TINCI(SZ:002709)2022-12-07 08:56Financial Performance - In 2014, the company achieved operating revenue of 705.69 million yuan, a year-on-year increase of 18.39% [1] - Revenue from personal care materials grew by 20.44%, while sales volume of lithium-ion battery materials increased by 63.70%, resulting in a revenue growth of 28.17% [1] - The net profit attributable to the parent company decreased by 24.34%, primarily due to reduced financial subsidies and increased sales expenses [3] Market and Business Development - The company upgraded its international client base in personal care materials, supplying to top ten multinational companies, achieving approximately 30% growth in export business through foreign distributors [3] - In 2014, the company developed key clients such as Sony and BYD in lithium-ion battery materials, maintaining a competitive market advantage in power lithium battery electrolyte [3] Production Capacity and Projects - In 2014, the company fully launched a 6000t/a lithium battery and power battery materials project, and a 3000t/a water-soluble polymer resin project successfully entered trial production [3] - The 1000t/a lithium-ion battery electrolyte project is expected to commence production in May 2015 [3] Future Outlook - The company anticipates improved profitability in personal care materials in 2015 due to stabilized raw material prices and the release of production capacity for key ingredients [5] - The average gross margin for electrolytes is expected to decline slightly, but the company remains competitive due to cost advantages from self-produced lithium hexafluorophosphate [5] - The domestic personal care industry is projected to grow at an average rate of about 10%, with the company planning to enhance its product structure to improve revenue [5]