证券代码： 301662 证券简称：宏工科技 宏工科技股份有限公司投资者关系活动记录表 编号：2025-003 | 投资者关系活 | □特定对象调研 □分析师会议 | | --- | --- | | 动类别 | □媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | | □现场参观 √其他 电话会议 | | 参与单位名称 | 中信证券股份有限公司 李越 胡彬 | | 及人员姓名 | 广发基金管理有限公司 敖明皓 | | | 平安基金管理有限公司 何晓春 | | | 中国人寿养老保险股份有限公司 郭琳 | | | 大成基金管理有限公司 袁庆龙 | | | 国泰基金管理有限公司 谢泓材等 108 人 | | 时间 | 2025 年 8 月 28 日 | | 地点 | 公司会议室（电话会议） | | 上市公司接待 | 公司董事长兼总经理罗才华先生、公司董事兼副总经理余子毅 | | 人员姓名 | 先生、公司财务总监兼董事会秘书何小明先生 | | 投资者关系活 | 一、公司主动介绍： | | | 2025 年半年度，公司主要经营情况如下： | | | （一）营收及净利润同比略有下降，新增订单同比增长 | ...

Core Viewpoint - The global lithium battery industry is entering the TWh era, where capacity expansion is no longer the sole competitive focus. The industry is shifting towards systemic innovation to address challenges such as energy density, material cost pressures, and the environmental impact of retired batteries [1]. Group 1: Industry Trends - The competition is evolving towards three core areas: the industrialization of advanced materials, engineering capabilities for extreme manufacturing, and the global recycling resource layout [1]. - The rapid development of the global electric vehicle industry is leading to a surge in retired batteries, with policies and regulations becoming key drivers for industry development [4][5]. Group 2: Recycling and Resource Management - China has established a comprehensive recycling management system for electric vehicle batteries, with manufacturers as the primary responsible entities [4]. - The global lithium resource consumption is heavily concentrated in the Asia-Pacific region, while lithium mines are primarily located in Australia, South America, and Africa [5]. - The recycling capacity is unevenly distributed globally, with China accounting for 40% of the global black powder production, while Europe and the U.S. rely on third-party processing [5]. Group 3: Material Innovations - The company has a strong patent portfolio in silicon-based anode materials, with 458 patents filed and 109 granted, focusing on key technologies such as in-situ doping and gas-phase coating [9]. - New silicon-carbon materials have achieved high capacity (up to 2212 mAh/g), low expansion (less than 10% after 1000 cycles), and long lifespan (over 80% capacity retention after 1400 cycles) [9]. - The company has made significant breakthroughs in solid-state electrolytes, developing multiple generations of products to enhance performance [10]. Group 4: Equipment and Manufacturing Innovations - The company has developed high-capacity equipment that significantly reduces costs, with a production capacity increase of 50% and a 30% reduction in operating costs for certain furnaces [16][17]. - Innovations in equipment design, such as temperature and atmosphere uniformity, contribute to improved product consistency and energy efficiency [16][17]. - The company is addressing the dual pressures of cost reduction and quality improvement through process optimization and scalable manufacturing capabilities [20]. Group 5: Future Directions - The company aims to focus on green energy as a foundation for reducing costs in graphite anode materials and to deepen the development and industrialization of silicon-based anode materials [13].

Core Insights - The article discusses the advancements and innovations in the new energy materials industry, particularly focusing on lithium battery technologies and their applications in electric vehicles and other sectors [5][8][12]. Group 1: Industry Trends - The global demand for lithium resources is concentrated in the Asia-Pacific region, especially in China, while mineral deposits are primarily found in Australia, South America, and Africa [7]. - China leads the export market for new energy vehicles, with significant advancements in recycling capacity, particularly in the production of black powder through hydrometallurgical processes [7]. - The industry is witnessing a dual-track strategy of "cascading utilization + resource regeneration" to enhance global operations, with domestic hubs in China and international pre-treatment facilities in Germany, the US, and Japan [7]. Group 2: Technological Innovations - New silicon-carbon materials have achieved high reversible capacity (up to 2212 mAh/g) and long cycle life (over 1400 cycles) while maintaining low expansion rates [8]. - Breakthroughs in solid-state electrolytes have been made, with multiple generations of products developed to enhance performance in lithium-ion batteries [8]. - Companies are focusing on optimizing silicon-based anodes to address challenges related to volume expansion and initial efficiency, leading to improved cycle stability [11]. Group 3: Equipment and Manufacturing Advances - Advanced manufacturing equipment is being developed to increase production capacity and reduce operational costs, such as a six-column three-layer atmosphere roller furnace that boosts capacity by 50% [12]. - Innovations in temperature control and atmosphere management are ensuring high product consistency and energy savings of up to 20% [12]. - Companies are implementing automated systems to enhance efficiency in material handling and processing, significantly reducing labor costs and improving operational efficiency [15].