Securities code: Zhuhai Cosmx Battery Co.Ltd(688772) securities abbreviation: Zhuhai Cosmx Battery Co.Ltd(688772)
Zhuhai Cosmx Battery Co.Ltd(688772) investor relations activity record
(March 2022)
No.: 2022001
□ specific object research □ analyst meeting
□ media interview □ performance briefing
Investor relations activities
□ press conference □ Roadshow
category
□ site visit □ one-to-one communication
□ others
13:30-14:30, March 2, 2022 (teleconference)
China Merchants Securities Co.Ltd(600999) , Zhongrong fund, zhaotu investment, Yunnan Energy Investment Co.Ltd(002053) capital, Yude investment, Yinhua Fund, Tibet yuanlesheng asset management, Tongyu investment, Tianjin Huapu asset management, Tianhong fund, Taiping pension, Shenzhen happy time, qianhaideyi asset management, Shenzhen newus investment, Shenzhen Chengnuo asset management, Puyin AXA, Penghua Fund, Panjing investment, Nanfang fund, Minsheng Canada Bank Jiutai fund, CCB fund, Giff venture capital, Chinese participating units and personnel
Tai fund, Guoshou pension, guolian’an fund, Guangdong Tianchuang private equity, Guangdong Jingcheng asset management, Dongfang Fuhai, dantai capital, Danshui spring, Damo Huaxin, Dacheng Fund, ChuangJin Hexin, fufuju, Boshi fund, Beijing Zundao asset management, Beijing Dongfang Chuntao, Centennial insurance asset management, Yongjin asset management, Jingtai Lifeng, Franklin Templeton, Dongfang Fuhai Yunnan energy Financial Holding Co., Ltd.
Time: 13:30-14:30, March 2, 2022
Location: company conference room – online conference
Niu Yuhong, Secretary of the board of directors
Financial director Liu Mingzhuo
Receptionist
He Keke, securities affairs representative of the Securities Department
Zhai Yan, director of investor relations of Securities Department
Main contents of investor relations activities:
Main content introduction 1. Brief introduction to the company’s performance?
A: at present, the total operating revenue of the company in 2021 is 103473665 million yuan, an increase of 48.58% over the same period of last year; The operating profit was 1024519300 yuan, an increase of 4.31% over the same period of last year; The total profit was 1026428100 yuan, an increase of 9.74% over the same period of last year; The net profit attributable to the owners of the parent company was 9473222 million yuan, an increase of 15.95% over the same period last year. As of December 31, 2021, the total assets of the company were 160934257 million yuan, an increase of 87.51% over the beginning of the year, and the owner’s equity attributable to the parent company was 62997544 million yuan, an increase of 94.07% over the beginning of the year.
The original value balance of inventory at the end of 2021 increased by about 1.18 times compared with that at the end of 2020. The company accrued 2042747 million yuan of inventory falling price reserves in 2021.
The above main financial data are preliminary accounting data and have not been audited by an accounting firm. The specific data shall be subject to the regular report of the company in 2021.
2. What is the scale of the company’s plan to build a new high-performance lithium-ion battery project in Chongqing? Or a soft pack battery?
A: the total investment of Chongqing project is expected to be 4 billion yuan to build six intelligent production lines of high-performance new lithium-ion batteries, forming a capacity scale of 15gwh high-performance new lithium-ion batteries per year, mainly energy storage batteries. In the future, square aluminum shell batteries may be comprehensively considered according to market conditions, company strategy, project capacity and other factors.
3. Whether the price rise of materials has an impact on the company and whether the price rise of materials can be transmitted to the client?
A: the price rise of materials has a great impact on the company. The average market price of lithium cobaltate in 2021 is more than 80% higher than that in 2020. As the main raw material of the company’s products, the price rise of lithium cobaltate leads to the increase of the company’s unit production cost to a certain extent, while the sales price lags behind the price rise of raw materials.
4. What is the current progress and motivation of Zhejiang?
A: the Zhejiang project plans to build a lithium-ion power battery with an annual output of 10gwh. According to the needs of customers, it is planned to build a plant with an annual output of 4gwh and start building a plant with an annual output of 6gwh. The construction period is expected to be 36 months, subject to the actual situation.
5. What is the input-output ratio and expectation of Chongqing energy storage and Zhejiang power?
A: at present, we are still in the preliminary planning and construction stage.
6. Can you introduce the development and planning of power and energy storage customers?
A: the company’s power battery business is still in its infancy and currently has a small market share, but the company attaches importance to the development of power battery field. It has established three wholly-owned subsidiaries Zhuhai Cosmx Battery Co.Ltd(688772) Power Battery Co., Ltd. Zhuhai Cosmx Battery Co.Ltd(688772) power supply Co., Ltd. and Zhejiang Guanyu Battery Co., Ltd. and established a perfect R & D team. At present, the company has obtained the notice of fixed-point 12V lithium battery of Zhiji LS7 model, Subsequent major progress will also be announced in time. The company plans to gradually extend from the current business of automobile start and stop batteries and electric motorcycle batteries to pure electric vehicle batteries, and cut into the supply chain of mainstream car manufacturers in this way. Energy storage
On the other hand, in the early contact and planning stage, it is planned to cut from household energy storage and communication energy storage to industrial and commercial energy storage.
7. What is the future capacity planning of consumer companies?
A: the company’s IPO fund-raising investment project focuses on the expansion of production of consumer batteries. At present, it is under construction. If there are subsequent major investment projects, the obligation of information disclosure will be fulfilled as required.
8. Can you introduce the gross profit margin of the company?
A: investors can pay attention to the information disclosed in the annual report.
During the reception, the company had full exchanges and communication with investors, and in strict accordance with the company’s information disclosure management system and other regulations to ensure the authenticity, accuracy, integrity, timeliness and fairness of information disclosure. There is no disclosure of undisclosed major information, and the research object is required to sign the research commitment.
List of accessories (if any)
Date: March 2022
