Financial Performance - Tianqi Lithium reported a revenue of 1.2 billion RMB for the first half of 2023, representing a year-on-year increase of 25%[2]. - The company achieved a net profit of 300 million RMB, up 15% compared to the same period last year[2]. - The company's revenue for the first half of 2023 reached ¥24.82 billion, a 73.64% increase compared to ¥14.30 billion in the same period last year[13]. - Net profit attributable to shareholders was ¥6.45 billion, representing a decrease of 37.52% from ¥10.33 billion in the previous year[13]. - The net profit after deducting non-recurring gains and losses was ¥6.41 billion, down 30.93% from ¥9.28 billion year-on-year[13]. - The net cash flow from operating activities increased by 71.31% to ¥12.10 billion, compared to ¥7.06 billion in the same period last year[13]. - Basic and diluted earnings per share were both ¥3.93, a decrease of 43.78% from ¥6.99 in the previous year[13]. - The weighted average return on equity was 12.34%, down 45.20 percentage points from 57.54% in the previous year[13]. - The company reported a significant increase in income tax expenses, totaling ¥6,930,834,054.19, up 158.57% due to increased profits from its overseas subsidiary, SQM[83]. Production and Capacity Expansion - Tianqi Lithium plans to expand its production capacity by 20% by the end of 2024, aiming for a total capacity of 60,000 tons[2]. - The company is investing 500 million RMB in R&D for new lithium extraction technologies to enhance efficiency[2]. - The company holds a total of approximately 14.29 million tons of lithium carbonate equivalent (LCE) resources, strategically located in Australia and China[21]. - The Greenbush lithium mine produced a total of 750,000 tons of lithium concentrate during the reporting period, with an average ore grade of 2.73%[23]. - The company plans to complete the construction of the Chemical Grade III processing plant with a designed capacity of 520,000 tons per year by mid-2025, and is also planning to start construction of the Chemical Grade IV processing plant in 2025[23]. - The company has a lithium compound production capacity of 68,800 tons per year, with planned capacity exceeding 140,000 tons[29]. - The company’s lithium hydroxide production line in Kwinana is the first fully automated facility of its kind globally, marking a significant milestone in its overseas expansion[30]. Market Strategy and Expansion - Tianqi Lithium has outlined a strategic goal to enter the European market by establishing a new facility in Germany by 2025[2]. - The company is exploring potential acquisitions of smaller lithium firms to strengthen its market position[2]. - The company is actively involved in the expansion of lithium production capacity and the development of new technologies[8]. - The company has established strategic partnerships with major battery material manufacturers and multinational battery companies, enhancing its market position[29]. - The company is actively promoting domestic production experience to improve the efficiency of overseas project problem-solving during the ramp-up process[41]. - The company plans to expand its market presence in rural areas, promoting the adoption of new energy vehicles through various initiatives and support policies[59]. Research and Development - The company has a strong R&D team focused on energy-saving and product quality improvement, with a commitment to developing core new products and technologies for future industry needs[39]. - Research and development expenses increased by 27.13% to ¥14,630,036.57, indicating a commitment to innovation and product development[83]. - The company is actively developing new lithium products to meet diverse customer needs and has initiated collaborations with universities for resource recycling projects[80]. Environmental and Regulatory Compliance - The company has achieved significant progress in environmental protection, obtaining ISO 14001:2004 certification for its operations[33]. - The company has implemented a standardized management system for quality control across all production bases, continuously monitoring and improving key quality indicators[34]. - The company has established a sustainable operational model by paying environmental protection taxes and fees[126]. - The company aims to reduce wastewater discharge through comprehensive utilization projects and water-saving technologies[131]. - The company has set up dedicated departments for waste management at each production base to oversee daily management and statistics[132]. Risks and Challenges - The management highlighted risks related to fluctuating lithium prices and supply chain disruptions, with strategies in place to mitigate these risks[2]. - The company faces potential risks from geopolitical factors that may affect overseas investments and resource supply[52]. - The company believes that the lithium industry's fundamentals will remain positive in the medium to long term, supported by high growth expectations in the electric vehicle and energy storage sectors[108]. Future Outlook - Future guidance suggests a projected revenue growth of 20% for the full year 2023, driven by increased demand for electric vehicle batteries[2]. - The company anticipates a sustained increase in demand for lithium resources over the coming years, driven by the global shift towards electric mobility and renewable energy[60]. - The company aims to enhance governance structures for overseas operations to mitigate operational risks[103]. - The company plans to increase R&D investment and strengthen collaboration across the lithium supply chain to enhance market competitiveness[108].

Financial Performance - Tianqi Lithium Corporation reported unaudited consolidated interim results for the six months ended June 30, 2023[1]. - Revenue for the first half of 2023 reached RMB 24,787,359 thousand, representing a 74.95% increase compared to the same period last year[10]. - Gross profit for the same period was RMB 21,584,660 thousand, reflecting an 81.07% year-on-year growth[10]. - Profit attributable to equity shareholders decreased by 36.98% to RMB 6,446,790 thousand[10]. - Earnings per share for the first half of 2023 was RMB 3.93, down 43.29% year-on-year[10]. - The company's revenue increased by 74.95% from RMB 14,167,992 thousand in 2022 to RMB 24,787,359 thousand in 2023[43]. - Gross profit rose by 81.07% from RMB 11,920,512 thousand in 2022 to RMB 21,584,660 thousand in 2023[43]. - Net profit attributable to equity shareholders decreased by 36.98% from RMB 10,230,305 thousand in 2022 to RMB 6,446,790 thousand in 2023[43]. - Total assets increased by 8.49% from RMB 72,558,017 thousand as of December 31, 2022, to RMB 78,718,135 thousand as of June 30, 2023[43]. - The company reported a total comprehensive income of RMB 17,830,993 thousand for the period, compared to RMB 12,141,080 thousand in the same period last year, an increase of 47.5%[161]. Revenue Breakdown - Lithium concentrate revenue amounted to RMB 16,028,349 thousand, accounting for 64.66% of total revenue, with a significant increase of 259.69% year-on-year[11]. - Revenue from lithium compounds and derivatives was RMB 8,759,010 thousand, which is a decrease of 9.81% compared to the previous year[11]. - Domestic sales in mainland China contributed RMB 20,585,898 thousand, representing 83.05% of total revenue, with a 72.40% increase year-on-year[11]. - Overseas revenue reached RMB 4,201,461 thousand, marking an 88.64% increase compared to the same period last year[11]. Market Trends and Government Policies - The Chinese government has introduced over 70 supportive policies for the development of the new energy vehicle industry, with a projected total tax exemption of RMB 520 billion from 2024 to 2027[20]. - The U.S. Inflation Reduction Act plans to invest $369 billion over the next decade in energy security and climate change, aiming to reduce carbon emissions by approximately 40% by 2030[22]. - The demand for lithium, a key material for power batteries, is expected to continue increasing due to the global trend towards carbon neutrality and electric vehicle electrification[22]. - The Chinese government has set a target to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, with various strategic plans and policies to support this goal[21]. - The European Union aims to reduce greenhouse gas emissions by 50% by 2030 and achieve carbon neutrality by 2050, with strict regulations on carbon emissions for automotive manufacturers[21]. Production and Capacity - The company holds approximately 14.29 million tons of lithium carbonate equivalent (LCE) in equity resources across its global lithium resource projects[45]. - The Greenbushes mine, controlled by the company's subsidiary, is the largest lithium mine globally, with a resource amount of approximately 12.86 million tons LCE[47]. - The lithium concentrate production from the Greenbushes mine was 750,000 tons during the reporting period, contributing significantly to the company's lithium chemical products[48]. - The company plans to complete the construction of a new chemical processing plant with a design capacity of 520,000 tons per year by mid-2025[49]. - The total lithium product capacity is projected to reach 1.428 million tons per year by 2025, with significant contributions from new projects[65]. Research and Development - The company has established a strong R&D team focused on energy-saving innovations and the development of core new products, with multiple research centers across China and Australia[68]. - The company plans to continue developing new lithium compound products to meet differentiated customer demands[69]. - The company is actively exploring opportunities for vertical integration and circular development within the industry chain[60]. - Research and development expenses for the six months ended June 30, 2023, were RMB 14,630 thousand, compared to RMB 11,508 thousand in the same period of 2022, reflecting an increase of approximately 27.5%[190]. Corporate Governance and Structure - The board of directors consists of four executive directors and four independent non-executive directors[1]. - The company has established an Audit and Risk Committee, which reviewed the unaudited interim results for the six months ending June 30, 2023[128]. - The company maintains high standards of corporate governance and has complied with all applicable code provisions during the reporting period[123]. - The company has made changes to its board and supervisory committee members during the reporting period, with several new appointments made on April 14, 2023[126]. Strategic Partnerships and Investments - The company plans to increase capital for its wholly-owned subsidiary Tianqi Xilong by injecting RMB 5.7 billion to enhance its capital strength and support the acquisition of SQM shares[116]. - The company plans to invest USD 150 million in Smart Mobility Pte. Ltd. as part of its Series A funding round, acquiring 17,605,633 shares, which will represent 2.83% of the post-investment total equity[120]. - The company has introduced strategic investor Zijin Mining into its wholly-owned subsidiary Shenghe Lithium through a capital increase, resulting in the company holding 39.20% and Zijin Mining holding 20% of Shenghe Lithium[119]. Risks and Challenges - The company faces risks related to lithium price volatility, which can significantly impact its business and financial performance, as highlighted by various market factors[82]. - The company believes that the long-term fundamentals of the lithium industry remain positive despite short-term price fluctuations, supported by growth in the electric vehicle and energy storage sectors[83]. - The company faces foreign exchange risks primarily related to fluctuations in USD and AUD, which could adversely affect profit margins[87]. Employee and Shareholder Information - The total number of employees as of June 30, 2023, was 2,628, with total employee compensation and benefits accrued amounting to RMB 454,681 thousand[109]. - The employee stock ownership plan (ESOP) was approved by shareholders on October 17, 2022, and is in compliance with the new Hong Kong Listing Rules effective from January 1, 2023[151]. - The total shares granted to the top five highest-paid individuals as of June 30, 2023, is 45,500 shares, with no shares unlocked or forfeited during the reporting period[155].

关于举行 2023 年半年度业绩说明会的公告 股票代码：002466 股票简称：天齐锂业 公告编号：2023-039 天齐锂业股份有限公司 资者征集问题，广泛听取投资者的意见和建议。提问通道自发出公告之日起开放，投资者 可通过访问https://board.10jqka.com.cn/rs/pc/detail?roadshowId=1006785，或扫描上方二维码， 进入问题征集页面。公司将在 2023 年半年度业绩说明会上，对投资者普遍关注的问题进行 回答。 欢迎广大投资者积极参与！ 特此公告。 本公司及董事会全体成员保证信息披露的内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 天齐锂业股份有限公司（以下简称"公司"）将于 2023 年 8 月 31 日在巨潮资讯网 （http://www.cninfo.com.cn）和指定信息披露媒体披露公司《2023 年半年度报告》及摘要。 为了让广大投资者进一步了解公司 2023 年上半年经营情况，公司将于 2023 年 8 月 31 日 （星期四）中午 12:00-13:00 举办 2023 年半年度业绩说明会。本次半年度业绩说明会将采 用网络文字互动 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本通告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本通告全部或任何部分內容而產生或因倚 賴該等內容而引致之任何損失承擔任何責任。 Tianqi Lithium Corporation 天齊鋰業股份有限公司 （於中華人民共和國註冊成立的股份有限公司） 董事會會議通告 天齊鋰業股份有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司將於 2023年8月30日（星期三）舉行董事會會議，藉以（其中包括）考慮及批准本公司及 其附屬公司截至2023年6月30日止六個月之中期業績及其發佈，考慮派發中期股 息（如有），以及處理其他事項。 承董事會命 天齊鋰業股份有限公司 董事長兼執行董事 蔣衛平 香港，2023年8月18日 於本通告日期，董事會由以下成員組成：執行董事蔣衛平先生、蔣安琪女士、夏 浚誠先生及鄒軍先生；及獨立非執行董事向川先生、唐國瓊女士、黃瑋女士及吳 昌華女士。 （股份代號：9696） ...

股票代码：002466 股票简称：天齐锂业 编号：2023-002 □特定对象调研 □分析师会议 □媒体采访 □业绩说明会 投资者关系活动类别 □新闻发布会 □路演活动 □现场参观 □一对一沟通 √其他（2022 年度股东大会） 参与单位名称及人员姓名 详见附件 时间 2023 年 6 月 16 日 地点 天齐锂业成都总部二楼大会议室 董事长 蒋卫平、副董事长 蒋安琪、董事/总裁 夏浚诚、董事/财务总监/执行副总裁 邹军、董事 上市公司接待人员 会秘书/副总裁/香港联席公司秘书 张文宇、独 立董事 向川、独立董事 唐国琼、独立董事 黄 玮、独立董事 吴昌华 投资者关系活动主要内容介绍 2022 年度股东大会与投资者互动交流记录 附件清单 参会人员名单 天齐锂业股份有限公司投资者关系活动记录表 1 投资者关系活动记录 2023-002 号 项目名称 投资者关系活动记录 索引号 2023-002 文件名称 2023 年 6 月 16 日投资者关系活动记录表 编制日期 2023-06-16 投资者关系活动记录表 2023-002 号 | --- | --- | |----------|--------------- ...

Financial Performance - The company's revenue for Q1 2023 reached ¥11,448,674,607.22, representing a 117.77% increase compared to ¥5,257,158,413.95 in the same period last year[3] - Net profit attributable to shareholders was ¥4,875,226,485.40, a 46.49% increase from ¥3,327,975,300.41 year-on-year[6] - The net profit after deducting non-recurring gains and losses was ¥4,836,318,922.00, up 70.67% from ¥2,833,670,495.96 in the previous year[6] - Basic and diluted earnings per share were both ¥2.97, reflecting a 32.00% increase from ¥2.25 in the same period last year[6] - Total operating revenue for Q1 2023 reached ¥11.45 billion, a significant increase of 117.5% compared to ¥5.26 billion in the same period last year[16] - Net profit for Q1 2023 was ¥8.45 billion, up 115.0% from ¥3.94 billion in Q1 2022[16] - Operating profit for the quarter was ¥11.76 billion, compared to ¥5.05 billion in the previous year, marking a growth of 132.5%[16] - The total comprehensive income for the quarter was ¥7.86 billion, compared to ¥4.58 billion in the previous year, indicating a growth of 71.0%[17] Assets and Liabilities - Total assets at the end of the reporting period were ¥75,057,865,996.10, a 5.94% increase from ¥70,846,492,117.36 at the end of the previous year[3] - Total current assets as of March 31, 2023, amounted to CNY 27,998,830,270.76, an increase from CNY 25,989,778,758.23 at the beginning of the year, representing a growth of approximately 7.76%[14] - The total non-current assets increased to CNY 47,059,035,725.34 from CNY 44,856,713,359.13, reflecting a growth of approximately 4.87%[14] - Total liabilities as of March 31, 2023, were CNY 19,314,702,539.31, compared to CNY 17,778,729,768.28 at the beginning of the year, marking an increase of about 8.66%[15] - The company's total equity rose to CNY 55,743,163,456.79 from CNY 53,067,762,349.08, representing an increase of approximately 5.06%[15] Cash Flow and Expenses - The company reported a substantial increase in cash flow from operating activities, totaling ¥10.45 billion, compared to ¥5.73 billion in the prior year, reflecting a growth of 82.5%[18] - The net cash flow from operating activities for Q1 2023 was approximately CNY 4.94 billion, an increase of 28.7% compared to CNY 3.84 billion in the same period last year[19] - Cash outflow from operating activities totaled CNY 5.51 billion, significantly higher than CNY 1.90 billion in Q1 2022, indicating increased operational expenditures[19] - The cash flow from investing activities showed a net outflow of approximately CNY 708.89 million, worsening from a net outflow of CNY 189.51 million in the previous year[19] - Cash inflow from financing activities was CNY 3.97 billion, a substantial increase from CNY 1.20 billion in Q1 2022, reflecting enhanced borrowing activities[19] - The total cash outflow from financing activities reached CNY 8.87 billion, up from CNY 4.42 billion in the same quarter last year, indicating higher dividend distributions and debt repayments[19] Shareholder Returns and Dividends - The company proposed a cash dividend of 30.00 RMB per 10 shares, totaling approximately 4.92 billion RMB based on the total share capital of 1,641,221,583 shares as of December 31, 2022[13] - The company paid CNY 5.30 billion in dividends and interest, a significant increase from CNY 384.64 million in the previous year, highlighting a focus on shareholder returns[19] Strategic Initiatives - The company aims to achieve a lithium chemical product capacity of approximately 300,000 tons of lithium carbonate equivalent by 2027, focusing on upstream lithium resources and expanding processing capacity[11] - The company is actively pursuing a five-year strategic plan (2023-2027) to enhance its market share in the electric vehicle and energy storage sectors[11] Corporate Governance - The company has appointed new executives, including the appointment of Jiang Weiping as the chairman of the sixth board of directors and Xia Jun Cheng as the CFO[10] - The company held its first temporary shareholders' meeting in 2023 to approve the election of new board members and supervisors[9] - The company’s board of directors and supervisory board have undergone a restructuring process in compliance with legal requirements[9] Tax and Financial Management - Tax expenses for the quarter were ¥3.30 billion, significantly higher than ¥1.12 billion in the same period last year, reflecting an increase of 195.5%[16] - The company reported a significant increase in tax payments, totaling CNY 2.91 billion compared to CNY 1.05 billion in the previous year, reflecting higher taxable income[19] Other Financial Metrics - The company's short-term borrowings decreased significantly from CNY 98,922,828.00 to CNY 45,414,628.00, a reduction of approximately 54.00%[15] - The retained earnings grew to CNY 27,913,097,332.25 from CNY 23,037,870,846.85, indicating an increase of approximately 21.16%[15] - The company's other comprehensive income showed a decline, moving from CNY -152,703,503.34 to CNY -545,280,766.53, reflecting a worsening of approximately 257.73%[15] - The company reported a decrease in financial expenses, with a net financial income of ¥81.34 million, compared to an expense of ¥243.24 million in the previous year[16] - The company achieved an investment income of ¥1.41 billion, compared to ¥1.59 billion in the previous year, showing a decrease of 11.4%[16] Acquisition and Investments - The company’s subsidiary Tianqi Lithium Energy Australia Pty Ltd planned to acquire all shares of Essential Metals Limited for approximately 136 million AUD (about 632 million RMB), but the transaction was not approved by ESS shareholders[12] - The company reported that the termination of the acquisition of Essential Metals Limited will not have a significant adverse impact on its financial status or operating results[12] Related Party Transactions - The company has not disclosed any related party transactions among its top shareholders[8]

Financial Performance - The net profit attributable to shareholders, excluding non-recurring gains and losses, was CNY 4,836,318,922, representing a 70.67% increase compared to CNY 2,833,670,495 in the same period last year[2]. - The company's operating revenue for the period was CNY 11,448,674,607.22, marking a 117.77% increase from CNY 5,257,158,413.95 in the same period last year[3]. - Net profit for the current period was CNY 8,453,754,780.65, compared to CNY 3,935,679,380.35 in the previous period, indicating an increase of about 115.0%[18]. - Total comprehensive income for the period reached CNY 7,861,018,749.30, a significant increase from CNY 4,578,221,576.67 in the previous period[19]. - Operating profit for the current period was CNY 11,755,837,513.92, compared to CNY 5,051,728,868.10 in the previous period, showing an increase of about 132.5%[18]. Earnings and Dividends - Basic earnings per share increased by 32.00% to CNY 2.97 from CNY 2.25 year-on-year[2]. - The proposed cash dividend for 2022 is 30.00 RMB per 10 shares, totaling approximately 4.92 billion RMB based on 1,641,221,583 shares[12]. - Basic earnings per share increased to CNY 2.97 from CNY 2.25, while diluted earnings per share remained at CNY 2.25[19]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 75,057,865,996, a 5.94% increase from CNY 70,846,492,117 at the end of the previous year[2]. - Current assets totaled CNY 27,998,830,270.76, up from CNY 25,989,778,758.23, marking an increase of about 7.7%[15]. - The total liabilities rose to CNY 19,314,702,539.31 from CNY 17,778,729,768.28, which is an increase of about 8.6%[16]. - The total equity attributable to the parent company increased to CNY 52,982,798,509.57 from CNY 48,494,210,116.87, representing a growth of approximately 9.2%[16]. Cash Flow - The net cash flow from operating activities reached CNY 4,936,111,237, up 28.66% from CNY 3,836,609,528 in the previous year[2]. - Cash received from sales of goods and services amounted to CNY 10,215,865,442.32, compared to CNY 5,666,008,309.19 in the previous period, indicating a strong growth in revenue[20]. - Net cash flow from investing activities was negative at CNY -708,887,294.68, worsening from CNY -189,513,631.09 in the prior period[21]. - Cash flow from financing activities showed a net outflow of CNY -4,902,867,794.62, compared to CNY -3,220,137,094.13 in the previous period, reflecting increased dividend payments[21]. - The net increase in cash and cash equivalents for the period was CNY -756,381,763.24, contrasting with an increase of CNY 459,437,600.60 in the prior period[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 352,977[7]. - The largest shareholder, Chengdu Tianqi Industrial (Group) Co., Ltd., held a 25.37% stake in the company[7]. - The top ten unrestricted shareholders hold a total of 694,000,000 shares, with Chengdu Tianqi Industrial Group Co., Ltd. holding the largest share of 416,316,432 RMB ordinary shares[8]. Strategic Developments - The company plans to expand lithium chemical product processing capacity to approximately 300,000 tons of lithium carbonate equivalent by 2027[10]. - The acquisition of Essential Metals Limited was terminated as it did not receive the required 75% shareholder approval, with no financial impact expected on the company's results[11]. - The company has appointed new board members and executives, including Mr. Jiang Weiping as chairman and Mr. Xia Junchen as CEO, with a term of three years[9]. Market Performance - The average selling price of lithium products increased by 40.47%, while the average selling price of lithium ore surged by 245.09% year-on-year[5]. - The company reported a decrease in financial expenses, with a net financial cost of CNY -81,341,690.59 compared to CNY 243,241,179.05 in the previous period[17]. - The company reported a significant decrease in other comprehensive income, with a loss of CNY -340,387,412.99 compared to a gain of CNY 129,369,320.90 in the previous period[19].

Company Overview and Strategic Positioning - Tianqi Lithium is a leading lithium-focused new energy materials company with strategic layouts in China, Australia, and Chile, covering key stages of the lithium industry chain including resource development, processing, and sales[3] - The company is listed on both the Shenzhen Stock Exchange (002466.SZ) and the Hong Kong Stock Exchange (9696.HK)[3] - Tianqi Lithium has a vertically integrated global supply chain and partners with international clients to support the long-term sustainable development of lithium-ion battery technology for electric vehicles and energy storage[3] - The company has undergone significant milestones over the past 30 years, including corporate restructuring, capital expansion, global M&A, and dual listings[3] - Tianqi Lithium is committed to international standards and aims to be a global influencer in the energy transition, focusing on ESG and sustainable development[3] - The company's headquarters are located in Chengdu, Sichuan Province, China, with a primary business address in Hong Kong[5] - Tianqi Lithium's A-shares are traded on the Shenzhen Stock Exchange under the ticker 002466, while its H-shares are traded on the Hong Kong Stock Exchange under the ticker 9696[5] - The company's financial reports are prepared in both Chinese and English, with the Chinese version taking precedence in case of discrepancies, except for the independent auditor's report and consolidated financial statements, which follow the English version[3] - Key subsidiaries include Chengdu Tianqi Lithium Co., Ltd. and Chongqing Tianqi Lithium Co., Ltd., with strategic investments in Chile and Australia[6] - The company's legal advisors include Paul Hastings for Hong Kong law, and its auditors are KPMG for both international and domestic financial reporting[5] Financial Performance - Revenue for the year ended December 31, 2022, reached RMB 40,168,923 thousand, a 428.69% increase compared to the previous year[11] - Gross profit surged to RMB 34,154,295 thousand, marking a 628.57% year-on-year growth[11] - Net profit attributable to equity shareholders of the company was RMB 23,944,590 thousand, up 556.16% from the previous year[11] - Earnings per share increased to RMB 15.41, a 523.89% rise compared to 2021[11] - Lithium concentrate sales contributed RMB 15,414,461 thousand, accounting for 38.37% of total revenue, with a 484.39% year-on-year increase[12] - Lithium compounds and derivatives sales amounted to RMB 24,754,462 thousand, representing 61.63% of total revenue, up 399.06% year-on-year[12] - Revenue from Mainland China was RMB 33,612,173 thousand, making up 83.68% of total revenue, with a 410.91% increase compared to 2021[12] - Overseas revenue reached RMB 6,556,750 thousand, accounting for 16.32% of total revenue, a 543.46% year-on-year growth[12] - Lithium concentrate gross profit increased to RMB 12,937,296 thousand in 2022, with a gross margin of 83.93%, up from RMB 1,635,630 thousand and 62.01% in 2021[14] - Lithium compounds and derivatives gross profit rose to RMB 21,216,999 thousand in 2022, with a gross margin of 85.71%, compared to RMB 3,052,254 thousand and 61.54% in 2021[14] - Total gross profit reached RMB 34,154,295 thousand in 2022, with a gross margin of 85.03%, up from RMB 4,687,884 thousand and 61.70% in 2021[14] - Revenue for 2022 was RMB 40,168,923 thousand, a 428.69% increase year-over-year[17] - Net profit attributable to equity shareholders surged to RMB 23,944,590 thousand in 2022, a 556.16% increase compared to the previous year[17] - The company's debt-to-asset ratio decreased from 56.78% in 2021 to 24.53% in 2022[17] - The company announced a profit distribution plan, proposing a cash dividend of RMB 30 per 10 shares (tax inclusive)[17] - Revenue for the group in 2022 was RMB 40,168,923 thousand, a 428.69% increase compared to RMB 7,597,863 thousand in 2021[65] - Gross profit for the group in 2022 was RMB 34,154,295 thousand, a 628.57% increase compared to RMB 4,687,884 thousand in 2021[65] - Net profit attributable to equity shareholders in 2022 was RMB 23,944,590 thousand, a 556.16% increase compared to RMB 3,649,185 thousand in 2021[65] - Revenue from lithium concentrate sales in 2022 was RMB 15,414,461 thousand, accounting for 38.37% of total revenue, a 484.39% increase compared to 2021[68] - Revenue from lithium compounds and derivatives in 2022 was RMB 24,754,462 thousand, accounting for 61.63% of total revenue, a 399.06% increase compared to 2021[68] - Gross margin for the group in 2022 was 85.03%, an increase of 23.33 percentage points compared to 61.70% in 2021[70] - Sales to the top 5 customers in 2022 amounted to RMB 24,303,919 thousand, accounting for 60.50% of total sales, compared to 49.77% in 2021[73] - R&D expenditure in 2022 was RMB 26,703 thousand, a 41.84% increase compared to RMB 18,826 thousand in 2021, accounting for 0.07% of total revenue[76] - The group's other net income in 2022 was RMB 1,286,972 thousand, a significant increase compared to RMB 478,593 thousand in 2021, mainly due to gains from deemed disposals and partial disposals of associates[74] - Operating cash flow increased by 809.02% to RMB 2,232,917 thousand in 2022, driven by higher cash receipts from lithium product sales[77] - Net cash flow from investing activities surged by 1,241.21% to RMB 65,195 thousand, primarily due to increased dividends received from SQM[77] - Net cash flow from financing activities rose by 820.91% to RMB 1,147,848 thousand, mainly due to increased repayment of syndicated loans and dividends to minority shareholders, partially offset by H-share issuance proceeds[77] - Cash and cash equivalents increased by 926.69% to RMB 10,470,967 thousand, reflecting the overall changes in funding activities[77] - Non-current assets increased by RMB 7,249,963 thousand to RMB 46,597,759 thousand, driven by higher equity in associates, property, plant, and equipment, and financial assets at fair value[78] - Current assets surged by RMB 19,507,746 thousand to RMB 25,960,258 thousand, mainly due to increased cash, trade receivables, and inventory from higher revenue[78] - Current liabilities decreased by RMB 5,038,308 thousand to RMB 7,555,107 thousand, primarily due to repayment of bank loans and other borrowings[78] - The company's equity in SQM, an associate, stood at 22.16% with a carrying value of RMB 26,564,160 thousand[79] - Capital expenditure increased by RMB 715,121 thousand to RMB 1,716,033 thousand, primarily for property, land, equipment, and intangible assets[82] - The capital-to-debt ratio decreased by 94.30 percentage points to 15.90% as of December 31, 2022[85] - Total issued share capital as of December 31, 2022, is 1,641,221,583 shares, with A-shares accounting for 90% (1,477,099,383 shares) and H-shares accounting for 10% (164,122,200 shares)[90] - The board proposed a final cash dividend of RMB 30 per 10 shares (tax inclusive) based on the total share capital as of the record date, excluding shares held in the company's repurchase account[91] - The company issued H-shares and listed on the Hong Kong Stock Exchange, with a total of 164,122,200 H-shares issued at a price of HKD 82 per share, raising funds for debt repayment, capacity expansion, and working capital[92][93] - Post-H-share issuance, the company's share structure remains 90% A-shares (1,477,099,383 shares) and 10% H-shares (164,122,200 shares)[94] - The company invested up to USD 100 million as a cornerstone investor in CALB's Hong Kong IPO, acquiring 20,217,200 shares, representing 7.47% of the issued shares and 1.12% of the post-issuance share capital[96] - The company holds 27,740,256 shares in SES AI Corporation, which completed a business merger and began trading on the NYSE under the ticker "SES" and "SES WS"[97] - The first phase of the "24,000 tons per year battery-grade lithium hydroxide monohydrate project" in Australia has completed all process load debugging and entered trial production at the end of 2021, with the first batch of 10 tons of lithium hydroxide products meeting battery-grade standards as of May 19, 2022[98] - The total investment for the Australian lithium hydroxide project was adjusted to AUD 4.7 billion (approximately RMB 3.712 billion) from the original AUD 398 million[98] - The Talison Lithium expansion project in Australia has seen its budget increased to AUD 632 million from the original AUD 516 million, with the trial production delayed to 2025[99] - The Talison Lithium expansion project is expected to increase chemical-grade lithium concentrate production capacity to 2 million tons per year upon completion[99] - The Anju project, a 20,000 tons per year battery-grade lithium carbonate factory in Sichuan, has had its budget increased to RMB 1.477 billion and is expected to be completed in the second half of 2023[100][101] - Tianqi Lithium's subsidiary, Tianqi Chuangli, and Beijing Weilan established a joint venture, Tianqi Weilan Solid Lithium New Materials (Shenzhen) Co., Ltd., with Tianqi Chuangli contributing RMB 10.2 million for a 51% stake[102] - Successfully appointed three directors to SQM and sold part of the company's Class B shares in SQM, resulting in the company holding 74.849 million Class B shares and 62.556568 million Class A shares, with a total shareholding ratio of approximately 22.16%[103] - Completed the delivery of 4.526828 million Class B shares of SQM under the collar option contract, with the remaining 74.849 million Class B shares still held by the company[103] - Settled all litigation and arbitration cases with MSP, including the payment of AUD 38.8815 million in principal and interest, and received formal documents from the Western Australia Supreme Court and arbitration tribunal confirming the termination of all proceedings[104] - Issued H shares totaling 164,122,200 shares at a price of HKD 82 per share, raising net proceeds of approximately HKD 13.062 billion, with HKD 8.865 billion used to repay SQM debt and HKD 1.721 billion used to repay domestic bank loans[106][107] - Allocated HKD 1.17 billion for the construction of the Anju Plant Phase I, with HKD 363.71 million used and HKD 806.29 million remaining as of December 31, 2022[107] - Revenue for 2022 reached RMB 40,168,923 thousand, a significant increase from RMB 7,597,863 thousand in 2021[152] - Gross profit for 2022 was RMB 34,154,295 thousand, compared to RMB 4,687,884 thousand in 2021[152] - Net profit attributable to equity shareholders of the company for 2022 was RMB 23,944,590 thousand, a substantial improvement from RMB 3,649,185 thousand in 2021[152] - Total assets as of December 31, 2022, were RMB 72,558,017 thousand, up from RMB 45,800,308 thousand in 2021[152] - Total liabilities decreased to RMB 17,799,775 thousand in 2022 from RMB 26,007,356 thousand in 2021[152] - Sales to the top five customers accounted for 60.50% of total sales, with the largest customer contributing 32.26%[146] - Purchases from the top five suppliers represented 21.34% of total purchases, with the largest supplier accounting for 6.38%[146] - Customer satisfaction across domestic production bases exceeded 95% during the reporting period[145] - The company donated RMB 10 million in cash and supplies for earthquake relief in Sichuan Province[147] - The company maintained strong relationships with major battery and electric vehicle equipment manufacturers, solidifying its position in the global lithium industry[145] - The company has established a comprehensive compensation and benefits system, including fixed salary, short-term incentives, long-term incentives, and employee benefits, to attract and retain skilled and experienced personnel[158] - The company has formed a Remuneration and Appraisal Committee to review the compensation policies and structures for directors and senior management based on the company's operating performance, individual performance, and market practices[158] - The company has disclosed the details of the remuneration for directors, supervisors, and the five highest-paid individuals in the notes to the consolidated financial statements[158] - The company has formulated the "Directors and Supervisors Remuneration Scheme" and the "Senior Management Remuneration Scheme", which were published on the Shenzhen Stock Exchange website on April 30, 2022[159] - The remuneration for directors is determined based on their positions, job nature, working hours, responsibilities, risks, pressures, and the salary levels of similar positions in comparable listed companies[159] - As of December 31, 2022, the company's directors, supervisors, and senior executives held interests in the company's shares, related shares, and debentures as disclosed in the annual report[160] - Jiang Weiping, the company's controlling shareholder, holds 416,316,432 A-shares, representing 28.18% of the company's A-shares and 25.37% of the company's total shares[161][162] - Tianqi Group, controlled by Jiang Weiping, pledged 4,500,000 A-shares to two Chinese financial institutions as of December 31, 2022[162] - As of December 31, 2022, the company's major shareholders, excluding directors, supervisors, and senior executives, held interests in the company's shares as disclosed in the annual report[165] - Morgan Stanley Investments (UK) holds 17,245,690 H-shares, representing 10.50% of the company's H-shares and 1.05% of the company's total shares[166] - Morgan Stanley International Limited holds 17,245,690 H shares (long position), representing 10.50% of the company's H shares and 1.05% of the total shares[167] - LG Chem, Ltd. holds 14,360,200 H shares (long position), representing 8.75% of the company's H shares and 0.88% of the total shares[167] - China International Capital Corporation Hong Kong Securities Limited holds 9,354,916 H shares (long position), representing 5.70% of the company's H shares and 0.57% of the total shares[167] - The company issued 164,122,200 H shares at a price of HKD 82 per share, raising a net amount of approximately HKD 13.062 billion[173] - The net proceeds from the H share issuance were used as follows: HKD 8,865 million to repay SQM debt, HKD 1,170 million to repay domestic bank loans, and HKD 1,306 million for working capital and general corporate purposes[174] - As of December 31, 2022, the company had used HKD 12,255.71 million of the net proceeds, with a remaining balance of HKD 806.29 million[174] - The company implemented an employee stock ownership plan in 2022 to enhance corporate governance and incentivize key personnel[175] - Tianqi Group, controlled by Mr. Jiang Weiping and Ms. Zhang Jing, holds 416,316,432 A shares, representing a significant portion of the company's equity[168] - As of December 31, 2022, Tianqi Group had pledged 4,500,000 A shares to financial institutions[168] - The company confirmed that its controlling shareholders complied with non-compete commitments during the reporting period[171] - The employee stock ownership plan has a maximum limit of RMB 200 million, corresponding to 1,780,366 shares, representing 0.11% of the company's total shares[176] - The average repurchase price of the shares was RMB 112.33 per share, with a total payment of RMB 199.985 million[176] - The total number of shares held by all employee stock ownership plans will not exceed 10% of the company's total share capital, and no single employee will hold more than 1%[176] - The actual number of shares granted under the plan was 1,062,400 shares, representing 0.0647% of the company's total issued share capital[179] - The top five highest-paid executives (including directors) were granted a total of 45,500 shares, with a fair value of RMB 3.75375 million[180] - The company's 2022 employee stock ownership plan holds 1,312,400 shares, accounting for 0.08% of the total share capital, with 1,062,400 shares already granted[182] - The plan has a lock-up period of 36 months, starting from December 21, 2022, and will be unlocked in one go after the lock-up period ends[184] - The company aims to achieve a total lithium chemical product capacity of 90,000 tons of lithium carbonate equivalent by the end of 2024[185] - The company repurchased 1,780,366 shares at an average price of RMB 112.33 per share, totaling RMB 199.985 million[187

股票代码：002466 股票简称：天齐锂业 天齐锂业股份有限公司投资者关系活动记录表 编号：2023-001 | | □特定对象调研 □分析师会议 | | --- | --- | | | □媒体采访 √业绩说明会 | | 投资者关系活动类别 | □新闻发布会 □路演活动 | | | □现场参观 □一对一沟通 | | | □其他 | | 参与单位名称及人员姓名 | 中金公司齐丁、五矿证券孙景文、华西证券晏 | | | 溶、海通证券陈晓航、海通国际吴旖婕等多位机 | | | 构投资者及何剑勇等多位个人投资者 | | 时间 | 年 月 日 2023 3 31 | | 地点 | 网络及电话会议 | | 上市公司接待人员 | 董事长 蒋卫平、副董事长 蒋安琪、董事/总裁 | | | 邹军、董事 夏浚诚、董事/财务总监/执行副总裁 | | | 会秘书/副总裁/香港联席公司秘书 张文宇、独 | | | 立董事 唐国琼 | | 投资者关系活动主要内容介绍 | 年度业绩说明会 2022 | | 附件清单 | 无 | 1 投资者关系活动记录 2023-001 号 | 项目名称 | 投资者关系活动记录 | | 索引号 | 2023 ...

Financial Performance - Total revenue for the year ended December 31, 2022, reached RMB 40,168,923 thousand, a significant increase of 428.5% compared to RMB 7,597,863 thousand in 2021[2] - Gross profit for the same period was RMB 34,154,295 thousand, up from RMB 4,687,884 thousand in 2021, reflecting a gross margin improvement[2] - Net profit for the year was RMB 30,912,939 thousand, compared to RMB 4,205,841 thousand in 2021, indicating a year-over-year growth of 635.5%[3] - Basic and diluted earnings per share for 2022 were RMB 15.41, compared to RMB 2.47 in 2021, representing a substantial increase[2] - Total comprehensive income for the year amounted to RMB 31,802,075 thousand, significantly higher than RMB 3,774,626 thousand in the previous year[3] - The reported segment revenue for 2022 was RMB 52,297,795 thousand, a significant increase from RMB 9,206,476 thousand in 2021[19] - The adjusted profit before tax for the reported segments in 2022 was RMB 41,294,692 thousand, compared to RMB 4,442,356 thousand in 2021[19] - The company generated external customer revenue of RMB 40,168,923 thousand in 2022, compared to RMB 7,597,863 thousand in 2021, indicating a substantial growth[20] - The income tax expense for 2022 was RMB 8,813,674 thousand, compared to RMB 1,373,635 thousand in 2021, indicating a substantial increase[28] - The company's net profit margin for the fiscal year 2022 was 18%, up from 15% in the previous year, indicating improved operational efficiency[134] Assets and Liabilities - Non-current assets increased to RMB 46,597,759 thousand in 2022 from RMB 39,347,796 thousand in 2021, indicating growth in long-term investments[5] - Current assets rose to RMB 25,960,258 thousand, up from RMB 6,452,512 thousand in 2021, showcasing improved liquidity[5] - The company's equity attributable to shareholders increased to RMB 50,155,773 thousand from RMB 14,357,066 thousand in 2021, reflecting strong retained earnings[7] - Total assets reported for 2022 amounted to RMB 72,558,017 thousand, up from RMB 45,800,308 thousand in 2021[19] - The total liabilities reported for 2022 were RMB 17,799,775 thousand, compared to RMB 26,007,356 thousand in 2021[19] - The company's asset-liability ratio decreased from 56.78% in 2021 to 24.53% in 2022, indicating improved financial stability[60] - The total trade payables and notes payable amounted to RMB 2,340,733 thousand in 2022, compared to RMB 888,646 thousand in 2021, marking an increase of about 163%[39] Revenue Sources - Sales of lithium compounds and derivatives amounted to RMB 24,754,462 thousand in 2022, compared to RMB 4,960,184 thousand in 2021, reflecting a growth of around 398%[13] - Sales of lithium concentrate reached RMB 15,414,461 thousand in 2022, up from RMB 2,637,679 thousand in 2021, indicating an increase of approximately 485%[13] - Revenue from lithium compounds and derivatives was RMB 24,854,996 thousand in 2022, reflecting strong demand in the market[18] - Sales of lithium concentrate accounted for 38.37% of total revenue, amounting to RMB 15,414,461 thousand, while lithium compounds and derivatives contributed 61.63% with RMB 24,754,462 thousand[81] - Revenue from the mainland China market was RMB 33,612,173 thousand, representing 83.68% of total revenue, with a year-on-year increase of 410.91%[81] Market and Industry Trends - The global shift towards new energy vehicles is supported by China's goal to have new energy vehicles account for over 20% of total sales by 2025[48] - In the U.S., new energy vehicle sales reached approximately 979,500 units in 2022, a year-on-year increase of nearly 51%, with expectations of 1.6 million units in 2023[49] - The European electric vehicle market is projected to reach approximately 2.45 million units in 2022, reflecting a year-on-year growth of 13.5%[50] - The demand for lithium resources is expected to increase significantly due to the rapid development of lithium in power and energy storage batteries[51] - The forecast for global lithium product supply is expected to reach 2.55 million tons of lithium carbonate equivalent by 2032, with a CAGR of 13% from 2022 to 2032[53] - The penetration rate of new energy vehicles in China reached 25.6% in 2022, an increase of 12.1 percentage points from 2021[55] Research and Development - The company's R&D expenses for 2022 amounted to RMB 26,703 thousand, an increase from RMB 18,826 thousand in 2021[26] - The company is investing $100 million in R&D for sustainable lithium extraction technologies, aiming to reduce environmental impact by 40% by 2025[132] - The company is enhancing its R&D capabilities to improve core competitiveness, focusing on next-generation lithium battery technologies and high-purity lithium products[77] - The company has developed lithium salt products, including lithium dihydrogen phosphate and lithium tetraborate, which have reached market standards, and is working on next-generation solid-state battery materials[69] Strategic Initiatives - The company plans to establish a chemical-grade processing plant with a capacity of 520,000 tons per year, expected to be completed by March 2025[64] - The company is pursuing a vertical integration model, achieving 100% self-sufficiency in lithium concentrate supply, which helps to maximize profit margins and reduce raw material costs[68] - The company has established strategic partnerships with top global battery manufacturers and is focused on sustainable development in the lithium-ion battery technology sector[60] - The company plans to expand its global business layout and customer base, maintaining strong relationships with major battery and electric vehicle manufacturers[76] Corporate Governance - The company has adhered to all principles and applicable provisions of the Corporate Governance Code during the reporting period[123] - The audit and risk committee, consisting of three independent non-executive directors, has approved the financial results for the year ended December 31, 2022[126] - The company's auditor confirmed that the financial data disclosed in the performance announcement aligns with the audited consolidated financial statements[127]