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9月25日）

Group 1: Financial Performance and Pricing Strategy - The company's aluminum processing business has a gross profit margin of only 3.4%, with pricing based on "aluminum benchmark price + processing fee" [2] - The impact of aluminum price fluctuations on the company's profitability is relatively limited, as costs are primarily borne by downstream customers [3] Group 2: Project Progress and Challenges - The two fundraising projects, "Annual Production of 800,000 Tons of High-Strength and High-Toughness Aluminum Alloy Materials (Phase II)" and "Annual Production of 1.2 Million Tons of Lightweight High-Strength Aluminum Alloy Materials (Phase II)", started construction in January 2022 but faced delays due to global public health events and supply chain issues [3] - The average delivery cycle for imported advanced equipment for these projects is 12-24 months, extending the implementation period [3] - Funding for the projects was completed in August 2023, which had previously affected the construction progress [3] Group 3: Order Status and Production Capacity - The company reports that product orders and production line capacity are currently normal [3] - There are no additional overseas investment projects apart from those in Vietnam and Mexico, which are progressing as planned [4] Group 4: Strategic Partnerships - The company has a cooperative relationship with BYD, a leading player in the new energy vehicle sector, but specific details about the expansion of this partnership cannot be disclosed due to confidentiality requirements [4]