Financial Performance - The company's revenue for Q1 2022 reached ¥3,373,860,080.51, representing a 561.88% increase compared to ¥509,742,664.43 in the same period last year[5] - Net profit attributable to shareholders was ¥761,713,535.71, a significant increase of 1,402.77% from ¥50,687,154.05 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥755,539,643.91, up 2,136.20% from ¥33,786,699.62 year-on-year[5] - The company's basic earnings per share (EPS) increased to ¥8.54, a rise of 1,398.25% compared to ¥0.57 in the same quarter last year[5] - Operating profit for the quarter was ¥906,760,302.45, up from ¥56,495,106.42 year-over-year, reflecting an increase of approximately 1,505%[49] - Net profit for the period was ¥775,868,515.18, compared to ¥45,698,398.04 in the prior year, marking a growth of around 1,600%[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥14,146,534,901.09, reflecting a 57.64% increase from ¥8,949,202,121.57 at the end of the previous year[7] - Non-current assets totaled ¥4,657,005,815.82, up from ¥3,485,062,253.53, representing a growth of approximately 33.5%[41] - Total liabilities increased to ¥8,822,324,295.31 from ¥4,952,157,995.21, marking a growth of approximately 78.5%[45] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥1,727,195,118.12, worsening by 421.48% compared to a net outflow of ¥331,209,781.01 in the same period last year[5] - Cash inflow from operating activities totaled CNY 633,677,829.53, a substantial increase from CNY 61,934,199.16 in the prior year[56] - Cash outflow from operating activities was CNY 2,360,872,947.65, compared to CNY 393,143,980.17 in the same period last year[56] - Cash inflow from financing activities reached CNY 2,943,200,000.00, compared to CNY 227,500,000.00 in the previous year[59] - The net cash flow from financing activities was CNY 2,685,485,440.52, significantly higher than CNY 108,646,766.69 in the same period last year[59] Expenses - Sales expenses increased by 127.00% to 8,961,076.26, primarily due to increased equity incentive costs[19] - Management expenses surged by 383.50% to 113,594,461.09, mainly attributed to higher equity incentives and salary costs[19] - R&D expenses rose by 437.18% to 100,214,402.29, driven by increased equity incentives and R&D material costs[19] - Financial expenses skyrocketed by 759.99% to 30,904,159.07, mainly due to increased bank loan interest expenses[19] Inventory and Receivables - The company reported a significant increase in inventory, which rose by 85.34% to ¥2,895,768,757.13, attributed to increased material and product stock levels[14] - The company has seen a 604.57% increase in receivables financing, totaling ¥2,182,018,538.19, due to increased customer acceptance payments[10] - Accounts receivable increased to ¥1,421,212,302.17 from ¥1,321,638,493.77, reflecting a growth of approximately 7.5%[38] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,730, with the largest shareholder holding 17.49%[23] - The company reported a total of 34,721,105 restricted shares at the beginning of the period, with 24,300 shares released during the period[31] Future Plans and Investments - The company plans to expand its production capacity, as indicated by a 229.33% increase in construction in progress to ¥977,954,522.69[14] - The company signed an investment agreement for a new production base for 330,000 tons of phosphate-based cathode materials, with a total investment of approximately RMB 7.5 billion[32] - The company entered into a framework cooperation agreement for a project to produce 20,000 tons of lithium supplement, with a total investment of approximately RMB 2 billion[33] - The company plans to raise up to RMB 3.2 billion through a private placement to fund the new production base and supplement working capital[37] Audit Status - The report for the first quarter was not audited[60]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2021, representing a year-on-year increase of 45%[21]. - The net profit attributable to shareholders reached RMB 300 million, an increase of 50% compared to the previous year[21]. - The company's operating revenue for 2021 reached ¥4,841,878,273.53, a significant increase of 413.93% compared to ¥942,128,306.07 in 2020[28]. - Net profit attributable to shareholders was ¥800,592,881.91, marking a remarkable turnaround from a loss of ¥28,401,615.50 in 2020, representing a growth of 2,918.83%[28]. - The net profit after deducting non-recurring gains and losses was ¥770,086,133.51, compared to a loss of ¥62,821,960.12 in the previous year, reflecting an increase of 1,325.82%[28]. - The total assets of the company at the end of 2021 amounted to ¥8,949,202,121.57, which is a 136.62% increase from ¥3,782,051,724.86 at the end of 2020[28]. - The basic earnings per share for 2021 was ¥8.95, a significant increase from a loss of ¥0.36 per share in 2020, representing a growth of 2,586.11%[28]. - The company reported a net cash flow from operating activities of -¥644,075,077.07, a decline of 773.82% compared to ¥95,585,895.67 in 2020[28]. - The company’s cash and cash equivalents at the end of 2021 amounted to CNY 1,866,464,240.60, representing 20.86% of total assets, a decrease of 9.37% from the beginning of the year[142]. Production and Capacity Expansion - The company aims to expand its production capacity by 30% in 2022 to meet increasing demand for lithium iron phosphate batteries[21]. - The company has completed a lithium iron phosphate production capacity of 155,000 tons per year, with ongoing projects expected to be operational in 2022[91]. - The designed capacity for nano lithium iron phosphate is 105,520.78 tons, with a capacity utilization rate of 93.15%[74]. - The company is currently constructing projects that will add 180,000 tons of LFP capacity, with trial production expected to begin in Q3 2021[74]. - New production capacity projects include an 110,000-ton phosphate-based cathode materials plant and a 100,000-ton lithium iron phosphate plant, among others, to meet downstream customer demand[181]. Research and Development - Research and development expenses increased by 20% year-on-year, totaling RMB 150 million, focusing on new energy vehicle battery technologies[21]. - The company has established a lithium power research institute and engineering technology center to drive innovation and product development[55]. - The company’s R&D investment reached 163.8 million yuan, a year-on-year increase of 217.76%, with 48 new patent applications and 24 new patents granted[94]. - The company has applied for multiple patents related to nano lithium iron phosphate technology, indicating a strong focus on innovation[71]. - The company aims to enhance R&D efforts, focusing on new phosphate-based cathode materials and functional additives to improve energy density and reduce costs[180]. Market Position and Strategy - The company has established partnerships with three major automotive manufacturers to supply battery solutions, expected to generate an additional RMB 500 million in revenue[21]. - The company is exploring potential acquisitions in the energy storage sector to enhance its market position[21]. - The company aims to become a global leader in new energy material solutions, focusing on expanding production capacity and enhancing product offerings[89]. - The company is positioned to benefit from national policies promoting carbon neutrality and the rapid development of clean energy and electric vehicles[43]. - The company faces risks from intensified market competition and plans to maintain competitive advantages through continuous technological upgrades and product performance improvements[186]. Sales and Customer Engagement - User data indicates a 35% increase in the number of clients in the electric vehicle sector, reflecting strong market demand[21]. - The company employs a direct sales model to engage with downstream lithium-ion battery manufacturers, enhancing customer service and support[60]. - The top five customers accounted for 97.33% of total sales, with CATL contributing ¥3,372,809,757.85, representing 69.66% of the total[118]. Financial Management and Investments - The company initiated a fundraising effort to raise up to 3.2 billion yuan to support the production base project for new phosphate-based cathode materials and to supplement working capital[95]. - The company received government subsidies amounting to CNY 34,390,315.70, which accounted for 3.73% of total profit[138]. - The company has not experienced any significant changes in the feasibility of its projects[156]. - The total amount of unused raised funds as of the reporting period was RMB 45.93 million, which is stored in a dedicated account[152]. Operational Efficiency - The company optimized its organizational structure to enhance management efficiency and improve operational capabilities[99]. - The company implemented stock incentive plans to attract and retain core management and technical talents, supporting its strategic development goals[99]. - The company aims to reduce production costs through technological advancements and process improvements, as cathode materials account for 30%-40% of the total cost of new energy vehicles[184]. Risks and Challenges - Rising raw material prices, particularly lithium carbonate, pose a risk, and the company plans to strengthen supplier relationships to mitigate this impact[191]. - The company will closely monitor industry policy changes and enhance its ability to adapt to market conditions to minimize adverse effects on operations[192]. - The company is also addressing potential overcapacity risks in the industry by aligning production with customer demand and enhancing market competitiveness[187].

证券代码：300769 证券简称：德方纳米 公告编号：2021-109 深圳市德方纳米科技股份有限公司 关于参加2021年深圳辖区"沟通传递价值，交流创造良好生态" 上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流工作，深圳市德方纳米科技股份有限公司 （以下简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共 同举办的"沟通传递价值，交流创造良好生态"——2021年深圳辖区上市公司投 资者网上集体接待日活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间 为 2021 年 11 月 30 日 14:00 至 17:00。 届时公司的董事会秘书何艳艳女士和财务总监林旭云女士将通过网络文字 交流形式与投资者进行沟通。 欢迎广大投资者积极参与。 特此公告。 深圳市德方纳米科技股 ...

Financial Performance - The company's revenue for Q3 2021 reached ¥996,721,764.04, representing a 356.34% increase compared to the same period last year[5] - Net profit attributable to shareholders was ¥109,015,405.41, a staggering increase of 2,546.39% year-over-year[5] - The net profit excluding non-recurring gains and losses was ¥105,791,341.82, up 621.65% from the previous year[5] - Basic earnings per share were ¥1.23, reflecting a 2,150.00% increase compared to the same period last year[5] - Operating revenue for the first nine months of 2021 reached 2,271,283,019.60, a 295.18% increase driven by higher product sales and prices[12] - Total operating revenue for the third quarter reached ¥2,271,283,019.60, a significant increase from ¥574,750,380.61 in the same period last year, representing a growth of approximately 295%[39] - The net profit for the third quarter was ¥246,039,682.17, compared to a net loss of ¥15,321,235.67 in the same period last year, indicating a significant recovery[45] - The total comprehensive income attributable to the parent company was ¥244,118,851.43, a substantial increase from a loss of ¥11,195,800.50 year-over-year[45] - Basic earnings per share were reported at ¥2.75, compared to a loss of ¥0.14 per share in the previous year[45] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥5,598,168,128.37, a 48.02% increase from the end of the previous year[7] - The company's total assets reached ¥5,598,168,128.37, compared to ¥3,782,051,724.86 at the end of the previous year, marking a growth of around 48%[39] - The total liabilities of the company were ¥3,084,777,456.63, up from ¥1,591,067,211.23, indicating an increase of around 94%[36] - Total liabilities increased from CNY 1,591,067,211.23 to CNY 1,676,165,729.89, showing an increase of CNY 85,098,518.66[58] - Long-term borrowings increased to 190,500,000.00, an 851.12% rise due to financing for new capacity[12] Cash Flow - The company's cash flow from operating activities showed a significant negative net amount of ¥825,972,868.79, a decrease of 1,451.36% year-to-date[5] - Net cash flow from operating activities was -825,972,868.79, a decrease of 1,451.36% mainly due to reduced discounting of notes receivable and increased operational expenditures related to new capacity[16] - Cash inflow from operating activities totaled ¥620,385,657.39, down from ¥743,817,632.58 in the prior year[46] - Cash outflow from operating activities reached ¥1,446,358,526.18, significantly higher than ¥682,695,855.33 in the same period last year[49] - The net cash flow from investment activities was negative at ¥-587,151,170.36, worsening from a loss of ¥-423,234,025.11 year-over-year[49] - The net cash flow from financing activities was positive at ¥603,622,561.02, compared to ¥218,215,487.78 in the previous year, indicating improved financing conditions[49] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,215, with the largest shareholder holding 17.49%[17] - Major shareholders include Shenzhen Songhe Venture Capital Co., Ltd. with 2,568,457 shares and Chen Yiling with 1,248,580 shares[20] - The company has not received any disclosures regarding related party relationships among shareholders, except for certain individuals identified as acting in concert[20] - The company’s management has a structured plan for unlocking shares, with a percentage of shares released annually based on their holdings[24] - The company has a total of 968,888 shares held by WANG JOSEPH YUANZHENG and 968,887 shares held by WANG CHEN, both classified as restricted shares[24] Investments and Projects - The company plans to invest approximately RMB 800 million in a new project for the annual production of 200,000 tons of lithium iron phosphate precursor in Qujing City[25] - The company has signed a framework cooperation agreement for a new project to produce 100,000 tons of new phosphate-based cathode materials, with a total investment of no less than RMB 2 billion[28] - The company has entered into an investment agreement for a project to produce 25,000 tons of lithium supplement, with a total investment of approximately RMB 3.5 billion[29] Research and Development - Research and development expenses surged to 86,366,989.37, a 168.05% increase attributed to higher personnel and material costs[12] - Research and development expenses for the quarter were ¥86,366,989.37, up from ¥32,221,055.37, reflecting an increase of approximately 168%[39]

Financial Performance - The company's operating revenue for the reporting period reached ¥1,274,561,255.56, representing a 257.69% increase compared to the same period last year[36]. - The net profit attributable to shareholders was ¥135,103,446.02, a significant increase of 2,104.61% from a loss of ¥6,739,624.47 in the previous year[36]. - The net profit after deducting non-recurring gains and losses was ¥114,888,427.13, up 578.75% from a loss of ¥23,997,714.20 in the same period last year[36]. - The company's total assets increased by 27.02% to ¥4,803,896,615.46 compared to the end of the previous year[36]. - The net assets attributable to shareholders rose by 7.23% to ¥2,261,387,080.34 from the previous year[36]. - The company reported a net cash flow from operating activities of -¥684,866,035.34, indicating a decrease of 2,169.82% compared to the previous year[36]. - The company’s operating cash flow net amount decreased by 2,169.82% to -684.87 million yuan due to reduced discounting of receivables and increased operational expenses related to new capacity[83]. - The company’s financial expenses increased by 208.70% to approximately 14.66 million yuan, primarily due to increased interest expenses[83]. - The revenue from lithium-ion battery cathode materials reached ¥1,245,991,801.31, representing a year-on-year increase of 263.70%[85]. - The gross profit margin for lithium-ion battery cathode materials was 21.66%, an increase of 10.77% compared to the same period last year[85]. Production and Capacity Expansion - The company plans to maintain significant capital expenditures in the coming years to expand production capacity to meet downstream market demand, reinforcing its leading position in the industry[6]. - The company has completed a production capacity of 120,000 tons/year for lithium iron phosphate as of the report date[74]. - The company is actively expanding its production capacity and has entered the trial production phase for its second phase project in Qujing as of July 2021[74]. - The company has ongoing construction projects with a total in-progress capacity of 40,000 tons, indicating continued expansion efforts[89]. - The company has established production bases in Yunnan and Sichuan to promote local economic development and increase employment opportunities[156]. Market and Competitive Landscape - The company anticipates intensified market competition in the lithium iron phosphate sector due to increased production capacity from competitors, which may adversely affect market share and gross margins if competitive advantages are not maintained[11]. - The company faces risks related to the underperformance of the new energy vehicle industry, which could hinder the development of the lithium battery supply chain and increase financial and operational risks[9]. - The competitive landscape in the lithium iron phosphate market is intensifying, necessitating ongoing technological upgrades and cost reductions[134]. - The penetration rate of new energy vehicles in China has been rapidly increasing, driven by supportive government policies and the "carbon neutrality" goal[53]. - The introduction of technologies such as "CTP" and "blade batteries" has strengthened the market presence of lithium iron phosphate batteries in consumer vehicles[60]. Research and Development - The company has established a lithium power research institute and engineering technology center to enhance its R&D capabilities[49]. - R&D investment increased by 148.42% to approximately 49.44 million yuan, with 18 new patent applications filed during the reporting period[79]. - The company is committed to increasing R&D investment to accelerate new product development and maintain competitive advantages[134]. - The new lithium supplement additive and new phosphate-based cathode materials are expected to enhance energy density by approximately 20% compared to existing lithium iron phosphate batteries[77]. Risks and Challenges - Rising raw material prices, particularly lithium carbonate and other chemical materials, have been noted, with significant price increases since late 2020, which could impact the company's profitability if costs cannot be passed on[10]. - The company faces risks related to continuous capacity expansion, which may challenge its infrastructure and organizational capabilities[129]. - The company aims to enhance its supply chain stability to mitigate risks from rising raw material prices, particularly lithium carbonate[131]. - The company emphasizes the importance of diversifying its customer base to manage risks associated with the underperformance of the electric vehicle industry[130]. Corporate Governance and Social Responsibility - The company maintains good communication with investors through various channels, enhancing transparency and credibility[156]. - The company has implemented employee welfare programs, including holiday bonuses and free health check-ups, to improve employee satisfaction[157]. - The company strictly adheres to labor laws and regulations, ensuring the protection of employees' legal rights[157]. - The company actively participated in the "Guangdong (Foshan Gaoming) Poverty Alleviation Day" event, donating 250,000 RMB to support poverty alleviation efforts[163]. Related Party Transactions and Financial Management - The company reported a total of 785.94 million yuan in related party transactions, accounting for 0.66% of similar transaction amounts[178]. - The rental income from related party transactions amounted to 68 million yuan, representing 82.44% of the approved transaction amount[178]. - The company expects to conduct related party transactions totaling 8,700 million yuan within the next twelve months[178]. - The company has provided guarantees for related parties without any financial transactions involving loans or deposits[188].

Financial Performance - The company's operating revenue for 2020 was ¥942,128,306.07, a decrease of 10.62% compared to ¥1,054,087,723.12 in 2019[32]. - The net profit attributable to shareholders for 2020 was -¥28,401,615.50, representing a decline of 128.36% from ¥100,147,773.61 in 2019[32]. - The net cash flow from operating activities decreased by 66.89% to ¥95,585,895.67 in 2020 from ¥288,719,810.91 in 2019[32]. - The total assets at the end of 2020 increased by 121.28% to ¥3,782,051,724.86 from ¥1,709,189,918.61 at the end of 2019[32]. - The basic earnings per share for 2020 was -¥0.36, down 114.06% from ¥2.56 in 2019[32]. - The company reported a quarterly operating revenue of ¥367,377,925.46 in Q4 2020, which was the highest among the four quarters[36]. - The net profit attributable to shareholders in Q1 2020 was ¥6,510,256.11, but turned negative in subsequent quarters, reaching -¥17,205,815.00 in Q4[36]. - The company received government subsidies amounting to ¥44,138,895.57 in 2020, compared to ¥51,342,044.89 in 2019[39]. - The total net assets attributable to shareholders increased by 122.48% to ¥2,108,883,766.64 at the end of 2020 from ¥947,901,884.39 at the end of 2019[32]. - The company reported a weighted average return on net assets of -2.74% in 2020, down from 12.55% in 2019[32]. Sales and Production - The sales volume of lithium iron phosphate reached 30,700 tons in 2020, a year-on-year increase of 31.20%[78]. - The average selling price of lithium iron phosphate was 33,400 RMB/ton (including tax), a decrease of 15,000 RMB/ton (including tax), representing a decline of over 30%[78]. - The company's total revenue for 2020 was 942 million RMB, a year-on-year decrease of 10.62%[78]. - Revenue from lithium battery materials manufacturing accounted for 99.95% of total revenue, with a total of approximately ¥941.64 million, down 10.64% from ¥1,053.73 million in 2019[91]. - The annual production capacity of lithium iron phosphate reached approximately 80,000 tons, significantly increased from the previous year, with expectations to reach 120,000 tons by the end of 2021[80]. - The production capacity utilization rate for nano lithium iron phosphate was 84.12% during the reporting period[85]. - The company experienced a 31.24% increase in sales volume of lithium battery materials, reaching 30,657 tons compared to 23,359.28 tons in the previous year[99]. - The company has ongoing construction of additional production capacity amounting to 70,000 tons for lithium battery materials[98]. Expenses and Costs - The company experienced a significant increase in expenses due to capital expenditures and expansion of capacity and personnel, resulting in a substantial rise in expense ratios[7]. - The overall price of lithium iron phosphate decreased in the first half of 2020 compared to the same period in 2019, with prices remaining low in the second half, leading to limited profit contributions for the year[7]. - The energy procurement price accounted for over 30% of total production costs, indicating a significant impact on profitability[81]. - The direct material costs for lithium battery materials were approximately ¥609.37 million, representing 72.17% of total operating costs, with a slight increase of 0.78% year-over-year[104]. - The manufacturing costs increased by 3.31% year-over-year, primarily due to increased depreciation from additional equipment and capacity expansion[105]. Risks and Challenges - Risks include potential underperformance in the development of the new energy vehicle industry, which could suppress the company's capacity expansion and increase financial and operational risks[11]. - The company faces risks from rising raw material prices, particularly lithium carbonate and other chemical materials, which could weaken product profitability if costs cannot be passed on[12]. - The company's production capacity expansion poses challenges to its infrastructure, supply chain, and organizational capabilities, which could negatively impact its stable development if not managed effectively[10]. - The company plans to control the scale of expansion and manage risks effectively while diversifying its customer base to enhance market resilience[166]. - The company emphasizes a robust financial policy to improve its risk resistance capabilities amid industry uncertainties[166]. Research and Development - The company has established a lithium power research institute and engineering technology center, focusing on developing new products and optimizing production processes[50]. - The company aims to enhance its research and development capabilities by adopting a collaborative approach with external partners[50]. - Research and development (R&D) investment amounted to ¥51,547,701.00, accounting for 5.47% of the company's operating revenue[113]. - The company applied for 25 new patents during the reporting period, including 22 invention patents and 3 utility model patents[113]. - The company has a strong patent portfolio, including several patents for its unique synthesis technology for nano lithium iron phosphate, which is considered internationally leading[81]. Strategic Plans and Future Outlook - The company plans to maintain a high level of capital expenditure in the coming years to expand production capacity and meet downstream market demand, reinforcing its leading position in the industry[10]. - The company aims to lead with technological innovation and continuously promote the industrialization and scaling of new products in the lithium iron phosphate sector[161]. - The company anticipates rapid growth in supply and demand for lithium iron phosphate in the next two to three years due to increasing market share in the automotive sector and the potential launch of energy storage markets[164]. - The company plans to continue expanding its production capacity and investing in new technologies as part of its growth strategy[127]. - The company is focused on low-cost, large-scale, and high-quality development to contribute to the new energy materials sector[163]. Shareholder and Financial Policies - The company does not plan to distribute cash dividends, issue bonus shares, or increase capital from reserves[13]. - The company has maintained a stable profit distribution policy, with no cash dividends or stock bonuses for 2020, following a capital reserve increase of 8 shares for every 10 shares held in 2019[172]. - The company reported a net loss of ¥28,401,615.50 for 2020, resulting in a cash dividend payout ratio of 0.00%[178]. - The company has committed to maintaining shareholder value, with a dividend payout ratio of 30% of net profits for the fiscal year[192]. - The company has not proposed any cash dividends or stock bonuses for the 2020 fiscal year, focusing instead on long-term stability and risk management[176].

Financial Performance - The company's revenue for Q1 2021 reached ¥509,742,664.43, representing a 224.07% increase compared to ¥157,296,412.79 in the same period last year[8] - Net profit attributable to shareholders was ¥50,687,154.05, a significant increase of 678.57% from ¥6,510,256.11 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥33,786,699.62, showing a remarkable increase of 4,127.89% compared to ¥799,137.97 last year[8] - The basic earnings per share rose to ¥0.57, up 280.00% from ¥0.15 in the same period last year[8] - The company's operating revenue increased by 224.07% to approximately CNY 509.74 million compared to the previous period[23] - The company achieved operating revenue of 509.74 million yuan, a year-on-year increase of 224.07%[31] - The net profit attributable to shareholders was 50.69 million yuan, up 678.57% compared to the same period last year[31] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 33.79 million yuan, an increase of 4,127.89% year-on-year[31] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,151,252,124.82, an increase of 9.76% from ¥3,782,051,724.86 at the end of the previous year[8] - The company's total assets amounted to CNY 4,151,252,124.82, an increase from CNY 3,782,051,724.86 as of December 31, 2020, reflecting a growth of approximately 9.8%[72] - The total liabilities increased to ¥1,898,519,656.25 from ¥1,591,067,211.23, reflecting a growth of approximately 19.3%[81] - The company's total liabilities as of March 31, 2021, were CNY 2,069,360,220.90, compared to CNY 2,015,504,956.98 at the end of 2020, showing a slight increase of about 2.7%[72] - The total equity attributable to shareholders of the parent company rose to ¥2,167,451,161.41, up from ¥2,108,883,766.64, indicating an increase of about 1.6%[81] Cash Flow - The net cash flow from operating activities was negative at -¥331,209,781.01, a decrease of 2,026.48% from ¥17,192,460.03 last year[8] - Cash received from sales of goods and services was 257.88 million yuan, a decrease of 86.17% due to reduced bill discounting[30] - Cash paid for purchasing goods and services increased by 112.53% to 285.22 million yuan, primarily due to expanded production capacity[30] - Cash inflow from operating activities totaled 61,934,199.16, down from 219,049,792.86 in the previous period[112] - Cash outflow from operating activities reached 393,143,980.17, compared to 201,857,332.83 in the previous period[112] - Cash inflow from investment activities was 13,152,700.00, down from 229,400,315.30 in the previous period[112] - Cash outflow from investment activities totaled 623,822,091.64, compared to 264,151,315.96 in the previous period[112] - Net cash flow from investment activities was -610,669,391.64, worsening from -34,751,000.66 in the previous period[112] - Cash inflow from financing activities was 227,500,000.00, compared to 100,427,708.22 in the previous period[114] - Net cash flow from financing activities was 108,646,766.69, an increase from 42,154,365.80 in the previous period[114] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,181[12] - The largest shareholder, Jixuewen, held 17.41% of the shares, amounting to 15,606,324 shares[13] - The company plans to unlock 25% of executive locked shares annually based on their holdings[20] - The total number of restricted shares at the end of the period was 46,811,403 shares[20] - The company has a scheduled release of certain restricted shares on April 15, 2022[20] Research and Development - Research and development expenses surged by 110.88% to CNY 18.66 million, driven by increased material costs and salaries[23] - Research and development expenses for the current period amount to CNY 18,655,685.46, up from CNY 8,846,796.60 in the previous period, indicating a growth of approximately 110.3%[96] Investments and Projects - The company signed an investment agreement with CATL and the Jiang'an County government for a project with an annual production capacity of 80,000 tons of lithium iron phosphate, with a total investment of approximately RMB 1.8 billion[41] - The company entered into a joint venture agreement with EVE Energy to establish a company focused on producing high-quality lithium iron phosphate, with a planned total investment of RMB 2 billion and an annual capacity of 100,000 tons[46] - The company plans to invest in a production base for lithium iron phosphate with an annual capacity of 150,000 tons, which includes the previously mentioned joint venture project[47] - The company is selling its carbon nanotube conductive liquid business assets for RMB 24.4214 million to focus on its core business and improve operational efficiency[48] Risks and Challenges - The company faces risks related to raw material price increases, particularly for lithium carbonate and other chemical materials[38] - A safety incident at the company's subsidiary resulted in confirmed losses of RMB 7.8839 million, although production has since resumed[43] Miscellaneous - The company reported a cumulative net profit forecast that may indicate a loss or significant change compared to the same period last year[65] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[66] - There were no violations regarding external guarantees during the reporting period[66] - The first quarter report was not audited[131]

证券代码：300769 证券简称：德方纳米 公告编号：2020-100 深圳市德方纳米科技股份有限公司 关于参加 2020 深圳辖区"诚实守信，做受尊重的上市公司" 上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流工作，深圳市德方纳米科技股份有限公司 （以下简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共 同举办的"诚实守信，做受尊重的上市公司"——2020 深圳辖区上市公司投资 者网上集体接待日活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间 为 2020 年 12 月 8 日 9:00 至 17:00。 届时公司的副总经理、董事会秘书王正航先生将通过网络文字交流形式与投 资者进行沟通。 欢迎广大投资者积极参与。 特此公告。 深圳市德方纳米科技股份有限公司 董事 ...

Financial Performance - Operating revenue for the reporting period was ¥218,414,528.84, a decrease of 22.70% year-on-year[8] - Net profit attributable to shareholders was -¥4,456,176.03, representing a decline of 126.13% compared to the same period last year[8] - Basic earnings per share were -¥0.06, a decrease of 115.00% compared to the same period last year[8] - The company's net profit for the current period is a loss of ¥9,034,537.13, compared to a profit of ¥4,166,629.67 in the previous period, indicating a significant decline[68] - The total comprehensive income for the current period is also a loss of ¥9,034,537.13, compared to a gain of ¥4,166,629.67 in the previous period[71] - The company reported a net loss attributable to shareholders of ¥11,195,800.50, compared to a profit of ¥63,972,622.69 in the previous period[74] - Basic earnings per share for the current period is -¥0.20, down from ¥1.35 in the previous period[86] Cash Flow - The net cash flow from operating activities was ¥28,033,541.30, down 48.39% from the previous year[8] - Net cash flow from operating activities decreased by 59.16% to ¥61,121,777.25 from ¥149,670,659.36, primarily due to increased procurement costs for raw materials[24] - The company's cash flow from operating activities is ¥61,121,777.25, a decrease from ¥149,670,659.36 in the previous period[89] - Cash and cash equivalents decreased by 54.90% to ¥135,396,151.16 from ¥300,231,769.31 due to the use of raised funds[20] - Cash and cash equivalents at the end of the period decreased to 19,283,901.08 CNY from 365,124,124.66 CNY in the previous period[98] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,101,364,331.20, an increase of 22.95% compared to the end of the previous year[8] - Total liabilities rose to CNY 1,067,528,412.16 from CNY 721,011,897.77, an increase of approximately 48%[45] - The company's current assets decreased to CNY 731,003,575.50 from CNY 941,497,856.19 year-over-year, representing a decline of approximately 22.3%[39] - Total current liabilities amounted to CNY 660,078,044.10, with short-term borrowings at CNY 130,104,093.60 and accounts payable at CNY 126,260,618.42[105] - Total assets under construction surged by 204.90% to ¥401,862,664.50 from ¥131,801,648.41, reflecting ongoing investments in production line construction[20] Shareholder Information - The company reported a total of 9,948 common shareholders at the end of the reporting period[12] - The largest shareholder, Ji Xuewen, holds 20.04% of the shares, totaling 15,606,324 shares[12] - There were no significant changes in the number of shareholders or shareholding structure during the reporting period[17] Government Support and Subsidies - The company received government subsidies amounting to ¥43,264,091.24 during the reporting period[8] - Other income rose by 133.34% to ¥43,264,091.24 from ¥18,540,978.70, mainly due to significant government subsidies recognized[23] Research and Development - Research and development expenses amounted to CNY 12,321,073.10, slightly down from CNY 13,246,286.15, showing a focus on maintaining R&D investment[58] - Research and development expenses increased to ¥3,175,307.44 from ¥3,034,206.89, reflecting a growth of 4.7%[65] - Research and development expenses for the current period are ¥8,172,967.20, slightly down from ¥9,252,294.53 in the previous period[83] Financial Strategy and Future Plans - The company plans to raise funds through a private placement to support the construction of a 40,000-ton lithium iron phosphate project and to supplement working capital[25] - The company received approval from the China Securities Regulatory Commission for its private placement application on October 21, 2020[28] - The company is focusing on expanding its market presence and enhancing product development strategies to recover from the current financial downturn[64] Other Financial Metrics - The weighted average return on net assets was -0.47%, down 126.17% year-on-year[8] - The company reported a significant reduction in income tax expenses due to losses incurred during the period, resulting in a 134.92% decrease[23] - The company recorded an investment loss of -¥937,456.21, compared to a profit of ¥39,650,166.54 in the previous period[83] - The company incurred financial expenses of ¥5,147,747.57, an increase from ¥3,906,378.81 in the previous period[83]

Financial Performance - The company's operating revenue for the reporting period was ¥356,335,851.77, a decrease of 22.13% compared to the same period last year[32]. - The net profit attributable to shareholders was -¥6,739,624.47, representing a decline of 114.36% year-on-year[32]. - The net profit after deducting non-recurring gains and losses was -¥23,997,714.20, a decrease of 167.08% compared to the previous year[32]. - The net cash flow from operating activities was ¥33,088,235.95, down 65.30% from the same period last year[32]. - The total assets at the end of the reporting period were ¥1,921,212,158.66, an increase of 12.40% compared to the end of the previous year[35]. - The company's weighted average return on net assets was -0.71%, a decrease of 7.91% compared to the previous year[35]. - The company reported a revenue of ¥356,335,851.77, a decrease of 22.13% compared to the same period last year, which was ¥457,591,183.24[74]. - The cost of goods sold was ¥317,615,312.33, down 8.12% from ¥345,689,617.79 in the previous year[74]. - The gross margin for the nano lithium iron phosphate product was 10.89%, with a revenue decrease of 21.24% year-over-year[79]. - The net cash increase in cash and cash equivalents was -¥85,126,694.31, a decrease of 154.73% compared to the previous year[77]. Market Dynamics - The transition from policy-driven to market-driven growth in the new energy vehicle industry is expected to narrow profit margins, with companies focusing on increasing sales volume to offset lower prices[11]. - The competitive landscape in the industry is intensifying, which may lead to increased pressure on pricing and profitability[11]. - The company faces risks from changes in industrial policies, particularly as the influence of fiscal subsidies diminishes, which could slow industry growth and increase competition among enterprises[112]. - New capacity expansion is based on market demand assessments; if the incremental market does not meet expectations, it could adversely affect the company's ability to digest new capacity[113]. - The company is addressing market competition by focusing on technological innovation and process optimization to enhance product competitiveness and establish long-term strategic partnerships with customers[116]. Strategic Initiatives - The company plans to not distribute cash dividends, issue bonus shares, or increase capital from reserves for the current fiscal year[12]. - The company emphasizes the importance of effective management in response to the challenges posed by large-scale capacity expansion[8]. - The company’s strategic planning is based on both existing and new market assessments, indicating a proactive approach to market dynamics[8]. - The company is focused on developing new products and technologies to enhance its market position in the energy storage sector[11]. - The company aims to expand its cooperation with high-quality downstream customers while actively seeking new clients with growth potential[112]. Research and Development - The company has proprietary technology for producing nano lithium iron phosphate, which offers advantages such as low cost and long cycle life[46]. - The company’s R&D efforts focus on developing new products and optimizing production processes to enhance product performance[50]. - The company is investing in research and development, allocating 10% of its revenue to innovate new technologies and improve existing products[130]. Production and Capacity - The company is expanding production capacity, with ongoing projects aiming for an additional 25,000 tons per year of lithium iron phosphate[61]. - The company has a production capacity of 15,739.55 tons for nano lithium iron phosphate, with a utilization rate of 78.18%[82]. - The company has completed major earthworks and structural installations for the "annual production of 15,000 tons of nano lithium iron phosphate project" at Qujing Defang[68]. - The first phase of the Qujing Lintai project, with an annual production capacity of 10,000 tons of nano lithium iron phosphate, is currently in trial production[71]. Financial Management - The company has committed a total investment of CNY 39,346.0 million for various projects, with CNY 13,171.2 million invested during the reporting period, achieving a cumulative investment of CNY 26,858.1 million, which represents 68.2% of the total commitment[96]. - The company has allocated CNY 18,000 million of temporarily idle raised funds into bank wealth management products, with a remaining balance of CNY 7,100 million[101]. - The company has not experienced significant changes in the measurement attributes of major assets during the reporting period[86]. - The company has not sold any major assets during the reporting period, maintaining its asset base[107]. - The company has not engaged in any derivative investments during the reporting period, indicating a conservative investment strategy[105]. Social Responsibility - The company actively participates in social responsibility initiatives, including a donation of 30,000 CNY to support poverty alleviation efforts in Muli County, Sichuan Province, in the first half of 2020[191]. - The company has established a scholarship program providing 5,000 CNY annually for three years to impoverished students from Muli County who are admitted to university[189]. - The company has pledged to provide job opportunities to unemployed individuals in the targeted poverty alleviation areas based on business needs[190]. - The company invested a total of 30,000 CNY in targeted poverty alleviation efforts[192]. - The company plans to continue implementing the central government's poverty alleviation policies through various measures including education, social, and employment assistance[193].