Core Points - The company is undergoing a judicial auction of shares held by its major shareholder, Shanghai Gangshi, which owns over 5% of the company's shares [1][2] - The auction involves 40 million shares and 10 million shares, representing 7.81% and 1.95% of the company's total share capital, respectively [1][2] - The auction is scheduled for October 10-11, 2025, and October 11-12, 2025, respectively [3][4] Summary by Sections Auction Details - Shanghai Gangshi holds a total of 53,516,410 shares, accounting for 10.45% of the company's total share capital before the auction [2] - After the auction, if the shares are successfully transferred, Shanghai Gangshi will retain only 3,516,410 shares, reducing its stake to 0.69% [2] - The auction will be conducted on the judicial auction platform of the Shenzhen Bao'an District People's Court [3] Impact on Company - The auction of shares will not affect the company's operations or its compliance with listing requirements [4] - The company will continue to monitor the situation and fulfill its information disclosure obligations as required [4][5]

Core Viewpoint - The announcement details the judicial auction of shares held by a major shareholder of Jinjou Yongshan Lithium Industry Co., Ltd, which may impact the company's shareholding structure and market perception [2][3]. Group 1: Auction Details - The shares to be auctioned include 40,000,000 unrestricted circulating shares and 10,000,000 unrestricted circulating shares held by Shanghai Gangshi Equity Investment Co., Ltd, representing 7.81% and 1.95% of the company's total share capital, respectively [2][3]. - The auction for the 40,000,000 shares is scheduled from October 10, 2025, 10:00 AM to October 11, 2025, 10:00 AM, while the auction for the 10,000,000 shares will take place from October 11, 2025, 2:00 PM to October 12, 2025, 2:00 PM [2][4]. Group 2: Shareholder Impact - Prior to the auction, Shanghai Gangshi held 53,516,410 shares, accounting for 10.45% of the total share capital. Post-auction, they will hold 3,516,410 shares, reducing their stake to 0.69% [3]. - Together with its concerted party Ningbo Jutai Investment Management Co., Ltd, Shanghai Gangshi's total shareholding will decrease from 23.69% to 13.93% after the auction [3]. Group 3: Company Operations - The judicial auction of shares is not expected to affect the company's production and operations, nor will it lead to changes in the controlling shareholder or actual controller [6][7]. - The company will closely monitor the auction process and fulfill its information disclosure obligations as required by the Shanghai Stock Exchange [7].

证券代码：603399 证券简称：永杉锂业 公告编号：2025-053 锦州永杉锂业股份有限公司 关于持股5%以上股东部分股份 将被司法拍卖的提示性公告 本公司董事会及全体董事成员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: 本次将被司法拍卖的标的是锦州永杉锂业股份有限公司（以下简称"公 司"、"永杉锂业"） 持股 5%以上股东上海钢石股权投资有限公司（以下简称 "上海钢石"）持有的公司无限售流通股 40,000,000 股和 10,000,000 股，分别 占上海钢石持有公司股份总数的 74.74%和 18.69%，占公司总股本的 7.81%和 1.95%，目前上述股份处于司法轮候冻结状态。 （二）上海钢石持有的公司 10,000,000 股无限售流通股 1、拍卖标的：上海钢石持有的公司 10,000,000 股无限售流通股，该股份已 被司法轮候冻结。 2、拍卖时间：2025 年 10 月 11 日 14 时-2025 年 10 月 12 日 14 时（延时除 外）。 上海钢石持有的公司 40,000,000 股股份将于 ...

Group 1 - The company Jinzhou Yongshan Lithium Industry Co., Ltd. announced that its major shareholder Shanghai Gangshi will auction 40 million and 10 million shares, which represent 74.74% and 18.69% of Shanghai Gangshi's total holdings respectively, and 7.81% and 1.95% of the company's total share capital [1] - The auction for the 40 million shares is scheduled to start on October 10 at 10:00 AM, while the 10 million shares will be auctioned on October 11 at 2:00 PM [1] - If the auction shares are successfully delivered, Shanghai Gangshi and its concerted parties' shareholding will decrease from 23.69% to 13.93% [1]

Group 1 - The core viewpoint of the news is that Yongshan Lithium Industry has experienced fluctuations in its stock performance and financial metrics, indicating potential investment opportunities and risks [1][2]. - On September 5, Yongshan Lithium Industry's stock rose by 4.62%, with a trading volume of 255 million yuan, while the financing net purchase was negative at -5.45 million yuan [1]. - As of September 5, the total margin balance for Yongshan Lithium Industry was 223 million yuan, accounting for 4.27% of its market capitalization, which is above the 70th percentile of the past year [1]. Group 2 - As of June 30, the number of shareholders for Yongshan Lithium Industry was 44,400, a decrease of 8% from the previous period, while the average circulating shares per person increased by 8.7% to 11,539 shares [2]. - For the first half of 2025, Yongshan Lithium Industry reported a revenue of 2.392 billion yuan, a year-on-year decrease of 28.63%, and a net profit attributable to shareholders of -144 million yuan, a significant decline of 315.62% [2]. - Since its A-share listing, Yongshan Lithium Industry has distributed a total of 282 million yuan in dividends, with 207 million yuan distributed over the past three years [2].

Core Points - The company is holding its second extraordinary general meeting of shareholders on September 10, 2025, to discuss several key proposals [1][2] - The meeting will include a combination of on-site and online voting for shareholders [1] - The agenda includes the cancellation of the supervisory board, changes to registered capital, amendments to company management systems, and adjustments to futures hedging business [1][2][4] Proposal Summaries - **Proposal 1: Cancellation of the Supervisory Board** The company plans to abolish the supervisory board in accordance with the new Company Law effective from July 1, 2024, transferring its responsibilities to the audit committee of the board [2][4] - **Proposal 2: Change of Registered Capital and Amendment of Articles of Association** The company will reduce its total shares from 515,380,649 to 512,290,649 and its registered capital from 515,380,649 yuan to 512,290,649 yuan due to the repurchase and cancellation of 3.09 million restricted stocks [3][4] - **Proposal 3: Revision of Management Systems** The company is revising parts of its internal management rules to enhance governance and protect the rights of shareholders, including amendments to the rules of board and shareholder meetings [4][5] - **Proposal 4: Adjustment of Futures Hedging Business** To mitigate risks from price fluctuations of lithium carbonate and raw materials, the company intends to increase the margin for futures hedging transactions, with a total investment not exceeding a specified amount in yuan [5]

锦州永杉锂业股份有限公司 2025 年第二次临时股东大会会议资料 2025 年 9 月 锦州永杉锂业股份有限公司 2025 年第二次临时股东大会会议资料 目 录 | 2025 年第二次临时股东大会会议议程 | 2 | | --- | --- | | 议案一：关于取消监事会的议案 | 4 | | 议案二：关于变更注册资本并修改公司章程的议案 | 5 | | 议案三：关于修订公司部分管理制度的议案 | 6 | | 议案四：关于调整期货套期保值业务相关事项的议案 | 7 | 1 公司登记在册的所有股东或其代理人，均有权出席股东大会。股东应当持身 份证或其他能够表明其身份的有效证件或证明出席股东大会。代理人还应当提交 股东授权委托书和本人有效身份证件。 二、会议签到 三、主持人宣布会议开始 锦州永杉锂业股份有限公司 2025 年第二次临时股东大会会议资料 2025 年第二次临时股东大会会议议程 现场会议时间：2025 年 9 月 10 日 14：00 时。 现场会议地点：主会场辽宁省凌海市大有乡双庙农场公司会议室、分会场湖 南省长沙市望城区大泽湖·海归小镇研发中心 1 期 3B 栋 7 楼公司会议室 会议表决方式：现 ...

Group 1 - The core viewpoint of the article highlights the poor financial performance of Yongshan Lithium Industry in the first half of 2025, with a significant revenue drop of 28.6% to 2.392 billion yuan and a net loss attributable to shareholders of 144 million yuan, a year-on-year decline of 315.6% [1] - The company's main business segments, lithium salt products and molybdenum products, both underperformed, negatively impacting overall performance. The lithium salt business generated revenue of 617 million yuan, down 19.95% year-on-year, while the molybdenum business earned 1.774 billion yuan, also showing a decline [1] - From 2022 to the first half of 2025, the company reported revenues of 7.061 billion yuan, 7.505 billion yuan, 5.895 billion yuan, and 2.392 billion yuan, with respective changes of 81.58%, 6.29%, -21.45%, and -28.63% [1] Group 2 - The overall lithium carbonate market exhibited a volatile pattern in the first half of 2025, initially rising due to inventory digestion and seasonal demand expectations, but later stabilizing at lower levels [1] - The company's profitability has also declined, with the sales gross margin dropping from 8.89% in the first half of 2023 to 1.58% in the first half of 2025, and the net profit margin turning negative [1] - The operational efficiency of the company has worsened, with a significant decrease in inventory turnover rate and total asset turnover rate [2]

Market Overview - On August 28, the energy metals sector rose by 0.91% compared to the previous trading day, with Boqian New Materials leading the gains [1] - The Shanghai Composite Index closed at 3843.6, up 1.14%, while the Shenzhen Component Index closed at 12571.37, up 2.25% [1] Stock Performance - Boqian New Materials (605376) closed at 49.14, up 5.00%, with a trading volume of 125,600 shares and a transaction value of 610 million yuan [1] - Other notable performers included: - Cangge Mining (000408) at 50.69, up 2.14% [1] - Huayou Cobalt (603799) at 46.57, up 1.55% [1] - Tengyuan Mining (301219) at 65.20, up 1.09% [1] - Sai Rui Aluminum (300618) at 40.45, up 0.92% [1] Capital Flow - The energy metals sector experienced a net outflow of 1.101 billion yuan from institutional investors, while retail investors saw a net inflow of 916 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Boqian New Materials saw a net inflow of 37.51 million yuan from institutional investors, but a net outflow of 73.68 million yuan from retail investors [3] - Other stocks with significant capital movements included: - Huayou Cobalt with a net inflow of 1.10 million yuan from institutional investors and a net inflow of 1.16 million yuan from retail investors [3] - Cangge Mining with a net outflow of 25.63 million yuan from institutional investors but a net inflow of 26.29 million yuan from retail investors [3]

Core Insights - Yongshan Lithium Industry reported a significant decline in revenue and net profit for the first half of 2025, with revenue dropping by 28.6% to 2.392 billion yuan and a net loss of 144 million yuan, a year-on-year decrease of 315.6% [1][3] - The company's two main business segments, molybdenum and lithium, both underperformed due to price pressures, negatively impacting overall performance [1][3] Revenue Performance - The lithium salt business revenue decreased by 19.95% to 617 million yuan, while the molybdenum business revenue fell by 31.23% to 1.774 billion yuan [3] - Revenue figures for the years 2022 to 2025 show a trend of fluctuating performance: 7.061 billion yuan in 2022, 7.505 billion yuan in 2023, 5.895 billion yuan in 2024, and 2.392 billion yuan in the first half of 2025, with respective year-on-year changes of 81.58%, 6.29%, -21.45%, and -28.63% [1] Profitability Analysis - The company's net profit figures indicate a troubling trend: 492 million yuan in 2022, a loss of 337 million yuan in 2023, a profit of 25.42 million yuan in 2024, and a loss of 144 million yuan in the first half of 2025, with year-on-year changes of 2605.67%, -168.52%, 107.54%, and -315.62% [1] - The gross profit margin has been declining, dropping from 8.89% in the first half of 2023 to 1.58% in the first half of 2025, while the net profit margin turned negative, falling from 1.99% in the first half of 2024 to -6.02% in the first half of 2025 [3] Operational Efficiency - The company's inventory turnover rate has significantly decreased, indicating reduced operational efficiency [5] - In the first half of 2025, Yongshan Lithium's inventory turnover rate was 4.34, with inventory turnover days extending to 41.47 days, reflecting a decline in turnover efficiency [7]