（编辑 楚丽君） 证券日报网讯 8月15日晚间，科达利发布公告称，公司于2025年8月15日召开了第五届董事会第二十一 次会议、第五届监事会第十二次会议，分别审议通过了《关于部分募集资金投资项目延期的议案》，同 意将公司2023年向特定对象发行股票募集资金投资项目"江西科达利新能源汽车动力电池精密结构件项 目""新能源汽车动力电池精密结构件项目""新能源汽车锂电池精密结构件项目（三期）"及"科达利年产 7500万件新能源汽车动力电池精密结构件项目"的项目达到预定可使用状态日期均延长至2027年12月。 ...

Summary of Key Points from Conference Call Records Company: Guoli Co., Ltd. (国力股份) Industry Focus - Guoli Co., Ltd. is involved in several emerging fields including controlled nuclear fusion, solid-state batteries, fourth-generation semiconductors, and military applications [1][2][3]. Core Insights and Arguments - The company has established a strategic partnership with a leading domestic solid-state battery manufacturer to collaborate on technology development, market expansion, and brand cooperation [2]. - Guoli has developed key products for the controlled nuclear fusion sector, including cold cathode discharge tubes and vacuum capacitors, which enhance the stability of fusion devices [2]. - In the semiconductor equipment manufacturing sector, Guoli is recognized as one of the early suppliers of semiconductor electronic devices in China, with successful product launches including high-voltage RF relays and vacuum capacitors [3]. - The company has made significant advancements in the new energy sector, with the development of high-voltage DC contactors for electric vehicles and energy storage systems, which have been successfully delivered to clients [4]. - In the military sector, Guoli has expanded its product offerings in military vacuum relays and DC contactors, with steady revenue growth and successful project completions [5]. Additional Important Information - Guoli's products are widely used across various applications including new energy vehicles, aerospace, photovoltaic energy, semiconductor manufacturing, and military technology [1]. - The company has a strong focus on R&D and has achieved recognition from high-end semiconductor clients for its innovative products [3]. - Guoli's strategic initiatives in the eVTOL (electric Vertical Take-Off and Landing) market are expected to provide substantial performance support in the future [4]. Company: Guangdian Yuntong (广电运通) Industry Focus - Guangdian Yuntong is a leader in artificial intelligence and digital economy sectors, focusing on financial technology, smart cities, and intelligent transportation [6]. Core Insights and Arguments - The company is enhancing its capabilities in the computing power sector, with significant investments in AI public computing centers and partnerships with major tech firms like Huawei [7]. - Guangdian Yuntong is actively participating in the digital RMB pilot program, providing comprehensive services for banks and clients in foreign currency exchange solutions [8]. Additional Important Information - The company has developed a digital RMB foreign currency exchange machine that supports multiple currencies, significantly improving convenience for users [8]. - Guangdian Yuntong's technological advancements include smart robots for security and navigation, showcasing its commitment to integrating AI into practical applications [9]. Company: Keda Li (科达利) Industry Focus - Keda Li specializes in precision structural components for lithium batteries and automotive parts, with a strong market presence in the electric vehicle sector [10][11]. Core Insights and Arguments - The company is forming a joint venture to invest in intelligent drive technology, indicating a strategic move towards advanced robotics and automation [10]. - Keda Li has established a strong foothold in the lithium battery structural component market, maintaining over 50% market share domestically and 30% globally [10]. Additional Important Information - The company is also venturing into the harmonic reducer market, with expectations of significant growth in this sector by 2030 [11]. - Keda Li's ongoing R&D efforts and partnerships are expected to drive future growth and profitability in the rapidly evolving electric vehicle market [11].

Core Viewpoint - The company Keda Li (科达利) has shown continuous growth in its operations, with significant increases in revenue and net profit for 2024, marking four consecutive years of double growth [1][4][6]. Financial Performance - In 2024, Keda Li achieved a revenue of 12 billion yuan, representing a year-on-year growth of 14.44%, and a net profit of 1.472 billion yuan, up 22.55% from the previous year [1][3][4]. - The company's total assets reached 19.051 billion yuan by the end of 2024, reflecting a growth of 10.62%, with a debt-to-asset ratio of 38.67% [2][6]. Business Segments - The revenue from lithium battery structural components was 11.473 billion yuan, accounting for 95.37% of total revenue, with a year-on-year growth of 14.00%. Revenue from automotive structural components was 532 million yuan, making up 4.42% of total revenue, with a growth of 24.41% [4][5]. Research and Development - Keda Li has invested a total of 2.095 billion yuan in R&D over the past four years, with annual expenditures increasing each year [3][4]. - As of the end of 2024, the company holds 522 patents, a 27.63% increase from the previous year, including 37 invention patents [4]. Strategic Initiatives - Keda Li has established two new companies in the humanoid robot sector, marking a strategic expansion into this field to create a second growth curve [1][6]. - The company has ongoing capacity expansion projects in various domestic and international locations, including a new production base in Shenzhen and plans for a facility in the United States [5][6]. Shareholder Returns - Keda Li has consistently returned value to shareholders, with cumulative cash dividends reaching 1.3 billion yuan. For 2024, the company plans to distribute a cash dividend of 20 yuan per 10 shares, totaling approximately 543 million yuan, which is 36.88% of the net profit for the year [5][7].

Group 1: Project Development - The construction of a 1 million kilowatt offshore photovoltaic project in Dongying, Shandong is accelerating, with 2,934 photovoltaic platforms to be installed, expected to generate 1.78 billion kilowatt-hours annually, enough to power approximately 2.67 million urban residents for a year [1] - The project is part of Shandong's green and low-carbon transformation, aligning with national goals for high-quality development and energy transition [1] Group 2: Energy Transition and Storage Solutions - Shandong is addressing the challenges of renewable energy consumption and stability by enhancing energy storage capabilities, with the operational scale of new energy storage reaching 7.177 million kilowatts by the end of 2024, a 3.6-fold increase from the end of 2022 [2] - The province is implementing various new storage technologies, including compressed air storage, flywheel storage, and molten salt thermal storage, to support the high-level utilization of renewable energy [2] Group 3: Industrial Upgrading and Regional Development - The transformation of Zaozhuang from a coal-based economy to a new energy battery hub is underway, with significant investments in lithium battery components, aiming to enhance the local supply chain [3] - Shandong's government has set ambitious targets for new energy and renewable energy installations, planning to add approximately 20 million kilowatts of capacity, emphasizing the importance of energy transition reforms for regional economic growth [3]