证券代码：000408 证券简称：藏格矿业 公告编号：2025-059 藏格矿业股份有限公司 关于第二期员工持股计划 首次受让股份非交易过户完成的公告 一、 二、 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。 藏格矿业股份有限公司（以下简称"公司"）分别于 2025 年 3 月 28 日、2 025 年 4 月 18 日召开第九届董事会第十九次会议、第九届监事会第十三次会议 和 2024 年年度股东大会，审议通过了《关于公司〈第二期员工持股计划（草案）〉 及其摘要的议案》《关于公司〈第二期员工持股计划管理办法〉的议案》《关于 核实公司第二期员工持股计划之持有人名单的议案》（仅监事会审议）及《关于 提请股东大会授权董事会办理公司第二期员工持股计划有关事项的议案》。具体 内容详见公司在巨潮资讯网（https://www.cninfo.com.cn）披露的《第二期员工持 股计划》及其他相关公告。 公司本次员工持股计划已在中国证券登记结算有限责任公司深圳分公司开 立了证券账户。具体内容详见公司于 2025 年 5 月 9 日在巨潮资讯网（https://ww w.c ...

Summary of Lithium Industry Conference Call Industry Overview - The lithium industry has shown clear bottom signals, with carbonate prices dropping from 80,000 to 60,000 yuan, and stock prices demonstrating resilience against commodity price fluctuations. This situation mirrors the 2019 trend where stock prices rebounded ahead of commodity prices [2][4] - The supply increment for lithium has been revised down to 163,000 tons, leading to a balance between supply and demand. The demand for new energy vehicles and energy storage has exceeded expectations, with domestic new energy vehicle sales increasing by 44% year-on-year in the first half of the year, and energy storage bidding capacity increasing by 200% [1][12] Key Points on Supply and Demand - The cash cost of Australian lithium mines is concentrated between 560-600 USD, making it difficult to break through this level. The extraction costs from South American salt lakes are underestimated, with actual costs significantly higher than research costs [1][10] - The market for cathode materials has experienced significant destocking, particularly for lithium iron phosphate, which saw a production increase of 88% year-on-year from January to May [1][13] - The anticipated surplus for 2025 is around 100,000 tons, which is less than 8% of total demand, indicating a reasonable safety stock level [1][14] Price and Market Dynamics - The lithium carbonate price is expected to face challenges in exceeding 80,000 yuan, with a potential rebound of 20% to 30% in stock prices over the next six months [4][17] - The market is currently experiencing tight balance conditions, with potential unexpected increments in supply from July to August [3][15] - The recent price drop has not significantly affected stock prices, indicating a potential for gains when commodity prices rebound [3][17] Investment Recommendations - Recommended stocks for investment include Zhongkuang, Cangge, Yahua, and Yongxing, which have solid fundamentals and other business supports, making them attractive options during the current market phase [5][18] - The focus should be on companies with a strong safety net and solid fundamentals, as their market values reflect current profitable operations while their lithium business acts as a call option [5][17] Future Outlook - The demand for lithium is expected to remain strong, driven by the performance of new energy vehicles and energy storage, with significant growth in battery production and low inventory levels [11][14] - The overall sentiment in the market suggests that once the negative factors are priced in, a rebound in lithium prices is likely, supported by the balance between supply and demand [12][15]

Core Viewpoint - The approval of the Yulong Copper Mine Phase III expansion project by the Tibet Autonomous Region Development and Reform Commission marks a significant step in enhancing copper production capacity, increasing from 1,989,000 tons/year to 3,000,000 tons/year, aligning with national strategies for resource security and economic development [2][4]. Group 1: Project Developments - The Yulong Copper Mine's Phase III project has received approval, which will include the construction of a new 1,100,000 tons/year beneficiation plant and an increase in hydrometallurgical capacity from 300,000 tons/year to 1,000,000 tons/year [4][5]. - The project is estimated to require a total investment of 4.79 billion yuan [5]. - The Yulong Copper Mine is expected to produce between 180,000 to 200,000 tons of copper metal annually after the completion of the Phase III project [6]. Group 2: Supply Chain and Capacity - The Yulong Copper Mine, along with the ongoing construction of the Jilong Copper Mine Phase II, is set to create a combined short-term, medium-term, and long-term supply increase in copper resources [8]. - The Jilong Copper Mine Phase II is projected to reach a production capacity of 300,000 to 350,000 tons/year upon completion in late 2025 [8]. - The overall copper production capacity from the Yulong Copper Mine is expected to significantly increase, with the mine's production in 2024 estimated at 177,000 tons, of which 159,000 tons will come from Yulong [4][6]. Group 3: Industry Context and Players - The development of copper resources in Tibet is being accelerated, with major companies like Zijin Mining, Zangge Mining, Western Mining, and Hongda Co. Ltd. involved in the projects [2][11]. - Zijin Mining has increased its stake in Jilong Copper Mine to approximately 57% after acquiring control of Zangge Mining, enhancing its resource portfolio [12]. - The profitability of Jilong Copper and Yulong Copper is notable, with projected revenues and net profits for 2024 reaching 12.83 billion yuan and 6.26 billion yuan for Jilong, and 10.62 billion yuan and 5.41 billion yuan for Yulong, respectively [14].

Group 1 - The core focus of the news is the rapid advancement of the Mami Cuo salt lake project by Zangge Mining, which has received approval for its construction plans and technical routes after obtaining project approval [1] - The Mami Cuo salt lake project has a proven lithium chloride resource of approximately 250.11 thousand tons, equivalent to about 217.74 thousand tons of lithium carbonate [1][2] - The project is set to commence its first phase of construction in the third quarter of this year, with a construction period estimated to be between 9 to 12 months [1][2] Group 2 - The first phase of the Mami Cuo project aims for an annual production capacity of 50 thousand tons of lithium carbonate, with plans for a second phase to expand capacity to between 50 thousand and 80 thousand tons, pending government approval [2] - The project incorporates a unique brine modification process to address the challenges of aluminum-based adsorbents in Tibetan salt lake brine, while also ensuring a sustainable freshwater source [2] - Zangge Mining has set a target for the project's lithium extraction rate to be no less than 95%, balancing production efficiency and cost optimization [2] Group 3 - Zangge Mining is actively extending its operations upstream to enhance resource self-sufficiency, with potassium resources primarily sourced from the Chaqi Salt Lake and Laos potassium salt projects [3] - The long-term planned lithium salt production capacity for the Mami Cuo salt lake is 100 thousand tons, while the two salt lakes under Guoneng are projected to have a combined capacity of 130 thousand tons, contributing to a total potential lithium salt supply of approximately 300 to 400 thousand tons from various Tibetan salt lakes [3]

证券代码：000408 证券简称：藏格矿业 藏格矿业股份有限公司投资者关系活动记录表 编号：2025-006 | | □特定对象调研□分析师会议 | | --- | --- | | 投资者关系 | □媒体采访□业绩说明会 | | 活动类别 | □新闻发布会□路演活动 | | | □现场参观 | | | ■其他（电话会议） | | | 长城基金李金洪、招商基金查汉斌、华西基金吴文庆、诺安 | | | 基金李顺帆、淳厚基金田文天、朱雀基金佘金花、安信基金孔令 | | | 琦、中欧基金王颖俐、华泰证券黄自迪、国金证券杨翼荥、长江 | | | 证券周相君、长江证券王筱茜、德邦证券曹钰涵、中信证券刘宇 | | | 飞、国金证券李超、广发证券王乐、光大证券马俊、华鑫证券杜 | | | 上飞、民生证券徐颖、华安证券冯欣、中信建投证券汪明宇、开 | | | 源证券徐正凤、华西证券熊颖、天风证券吴亚宁、国信证券杨耀 | | | 洪、光大证券周家诺、海通证券甘嘉尧、光大证券王凯、国盛证 | | | 券何承洋、国联证券周志璐、华安证券黄逸萱、东方证券李一涛、 | | 参与单位名称 | 信达证券李治、兴业证券赵远喆、中泰证券陈沁一、 ...

三、备查文件 拍卖等情况，其所质押的股份不存在平仓风险，亦不存在强制过户风险，质押风 证券代码：000408 证券简称：藏格矿业 公告编 险在可控范围之内。上述质押行为不会导致公司控制权变更，对公司生产经营、 公司治理不会产生重大影响。 公司将会持续关注其质押变动及质押风险情况，并严格遵守相关规定，及时 履行信息披露义务。敬请广大投资者注意投资风险。 | 号：2025-058 | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | | | | | | | | | | | 藏格矿业股份有限公司 | | | | 关于持股 | 5%以上股东部分股份解除质押及质押的公告 | | | | | | | | | | | | | | | | | | | | 二、 | 一、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 ...

证券代码：000408 证券简称：藏格矿业 公告编号：2025-058 藏格矿业股份有限公司 关于持股 5%以上股东部分股份解除质押及质押的公告 一、 二、 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。 藏格矿业股份有限公司（以下简称"公司"）近日接到股东西藏藏格创业投 资集团有限公司（以下简称"藏格创业投资"）函告，获悉其所持有公司的部分 股份办理了解除质押及质押手续，具体事项如下： 一、股东股份解除质押及质押的基本情况 （一）本次解除质押基本情况 | 股东 | 是否为控股股东 | 本次解除质 | 占其所持股 | 占公司总 | 质押起始 | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 或第一大股东及 | 押股份数量 | 份比例 | 股本比例 | 日 | 解除日期 | 质权人 | | | 其一致行动人 | （股） | （%） | （%） | | | | | 藏格创 | 否 | 65,440,000 | 39.40 | 4.17 | 2024 年 6 | 2025 年 6 | 青海西 ...

关于麻米错盐湖项目获西藏自治区发展和改革委员会 立项核准批复的公告 本公司及董事会全体成员保证信息披露内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 4、项目建设规模和主要内容：项目以麻米错盐湖卤水为原料提取盐湖中的锂 资源，卤水经管道直接输送至加工车间，提锂工艺采用"连续吸附法+膜法除杂浓 缩+一步法沉锂"技术路线，主要建设内容包括取卤泵站、输卤管线、回卤管线、 预处理吸附装置、纳滤反渗透装置、双极膜电渗析装置、沉锂 MVR 装置、碳酸 锂成品库及配套公辅设施等。产品方案为年产电池级碳酸锂 5 万吨，同时收回硼 元素，副产硼砂 1.7 万吨。矿山生产服务期 33 年（不含建设期 2 年）。 2025 年 6 月 23 日，藏格矿业股份有限公司全资子公司藏格矿业投资（成都） 有限公司参与认购的江苏藏青新能源产业发展基金合伙企业（有限合伙）投资控 股的西藏阿里麻米措矿业开发有限公司收到西藏自治区发展和改革委员会出具 的《关于阿里地区改则县麻米错盐湖矿区锂硼矿开采项目核准的批复》（藏发改 产业〔2025〕363 号），批复的主要内容为： 1、核准阿里地区改则县麻米错盐湖矿区锂硼矿开采项目。 2、项目 ...

Group 1 - Beixin Road and Bridge's application for issuing shares to specific targets has been approved by the Shenzhen Stock Exchange, pending approval from the China Securities Regulatory Commission [1] - Wangbian Electric's shareholders plan to reduce their holdings by a total of up to 2.99% of the company's shares, with specific reductions detailed for each shareholder [1] - Guotou Zhonglu is planning a major asset restructuring, leading to a suspension of its stock trading for up to 10 trading days [2] Group 2 - Baiotai has signed a licensing agreement with SteinCares for the commercialization of BAT2406 in Brazil and Latin America, with total payments potentially reaching up to $10 million [3] - Dongfang Bio has obtained two medical device registration certificates for its products, which are valid until June 1, 2030 [4] - Pulaike's subsidiary has received a new veterinary drug registration certificate [5] Group 3 - Wanyi Technology has signed an agreement to establish a joint laboratory with the Energy Research Institute, with a total research and development budget of 6 million yuan [6] - Yingboer plans to use up to 300 million yuan of idle funds for financial management [7] - Blue Biological has received two new veterinary drug registration certificates [8] Group 4 - Jinkai New Energy intends to inject up to 1.247 billion yuan into its wholly-owned subsidiary to enhance its operational capabilities [9] - China Pacific Insurance's assistant general manager's qualification has been approved [10] - Zhaoyan New Drug is reducing its registered capital and notifying creditors [11] Group 5 - Weili Medical plans to invest 37.5 million yuan in establishing a medical industry investment fund [12] - Hongbai New Materials has signed a deposit agreement for idle raised funds [13] - Tongyou Technology is applying for a credit limit of 10 million yuan from a bank [14] Group 6 - Warner Pharmaceutical's subsidiary has received approval for its magnesium sulfate raw material drug [15] - Fuda Co. plans to establish a wholly-owned subsidiary with a capital contribution of 475 million yuan [16] - Yabao Pharmaceutical has obtained a loan commitment letter for stock repurchase of up to 90 million yuan [17] Group 7 - Zhongyin Securities' chairman has resigned due to work adjustments [18] - Aili Home has terminated its share reduction plan ahead of schedule [19] - Samsung New Materials has appointed a new financial officer [20] Group 8 - Guobang Pharmaceutical's subsidiary has received EU GMP certification for its product [21] - Yipin Hong has received a drug registration certificate for its injection solution [22] - Wenzhou Hongfeng's subsidiary has obtained a utility model patent certificate [23] Group 9 - Cangge Mining plans to sign a financial service agreement with Zijin Mining Group [24] - Naipu Mining's application for convertible bonds has been accepted by the Shenzhen Stock Exchange [25] - Shenyang Machine Tool has completed its major asset restructuring [26] Group 10 - Xinlaifu plans to distribute a cash dividend of 5 yuan per 10 shares [27] - Jiashitang plans to distribute a cash dividend of 1.7 yuan per 10 shares [28] - Manbuer plans to distribute a cash dividend of 2.5 yuan per 10 shares [29] Group 11 - Guo Wang Yingda plans to distribute a cash dividend of 0.51 yuan per 10 shares [30] - Changsha Bank's shareholder plans to reduce holdings by up to 0.92% [31] - Hu Nong Commercial Bank plans to distribute a cash dividend of 1.93 yuan per 10 shares [32] Group 12 - Huaxiang Co. plans to distribute a cash dividend of 1.17 yuan per 10 shares [33]

Group 1 - The core point of the announcement is that the company plans to enter into a financial service agreement with Zijin Mining Group Finance Co., Ltd. to enhance cash management and financing efficiency [1][2] - The agreement will allow the company to conduct deposit and loan transactions, with a maximum daily deposit balance of RMB 2 billion and a maximum daily loan balance of RMB 1 billion [1][4] - The transaction is classified as a related party transaction as Zijin Finance is a subsidiary of Zijin Mining Group, which is a controlling shareholder of the company [1][3] Group 2 - The financial service agreement is subject to approval by the shareholders' meeting, and related parties will abstain from voting [2][7] - Zijin Finance has a solid business development and good operating conditions, with total assets of RMB 2,062,740.71 million as of March 31, 2025, and net profit of RMB 4,500.16 million for the first quarter of 2025 [3][4] - The company has assessed the risk management of Zijin Finance and found no significant deficiencies, ensuring that the financial services provided will not adversely affect the company's financial status or operational results [5][6] Group 3 - The financial services provided by Zijin Finance include deposit services at rates set by the People's Bank of China, and loan services with rates determined by relevant regulations [4][5] - The agreement will be effective for three years upon approval by the shareholders' meeting [5][6] - Independent directors have expressed their agreement with the transaction, stating that it aligns with the company's operational needs and does not harm the interests of shareholders, particularly minority shareholders [7]