证券代码：300477 证券简称：合纵科技 北京合纵科技股份有限公司投资者关系活动记录表 编号：20210518-02 | --- | --- | --- | |---------------------------|----------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | ■ 特定对象调研 | □ 分析师会议 | | 投资者关系活 | □ 媒体采访 | □ 业绩说明会 | | 动类别 | ...

证券代码：300477 证券简称：合纵科技 北京合纵科技股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------------|---------------------------------------------------------|-------------------------------------------------------------------------------| | | | 编号： 20210615-01 | | | ■ 特定对象调研 | □ 分析师会议 | | | □ 媒体采访 | □ 业绩说明会 | | 投资者关系活 动类别 | □ 新闻发布会 | □ 路演活动 | | | | | | | □ 其他 | | | | ■ 现场参观 | | | | 中国平安 张良、中国平安 | 徐智翔、长江证券 马军、长江证券 | | 参与单位名称 及人员姓名 | 叶之楠、建信基金 建信基金 陶灿、建信基金 | 蒋超、建信基金 朱运、建信基金 田元泉、 黄子凌 | | 时间 地点 | 2021-06-15 湖南.长沙 . 雅城工业 ...

1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 北京合纵科技股份有限公司 2022 年第三季度报告 证券代码：300477 证券简称：合纵科技 公告编号：2022-142 北京合纵科技股份有限公司 2022 年第三季度报告 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。 重要内容提示： 3.第三季度报告是否经过审计 □是 否 1 北京合纵科技股份有限公司 2022 年第三季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 614,125,477.37 | 7.14% | 2, ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,514,882,017.21, representing a 35.49% increase compared to ¥1,118,094,641.14 in the same period last year[21]. - The net profit attributable to shareholders was ¥98,682,313.41, a significant increase of 113.49% from ¥46,223,763.95 in the previous year[21]. - The net profit after deducting non-recurring gains and losses reached ¥101,707,832.95, up 163.38% from ¥38,616,150.07 year-on-year[21]. - The basic earnings per share increased to ¥0.09, an 80.00% rise compared to ¥0.05 in the same period last year[21]. - The company reported a net cash flow from operating activities of -¥224,563,310.29, an improvement of 18.32% from -¥274,941,011.59 in the previous year[21]. - The company's revenue for the reporting period was approximately CNY 1.515 billion, a year-on-year increase of 35.49% compared to CNY 1.118 billion in the same period last year[67]. - The company reported a significant increase in sales of lithium-ion battery materials, with revenue of CNY 899,545,668, up 56.64% year-on-year[70]. - The company reported a total comprehensive income of CNY 126,440,300.05 for the first half of 2022, compared to CNY 51,635,274.81 in the previous year[188]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥5,465,101,937.81, reflecting a 7.08% increase from ¥5,103,659,095.61 at the end of the previous year[21]. - The company's total assets as of June 30, 2022, were ¥3,837,140,493.21, slightly down from ¥3,903,402,318.54 at the beginning of the year[185]. - The company's total liabilities decreased to ¥2,634,145,095.17 from ¥2,768,872,753.94, a decline of 4.9%[184]. - The company's total liabilities included short-term loans of CNY 973,500,000, which accounted for 17.81% of total liabilities, an increase from 14.04% at the end of the previous year[75]. - The company's total current liabilities decreased to CNY 1,270,000,000.00 from CNY 1,400,000,000.00, showing a reduction of approximately 9.3%[180]. Business Segments and Strategy - The company operates primarily in two business segments: electric power and lithium battery materials[40]. - The lithium battery materials segment includes the production of lithium battery cathode precursor materials[41]. - The company plans to focus on the manufacturing and technical services of distribution and control equipment, as well as the R&D and sales of lithium battery cathode material precursors[29]. - The company is engaged in providing a full value chain one-stop service for power transmission and transformation projects below 220kV, focusing on outdoor high and low voltage distribution and control equipment[30]. - The company has developed various products such as doped iron phosphate and high-density iron phosphate for lithium batteries[43]. Research and Development - The company emphasizes independent research and development, forming a unique product technology system with proprietary intellectual property rights[43]. - Research and development expenses increased by 86.99% to CNY 37,470,359, primarily due to increased investment in R&D[72]. - The company is focusing on R&D in outdoor power distribution products, with a strategy of "producing one generation, reserving one generation, and researching one generation"[60]. - The company collaborates with educational institutions for technology and talent development in the lithium battery materials sector[43]. Market Trends and Opportunities - The company anticipates a significant increase in investment in the power grid, with approximately 670 billion RMB planned for the "14th Five-Year Plan" period by Southern Power Grid and 2.24 trillion RMB by State Grid over the next five years[52]. - The demand for lithium iron phosphate batteries is expected to grow rapidly, with 2022 sales of new energy vehicles in China reaching approximately 2.192 million units, a year-on-year increase of 113%[53]. - The global market for battery-grade lithium iron phosphate is expected to grow significantly due to the increasing application in electric vehicles and energy storage systems[58]. - The company is well-positioned to benefit from the ongoing electrification of energy consumption in major cities, which will drive demand for power distribution facilities[57]. Shareholder and Corporate Governance - The company does not plan to distribute cash dividends or issue bonus shares for the reporting period[6]. - The company emphasizes the protection of shareholder rights by ensuring compliance with laws and regulations, and facilitating shareholder participation in meetings through various channels[123]. - The first temporary shareholders' meeting in 2022 had an investor participation rate of 23.14%[113]. - The company granted 17.9032 million restricted stock units at a price of 3.3357 CNY per share to 121 incentive recipients under the 2019 incentive plan[116]. Risks and Challenges - The company faces risks in the electric power industry due to increased market competition and potential pressure on profit margins[105]. - The lithium battery sector is subject to significant fluctuations in policy and market demand, particularly in the electric vehicle market[106]. - The ongoing COVID-19 pandemic poses risks to business development, and the company is implementing preventive measures[107]. Investment and Financing - The company has initiated the construction of a 50,000-ton battery-grade lithium iron phosphate expansion project, expected to be completed in 2022, increasing total capacity to 110,000 tons per year[65]. - The company has made a significant equity investment of CNY 340 million, holding a 40% stake in Qingdao Zhuoyuzongheng Investment Partnership[82]. - The company has temporarily used CNY 60 million of idle raised funds to supplement working capital for a period not exceeding 12 months[90]. Environmental and Social Responsibility - The company actively participates in environmental protection by promoting energy-saving practices and advocating for waste sorting among employees[126]. - The company has committed to fulfilling its social responsibilities by adhering to legal regulations and actively contributing to local economic development through tax payments[126].

Financial Performance - The company's operating revenue for 2021 was ¥2,430,611,520.22, representing an increase of 87.03% compared to ¥1,299,550,004.16 in 2020[17]. - The net profit attributable to shareholders in 2021 was ¥106,233,587.01, a significant turnaround from a loss of ¥775,834,428.77 in 2020, marking an increase of 113.69%[17]. - The net profit after deducting non-recurring gains and losses was ¥80,458,473.40 in 2021, compared to a loss of ¥783,835,299.09 in 2020, reflecting an increase of 110.26%[17]. - The total assets at the end of 2021 amounted to ¥5,103,659,095.61, which is a 22.91% increase from ¥4,152,393,030.74 at the end of 2020[17]. - The net assets attributable to shareholders increased by 87.72% to ¥2,335,483,563.44 in 2021 from ¥1,244,106,793.47 in 2020[17]. - The basic earnings per share for 2021 was ¥0.11, a significant improvement from a loss of ¥0.95 per share in 2020, representing an increase of 111.58%[17]. - The weighted average return on equity for 2021 was 5.92%, a recovery from -47.57% in 2020, indicating a 53.49% improvement[17]. - The net cash flow from operating activities was -¥220,119,359.15 in 2021, a decline of 197.13% compared to ¥226,629,246.17 in 2020[17]. - The company plans to distribute no cash dividends and no bonus shares for the year 2021[4]. Revenue Breakdown - The company's total revenue for Q1 was approximately 489.6 million, Q2 was approximately 628.5 million, Q3 was approximately 573.2 million, and Q4 was approximately 739.3 million[19]. - The net profit attributable to shareholders for Q1 was approximately 21.8 million, Q2 was approximately 24.4 million, Q3 was approximately 25.6 million, and Q4 was approximately 34.4 million[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q1 was approximately 20.5 million, Q2 was approximately 18.1 million, Q3 was approximately 16.2 million, and Q4 was approximately 25.7 million[19]. - The net cash flow from operating activities was negative 9.9 million in Q1, negative 265.0 million in Q2, negative 144.5 million in Q3, and positive 199.4 million in Q4[19]. Industry Overview - The company operates in the power distribution equipment, lithium battery cathode materials, and power engineering design consulting industries, each under different regulatory frameworks[27]. - The company is subject to strict regulatory requirements for product quality and market access in the power distribution and control equipment industry[29]. - The company is actively involved in the lithium battery cathode materials sector, which is overseen by the National Development and Reform Commission and the Ministry of Industry and Information Technology[30]. - The electric power industry is a fundamental pillar of the national economy, with a planned investment of approximately 670 billion RMB for the Southern Power Grid during the 14th Five-Year Plan, representing a 52% increase compared to the previous plan[39]. - The lithium battery cathode material sector is significantly influenced by policies, with the sales of new energy vehicles in China reaching 3.52 million units in 2021, a 158% increase year-on-year, resulting in a market share of 13.4%[37]. Production and Capacity - The production of lithium cobalt oxide in China was approximately 89,000 tons in 2021, driving the output of lithium cobalt oxide precursor to about 82,000 tons, reflecting a year-on-year growth of approximately 8.5%[45]. - The domestic capacity of major power battery manufacturers is expected to reach 155.2 GWh by 2025, with a CAGR of 45% from 2020 to 2025, indicating rapid expansion in the lithium-ion battery sector[46]. - The demand for lithium iron phosphate batteries has surged, with their installation surpassing that of ternary batteries, achieving a market share of 54.5% by December 2021[43]. - The investment in the national grid during the 14th Five-Year Plan is projected to be close to 3.3 trillion RMB, an increase of approximately 100 billion RMB compared to the previous plan[39]. - The rapid development of the new energy vehicle industry is expected to continue driving the demand for lithium battery materials, with a focus on high energy density and safety[37]. Research and Development - The company has established a unique product technology system through continuous R&D, achieving core technologies with independent intellectual property rights[67]. - The lithium materials segment is primarily driven by independent R&D, with a focus on developing new products and production processes, including collaborations with universities[67]. - The company aims to expand its raw material usage range through the development of new synthesis processes, thereby reducing production costs[117]. - The company is focusing on the development of new coating materials for ternary cathode materials, which are expected to have significant market demand[118]. - The company has completed pilot production of high-voltage cobalt oxide products with a voltage of 4.5V, which can enhance lithium-ion battery performance[118]. Market Strategy - The company aims to leverage its technological and service advantages to compete effectively in the market, particularly in large-scale electricity projects[52]. - The company is positioned to benefit from the ongoing reforms in the electric power system, which are expected to increase competition and market opportunities for private enterprises in the industry[52]. - The company is focusing on expanding its market presence through strategic partnerships with leading clients in the lithium battery sector, including long-term agreements with major manufacturers[75]. - The company anticipates significant growth in the power distribution market, with investments in the sector projected to reach approximately 670 billion RMB during the 14th Five-Year Plan period[76]. - The company is actively exploring partnerships and collaborations to expand its technological capabilities and market reach[189]. Governance and Management - The company maintains independent operations and governance, with no interference from the controlling shareholder, Liu Zegang[169]. - The company emphasizes transparency in information disclosure, ensuring timely and accurate communication with shareholders[169]. - The company has established a performance evaluation and incentive mechanism for senior management, promoting long-term development[171]. - The company possesses independent assets, including R&D, sales systems, and intellectual property, with clear ownership structures[172]. - The company has a robust governance structure with independent operation of the board, supervisory committee, and management[175]. Financial Management - The company has a structured plan for managing its capital and financing needs through various banking partnerships[180]. - The company plans to use surplus raised funds to permanently supplement working capital[180]. - The company has established long-term, stable partnerships with major clients, enhancing customer loyalty and trust in its distribution products[158]. - The company has received multiple quality certifications, including ISO9001:2008 and ISO14001:2004, ensuring high product quality and reliability[89]. - The company has implemented an advanced business management model to enhance sales performance and operational efficiency[87].

北京合纵科技股份有限公司 2022 年第一季度报告全文 证券代码：300477 证券简称：合纵科技 公告编号：2022-062 北京合纵科技股份有限公司 2022 年第一季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告 中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 698,380,672.93 | 489,602,833.82 | 42.64% | | 归属于上市公司股东的净利润（元） | 91,232,746.34 | 21,778, ...

Financial Performance - The company's revenue for Q3 2021 reached ¥573,178,512.48, representing a 41.22% increase year-over-year[4] - Net profit attributable to shareholders was ¥25,649,054.26, a significant increase of 155.53% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥16,154,191.48, up 130.01% year-over-year[4] - Total operating revenue for Q3 2021 reached ¥1,691,273,153.62, a significant increase from ¥861,215,096.35 in Q3 2020, representing a growth of approximately 96.3%[22] - Operating profit for Q3 2021 was ¥100,645,671.32, compared to a loss of ¥174,030,462.73 in the same period last year, indicating a turnaround in profitability[22] - Net profit attributable to the parent company for Q3 2021 was ¥71,872,818.21, recovering from a loss of ¥166,787,929.77 in Q3 2020[23] - Basic earnings per share rose to ¥0.02, a 133.33% increase compared to the same period last year[4] - Basic earnings per share for Q3 2021 were ¥0.08, compared to a loss per share of ¥0.20 in Q3 2020[23] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,977,539,211.94, reflecting a 19.87% increase from the end of the previous year[4] - As of September 30, 2021, total current assets amounted to RMB 2,830,991,088.02, an increase from RMB 2,027,052,238.18 at the end of 2020, reflecting a growth of approximately 39.5%[17] - The company's total liabilities decreased from RMB 3,000,000,000 to RMB 2,800,000,000, showing a reduction of approximately 6.7%[18] - Total liabilities decreased to ¥2,668,904,991.56 in Q3 2021 from ¥2,909,212,151.06 in Q3 2020, reflecting a reduction of approximately 8.2%[22] - The company's total equity increased to ¥2,308,634,220.38 in Q3 2021, up from ¥1,243,180,879.68 in Q3 2020, marking an increase of about 85.5%[22] Cash Flow - The net cash flow from operating activities was negative at -¥419,479,546.83, a decrease of 2,301.85% compared to the previous year[4] - The company reported a net cash outflow from operating activities of ¥419,479,546.83 in Q3 2021, contrasting with a net inflow of ¥19,051,221.04 in Q3 2020[24] - The net cash flow from financing activities reached 723,123,387.22 CNY, a substantial increase from 162,539,384.10 CNY in the previous year, showing a growth of over 344%[26] - The total cash inflow from financing activities was 1,520,327,634.18 CNY, up from 1,306,096,685.63 CNY year-over-year, reflecting a growth of approximately 16.4%[26] - The cash and cash equivalents at the end of Q3 2021 amounted to 247,037,055.91 CNY, compared to 147,968,215.23 CNY at the end of Q3 2020, representing a year-over-year increase of approximately 67%[26] Shareholder Information - The company reported a total of 45,911 common shareholders at the end of the reporting period[10] - The total number of shares held by the top 10 shareholders was 479,664,274, with significant holdings from major investors such as Liu Zegang and Wei Qiang[14] - The company plans to unlock shares held by executives and major shareholders on December 2, 2021, which may impact stock liquidity and market perception[15] Inventory and Current Assets - The company reported a significant increase in inventory, with RMB 537,031,452.56 as of September 30, 2021, compared to RMB 566,568,306.60 at the end of 2020, reflecting a decrease of approximately 5.2%[17] - Accounts receivable increased to RMB 1,024,364,170.36 from RMB 804,548,506.94, representing a rise of approximately 27.3%[17] - The company's cash and cash equivalents reached RMB 596,898,118.32, up from RMB 358,643,739.66 at the end of 2020, indicating a growth of about 66.4%[17] Other Financial Metrics - The weighted average return on equity was 2.31%, an increase of 5.88% year-over-year[4] - The company's total operating costs for Q3 2021 were ¥1,605,805,425.90, up from ¥1,036,762,674.65 in Q3 2020, reflecting an increase of approximately 54.6%[22] - Other comprehensive income after tax for Q3 2021 was ¥8,816,797.14, compared to ¥2,482,839.45 in Q3 2020, indicating an increase of approximately 254.5%[23] Audit and Compliance - The Q3 2021 report was not audited, which may affect the reliability of the financial data presented[29] - The company did not require adjustments to the beginning balance sheet items due to the new leasing standards implemented from January 1, 2021, as all leasing activities are short-term and low-value[27] Revenue Drivers - The increase in revenue was primarily driven by higher sales and prices in the lithium battery materials sector and a significant increase in executable orders in the power sector[8]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,118,094,641.14, representing a 145.54% increase compared to CNY 455,352,265.33 in the same period last year[21]. - The net profit attributable to shareholders was CNY 46,223,763.95, a significant recovery from a loss of CNY 120,599,613.65 in the previous year, marking a 138.33% improvement[21]. - The total assets at the end of the reporting period were CNY 4,897,529,577.97, an increase of 17.94% from CNY 4,152,393,030.74 at the end of the previous year[21]. - The net assets attributable to shareholders increased by 84.28% to CNY 2,292,625,815.82 from CNY 1,244,106,793.47 at the end of the previous year[21]. - The weighted average return on net assets was 3.53%, a significant increase of 9.98% from -6.45% in the previous year[21]. - The company's revenue for the reporting period reached ¥1,118,094,641.14, representing a 145.54% increase compared to ¥455,352,265.33 in the same period last year, driven by increased sales volume and price hikes in the lithium battery materials sector[66]. - The operating costs rose to ¥902,516,782.60, a 131.76% increase from ¥389,424,641.08, primarily due to increased sales and rising raw material prices[66]. - The gross profit margin for lithium battery materials was 12.85%, with revenue increasing by 171.67% and costs rising by 127.69% compared to the previous year[69]. - The company reported a net cash outflow from operating activities of ¥-274,941,011.59, a significant decrease of 2,460.51% from ¥11,647,504.89, attributed to increased accounts receivable due to higher orders[67]. - The company achieved a net increase in cash and cash equivalents of ¥303,678,678.79, a 1,123.37% increase from ¥24,823,113.32, primarily due to successful fundraising efforts[67]. Research and Development - The company emphasizes independent R&D as a core strategy, continuously launching new products and improving existing ones in both the power and lithium battery materials sectors[39]. - The lithium battery materials business aims to develop high-performance materials for energy storage and electric vehicles, with a focus on reducing production costs and improving product quality[38]. - The company has applied for 17 invention patents, with 5 granted and 6 under substantive examination, indicating a strong focus on innovation[62]. - The research and development expenses for the first half of 2021 were ¥20,039,039.70, compared to ¥16,701,041.98 in the same period of 2020, reflecting an increase of approximately 20%[175]. - The research and development investment decreased by 25.64% to ¥20,039,039.70, as some projects neared completion[66]. Market Strategy and Expansion - The company plans to focus on the manufacturing and technical services of distribution and control equipment, as well as the R&D and sales of lithium battery cathode material precursors[28]. - The company plans to expand its market presence and enhance its technological capabilities through strategic partnerships and continuous innovation in product development[39]. - The company is expanding its market by targeting end-users outside the power grid sector to mitigate the impact of the COVID-19 pandemic[97]. - The company is committed to becoming a benchmark enterprise in the battery materials industry, leveraging rapid growth in the power battery and energy storage sectors[30]. - The company is actively pursuing market expansion and new product development, although specific figures were not detailed in the conference call[192]. Product Development and Offerings - The company has a diverse product range in the distribution equipment business, including six major categories and twenty series of products[29]. - The company has a comprehensive product line in the distribution business, including SF6 gas-insulated ring main units and various types of transformers, widely used in urban power distribution systems and industrial applications[32]. - The lithium battery materials segment includes products like spherical cobalt oxide with particle sizes ranging from 4-20μm, which enhance the capacity of lithium cobalt oxide batteries by 7%[36]. - The lithium battery materials segment has developed various high-voltage products, including doped cobalt oxide and high-pressure lithium iron phosphate, through independent R&D efforts[40]. Financial Management and Investments - The company has established a stable supply chain for raw materials, maintaining long-term relationships with key suppliers, ensuring quality control through strict acceptance processes[44]. - The company raised a total of ¥1.47 billion in funds, with ¥311.71 million invested during the reporting period[80]. - The company has utilized ¥694.38 million of the raised funds to date, with no changes in the use of funds reported[81]. - The company has committed to invest a total of RMB 143,945 million in various projects, with RMB 31,170.8 million already invested by the reporting period[85]. - The company has not encountered any significant changes in project feasibility or major asset sales during the reporting period[87][92]. Risk Management and Compliance - The company faced a fine of 300,000 CNY for environmental violations related to wastewater leakage, but no significant impact on operations was reported[111]. - The company has not engaged in any major lawsuits or arbitration matters during the reporting period[120]. - The company did not experience any violations regarding external guarantees during the reporting period[116]. - The company is focusing on enhancing its risk management strategies to safeguard against market fluctuations[195]. Shareholder and Equity Information - The company will not distribute cash dividends or issue bonus shares for the half-year period[106]. - The company’s total share capital increased from 832,975,698 shares to 1,082,668,207 shares due to the issuance of 249,846,509 new shares[143]. - The company’s stock repurchase and cancellation of restricted stock were completed in March 2021, following the approval of the shareholders[145][146]. - The company reported a profit distribution to shareholders amounting to 7,611,000 yuan, indicating a stable return to investors[195]. - The total owner's equity at the end of the reporting period is 2,586,146,000 CNY, an increase from the previous period's 1,806,010,100 CNY, reflecting a growth of approximately 43%[199].

Financial Performance - The company's operating revenue for 2020 was approximately ¥1.30 billion, a decrease of 31.40% compared to ¥1.89 billion in 2019[19]. - The net profit attributable to shareholders for 2020 was approximately -¥775.83 million, a decline of 1,314.72% from a profit of ¥63.87 million in 2019[19]. - The net cash flow from operating activities for 2020 was approximately ¥226.63 million, an increase of 8.49% from ¥208.89 million in 2019[19]. - The total assets at the end of 2020 were approximately ¥4.15 billion, a decrease of 10.16% from ¥4.62 billion at the end of 2019[19]. - The net assets attributable to shareholders decreased by 37.94% to approximately ¥1.24 billion from ¥2.00 billion in 2019[19]. - The basic earnings per share for 2020 was -¥0.95, compared to ¥0.08 in 2019, reflecting a decrease of 1,287.50%[19]. - The company reported a net loss of CNY 775,834,428.77 for 2020, resulting in no cash dividends or stock distributions for the year[132]. - The total number of shares for cash dividend distribution in 2020 was 832,975,698, with a cash dividend amount of CNY 0.00[129]. Revenue Breakdown - The company's total revenue for the reporting period was approximately CNY 1.29 billion, a decrease from CNY 1.89 billion in the previous period[21]. - The revenue from the power distribution equipment manufacturing segment was ¥715.18 million, accounting for 55.03% of total revenue, down 35.06% from ¥1.10 billion in 2019[82]. - The lithium battery materials segment generated ¥560.93 million, representing 43.16% of total revenue, with a decline of 23.70% from ¥735.16 million in 2019[82]. - The overseas sales revenue accounted for 4.16% of total revenue, amounting to approximately ¥54.04 million, down 18.43% from ¥66.25 million in 2019[82]. Market and Industry Insights - The company focuses on two main business segments: electric power and lithium battery materials[43]. - The demand for lithium iron phosphate batteries is expected to surge due to the construction of 5G base stations, with over 718,000 base stations operational by the end of 2020 and an additional 600,000 planned for 2021[57]. - The compound annual growth rate (CAGR) of lithium iron phosphate production from 2016 to 2021 was 10.76%[63]. - The company anticipates that the demand for lithium iron phosphate batteries will return to rapid growth in the next 3-5 years due to the development of new energy vehicles and 5G base stations[121]. Research and Development - The company is focused on the research and development of lithium battery cathode materials, aiming to become a leading supplier in the industry[33]. - Research and development expenses increased by 52.80% to CNY 52,446,581.01 in 2020 from CNY 34,324,047.25 in 2019, indicating a focus on innovation[94]. - The company emphasizes independent research and development, resulting in a unique product technology system with proprietary intellectual property rights[45]. Operational Efficiency - The company has established stable supply channels for raw materials, maintaining long-term relationships with key suppliers[49]. - The company emphasized cash flow recovery in its contracts, focusing on quality and profitability alongside contract amounts[77]. - The company aims to reduce operational costs by 5% through efficiency improvements in the supply chain[139]. Corporate Governance and Compliance - The company has not faced any criminal penalties or administrative sanctions from the China Securities Regulatory Commission in the last three years[136]. - The company has committed to maintaining the integrity of its financial disclosures and ensuring no misleading information is presented[138]. - The company has implemented strict compliance with laws and regulations, enhancing internal controls to ensure effective management in all significant aspects[158]. Future Outlook - The company aims to become a leading enterprise in the lithium battery cathode material precursor market within the next five years, focusing on resource smelting and rare cobalt resources[122]. - The company expects a compound growth rate of approximately 40% in the electric vehicle sector over the next three years, with a 70% growth rate for ternary precursor materials[121]. - The company plans to cautiously advance its exploration of the electricity distribution business, considering potential challenges during the reform process[124]. Strategic Initiatives - The company has established new subsidiaries, including Sichuan Hezhong Electric Power Technology Co., Ltd., to enhance its operational capabilities[119]. - The company plans to issue up to 249,846,509 shares to specific investors, raising an estimated total of up to 100,600 million RMB[178]. - The company has engaged in controlling upstream cobalt resource enterprises to ensure sustainable development amid industry fluctuations and high cobalt prices expected to persist over the next three years[125].

北京合纵科技股份有限公司 2021 年第一季度报告全文 北京合纵科技股份有限公司 2021 年第一季度报告 2021 年 04 月 1 北京合纵科技股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人刘泽刚、主管会计工作负责人韦强及会计机构负责人(会计主管 人员)张晓屹声明：保证季度报告中财务报表的真实、准确、完整。 2 北京合纵科技股份有限公司 2021 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 489,602,833.82 | 113,462,376.47 | 331.51% | | 归属于上市公司股东的净利润（元） | 21,778,986.02 | -66,368 ...