Dowstone(SZ:300409)2022-12-03 09:08Financial Performance - In the first three quarters of 2018, the company achieved operating revenue of 2.613 billion CNY, representing a year-on-year growth of 135.43% [2] - The net profit attributable to shareholders reached 212 million CNY, with a year-on-year increase of 91.23% [2] - The company maintains a leading position in ceramic materials, with rapid growth in graphene and carbon nanotube conductive agents, as well as cobalt material businesses [2] Production Capacity - For 2018, the planned production capacity for MJM cobalt intermediates and electrolytic copper is 2,000 metal tons and 6,000 metal tons, respectively [2] - In 2019, the production capacity for MJM cobalt intermediates and electrolytic copper is expected to reach 6,000 metal tons and 12,000 metal tons [2] - The production capacity for cobalt salts and ternary precursors in 2018 is 6,000 metal tons and 12,000 physical tons, respectively [3] - The planned production capacity for cobalt salts and ternary precursors in 2019 is projected to be 12,000 metal tons and 42,000 physical tons [3] - Qingdao Haoxin has a current production capacity of 10,000 tons/year for conductive agents, which is expected to increase to 17,200 tons/year in 2019 [3] Client Relationships - Qingdao Haoxin has established long-term partnerships with major clients such as BYD and Guoxuan High-Tech, which are significant players in the domestic power battery production sector [4] - The company is also in business and technical negotiations with other domestic power battery enterprises, including CATL, and is expanding its customer base [4]