编号：2023-005 | | □特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动 | □媒体采访 业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | □现场参观 | | | □其他 | （请文字说明其他活动内容） | | 参与单位名称及 | 横店东磁 2022 年度业绩说明会采用网络文字互动方式进行，面向 | | 人员姓名 | 全体投资者 | | 时间 2023 | 年 3 月 24 日 15:00-16:30 | | 地点 | 全景网投资者关系互动平台（http://rs.p5w.net） | | 董事长、总经理 | 任海亮 | | 上市公司接待 | 独立董事 杨柳勇 | | 副总经理 | 何悦 | | 人员姓名 | 副总兼董秘 吴雪萍 | | 财务总监 | 方建武 | | | 公司于 年 月 日（星期五）15:00-16:30 在全景网平 2023 3 24 | | 台举行 | 2022 年度业绩网上说明会，本次年度业绩说明会采用网络 | | 投资者关系活动 | 文字互动方式举行，说明会问答环节主要内容详见附件。更多内容 | | 主要内容介绍 | 详见全景网" ...

证券代码：002056 证券简称：横店东磁 公告编号：2023-033 投资者可于 2023 年 3 月 24 日（星期五）15:00 前登录 http://ir.p5w.net/zj/， 或扫描下方二维码，进入问题征集专题页面。公司将在 2022 年度业绩说明会上， 对投资者普遍关注的问题进行回答。 横店集团东磁股份有限公司 关于举办 2022 年度业绩网上说明会的公告 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。 横店集团东磁股份有限公司（以下简称"公司"）已于 2023 年 3 月 9 日披 露了《公司 2022 年年度报告》及其摘要，详情请参阅《证券时报》及巨潮资讯 网（www.cninfo.com.cn）。为了更好地与广大投资者进行交流，使投资者能够进 一步了解公司的生产经营情况，公司定于 2023 年 3 月 24 日（星期五）15:00-16:30 举行 2022 年度业绩网上说明会，具体情况如下： 一、说明会召开方式与时间 会议召开方式：网络文字互动 会议召开时间：2023 年 3 月 24 日（星期五）15:00-16:30 二、投资者参与 ...

Financial Performance - The company's operating revenue for 2022 was ¥19,450,638,161.91, representing a 54.28% increase compared to ¥12,607,410,411.09 in 2021[13]. - The net profit attributable to shareholders for 2022 was ¥1,669,265,497.69, up 48.98% from ¥1,120,444,284.34 in 2021[13]. - The net cash flow from operating activities reached ¥2,886,547,469.19, a significant increase of 124.55% compared to ¥1,285,454,216.73 in 2021[13]. - The total assets at the end of 2022 were ¥17,609,892,841.81, reflecting a 36.59% growth from ¥12,892,115,280.65 at the end of 2021[14]. - The net assets attributable to shareholders increased by 15.16% to ¥7,750,130,778.12 at the end of 2022, compared to ¥6,729,931,946.29 at the end of 2021[14]. - The basic earnings per share for 2022 was ¥1.03, a 49.28% increase from ¥0.69 in 2021[13]. - The company reported a weighted average return on equity of 23.29% for 2022, an increase of 5.54 percentage points from 17.75% in 2021[13]. Dividend Distribution - The company plans to distribute a cash dividend of 3.62 RMB per 10 shares, based on a total of 1,612,547,222 shares[2]. - The company declared a cash dividend of 3.62 CNY per 10 shares, totaling 583,742,094.36 CNY, which represents 100% of the distributable profit[111]. - The total cash dividend, including other methods such as share buybacks, amounts to 793,743,743.25 CNY[111]. Research and Development - The company has a total of 1,434 valid patents, including 630 invention patents, showcasing its strong R&D capabilities[28]. - Research and development expenditure amounted to CNY 939 million, accounting for 4.83% of total revenue, with 40 company-level innovation projects initiated[31]. - The company increased its R&D investment to ¥939,081,347.54 in 2022, a 55.66% increase from ¥603,296,709.05 in 2021, representing 4.83% of total revenue[54]. - The number of R&D personnel rose to 2,537 in 2022, a 10.54% increase from 2,295 in 2021, with a higher proportion of personnel holding bachelor's degrees and above[53]. Market Expansion and Product Development - The company plans to continue its market expansion and product development strategies in the upcoming fiscal year[11]. - The company is focused on expanding its lithium battery production capacity, particularly in small power markets, and aims to enhance product quality and output in electric tools and smart home sectors[74]. - The company is currently developing several new products, including the 21700-50E battery with a discharge capacity of ≥4900mAh and a cycle life of ≥800 times, targeting the electric vehicle and energy storage markets[52]. - The company has established multiple manufacturing bases both domestically and internationally, with overseas operations in India and Vietnam[23]. Risk Management - The company is subject to various risks including macroeconomic, exchange rate, market, and technological factors, which are detailed in the report[2]. - The company emphasizes the importance of risk awareness among investors regarding its future plans and forecasts[2]. - The company faces macroeconomic risks, including global supply chain adjustments and trade disputes, which may impact operations[76]. - Currency fluctuations pose a risk due to the high proportion of export revenue, affecting procurement and sales in foreign currencies[76]. Environmental Responsibility - The company completed 11 environmental impact assessment reports and obtained approval from environmental authorities in 2022[122]. - The company has implemented strict adherence to various environmental protection laws and standards during its operations[122]. - The company achieved a total solar power generation of 50.92 million kWh in 2022, with 28.63 million kWh fed back to the grid, indirectly reducing carbon dioxide emissions by 35,818.98 tons[127]. - The company invested a total of 96.89 million yuan in environmental protection, including 85.27 million yuan for equipment and facility maintenance, and 11.63 million yuan for wastewater discharge fees and environmental taxes[127]. Corporate Governance - The company has three independent directors, accounting for over one-third of the board, ensuring compliance with legal requirements[81]. - The company has established an independent financial accounting department and operates its own bank accounts, ensuring financial independence[83]. - The company has a complete and independent supply, production, and sales system, not relying on the controlling shareholder[83]. - The company received an "A" rating in the 2021 information disclosure assessment by the Shenzhen Stock Exchange[82]. Strategic Initiatives - The company plans to enhance its market position in the magnetic materials sector while accelerating development in the new energy sector[73]. - The company is committed to continuous technological innovation, with a focus on developing new magnetic materials and battery technologies, while enhancing its patent portfolio[75]. - The company has established a performance management model and incentive mechanism for senior management, ensuring alignment of interests between the company, shareholders, and employees[113]. - The company has implemented a long-term incentive plan through an employee stock ownership scheme[106].

Group 1: Company Overview - The company is involved in the production of permanent and soft magnetic materials, with applications in various fields such as speakers, microwaves, energy-efficient appliances, automotive, aerospace, and medical machinery [3][4]. - The company has a production capacity of 150,000 tons for ferrite pre-burned materials, being the largest production base in the country [6]. Group 2: Sales Distribution - Domestic sales account for 60%, while overseas sales make up 40% of the total sales [4]. - In 2014, the company held an 8.1% share of the national soft ferrite market and a 5.7% share of the global market. For permanent ferrite, the shares were 19.1% nationally and 13.6% globally [4]. Group 3: Solar Energy Sector - In 2015, the solar energy sector generated approximately 720 million CNY in sales, with single crystal cell sales contributing about 130 million CNY and multi-crystal cell sales around 320 million CNY [8][9]. - The company anticipates total sales revenue for the solar energy sector to reach 1.7 to 1.8 billion CNY in 2015, with an estimated total production of 730 MW, including 560 MW of cells and 170 MW of components [9]. Group 4: Market Performance and Future Outlook - The magnetic materials market experienced a decline in 2015 compared to 2014, but the solar energy sector's performance exceeded expectations, mitigating the overall impact on the company's financial results [11]. - For 2016, the company expects a reduction in non-operational impacts, stable growth in the magnetic materials sector, and an upward trend in the solar energy sector compared to 2015 [12].

Group 1: Company Overview - The company is called Hengdian Group Dongci Co., Ltd., with stock code 002056 [1] - The investor relations activity took place on January 20, 2016, at the Dongci Building [2][3] Group 2: Major Shareholder and Strategic Support - The major shareholder provides consistent support and has independent investment platforms for strategic deployment [4] - Future projects in new materials and new energy will be implemented through the company's platform [4] Group 3: Growth Potential in Core Business - The company plans to shift from 70% internal use of raw materials to a market-oriented sales model, aiming for a 50-50 split between internal and external sales [5][6] - The soft magnetic materials sector has a revenue of over 600 million, with growth potential in smart appliances and automotive electronics [6] Group 4: Solar Energy and Battery Production - The solar energy sector achieved sales of 1.7-1.8 billion in 2015, with a growth rate exceeding 20% compared to 2014 [7] - The company is developing a small test line for power batteries, with production expected to start in March [7] Group 5: Financial Performance and Market Position - The company anticipates a better performance in 2016 compared to 2015, despite a significant decline in the previous year due to asset impairments [8][9] - The company maintains a stable position in the permanent magnet industry, with expected growth in soft magnetic and solar energy sectors [9][10] Group 6: Future Development Focus - The core focus for future development will be on new materials and new energy [11] - The company recognizes the significant growth potential in the power battery sector, with a projected increase in production and market demand [11][12] Group 7: Competitive Landscape - The company is a leader in the domestic magnetic materials industry, facing limited competition from new entrants [12] - The production of ferrite products is expected to continue to have market space despite competition from neodymium iron boron [13]

Group 1: Company Overview and Strategic Focus - The company is focusing on soft magnetic materials, particularly in automotive electronics and wireless charging markets, with ongoing development for global clients [3] - The company has two production lines for power batteries, with one progressing smoothly while the other requires further adjustments [4] Group 2: Battery Production and Market Dynamics - The company currently only produces battery cells but may consider entering module production in the future, aiming for a comprehensive solution to enhance pricing power [5] - The rapid expansion of battery cell capacity may lead to oversupply by the end of next year, with potential market reshuffling due to subsidy reductions [5][6] - The competitive landscape for battery cells in China is unclear, with technology, consistency, and safety being key competitive advantages rather than just production scale [6] Group 3: Solar Energy Production and Market Strategy - The company is expanding its production of 500MW monocrystalline solar cells and modules, leveraging its cost and technology advantages, with conversion rates of 20.2% for standard and 21.2% for high-efficiency cells [6][7] - The company is strategically avoiding clients in regions with declining electricity subsidies to mitigate market impacts, focusing instead on emerging markets like Europe, Japan, India, and Africa [7][8] - The company has prepared for market fluctuations by establishing a reserve of solar power stations, allowing for flexibility in production based on market conditions [8] Group 4: Competitive Advantages and Future Plans - The company aims for a battery capacity of 2600AH and a cycle life of over 1000 times, with a focus on maintaining over 80% nominal capacity [9] - The company is investing heavily in technology and research for battery materials and structures, exploring various material compositions and new technologies like fuel cells [9][10] - The company adopts a cautious approach to expansion, prioritizing long-term stability over immediate growth, distinguishing itself from faster-growing competitors [10][11]

Company Overview - The company is engaged in the production of magnetic materials, specifically permanent and soft magnetic materials, with applications in various industries including home appliances, automotive, aerospace, and medical machinery [3][4]. Market Performance - The home appliance market has seen a sales decline of approximately 20% as of May 2016, with air conditioning inventory around 35 million units [4]. - The automotive sector experienced a decrease in traditional vehicle exports by about 25% and imports by 20%, while the new energy vehicle market is growing rapidly [4][5]. - Despite market downturns, the company's permanent magnetic ferrite division maintained a high operating rate of over 95%, with sales revenue stable compared to the previous year [5]. Product Applications - Permanent magnetic ferrite is primarily used in home appliances and automotive applications, while soft magnetic ferrite is utilized in consumer electronics, communication, automotive electronics, and new energy applications [5]. - The company holds a 90% market share in the microwave oven segment, indicating a dominant position [7]. Competitive Landscape - There is minimal substitution between neodymium iron boron and permanent magnetic ferrite due to differences in raw materials, cost, and application areas. Neodymium iron boron is significantly more expensive, being nearly ten times the cost of ferrite [6][7]. - The company competes effectively with international firms like TDK, boasting superior revenue and profitability compared to domestic peers [15]. Solar Energy Sector - The solar energy division has been operating at full capacity since late 2015, with a conversion efficiency of 20.2% for standard monocrystalline cells and 21.2% for high-efficiency cells [9][10]. - The company has strategically avoided high-risk clients in regions with fluctuating electricity subsidies and is expanding into international markets such as Europe, Japan, India, and Africa [10]. Financial Projections - The company has invested over 400 million CNY in the development of its power battery segment, projecting future revenues of 1.2 to 1.3 billion CNY and a net profit exceeding 100 million CNY [11]. Sales and Production Strategy - The company primarily employs a direct sales model with a production cycle typically under three months, ensuring high turnover rates [12][13]. - International sales account for over 30% of total sales, with a focus on expanding in established and emerging markets [14]. Management and Employee Engagement - The company implemented an employee stock ownership plan in June 2015, involving 49 employees, including board members and key personnel, with a share price of 22.46 CNY per share [16].

Group 1: Company Overview and Market Position - The company is the largest producer of magnetic materials in China, with an annual production capacity of 150,000 tons of ferrite pre-burned materials, 120,000 tons of permanent magnetic ferrite, and 25,000 tons of soft magnetic ferrite [3] - In 2015, the company sold 96,800 tons of permanent magnetic ferrite, accounting for approximately 18.62% of the national total, and 16,000 tons of soft magnetic ferrite, accounting for about 7.62% of the national total [3] - The company has established a strong R&D platform, being the first in the magnetic materials industry to set up a postdoctoral research station [5] Group 2: Product Development and Market Strategy - The company focuses on enhancing the market share of high-end products in the permanent magnetic ferrite sector and expanding into motor casing and stator products [6] - In the soft magnetic ferrite sector, the company aims to improve technologies for nickel-zinc, iron powder cores, and iron-silicon-aluminum materials while considering downstream expansion [6] Group 3: Solar Energy Business Performance - In January 2016, the company reported nearly 200 million yuan in sales, with a slight decrease in February due to the Spring Festival [7] - The company plans to invest in 500MW of high-efficiency monocrystalline solar cells and 500MW of high-efficiency modules, with new facilities expected to be completed by July 2016 [8] Group 4: Future Projections and Investments - The company forecasts a total sales revenue of 4.491 billion yuan and a net profit of approximately 360 million yuan for 2016, accounting for about 70 million yuan in employee stock payment costs [12] - The company is also preparing to invest in energy storage projects, with around 100 MW of solar power stations currently in reserve [14]

Group 1: Company Overview and Market Position - The company, Hengdian Group Dongci Co., Ltd., is involved in the production of permanent magnetic materials and has seen a slight increase in market share despite market fluctuations [5]. - In 2015, the company faced challenges due to a decline in the air conditioning and automotive markets, but it is expected that 2016 will show improvement over 2015 [5]. - The company anticipates a sales revenue and profitability growth in 2016 compared to the previous year [5]. Group 2: Product Pricing and Market Dynamics - The price of praseodymium and neodymium oxide significantly impacts the company's neodymium-iron-boron products, with a price drop in 2015 adversely affecting performance [6]. - The company expects the price of praseodymium and neodymium oxide to stabilize and potentially rise due to demand from new industries such as electric vehicles [6]. - The return of permanent magnetic materials to the market is contingent upon the pricing of neodymium-iron-boron [7]. Group 3: Strategic Partnerships and Product Development - The soft magnetic division is closely linked to new energy clients, including collaborations with Apple and Tesla in wireless charging and electric vehicle components [8]. - The company has established a significant customer base in the soft magnetic sector, with around 600-700 clients [8]. - The company aims to leverage its expertise in power control systems to enhance its product offerings in the soft magnetic materials market [8]. Group 4: Financial Performance and Projections - The company projects a 30-50% year-on-year growth in revenue for the first quarter of 2016, with overall performance expected to be optimistic despite global economic uncertainties [11]. - The anticipated sales revenue for the new energy battery sector is projected to be between 250-280 million RMB, with a goal of breaking even [20]. - The company plans to maintain full production capacity in the first half of 2016, with expectations of increased profitability [11]. Group 5: Future Expansion and Market Strategy - The company is entering the ternary lithium battery market, with a production line expected to yield qualified products by mid-2016 [12]. - The market for power battery materials is projected to reach a trillion RMB, driven by rapid growth in demand for electric vehicles [12]. - The company plans to focus on product technology improvement and cost reduction to maintain a competitive edge in the market [13]. Group 6: Challenges and Risk Management - The company acknowledges the risk of overcapacity in the battery market and emphasizes the importance of product differentiation and technological advancement [13]. - The company is currently in the testing phase for its battery products, with a focus on meeting industry standards and customer requirements [15]. - The management is committed to reducing operational costs and improving efficiency through streamlined processes and experienced personnel [24].

Group 1: Financial Performance - The gross profit margin for the solar industry in 2016 was approximately 5 percentage points higher than in 2015, while the soft magnetic ferrite industry saw an increase of about 2 percentage points [3] - In Q1 2017, the company's performance declined by 35% year-on-year, primarily due to the significant price increase of polysilicon materials and a decrease in terminal prices [4] - The solar photovoltaic industry experienced a substantial increase in shipment volume in Q1 2017 compared to 2016, but overall profitability was lower due to rising raw material costs and market price declines [12] Group 2: Market Development - The company has launched a project to produce 100 million units of 18650 high-capacity lithium-ion batteries, which is currently in production. However, it is facing monthly losses while actively seeking market opportunities [5] - The demand for 18650 batteries is significant, with companies like Black & Decker using approximately 250 million units annually in power tools, indicating a potential market gap [6] - The company is focusing on expanding its wireless charging products, recognizing the trend and actively engaging with domestic and international manufacturers [7] Group 3: Product Advantages - The company's lithium battery capacity density can reach 2600mAH with an internal resistance below 20, outperforming the market average of 2400mAH and an internal resistance of around 25 [10] - The company emphasizes cost control and product performance, aiming to maintain safety and consistency while excelling in energy density and internal resistance compared to competitors [10] Group 4: Strategic Acquisitions - The company is considering acquiring Zhaojing Co., which specializes in iron-based amorphous alloy materials, but has received warnings regarding potential patent infringement issues from competitors [9] Group 5: Industry Trends - The company sees growth potential in both neodymium-iron-boron and ferrite materials, with applications in electric vehicles, robotics, and home appliances [6] - The solar industry is expected to have cyclical profitability, influenced by market attention and raw material availability, with the company aiming to leverage its production advantages [11]