Core Viewpoint - Tianqi Lithium Industries (09696) is experiencing a decline in stock price, currently down over 4%, with a trading price of HKD 41.58 and a transaction volume of HKD 48.6 million [1] Group 1: Fundraising and Strategic Development - The company plans to issue 65.05 million H-shares at a price of HKD 45.05 per share and issue convertible bonds totaling RMB 2.6 billion, expecting to raise a net amount of approximately HKD 58.29 billion [1] - The raised funds will support the company's strategic development in the lithium sector, including capital expenditures for project development and optimization, as well as acquisitions of quality lithium mining assets [1] Group 2: Asset Liquidity and Risks - Tianqi Lithium intends to opportunistically dispose of its stakes in affiliated companies, including Zhongchu Innovation and SQM, to enhance asset liquidity [1] - Following the resolution of the Chilean lithium salt lake dispute, the company faces the risk of losing control over its core lithium business due to the establishment of a public-private partnership with SQM, which could significantly impact investment returns and dividends [1] - The company's lithium resource rights and production capacity are expected to decline as a result of these developments [1]

Core Viewpoint - Tianqi Lithium Industries (002466)(09696) has seen a decline of over 4%, currently trading at 41.58 HKD, with a transaction volume of 48.6 million HKD. The company announced plans to issue 65.05 million H-shares at a price of 45.05 HKD per share and issue convertible bonds totaling 2.6 billion RMB, aiming to raise approximately 5.829 billion HKD for strategic development in the lithium sector [1] Group 1 - The fundraising will support the company's strategic development in the lithium field, including capital expenditures for project development and optimization, as well as acquisitions of quality lithium mining assets [1] - Tianqi Lithium plans to dispose of part of its equity in joint ventures with Zhongjin Innovation and SQM to enhance asset liquidity [1] - Recent resolution of the Chilean lithium salt lake dispute poses a risk of Tianqi Lithium losing control over its core lithium business, which could significantly impact investment returns and dividends [1]

Group 1 - The core point of the article highlights the significant decline in the performance of the Penghua Nonferrous ETF (159880), which opened down by 5.31% at 2.070 yuan on February 6 [1] - Major holdings within the Penghua Nonferrous ETF experienced notable drops, including Zijin Mining down 5.07%, Luoyang Molybdenum down 5.28%, and Northern Rare Earth down 2.71% [1] - The performance benchmark for the Penghua Nonferrous ETF is the National Index of Nonferrous Metals Industry, managed by Penghua Fund Management Co., Ltd., with a return of 118.31% since its inception on March 8, 2021, and a recent one-month return of 9.33% [1]

Core Viewpoint - Tianqi Lithium is optimizing its financial structure and strategic layout through capital operations, including fundraising and asset disposal, to strengthen its position in the lithium sector [2][9]. Fundraising Details - Tianqi Lithium plans to issue 65.05 million H-shares at a price of HKD 45.05 per share, raising approximately HKD 58.607 billion, with a net amount of about HKD 58.29 billion after fees [3][4]. - The company will also issue zero-coupon convertible bonds totaling RMB 2.6 billion, convertible into H-shares at an initial price of HKD 49.56 per share [3][4]. Use of Proceeds - The funds raised will support strategic development in the lithium sector, including project development, capital expenditures, and acquisitions of quality lithium assets [4][10]. - Remaining funds will be used to supplement working capital and for general corporate purposes [4]. Financial Performance - Tianqi Lithium expects a net profit attributable to shareholders of RMB 369 million to RMB 553 million for 2025, with a non-recurring profit of RMB 240 million to RMB 360 million, indicating a turnaround from previous losses [9]. - The company has seen improvements in profitability despite market fluctuations in lithium product prices, aided by better pricing mechanisms and reduced impairment losses [9]. Asset Disposal - The company plans to dispose of part of its equity in its associate companies, including 2.02172 million shares of Zhongchuang Innovation and 3.566 million shares of SQM, to enhance asset liquidity [10][11]. - The book value of the SQM shares to be disposed of is approximately USD 206 million (RMB 143.4 million), while the shares of Zhongchuang Innovation have a book value of HKD 516 million (RMB 45.9 million) [10].

Core Viewpoint - Tianqi Lithium Industries (002466) reported that as of January 30, 2026, the number of A-share shareholders is 287,600, with institutional shareholders accounting for 4,414 of that total [1] Group 1 - The total number of A-share shareholders for Tianqi Lithium Industries is 287,600 [1] - The number of institutional shareholders among A-share shareholders is 4,414 [1]

Group 1 - The core point of the article is that Tianqi Lithium Industries (002466) reported its A-share shareholder count as of January 30, 2026, which stands at 287,600 households [1]

Group 1 - Tianqi Lithium Industries, Inc. announced plans to issue new H-shares and convertible bonds, aiming to raise approximately HKD 58.61 billion, with a net amount of about HKD 58.29 billion to support its strategic development in the lithium sector [1] - The company plans to issue 65.05 million new H-shares at a price of HKD 45.05 per share and issue convertible bonds with a total principal amount of RMB 2.6 billion, maturing on February 9, 2027, with an initial conversion price of HKD 49.56 per share [1] - The proceeds from the issuance will be used for capital expenditures related to project development, acquisitions of quality lithium assets, and to supplement working capital and general corporate purposes [1] Group 2 - Tianqi Lithium's lithium salt production capacity has been strengthened with the successful internal testing of battery-grade lithium hydroxide from its Jiangsu Zhangjiagang project, and the first batch of chemical-grade lithium concentrate from its Australian project [2] - The company is expected to complete its pilot project for lithium sulfide production by the second half of 2026, which will support the industrialization of core materials for next-generation solid-state batteries [2] - Market analysts believe that the financing will accelerate resource and capacity expansion for Tianqi Lithium, enhancing its industry consolidation capabilities and providing resources for acquiring quality assets during a low cycle in the industry [2]

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: | 2026年1月31日 | | | | | 狀態: 新提交 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | | | | | | 公司名稱: | 天齊鋰業股份有限公司 | | | | | | | | | 呈交日期: | 2026年2月5日 | | | | | | | | | 法定/註冊股本變動 | 不適用 | | | | | | | I. | | 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | 是 | + | 1. | | 證券代號 (如上市) | 09696 | 說明 | | | | | | | | 增加多櫃檯證券代號 | | | | | | | | | | 手動填寫 | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | | 上月底結存 | | | 164,122,200 RMB | | 1 RMB | | 164,122,2 ...

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: 2026年1月31日 狀態: 新提交 致：香港交易及結算所有限公司 本月底法定/註冊股本總額： RMB 1,641,194,983 備註： 第 1 頁 共 11 頁 v 1.2.0 FF301 公司名稱: 天齊鋰業股份有限公司 呈交日期: 2026年2月5日 I. 法定/註冊股本變動 | 1. 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) | 09696 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 164,122,200 | RMB | | | 1 RMB | | 164,122,200 | | 增加 / 減少 (-) | | | 0 | | | | RMB | | 0 | | 本月底結存 | | | 1 ...

格隆汇2月5日丨天齐锂业(002466.SZ)在互动平台表示，奎纳纳目前仍处于产能爬坡与持续优化阶段， 其经营表现受原料供应、爬坡进展、市场情况等多重因素综合影响。目前，公司持续优化奎纳纳工厂运 营、降低生产成本、提升整体生产效率。相关产品已通过下游客户认证并实现对外销售。公司将持续强 化经营管理，切实维护广大投资者的合法权益。 ...