天赐材料(002709) - 2023年4月18日投资者关系活动记录表

Financial Performance - In Q1 2023, the company achieved operating revenue of 4.314 billion CNY, a decrease of 16.22% year-on-year [2] - The net profit attributable to shareholders was 0.695 billion CNY, down 53.62% year-on-year [2] - The net profit after deducting non-recurring gains and losses was 0.686 billion CNY, a decline of 54.11% year-on-year [2] - Basic earnings per share were 0.36 CNY, with a weighted average return on net assets of 5.54% [2] Market Conditions - The lithium carbonate price volatility and downstream customer inventory reduction have significantly impacted the lithium battery materials industry [2] - The company aims to increase market share by implementing cost reduction and efficiency enhancement measures [2] Product Strategy - The company has covered major global lithium battery customers, including core manufacturers of power and energy storage batteries [3] - The company is promoting the use of LiFSI in lithium iron phosphate batteries and aims to reduce costs as production scales up [3] - The expected market price of LiFSI is projected to converge with lithium hexafluorophosphate [3] Inventory and Procurement - The company maintains a strategy of reducing inventory, keeping the full supply chain inventory cycle within 15 days [3] - The current procurement of lithium carbonate includes industrial-grade and battery-grade, both requiring purification [3] Production Capacity - The existing production capacity for lithium hexafluorophosphate is approximately 62,000 tons, with plans to expand to 152,000 tons by mid to late 2023 [4] - The self-supply rate for lithium hexafluorophosphate reached over 95% by the end of Q1 2023, with LiFSI at around 90% [4] Overseas Expansion - The company is advancing its overseas production projects, with an expected revenue contribution from exports maintaining around 5% in 2023 [4] - The pricing model for overseas clients involves longer pricing cycles [4] Future Outlook - The company plans to develop a business layout centered on electrolytes, with collaborative growth in positive electrode and battery auxiliary materials [5] - The company is investing in the fluorine materials sector and has initiated planning for the fluorine materials industry chain [5]