YCXN(SZ:300080) Sou Hu Cai Jing·2025-08-19 09:57Core Viewpoint - Henan Yicheng New Energy Co., Ltd. (stock code: 300080) has achieved a dual drive of economic benefits and social value under the leadership of Chairman Du Yonghong, positioning itself as a benchmark in the new energy materials sector while contributing to rural revitalization and social welfare [2] Strategic Layout - The company has established a globally competitive "3+N" industrial system, focusing on high-end carbon materials, energy storage, and semiconductor AI industries [3][4] - The high-end carbon material system leads the domestic market in graphite electrode share, exporting to over 20 countries and generating over 5 billion yuan in foreign exchange [3] - The energy storage system is advancing with all-vanadium flow battery technology, significantly increasing revenue from green energy business [3] Innovation and Technology - The company emphasizes innovation as a core driver of development, with a cumulative R&D investment of 1.38 billion yuan over three years, representing 4.5% of revenue in 2024 [6] - In 2024, the company applied for 105 patents and was awarded 72, breaking foreign monopolies with its "ultra-high power graphite electrode" [6] - The company has been recognized as a benchmark for intelligent manufacturing in Henan, enhancing production efficiency through digital transformation [6] Safety and Integrity - The company prioritizes safety, environmental protection, and integrity, maintaining a "zero accident" management system and investing 79.38 million yuan in environmental upgrades in 2024 [9] - It has achieved zero environmental penalties for five consecutive years and has a 100% hazard rectification rate in safety production [9] - The company has improved governance efficiency, reducing the asset-liability ratio to 53.8%, which is 9 percentage points lower than the industry average, and maintaining a AAA credit rating [9]