NUODE(SH:600110) Zheng Quan Shi Bao Wang·2025-07-23 02:25Group 1 - The core viewpoint of the news is that Nord Co., Ltd. has signed a cooperation agreement with Chuangneng New Energy, focusing on long-term collaboration in product supply and research, particularly in copper foil for the lithium battery industry [1][2] - The agreement stipulates that from 2025 to 2030, Chuangneng New Energy is expected to purchase a total of 160,000 tons of copper foil from Baijiada, with specific quantities to be determined based on market demand and project progress [1] - The collaboration aims to enhance the strategic partnership between the two companies, promoting the development of the new energy battery industry through diversified cooperation methods [1][2] Group 2 - Nord Co., Ltd. reported a revenue of 5.277 billion yuan in 2024, a year-on-year increase of 15.44%, but incurred a net loss of 352 million yuan [2] - For the first quarter of 2025, the company achieved a revenue of 1.409 billion yuan, with a net loss of 38 million yuan [2] - The company expects a net loss of approximately 70 million yuan for the first half of 2025, which represents a 56% reduction in loss compared to the same period last year [2][3] Group 3 - The primary reasons for the expected losses include a slowdown in demand for power batteries due to macroeconomic factors and trade barriers, leading to an oversupply in the copper foil market [3] - Despite an increase in orders for high-value-added products, the overall profit margin remains compressed due to rising raw material costs and market competition [3][4] - The company's overall profitability is expected to improve compared to the previous year, but it will still remain in a loss position [4]