Core Viewpoint - Gotion High-Tech (002074) is actively managing its business operations in response to external challenges, such as tariffs and market dynamics, while focusing on strategic partnerships and technological advancements to enhance its market position. Group 1: Business Impact and Strategy - The impact of U.S. tariffs on the company's export business is limited due to the small proportion of U.S. business in total revenue, and the company is working on overseas production capacity to mitigate these effects [2] - The company has established a long-term strategic partnership with Chery Automobile, achieving over 40% battery supply for Chery's new energy passenger vehicles in 2024, with a focus on expanding into high-end platforms [3] - The company is enhancing its production capacity for mid-to-high-end vehicles, with a 15% increase in the shipment ratio for B-class and above models [4] Group 2: Product Development and Innovations - The company has launched a 5MWh energy storage liquid-cooled container with significant cycle life and longevity, contributing to approximately 35% of its energy storage shipments [5] - A modular battery swapping system has been developed, improving efficiency for electric heavy trucks, with successful collaborations on battery swapping vehicles across various models [6] - The company is expanding its production capacity to 28GWh based on customer demand and aims to enhance production efficiency [7] Group 3: Financial Performance - In Q1 2025, the company reported a revenue of 9.055 billion yuan, a year-on-year increase of 20.61%, and a net profit of 101 million yuan, up 45.55% [14] - The company has a debt ratio of 72.81% and a gross margin of 18.28%, indicating a stable financial position despite market fluctuations [14] Group 4: Market Trends and Future Outlook - The company is monitoring the lithium carbonate market, which has seen price declines, and is implementing cost-reduction strategies to maintain normal production levels [9] - Ongoing research and development in solid-state batteries have yielded promising results, with the successful development of a vehicle-grade solid-state battery [10] - The company is exploring new application scenarios in emerging industries such as low-altitude flight and electric ships, aiming for comprehensive breakthroughs from R&D to product application [11]

证券代码：002074 证券简称：国轩高科 国轩高科股份有限公司 投资者关系活动记录表 编号：2025-001 投 资 者 关 系 活 动 类 别 □特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □一对一沟通 □券商策略会 ■其他__投资者电话交流会__ 参 与 单 位 名 称 及 人 员姓名 与会投资者约 380 人 时 间 2025 年 4 月 28 日 15:00-16:00 地 点 电话交流会 上 市 公 司 接待人员 董事会秘书：汪泉 财务负责人：张一飞 证券事务代表兼 IR 总监：徐国宏 公 司 基 本 情 况 及 核 心要点 报告期内，公司国内外市场稳健发展，不断推出创新产品及解决方 案，综合竞争力持续增强，业绩实现稳健增长。2024 年度，公司出货约 63 GWh，实现营业收入 353.92 亿，同比增长 11.98%；实现归母净利润 12.07 亿，同比上升 28.56%；实现扣非净利润 2.63 亿，同比增长 125.86%。 2025 年一季度，公司出货约 18 GWh，实现营业收入 90.55 亿，同 比增长 20.61%；实现归母净利润 ...