Summary of Desay Battery Conference Call Company Overview - Desay Battery reported a revenue of 14.38 billion yuan in 2024, a year-on-year increase of 6.49%. However, net profit declined primarily due to losses in the energy storage battery business, with losses in Hunan battery operations expanding to 405 million yuan, resulting in a decrease of approximately 170 million yuan in net profit attributable to shareholders [1][2][3]. Key Financial Metrics - In Q1 2025, the company achieved a revenue of 4.369 billion yuan, a year-on-year increase of 6.69%, with a net profit of 48.66 million yuan, up 10.96% [1][3]. - For 2024, the total operating income was 20.859 billion yuan, a 2.83% increase, while net profit attributable to shareholders was 413 million yuan, down 26.49% [2]. - The overall gross margin improved in 2024 due to a decrease in lithium battery material prices and internal efficiency improvements [2][10]. Business Segments Performance - The smartphone business accounted for 38.22% of total revenue in 2024, while wearables contributed 12.38%, electric tools, smart terminals, and mobility accounted for 16.27%, and notebooks and tablets made up 13.76%. Energy storage products represented 9% [1][4]. - The energy storage business saw a revenue increase of 56.04% to 1.887 billion yuan, while the SIP (System in Package) business grew by 24.99% to 2.67 billion yuan [1][3]. Cost and Expense Analysis - Total operating expenses for 2024 were 1.469 billion yuan, a year-on-year increase of 27.18%, with R&D expenses rising by 250 million yuan due to new project developments and increased personnel [1][7]. - The company plans to reduce energy storage business losses from 405 million yuan in 2024 to between 200 million and 250 million yuan in 2025 [1][13]. Strategic Initiatives - Desay Battery aims to deepen its focus on lithium batteries, power management, and packaging integration while expanding into energy storage and advanced packaging sectors [2][8]. - The company is also enhancing its manufacturing capabilities in Vietnam, with production capacity expected to more than double by 2025 [2][14]. Market Outlook - The consumer electronics business is projected to grow by 10%-20% in 2025, with electric tools expected to exceed 20% growth [1][16]. - Despite uncertainties in the macro environment, including geopolitical issues and trade policies, the company anticipates opportunities for revenue growth [2][16]. Long-term Vision - Desay Battery targets to achieve a revenue of 5 billion yuan in the SIP business by 2028, with a net profit margin exceeding 5% [2][17]. - The company plans to explore new opportunities in AI, low-altitude economy, and robotics, leveraging lithium battery applications in these fields for long-term growth [2][19].

Group 1: Yishitong - Yishitong has made progress in several new material projects, including solid oxide battery (SOC) systems, high-purity quartz sand, bismuth stone, thermally conductive spherical alumina, and flame-retardant materials [1] - The SOC system project is progressing as planned, with the single battery pilot line operating stably, and the stack pilot production line expected to be completed by 2025 [1] - High-purity quartz sand's technical indicators and performance optimization have been completed, with plans to test in a single crystal factory by 2025 and establish a thousand-ton pilot line [1] - Bismuth stone shipments are expected to increase in 2024, with a slight decrease in price, and significant shipment growth anticipated in Q1 2025 [1] - The sales revenue of ceramic flame-retardant materials is increasing, with plans to expand into more application scenarios [1] Group 2: Desay Battery - Desay Battery anticipates uncertainties in the macroeconomic environment but aims to explore new markets and businesses for performance growth [2] - In 2024, revenue from smartphone battery business is expected to decline by 10.39%, influenced by both volume and price [2] - In Q1 2025, revenue from smartphone batteries is projected to grow by 8.97%, while wearable device batteries are expected to increase by 15.79% [2] - Revenue from electric tools, smart home, and mobility businesses is expected to grow by 24.37%, while energy storage business revenue is projected to decline by 14.86% [2] - The company plans to continue expanding production capacity in Vietnam, with expected revenue growth in Vietnam to double compared to last year [2] Group 3: Yahui Pharmaceutical - Yahui Pharmaceutical has made progress in the approval and commercialization of APL-1702, with the listing application accepted and review underway [3] - APL-2501 has completed multiple experiments, with IND submission expected by mid-2026, showing strong clinical competitive potential [3] - The company is targeting patients with strong willingness to pay for the initial positioning of Haikewei, gradually promoting blue light cystoscopy technology as a standard solution [3] - APL-2302 shows good pharmacokinetic characteristics and significant anti-tumor effects, having entered clinical research [3] - The company expects rapid revenue growth in 2024 and plans to upgrade its commercialization system in 2025, including hiring a Chief Commercial Officer and optimizing the organizational structure [3]

证券代码：000049 证券简称：德赛电池 深圳市德赛电池科技股份有限公司投资者关系活动记录表 编号：2025-001 二、回答调研提问，主要问答简述如下： 1、智能手机类产品 24 年收入下滑，量和价的影响分别是？ 答：公司智能手机类电池业务营业收入同比下降 10.39%，量和 价的影响差不多，量下降了约 5%，整体出货均价也下降了 5%左 右。 2、2025 年一季度收入分业务情况？客户拉货节奏有提前吗？ 答：2025 年一季度，公司智能手机类电池业务营业收入同比增 长 8.97%，智能穿戴类设备电池业务营业收入同比增长 15.79%，笔 记本和平板电脑电池业务营业收入同比增长 14.96%，电动工具、智 能家居和出行类业务营业收入同比增长 24.37%，储能业务同比下降 了 14.86%。 从年初客户指引看一季度实际出货情况，出货节奏没有明显的 提前。 | 投资者关 | ■特定对象调研 □分析师会议 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 系活动类 | □媒体采访 □业绩说明会 | | | | | ...

Group 1 - The Tonghuashun Fruit Index concept declined by 1.38%, ranking among the top declines in the concept sector, with companies like Lens Technology, Lante Optics, and Changying Precision experiencing significant drops [1][2] - Among the stocks in the Tonghuashun Fruit Index, only two stocks saw price increases, with Zhongshi Technology and BOE A rising by 2.20% and 0.26% respectively [1][2] Group 2 - The concept sectors with the highest gains today included Supply and Marketing Cooperatives (+3.93%), Cross-Border Payment (CIPS) (+3.65%), and Glyphosate (+3.57%), while the China AI 50 and Nvidia concept saw declines of -2.09% and -1.48% respectively [2] - The Tonghuashun Fruit Index experienced a net outflow of 587 million yuan from main funds, with 14 stocks seeing net outflows, and five stocks experiencing outflows exceeding 50 million yuan [2] - The stock with the highest net outflow was Luxshare Precision, with a net outflow of 184 million yuan, followed by Goer Technology and Lingyi iTech with outflows of 165 million yuan and 61.8 million yuan respectively [2][3]

证券代码：000049 证券简称：德赛电池 公告编号：2025-012 深圳市德赛电池科技股份有限公司 关于召开 2024 年年度股东会的通知 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 深圳市德赛电池科技股份有限公司（以下简称"公司"或"本公司"）第十一届 董事会第六次会议决定于2025年5月19日（星期一）下午14:45召开公司2024年年 度股东会。现将有关事宜通知如下： 一、召开会议的基本情况 1、股东会届次：2024年年度股东会 （2）公司董事、监事和高级管理人员。 2、股东会的召集人：本公司第十一届董事会 3、本次股东会会议召开符合有关法律、行政法规、部门规章、规范性文件 和公司《章程》的规定。 4、会议召开日期和时间： 现场会议召开时间：2025年5月19日（星期一）下午14:45 网络投票时间：通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 5 月 19 日的交易时间，即 9:15-9:25,9:30-11:30 和 13:00-15:00；通过深圳 证券交易所互联网投票的具体时间为 2025 年 5 月 19 日 9:1 ...

一、监事会会议召开情况 深圳市德赛电池科技股份有限公司（以下简称"公司"）第十一届监事会第四次会 议通知于 2025 年 4 月 7 日以电子邮件形式发出，会议于 2025 年 4 月 18 日在惠州市德 赛大厦 24 楼会议室以现场方式召开。公司实有监事 3 人，实际出席会议 3 人。会议由 监事会主席夏志武先生主持，会议符合《公司法》和《公司章程》的规定，所作决议合 法有效。 二、监事会会议审议情况 会议采取举手表决的方式，以 3 票同意，0 票反对，0 票弃权的表决结果审议通过 了以下 8 项议案，并同意将议案 2 至议案 4 提交公司 2024 年年度股东会审议： 1、《2024 年度财务决算报告》 证券代码：000049 证券简称：德赛电池 公告编号：2025-003 深圳市德赛电池科技股份有限公司 第十一届监事会第四次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 《2024 年度财务决算报告》详情请见公司于 2025 年 4 月 22 日登载于巨潮资讯网 上的公司 2024 年度审计报告。 2、《2024 年度利润分配预案》 详情请 ...

证券代码：000049 证券简称：德赛电池 公告编号：2025-002 二、董事会会议审议情况 会议审议通过了以下 15 项议案，并同意将议案 2 至议案 4、议案 10 及议案 11 共 5 个议案提交 2024 年年度股东会审议批准： （一）非关联交易事项 董事会以 9 票同意，0 票弃权，0 票反对的表决结果审议通过了以下议案： 深圳市德赛电池科技股份有限公司 第十一届董事会第六次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 深圳市德赛电池科技股份有限公司（以下简称"公司"）第十一届董事会第六次会 议通知于 2025 年 4 月 7 日以电子文件形式通知董事、监事和高管，会议于 2025 年 4 月 18 日在惠州市德赛大厦 24 楼会议室以现场方式召开。应出席董事 9 名，实际出席 董事 9 名。会议由董事长刘其主持，监事和高管人员列席了会议。本次会议符合《公 司法》和《公司章程》的规定，所作决议合法有效。 1、《2024 年度财务决算报告》 本议案已经公司董事会审计委员会事前审议通过。 《2024 年度财务决算 ...

深圳市德赛电池科技股份有限公司 关于 2024 年度利润分配预案的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 深圳市德赛电池科技股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日召开第十一届董事会第六次会议及第十一届监事会第四次会议，审议通过了 《2024 年度利润分配预案》。本次利润分配预案尚需提交公司 2024 年年度股东 会审议通过后方可实施。现将相关事项公告如下： 一、2024 年度利润分配预案的基本情况 经天健会计师事务所（特殊普通合伙）审计，公司 2024 年度合并报表中实 现归属于上市公司股东的净利润为人民币 413,011,992.42 元；母公司 2024 年度 净利润为 253,987,618.02 元，根据《公司法》和《公司章程》的有关规定，提取 法定盈余公积金 25,398,761.80 元后，截至 2024 年 12 月 31 日，母公司可供分配 利润为 295,549,126.08 元。 在符合利润分配原则、保证公司正常经营和长远发展的前提下，公司 2024 年度利润分配预案为：以公司总股本 384,638 ...

一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 1.0738 | 1.7107 | -37.23 | 2.6730 | | 每股净资产（元） | 0 | 16.36 | -100 | 13.66 | | 每股公积金(元) | 0 | 4.85 | -100 | 0.51 | | 每股未分配利润(元) | | 10.01 | -100 | 11.69 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 208.59 | 202.85 | 2.83 | 217.49 | | 净利润(亿元) | 4.13 | 5.62 | -26.51 | 8.66 | | 净资产收益率(%) | 6.41 | 12.72 | -49.61 | 23.30 | 数据四舍五入，查看更多财务数据>> 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： 18572.16万股，累计占流通股比： 48.32%，较上期 ...

| | | 一、内部控制审计报告…………………………………………第 1—2 页 二、资质证书复印件……………………………………………第 3—6 页 深圳市德赛电池科技股份有限公司 内部控制审计报告 天健审〔2025〕7-428 号 深圳市德赛电池科技股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求，我 们审计了深圳市德赛电池科技股份有限公司（以下简称德赛电池公司）2024 年 12 月 31 日的财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》《企业内部控制应用指引》以及《企业内部 控制评价指引》的规定，建立健全和有效实施内部控制，并评价其有效性是德赛 电池公司董事会的责任。 天健会计师事务所（特殊普通合伙） 中国注册会计师： 二、注册会计师的责任 我们的责任是在实施审计工作的基础上，对财务报告内部控制的有效性发表 审计意见，并对注意到的非财务报告内部控制的重大缺陷进行披露。 三、内部控制的固有局限性 内部控制具有固有局限性，存在不能防止和发现错报的可能性。此外，由于 情况的变化可能导致内部控制变得不恰当，或对控制政策和程序遵循的程度降低 ...