证券代码：301358 证券简称：湖南裕能 公告编号：2025-005 湖南裕能新能源电池材料股份有限公司（以下简称"公司"）近日接到公司 持股 5%以上股东上海津晟新材料科技有限公司（以下简称"津晟新材料"）的 函告，获悉津晟新材料将其所持有公司的部分股份办理了解除质押，具体事项如 下： 一、股东股份解除质押基本情况 | 股东名 称 | 是否为控股股 东或第一大股 东及其一致行 | 本次解除质押 数量（股） | 占其所持股 份比例(%) | 占公司总 股本比例 | 起始日 | | 解除日期 | | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | (%) | | | | | | | | 动人 | | | | | | | | | | 津晟新 | | | | | 年 2024 | 8 | 年 2025 | 月 2 | | | | 否 | 3,000,000 | 5.00 | 0.40 | | | | | 沈城荣 | | 材料 | | | | | 月 27 | 日 | 日 24 | | | 二、股东股份累计质 ...

2025起点锂电圆柱电池技术论坛 暨圆柱电池20强排行榜发布会 2025年2月28日·深圳 2025年2月 活动背景及亮点 1 1、2024下半年以来圆柱电池市场爆发，头部企业供不应求 2、32、40、46等大圆柱系列产品在轻型动力、铅改锂、便携式及户用储能、两轮车及换电、无人机 EVTOL、汽车动力等领域快速放量 3、全极耳、高镍、硅碳、钠电等技术与圆柱电池结合产生新的增长点和市场空间 4、起点研究院（SPIR）圆柱电池综合竞争力排行榜20强权威发布（覆盖圆柱电池电芯、设备、材料等关 环节）为行业做采购参考 5、行业首届聚集圆柱电池的技术高峰论坛，圆柱电池前沿技术、工艺、材料深度探讨和思维碰撞 2025年2月 活动组织架构 2 举办地点： 深圳宝安登喜路国际酒店2楼国际厅 赞助及演讲单位： 武汉逸飞激光股份有限公司 深圳市诚捷智能装备股份有限公司 多氟多新能源科技有限公司 江苏威金迈科技有限公司 浙江蓝京新能工业科技有限公司 深圳市金钠科技有限公司 安徽利维能动力电池有限公司 深圳市日联科技有限公司 深圳市华普森科技有限公司 湖南三迪数字涂装系统有限公司 广东精锐精密工业有限公司 深圳市科迈罗光电技术有限公 ...

关于持股 5%以上股东部分股份质押的公告 证券代码：301358 证券简称：湖南裕能 公告编号：2025-004 湖南裕能新能源电池材料股份有限公司 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。 本次质押股份不存在负担重大资产重组等业绩补偿义务。 2、股东股份累计质押情况 截至公告披露日，上述股东所持质押股份情况如下： | | | | | | | | 已质押股份 | | 未质押股份 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 本次质押 | 本次质押后 | 占其所 | 占公司 | 情况 | | 情况 | | | 股东 | 持股数量 | 持股比例 | 前质押股 | 质押股份数 | 持股份 | 总股本 | | | | | | 名称 | （股） | （%） | 份数量 | | 比例 | 比例 | 已质押股份限 | 占已质 | 未质押股份 | 占未质 | | | | | （股） | 量（股） | （%） | （%） | | 押股份 | | 押股份 | | ...

1月21日，湖南裕能新能源电池材料股份有限公司发布2024年度业绩预告。 圆柱电池论坛： 行业首届圆柱电池技术论坛定档2025年2月28日，深圳举办！ 预计2024年度归母净利润将为5.6亿元至6.6亿元，同比下降64.57%至58.24%。上年同期的归母 净利润为15.81亿元。此外，扣除非经常性损益后的净利润预计为5.2亿元至6.2亿元，同比下降 65.75%至59.17%，上年同期为15.18亿元。 业绩变动原因说明： 锂电池产业链在经历 2020-2022 年的高增长后，2023 年以来增速换挡、供需关系发生显著变 化。2024 年锂电池产业链处于筑底阶段，碳酸锂价格总体震荡下行，磷酸盐正极材料价格同比 上年大幅下降，对行业内企业的盈利水平产生较大压力。同时，磷酸盐正极材料行业竞争激 烈，行业总体产能利用率仍处于回升过程。 在此背景下，公司作为磷酸盐正极材料行业头部企业，保持较高的产能利用率和产销率以满足 下游需求。2024 年，公司磷酸盐正极材料销量同比增长约40%，持续推进一体化布局和降本增 效，并积极实施出海战略。2024 年，公司得以保持一定的盈利，但受行业周期及实施股权激励 的股份支付费用等 ...

Investment Rating - The investment rating for Hunan YN is "Buy" (maintained) [1] Core Views - The company is expected to see a significant rebound in profits in 2025 after a challenging 2024, with a projected net profit of 6.2 billion to 6.6 billion yuan for 2024, reflecting a year-on-year decline of 58% to 65% [7] - The company anticipates a 40% increase in shipments in 2024, with expectations to maintain this growth rate into 2025, driven by strong domestic and overseas demand [7] - The report highlights that the profitability is expected to improve significantly in 2025, with net profit per ton projected to reach 0.25 to 0.3 thousand yuan [7] Financial Forecasts - Total revenue for 2024 is estimated at 22.3 billion yuan, down 46.06% year-on-year, with a recovery expected in 2025 to 33.4 billion yuan, representing a growth of 49.92% [1][8] - The net profit for 2024 is forecasted at 623.9 million yuan, a decrease of 60.53% year-on-year, with a strong recovery anticipated in 2025 to 2.53 billion yuan, reflecting a growth of 305.72% [1][8] - The earnings per share (EPS) is projected to be 0.82 yuan for 2024, with a significant increase to 3.34 yuan in 2025 [1][8] Market Data - The closing price of Hunan YN is 45.69 yuan, with a market capitalization of approximately 34.6 billion yuan [5] - The company has a price-to-earnings (P/E) ratio of 55.46 for 2024, which is expected to decrease to 13.67 in 2025 and further to 9.76 in 2026 [1][8]

Financial Projections - The estimated net profit attributable to shareholders for 2024 is projected to be between 560 million and 660 million RMB, representing a year-on-year decline of 64.57% to 58.24% compared to 1,580.63 million RMB in the previous year[3]. - The estimated net profit after deducting non-recurring gains and losses is projected to be between 520 million and 620 million RMB, reflecting a year-on-year decline of 65.75% to 59.17% compared to 1,518.36 million RMB in the previous year[3]. - The financial data provided is preliminary and has not been audited by the accounting firm, with detailed financial data to be disclosed in the 2024 annual report[7]. Industry Dynamics - The lithium battery industry is currently in a bottoming phase, with significant changes in supply and demand dynamics since 2023, leading to downward pressure on profitability[5]. - The overall price of lithium carbonate has been fluctuating downward, and the price of phosphate-based cathode materials has significantly decreased compared to the previous year, impacting industry profitability[5]. Company Strategy - The company expects a year-on-year increase of approximately 40% in the sales volume of phosphate-based cathode materials in 2024, maintaining high capacity utilization and sales rates to meet downstream demand[6]. - The company is actively implementing a cost reduction and efficiency enhancement strategy while pursuing an overseas expansion strategy[6]. - The company has maintained a certain level of profitability in 2024 despite the industry cycle and the impact of stock incentive share payment expenses[6].

Investment Rating - The report assigns a "Buy" rating to the company, indicating a positive outlook based on its market position and growth potential [3]. Core Views - Hunan YN Energy is a leading player in the lithium iron phosphate (LFP) market, holding a 27% market share as of 2023, with a significant increase in sales volume [1][2]. - The company has experienced a decline in revenue and net profit in 2023, with revenues of approximately 41.36 billion yuan, down 3.35% year-on-year, and a net profit of about 1.58 billion yuan, down 47.44% year-on-year [1][5]. - The demand for LFP products is expected to rise significantly, driven by the growth in the electric vehicle and energy storage sectors, with projected compound annual growth rates (CAGR) of 17% and 30% respectively from 2024 to 2030 [1][2]. Summary by Sections Company Overview - Hunan YN Energy was established in 2016 and is headquartered in Xiangtan, Hunan Province. The company primarily focuses on lithium iron phosphate products and went public on February 9, 2023 [1]. Market Position - The company is recognized for its comprehensive product range, including high-density products like CN-5B and YN-9, which have received broad customer recognition [2]. - The company has established strong ties with major clients such as CATL and BYD, positioning itself to benefit from increasing industry demand [1][2]. Financial Performance - In 2023, the company sold approximately 507,000 tons of lithium iron phosphate, marking a year-on-year increase of 56.49% [1]. - The company's gross margin in 2023 was 7.65%, significantly higher than the average gross margin of 0.02% for its peers [2]. Revenue and Profit Forecast - Revenue projections for 2024, 2025, and 2026 are estimated at 24 billion, 33.52 billion, and 47.77 billion yuan respectively, with expected growth rates of -42%, +40%, and +42% [3][5]. - Net profit forecasts for the same years are 883 million, 2.07 billion, and 2.99 billion yuan, with growth rates of -44.1%, +134%, and +45% [3][5]. Valuation Metrics - The report provides a price-to-earnings (P/E) ratio forecast of 38, 16, and 11 for the years 2024, 2025, and 2026 respectively, indicating a favorable valuation outlook as earnings are expected to recover [3][5].

Group 1 - The company, Hunan Yuneng (301358), is actively negotiating with customers regarding product price increases, with some customers already confirming the price hikes [1] - The industry is expected to maintain a high level of prosperity in the fourth quarter of 2024, benefiting from supportive policies such as trade-in programs, leading to strong production and sales for the company's products [1]

Group 1: Pricing and Supply - The company is actively negotiating with clients regarding product price increases, with some clients already confirming price hikes [2] - The self-supply ratio of iron phosphate has been achieved, providing both cost and quality advantages for the company's lithium iron phosphate products [2] Group 2: Sales Performance - In Q4 2024, the company benefited from supportive policies like trade-in programs, maintaining a high industry demand, with specific sales data to be disclosed in future reports [2] - New product series sales reached approximately 94,000 tons in the first three quarters of 2024, accounting for about 19.76% of total product sales, indicating strong market demand [3] Group 3: Client Development and Financial Matters - The company is maintaining existing core clients while steadily expanding its client base to explore market potential and diversify its customer structure [3] - The company has recognized stock incentive expenses in Q3 2024 according to relevant accounting standards [3] Group 4: Capital Raising - The company is working on a private placement of shares, pending approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission [3]

Group 1: Production Capacity and Market Strategy - The company aims to align its future production capacity with market demand to maintain competitive advantages [2] - In the first three quarters of 2024, the new product series CN-5 and YN-9 achieved sales of approximately 94,000 tons, accounting for about 19.76% of total product sales [2] - The new products have a stronger pricing advantage compared to ordinary products due to their superior performance [2] Group 2: Project Developments - The company is developing a copper smelting project to leverage synergies between the copper smelting industry and phosphate materials [3] - The company is preparing to establish its first overseas production base in Spain to meet the rising demand for lithium iron phosphate [3] - The company has secured mining licenses for phosphate mines in Guizhou, achieving self-sufficiency in phosphate iron production [3]