Group 1: Financial Performance and Challenges - The company reported a loss in 2024 primarily due to oversupply in downstream lithium battery and photovoltaic sectors, leading to a decline in both shipment volume and average prices [5] - Inventory impairment provisions amounted to approximately CNY 136 million due to price declines [5] - Credit impairment provisions increased significantly, totaling CNY 42 million, as customer payment speeds slowed [5] - Asset impairment provisions were recorded at around CNY 50 million following cautious assessments of related assets [5] Group 2: Investor Relations and Communication - The company has established various channels for investor interaction, including an investor relations section on its website, a dedicated phone line, and an email address for inquiries [6] - The company encourages investors to engage through multiple communication methods and welcomes on-site visits for further discussions [6] Group 3: Product Applications and Innovations - Special graphite materials are widely used in lithium batteries, photovoltaics, artificial diamonds, metallurgy, chemicals, machinery, and electronics [8] - The company has optimized its production process for special graphite, reducing the roasting steps from three to one, which significantly shortens production cycles [5] - High-purity graphite is utilized in sodium batteries and solid-state batteries, with notable clients in the sodium battery sector [7] Group 4: Market Strategy and Future Outlook - The company plans to optimize product structure and reduce reliance on lithium battery and photovoltaic products, while increasing the proportion of high-value-added products [9] - Measures to enhance cash flow and manage costs are being implemented to navigate the current industry downturn [9] - The company is committed to improving its market value through enhanced operational performance, governance structure optimization, and better investor communication [10] Group 5: Regulatory and Strategic Positioning - Special graphite is classified as a dual-use item subject to export controls, with recent adjustments allowing for the export of low-sensitivity graphite products while maintaining controls on high-purity materials [11] - The company is focused on research and development for high-end applications of special graphite materials, particularly in nuclear-grade sealing materials [12]
宁新新材(839719) - 关于投资者关系活动记录表的公告