证券代码：301358 证券简称：湖南裕能 公告编号：2025-019 湖南裕能新能源电池材料股份有限公司 关于 2024 年度计提减值准备的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、本次计提减值准备的概述 为真实反映湖南裕能新能源电池材料股份有限公司（以下简称"公司"）的 财务状况、资产价值及经营情况，本着谨慎性原则，根据《企业会计准则》及公 司会计政策的相关规定，公司对合并报表范围内截至 2024 年 12 月 31 日的应收 票据、应收账款、其他应收款、存货、长期股权投资、固定资产、在建工程、无 形资产、商誉等资产进行了全面清查，对各类资产进行了充分的评估和分析，对 可能发生减值损失的资产计提减值准备。 根据《深圳证券交易所创业板股票上市规则》等相关法律法规以及《公司章 程》等相关规定，本次计提减值无需提交公司董事会或股东大会审议。 二、本次计提减值准备的范围和总金额 公司 2024 年度对相关资产计提资产和信用减值准备总额为 12,275.89 万元， 详情如下： 单位：万元 | 资产减值项目 | 本期发生额 | | --- | --- ...

湖南裕能新能源电池材料股份有限公司 前次募集资金使用情况报告 根据中国证券监督管理委员会《监管规则适用指引——发行类第 7 号》的规 定，将本公司截至 2024 年 12 月 31 日的前次募集资金使用情况报告如下。 一、前次募集资金的募集及存放情况 (一) 前次募集资金的数额、资金到账时间 根据中国证券监督管理委员会《关于同意湖南裕能新能源电池材料股份有限 公司首次公开发行股票注册的批复》（证监许可〔2022〕2321 号），本公司由主 承销商中信建投证券股份有限公司（以下简称"中信建投证券"）采用包销方式， 首次公开发行人民币普通股（A 股）股票 189,313,200 股，发行价格为每股人民 币 23.77 元，共计募集资金 449,997.48 万元，坐扣承销和保荐费用（不含增值税） 人民币 17,830.09 万元后的募集资金为 432,167.39 万元，已由主承销商中信建投 证券股份有限公司于 2023 年 2 月 3 日汇入本公司募集资金监管账户。另减除审 计及验资费用、律师费用等与发行权益性证券直接相关的新增外部费用（不含税） 3,318.13 万元后，公司本次募集资金净额 428,849. ...

锂盐是公司磷酸盐正极材料业务的重要原材料，近年来，该材料价格波动明 显，为有效降低原材料价格波动对公司经营造成的潜在风险，公司及子公司拟根 据生产经营计划择机开展商品期货套期保值业务。公司及子公司开展商品期货套 期保值业务将以正常的生产经营为基础，与公司实际业务相匹配，以规避和防范 风险为目的，不以投机为目的，充分利用期货市场的套期保值功能，提升公司整 体抵御风险能力，保持公司经营业绩持续、稳定。 中信建投证券股份有限公司 关于湖南裕能新能源电池材料股份有限公司 开展 2025 年度套期保值业务 及可行性分析的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐人"）作 为湖南裕能新能源电池材料股份有限公司（以下简称"湖南裕能"或"公司"） 的保荐人，根据《证券发行上市保荐业务管理办法》《深圳证券交易所上市公司 自律监管指引第 13 号——保荐业务》《深圳证券交易所创业板股票上市规则》 《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规范运作》 等有关规定，对湖南裕能开展 2024 年度套期保值业务及可行性分析事项进行了 审慎核查，发表核查意见如下： 一、投资情况概述 （一）投 ...

根据公司经营及业务需求情况，公司及子公司 2025 年度拟开展商品期货套 期保值业务的保证金及权利金上限（包括为交易而提供的担保物价值、预计占用 的金融机构授信额度、为应急措施所预留的保证金等）不超过人民币 10 亿元， 且任一交易日持有的最高合约价值不超过人民币 15 亿元。该额度在审批期限内 可循环滚动使用。 2、交易方式 湖南裕能新能源电池材料股份有限公司 关于 2025 年度开展商品期货套期保值业务的可行性分析报告 一、开展商品期货套期保值业务的背景和目的 锂盐是湖南裕能新能源电池材料股份有限公司（以下简称"公司"）磷酸盐 正极材料业务的重要原材料，近年来，该材料价格波动明显，为有效降低原材料 价格波动对公司经营造成的潜在风险，公司及子公司拟根据生产经营计划择机开 展商品期货套期保值业务。 二、开展商品期货套期保值业务基本情况 1、交易金额 公司及子公司开展商品期货套期保值业务，以规避和防范风险为目的，但同 时也会存在一定风险，具体如下： 1、市场风险 公司及子公司拟开展的商品期货套期保值业务的交易场所仅限于境内合法 运营的期货交易所，期货品种仅限于与公司生产经营业务有直接关系的锂盐期货 品种。 3、 ...

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。 一、日常关联交易基本情况 （一）日常关联交易概述 根据湖南裕能新能源电池材料股份有限公司（以下简称"公司"）及子公司 日常生产经营业务需要，预计 2025 年度及 2026 年 1-5 月期间将与关联方宁德时 代新能源科技股份有限公司（以下简称"宁德时代"）及其子公司、靖西湘潭电 化科技有限公司（以下简称"靖西湘潭电化"）发生日常关联交易，其中 2025 年度预计日常关联交易总金额不超过 1,808,159.00 万元，2026 年 1-5 月预计日常 关联交易总金额不超过 826,954.70 万元。 公司于 2025 年 3 月 13 日召开第二届董事会第十一次会议、第二届监事会第 十一次会议，分别审议通过《关于 2025 年度日常关联交易预计的议案》，关联 董事刘干江先生、龙绍飞先生回避表决。本次日常关联交易预计事项已经独立董 事专门会议审议通过。 根据《深圳证券交易所创业板股票上市规则》《公司章程》等相关规定，本 次日常关联交易预计事项尚需提交股东大会审议，关联股东湘潭电化集团有限公 司、宁德时代、湘潭电 ...

Summary of the Conference Call on Asia EV Battery & Materials Industry Overview - The conference call focused on the **Asia EV Battery & Materials** sector, particularly in relation to the **EU's Automotive Action Plan** released on March 5, 2025, which addresses emission requirements and competitiveness against rivals from China and the United States [4][10]. Key Points and Arguments 1. **EU Emission Policy Changes**: - The European Commission's Action Plan allows car manufacturers to average their emission performance over a three-year period (2025-2027), alleviating immediate pressure to meet the 2025 targets [4][9]. - The long-term targets remain unchanged, including the ICE ban in 2035 and a ~50% reduction in emissions by 2030 [4][10]. 2. **Impact on EV Battery Demand**: - A previously projected **20% growth** in EV and PHEV sales in Europe for 2025 may face downside risks due to the new emission policy, which allows OEMs to miss the 2025 target as long as they compensate in subsequent years [4][10]. - A sensitivity analysis indicates that if EU NEV growth is halved, there could be a **2% cut** to global EV battery demand forecasts and a **1% cut** to global lithium-ion power battery demand [6][10]. 3. **Stock Recommendations**: - J.P. Morgan recommends **CATL** and **Hunan Yuneng** in China, while expressing caution regarding geopolitical risks affecting these stocks [4][5]. - For Korean battery cell makers, the focus is on US production and demand, with a modeled **10% EU growth** as the base case for **LGES** [5][10]. 4. **Local Content Requirements**: - The Action Plan includes measures to support EU battery production and establish local content requirements for battery components, which are expected to be detailed in upcoming legislation [15][16][17]. 5. **Incentives for EV Demand**: - The Commission is working on incentives to boost demand for zero-emission vehicles, including social leasing schemes for low-income groups and measures to encourage corporate fleet adoption [11][12][13][14]. 6. **Funding Sources**: - The European Commissioner highlighted available funding sources for decarbonization, including **€50 billion** under InvestEU for clean tech and mobility, and **€1.8 billion** from the Innovation Fund for battery manufacturing [20]. Additional Important Content - The report emphasizes the importance of maintaining a competitive EU battery production base to ensure long-term industry resilience and job creation [18][19]. - The potential for new conditions on foreign investments in the EU automotive sector was discussed, focusing on enhancing competitiveness and technological edge [18][19]. - The report includes a detailed sensitivity analysis table showing the potential impact of demand changes on battery supply and sales forecasts for various companies [6][7]. Companies Discussed - **CATL** (300750.SZ) - **Hunan Yuneng** (301358.SZ) - **LG Energy Solution** (LGES) - **Samsung SDI** (SDI) - **POSCO Future M** (003670.KS) - **L&F** (066970.KQ) - **Ecopro BM** (247540.KQ) [22].

Summary of the Conference Call on China Battery and Components Industry Overview - **Industry**: China Battery and Components - **Date**: March 1, 2025 - **Key Players**: CATL, Hunan Yuneng Key Points and Arguments 1. **Strong March Shipments**: March 2025 is expected to see a significant increase in battery shipments, with a month-over-month (mom) growth of +15%, surpassing consensus expectations of single-digit growth. This is viewed as a positive leading indicator for the demand outlook in 2025 [1][9][10] 2. **LFP Cathodes Utilization**: The utilization rate for LFP cathodes is projected to rise to approximately 93% in March 2025, up from 81% in February 2025. This indicates a recovery in demand for both Battery Energy Storage Systems (BESS) and New Energy Vehicles (NEV) [2][16] 3. **Price Expectations**: Due to sustained supply-demand tightness, a price increase for LFP cathodes is anticipated, signaling the beginning of an upcycle from 2024 to 2026 [2] 4. **Share Price Catalysts**: The strong expected battery shipments are seen as a catalyst for share price increases, with a noted correlation between battery shipments and share performance for companies like CATL and Yuneng since 2024 [3][10] 5. **Investment Recommendations**: - **CATL**: Rated as a Buy with a target price of Rmb378, supported by a projected 25% EPS CAGR from 2024E to 2030E, driven by a 21% volume CAGR and expanding unit gross profit [19][21] - **Hunan Yuneng**: Also rated as a Buy, expected to benefit from the LFP cathode upcycle with an EPS CAGR of ~187% from 2024E to 2026E [23][24] Additional Important Insights 1. **Market Share and Competitive Position**: CATL holds a 40% global market share in 2023, while Hunan Yuneng is the leading LFP cathode maker with a ~34% market share in 2024E [19][23] 2. **Risks**: - For CATL, risks include potential product upgrades by competitors, lower battery demand growth, and trade barrier deterioration [22] - For Yuneng, risks involve faster-than-expected capacity additions and slower-than-expected demand growth [26] 3. **Utilization Recovery**: The recovery in utilization rates across various battery sectors is expected to support both companies' performance and market positioning [15][20] 4. **Long-term Outlook**: The report emphasizes a positive long-term outlook for both companies, driven by the global electrification trend and the anticipated recovery in battery demand [19][23] This summary encapsulates the key insights from the conference call regarding the China battery and components industry, highlighting the expected growth, investment opportunities, and associated risks.

Core Viewpoint - The lithium battery industry is experiencing a surge in demand for lithium iron phosphate (LFP), leading to significant price increases and a competitive landscape reshaping the market dynamics [1][4]. Group 1: Market Demand and Price Trends - The current price increase of LFP is driven by sustained market demand and product iteration, particularly for high-density LFP products [1][4]. - Major LFP manufacturers are seeing improved capacity utilization, especially for high-end products, indicating strong market demand [2]. - Recent large orders in the LFP sector include significant contracts from companies like Longpan Technology with Blue Oval and CATL, with total market value approaching 10 billion yuan [3][4]. Group 2: Product Differentiation and High-Density LFP - The price increase is more pronounced for high-density LFP products, which are in high demand due to their superior energy density [7][8]. - High-density LFP products are defined by their packing density, with higher density correlating to better battery performance [7]. - The introduction of advanced products like CATL's Shenxing battery and BYD's upcoming second-generation blade battery is expected to further boost demand for high-density LFP [8][9]. Group 3: Cost Pressures and Industry Strategies - Despite price increases, production costs are also rising, limiting the overall profit impact for manufacturers [10][11]. - The cost of producing high-density LFP is expected to increase significantly due to the need for advanced manufacturing processes [12]. - Companies are adopting integrated strategies to reduce costs and enhance profitability, with a focus on self-sufficiency in raw materials [13][14].

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 ...