证券代码：000049 证券简称：德赛电池 公告编号：2025-022 深圳市德赛电池科技股份有限公司 第十一届董事会第八次会议决议公告 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"）第十一届董事会第八次 会议通知于 2025 年 10 月 17 日以电子文件形式通知董事、监事和高管，会议于 2025 年 10 月 27 日在惠州市德赛大厦 24 楼 2402 会议室以现场结合视频方式召开。应出席 董事 9 名，实际出席董事 9 名，其中独立董事宋文吉先生以视频方式出席本次会议。 会议由董事长刘其先生主持，监事和高管人员列席了会议。本次会议符合《中华人民 共和国公司法》（以下简称《公司法》）和《公司章程》的规定，所作决议合法有效。 二、董事会会议审议情况 经与会董事认真审议，表决通过了以下议案： 没有董事对公司 2025 年第三季度报告内容的真实性、准确性、完整性无法保证 或存在异议。 表决结果：9 票同意，0 票弃权，0 票反对。 本议案已经公司董事会审计委员会事前审议通过。 详情请 ...

格隆汇10月28日｜德赛电池公告，第三季度营收为63.42亿元，同比增长5.22%；净利润为1.28亿元，同 比增长12.79%。前三季度营收为161.03亿元，同比增长7.67%；净利润为2.26亿元，同比增长2.02%。 ...

Core Insights - Desay Battery reported third-quarter revenue of 6.342 billion yuan, representing a year-on-year increase of 5.22% [1] - The net profit for the third quarter was 128 million yuan, showing a year-on-year growth of 12.79% [1] - For the first three quarters, the total revenue reached 16.103 billion yuan, up by 7.67% year-on-year [1] - The net profit for the first three quarters was 226 million yuan, reflecting a year-on-year increase of 2.02% [1]

Financial Performance - The company's operating revenue for Q3 2025 reached ¥6,341,730,296.78, representing a year-on-year increase of 5.22%[4] - Net profit attributable to shareholders was ¥128,067,764.43, up 12.79% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥110,197,396.91, reflecting a 15.40% increase year-on-year[4] - Total operating revenue for the period reached ¥16,103,490,012.54, an increase of 7.67% compared to ¥14,956,933,287.69 in the previous period[23] - Net profit for the period was ¥167,224,345.76, compared to ¥144,336,372.33 in the previous period, representing a growth of 15.87%[24] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥692,844,643.58, a significant increase of 784.75%[4] - The cash flow from operating activities was ¥17,362,481,747.20, significantly higher than ¥13,946,217,651.68 in the previous period[25] - The net cash flow from operating activities was 692,844,643.58, a significant improvement from the previous period's negative cash flow of -101,182,105.27[26] - The total cash outflow from operating activities was 17,194,821,941.70, compared to 14,590,953,555.83 in the previous period[26] - The company paid 1,739,666,679.72 in employee compensation, up from 1,458,866,116.91 in the prior period[26] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥17,348,393,666.09, showing a 2.09% increase from the end of the previous year[4] - The company's total liabilities increased to ¥10,731,306,220.82 from ¥10,400,116,788.78, marking a rise of 3.18%[22] - Total current assets amount to ¥11,637,248,039.79, an increase from ¥11,491,586,746.31 at the beginning of the period[20] - Total assets reached ¥17,348,393,666.09, up from ¥16,993,299,577.74, indicating a growth of about 2.1%[20] - The total equity attributable to shareholders of the parent company rose to ¥6,662,301,031.81, up from ¥6,578,542,940.36, an increase of 1.27%[22] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 71,302[17] - The largest shareholder, Huizhou Innovation Investment Co., Ltd., holds 23.20% of shares, totaling 89,239,275 shares[17] Inventory and Receivables - The company reported a significant increase in accounts receivable, which rose by 849.31% to ¥70,683,540.55 due to an increase in outstanding bills[10] - Accounts receivable decreased to ¥5,477,420,828.99 from ¥6,184,541,893.28, a decline of about 11.4%[19] - Inventory increased to ¥2,732,647,675.89 from ¥2,201,384,983.56, reflecting a growth of approximately 24%[20] Contract Liabilities - The company experienced a 1198.36% increase in contract liabilities, reaching ¥66,328,595.28, primarily due to an increase in advance payments received[10] - The company's contract liabilities surged to ¥66,328,595.28 from ¥5,108,652.07, indicating a substantial increase of 1190.73%[21] Research and Development - Research and development expenses for the period were ¥691,401,013.23, compared to ¥616,453,093.51 in the previous period, indicating a growth of 12.14%[23] Cash and Investments - The cash and cash equivalents at the end of the period amounted to 1,153,218,771.40, compared to 1,015,679,278.49 at the end of the previous period[27] - Total cash inflow from investment activities was 5,831,998,410.86, compared to 4,789,501,931.64 in the prior period, indicating a growth of approximately 21.8%[26] - The net cash flow from investment activities was -898,319,144.83, an improvement from -2,092,356,581.40 in the previous period[26] - Cash inflow from financing activities totaled 2,392,366,525.03, up from 2,146,490,601.63, reflecting an increase of about 11.5%[27] - The net cash flow from financing activities was 85,859,981.96, a turnaround from the previous period's negative cash flow of -320,756,654.80[27]

专家：应扬长避短、差异化竞争 哈尔滨工业大学副研究员邓亮指出，聚阴离子型磷酸盐正极材料因其结构稳定、安全性高，尤其适合钠 离子电池在宽温域与高倍率场景的应用。正极材料性能的充分发挥需与耐低温/高温电解液、适配负极 等系统部件协同优化，方能实现长循环与高倍率充放电。展望未来，钠电池需在成本控制与性能优化方 面持续突破，并提前布局材料回收利用体系，以更好响应市场期待。 中国电子技术标准化研究院副主任何鹏林表示，我国钠离子电池标准化工作稳步推进，目前已发布2项 国标，另有11项国标及行标正在制定中。此外，我国牵头的4项钠电池国际标准也正在起草过程中。标 准制定过程中，对44家企业生产的钠电池进行了试验验证，数据显示，钠电池在低温性能与安全性方面 总体优于锂电池，与锂电池在动力、储能等领域形成互补，并在多个领域具备替代铅酸电池的潜力。 中国科学院院士、新基石研究员、清华大学化学系教授李景虹指出，钠离子电池是绿色能源的重要发展 方向，应扬长避短，充分发挥其功率高、低温性能好、安全性高和成本低等优势，瞄准混合动力汽车、 UPS、调频储能、铅酸替代等应用场景。 "钠离子电池产业已进入从样品验证到商业化落地的关键阶段。"北京 ...

Core Viewpoint - Desay Battery's stock price dropped by 5% to 26.02 CNY per share, with a trading volume of 267 million CNY and a turnover rate of 2.60%, resulting in a total market capitalization of 10.008 billion CNY [1] Company Overview - Desay Battery Technology Co., Ltd. is located in Nanshan District, Shenzhen, Guangdong Province, and was established on September 4, 1985, with its listing date on March 20, 1995 [1] - The company's main business involves the production and manufacturing of power management systems and various types of lithium batteries [1] Revenue Composition - Revenue breakdown by product categories includes: - Smartphones: 31.93% - Electric tools, smart home, and travel products: 19.92% - Laptops and tablets: 15.47% - Wearable devices: 11.71% - Energy storage products: 10.73% - Others: 10.25% [1] Shareholder Information - Among the top ten circulating shareholders, a fund under Southern Fund holds a significant position, specifically the Southern CSI 1000 ETF (512100), which increased its holdings by 401,000 shares in Q2, totaling 2.1226 million shares, representing 0.55% of circulating shares [2] - The estimated floating loss for the fund today is approximately 2.908 million CNY [2] Fund Performance - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 64.953 billion CNY [2] - Year-to-date return is 25.63%, ranking 2073 out of 4218 in its category; the one-year return is 35.48%, ranking 1532 out of 3865; and since inception, the return is 11.18% [2]

Core Viewpoint - Desay Battery (000049) is actively expanding its energy storage battery business, focusing on major clients and key business areas while striving to develop global customer relationships [1] Group 1 - The company is making significant efforts to develop its energy storage battery sector [1] - The focus is on targeting large customers and important business fields [1] - The company aims to actively expand its global customer base [1]

Core Viewpoint - Desay Battery (000049) is focused on improving the operational performance of its Hunan battery segment while maintaining strategic determination and patience [1] Group 1 - The management team is committed to focusing on major clients and key business areas to seize market opportunities [1] - The company aims to continuously promote the positive development of its cell business [1]

Core Viewpoint - Desay Battery (000049) reported that as of September 30, the total number of shareholders in its non-consolidated margin trading credit account is 67,613 [1] Summary by Category - **Company Information** - Desay Battery has a total of 67,613 shareholders in its non-consolidated margin trading credit account as of September 30 [1]

Group 1 - The Tonghuashun Fruit Index concept fell by 4.64%, ranking among the top declines in concept sectors, with stocks like GoerTek, Changying Precision, and Huaxin Electronics leading the declines [1] - The main capital outflow from the Tonghuashun Fruit Index concept was 8.627 billion yuan, with 13 stocks experiencing net outflows, and 8 stocks seeing outflows exceeding 1 billion yuan [1] - The stock with the highest net outflow was Luxshare Precision, with a net outflow of 2.803 billion yuan, followed by Changying Precision and Lingyi iTech with net outflows of 1.151 billion yuan and 1.113 billion yuan respectively [1] Group 2 - The top inflow stocks included Zhongshi Technology, Dongshan Precision, and BOE A, with net inflows of 73.6559 million yuan, 60.1587 million yuan, and 57.2405 million yuan respectively [2] - The stocks with the highest capital outflow included Luxshare Precision (-6.89%), Changying Precision (-9.22%), and Lingyi iTech (-6.64%) [2] - The overall market sentiment reflected a significant outflow of funds from the Tonghuashun Fruit Index concept, indicating potential investor caution in this sector [1][2]