屹通新材(300930) - 300930屹通新材投资者关系管理信息20250625

Group 1: Company Overview - The company is a domestic professional manufacturer of atomized iron powder, actively engaging in the new energy and new materials sectors through the construction of the Yitong Clean Energy New Materials Industrial Park [2] - The focus is on three major product areas: powder metallurgy atomized metal powder, large key components for new energy equipment, and high-end metal materials for new energy [2] Group 2: Project Progress - Since its listing, the company has launched several projects, including a 70,000-ton and a 130,000-ton intelligent manufacturing project for iron and copper-based new materials, both of which have been completed and are in production [3] - The 20,000-piece clean energy equipment key component project has begun trial production, while the 2,000-piece large key component project is under construction with some facilities completed [3] Group 3: Sales Performance - In Q1 2025, total sales volume reached 30,300 tons, with iron-based powder sales approximately 27,000 tons, reflecting a year-on-year increase of about 42.83% [4] - Phosphate iron lithium battery iron powder accounted for around 40% of total sales, although its gross margin is lower than that of powder metallurgy iron powder due to production process differences [4] Group 4: Financial Insights - The net cash flow from operating activities significantly decreased in 2024, primarily due to an increase in operating receivables and substantial investments in new facilities [4] - The company plans to consider diversified financing channels to meet the growing capital needs associated with expanding business operations and new project investments [6]