证券代码： 002340 证券简称：格林美 格林美股份有限公司投资者关系活动记录表 编号：20230512 | 投资者关系活动 | □特定对象调研 □ 分析师会议 | | --- | --- | | 类别 | □ 媒体采访 业绩说明会 √ | | | □ 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 | | 活动参与人员 | 安信证券：周喆、覃晶晶；财通证券：张生、张磊；长江证券： | | | 肖百桓；东北证券：陈纬国；东海证券：周啸宇、张帆远；东方 | | | 证券：张杨；东财证券：李治、周筱芸；大和资本：Bintuo；国 | | | 金证券：李超、李蓉、胡媛媛；高盛：张妍；国君证券：徐强、 | | | 牟俊宇、张明睿、张京辉、邵潇、马沁芳；广发证券：王乐、冯 | | | 仲华、胡加琪；东吴证券：阮巧燕、岳思瑶、郭元方；海通证券： | | | 陈先龙、甘嘉尧、戴元灿、余玫翰；华创证券：王佳怡；国盛证 | | | 券：马越；华福证券：汪磊；花旗银行：冯景山；华泰证券：李 | | | 斌、马晓晨；民生证券：赵丹；摩根大通：刘昕、李翠研；惟知 | | | 资产管 ...

格林美股份有限公司 关于举行2022年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 二、征集问题 证券代码：002340 证券简称：格林美 公告编号：2023-032 为使广大投资者进一步了解公司2022年年度经营情况，格林美股份有限公司 （以下简称"公司"）将举办2022年度网上业绩说明会，现将有关事项公告如下： 一、业绩说明会的具体安排 1、召开时间：2023年5月12日（星期五）15:00-17:00 2、召开方式：本次年度业绩说明会将采用视频直播加网络远程互动的方式 举行，投资者可登录"全景·路演天下"（http://rs.p5w.net）参与本次说明会。 3、出席人员：公司董事长兼总经理许开华先生，副总经理张宇平先生，副 总经理兼财务总监穆猛刚先生，副总经理张坤先生，副总经理兼董事会秘书潘骅 先生。 为充分尊重投资者、提升交流的针对性，现就公司2022年度业绩说明会提前 向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可通过访问全景 网（http://ir.p5w.net/zj/）或扫描下方二维码进入问题征集专题页面 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥6,128,599,637.93, a decrease of 12.03% compared to the same period last year[3] - Net profit attributable to shareholders was ¥172,449,771.10, down 48.01% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥87,458,646.91, a decline of 72.53% compared to the previous year[3] - The total profit for Q1 2023 was ¥270,020,250.27, a decrease of 38% from ¥435,370,746.28 in the previous year[19] - The company reported a total comprehensive income of ¥107,425,450.23, down from ¥343,741,079.05 in the same quarter last year[19] - Basic and diluted earnings per share for Q1 2023 were both ¥0.03, compared to ¥0.07 in Q1 2022[19] - Net profit for Q1 2023 was ¥236,392,180.70, down 32.7% from ¥351,393,170.42 in Q1 2022[19] Cash Flow - The net cash flow from operating activities improved by 83.34%, amounting to -¥358,713,655.61[3] - Cash received from sales and services amounted to CNY 6,128,456,939.08, an increase from CNY 5,992,058,726.29 in the previous period, reflecting a growth of approximately 2.27%[21] - Operating cash inflow totaled CNY 6,605,734,741.24, compared to CNY 6,265,008,167.21 in the prior year, indicating an increase of about 5.43%[21] - Net cash flow from operating activities was negative at CNY -358,713,655.61, an improvement from CNY -2,153,581,561.83 in the same period last year[21] - Cash inflow from investment activities was CNY 101,512,413.03, significantly higher than CNY 13,176,647.56 in the previous year[21] - Net cash flow from investment activities was CNY -1,223,044,980.80, worsening from CNY -899,111,573.61 year-over-year[21] - Cash inflow from financing activities totaled CNY 3,149,754,175.36, down from CNY 5,143,961,040.12 in the previous year, representing a decrease of approximately 38.73%[22] - Net cash flow from financing activities was CNY 478,621,161.10, a significant decline from CNY 2,896,711,486.45 in the same quarter last year[22] - The ending balance of cash and cash equivalents was CNY 4,099,553,446.75, compared to CNY 3,043,121,461.34 at the end of the previous year, showing an increase of about 34.73%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥43,976,016,022.96, a slight decrease of 0.35% from the end of the previous year[3] - The total assets at the end of the first quarter of 2023 amounted to CNY 22,593,128,257.47, an increase from CNY 22,084,765,740.65 at the beginning of the year[16] - Current assets totaled CNY 21,382,887,765.49, down from CNY 22,044,841,659.78 at the start of the year, indicating a decrease of approximately 3%[16] - The total liabilities decreased to CNY 22,951,346,524.01 from CNY 23,258,111,918.45, a reduction of about 1.3%[17] - The total equity increased to CNY 21,024,669,498.95 from CNY 20,871,495,481.98, showing an increase of approximately 0.7%[17] Production and Sales - In Q1 2023, the company produced over 1,540 tons of cobalt, but the overall production of cobalt decreased by nearly 70% compared to the same period last year, resulting in a profit decline of 118 million RMB[12] - The company sold 23,863 tons of precursor materials in Q1 2023, a year-on-year decrease of 22%, but plans to achieve over 45,000 tons in Q2 2023 to recover from the decline[12] - The Indonesian nickel resource project achieved a shipment of over 4,500 tons of metal nickel in Q1 2023, generating sales revenue of 83.35 million USD with a gross margin exceeding 30%[13] - The company plans to recover 35,000 tons of power batteries in 2023, aiming for sales revenue exceeding 2 billion RMB, with a year-on-year profit growth of 317% in Q1 2023[14] Investments and Future Plans - The company received government subsidies amounting to ¥41,019,556.13, contributing to other income growth of 150.21% year-on-year[6] - Investment income increased significantly by 621.76% due to the disposal of part of the equity in an associated enterprise[6] - Cash received from investment recoveries rose by 885.91%, primarily from the disposal of equity interests[6] - The company plans to increase investment in fixed assets, with cash payments rising by 30.42% due to projects in Indonesia and Jiangsu[7] - A memorandum was signed with Mercedes-Benz China and CATL to establish a battery recycling project, aiming to create a closed-loop recycling model for battery materials[15] - The company is expanding its nickel resource project capacity to 150,000 tons per year, with the second phase of the project under rapid construction[14] - The company plans to establish a joint venture in South Korea for a new generation of high-nickel multi-element precursor manufacturing with a capacity of 43,000 tons per year[15] - The company aims to achieve a precursor production capacity of 500,000 tons by 2026, focusing on maintaining market share in the U.S. and Europe[15] - The company’s nickel resource project is expected to contribute significantly to profit growth in 2023, with a total shipment target of 26,300 tons of metal nickel[14] - The company’s Q1 2023 net profit from battery recycling reached a record high, driven by a 149% increase in sales revenue[14]

Group 1: Company Overview and Strategic Partnerships - Greenme has signed a cooperation agreement with Zhongzhi, which will provide financial support for mergers and acquisitions [4] - The company has established or is constructing three scrapped vehicle processing bases [4] - Greenme aims to attract strategic investors by not requiring 100% ownership of every industrial park [5] Group 2: Financial Performance and Future Prospects - Greenme is entering a profit release period in the coming years, primarily due to previous investments in rare metals and battery materials [5] - The full capacity release of Greenme's five processing bases is expected to be a significant growth point in the next 2-3 years [6] - The company is focusing on a three-pronged profit model involving scrapped vehicles, rare metals, and battery materials [6] Group 3: Market Competition and Challenges - Greenme faces significant competition in electronic waste and scrapped vehicle processing [6] - The company has advanced technology and is prepared to handle the expansion of electronic waste processing [6] - The lack of strong regulatory enforcement regarding environmental entry barriers creates an unbalanced cost competition between formal and informal enterprises [8] Group 4: Revenue Models and Environmental Commitment - Greenme's revenue model includes extended producer responsibility, where fees will be charged for waste processing [8] - The company emphasizes that environmental protection is a core pursuit, balancing profit motives with public welfare [8] - Currently, the main revenue source is from recycling, while the extended producer responsibility model requires joint efforts from the government and enterprises [8] Group 5: Regulatory Developments - The expansion of electronic waste processing will increase from 5 items to 37 items, including various household and office equipment [9]

Group 1: Company Overview and Activities - Greenmei Co., Ltd. is involved in the recycling of waste batteries, electronic waste, and scrap vehicles, with a focus on resource recovery and sustainable practices [2][3][4]. - The company has established multiple recycling plants across China, including locations in Wuhan, Jingmen, and Jiangxi [3][4]. - Greenmei's core business includes battery materials, electronic waste dismantling, and scrap vehicle processing [6][7]. Group 2: Market Trends and Opportunities - The market for battery materials is expected to grow significantly, with projections indicating that by 2020, over 5 million electric vehicles will require charging infrastructure [4]. - The demand for battery materials is anticipated to increase, with positive trends in the use of lithium-ion batteries for consumer electronics and electric vehicles [4][5]. - The company aims to expand its production capacity for battery materials to meet the expected surge in demand, particularly for ternary materials [7][8]. Group 3: Competitive Advantages - Greenmei has developed a complete industrial chain for battery materials, with a production capacity of 15,000 tons for battery material precursors [4][5]. - The company holds a 30% market share in cobalt oxide and has established partnerships with major players like Samsung SDI to enhance its market presence [5][6]. - Advanced technology and a robust recycling network provide Greenmei with a competitive edge in the industry, ensuring a stable supply of raw materials [8][9]. Group 4: Strategic Collaborations - Greenmei collaborates with BYD on energy storage projects, leveraging each other's strengths in battery technology and recycling [5][6]. - The partnership focuses on optimizing energy costs through the use of energy storage systems, which can significantly reduce operational expenses for industrial clients [6][7]. Group 5: Future Plans and Risk Management - The company plans to expand its electronic waste processing capabilities and enhance its recycling operations in western and northern China [6][7]. - Greenmei is also exploring the development of a comprehensive online and offline recycling system to improve waste collection and processing efficiency [9][10]. - To mitigate risks associated with fluctuating metal prices, Greenmei employs hedging strategies and focuses on increasing the value-added processes in its operations [9].