Financial Performance - The company's operating revenue for 2022 reached CNY 40.45 billion, a 427.82% increase compared to CNY 7.66 billion in 2021[13]. - Net profit attributable to shareholders for 2022 was CNY 24.12 billion, reflecting a significant increase of 1,060.47% from CNY 2.08 billion in 2021[13]. - The net profit after deducting non-recurring gains and losses was CNY 23.06 billion, up 1,628.88% from CNY 1.33 billion in the previous year[13]. - The net cash flow from operating activities was CNY 20.30 billion, an increase of 869.11% compared to CNY 2.09 billion in 2021[13]. - Basic earnings per share for 2022 were CNY 15.52, a 1,000.71% increase from CNY 1.41 in 2021[13]. - The weighted average return on net assets rose to 80.65%, an increase of 57.50 percentage points from 23.15% in 2021[13]. - Total assets at the end of 2022 amounted to CNY 70.85 billion, a 60.41% increase from CNY 44.17 billion at the end of 2021[13]. - Net assets attributable to shareholders reached CNY 48.49 billion, up 280.01% from CNY 12.76 billion at the end of 2021[13]. - The company achieved a significant increase in investment income, amounting to CNY 5.64 billion, a significant rise compared to the previous year[75]. - The asset-liability ratio decreased to 25.09% by the end of 2022, down 33.81 percentage points from the previous year, achieving its leverage reduction target[74]. Governance and Compliance - The company emphasizes the importance of accurate financial reporting, with all board members present for the meeting[2]. - The company has a comprehensive governance structure, with a focus on transparency and accountability in financial disclosures[3]. - The report outlines the company's commitment to environmental and social responsibility, reflecting its corporate governance values[3]. - The company has established a governance structure that includes a board of directors, supervisory board, and various specialized committees to ensure effective decision-making and oversight[136]. - The audit and risk committee is composed entirely of independent directors, providing objective and professional oversight[141]. - The company has implemented a comprehensive governance structure, aligning with the requirements of the Company Law and Securities Law of the People's Republic of China[139]. - The company maintains independent operations, with no interference from controlling shareholders in decision-making processes[140]. - The company has established a robust internal audit system to evaluate the effectiveness of internal controls and promote continuous improvement in management quality[147]. Strategic Initiatives and Market Position - The company is actively involved in research and development of new lithium technologies, enhancing its competitive edge in the market[5]. - Tianqi Lithium is expanding its market presence through strategic partnerships and acquisitions in the lithium supply chain[5]. - The company is strategically positioned in lithium resource development across China, Australia, and Chile, leveraging a vertically integrated global supply chain[45]. - The company aims to expand its lithium production capacity to approximately 300,000 tons of lithium carbonate equivalent by 2027, enhancing its vertical integration strategy[122]. - The company is exploring potential acquisitions in the lithium supply chain to enhance its market position[166]. - The company plans to focus on stabilizing and enhancing the operational reliability of its plants over the next 40 years[114]. Environmental and Social Responsibility - The company reported a 35.94% reduction in major waste gas emissions in 2022 compared to 2021, reflecting significant progress in environmental protection[52]. - The company has established an EHS department to address safety and environmental risks associated with mining and production activities[131]. - The company is committed to ESG initiatives, with a budget allocation of $50 million for sustainability projects[170]. Research and Development - The company aims to invest CNY 2 billion in R&D for new lithium extraction technologies over the next three years[166]. - The company has developed lithium salt products, including kilogram-level lithium dihydrogen phosphate and tetraborate, achieving market standards and receiving positive feedback from target customers[59]. - The company has successfully improved the purity of lithium sulfide products to 99.9% and reduced impurity content by 90%, marking significant advancements in next-generation solid-state battery materials[59]. - The company is enhancing its R&D capabilities to focus on advanced lithium extraction and application technologies, aiming to establish a world-class research platform[125]. Shareholder Engagement and Dividends - Tianqi Lithium Corporation reported a cash dividend of 30.00 CNY per 10 shares (including tax) for all shareholders[2]. - The proposed cash dividend is 30.00 CNY per share, resulting in a total cash dividend amount of 4,922,260,851.00 CNY, which represents 100% of the total distributable profits[195]. - The company emphasizes shareholder returns and has set clear guidelines for dividend distribution based on profitability and cash flow[192]. - The company has initiated an employee stock ownership plan, with a total repurchase fund of no less than 136 million CNY and no more than 200 million CNY for repurchasing shares[196]. Market Trends and Industry Outlook - The global lithium supply is expected to grow rapidly, with projections indicating a supply of 2.55 million tons LCE by 2032, reflecting a compound annual growth rate of 13% from 2022 to 2032[36]. - The company’s strategic focus aligns with the global shift towards renewable energy and electric vehicles, driven by national policies aimed at carbon neutrality[22]. - The global electric vehicle market is projected to continue expanding, with strong demand for lithium in China, Europe, and North America[65]. - The lithium price volatility poses a significant risk to the company's business and financial performance, with potential impacts on revenue and profitability[127]. Operational Efficiency and Cost Management - The company has implemented a systematic approach to quality management, including monthly quality reports and continuous monitoring of key quality indicators across production bases[53]. - The company’s production facilities have undergone automation and environmental upgrades, enhancing product quality and reducing production costs[66]. - The company plans to enhance training programs for both management and general employees to align with business needs[189]. Employee Engagement and Development - The total number of employees at the end of the reporting period was 2,191, with 1,136 in production, 572 in technical roles, and 29 in sales[185]. - The company conducted a total of 14,822 training sessions, accumulating 74,940 training hours, with an average of 50.25 hours per employee[187]. - The company launched the "Lithium Dream" growth camp in July 2022 to develop and retain talent from new graduates[188].

为了让广大投资者进一步了解公司 2022 年度经营情况，公司将于 2023 年 3 月 31 日（星期五）上午 8:00-9:00 举办 2022 年度业绩说明会。 本次年度业绩说明会将采用网络远程的方式举行，投资者可登陆全景网"投资者关 系互动平台"（https://ir.p5w.net）参与本次年度业绩说明会。 出席本次网上业绩说明会的人员有：董事长蒋卫平先生、副董事长蒋安琪女士、董 事/总裁夏浚诚先生、董事/财务总监/执行副总裁邹军先生、董事会秘书/副总裁张文宇先 生、独立董事唐国琼女士（如有特殊情况，参会人员可能进行调整）。 为充分尊重投资者，提升交流效率，现就公司 2022 年度网上业绩说明会提前向投 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 者可于 2023 年 3 月 31 日（星期五）上午 7:00 前访问 https://ir.p5w.net/zj/，或扫描下方 二维码，进入问题征集专题页面。公司将在 2022 年度业绩说明会上，对投资者普遍关 注的问题进行回答。 股票代码：002466 股票简称：天齐锂业 公告编号：2023-009 天齐锂业股份有限公司 ...

Supply and Demand Situation - The supply of lithium salt products in 2015 is expected to remain stable compared to 2014, while demand continues to grow, indicating a tight supply-demand relationship [4] - Global electric vehicle growth rate reached 100% in 2014, with China's growth rate at 270%, although the absolute growth remains relatively small due to a low base [4] Acquisition and Production - The acquisition of Galaxy Lithium (Jiangsu) Co., Ltd. was completed, and the company has resumed normal production operations after technical assessments and preparations [5] - The production line in Jiangsu offers advantages such as a fully automated production line and proximity to the port, reducing transportation costs [5] Production Capacity - The company controls the largest and highest quality lithium resource, Talison, with an annual production capacity of 740,000 tons, equivalent to approximately 110,000 tons of lithium carbonate [8] - The company’s production capacity includes 10,500 tons of lithium carbonate, 1,500 tons of lithium chloride, 5,000 tons of lithium hydroxide, and 200 tons of lithium metal from its Sichuan base, and 17,000 tons of battery-grade lithium carbonate from its Zhangjiagang base [8] Strategic Development - The company has followed a strategic plan of "consolidating upstream, expanding midstream, and penetrating downstream," which has largely been achieved [9] - Future acquisitions will focus on integrating existing projects while considering potential adjustments to strategic goals [9] Market Trends - The price of lithium carbonate has been steadily increasing since the second half of 2014, driven by the rising demand from the electric vehicle sector [11]

Group 1: Financial Performance - Tianqi Lithium aims to achieve breakeven in 2015 despite significant operational pressure [5] - The company is focused on minimizing losses this year [5] Group 2: Production and Operations - Tianqi Lithium's Jiangsu facility is undergoing technical modifications and process adjustments to adapt to new raw materials [5] - The company is accelerating integration efforts to leverage synergies [5] Group 3: Market Outlook - The lithium carbonate industry is currently experiencing a high level of market activity, though the company remains cautiously optimistic [6] Group 4: Strategic Acquisitions - Tianqi Lithium has no plans to enter the downstream lithium battery sector or pursue further acquisitions at this time [6] - The company has acquired Talison and Galaxy Lithium, focusing on upstream resource and midstream processing [6] Group 5: Mining Operations - Tianqi Mining primarily engages in the trade of Talison technical-grade lithium concentrate in the Greater China region, targeting glass and ceramics industries [8] - The company is learning from Talison's mining and extraction practices, particularly in environmental aspects, to enhance its operations [8]

Group 1: Financial Performance - Tianqi Lithium aims to achieve breakeven in 2015 despite significant operational pressure [5] - The company is focusing on reducing losses while balancing production between its two bases in Sichuan and Jiangsu [5] Group 2: Market Dynamics - Lithium salt prices have increased significantly, reflecting a supply-demand imbalance where demand growth outpaces supply growth [5] - In the first half of 2014, lithium salt prices were low due to limited demand and chaotic competition within the industry [5] Group 3: Business Strategy - Tianqi Lithium has no current plans to enter the downstream lithium battery market or pursue acquisitions in that area [7] - The company has acquired upstream resource company Talison and midstream processing company Galaxy Lithium, focusing on leveraging synergies [5][7] Group 4: Mining Operations - The company is learning from Talison's mining and environmental practices to enhance its own operations [8] - Talison's lithium concentrate is being prioritized for extraction due to its favorable economic conditions [8]