超频三(300647) - 2024 Q4 - 年度财报

Financial Performance - The company reported a significant loss primarily due to a decline in the performance of its lithium-ion battery materials business, impairment provisions, and recognition of excess losses [3]. - The company's operating revenue for 2024 was ¥697,664,479.17, a decrease of 18.85% compared to ¥859,766,950.04 in 2023 [21]. - The net profit attributable to shareholders was -¥418,058,034.28 in 2024, representing a decline of 73.61% from -¥240,801,871.70 in 2023 [21]. - The total assets at the end of 2024 were ¥2,035,662,466.43, a decrease of 13.84% from ¥2,362,602,303.59 at the end of 2023 [21]. - The net assets attributable to shareholders decreased by 43.13% to ¥567,897,099.80 at the end of 2024 from ¥998,541,143.05 at the end of 2023 [21]. - The company reported a basic earnings per share of -¥0.91 for 2024, down 71.70% from -¥0.53 in 2023 [21]. - The company achieved total operating revenue of 697.6645 million yuan, with a net loss attributable to shareholders of 418.058 million yuan during the reporting period [49]. - The gross profit margin for the industrial sector was 12.08%, reflecting a decrease of 0.79% compared to the previous year [69]. - The company's total revenue for the year 2024 reached ¥697,664,479.17, representing a year-on-year increase of 14.78% compared to ¥594,529,341.23 in 2023 [70]. Business Strategy and Development - The management emphasized that the core competitiveness and main business of the company have not undergone significant adverse changes, aligning with industry trends [3]. - The company aims to enhance its industry position, business competitiveness, and sustainable development capabilities to improve operational performance [3]. - Future development plans and forward-looking statements do not constitute a substantive commitment to investors, highlighting the need for rational investment and risk awareness [3]. - The company is focusing on the lithium battery recycling industry, which is experiencing growth driven by government policies supporting sustainable development in the electric vehicle sector [30]. - The company anticipates a broad market outlook as the national emphasis on battery recycling intensifies, accelerating the construction of the recycling system [30]. - The company plans to continue optimizing its channel structure and improving customer satisfaction to expand product coverage [57]. - The company plans to adjust the project implementation schedule to 2026 due to delays in construction progress [105]. - The future development strategy focuses on lithium-ion battery materials and thermal management, aiming to optimize the industry layout and enhance competitiveness [114]. Market and Industry Trends - The lithium-ion battery materials market has experienced rapid growth, driven by the demand for electric vehicles and energy storage, with key materials including lithium carbonate and various cathode materials [31]. - The lithium battery recycling market is expanding, supported by advancements in recycling technology and favorable government policies, indicating a significant market opportunity [32]. - The electronic product cooling device industry is crucial for the stability and performance of electronic devices, with applications across various sectors including consumer electronics and renewable energy vehicles [33]. - The demand for cooling devices remains stable, with ongoing innovations in materials and technology to meet market needs, leading to a shift towards energy-efficient and integrated solutions [34]. - The LED lighting market is growing rapidly, with LED products becoming the mainstream choice due to their energy efficiency and long lifespan, although competition is intensifying [36]. Research and Development - The company has developed multiple core technologies in the lithium-ion battery materials field, including green recycling techniques for used lithium iron phosphate batteries and efficient leaching processes for valuable metals [52]. - The company has established a comprehensive technical system with independent intellectual property rights, supporting continuous innovation in new products and processes [53]. - The company has obtained a total of 598 valid authorized patents, 138 registered trademarks, and 73 copyrights, reflecting its strong technological capabilities [53]. - Research and development expenses increased by 36.43% to ¥66,974,151.99, primarily due to new material procurement for R&D [80]. - The company completed the development of a lithium extraction process from lithium-containing intermediates, which is expected to lower production costs and enhance product quality [82]. - The company has developed a comprehensive recycling process for waste lithium iron phosphate cathode materials, enabling the preparation of battery-grade lithium carbonate [82]. Risk Management - The company will detail potential risks and countermeasures in the section "Management Discussion and Analysis" of the report [3]. - The company anticipates risks from intensified industry competition, potential changes in technology routes, and fluctuations in raw material prices [121][122][123]. - To mitigate raw material price volatility, the company will enhance communication with suppliers and optimize inventory management [125]. - The company faces risks related to accounts receivable bad debt losses, which may impact cash flow efficiency due to high accounts receivable values as business scales up [126]. - The company has established a customer credit assessment system to manage accounts receivable, offering different payment terms based on credit ratings and focusing on timely collections [126]. Corporate Governance - The company has implemented a comprehensive governance structure in compliance with relevant laws and regulations, enhancing operational standards and risk prevention capabilities [132]. - The board of directors consists of 5 members, including 2 independent directors, ensuring compliance with legal requirements and effective governance [135]. - The company has established a scientific performance evaluation system for senior management, ensuring transparency and compliance in hiring and assessment processes [138]. - The company emphasizes timely and accurate information disclosure, utilizing multiple platforms to maintain transparency and protect investor rights [139]. - The company has received recognition for its governance practices, being awarded the "2024 Annual Excellent Practice Case" by the China Listed Companies Association [139]. Employee Management - The total number of employees at the end of the reporting period is 1,060, with 584 in production, 76 in sales, 164 in technology, 35 in finance, 68 in administration, and 133 in management [168]. - The company has established a scientific and reasonable salary management system and performance evaluation system to enhance employee potential and competitive advantage [169]. - The company has implemented various training programs to enhance employee skills and professional competence, including onboarding, corporate culture, and vocational training [171]. - The company has a total of 5 employees with a doctoral degree and 13 with a master's degree, reflecting a diverse educational background among its workforce [168]. Environmental Responsibility - The company strictly complies with various environmental protection laws and regulations, ensuring all projects meet environmental impact assessment requirements [190]. - The company has implemented measures to ensure that all major aspects of internal control are functioning effectively, with no major risks reported due to violations of internal control systems [184]. - The company has implemented a comprehensive environmental management system, ensuring that industrial wastewater is treated and reused, with no external discharge [192]. - The company has adhered to the "dual carbon" goals, optimizing production processes to reduce energy consumption and carbon emissions, although specific percentage reductions were not disclosed [193]. Financial Management - The company has not engaged in speculative derivative investments during the reporting period, focusing solely on hedging activities [101]. - The company emphasizes the importance of risk management in its futures trading, including market, policy, liquidity, and internal control risks [99]. - The total amount of funds raised was RMB 195,070,749.53, with a net amount after deducting related issuance costs of RMB 195,070,749.53 [103]. - The company has signed a tripartite supervision agreement regarding the raised funds with the sponsor and the commercial bank [103]. - The company has established measures to avoid conflicts of interest in related party transactions [198].