2025 Annual Report
Important Notice, Table of Contents, and Explanation
The company's board of directors and senior management ensure the truthfulness, accuracy, and completeness of the annual report's content, without any false records or misleading statements, and bear individual and joint legal responsibilities.
The person in charge of the company is Xu Jin, the main accountant responsible for the report and the accounting organization, and the person in charge of the main accounting work (the accountant) is [blank]; ensuring the truthfulness, accuracy, and completeness of the financial report in this annual report.
All matters discussed have been submitted to the board of directors for review.
This report outlines future planning, development strategies, and other characteristics, which do not represent the company's profit forecast. The company should reasonably understand the risks involved, and investors should pay attention to relevant risks.
The company refers to the "Third Section: Management Discussion and Analysis" in "Eleven: Company's Future Development Plan," detailing potential risks in the company's operations and inviting investors to pay attention to related content.
The company requires compliance with the Shenzhen Stock Exchange's self-regulatory guidelines in the "Industry Information Disclosure" section regarding the chemical industry and related businesses.
The company has proposed a profit distribution plan approved by the board of directors, based on the 2025 profit distribution plan, to distribute a total of 0 shares for every 10 shares held, with a cash dividend of 3 yuan (including tax), and no bonus shares.
Table of Contents
-
Important Notice, Table of Contents, and Explanation 2
-
Company Profile and Key Financial Indicators 7
-
Management Discussion and Analysis 11
-
Corporate Governance, Environment, and Society 36
-
Important Matters 57
-
Stock Changes and Stock Situation 68
-
Bond Situation 73
-
Financial Report 76
Appendix Document Directory
-
The company’s legal representative, the main accountant, and the accounting organization’s financial report.
-
The company’s accounting firm’s registration, and the audit report of the accounting firm.
-
The company’s legal representative’s annual report documents.
-
All documents disclosed during the reporting period on the China Securities Regulatory Commission’s website and the company’s official documents.
Explanation
| Explanation Item | Explanation Content |
|---|---|
| China Securities Regulatory Commission | The regulatory body overseeing the securities market in China. |
| Company Name | Guangzhou Tinci Materials Technology Co., Ltd. |
| Stock Name | Tinci Materials |
| Stock Code | 002709 |
| Company’s Chinese Name | 天赐材料 |
| Company’s English Name | Tinci Materials Technology Co., Ltd. |
| Company’s Registered Address | [blank] |
| Company’s Business License Number | [blank] |
| Company’s Legal Representative | [blank] |
| Company’s Registered Capital | [blank] |
| Company’s Contact Information | [blank] |
| Company’s Email Address | [blank] |
1. Major Business Activities
The company continues to engage in the main business of manufacturing and selling new energy materials, including lithium-ion battery materials, and has made significant progress in the development of new products.
2. Financial Overview
| Item | 2025 Amount | 2024 Amount | Change (%) |
|---|---|---|---|
| Total Revenue | 16,649,892,556.28 | 12,518,297,342.63 | 33.00% |
| Revenue from Lithium-ion Battery Materials | 15,000,539,053.67 | 10,974,225,487.87 | 37.14% |
| Revenue from Chemical Products | 1,284,576,597.36 | 1,160,567,349.33 | 10.69% |
| Other Revenue | 314,776,905.25 | 383,504,505.43 | -17.92% |
3. Revenue and Cost Structure
(1) Revenue Composition
| Business Segment | Revenue (CNY) | Percentage of Total Revenue (%) |
|---|---|---|
| Lithium-ion Battery Materials | 15,000,539,053.67 | 90.39% |
| Chemical Products | 1,284,576,597.36 | 7.72% |
| Other | 314,776,905.25 | 1.89% |