Defang Nano: Company's current production capacity utilization rate remains at a high level

Securities Star News: DeFang Nano (300769) responded to investor questions on the investor relations platform on March 11.

Investor: What is the current capacity utilization rate of the company?

DeFang Nano Secretary: Dear investor, hello. The company’s current capacity utilization rate remains at a high level. Thank you for your attention!

Investor: Hello, I am an investor in DeFang Nano. Is our company’s lithium supplement technology only suitable for liquid batteries? Are there any R&D efforts similar to the organic lithium supplement technology developed by Yongtai Technology? Since future batteries are likely to transition to semi-solid and solid-state batteries, does our company have relevant lithium supplement technology reserves and production plans?

DeFang Nano Secretary: Dear investor, hello. Lithium supplement enhancers are applicable to various lithium-ion cathode materials. Our lithium supplement products are important materials for solid and semi-solid batteries. They are already in practical use with some customers. Based on estimates, solid and semi-solid batteries require greater amounts and different ratios of lithium supplement than current liquid battery systems. Lithium supplement enhancers are being mass-produced for applications in power, energy storage, 3C, and semi-solid batteries. Thank you for your attention!

Investor: What is the production volume of high-voltage lithium iron phosphate?

DeFang Nano Secretary: Dear investor, hello. Our existing capacity is suitable for the production of high-voltage, dense lithium iron phosphate. Thank you for your attention!

Investor: Dear Secretary, does the company have fourth-generation lithium iron phosphate that is stably produced and shipped in bulk? Thank you.

DeFang Nano Secretary: Dear investor, hello. The company’s fourth-generation high-voltage, dense lithium iron phosphate products have achieved bulk shipment, with increasing volume and proportion. Thank you for your attention!

Investor: The severe geopolitical situation in the Middle East has caused a surge in crude oil prices. If this continues, it may accelerate the development of global new energy vehicles and energy storage businesses. Which downstream companies does the company cooperate with for energy storage lithium iron phosphate? Also, in January, some competitors raised the processing fee for lithium iron phosphate cathodes by over a thousand yuan per ton. Has the company followed suit with price increases?

DeFang Nano Secretary: Dear investor, hello. The company cooperates with major lithium battery manufacturers. We have completed market-based negotiations with customers regarding product price adjustments and have implemented them, further maintaining long-term stable strategic partnerships. Thank you for your attention!

Investor: A few days ago, BYD announced new batteries using lithium manganese iron phosphate. Which battery manufacturers does the company’s lithium manganese iron phosphate supply?

DeFang Nano Secretary: Dear investor, hello. Our lithium manganese iron phosphate has obvious performance advantages in power batteries and has been used in multiple vehicle models. Thank you for your attention!

Investor: Some listed companies have voluntarily disclosed their operations for January and February. The company’s performance in the secondary market seems inconsistent with market expectations. Given the upstream export-driven background, and based on rational analysis that our products lead peers in quality, the capacity utilization rate should be close to full capacity this year, with positive performance expectations. We hope the company will voluntarily disclose January-February data. Additionally, with the sharp rise in lithium carbonate prices, is the market’s expectation of the company affected? How does the company respond to the sustained high levels of lithium carbonate?

DeFang Nano Secretary: Dear investor, hello. Thank you for your suggestions. The company actively expands lithium source supply channels, establishing stable cooperation with raw material suppliers to reduce costs through large-scale procurement. We also strengthen market analysis, dynamically adjust procurement and inventory strategies based on supply-demand and price trends, and may conduct hedging operations when appropriate to reduce price fluctuation impacts. Thank you for your attention!

The above content is compiled from publicly available information by Securities Star, generated by AI algorithms (Network Information Calculation Backup 310104345710301240019), and does not constitute investment advice.