创新新材(600361) - 创新新材料科技股份有限公司投资者关系活动记录表（2023年10月）

Financial Performance - In Q3 2023, the company's operating revenue reached 18.242 billion CNY, a year-on-year increase of 5.85% [2] - For the first three quarters of 2023, the operating revenue totaled 53.473 billion CNY, reflecting a year-on-year growth of 2.43% [2] - The net profit attributable to shareholders in Q3 2023 was 210 million CNY, marking a year-on-year increase of 13.00% [2] - However, the net profit for the first three quarters of 2023 was 718 million CNY, a year-on-year decline of 16.81% [2][3] Cash Flow and Financial Health - The net cash flow from operating activities for the first three quarters of 2023 was -34 million CNY, an increase of 89.19% compared to the same period last year [3] - In Q3 2023, the net cash flow from operating activities improved to 127 million CNY [3] - The company's debt-to-asset ratio decreased from 54.39% at the end of Q2 to 49.67% at the end of Q3, a reduction of 4.72 percentage points [3] Strategic Focus and Future Plans - The company aims to adjust its product structure and increase investments in automotive lightweighting, 3C consumer electronics, and new energy sectors [4] - Future projects include the "800,000 tons/year high-strength and high-toughness aluminum alloy materials project (Phase II)" and the "1.2 million tons/year lightweight high-strength aluminum alloy materials project (Phase II)" [6] - The company is also focusing on expanding its overseas presence, particularly in Vietnam and Mexico [6] Market Position and Competitive Advantage - The company has established a strong market position in recycled aluminum, leveraging its extensive recovery channels and advanced recycling technology [5] - Despite competition in the recycled aluminum market, the company maintains a competitive edge through its 100% premium recycling and processing capabilities [5]