恩捷股份(002812) - 2022年06月22日投资者关系活动记录表

Group 1: Company Strategy and Market Position - The company aims to capture 50% of the global separator market share by 2025, driven by strong demand and market growth exceeding industry expectations [2] - The company has established a joint venture for the R&D and production of semi-solid battery separators, indicating a proactive approach to evolving battery technologies [2] - The company maintains a stable supply of separators without significant price increases, ensuring good supply security for customers [2] Group 2: Financial Performance and Cash Flow - The company has experienced rapid revenue growth, particularly in the last two quarters of the previous year, leading to a higher accounts receivable balance at the end of the period [3] - The company’s cash conversion cycle differs from competitors due to its large scale in separator business and proactive capacity preparation [3] Group 3: Equipment and Production Capacity - The company collaborates with multiple suppliers for production line equipment, ensuring a stable supply chain and considering domestic equipment as a supplementary option [3] - The verification process for new equipment involves a lengthy certification period, typically 1-2 years for domestic clients and over 2 years for international clients [4] Group 4: Technology and Innovation - The company has developed and patented numerous coating technologies, ensuring comprehensive patent coverage in the global market [3] - Online coating technology is highlighted for its efficiency in reducing material waste and lowering costs while improving product quality [4] Group 5: Market Expansion and Global Strategy - The company has established production bases in Europe and the U.S. to provide localized supply services, aiming to capture a larger share of the international market [4] - The company anticipates maintaining a price differential between domestic and international markets due to stricter quality requirements from overseas clients [4] Group 6: Impact of External Factors - The company believes that the ongoing geopolitical situation, such as the Russia-Ukraine conflict, will not significantly affect its long-term market strategies, focusing instead on adapting to global market conditions [4]