合纵科技(300477) - 2017年6月16日投资者关系活动记录表

Group 1: Company Overview - Hunan Yacheng operates in the new energy and new materials sector, focusing on lithium battery cathode materials, which are essential for mobile phone batteries and electric vehicle power batteries [2] - The company has established strong partnerships with major clients such as Samsung SDI and Taifeng Xianxing, leveraging its production and R&D experience [2] - Currently, the cobalt and iron series products are in high demand, necessitating capacity expansion [2] Group 2: Production and Sales Data - Recent sales figures for cobalt oxide: March - 240 tons, April - 240 tons, May - 220 tons; annual production capacity is 2,000 tons [3] - Market price for cobalt oxide is currently between 350,000 to 370,000 CNY per ton, with a gross margin of 20% [3] - Sales to Taifeng Xianxing in 2016 amounted to 10,174.65 million CNY, accounting for 26.42% of total revenue [3] Group 3: Future Plans and Projections - Plans to increase cobalt production line capacity by 30% through optimization and to reach a total capacity of 15,000 tons for the iron series by early 2018 [2] - The company aims for revenue targets of 3 billion CNY in 2018 and 5 billion CNY by 2020 [5] - Future business development will transition from a single supplier to a comprehensive service provider, including design, engineering, equipment, and operation maintenance [4]