Group 1 - The A-share lithium extraction sector is experiencing strong performance, with companies such as Guojin General and Tibet Urban Investment hitting the daily limit up [1] - Tibet Zhufeng and Tibet Mining have seen their stock prices increase by over 6% [1] - Other companies like Bihuiyuan, Jinyuan Co., and Fulian Precision have also shown upward movement in their stock prices [1]

证券代码：600773 证券简称：西藏城投 公告编号：2025-026 西藏城市发展投资股份有限公司 关于使用闲置募集资金进行现金管理的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 投资种类：安全性、流动性好（单项产品期限最长不超过 12 个月）的理 财产品或存款类产品（包括但不限于结构性存款、通知存款、定期存款、大额存 单、收益凭证等），且该等现金管理产品不得用于质押，不用于以证券投资为目 的的投资行为； 本次投资金额：1.4 亿元； 已履行的审议程序：经公司第十届董事会第六次（定期）会议及第十届 监事会第五次（定期）会议、2024 年年度股东大会审议通过； 特别风险提示：公司拟投资的产品属于低风险投资品种，但金融市场受 宏观经济的影响较大，不排除该项投资受市场波动风险、利率风险、流动性风险、 政策风险、信息传递风险、不可抗力风险等风险的影响从而影响收益，理财收益 具有不确定性。 一、本次现金管理的概况 公司近期办理了共计 1.4 亿元闲置募集资金购买结构性存款事宜，具体内容 如下： | 受 ...

Group 1 - The lithium mining sector experienced significant fluctuations on July 18, with companies like Shengxin Lithium Energy and Jinyuan Co. hitting the daily limit up, while others like Zhongmin Resources and Tianqi Lithium also saw notable gains [1][2] - The main driver behind this market movement was a sudden announcement from Zangge Mining, which stated that its subsidiary was ordered to halt lithium resource development activities due to compliance issues [3][7] - The announcement highlighted a tightening of local government regulations regarding lithium resource development, signaling potential challenges for the industry [7] Group 2 - Tianqi Lithium and Ganfeng Lithium, referred to as the "lithium mining twins," both released their half-year performance forecasts, with Tianqi expecting a net profit of 0 to 1.55 billion yuan, a significant recovery from a loss of 5.206 billion yuan in the same period last year [8] - Ganfeng Lithium, on the other hand, projected a net loss of 300 million to 550 million yuan, although this was an improvement from a loss of 760 million yuan in the previous year [8][9] - The differing strategies of the two companies in response to lithium price fluctuations were noted, with Tianqi adjusting its pricing mechanism to a monthly basis, while Ganfeng focused on expanding its battery business [10] Group 3 - The lithium carbonate market is currently facing an oversupply situation, with prices continuing to decline, which has led to inventory pressures [10] - Recent data indicated that the price of lithium carbonate futures had reached a new high of 70,980 yuan per ton, marking a 4.32% increase [2][11] - The supply-demand dynamics are shifting, with rising costs for lithium raw materials and a decrease in inventory levels, suggesting potential support for prices in the near term [11][12] Group 4 - Policy measures are being implemented to support the lithium carbonate market, including the elimination of inefficient production capacities and government stockpiling of industrial-grade lithium carbonate [12][13] - The overall sentiment in the market is currently characterized by a rebound phase driven by market emotions, although the reality of weak fundamentals may limit significant price increases [13]

Overview - The company has approved the use of idle raised funds for cash management, with a maximum amount of RMB 400 million, ensuring that it does not affect the progress of investment projects or normal operations [2][5] - The company has opened a dedicated settlement account for cash management of raised funds, which will only be used for this purpose and will not hold non-raised funds [2][3] Cash Management Details - The company plans to invest in low-risk financial products, including structured deposits and income certificates, with a total investment amount of RMB 100 million [1][5] - The cash management products are designed to have good safety and liquidity, with individual product terms not exceeding 12 months [1][5] Progress and Impact - The company has successfully managed its idle raised funds, with no overdue amounts reported, and the current balance of invested products stands at RMB 100 million [6] - The cash management initiative is expected to enhance the efficiency of fund utilization and generate additional investment returns for the company and its shareholders [6]

证券代码：600773 证券简称：西藏城投 公告编号：2025-025 西藏城市发展投资股份有限公司 关于开立募集资金现金管理专用结算账户并使用闲 置募集资金进行现金管理的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 特别风险提示：公司拟投资的产品属于低风险投资品种，但金融市场受 宏观经济的影响较大，不排除该项投资受市场波动风险、利率风险、流动性风险、 政策风险、信息传递风险、不可抗力风险等风险的影响从而影响收益，理财收益 具有不确定性。 一、本次现金管理的概况 西藏城市发展投资股份有限公司（以下简称"公司"或"西藏城投"）于 2025 年 4 月 24 日召开了第十届董事会第六次（定期）会议及第十届监事会第五次（定 期）会议、2025 年 6 月 3 日召开了 2024 年年度股东大会，审议通过了《关于对 公司部分暂时闲置募集资金进行现金管理的议案》，同意公司使用额度不超过人 民币 40,000.00 万元（包含本数）的闲置募集资金在确保不影响募集资金投资项 1 目进度、不影响公司正常生产经 ...

Group 1 - The company anticipates a net profit attributable to the parent company of approximately -70 million to -58 million yuan for the first half of 2025 [2][3] - The net profit attributable to the parent company, excluding non-recurring gains and losses, is expected to be around -71 million to -59 million yuan [2][3] - The primary reason for the anticipated loss is the impact of the main business, with low gross profit margins on transferred housing sources and increased fixed expenses [3] Group 2 - The company reported a net profit of -102.32 million yuan for the current period, with a net profit of -102.60 million yuan after excluding non-recurring gains and losses [2] - The company’s main business is affected by the overall downturn in the real estate industry, with no significant improvement in demand [3] - The management plans to focus on the de-stocking of existing properties and accelerate the implementation of "innovation-driven, transformation and development" strategies [3]

Core Viewpoint - Tibet City Investment (西藏城投) has announced an increase in the sales agency fee from 0.5% to 1.5% for a real estate project managed by its major shareholder's subsidiary, aiming to boost sales amid a challenging real estate market [1][4][11]. Financial Performance - In 2024, Tibet City Investment reported a net loss of 309 million yuan, with real estate sales dropping to 900 million yuan [1][8]. - For Q1 2025, the company achieved a revenue of 535 million yuan but incurred a net loss of 34.39 million yuan [1][8]. - The company's net profit has significantly declined from 117 million yuan in 2022 to 13 million yuan in 2024, marking a 596.55% decrease in net profit [5][8]. Real Estate Market Context - The increase in agency fees is a response to the ongoing downturn in the real estate market, characterized by rising sales pressure and competition [4][11]. - The project "Hongnan Mountain 240 Block" is positioned as a high-end residential community, with a total investment of approximately 11.5 billion yuan and an average price of 125,000 yuan per square meter [4][5]. Lithium Industry Transition - Tibet City Investment holds significant lithium resources, with verified reserves of 3.9 million tons of lithium carbonate [12][16]. - Recent developments include obtaining mining permits and initiating construction of a lithium hydroxide production line, with plans to achieve a production capacity of 130,000 tons over the next 4-5 years [16][12]. - Despite these advancements, the company faces challenges in converting lithium resources into substantial revenue due to the cyclical downturn in the lithium industry [16][12].

证券代码：600773 证券简称：西藏城投 公告编号：2025-024 西藏城市发展投资股份有限公司 2025 年半年度业绩预告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 一、本期业绩预告情况 （一）业绩预告期间 （三）公司本次业绩预告未经会计师事务所审计。 二、上年同期经营业绩和财务状况 （一）归属于母公司所有者的净利润：-10,232.62 万元。归属于母公司所 有者的扣除非经常性损益的净利润：-10,260.30 万元。 （二）每股收益：-0.116 元。 1 业绩预告的具体适用情形：净利润为负值。 主要财务数据情况：西藏城市发展投资股份有限公司（简称"公司"）预 计2025年半年度实现归属于母公司所有者的净利润约为-7,000万元至 -5,800万元；2025年半年度实现归属于母公司所有者的扣除非经常性损 益后的净利润约为-7,100万元至-5,900万元。 本次业绩预告仅为初步核算数据，具体准确的财务数据以公司正式披露 的2025年半年报为准，敬请广大投资者注意投资风险。 三、本期业绩预亏 ...

Group 1 - The board of directors of Tibet Urban Development Investment Co., Ltd. held its seventh (temporary) meeting on July 4, 2025, via teleconference, with all 9 directors present [1][2] - The board approved the proposal regarding the progress of agency housing sales and related transactions, with all independent directors giving prior consent [1] - The board also approved the proposal to establish a "Market Value Management System," with unanimous support from all directors [2]

Core Viewpoint - The company is engaged in a related party transaction involving the agency of real estate sales, which has been approved by its board of directors and is deemed necessary for business development [2][6]. Summary by Sections 1. Overview of Related Transactions - The company has entered into a cooperation agreement with Shanghai Jing'an Urban Renewal Investment Development Co., Ltd. to act as an agent for the sale of the Hongnan Mountain Residential Project [2]. - The sales commission for this project was initially set at 0.5% of the sales amount, which has been proposed to be increased to 1.5% due to rising costs and competitive pressures in the real estate market [3][5]. 2. Related Party Information - The related party involved is Shanghai Jing'an Urban Renewal Investment Development Co., Ltd., with a registered capital of 2 billion RMB [3]. - The relationship is established through the company's chairman, who is also the legal representative of the related party, indicating a direct connection [3]. 3. Main Content and Pricing Policy of Related Transactions - The agency sales commission will be adjusted to 1.5% of the sales amount starting from July 1, 2025, while previous agreements will remain in effect until that date [5]. - The pricing policy for this transaction is based on fairness and market standards, ensuring that the terms are mutually agreed upon by both parties [5]. 4. Impact of the Related Transaction on the Company - The transaction is expected to enhance the company's business development and is seen as beneficial for all shareholders, ensuring that the company maintains its independence and does not become reliant on the related party [5][6]. 5. Review Procedures for the Related Transaction - The board of directors, consisting of nine members, approved the transaction with three related directors abstaining from the vote, ensuring compliance with necessary legal procedures [6]. - Independent directors have also reviewed and approved the transaction, confirming its alignment with market rules and fairness to all shareholders [6].