FENGYUAN(SZ:002805)2025-05-09 10:16Group 1: Company Performance and Financials - The company reported a significant increase in sales volume of lithium battery cathode materials compared to the previous year, but faced a decline in product prices, leading to overall losses [5] - The company is currently constructing a total of 75,000 tons of lithium iron phosphate capacity and plans to adjust its capacity expansion based on industry trends and customer demands [2][3] - The overall equipment utilization rate is insufficient, contributing to high manufacturing costs per unit of finished product [5] Group 2: Strategic Direction and Market Position - The company has established a main business model focused on lithium battery cathode materials, with oxalic acid as a supplementary business [3] - The company aims to leverage opportunities in the booming new energy sector and is committed to high-quality development in the lithium battery cathode materials field [6][8] - The company is enhancing its research and development capabilities and production processes to improve product quality and market competitiveness [6] Group 3: Customer and Market Engagement - The company is actively collaborating with key customers to understand their needs and co-develop innovative products [6] - The company is exploring international business opportunities and strengthening overseas market research and analysis [7][8] - The company is participating in international industry exhibitions and business activities to enhance brand promotion and market outreach [6] Group 4: Challenges and Solutions - The company is addressing continuous losses by implementing cost reduction and efficiency enhancement measures, including optimizing production processes and improving product structure [5][6] - The company acknowledges the need for strategic focus and potential mergers or acquisitions to expand its business scale [4][6] - The company is committed to maintaining a leading position in technology through continuous investment in research and development [6]