SACRED SUN(SZ:002580)2022-11-14 08:19Group 1: Company Performance and Financials - The company achieved a revenue of ¥586,922,515.63 in Q1 2023, with a net profit of ¥45,572,538.74 attributed to shareholders [8] - The company has maintained a high growth trajectory over the past three years, focusing on enhancing its core business and expanding its lithium battery segment [9] - The company aims to achieve a high-quality leap in development by providing competitive battery and power system solutions [10] Group 2: Lithium Battery Project - The cylindrical lithium battery project is currently in the material debugging phase and is expected to commence production in the first half of 2023 [3][8][9] - The project is anticipated to significantly contribute to the company's profits once operational, although specific profit percentages are not yet available [3] - The company is actively planning market development and resource reserves for both domestic and international markets in anticipation of the project's launch [9] Group 3: Market Strategy and Partnerships - The company has established ongoing business collaborations with major tech firms like Huawei and Baidu, focusing on providing backup power and energy storage solutions [3][4] - The company is involved in the formulation and revision of over 70 energy storage standards, including more than 20 national standards [4] - The company is expanding its market strategy to enhance its presence in data center projects, having won multiple procurement bids in this sector [6][10] Group 4: Future Outlook and Growth Plans - The company is committed to strengthening its core business in lead-acid batteries while expanding its lithium battery market share [5][9] - The company is focused on optimizing market and customer structures to ensure stable growth in operating performance [5] - The company is exploring new technologies, including sodium-ion batteries, to maintain a competitive edge in the energy storage market [10]