Financial Performance - The company's operating revenue for Q1 2025 was ¥1,536,810,796.36, a decrease of 17.03% compared to ¥1,852,261,462.25 in the same period last year[5] - Net profit attributable to shareholders increased by 452.32% to ¥82,464,357.86 from ¥14,930,491.80 year-on-year[5] - The net profit after deducting non-recurring gains and losses surged by 786.72% to ¥68,604,316.94 from ¥7,736,844.18 in the previous year[5] - Basic and diluted earnings per share rose by 450.00% to ¥0.0715 from ¥0.013 in the same quarter last year[5] - The net profit for Q1 2025 was ¥58,214,600.00, a substantial increase of 741.42% compared to the previous year[12] - Net profit increased significantly to ¥58,214,648.70 from ¥6,918,610.57, marking an increase of approximately 740%[30] - Earnings per share rose to ¥0.0715 from ¥0.013, reflecting a substantial improvement in profitability[30] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 180.61% to -¥543,253,527.15, compared to ¥673,952,519.82 in the previous year[5] - The net cash flow from operating activities was -543,253,527.15, compared to 673,952,519.82 in the previous period, indicating a significant decline[32] - Cash outflow for operating activities totaled 1,907,814,423.45, significantly higher than 817,985,712.97 in the previous period, indicating increased operational expenses[32] - The ending balance of cash and cash equivalents was 1,650,166,094.28, down from 3,666,505,333.93, reflecting a decrease in liquidity[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥14,069,859,918.99, a slight increase of 0.09% from ¥14,057,649,304.08 at the end of the previous year[5] - The company's total assets amounted to approximately RMB 14.07 billion, showing a slight increase from RMB 14.06 billion at the beginning of the period[23] - The company's current assets totaled approximately RMB 7.53 billion, a decrease from RMB 7.59 billion at the beginning of the period, primarily due to changes in cash and cash equivalents[24] - The total liabilities decreased to ¥3,164,250,971.62 from ¥3,260,277,892.31, a reduction of approximately 3%[28] - Total equity increased to ¥10,905,608,947.37 from ¥10,797,371,411.77, showing an increase of about 1%[28] Investments and Shareholder Information - The company plans to raise up to RMB 1.5 billion through a private placement for the construction of a 50,000-ton battery-grade lithium hydroxide and 11,000-ton lithium chloride project[18] - The company has received approval from the China Securities Regulatory Commission for a private placement of up to 28.7 million new shares[18] - The actual number of shares issued in the private placement was 107,066,381 shares, raising approximately RMB 1.5 billion[18] - Major shareholder Zheng Rong holds 10.20% of shares, totaling 117,519,340 shares[15] - The top ten shareholders include China Life Insurance Company with 1.35% of shares, totaling 15,546,339 shares[15] - The company has a total of 29,379,835 unrestricted shares held by major shareholder Zheng Rong[16] - The company is focused on enhancing its market position through strategic investments in lithium-related projects[18] Research and Development - Research and development expenses increased to ¥15,114,083.86 from ¥11,878,500.18, an increase of approximately 27%[29] Tax and Other Income - The company experienced a 380.67% increase in taxes and surcharges, amounting to an additional ¥25,440,800.00, due to increased sales from its subsidiary[10] - The company reported an investment income of ¥11,605,880.74 compared to a loss of ¥8,586,992.79 in the previous period[29] - Other comprehensive income after tax increased to ¥15,695,480.30 from ¥8,944,664.15, reflecting a growth of approximately 75%[30] Share Repurchase Plans - As of October 31, 2022, the company repurchased 10,000,054 shares at a total cost of approximately RMB 264.29 million, representing 0.87% of the total share capital, with a maximum price of RMB 26.95 per share[20] - The company plans to repurchase shares in 2024 with a total fund of no less than RMB 100 million and no more than RMB 200 million, focusing on enhancing investor confidence and maintaining shareholder interests[22] Inventory and Receivables - The company's inventory increased to approximately RMB 1.84 billion from RMB 1.65 billion, indicating a growth of about 12%[25] - The company’s accounts receivable rose to approximately RMB 1.08 billion from RMB 938.94 million, indicating an increase of about 15%[25]

Financial Performance - The company's revenue for 2024 was CNY 7,715,676,240.38, a decrease of 35.14% compared to CNY 11,895,256,904.92 in 2023[22]. - Net profit attributable to shareholders increased significantly to CNY 257,114,987.03, up 539.36% from CNY 40,214,723.47 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was CNY 163,981,420.38, a 176.55% increase from a loss of CNY 214,207,963.02 in 2023[22]. - Operating cash flow net amount reached CNY 943,716,955.53, reflecting a 13.60% increase from CNY 830,758,171.23 in 2023[22]. - Basic earnings per share rose to CNY 0.2231, a 539.26% increase compared to CNY 0.0349 in the previous year[22]. - The total operating revenue for 2024 is CNY 7,715,676,240.3, representing a decrease of 35.14% compared to CNY 11,895,256,904 in 2023[115]. - The lithium business revenue decreased by 50.40% to CNY 4,116,052,844.8, accounting for 53.35% of total revenue in 2024[115]. - The civil explosives business revenue decreased by 3.95% to CNY 3,262,639,458.0, representing 42.29% of total revenue[115]. - The transportation business revenue increased by 68.13% to CNY 336,983,937.54, accounting for 4.37% of total revenue[115]. Dividend and Shareholder Information - The profit distribution plan approved by the board is to distribute a cash dividend of 0.4 yuan (including tax) for every 10 shares based on a total of 1,152,562,520 shares[3]. - The company ensures the accuracy and completeness of the annual report, with all board members present for the meeting[3]. - The annual report is set to be released on April 28, 2025, detailing the company's financial performance for 2024[1]. Asset and Liability Management - Total assets at the end of 2024 were CNY 14,057,649,304.08, a decrease of 3.78% from CNY 14,609,154,982.39 at the end of 2023[22]. - The company's net assets attributable to shareholders increased slightly to CNY 10,424,373,011.51, up 0.83% from CNY 10,339,070,204.04 in 2023[22]. - The company maintains a low debt-to-asset ratio, ensuring sustainable development[112]. Industry Trends and Market Conditions - The company has seen a significant increase in the lithium industry due to supportive government policies, with a focus on enhancing innovation and global collaboration[32]. - The government plans to increase subsidies for the scrapping of old vehicles, raising the subsidy for scrapping old electric vehicles to 20,000 yuan[32]. - The company anticipates a 25% increase in energy equipment investment by 2027 compared to 2023, driven by new policies[32]. - The lithium industry is currently in a downward cycle with oversupply, leading to continuous pressure on lithium carbonate prices and widespread losses among companies[175]. - The company faces risks from macroeconomic instability and industry cyclicality, impacting its global expansion strategy and profitability in the lithium sector[186]. Production and Sales Performance - The company reported a quarterly revenue of CNY 1,852,261,462.25 in Q1, CNY 2,083,562,912.89 in Q2, CNY 1,988,620,484.57 in Q3, and CNY 1,791,231,380.67 in Q4[26]. - The company reported a net profit of 93,133,566.65 in 2024, a decrease of 63.4% compared to 254,422,686.49 in 2023[29]. - The company recorded a gain from the disposal of non-current assets of 7,934,585.77 in 2024, compared to a loss of 1,269,985.88 in 2023[28]. - The effective hedging business generated a profit of 48,115,274.87 in 2024, a substantial increase from 6,505,280.24 in 2023[28]. - In 2024, the company's lithium product sales reached 48,036 tons, representing a year-on-year increase of 63.40%[91]. - The company achieved a revenue of 7.716 billion yuan, a year-on-year decrease of 35.14%, while net profit attributable to shareholders rose to 257 million yuan, an increase of 539.36%[95]. Research and Development - The company obtained 65 patent authorizations, including 13 invention patents and 52 utility model patents, bringing the total to 693 patents by the end of 2024[99]. - Research and development expenses decreased by 52.42% from ¥153,653,077.39 in 2023 to ¥73,103,493.55 in 2024 due to the completion of certain R&D projects[138]. - The number of R&D personnel increased by 1.30% to 781 in 2024 from 771 in 2023[141]. - The company aims to achieve a lithium recovery rate of ≥90% from waste liquid in its lithium battery material recovery process[doc id='139']. Safety and Compliance - The company has established a comprehensive safety management system, ensuring effective implementation of safety responsibilities across all levels[123]. - The safety management framework includes a core safety management system and various safety regulations to enhance operational safety[123]. - The company has not experienced any major safety incidents during the reporting period, maintaining a stable safety situation[126]. - Safety management is a priority, with the company implementing strict safety protocols and investing in smart manufacturing to reduce risks associated with hazardous materials[192]. Strategic Initiatives - The company is actively participating in the development of new energy vehicles, with policies encouraging the establishment of R&D centers overseas to enhance innovation capabilities[32]. - The company plans to actively participate in industry mergers and acquisitions to expand its scale and maintain its competitive position in the civil explosives market[177]. - The company aims to enhance human resource management, focusing on talent development and optimizing HR systems to improve efficiency[183]. - A digital transformation initiative will be implemented to strengthen information management and enhance cybersecurity measures[184].

各位领导晚上好我是开源化工作的李思佳今天在这里主要是介绍一下我们近期非常看好的雅化集团的这个公司的基本情况我们也是在二月底刚刚发布了公司的首次覆盖报告 那另外对于公司的锂这个板块来看的话,随着公司它未来的2025年金马布韦那边矿山运回锂矿的一个自给率原料自给率的提升,以及公司23年和24年前三季度去陆续进行的 库存的简直具体,那未来的话随着这个简直的完成,进入一个随行就事的正常经营,以及这个自给率提升带来的利润提升,我们觉得公司里沿这边在2025年会有一个比较大的向上的利润弹性。 那后面我就来分别的介绍一下公司的情况。首先是第一部分,公司整体的一个情况介绍。现在的话,公司已经形成了理研和民报双主业去联动发展的一个业务模式。 从公司的历史来看公司是最早是以民报业务去起家的它的前身是四川雅安化工厂就最早就是来去生产这些民报产品的那在2003年到2012年期间公司也是陆续的去收购了绵阳实业三台化工以及内蒙科达包头资胜等一些其他的民报行业的公司在夯实了公司在四川这个大本营的 占有率的基础上,也是去陆续的布局了内蒙等一些其他地方的一些新的城市的布局。那到了2013年的时候,公司也是去作为中国民报行业的首次跨国并购,去在 ...

证券代码：002497 证券简称：雅化集团 公告编号：2025-12 四川雅化实业集团股份有限公司 关于继续使用部分闲置募集资金进行现金管理的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 2 | 序 | 受托 | | | 金额 | | | | | | 是否 | 投资收益 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 号 | 银行 | | 产品名称 | （万 | 起息日期 | | | 到期日期 | | 到期 | （元） | | | | | | 元） | | | | | | | | | 26 | 中国 | （四川）对公结构 | | 3,000 | 2025 年 | 4 | 月 3 | 2025 4 | 年 | 否 | —— | | | 银行 | 性存款 202505827 | | | 日 | | | 月 24 | 日 | | | 公司董事会于 2024 年 4 月 25 日召开的第五届董事会第三十五次会议和第五届监事会第 三十二次会议审议通过了 ...

证券代码：002497 证券简称：雅化集团 四川雅化实业集团股份有限公司投资者关系活动记录表 编号：20250327 投资者关 系活动类 别 特定对象调研 分析师会议 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） 参与单位 名称及人 员姓名 3 月 26 日： 华源证券：田源、田庆争 富国基金：刘莉莉、王建润 3 月 27 日： 海通证券：马天一 华夏基金：时赟凯 大成基金：袁庆龙、戴军 嘉实基金：孙帅 华安基金：陈泉宏 兴全基金：吴钰铮 景顺长城基金：王卫秦 百年保险：别依田 龙蟒集团：黄博 时间 2025 年 3 月 26 日、3 月 27 日 地点 雅化锂业（雅安）有限公司、四川雅化实业集团股份有限公司会议室 上市公司 接待人员 姓名 雅化集团：董事会秘书郑璐、证券事务代表张龙艳、投资者关系管理黄国城 雅安锂业：总经理董兴旺、副总经理雷浪 一、雅安锂业介绍 （一）公司简介 雅安锂业于 2017 年设立，专业从事氢氧化锂、碳酸锂、元明粉的生产和销售。 雅安锂业生产线拥有行业领先的生产技术和制造装备，全程实现产线自动化、生产 智能化、管理信息化，有效提升生产效率、降低 ...

编号：20250319 投资者关 系活动类 别 特定对象调研 分析师会议 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） 参与单位 名称及人 员姓名 国海证券：李永磊、董伯骏、李娟廷 华夏基金：武轶男 博时基金：高鑫、赵耀、弓琛 财通基金：张玉龙 长城基金：程书峰 兴全基金：李楠竹 景顺长城：张飞鹏 和谐汇一：王成强 玖金基金：苏将 时间 2025 年 3 月 19 日 地点 四川雅化实业集团股份有限公司会议室 上市公司 接待人员 姓名 董事会秘书：郑璐 证券事务代表：张龙艳 证券代码：002497 证券简称：雅化集团 四川雅化实业集团股份有限公司投资者关系活动记录表 一、公司双主业介绍 （一）锂产业介绍 公司于 2013 年通过参股国理公司进入锂产业，专业从事锂矿山开采、锂资源 采购、产品研发、生产制造、销售与贸易。目前拥有四川李家沟锂矿和优质的津巴 布韦卡玛蒂维锂矿两个锂矿山；三个高品质的锂盐产品生产基地，即雅安锂业、四 川国理、兴晟锂业；与 Pilbara、DMCC、Atlas 等多个矿产资源签署了包销协议，为 公司锂产业提供了稳定的锂资源保障。公司将在锂业资源端、 ...

证券代码：002497 证券简称：雅化集团 公告编号：2025-11 四川雅化实业集团股份有限公司 关于 2025 年员工持股计划非交易过户完成的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 本员工持股计划实际参与人数为 57 人，实际出资总额为 6,440.0348 万元，以"份" 四川雅化实业集团股份有限公司（以下简称"公司"）分别于 2025 年 1 月 16 日、 2025 年 2 月 13 日召开第六届董事会第五次会议和第六届监事会第四次会议、2025 年第 一次临时股东大会，审议通过了《关于审议公司<2025 年员工持股计划（草案）>及其摘 要的议案》《关于审议公司<2025 年员工持股计划管理办法>的议案》和《关于提请股东大 会授权董事会办理公司 2025 年员工持股计划相关事宜的议案》，同意公司实施 2025 年员 工持股计划（以下简称"本员工持股计划"）。具体内容详见公司分别于 2025 年 1 月 17 日和 2025 年 2 月 14 日在巨潮资讯网（www.cninfo.com.cn）披露的相关公告。 一、本员工持股计划股票来源 ...

证券代码：002497 证券简称：雅化集团 公告编号：2025-10 四川雅化实业集团股份有限公司 2025 年员工持股计划第一次持有人会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 一、持有人会议召开情况 四川雅化实业集团股份有限公司（以下简称"公司"）2025 年员工持股计划（以下简 称"员工持股计划"或"本员工持股计划"）第一次持有人会议于 2025 年 3 月 17 日以通 讯方式召开，会议由公司董事会授权董事会秘书郑璐女士召集和主持，本次会议应出席 持有人 57 人，实际出席持有人 57 人，代表 2025 年员工持股计划份额中 6,440.0348 万 份，占公司 2025 年员工持股计划总份额的 100%。本次会议的召集、召开和表决程序符 合公司《2025 年员工持股计划（草案）》和《2025 年员工持股计划管理办法》的相关规 定。参与本员工持股计划的董事及高级管理人员自愿放弃其在持有人会议的提案权、表 决权，并承诺不担任本员工持股计划管理委员会的任何职务。上述董事及高级管理人员 代表员工持股计划份额 1,932 万份，未参与本次会 ...

四川雅化实业集团股份有限公司 关于继续使用部分闲置募集资金进行现金管理的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 公司董事会于 2024 年 4 月 25 日召开的第五届董事会第三十五次会议和第五届监事会第 三十二次会议审议通过了《关于继续使用部分闲置募集资金进行现金管理的议案》，同意公 司在保证募投项目资金需求和有效控制投资风险的情况下，继续使用不超过 5 亿元暂时闲置 募集资金进行现金管理，投资期限不超过 12 个月，该额度自董事会审议通过的投资期限内可 循环滚动使用。（具体内容详见公司于 2024 年 4 月 26 日在《证券时报》《上海证券报》《中 国证券报》《证券日报》和巨潮资讯网（www.cninfo.com.cn）上披露的《关于继续使用部分 闲置募集资金进行现金管理的公告》）。 证券代码：002497 证券简称：雅化集团 公告编号：2025-09 3 （一）理财产品一 1、产品名称：（四川）对公结构性存款 202504951； 2、投资及收益币种：人民币； 3、产品类型：保本浮动收益型； 4、产品规模：3,000 万元； 5、产品 ...

证券代码：002497 证券简称：雅化集团 四川雅化实业集团股份有限公司投资者关系活动记录表 编号：20250312 投资者关 系活动类 别 特定对象调研 分析师会议 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） 参与单位 名称及人 员姓名 Macquarie Capital：员夏辉 Perpetual:Liam Farlow Alphinity:Stephane Andre Tyndall:Jason Kim Arrow Capital:Anthony Skotniki Drummond Knight Asset Management:Kenneth Wong 中金公司：严蓓娜、李唐懿 华福证券：周丹露 天弘基金：余然 时间 2025 年 3 月 12 日 地点 四川雅化实业集团股份有限公司会议室 上市公司 接待人员 姓名 董事会秘书：郑璐 证券事务代表：张龙艳 一、公司基本情况介绍 公司自 1952 年成立以来先后收购多家民爆及锂业公司，公司旗下现有 70 余家 全资和控股子公司，产业分布在中国四川、内蒙、山西、吉林等地，以及新西兰、 澳大利亚、津巴布韦等国家。公司 ...