I. Important Notes
This annual report summary is derived from the full annual report. To fully understand the company's operating results, financial position, and future development plans, investors should carefully read the full annual report on the media designated by the CSRC.
All directors attended the board meeting to review this report.
The audit opinion issued by Tianjian Certified Public Accountants (Special General Partnership) for the company's annual financial report is: Unqualified opinion with an emphasis of matter paragraph.
Non-standard audit opinion prompt:
Applicable [ ] Not applicable [x]
The company was not profitable at the time of listing and has not yet achieved profitability:
Profit distribution plan or capital reserve conversion plan for the reporting period reviewed by the Board of Directors:
The company plans not to distribute cash dividends, not to issue bonus shares, and not to convert capital reserves into share capital.
Profit distribution plan for preferred shares for the reporting period approved by the Board of Directors:
Applicable [ ] Not applicable [ ]
II. Company Profile
1. Company Introduction
| Stock Abbreviation | Tianli Lithium Energy | Stock Code | 301152 |
|---|---|---|---|
| Stock Exchange | Shenzhen Stock Exchange | ||
| Contact Person | Board Secretary | Securities Affairs Representative | |
| Name | Sui Jianxi | [blank] | |
| Office Address | No. 1618, Xinqi Street, Muyi District, Xinxiang City, Henan Province | ||
| Fax | 0373-7075928 | ||
| Telephone | 0373-7075928 | ||
| xxtlln@163.com |
2. Overview of Main Business or Products During the Reporting Period
(I) Main Business and Products
During the reporting period, the company was primarily engaged in the R&D, production, and sales of lithium battery materials. Core products include ternary materials, lithium iron phosphate, and lithium carbonate. Ternary materials are the company's primary product, widely used in the manufacturing of lithium-ion batteries such as power batteries and energy storage batteries, serving new energy vehicles, electric bicycles, electric tools, and 3C fields.
(II) Business Model
The company's business model is continuously explored and optimized to adapt to the fast-paced technological iteration, intense market competition, and strong policy orientation of the lithium battery materials industry.
- Procurement Model
During the reporting period, the company's main raw materials included ternary precursors, iron phosphate, lithium carbonate, lithium hydroxide, and other precursors. The company adheres to a "procurement based on production" model, dynamically adjusting procurement strategies to control costs.
- Production Model
The company mainly adopts an "order-based production" model, formulating production plans based on customer orders and medium-to-long-term demand forecasts.
- Sales Model
The company primarily uses direct sales, targeting well-known domestic lithium battery enterprises such as SVOLT, Xingheng Power, Changhong New Energy, Haisida, Hengdian Group DMEGC Magnetics, and EVE Energy.
3. Key Accounting Data and Financial Indicators
(1) Key Accounting Data and Financial Indicators for the Last Three Years
Does the company need to retrospectively adjust or restate previous years' accounting data?
Yes [x] No [ ]