlook - Demand for ternary and lithium cobalt oxide products is expected to continue increasing quarter-on-quarter. The introduction of the company's new NL structure cathode materials is anticipated to enhance product upgrades and overall unit profitability [6]. - The company is currently expanding its production capacity, including the Hai Jing expansion and the Ningde base, with ongoing efforts to develop overseas markets, particularly in France [6].

证券代码：688778 证券简称：厦钨新能 公告编号：2024-055 厦门厦钨新能源材料股份有限公司 关于召开 2024 年第三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、准确性和完整性依法承担法律责任。 重要内容提示： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2024 年 11 月 15 日（星期五）至 11 月 21 日（星期四）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 xwxn@cxtc.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。 厦门厦钨新能源材料股份有限公司（以下简称"公司"）已于 2024 年 10 月 26 日发布公司 2024 年第三季度报告，为便于广大投资者更全面深入地了解公司 2024 年第三季度经营成果、财务状况，公司计划于 2024 年 11 月 22 日下午 14:00- 15:00 举行 2024 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说 ...

Investment Rating - The report maintains an "Accumulate" rating for the company [5][8]. Core Views - The company reported Q3 2024 revenue of 3.582 billion yuan, a year-on-year decrease of 28.37%, and a net profit attributable to shareholders of 128 million yuan, down 18.59% year-on-year [5]. - The sales volume of lithium battery cathode materials reached 26,300 tons in Q3 2024, an increase of 28.16% quarter-on-quarter, but the net profit per ton decreased by 18.7% [5]. - The average selling price of cathode materials fell to 136,000 yuan per ton, a decrease of 7.0% quarter-on-quarter, influenced by significant fluctuations in raw material prices [5]. - Despite a decline in revenue, the demand recovery in consumer electronics led to a 38.22% year-on-year increase in cobalt lithium shipments [5]. Financial Summary - For the fiscal year 2023, the company reported a revenue of 17,311 million yuan, with a projected revenue of 17,920 million yuan for 2024, reflecting a year-on-year growth of 3.5% [4]. - The net profit attributable to shareholders is expected to grow from 555 million yuan in 2024 to 1,566 million yuan in 2026, with corresponding growth rates of 5.3% and 70.1% respectively [4]. - The gross profit margin is projected to improve from 7.9% in 2024 to 13.3% in 2026 [4]. - The return on equity (ROE) is expected to rise from 6.3% in 2024 to 14.5% in 2026 [4]. - Earnings per share (EPS) are projected to increase from 1.32 yuan in 2024 to 3.72 yuan in 2026, with price-to-earnings (PE) ratios decreasing from 44.7 to 15.8 over the same period [4][5].

厦门厦钨新能源材料股份有限公司: 福建省冶金(控股)有限责任公司 一、截止本函回复目,本公司不存在影响你公司股票交 易异常波动的重大事项;不存在与你公司有关的应披露而未 披露的重大信息,包括且不限于与你公司相关的重大资产重 组、股份发行、债务重组、业务重组、重大资产剥离和重大 资产注入等重大事项。 关于厦门厦钨新能源材料股份有限公司 股价异常波动问询函的回复函 你司《关于股价异常波动的问询函》已收悉,作为你司 的间接控股股东,本公司经核查后确认: 二、本次股票交易异常波动期间,本公司不存在买卖你 公司股票的情况。 特此回函。 福建省 有限责任公司 ...

二、本次股票交易异常波动期间,本公司不存在买卖你 公司股票的情况。 特此回函。 福建省稀有稀土(集团)有限公司 关于厦门厦钨新能源材料股份有限公司 股价异常波动问询函的回复函 厦门厦钨新能源材料股份有限公司: 你公司《关于股价异常波动的问询函》已收悉,作为你 司的间接控股股东,本公司经核查后确认: 一、截止本函回复日,本公司不存在影响你公司股票交 易异常波动的重大事项;不存在与你公司有关的应披露而未 披露的重大信息,包括且不限于与你公司相关的重大资产重 组、股份发行、债务重组、业务重组、重大资产剥离和重大 资产注入等重大事项。 福建省稀有稀 责任公司 ...

特此回函。 — 1 — 厦门钨业股份有限公司 2024 年 11 月 8 日 厦门钨业股份有限公司文件 厦门钨业股份有限公司 关于厦门厦钨新能源材料股份有限公司 股价异常波动问询函的回复函 厦门厦钨新能源材料股份有限公司： 你公司《关于股价异常波动的问询函》已收悉，作为你司 的控股股东，本公司经核查后确认： 一、截止本函回复日，本公司不存在影响你公司股票交易 异常波动的重大事项；不存在与你公司有关的应披露而未披露 的重大信息，包括且不限于与你公司相关的重大资产重组、股 份发行、债务重组、业务重组、重大资产剥离和重大资产注入 等重大事项。 二、本次股票交易异常波动期间，本公司不存在买卖你公 司股票的情况。 ...

证券代码：688778 证券简称：厦钨新能 公告编号：2024-054 厦门厦钨新能源材料股份有限公司 股票交易异常波动公告 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： 一、股票交易异常波动的具体情况 公司股票交易于 2024 年 11 月 6 日、11 月 7 日、11 月 8 日连续三个交易日 内收盘价格涨幅偏离值累计超过 30%，根据《上海证券交易所交易规则》《上海 证券交易所科创板股票异常交易实时监控细则》的有关规定，属于股票交易异常 波动的情形。 二、公司关注并核实的相关情况 针对公司股票交易异常波动的情况，经公司自查并发函问询控股股东，对相 关问题进行了必要核实。现就有关情况说明如下： （一）生产经营情况 厦门厦钨新能源材料股份有限公司（以下简称"公司"）股票于 2024 年 11 月 6 日、11 月 7 日、11 月 8 日连续三个交易日内日收盘价格涨幅偏 离值累计超过 30%。根据《上海证券交易所交易规则》《上海证券交易 所科创板股票异常交易实时监控细则》的有关规定，属于股票交易异常 ...