Financial Performance - The company's operating revenue for Q3 2024 was ¥561,981,918.99, a decrease of 59.65% compared to the same period last year[2] - The net profit attributable to shareholders for the same period was ¥570,950,254.74, down 39.42% year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥568,962,642.94, reflecting a 40.09% decline compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.3635, down 39.43% year-on-year[2] - Total operating revenue for the current period is CNY 2,323,639,964.17, a decrease of 44.5% compared to CNY 4,189,191,852.89 in the previous period[25] - Net profit for the current period is CNY 1,860,282,559.05, a decline of 37.2% from CNY 2,963,479,857.14 in the previous period[26] - The net profit attributable to shareholders of the parent company is CNY 1,867,944,077.75, down 37.1% from CNY 2,968,524,601.00[26] - The company’s total profit for the current period is CNY 1,951,920,657.37, down from CNY 3,308,253,217.40, reflecting a decline of 41.0%[26] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥612,418,717.18, a significant decrease of 73.13% compared to the same period last year[2] - The cash inflow from operating activities for the current period is CNY 2,977,248,405.68, a decrease of 36% compared to CNY 4,647,021,890.88 in the previous period[27] - The net cash flow from operating activities is CNY 612,418,717.18, significantly down from CNY 2,279,129,286.13 in the same period last year, indicating a decline of approximately 73%[27] - The total cash and cash equivalents at the end of the period is CNY 769,407,535.62, down from CNY 1,199,600,562.52 in the previous year, representing a decline of approximately 36%[28] - The cash inflow from other operating activities increased to CNY 635,547,780.01 from CNY 338,629,596.84, marking an increase of approximately 88%[27] - The company reported a significant reduction in cash flow from sales of goods and services, which totaled CNY 2,249,429,214.54, down 48% from CNY 4,308,392,294.04 in the previous period[27] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥13,872,178,630.50, a decrease of 1.56% from the end of the previous year[2] - The company's total assets decreased to 13,872,178,630.50 CNY from 14,091,584,562.19 CNY at the beginning of the period[23] - Current assets decreased significantly from 3,143,978,232.09 CNY to 1,785,393,271.13 CNY[22] - The company's total liabilities decreased from 1,041,334,695.19 CNY to 672,470,864.76 CNY[23] - The company's retained earnings increased from 8,760,969,504.48 CNY to 8,964,168,655.31 CNY[23] Investment and Projects - The company's long-term equity investments increased by ¥137,456.74 million, a growth of 33.28% year-on-year, primarily due to investment income from Jilong Copper Industry[6] - The company completed the acquisition of a 39% stake in Guoneng Mining for 4.08 billion RMB, which holds mining rights for lithium and potassium resources[18] - The company has made progress on the Xizang Mami Cuo salt lake project, with project approval and mining rights application currently underway[16] - The Laos potassium salt mine project has confirmed potassium salt resources of approximately 984 million tons within a 157.72 square kilometer area, with feasibility and environmental impact reports in progress[17] Sales and Production - The sales volume of potassium chloride products decreased by 28.22%, and the sales price decreased by 15.40%, contributing to a total revenue decline of ¥186,555.19 million, or 44.53% year-on-year[6] - In the first three quarters of 2024, the production of potassium chloride was 756,200 tons, with sales of 715,000 tons, resulting in a revenue of 1,509.54 million RMB, a year-on-year decrease in production of 1.32% and a decrease in sales of 28.22%[14] - Lithium carbonate production reached 9,277.50 tons with sales of 10,210.00 tons, generating a revenue of 806.42 million RMB, reflecting a year-on-year increase in production of 12.84% and sales of 31.56%[14] Shareholder Actions - The company distributed a cash dividend of 2.60 CNY per 10 shares, totaling 408,333,661.32 CNY (including tax) to shareholders[20] - The company plans to repurchase shares with a budget of 150 million to 300 million CNY, adjusting the maximum repurchase price to 35.64 CNY per share[20] - As of the report date, the company has repurchased 3,032,528 shares, accounting for 0.19% of the total share capital, with a total transaction amount of 71,546,438.56 CNY[21]

证券代码：000408 证券简称：藏格矿业 公告编号：2024-073 藏格矿业股份有限公司 经认真审阅，监事会认为：董事会编制和审议公司《2024 年第三季度报告》 的程序符合法律、行政法规、深圳证券交易所及《公司章程》的相关规定。公司 《2024 年第三季度报告》内容真实、准确、完整地反映了公司 2024 年第三季度 的经营成果和财务状况，不存在任何虚假记载、误导性陈述或者重大遗漏。具体 内容详见公司同日刊登于巨潮资讯网（http://www.cninfo.com.cn）上的《2024 年 第三季度报告》。 表决结果：同意 3 票，反对 0 票，弃权 0 票。 三、备查文件 第九届监事会第十二次（临时）会议决议。 特此公告。 第九届监事会第十二次（临时）会议决议公告 本公司及监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。 一、监事会会议召开情况 藏格矿业股份有限公司（以下简称"公司"）第九届监事会第十二次（临时） 会议通知及会议议案材料于 2024 年 10 月 21 日以邮件、电子通讯等方式送达第 九届监事会全体监事和其他列席人员。会议采取现场结合通讯方式于 2 ...

藏格矿业股份有限公司（以下简称"公司"）于 2024 年 10 月 26 日在巨潮资 讯网（http://www.cninfo.com.cn）披露了《2024 年第三季度报告》。 为便于广大投资者进一步了解公司 2024 年前三季度经营情况，公司定于 2024 年 10 月 27 日（星期日）下午 3:00 至 5:00 在"藏格矿业投资者关系"小程 序举行 2024 年第三季度网上业绩说明会。 本次网上业绩说明会将采用网络远程的方式举行，投资者可登录"藏格矿业 投资者关系"小程序参与互动交流。为广泛听取投资者的意见和建议，公司提前 向投资者征集问题，提问通道自发出公告之日起开放。 证券代码：000408 证券简称：藏格矿业 公告编号：2024-074 藏格矿业股份有限公司 关于召开2024年第三季度网上业绩说明会的公告 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。 特此公告。 藏格矿业股份有限公司董事会 2024年10月26日 参与方式一：在微信小程序中搜索"藏格矿业投资者关系"； 2 参与方式二：微信扫一扫以下二维码： 投资者依据提示，授权登录"藏格矿业投 ...

证券代码：000408 证券简称：藏格矿业 公告编号：2024-070 特此公告。 藏格矿业股份有限公司董事会 2024年10月15日 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"）于2024年4月16日披露了《关于 实际控制人被采取强制措施的公告》（公告编号：2024-025），公司实际控制人肖 永明先生被自贡市公安局采取监视居住措施，涉及事项与公司无关，对公司日常 生产经营不构成影响。 近日，公司收到实际控制人肖永明先生家属的通知，自贡市公安局已解除对 肖永明先生的监视居住措施。 公司指定信息披露媒体为《中国证券报》《上海证券报》《证券时报》《证券 日报》和巨潮资讯网（http://www.cninfo.com.cn），公司所有信息均以上述指定媒 体刊登的公告为准。敬请广大投资者理性投资，注意投资风险。 藏格矿业股份有限公司 关于实际控制人解除监视居住的公告 1 ...

关于国能矿业39%股权完成工商变更登记的公告 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。 一、交易概述 2023 年 11 月 9 日、2024 年 9 月 27 日，藏格矿业股份有限公司（以下简称 "公司"）全资子公司藏格矿业投资（成都）有限公司参与投资的西藏藏青新能源 产业发展基金合伙企业（有限合伙）（以下简称"西藏藏青基金"）分别与西藏金 泰工贸有限责任公司、宁波东义永睿创业投资合伙企业（有限合伙）签署了《关 于西藏国能矿业发展有限公司 34%股权之股权转让协议》《关于西藏国能矿业发 展有限公司 5%股权之股权转让协议》，西藏藏青基金分别以现金 40.8 亿元人民 币、6 亿元人民币购买前述主体持有的西藏国能矿业发展有限公司（以下简称"国 能矿业"）合计 39%的股权。具体内容详见公司在巨潮资讯网（http://www.cninfo. com.cn）披露的《关于产业发展基金收购国能矿业股权的进展公告》（公告编号： 2023-060）、《关于产业发展基金收购国能矿业股权的进展公告》（公告编号：202 4-066）。 证券代码：000408 证券简称：藏格 ...

Investment Rating - The report maintains a "Recommended" rating for the company [3]. Core Views - The company is driven by three main businesses: potassium, lithium, and copper, which are all expanding significantly and contributing to long-term growth potential [2][20]. - The potassium business is positioned as the second-largest producer in China, with stable production and a new expansion project in Laos that will double its capacity [2][40]. - The lithium segment benefits from a cost advantage in salt lake lithium extraction, with future capacity expected to reach 89,000 tons [2][22]. - The copper segment, through its stake in Jilong Copper, is projected to have a significant increase in production capacity, reaching 185,000 tons [2][34]. - The company emphasizes shareholder returns with a high dividend policy, maintaining a cash dividend ratio of 80% in 2022 and 73% in 2023 [2][34]. Summary by Sections Potassium Business - The company is the second-largest potassium producer in China, with a stable production of around 1 million tons and plans to expand capacity in Laos to 2 million tons per year [2][40]. - The potassium market is supported by limited downside in prices due to geopolitical factors affecting supply and high import dependency in China [2][40]. Lithium Business - The company has established a significant lithium extraction capacity of 10,000 tons and plans to expand to 89,000 tons through various projects [2][22]. - The cost of lithium production is projected to be 41,000 yuan per ton, placing it on the lower end of the global cost curve [2][22]. Copper Business - The company holds a 30.78% stake in Jilong Copper, which is expected to increase its copper production capacity to 185,000 tons after the completion of expansion projects [2][34]. - Jilong Copper achieved a production of 81,000 tons and a net profit of 2.78 billion yuan in the first half of 2024 [2][34]. Financial Forecasts - The company forecasts net profits of 2.43 billion yuan in 2024, 2.48 billion yuan in 2025, and 4.36 billion yuan in 2026, with corresponding PE ratios of 17, 16, and 9 [3][34]. - The report highlights a significant drop in revenue and net profit in 2024H1 due to falling prices of lithium and potassium, with a year-on-year revenue decline of 37% [2][31]. Shareholder Returns - The company has maintained a high dividend payout ratio, with a cash dividend ratio of 31.5% in 2024H1 and a low debt-to-asset ratio of 5.2% [2][34].

《钾盐矿储量证》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。 证券代码：000408 证券简称：藏格矿业 公告编号：2024-068 藏格矿业股份有限公司 关于老挝子公司获批《钾盐矿勘探报告》及 藏格矿业股份有限公司董事会 2024 年 10 月 10 日 1 近日，藏格矿业股份有限公司（以下简称"公司"）子公司藏格矿业（老挝） 发展有限公司（以下简称"藏格老挝发展"）取得由老挝地质司颁布的《塞塔尼县 和巴俄县 199.28 平方公里钾盐矿勘探报告的批准证书》和老挝能源矿产部矿产储 量评价和认证委员会颁布的《藏格矿业（老挝）发展有限公司在老挝万象塞塔尼 县和巴俄县区 157.72 平方公里钾盐矿储量证》（以下简称《钾盐矿储量证》）。根 据《钾盐矿储量证》，藏格老挝发展在老挝塞塔尼县和巴俄县区 157.72 平方公里 钾盐范围内，氯化钾资源量约为 9.84 亿吨。 本次老挝钾盐矿项目获批《钾盐矿勘探报告》《钾盐矿储量证》，有利于公司 加快推进 5 年（2022-2027 年）发展战略规划，有利于公司不断增大钾矿资源储 备，不断提高钾肥生产产能，有利于适应 ...

藏格矿业股份有限公司 关于股份回购进展情况的公告 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。 证券代码：000408 证券简称：藏格矿业 公告编号：2024-067 1、公司未在下列期间回购公司股份： （1）自可能对本公司证券及其衍生品种交易价格产生重大影响的重大事项 发生之日或者在决策过程中，至依法披露之日内； 藏格矿业股份有限公司（以下简称"公司"）于 2024 年 8 月 9 日召开第九届 董事会第十四次会议，2024 年 8 月 26 日召开 2024 年第一次临时股东大会，审议 通过了《关于回购公司股份方案的议案》。公司以 1.5 亿元（含）—3 亿元（含） 自有资金、以回购价格不超过 35.90 元/股（含）回购公司股份用于注销并减少注 册资本。本次回购股份的实施期限为自股东大会审议通过本次回购股份方案之日 起 12 个月内。公司因实施 2024 年半年度权益分派，回购价格由不超过 35.90 元/ 股（含）调整为 35.64 元/股（含）。具体内容详见公司在巨潮资讯网（http://www. cninfo.com.cn）披露的《关于回购公司股份 ...

藏格矿业股份有限公司 关于产业发展基金收购国能矿业股权的进展公告 证券代码：000408 证券简称：藏格矿业 公告编号：2024-066 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。 二、对外投资进展 近日，公司收到藏青基金通知，其子基金西藏藏青基金与东义永睿于 2024 年 9 月 27 日签署了《关于西藏国能矿业发展有限公司 5%股权之股权转让协议》（以 下简称《股权转让协议》），西藏藏青基金需分两期将交易价款 6 亿元人民币以现 金方式进行支付，交割完成后西藏藏青基金将合计持有国能矿业 39%的股权。截 至本公告披露日，西藏藏青基金已按照《股权转让协议》支付完成第一期 2 亿元 人民币的交易价款。 本次产业发展基金对外投资不构成关联交易，亦不构成《上市公司重大资产 重组管理办法》规定的重大资产重组。根据《深圳证券交易所股票上市规则》《公 司章程》等有关规定，本次产业发展基金对外投资无需提交公司董事会和股东大 会批准。具体情况如下： （一）交易对方的基本情况 1、公司名称：宁波东义永睿创业投资合伙企业（有限合伙） 一、对外投资概况 2023 年 3 月 7 ...

Group 1: Lithium Production and Inventory - As of the end of Q2, lithium carbonate inventory is over 400 tons, and there is no national reserve for lithium carbonate [1] - The production cost of lithium from the Mami Co project is approximately 31,000 RMB/ton, benefiting from higher lithium brine quality compared to the Chaqia Lake project [2] Group 2: Resource Reserves and Production Capacity - The Jiezhe Chaka salt lake has proven lithium chloride reserves of approximately 2.3069 million tons with an average grade of 1,173 mg/L, planning to develop a project with an annual capacity of 30,000 tons of battery-grade lithium carbonate and 30,000 tons of lithium hydroxide [2] - The Longmucuo salt lake covers an area of about 101 square kilometers, with lithium chloride reserves of approximately 2.1695 million tons and an average grade of 793.66 mg/L, planning to develop a project with an annual capacity of 70,000 tons of lithium carbonate [2] Group 3: Strategic Investments and Acquisitions - The company is focused on high-growth potential minerals and actively seeks quality resources for mergers and acquisitions, considering investments when suitable opportunities arise [2] - The transaction process for acquiring 34% equity in Tibet Guoneng Mining Co., Ltd. is progressing smoothly, with the second payment completed and further payments contingent on shareholder resolutions and other prerequisites [2]