证券代码：600773 证券简称：西藏城投 公告编号：2026-001 西藏城市发展投资股份有限公司 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。 一、本次使用闲置募集资金进行现金管理到期赎回的情况 公司前期购买了上海银行"稳进"3 号结构性存款产品，截至本公告披露日， 公司已赎回前述产品，本金和收益已及时归还至公司募集资金专户。具体情况如 下： | | 受托人名 | 产品金额 | 起息日 | 到期日 | 年化收 益率 | 赎回金额 | 实际收 益 | | --- | --- | --- | --- | --- | --- | --- | --- | | 产品名称 | 称 | （万元） | | | | （万元） | | | | | | | | （%） | | （万元） | | 上海银行"稳 | | | | | | | | | 进"3 号结构性 | 上海银行 | 8,000 | 2025/7/15 | 2026/1/12 | 1.75 | 8,000 | 69.42 | | 存款产品 | | | | | | | | 二、公司使用闲置 ...

Group 1 - Ganfeng Lithium is a global leader in the lithium industry, with a comprehensive resource layout covering spodumene, salt lakes, and clay, and its lithium carbonate production capacity is among the top in the industry [1] - Tianqi Lithium controls the world's largest spodumene mine, Greenbushes, with a self-sufficiency rate of 100%, and its full industry chain layout enhances profitability amid rising lithium carbonate prices [2] - Salt Lake Industry holds the largest lithium resource in China at the Qarhan Salt Lake, with a low extraction cost of 30,000 to 40,000 yuan per ton, and plans to reach a production capacity of 40,000 tons of lithium carbonate by 2025 [3] Group 2 - Zangge Mining has a significant advantage in the Tibetan salt lake resource layout, with a planned capacity of 50,000 tons per year and a self-sufficiency rate exceeding 80% [4] - Shengxin Lithium Energy owns Asia's largest hard rock lithium mine and has a long-term supply agreement with CATL, ensuring stable sales amid rising lithium prices [5] - Rongjie Co. focuses on lithium resource development and processing, optimizing its mining technology to enhance resource utilization and reduce costs [6] Group 3 - Tibet Mining has exclusive mining rights to the Zabuye Salt Lake, one of Asia's largest lithium salt lakes, which provides a cost advantage as lithium carbonate prices rise [7][8] - Yahua Group ranks second in lithium extraction from lepidolite in A-shares, with an annual capacity of 45,000 tons, and has established long-term partnerships with several battery manufacturers [9] - Zhongmin Resources has a strong presence in both spodumene and salt lake lithium extraction, actively expanding overseas projects to enhance market competitiveness [10] Group 4 - Jiangte Motor, located in Yichun, known as "Asia's Lithium Capital," has a lepidolite extraction capacity of 30,000 tons per year and holds proprietary low-cost extraction technology [11] - Xizang City Investment has lithium carbonate reserves of 3.9 million tons from two salt lakes, utilizing a low-cost extraction method that positions it well for profit during price increases [12] - Yongxing Materials focuses on lithium salt production and has a diversified supply chain that allows it to respond quickly to market changes [13] Group 5 - Huayou Cobalt is a global leader in cobalt products and has developed an integrated supply chain for nickel, cobalt, and lithium resources, ensuring stable supply for battery materials [14] - Hanrui Cobalt has a synergistic business model for cobalt and lithium, ensuring raw material self-sufficiency and benefiting from the growth of the lithium battery industry [15] - Tengen Cobalt focuses on the research, production, and sales of cobalt and lithium products, maintaining stable sales through partnerships with leading battery manufacturers [16] Group 6 - Luoyang Molybdenum is the second-largest cobalt producer globally and is actively expanding its lithium resource layout, benefiting from the growth in lithium battery demand [17] - Greeenmei is a leader in battery recycling, achieving over 95% recovery rates and integrating lithium resource recovery into its business model [18] - Northern Rare Earth is the largest supplier of light rare earths and is diversifying into lithium and other energy metals, leveraging its resource advantages [19] Group 7 - Jinli Permanent Magnet has advanced technology that reduces the use of heavy rare earths and is expanding into lithium-related energy metal businesses [20] - Wanhua Chemical is actively involved in the lithium battery materials sector, providing chemical support for lithium carbonate production and benefiting from the growing demand in the lithium battery industry [21] - China Aluminum is leveraging its mining experience to develop lithium resources, ensuring quality and reducing operational costs amid rising lithium prices [22] Group 8 - Jiangxi Copper is expanding into lithium and cobalt, utilizing its mining expertise to enhance its energy metal business [23] - Huayu Mining is focusing on lithium resource development in Tibet, leveraging its regional advantages to enhance its lithium salt processing projects [24] - Shengda Resources is actively acquiring lithium resources and enhancing its energy metal business through strategic partnerships [25] Group 9 - Boqian New Materials, while primarily focused on nano-level metal powder materials, is involved in the lithium battery sector and is expected to see significant profit growth by 2026 [26] - Yongshan Lithium focuses on lithium salt product development and has optimized its production processes to enhance product quality and efficiency [27] - Dazhong Mining is transitioning into the lithium sector, utilizing its mining expertise to explore and develop lithium resources [28] Group 10 - Jinyuan Co. is transforming into the lithium battery sector, focusing on lithium resource development and processing through strategic acquisitions [29] - Weiling Co. is extending its business into the lithium battery supply chain, providing equipment and technical support for lithium mining and processing [30] - Tianhua Super Clean is deeply engaged in lithium battery materials, with a strong production capacity and established relationships with leading battery manufacturers [31]

Market Overview - The real estate development sector experienced a decline of 0.4% on January 12, with Sanxiang Impression leading the drop [1] - The Shanghai Composite Index closed at 4165.29, up by 1.09%, while the Shenzhen Component Index closed at 14366.91, up by 1.75% [1] Stock Performance - Notable gainers in the real estate sector included: - Daming City (600094) with a closing price of 5.03, up by 10.07% and a trading volume of 699,700 shares [1] - Tibet City Investment (600773) closed at 14.07, up by 5.16% with a trading volume of 287,800 shares [1] - Urban Construction Development (600266) closed at 7.15, up by 4.84% with a trading volume of 4,376,600 shares [1] - Major decliners included: - Sanxiang Impression (000863) closed at 6.03, down by 6.37% with a trading volume of 1,042,600 shares [2] - ST Zhongdi (000609) closed at 8.92, down by 5.01% with a trading volume of 193,100 shares [2] - China Wuyi (000797) closed at 3.66, down by 4.94% with a trading volume of 1,278,900 shares [2] Capital Flow - The real estate development sector saw a net outflow of 2.198 billion yuan from institutional investors, while retail investors contributed a net inflow of 1.597 billion yuan [2] - The detailed capital flow for selected stocks showed: - Urban Construction Development (600266) had a net inflow of 92.44 million yuan from institutional investors [3] - Daming City (600094) saw a net inflow of 79.37 million yuan from institutional investors [3] - Sanxiang Impression (000863) experienced a significant net outflow of 639.79 million yuan from institutional investors [3]

证券日报网讯1月9日，西藏城投（600773）在互动平台回答投资者提问时表示，3300吨氢氧化锂试生产 产线已顺利贯通，试运行各项参数基本达到设计指标，后续继续推进相关手续的办理。 ...

证券日报网讯 1月9日，西藏城投在互动平台回答投资者提问时表示，国能矿业结则茶卡项目万吨级氢 氧化锂产线尚未建成投产，其中3300吨试生产产线已顺利贯通，后续相关手续正在推进当中；龙木错项 目已于2025年1月取得环评批复，后续审批手续及流程在有序推进。 （文章来源：证券日报） ...

证券日报网讯 1月9日，西藏城投在互动平台回答投资者提问时表示，公司未参与雅下水电站配套工程 项目。国能矿业结则茶卡项目万吨级氢氧化锂产线尚未建成投产，其中3300吨试生产产线已顺利贯通， 后续相关手续正在推进当中。公司房地产开发项目近期在售的有西安静安广场商办部分、西安璟宸尊域 府、西咸崇文尊域万樾府、天宸府以及其他存量项目。 （文章来源：证券日报） ...

Core Viewpoint - The company has confirmed that its lithium extraction project from salt lake brine is currently capable of stable brine supply conditions, and the aluminum adsorption process has shown stable performance during pilot testing [1] Group 1 - The company has obtained mining rights for both of its salt lakes [1] - The salt lake project includes the construction of a pumping station, ensuring brine supply conditions are met [1] - The aluminum adsorption process has demonstrated stable operation during the pilot experiments [1]

Core Viewpoint - Tibet City Investment's stock price has shown significant growth in recent months, with a year-to-date increase of 9.04% and a 22.71% rise over the past 60 days, despite a recent decline of 2.03% on January 8 [1] Group 1: Stock Performance - As of January 8, Tibet City Investment's stock price was 13.51 CNY per share, with a market capitalization of 12.856 billion CNY [1] - The stock experienced a trading volume of 2.22 billion CNY and a turnover rate of 1.70% [1] - The stock has increased by 10.92% over the last five trading days and 12.58% over the last 20 trading days [1] Group 2: Financial Performance - For the period from January to September 2025, Tibet City Investment reported revenue of 837 million CNY, reflecting a year-on-year growth of 275.09% [2] - The company recorded a net profit attributable to shareholders of -113 million CNY, which is a 24.53% increase year-on-year [2] Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Tibet City Investment increased to 61,200, a rise of 10.30% from the previous period [2] - The average number of circulating shares per shareholder decreased by 9.34% to 15,553 shares [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited and Southern CSI Real Estate ETF, with notable changes in their holdings [3]

Core Viewpoint - The capital market in Tibet has made significant contributions to the high-quality development of the local economy during the "14th Five-Year Plan" period, with a focus on the dual growth of quantity and quality of listed companies, continuous innovation investment, improved investor return mechanisms, and robust risk prevention measures [1][2]. Group 1: Listed Companies' Performance - During the "14th Five-Year Plan," the number of listed companies in Tibet increased to 22, with a total market value rising from over 200 billion to 320 billion yuan, and 14 companies entering the "100 billion club," accounting for nearly 60% [7]. - The total operating revenue of these companies reached 40.98 billion yuan in the first three quarters of 2025, a year-on-year increase of 4.96%, while net profit attributable to shareholders was 6.63 billion yuan, up 37.2%, significantly outpacing national averages [7]. - The pharmaceutical and non-ferrous metal industries have emerged as the main drivers of regional economic development, with 8 pharmaceutical companies and 3 non-ferrous metal companies leading the way [7]. Group 2: Innovation and R&D - Innovation has been a core strategy for listed companies in Tibet, with R&D expenditures reaching 2.206 billion yuan in 2024, a 53.09% increase from 1.441 billion yuan in 2020, and R&D intensity rising to 4.06%, exceeding the national average by about 2 percentage points [12]. - In the first three quarters of 2025, R&D expenses totaled 1.74 billion yuan, a year-on-year increase of 18.8%, with R&D intensity reaching 4.24, nearly double the national average [12]. Group 3: Investor Returns - Listed companies in Tibet have focused on enhancing investor returns, with cumulative cash dividends during the "14th Five-Year Plan" period amounting to 17.012 billion yuan, a 28.79% increase compared to the "13th Five-Year Plan" [14]. - The stability and predictability of dividends have improved significantly, with companies like Meihua Biological achieving the highest cumulative dividends of 6.218 billion yuan during this period [14][15]. Group 4: Financing and Capital Tools - The capital market in Tibet has diversified financing tools, with direct financing amounts growing from 13.92 billion yuan in 2021 to 25.528 billion yuan in 2024, reflecting a compound annual growth rate of 22.40% [16]. - The issuance of asset-backed securities (ABS) marked a significant milestone, with a local state-owned enterprise issuing 7 ABS products in 2024, achieving a "zero breakthrough" in ABS issuance in Tibet [16]. Group 5: Risk Prevention and Regulation - Regulatory authorities in Tibet have adopted a "zero tolerance" approach to risk prevention, handling 13 cases of capital market violations during the "14th Five-Year Plan," with penalties exceeding 30 million yuan [19]. - The region has maintained a "zero default" status for corporate bonds, with no companies facing delisting risks during this period [19]. Group 6: Future Outlook - Looking ahead to the "15th Five-Year Plan," the capital market in Tibet aims to empower regional economic development through innovation, industrial upgrades, and risk prevention, with a focus on nurturing quality enterprises in sectors like pharmaceuticals and new materials [22].

Core Viewpoint - The company emphasizes that its stock price is influenced by multiple factors including macroeconomic conditions, industry policies, market investment preferences, and operational performance [1] Group 1: Company Actions - The company places high importance on market value management and has implemented various tools such as improving corporate governance, enhancing operational quality, engaging in capital operations, and increasing dividend payouts [1] - Since 2025, the company has actively responded to market value management policies by establishing a "Market Value Management System" [1] - The company is committed to continuing efforts to improve operational quality and maintain stock price through effective market value management [1]