Core Insights - Company reported strong financial performance for the first half of 2025, with revenue of 1.822 billion yuan, a year-on-year increase of 23.21%, and net profit of approximately 51.22 million yuan, a significant increase of 187.23% [1] - The company is focusing on core business areas while investing in technology innovation, particularly in solid-state and semi-solid batteries, and has established partnerships for hydrogen production materials [1][4] Business Segments Performance - The HEV power battery segment saw substantial growth, with sales of foam nickel reaching 1.3484 million square meters, a 41% increase, and revenue of approximately 118 million yuan, up 30% [2] - Lithium resource development has been integrated into a "mining-selection-smelting" model, with total lithium resource reserves of 12 million tons, equivalent to 400,000 tons of lithium carbonate [2] - The consumer battery segment also experienced rapid growth, achieving sales revenue of 542 million yuan, a 28% increase, with products certified by national standards [2] Independent Energy Storage Development - The company is accelerating the development of independent energy storage stations, with 90 projects connected to the grid in the first five months of 2025, representing a 95% increase in quantity and a 107% increase in capacity year-on-year [3] - Successful projects include the Hebei Jingxing 200MW/400MWh and Hebei Wangdu 100MW/200MWh independent energy storage stations, which have exceeded investment return expectations [3] - The company plans to complete the construction and grid connection of no less than 4GWh of energy storage projects by the end of 2025 [3] Technological Advancements - The company has made significant progress in dry electrode technology and is collaborating with various research institutions to advance solid-state battery materials and processes [4] - The company aims to achieve market application of semi-solid battery products by the end of 2025 to 2026, driven by demand from independent energy storage stations [4] - The introduction of three-dimensional porous foam copper-manganese alloy for SOFC applications marks a step towards domestic production of key components, with samples sent to multiple clients [4]

智通财经APP讯，科力远(600478.SH)发布2025年半年度报告，报告期内，公司实现营业收入18.22亿 元，同比增长23.21%。实现归属于上市公司股东的净利润5121.87万元，同比增长187.23%。实现归属于 上市公司股东的扣除非经常性损益的净利润4729.02万元，同比增长266.69%。基本每股收益0.0308元。 ...

Core Viewpoint - The company reported significant growth in both revenue and net profit for the first half of 2025, driven by increased sales in various battery segments [1] Financial Performance - The company achieved a revenue of 1.822 billion yuan, representing a year-on-year increase of 23.21% [1] - The net profit attributable to shareholders reached 51.2187 million yuan, marking a substantial year-on-year growth of 187.23% [1] - Basic earnings per share were reported at 0.0308 yuan [1] Business Segments - The revenue growth was primarily attributed to increases in the sales of power batteries, electrode plates, energy storage business, and consumer batteries [1]

格隆汇8月19日丨科力远(600478.SH)公布半年度报告，报告期末，公司总资产96.40亿元，同比增长 7.95%；归属于上市公司股东的净资产28.30亿元，同比增长2.99%；资产负债率69.08%，同比上升4.67 个百分点；报告期内，公司实现营业收入18.22亿元，同比增长23.21%；实现归属于上市公司股东的净 利润5,121.87万元，同比增长187.23%；经营活动产生的现金流量金额为2.79亿元，同比增长134.39%。 ...

科力远公告，2025年上半年营业收入18.22亿元，同比增长23.21%。净利润5121.87万元，同比增长 187.23%。基本每股收益0.0308元／股，同比增长187.85%。 ...

Core Viewpoint - Company Keli Yuan (600478.SH) has made significant advancements in the development of three-dimensional foam metal materials, particularly in the application of foam copper-manganese alloy materials for SOFC (Solid Oxide Fuel Cell) cathode collectors, showcasing its technological capabilities and market potential [1] Group 1: Company Developments - Keli Yuan's subsidiary, Changde Liyuan, has over 20 years of experience in the design, manufacturing, and promotion of foam metal materials [1] - The company has successfully developed foam copper-manganese alloy materials, which exhibit a smaller thermal expansion coefficient and stable conductivity at high temperatures compared to traditional perovskite compound conductive connection pieces [1] - The breakthrough in SOFC cathode collector materials is expected to drive technological progress in the SOFC industry [1] Group 2: Client Engagement and Testing - The company has provided samples for testing to seven representative clients, with one notable domestic client currently in the P2-P3 verification stage [1] - This client has completed approximately 100KW stack testing and application verification, yielding positive results [1] - In addition to developing cathode materials, the company is also working on anode materials, having supplied nearly 10,000 products for testing [1] Group 3: Cost Optimization Efforts - Due to the special specifications of the anode materials, the company is undertaking process optimization and cost reduction initiatives [1]

Core Viewpoint - The company has provided a guarantee of 104 million yuan for Lin Yi Ke Rui Project Management Co., Ltd. in a financing lease agreement with Bank of China Financial Leasing Co., Ltd. for a total principal of 208 million yuan over a 10-year period [1][4]. Summary by Sections Guarantee Overview - Lin Yi Ke Rui signed a financing lease contract with Bank of China Financial Leasing for a principal amount of 208 million yuan, with a lease term of 10 years [4]. - The company holds a 47.44% stake in Lin Yi Ke Rui through its investment in the Advanced Energy Storage Innovation Industry Private Equity Fund [4][11]. - The company has provided a joint liability guarantee for 50% of Lin Yi Ke Rui's financing lease obligations, amounting to 104 million yuan, including related interest and fees [4][8]. Guarantee Details - The guarantee covers all debts owed by Lin Yi Ke Rui under the main contract, including rent, penalties, and other payments [8][9]. - The guarantee period lasts until three years after the full repayment of the main contract obligations [9]. Financial and Risk Context - As of the announcement date, the company has provided a total of 464.056 million yuan in guarantees, exceeding 100% of the latest audited net assets [12]. - The debt-to-asset ratio of Lin Yi Ke Rui exceeds 70%, indicating a high level of financial leverage [3][12]. Company and Project Background - Lin Yi Ke Rui was established on March 11, 2024, with a registered capital of 55 million yuan, focusing on energy management and renewable energy services [7]. - The company aims to support the construction of independent energy storage power stations, which aligns with its strategic goals and is expected to generate stable investment returns [11].

（文章来源：证券日报） 证券日报网讯 8月18日晚间，科力远发布公告称，截至目前，公司无逾期担保事项，也没有为股东及其 关联单位提供担保等事项。 ...

Core Viewpoint - The company, Hunan Keli Yuan New Energy Co., Ltd., has provided a guarantee for a financing lease agreement involving Linyi Kairui Project Management Co., Ltd., amounting to 104 million yuan, which is 50% of the total financing amount of 208 million yuan for a 10-year lease [1][2][5]. Summary by Sections Guarantee Overview - The financing lease contract was signed between Linyi Kairui and Bank of China Financial Leasing Co., Ltd., with a principal amount of 208 million yuan and a lease term of 10 years [2]. - The company holds a 47.44% stake in Linyi Kairui through its investment in the storage industry fund, which owns 95% of Linyi Kairui [2][5]. - The guarantee provided by the company covers 50% of the financing lease, amounting to 104 million yuan, including related interest and fees [1][2]. Guarantee Details - Linyi Kairui has pledged its electricity collection rights as collateral for the lease obligations, and its parent company has pledged 100% of its shares to secure the debt [3]. - The guarantee agreement was approved by the company's board and shareholders, allowing for a total guarantee limit of 60 million yuan across multiple projects, with a specific limit of 15 million yuan for Linyi Kairui [3][6]. Financial Status of the Guaranteed Entity - Linyi Kairui was established in March 2024, with a registered capital of 55 million yuan and a total asset value of 519 million yuan as of June 30, 2025 [4]. - The company reported a net asset value of 79.75 million yuan and a total liability of 439.25 million yuan [4]. Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to support the construction of independent energy storage projects, which aligns with the company's strategic goals and enhances its core competitiveness in the lithium battery materials sector [5]. - The successful completion of the energy storage project is expected to yield stable investment returns for the company [5].

Core Viewpoint - Company signed a financing lease contract with Bank of China Leasing for the construction of an independent energy storage power station, with a principal amount of 208 million yuan and a lease term of 10 years [2] Group 1 - Company invested in the establishment of a private equity investment fund for advanced energy storage innovation, holding 95% of the equity in Linyi Kory [2] - Company holds a direct and indirect total of 47.44% equity in Linyi Kory through the energy storage industry fund [2] - Company signed a guarantee contract to provide joint liability guarantee for 50% of the financing lease business debt, amounting to 104 million yuan [2] Group 2 - Linyi Kory pledged its electricity charging rights as collateral for its debts under the main contract [3] - The parent company, Shenzhen Keduanyi Energy Storage Technology Co., Ltd., pledged 100% of its equity in Linyi Kory to Bank of China Leasing as collateral [3] - As of the announcement date, the total amount of guarantees provided by the company and its subsidiaries is approximately 4.641 billion yuan, accounting for 168.89% of the company's latest audited net assets [3]