Minmetals New Energy(SH:688779)2024-11-01 08:36Financial Performance - The company reported a third-quarter revenue of 1.266 billion CNY, a year-on-year decrease of 63.56% [1] - The net profit attributable to shareholders was -107 million CNY, reflecting a significant decline of 1479.30% [1] Product Shipment and Production - In the third quarter, the shipment of lithium iron phosphate products was approximately 6,000 tons, showing a substantial increase compared to previous periods [2] - In September alone, the production exceeded 4,000 tons, with shipments surpassing 3,300 tons [2] - The current capacity utilization rate for lithium iron phosphate production lines is around 80% [2] R&D and Product Development - The high-voltage fast-charging product project is progressing smoothly, with bulk supply already initiated [2] - The third-generation lithium iron phosphate product is advancing well with mainstream customers, and cost per ton is continuously decreasing [2] - The company is actively collaborating with leading solid-state battery enterprises and participating in the establishment of industry standards for solid-state battery cathodes [2] Inventory and Market Strategy - The company plans to adopt a strategy of tight inventory and high turnover in the fourth quarter, adjusting production based on market demand to reduce inventory levels [2] International Collaboration - The company is steadily advancing its cooperation project with French partner Axens, aiming to expedite the realization of planned production capacity [2]