证券代码：000792 证券简称：盐湖股份 公告编号：2025-055 青海盐湖工业股份有限公司 关于4万吨/年基础锂盐一体化项目投料试车的公告 为落实青海盐湖工业股份有限公司（以下简称"公司"）"十四五"生态盐湖产业发展规划中"扩大锂"战略 部署，公司此前启动投资建设4万吨/年基础锂盐一体化项目（具体详见《关于投资新建4万吨/年基础锂 盐一体化项目的公告》，2022-038）。截至本公告披露日，该项目已基本建成，关键装置吸附提锂装置 试车产出合格液，纳滤反渗透系统完成膜安装及水联动，沉锂及公辅工程完成核心设备单机试车，正式 进入投料试车阶段并产出合格的电池级碳酸锂产品。 4万吨/年基础锂盐一体化项目投料试车，将进一步提升公司锂盐产能规模，增强公司锂盐产品市场竞争 力、盈利能力和抗风险能力，为公司生态盐湖产业高质量发展提供核心支撑，为盐湖可持续发展注入了 强劲动力。 特此公告。 青海盐湖工业股份有限公司董事会 2025年9月29日 ■ ...

每经记者｜胥帅 每经编辑｜陈柯名 又一大型盐湖提锂项目的新增产能已建成，这一次是巨头盐湖股份（000792.SZ，股价19.59元，市值1036.62亿元）。 9月28日晚间，盐湖股份公告了这一消息，新项目的锂盐产能达到4万吨/年，公司产能也将变为8万吨/年。今年上半年，国内锂盐市场竞争加剧，在此情 况下公司还能实现接近50%的毛利率。据了解，盐湖股份的锂盐新项目成本会低于现有产能。 新项目成本会低于现有产能 9月28日晚间，盐湖股份公告称，公司此前启动投资建设4万吨/年基础锂盐一体化项目已基本建成，关键装置吸附提锂装置试车产出合格液，纳滤反渗透 系统完成膜安装及水联动，沉锂及公辅工程完成核心设备单机试车，进入投料试车阶段并产出合格的电池级碳酸锂产品。 盐湖股份表示，4万吨/年基础锂盐一体化项目投料试车，将进一步提升公司锂盐产能规模，增强公司锂盐产品市场竞争力、盈利能力和抗风险能力。在公 告披露之前，就有盐湖股份供应商在朋友圈晒出盐湖股份的投产仪式。投产仪式选在了盐湖股份提锂地——察尔汗盐湖，天气也是艳阳高照。该项目最早 的公告时间是2022年5月底，公告时的总投资70.8亿元，建设周期为24个月。按此推算， ...

Investment Rating - Industry investment rating: Overweight [1] Core Views - The chemical sector's overall performance ranked 17th this week, with a decline of 0.95%, underperforming the Shanghai Composite Index by 1.16 percentage points and the ChiNext Index by 2.91 percentage points [4][22] - The chemical industry is expected to continue its trend of differentiated growth in 2025, with recommendations to focus on synthetic biology, pesticides, chromatography media, sweeteners, vitamins, light hydrocarbon chemicals, COC polymers, and MDI [4] Summary by Sections Industry Performance - The chemical sector's performance this week was -0.95%, ranking it 17th among all sectors, while the top three performing sectors were power equipment, non-ferrous metals, and electronics [22][23] - The top three individual stocks in the chemical sector this week were Bluefeng Biochemical (61.16%), Shangwei New Materials (44.81%), and Huarsoft Technology (31.83%) [28] Key Industry Dynamics - A new plan for stable growth in the petrochemical industry was released by seven departments, aiming for an average annual growth of over 5% in value added from 2025 to 2026 [34] - The plan emphasizes the importance of technological innovation, digital empowerment, and environmental sustainability in the petrochemical sector [34] Investment Opportunities - Synthetic biology is highlighted as a key area for growth, with companies like Kasei Biotech and Huaheng Biological being recommended for investment [4][8] - The third-generation refrigerants are expected to enter a high prosperity cycle due to upcoming quota policies and stable demand growth from the air conditioning and cold chain markets [5] - The electronic specialty gases market presents significant domestic substitution opportunities, driven by rapid upgrades in the semiconductor and photovoltaic industries [6][8] - Light hydrocarbon chemicals are identified as a global trend, with a shift towards lighter raw materials expected to enhance the value of leading companies in this sector [8] - The COC polymer industry is accelerating its domestic industrialization process, with companies like AkzoNobel being recommended for attention [9] - Potash fertilizer prices are anticipated to rebound as supply tightens and demand increases due to rising agricultural planting intentions [10] - The MDI market is expected to improve due to oligopolistic supply dynamics and stable demand from polyurethane applications [12]

Investment Rating - The report maintains a "Positive" rating for the chemical industry [5][6][20] Core Insights - The petrochemical industry is expected to see stable growth due to the introduction of policies aimed at enhancing industry health and eliminating outdated capacity [5][6] - The demand for viscose filament is anticipated to tighten, leading to an upward trend in prices, while the grass herbicide market is expected to optimize its structure [5][6] - The global GDP growth is projected to remain at 2.8%, with stable oil demand despite some slowdown due to tariff policies [5][6] Industry Dynamics - Oil supply is expected to increase significantly, driven by non-OPEC production, while demand remains stable [5][6] - The coal market is anticipated to experience long-term price stabilization, with easing pressures on downstream sectors [5][6] - Natural gas exports from the U.S. are likely to accelerate, potentially lowering import costs [5][6] Chemical Sector Analysis - The report highlights that the viscose filament industry will see a supply-demand tightening, with a projected increase in operating rates from 84% to over 95% [5][6] - The grass herbicide market is set to address issues of low pricing and quality through upcoming industry meetings aimed at regulating competition [5][6] Investment Recommendations - The report suggests focusing on sectors benefiting from the "anti-involution" policy, including textiles, agriculture, and export-related chemicals [5][6] - Specific companies to watch include Xinxiang Chemical Fiber, Jilin Chemical Fiber, and Lier Chemical, which are expected to benefit from market dynamics [5][6][20] Key Company Valuations - The report provides a valuation table for key companies, indicating various ratings such as "Buy" and "Increase" for companies like Hailir Chemical, Yunnan Chemical, and Wanhu Chemical [20]

新大正：拟收购嘉信立恒75.15%股权，拓展业务辐射范围。 博迁新材：签订战略合作协议，估算销售镍粉产品43亿至50亿元。 众鑫股份：美国商务部对原产自中国、越南热成型模塑纤维产品作出"双反"调查终裁，预计对中国纸浆 模塑生产企业造成较大冲击。 9月28日晚间上市公司公告精选： *ST天茂：公司股票将于2025年9月30日摘牌。 多瑞医药：筹划控制权变更事项，29日起停牌。 中环环保：筹划控制权变更事项，29日起停牌。 亿道信息：筹划购买朗国科技及成为信息控股权，29日起停牌。 智光电气：筹划购买控股子公司智光储能少数股权，29日起停牌。 冠中生态：控股股东拟变更为深蓝财鲸，29日复牌；公司拟收购杭州精算家51%股权。 新光光电：董事长、总经理康为民被实施留置措施。 盐湖股份：4万吨/年基础锂盐一体化项目投料试车。 联合精密：两名实控人拟合计减持公司不超3%股份。 科力尔：实控人之一、董事长聂鹏举拟减持公司不超2%股份。 金海通：旭诺投资拟减持公司不超3%股份。 井松智能：安元投资拟减持公司不超2.68%股份。 长信科技：新疆润丰拟减持公司不超2.6%股份。 威腾电气：镇江国控、绿洲新城拟合计减持公司不超2% ...

关于 4 万吨/年基础锂盐一体化项目投料试车的公告 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。 为落实青海盐湖工业股份有限公司（以下简称"公司"）"十四五"生态 盐湖产业发展规划中"扩大锂"战略部署，公司此前启动投资建设 4 万吨/年基 础锂盐一体化项目（具体详见《关于投资新建 4 万吨/年基础锂盐一体化项目的 公告》，2022-038）。截至本公告披露日，该项目已基本建成，关键装置吸附提 锂装置试车产出合格液，纳滤反渗透系统完成膜安装及水联动，沉锂及公辅工程 完成核心设备单机试车，正式进入投料试车阶段并产出合格的电池级碳酸锂产品。 证券代码：000792 证券简称：盐湖股份 公告编号：2025-055 青海盐湖工业股份有限公司 青海盐湖工业股份有限公司董事会 2025 年 9 月 29 日 4 万吨/年基础锂盐一体化项目投料试车，将进一步提升公司锂盐产能规模， 增强公司锂盐产品市场竞争力、盈利能力和抗风险能力，为公司生态盐湖产业高 质量发展提供核心支撑，为盐湖可持续发展注入了强劲动力。 特此公告。 ...

格隆汇9月28日丨盐湖股份(000792.SZ)公布，为落实青海盐湖工业股份有限公司"十四五"生态盐湖产业 发展规划中"扩大锂"战略部署，公司此前启动投资建设4万吨/年基础锂盐一体化项目（具体详见《关于 投资新建4万吨/年基础锂盐一体化项目的公告》，2022-038）。截至本公告披露日，该项目已基本建 成，关键装置吸附提锂装置试车产出合格液，纳滤反渗透系统完成膜安装及水联动，沉锂及公辅工程完 成核心设备单机试车，正式进入投料试车阶段并产出合格的电池级碳酸锂产品。4万吨/年基础锂盐一体 化项目投料试车，将进一步提升公司锂盐产能规模，增强公司锂盐产品市场竞争力、盈利能力和抗风险 能力，为公司生态盐湖产业高质量发展提供核心支撑，为盐湖可持续发展注入了强劲动力。 ...

格隆汇9月28日丨盐湖股份(000792.SZ)公布，为落实青海盐湖工业股份有限公司"十四五"生态盐湖产业 发展规划中"扩大锂"战略部署，公司此前启动投资建设4万吨/年基础锂盐一体化项目（具体详见《关于 投资新建4万吨/年基础锂盐一体化项目的公告》，2022-038）。截至本公告披露日，该项目已基本建 成，关键装置吸附提锂装置试车产出合格液，纳滤反渗透系统完成膜安装及水联动，沉锂及公辅工程完 成核心设备单机试车，正式进入投料试车阶段并产出合格的电池级碳酸锂产品。4万吨/年基础锂盐一体 化项目投料试车，将进一步提升公司锂盐产能规模，增强公司锂盐产品市场竞争力、盈利能力和抗风险 能力，为公司生态盐湖产业高质量发展提供核心支撑，为盐湖可持续发展注入了强劲动力。 ...

每到旅游旺季，青海的茶卡盐湖和察尔汗盐湖，五彩斑斓、低平如镜的湖水中，就站满了来拍照打卡的游人。 如果你去青海旅游，察尔汗盐湖和茶卡盐湖几乎是必去的景点。 青海有150多个大大小小的盐湖，国内最大的三个盐湖，都在青海。 除了让无数人领略到别样的美景之外，盐湖经济经过几十年的发展，如今也成为了青海的支柱产业。 更为重要的是，盐湖的存在还能直接影响到粮食安全。 01 青海的盐够全世界吃2000年 青海的茶卡盐湖是最早成为"网红"旅游地的盐湖 很多人可能不知道，这个被人称为中国"天空之镜"的旅游胜地，其实是个名副其实的"富矿"。 毫不夸张地说，青海这些盐湖里的盐，足够全世界80亿人吃2000年还有富余。 咱们就拿名气最大的茶卡盐湖和察尔汗盐湖简单说说。 茶卡盐湖面积100多平方公里，是最早开发、也是名气最大的一个。 名气大是因为在2000年左右，来自城市里的旅游者发现，这片地方的景色跟大名鼎鼎的"天空之镜"（位于玻利维亚的乌尤尼盐沼）不相上下。 慕名而来的游客越来越多，当地才在茶卡盐湖开辟了一块区域发展旅游，给当地居民带来收入。 青海大柴旦盐湖，湖水因为所含矿物不同呈现不同的颜色 在茶卡盐湖没成"网红"之前，这里其 ...

Group 1: Rare Metal ETF Performance - The Rare Metal ETF has a turnover rate of 3.51% and a transaction volume of 87.15 million yuan [3] - As of September 25, the ETF has seen an average daily transaction volume of 208 million yuan over the past month, ranking first among comparable funds [3] - The ETF's scale has increased by 247 million yuan this month, also ranking first among comparable funds [3] - The ETF's shares have grown by 43.5 million shares this month, achieving significant growth and ranking first among comparable funds [3] - Over the past 19 trading days, the ETF has experienced net inflows on 10 days, totaling 423 million yuan [3] - The ETF's net value has increased by 79.68% over the past year [3] - The highest monthly return since inception is 24.02%, with the longest consecutive monthly gains being 4 months and a maximum increase of 58.56% [3] - The average monthly return during rising months is 8.77%, and the ETF has outperformed the benchmark with an annualized return of 5.45% over the past three months [3] Group 2: Silicon Carbide and Rare Metals Market Trends - Silicon carbide prices have risen by 5.7% to 5,600 yuan per ton, reaching a three-month high, while high-purity gallium prices have increased by 1.1% due to recovering demand in the semiconductor sector [4] - The strategic importance of silicon carbide as a core substrate is increasing with its penetration in new energy vehicles, photovoltaic inverters, and 5G base stations [4] - Although short-term price fluctuations are influenced by production capacity release, the long-term outlook for the silicon carbide industry remains positive due to accelerated domestic substitution and increased downstream application [4] - Prices of tungsten and praseodymium-neodymium oxide are also at high levels, indicating a continued structural tightness in resource supply [4] Group 3: Top Holdings in Rare Metal Index - As of August 29, 2025, the top ten weighted stocks in the China Rare Metal Theme Index include Northern Rare Earth, Luoyang Molybdenum, Salt Lake Industry, Huayou Cobalt, Tianqi Lithium, Ganfeng Lithium, China Rare Earth, Shenghe Resources, Zhongjin Resources, and Xiamen Tungsten, collectively accounting for 57.58% of the index [4]