Core Viewpoint - The supervisory board of Cangge Mining Co., Ltd. has approved the company's second employee stock ownership plan, emphasizing its legality and alignment with relevant regulations [1][2][3] Group 1: Legal Compliance - The supervisory board reviewed the employee stock ownership plan in accordance with the "Guiding Opinions on the Implementation of Employee Stock Ownership Plans by Listed Companies" and other relevant regulations [2] - The plan was found to be legally valid and does not involve any prohibited circumstances as outlined in the regulations [2][3] - There are no forced participation or financial assistance arrangements for employees involved in the plan [2] Group 2: Benefits of the Plan - The implementation of the second employee stock ownership plan is expected to enhance the profit-sharing mechanism between workers and owners, improving corporate governance [3] - It aims to boost employee cohesion and company competitiveness, thereby motivating employees and retaining top management and key personnel [3] - The plan is positioned as a strategy for the sustainable development of the company [3] Group 3: Next Steps - The relevant matters of the employee stock ownership plan will be submitted for review at the company's 2024 annual general meeting [3]

Meeting Overview - The 13th meeting of the 9th Supervisory Board of the company was held on March 28, 2025, in Chengdu, with all three supervisors present, ensuring compliance with relevant laws and regulations [1][2]. Resolutions Passed - The Supervisory Board approved the 2024 Annual Report and its summary, confirming that the report accurately reflects the company's operational and financial status without any misleading statements [1][2]. - The 2024 Annual Supervisory Board Work Report was also approved, highlighting the board's independent oversight of the company's financial and operational activities throughout the year [2][3]. - The 2024 Financial Settlement Report was approved, indicating that it accurately represents the company's financial condition and operational results [3][4]. - The 2025 Financial Budget Plan was approved, deemed reasonable and feasible based on the analysis of the previous year's performance and market conditions [4][5]. - The proposal for the 2024 Profit Distribution Plan was approved, stating that no profit distribution will occur due to the current financial situation and market environment [5][6]. - The 2024 Internal Control Evaluation Report was approved, confirming the effectiveness of the company's internal control system [6][7]. - The confirmation of 2024 Daily Related Transactions and the forecast for 2025 were approved, ensuring compliance with market rules and protecting shareholder interests [7][8]. - The proposal for using idle funds for entrusted financial management was approved, allowing the company to invest up to 1.5 billion RMB in financial products [8][9]. - The reappointment of the auditing firm for 2025 was approved, ensuring the firm meets the company's auditing requirements [9]. - The second employee stock ownership plan draft was approved, aimed at enhancing corporate governance and employee motivation [9][10]. - The management measures for the second employee stock ownership plan were approved, confirming compliance with relevant laws and regulations [10][11]. - The verification of the list of participants in the second employee stock ownership plan was approved, ensuring all participants meet the necessary criteria [11].

Meeting Information - The company will hold its 2024 Annual General Meeting on April 18, 2025, at 2:30 PM [1] - Shareholders can participate through on-site voting or online voting via the Shenzhen Stock Exchange [1][5] - The online voting will be available on the same day from 9:15 AM to 9:25 AM, 9:30 AM to 11:30 AM, and 1:00 PM to 3:00 PM [1] Shareholder Rights - All shareholders registered by April 14, 2025, at 3:00 PM are entitled to attend the meeting and vote [2] - Shareholders can appoint proxies to attend and vote on their behalf, and the proxy does not need to be a shareholder [2] Agenda Items - The meeting will review several proposals, including the performance assessment and bonus confirmation for directors and supervisors, as well as the employee stock ownership plan [2][3] - Independent directors will present their reports during the meeting [2] Voting Procedures - Voting will be conducted through both on-site and online methods, with specific instructions provided for each [5] - For online voting, shareholders must follow the designated procedures to ensure their votes are counted [5] Documentation - Relevant documents, including the authorization letter and voting procedures, are available for shareholders [5][6]

Group 1 - The company will not distribute profits for the fiscal year 2024, meaning no cash dividends, stock bonuses, or capital reserve transfers will be implemented [1][5][6] - The decision was made considering the company's financial status, market environment, and future development strategy, aiming to support ongoing projects and ensure stable growth [1][6] - The retained earnings at the end of 2024 will amount to approximately RMB 9.68 billion for the consolidated report and RMB 6.67 billion for the parent company report [1][3] Group 2 - In 2024, the company distributed cash dividends totaling RMB 408.33 million, which is 21.68% of the net profit attributable to shareholders [2][3] - Over the past three years, the total cash dividends distributed amounted to approximately RMB 7.88 billion, meeting regulatory requirements for cash distribution [3][5] - The company plans to use the retained earnings for project construction and resource reserves to support its long-term development strategy [6][7] Group 3 - The company will provide a voting mechanism for shareholders, including small shareholders, to participate in the decision-making process regarding the profit distribution plan [6][7] - The company aims to enhance investor returns by improving operational efficiency and balancing performance growth with shareholder returns [6][7] - The profit distribution plan is subject to approval at the annual shareholders' meeting, indicating a level of uncertainty [7]

Financial Performance - In 2023, the company achieved a revenue of 3.251 billion CNY and a net profit of 2.580 billion CNY, with an operating cash flow of 919 million CNY[3]. - The company's total revenue for 2023 reached 32.5 billion RMB, with quarterly breakdowns of 6.1 billion in Q1, 11.5 billion in Q2, 5.6 billion in Q3, and 9.3 billion in Q4[11]. - The net profit attributable to shareholders for 2023 was 25.8 billion RMB, reflecting a year-on-year increase of 65%[11]. - The company's operating revenue for 2024 was approximately ¥3.25 billion, a decrease of 37.79% compared to ¥5.23 billion in 2023[33]. - The net profit attributable to shareholders for 2024 was approximately ¥2.58 billion, down 24.56% from ¥3.42 billion in 2023[33]. - The net profit after deducting non-recurring gains and losses for 2024 was approximately ¥2.55 billion, a decline of 28.76% from ¥3.58 billion in 2023[33]. - The company's total assets reached 15.083 billion yuan, an increase of 7.04% from the beginning of the year[94]. - The company reported a net cash outflow from investment activities of ¥31,444,514.04, a 97.76% improvement compared to a net outflow of ¥1,406,779,695.00 in 2023[122]. Production and Sales - Potassium chloride production and sales volume for 2023 were 102,000 tons, with a production completion rate of 32%[11]. - Lithium carbonate sales volume for 2023 was 1.03 million tons, with a projected increase to 1.36 million tons in 2024[11]. - The company produced 1.073 million tons of potassium chloride, achieving a completion rate of 102.19% against the production target of 1.05 million tons[96]. - The revenue from potassium chloride was approximately 2.21 billion yuan, accounting for 67.99% of total revenue, while lithium carbonate revenue was about 1.02 billion yuan, representing 31.43% of total revenue, with a year-on-year decline of 48.40%[108]. - Lithium carbonate production decreased by 4.12% year-over-year to 11,566 tons, contributing to a significant reduction in inventory by 89.48%[112]. Resource Development - The company has a potassium salt resource reserve of approximately 984 million tons in the Ba Russia mining area, marking a significant expansion in growth potential[4]. - The company is positioned to become a leader in the global lithium extraction field, with ongoing projects in Qinghai and Tibet[6]. - The company holds significant potassium and lithium mineral resources, with a potassium resource of approximately 984 million tons in Laos and lithium resources of about 2.17 million tons of lithium carbonate equivalent in the Ma Mi Cuo salt lake[85]. - The company has focused on the development and utilization of strategic mineral resources, particularly potassium and lithium salts, which are essential for agriculture and new energy vehicles[41]. Investment and Shareholder Value - The company has implemented a share buyback program, utilizing approximately 300 million CNY to repurchase 10.21 million shares, enhancing shareholder value[7]. - The company has initiated a carbon inventory project and is actively promoting green mining initiatives, contributing 1.8739 million yuan to social responsibility projects in 2024[105]. - The total cash dividend for 2024 is approximately 408 million yuan (including tax), with cumulative cash dividends from 2022 to 2024 reaching 7.429 billion yuan[166]. Market Position and Strategy - The company aims to align its economic indicators with global first-class mining companies in its new five-year development plan[9]. - The company aims to strengthen its global competitiveness and fulfill social responsibilities while participating in national strategies[10]. - The company aims to achieve a global leading mining group status by 2027, focusing on resource expansion and project development[141]. - The company is committed to sustainable development and aims to be a leader in green development[162]. Technological Innovation - The company emphasizes technological innovation and has a dedicated R&D team with 27 experienced personnel[81]. - The company has filed 15 patents related to lithium extraction technology, with 3 already granted and 12 under review[81]. - The company has achieved a cost advantage in lithium production through advanced extraction techniques, significantly reducing production costs compared to traditional methods[90]. Governance and Management - The company has strengthened its internal management and control system to enhance governance and protect the rights of minority shareholders[164]. - The board of directors consists of 9 members, including 3 independent directors, ensuring a fair and scientific decision-making process[169]. - The company has established a strong governance structure with a supervisory board led by Ms. Shao Jing, who is also the financial director of a shareholder unit[194]. Risks and Challenges - The management has outlined potential risks facing the company in its future operations, which investors should be aware of[20]. - The company faces external risks including geopolitical tensions and commodity price fluctuations, which may impact mining operations and profitability[151]. - The company is under operational pressure due to high global mining costs, labor shortages, and increased ESG compliance costs[152].

第九届董事会第十八次（临时）会议决议公告 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、董事会会议召开情况 藏格矿业股份有限公司（以下简称"公司"）第九届董事会第十八次（临时）会 议通知及会议议案资料于 2025 年 3 月 4 日以邮件、电子通讯等方式送达第九届董 事会全体董事和列席人员。会议采取现场结合通讯方式于 2025 年 3 月 7 日在青海 省格尔木市昆仑南路 15-02 号 14 楼会议室召开。会议应到董事 9 名，实到董事 9 名。会议由董事长肖宁先生主持，全部董事均采取通讯方式参加会议。公司全体监 事、部分高级管理人员列席了会议。本次会议召集召开符合《公司法》及《公司章 程》的有关规定，会议合法、有效。 证券代码：000408 证券简称：藏格矿业 公告编号：2025-011 藏格矿业股份有限公司 名称：藏格矿业国际私人投资有限公司）（以下简称"藏格国际"）计划向华侨银行 有限公司办理总额不超过 4,000 万美元或等值货币的融资业务，融资所得资金将用 于藏格国际及其子公司生产经营活动使用。此次融资金额不超过 4,000 万美元，融 资产品 ...

藏格矿业股份有限公司 关于回购股份注销完成暨股份变动的公告 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：2025-010 特别提示： 1、藏格矿业股份有限公司（以下简称"公司"）本次回购注销股份 10,209,32 8 股，占注销前公司总股本的 0.646%。本次回购股份注销完成后，公司总股本由 1,580,435,073 股减少至 1,570,225,745 股。 2、经中国证券登记结算有限责任公司深圳分公司确认，公司已于 2025 年 2 月 28 日办理完成此次回购的 10,209,328 股股份的注销手续。 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 ...

证券代码：000408 证券简称：藏格矿业 公告编号：2025-009 藏格矿业股份有限公司 1 2、股份回购实施期间，公司按照相关规定，在每个月的前三个交易日内披露了 截至上月末的回购股份进展情况。具体内容详见公司于 2024 年 9 月 4 日、2024 年 10 月 9 日、2024 年 11 月 5 日、2024 年 12 月 3 日、2025 年 1 月 3 日及 2025 年 2 月 7 日在巨潮资讯网（http://www.cninfo.com.cn）披露的《关于股份回购进展情况的公 告》（公告编号：2024-063、2024-067、2024-075、2024-077、2025-001、2025-008）。 3、本次股份回购实际回购时间区间为 2024 年 9 月 6 日至 2025 年 2 月 24 日。 截至本公告披露日，公司通过回购专用证券账户以集中竞价交易方式累计回购公司 股份数量为 10,209,328 股，占公司总股本的 0.646%，最高成交价为 33.80 元/股，最 低成交价为 22.65 元/股，成交总金额为 299,968,245.71 元（不含交易费用）。 回购股份资金 ...

证券代码：000408 证券简称：藏格矿业 公告编号：2025-008 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。 截至 2025 年 1 月 31 日，公司累计通过股份回购专用证券账户以集中竞价交 易方式回购公司股份 5,688,528 股，占公司总股本的 0.36%，最高成交价为 30.51 元/股，最低成交价为 22.65 元/股，成交总金额为 150,925,185.73 元（不含交易费 用）。 上述回购符合公司回购股份方案及相关法律法规的要求。 二、其他事项 1 公司回购股份的时间、回购股份价格及集中竞价交易的委托时段等均符合 《深圳证券交易所上市公司自律监管指引第 9 号——回购股份》的相关规定，具 体说明如下： 1、公司未在下列期间回购公司股份： 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 ...