Core Viewpoint - Ganfeng Lithium has successfully commenced production at the Goulamina lithium spodumene project in Mali, marking a significant step in the company's resource layout in Africa and enhancing its lithium resource self-sufficiency and profitability [1][2] Group 1: Project Details - The Goulamina lithium spodumene project is located in southern Mali and is one of Africa's largest lithium mines, covering an area of approximately 100 square kilometers [2] - The total explored ore resource at Goulamina is about 211 million tons, corresponding to approximately 7.14 million tons of lithium carbonate equivalent (LCE), with an average lithium oxide grade of 1.37% [2] - The first phase of the project has a planned annual production capacity of 506,000 tons of lithium concentrate, with a second phase expansion planned to increase capacity to 1 million tons [2] Group 2: Strategic Developments - Ganfeng Lithium's subsidiary, Ganfeng International, has completed the acquisition of a 40% stake in Mali Lithium for $342.7 million, further solidifying its position in the lithium market [1] - The company has secured 100% of the off-take rights for the first phase of production, which will allow it to capitalize on the resource advantages and enhance its cost competitiveness in the global market [2]

Group 1 - Guizhou Moutai has repurchased a total of 3.3821 million shares as of June 30, 2025, accounting for 0.2692% of the total share capital, with a total expenditure of 5.202 billion yuan [2] - Luxshare Precision is planning to issue H-shares and list on the Hong Kong Stock Exchange to enhance its global financing capabilities and governance transparency [2] - Huazhong Xinchuang has received a project notification from a leading domestic eVTOL manufacturer for the development and supply of an intelligent cockpit multimedia display system [3] Group 2 - Meinohua expects a net profit of 46 million to 52 million yuan for the first half of 2025, representing a year-on-year increase of 142.84% to 174.52% [4] - Jiangnan Water has received a report from shareholder Lianan Life Insurance indicating an increase in shareholding by 46.99 million shares, representing 5.03% of the total share capital [5] - Huasen Pharmaceutical has received approval for clinical trials of its CX001 sustained-release tablets, marking a milestone for its innovative drug development platform [6] Group 3 - Zongshen Power anticipates a net profit growth of 70% to 100% for the first half of the year [7] - Yutong Bus reported a sales volume of 5,919 units in June, a year-on-year increase of 24.79% [7] - Guangzhou Port expects a 7.0% year-on-year increase in container throughput for June 2025 [7] Group 4 - Data Port's shareholders plan to reduce their holdings by up to 1.74% and 0.26% of the company's shares [9] - Humanwell Healthcare's shareholder plans to increase its stake by 1% to 2% [9] - Nengte Technology plans to repurchase shares worth between 300 million to 500 million yuan [10]

证券代码：002460 证券简称：赣锋锂业 编号：临2025-083 特此公告。 江西赣锋锂业集团股份有限公司 董事会 2025 年 7 月 3 日 本公司及其董事会全体成员保证公告内容真实、准确和完整，无 虚假记载、误导性陈述或者重大遗漏。 江西赣锋锂业集团股份有限公司（以下简称"公司"）于 2025 年 5 月 6 日召开第五届董事会第七十八次会议审议通过了《关于收购 Mali Lithium 公司部分股权涉及矿业权投资的议案》，同意全资子公司赣 锋国际有限公司（以下简称"赣锋国际"）拟以自有资金 3.427 亿美 元向 Leo Lithium Limited（以下简称"Leo Lithium"）收购旗下 Mali Lithium B.V.（以下简称"Mali Lithium"）剩余 40%股权，授权公司 经营层全权办理本次交易的相关事宜。（详见公告：2024-032） 近日，公司已向Leo Lithium交付收购Mali Lithium股权的全部对 价款，并完成股权交割工作。截至本公告披露日，公司持有Mali Lithium100%股权，Mali Lithium旗下马里Goulamina锂辉石项目一期 ...

致：香港交易及結算所有限公司 公司名稱: 江西贛鋒鋰業集團股份有限公司 呈交日期: 2025年7月2日 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年6月30日 狀態: 新提交 | 2. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01772 | 說明 | H股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 403,574,080 | RMB | | 1 RMB | | 403,574,080 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 403,574,080 | RMB | | 1 RMB | | 403,574,080 | 本月底法定/註冊股本總額： RMB 2,017,167,779 FF301 I. ...

Core Viewpoint - Ganfeng Lithium has completed the acquisition of 100% equity in Mali Lithium, marking a significant step in its lithium resource expansion in Africa with the commencement of production at the Goulamina lithium spodumene project, which has an annual capacity of 506,000 tons of lithium concentrate [1] Group 1 - Ganfeng Lithium has delivered the full payment for the acquisition of Mali Lithium's equity and completed the equity transfer [1] - The Goulamina lithium spodumene project has officially commenced production, with a first-phase annual capacity of 506,000 tons of lithium concentrate [1] - This acquisition signifies a substantial advancement in the company's lithium resource layout in Africa, entering a phase of tangible output [1]

Core Viewpoint - Ganfeng Lithium has successfully completed the acquisition of the remaining 40% stake in Mali Lithium B.V. from Leo Lithium Limited, paying a consideration of $343 million, resulting in full ownership of Mali Lithium [1] Group 1: Acquisition Details - Ganfeng Lithium's wholly-owned subsidiary, Ganfeng International, has finalized the acquisition of the remaining 40% stake in Mali Lithium B.V. [1] - The total payment for the acquisition was $343 million [1] Group 2: Production and Operations - Ganfeng Lithium now holds 100% ownership of Mali Lithium [1] - The first phase of the Goulamina spodumene project in Mali has commenced production, with an annual capacity of 506,000 tons of lithium concentrate [1] - The export transportation line for lithium ore from Mali to China has been successfully established, marking a significant step in the company's resource layout in Africa [1]

固态电池因高能量密度和高安全性优势加速产业化突破。 固态电池相关港股： 龙蟠科技（02465）：公司全资子公司江苏三金锂电科技有限公司涉及固态电池三元前驱体的开发工 作，目前仍处于研发试用阶段，部分前驱体材料已小批量送样到头部企业并通过客户测试，但暂未对外 销售产生收入，对公司整体业绩暂不构成重大影响。 赣锋锂业（01772）：公司已形成固态电池全链路布局，覆盖硫化物电解质及原材料、氧化物电解质、 金属锂负极等关键环节。公司同步推进硅基与锂金属负极双路线，其中400Wh/kg电池循环寿命突破800 次并完成工程验证；首款500Wh/kg级10Ah产品实现小批量量产。硅基体系实现320-450Wh/kg产品梯度 布局，其中320Wh/kg电芯循环寿命突破1000次。公司将充分发挥上下游产业一体化协同优势，持续加 大研发力度，推动固态电池商业化进程，促进能源转型与产业升级。 天齐锂业（09696）：公司已完成下一代固态电池关键原材料硫化锂产业化相关支持工作，累计与十余 家下游客户进行打样。目前公司硫化锂产品暂未量产，但公司已完成硫化锂产业化相关工艺、设备开发 及验证，已形成完整的产业化数据包，将使公司拥有硫化锂快 ...

Summary of Key Points Core Viewpoint - The company, Jiangxi Ganfeng Lithium Co., Ltd., has approved a total guarantee amount of RMB 3,635 million for its subsidiaries to support their development and operational needs, with specific allocations based on their debt ratios [1][12]. Group 1: Guarantee Overview - The company has agreed to provide a joint liability guarantee of RMB 2,521 million to its subsidiaries and an additional RMB 1,114 million for inter-subsidiary guarantees, totaling RMB 3,635 million [1]. - The guarantee is valid for 12 months from the date of approval by the shareholders' meeting, allowing for adjustments among the guarantee amounts [1]. Group 2: Financial Data of Minera Exar S.A. - Minera Exar S.A., an Argentine mining and exploration company, is 46.67% owned by the company through its wholly-owned subsidiary [3]. - As of the announcement date, Minera Exar's audited total assets are USD 194,860.78 million, with total liabilities of USD 145,149.54 million, resulting in a net asset of USD 49,711.24 million [4][5]. - The company's debt ratio is reported at 77.50% as of March 31, 2025 [5]. Group 3: Financial Data of Subsidiaries - Xinyu Ganfeng Lithium Co., Ltd. has total assets of RMB 97,087.27 million and total liabilities of RMB 76,910.84 million, with a net asset of RMB 20,176.43 million [6]. - Jiangxi Ganfeng Recycling Technology Co., Ltd. has total assets of RMB 160,974.90 million and total liabilities of RMB 92,061.69 million, resulting in a net asset of RMB 68,913.21 million [8]. - Jiangxi Ganfeng Lithium Battery Technology Co., Ltd. has total assets of RMB 1,811,957.66 million and total liabilities of RMB 1,076,984.64 million, with a net asset of RMB 734,973.02 million [9]. Group 4: Guarantee Contracts - The company has signed a maximum guarantee contract with Postal Savings Bank for RMB 50 million for its subsidiary Xinyu Ganfeng [10]. - A supplementary guarantee contract with Pudong Development Bank extends the guarantee period for Jiangxi Ganfeng Recycling Technology Co., Ltd. for RMB 50 million [11]. - A guarantee contract with Bank of China for RMB 60 million is established for Jiangxi Ganfeng Lithium Battery Technology Co., Ltd. [11]. Group 5: Necessity and Reasonableness of Guarantees - The guarantees are deemed necessary to support the operational funding of the subsidiaries and are within the approved limits by the shareholders' meeting [12]. - The company maintains that the guarantees will not affect its ongoing operational capabilities and do not harm the interests of investors, particularly minority shareholders [12].

证券代码：002460 证券简称：赣锋锂业 编号：临2025-082 江西赣锋锂业集团股份有限公司 关于为控股子公司提供担保的进展公告 1、江西赣锋锂业集团股份有限公司(以下简称"公司") 于 2025 年 3 月 28 日召开的第五届董事会第九十一次会议、于 2025 年 6 月 25 日召开 2024 年年度股东大会审议通过了《关于 2025 年度公司及 子公司对外担保额度预计的议案》，为满足公司及子公司的发展和生 产经营需要，同意公司向子公司提供连带责任保证担保额度合计人民 币 2,521,000 万元，同意子公司向子公司提供连带责任保证担保额度 人民币 1,114,000 万元，两项合计担保总额人民币 3,635,000 万元（包 括新增担保和原有担保的展期或续保）。其中公司及子公司向资产负 债率 70%以上的子公司提供总额不超过人民币 1,501,000 万元，向资 产负债率 70%以下的子公司（含新设立暂无财务数据的子公司）提供 总额不超过人民币 2,134,000 万元。本次担保额度在公司股东大会审 议通过此议案之日起 12 个月内有效，担保对象之间可以进行担保额 度调剂，上述额度可以循环使用。 ...

Market Overview - The Hang Seng Index closed down 0.17% at 24,284.15 points, while the Hang Seng Tech Index fell 0.07% to 5,341.43 points, and the Hang Seng China Enterprises Index decreased by 0.47% to 8,762.47 points [2] - The automotive, pharmaceutical, and banking sectors showed weakness, while the metals sector experienced gains [4] Metals Sector Performance - The metals sector saw significant gains, with Jiangxi Copper rising over 7%, Tianqi Lithium and Luoyang Molybdenum both increasing over 6%, and Zijin Mining among the top performers [4] - Notable stock performances included Luoyang Molybdenum at 6.26% with a market cap of 191.02 billion, Tianqi Lithium at 6.78% with a market cap of 56.97 billion, and Ganfeng Lithium at 2.74% with a market cap of 69.64 billion [5] Commodity Price Outlook - Goldman Sachs forecasts that copper prices will peak at approximately $10,050 per ton by August 2025 due to tightening supply in markets outside the U.S. [5] - Ping An Securities reports that the weakening of the U.S. dollar credit system will continue to drive precious metal prices higher, while industrial metals like copper and aluminum are expected to benefit from a loose monetary environment [5] Automotive Sector Dynamics - Xiaomi Group's stock rose by 3.6%, while major automotive stocks like Xpeng Motors, NIO, and BYD saw declines of 3.17%, 1.84%, and 1.19% respectively [6][7] - Market analysts suggest that the automotive sector may be impacted by Xiaomi's competitive pricing strategy for its new YU7 series, with expectations of monthly sales reaching 60,000 to 80,000 units [7] Banking Sector Trends - Chinese bank stocks experienced slight declines, with Luzhou Bank, Chongqing Bank, and China Merchants Bank dropping by 3.49%, 2.91%, and 2.39% respectively [8] - Recent reports indicate that insurance funds have been favoring high-dividend bank stocks, but this trend may be slowing down as investment teams shift focus towards technology innovation board companies [8] Financial Sector Developments - Huaxing Capital Holdings saw a significant intraday rise of nearly 38% before closing up 4.67% at HKD 4.48 per share, following its announcement of a $100 million investment in the Web 3.0 and cryptocurrency asset space [11] - The Hong Kong Securities and Futures Commission announced an increase in position limits for futures and options contracts on major indices, effective July 2, 2025, aimed at enhancing market flexibility [12]