Group 1: Investor Relations Activity - The company conducted a specific investor research activity on July 12, 2024, at its conference room, attended by Dongguan Securities Co., Ltd. [2] Group 2: Competitive Advantages of Zinc-Manganese Batteries - Product quality is prioritized, with over 50% of key performance indicators exceeding IEC and national standards, certified by multiple international safety standards [4] - The company holds 56 patents, with 31 related to zinc-manganese batteries, and has been recognized as a national high-tech enterprise [5] - Strong customer relationships have been established, leading to increased customer loyalty and sustained growth [6] - The company adheres to high environmental standards, ensuring products are mercury, cadmium, and lead-free [7] - The company has achieved significant scale in production, with two automated production lines capable of producing 800 batteries per minute, enhancing overall competitiveness [7] Group 3: Market Share and Financial Performance - The company ranked seventh in zinc-manganese battery production and ninth in main business revenue, accounting for approximately 2.84% of total revenue [9] - Export value ranked tenth, representing about 2.76% of total export delivery value, with both revenue and export value showing improvement compared to 2022 [9] Group 4: Lithium Battery Profit Margin Decline - The gross margin for lithium batteries significantly declined due to a larger decrease in selling prices compared to production costs, influenced by fluctuating raw material prices [10] - The company has adjusted its production strategy and formed strategic partnerships to stabilize revenue and improve margins [10] Group 5: Growth in Overseas Business - Active participation in domestic and international trade shows has enhanced customer engagement and visibility [12] - Proximity to Shenzhen and Hong Kong has attracted overseas clients, boosting international sales [12] - Increased R&D investment has improved battery quality and competitiveness [12] - The company’s listing on the Beijing Stock Exchange has enhanced its reputation and operational capacity [12] Group 6: Fund Utilization - As of June 30, 2024, the company has utilized 68.55% of the funds for expanding and upgrading zinc-manganese battery production, and 97.25% for the R&D center construction [13][14] Group 7: Product Lifecycle and Recycling - Zinc-manganese batteries are non-rechargeable, with a lifespan varying from one year in remote controls to one week in toys; lithium batteries can be used 300 to 500 times [15] - The company does not currently engage in battery recycling, as its products are made from environmentally friendly materials [15] Group 8: Future Strategic Layout - The company aims to become a globally recognized battery supplier, focusing on market expansion and efficiency improvements in the zinc-manganese battery sector [16] - Plans to diversify into lithium battery markets, including 3C digital products and drones, are underway [16]
力王股份(831627) - 关于投资者关系活动记录表的公告