Core Viewpoint - The article highlights the strategic investment by Dazhong Mining in the lithium battery new materials sector, indicating a significant expansion in the company's capabilities and market position within the renewable energy industry [2][3]. Group 1: Event Details - The 2025 Fifth Start Point Two-Wheeled Vehicle Battery Swap Conference and Lightweight Power Battery Technology Summit will take place on July 10-11, 2025, at the Shenzhen Baoan Duxi Road International Hotel [2][4]. Group 2: Company Investment - Dazhong Mining announced an investment agreement to build a "3000 tons per year metal lithium battery new materials project" in Linwu County, with a total investment of 1 billion yuan [2]. - The project will be executed in three phases: - Phase 1 focuses on research and development, expected to complete by 2025 [2]. - Phase 2 involves constructing a production line with an annual capacity of 1000 tons, anticipated to start in April 2026 and be operational by the end of 2027 [2]. - Phase 3 aims to expand production with an additional 2000 tons capacity, scheduled to begin in June 2027 and complete by the end of 2028 [2]. Group 3: Company Performance - Dazhong Mining currently holds 3.24 million tons of lithium carbonate equivalent and has established a complete industrial chain in lithium mining and processing [3]. - In Q1 2025, the company reported a total revenue of 925 million yuan and a net profit of 225 million yuan, showcasing strong performance [3].

大中矿业股份有限公司（以下简称"公司"）于 2025 年 4 月 28 日召开第六 届董事会第十二次会议及第六届监事会第七次会议审议通过了《关于回购公司股 份方案的议案》，同意公司使用自有资金及股票回购专项贷款资金以集中竞价交 易方式回购公司股份，回购的股份将用于公司发行的可转换公司债券转股或用于 员工持股计划、股权激励。回购的资金总额不低于人民币 20,000 万元（含）且 不超过人民币 40,000 万元（含）；回购价格不超过人民币 12.72 元/股（含）； 回购股份的期限为自董事会审议通过股份回购方案之日起 12 个月内。具体内容 详见公司于 2025 年 4 月 29 日、2025 年 5 月 8 日在《证券时报》《中国证券报》 《 证 券 日 报 》 《 上 海 证 券 报 》 《 经 济 参 考 报 》 及 巨 潮 资 讯 网 （http://www.cninfo.com.cn）披露的《关于回购公司股份方案的公告》（公告 编号：2025-046）、《回购报告书》（公告编号：2025-051）。 二、调整回购股份价格上限和数量的原因 2025 年 5 月 9 日，公司召开 2024 年年度股东大会 ...

特别提示： | 股票代码：001203 | 股票简称：大中矿业 | | | | --- | --- | --- | --- | | 债券代码：127070 | 债券简称：大中转债 | | | | 大中转债调整前的转股价格：人民币 | 10.96 元/股 | | | | 大中转债调整后的转股价格：人民币 | 10.76 元/股 | | | | 大中转债本次转股价格调整实施日期：2025 | 年 6 | 月 26 | 日 | 一、大中转债转股价格调整依据 | 证券代码：001203 | 证券简称：大中矿业 | 公告编号：2025-073 | | --- | --- | --- | | 债券代码：127070 | 债券简称：大中转债 | | 大中矿业股份有限公司 关于调整"大中转债"转股价格的公告 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。 敬请公司可转换公司债券持有人注意。 特此公告。 大中矿业股份有限公司 大中矿业股份有限公司（以下简称"公司"）于 2022 年 8 月 17 日公开发行 1,520 万张可转换公司债券（债券简称：大中转债，债券代码：1270 ...

大中矿业股份有限公司 2024 年度权益分派实施公告 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。 特别提示： | 证券代码：001203 | 证券简称：大中矿业 | 公告编号：2025-072 | | --- | --- | --- | | 债券代码：127070 | 债券简称：大中转债 | | 1、大中矿业股份有限公司（以下简称"公司"或"本公司"）本次利润分 配方案以公司 2024 年年度权益分派实施时股权登记日的总股本 1,508,021,588 股剔除已回购股份 30,999,594 股后的 1,477,021,994 股为基数，向全体股东每 10 股派 2 元人民币（含税）。 2、自分配方案披露至本公告披露日，公司总股本未发生变化。 3、截至本公告披露日，公司股票回购专用账户中持有的股份为 30,999,594 股，本次 可参 与利 润分配的 总股 本为 1,508,021,588 股-30,999,594 股 =1,477,021,994 股。 4、本次权益分派实施后，按公司总股本折算每股现金分红比例及除权除息 参考价计算如下： 按公司总股本折 ...

Core Insights - The event "Innovation Day" hosted by Anbatao and Gaia in Nanjing showcased 28 new product launches, 4 strategic agreements, 18 technical forums, and 34 industry record recognitions, attracting over 300 industry professionals [1] Group 1: Collaboration and Sustainability - Anbatao and Dazhong Mining are collaborating to create a sustainable mining future, focusing on green mining, smart mining, and responsible mining practices [2] - Dazhong Mining, established in 1999, ranks 13th among the "Top 50 Metallurgical Mining Enterprises in China" in 2023, emphasizing its commitment to sustainable practices through the "Five-Dimensional Mine" concept [2] Group 2: Technological Advancements - Dazhong Mining's General Manager expressed satisfaction with the partnership with Anbatao, highlighting the introduction of energy-efficient equipment and the joint development of battery-powered shovels for underground mining [3] - Anbatao has a long history of innovation in electric mining equipment, having developed its first electric drill 50 years ago and the first underground battery-powered shovel in 2012 [3] Group 3: Local Innovation and Market Adaptation - Anbatao's strategy emphasizes the integration of Swedish innovation culture with China's rapid innovation speed, aiming to provide comprehensive solutions for local customers [4] - The launch of the Gaia GIA Q6i intelligent surface drill, developed by a local team, represents a significant step in supporting high-quality development in China's mining sector [4] Group 4: Intellectual Property Protection - The importance of intellectual property protection for business growth in China is underscored, with Anbatao achieving a significant victory in a trademark infringement case, marking a milestone in its 30-year presence in the Chinese market [5] - The enhanced enforcement of intellectual property rights reflects a positive trend in the business environment, reinforcing Anbatao's commitment to localization and R&D investment [5]

Market Overview - Federal Reserve Chairman Jerome Powell anticipates significant inflationary pressures, overshadowing optimistic sentiments from Trump's comments on Iran negotiations, leading to a slight decline in major U.S. stock indices [1] - The S&P 500 index closed down 0.03%, the Dow Jones down 0.10%, while the Nasdaq rose 0.13% [1] - Technology stocks led the gains in the U.S. market, with banks benefiting from proposed easing of capital regulations on U.S. Treasury transactions [1] - Circle, the first stablecoin company, surged over 34% following the U.S. Senate's passage of a stablecoin regulatory framework [1] Commodity and Financial Markets - Gold prices fell over 1% from intraday highs, while platinum reached an eleven-year high [3] - Oil prices experienced volatility, declining after Trump expressed a desire to avoid U.S. involvement in Middle Eastern conflicts [3] AI and Technology Developments - OpenAI has initiated a price war by discounting its ChatGPT enterprise version, putting Microsoft in a reactive position [4] - Sam Altman, in a recent interview, discussed the potential of AI to discover new sciences and the future prevalence of AI companions and humanoid robots [5] Regulatory and Policy Updates - The Central Financial Committee of China issued opinions to support the development of Shanghai as an international financial center, emphasizing the use of blockchain in supply chain finance [8] - The China Securities Regulatory Commission released guidelines to enhance the inclusivity of the Sci-Tech Innovation Board [8] Industry Insights - Goldman Sachs predicts a boom in China's AI/AR glasses market, projecting sales to reach 7 million units by 2030 [7] - The Ministry of Industry and Information Technology of China aims for over 70% digitalization in key business processes of large textile enterprises by 2027 [9] Stock Market Highlights - Circle's market capitalization reached approximately $44.4 billion (around 320 billion RMB) after a significant price increase [15] - The price of platinum has risen over 60 CNY per gram in the past month, with a nearly 30% increase [16][17] - DRAM prices saw a significant increase, with DDR4 experiencing a 53% rise in May, the largest increase since 2017 [18][19]

Group 1 - Changzheng Co., Ltd. plans to reduce its stake in Weilan Lithium by up to 593.86 million shares, accounting for 0.52% of the total share capital [1] - The reduction is aimed at meeting the shareholder's funding needs and is not expected to significantly impact the long-term development of Weilan Lithium [1] - Weilan Lithium remains an important player in the industry, and its strategic layout and market performance warrant continued attention [1] Group 2 - Beiken Energy's stock experienced abnormal fluctuations, with a cumulative price increase deviation exceeding 20% over two trading days [2] - The actual controller, Chen Pinggui, sold shares during this period, which aligns with previously disclosed reduction plans and does not constitute illegal behavior [2] - Despite the stock's volatility, the company's operations and fundamentals have not undergone significant changes, suggesting a need for rational investor perspectives [2] Group 3 - Dazhong Mining announced a plan to invest 1 billion yuan in a project to produce 3,000 tons of lithium battery materials annually [3] - The project will be developed in three phases, focusing on high-capacity lithium battery materials, particularly for solid-state batteries [3] - This investment aligns with the trend of upgrading the new energy industry and is expected to provide long-term market opportunities for the company, despite existing challenges in lithium industrialization [3]

Group 1: Lithium Project Overview - The company has a lithium resource reserve of approximately 3.24 million tons of lithium carbonate equivalent in the Tongtianmiao mining section of the Hunan Jijia Mountain area, with a planned annual production scale of 20 million tons [1] - The company employs an integrated operation model of "mining, selection, and smelting," achieving 100% self-sufficiency in lithium raw materials [1][2] - The company is advancing two core technology R&D projects aimed at enhancing resource utilization efficiency and cost control [2] Group 2: Cost Control and Efficiency - The new process for lithium extraction from mica has reduced the amount of lithium slag by 50%, meeting first-class solid waste standards, and allowing for the recycling of lithium slag in construction materials [2] - The lithium recovery rate has significantly increased to 90%, and the comprehensive cost of lithium carbonate extraction has been substantially reduced, maintaining competitiveness even in current market conditions [2][5] Group 3: Project Progress and Timeline - The mining rights application for the Hunan Jikou Mountain lithium mine is underway, with plans to apply for a mining license once conditions are met [4] - The first phase of the 10 million tons mining and selection project and the 20,000 tons/year lithium carbonate smelting project are expected to be completed and operational by 2026 [4] - The Sichuan Jada lithium mine has a proven ore resource of 4.3436 million tons, with an average lithium oxide grade of 1.38%, and plans to complete the mining rights application by December 2025 [6] Group 4: Market Outlook and Investment Strategy - The company believes that lithium carbonate, being a cyclical product, will continue to have good development prospects despite price fluctuations [5] - The company is leveraging the current price decline to attract talent and expedite project construction, ensuring cost and efficiency advantages [5] - The funding for the projects primarily comes from self-owned funds and bank loans, with a focus on maintaining cost control to expand profit margins [5]

Core Viewpoint - The article highlights the investment by Dazhong Mining in a new lithium battery material project, emphasizing the company's strategic shift towards lithium mining and battery materials, which aligns with the growing demand for high-performance batteries in the renewable energy sector [1][2]. Company Overview - Dazhong Mining plans to invest 1 billion yuan to establish a project with an annual production capacity of 3,000 tons of metal lithium battery materials, located in the Linwu High-tech Industrial Development Zone [1]. - The project will be developed in three phases: the first phase focuses on research and development, expected to be completed by 2025; the second phase aims to build a production line with a capacity of 1,000 tons, starting construction in April 2026 and expected to be operational by the end of 2027; the third phase will expand production to 2,000 tons, with construction starting in June 2027 and completion by the end of 2028 [1]. - As of the end of 2024, Dazhong Mining's total assets are valued at 15.4 billion yuan, with a market capitalization of 15.1 billion yuan [1]. Industry Context - Dazhong Mining has expanded its operations into the lithium mining sector, acquiring control over two major lithium resources in Hunan and Sichuan, which are expected to serve as new profit growth points for the company [2]. - The company has established a complete industrial chain for lithium battery materials, including lithium ore mining and lithium carbonate processing, with a current lithium carbonate equivalent of 3.24 million tons [2]. - The metal lithium battery materials produced are crucial for high-performance batteries, particularly solid-state batteries, which are gaining traction in the renewable energy market [2]. Market Developments - Internationally, companies like Factorial and Mercedes-Benz are advancing solid-state lithium metal batteries, indicating a growing trend in battery technology [3]. - Domestically, companies such as Mengwei Technology and Jinyu New Energy are also making strides in lithium metal battery development, with significant deliveries and production capabilities expected in 2024 [4]. - Industry leaders like CATL are focusing on lithium metal anode technology, which is critical for enhancing battery performance and safety [4].

Core Viewpoint - The company has achieved a significant breakthrough in lithium extraction technology, establishing a solid foundation for the industrialization of advanced lithium extraction processes from lithium mica, addressing both environmental and cost challenges in the industry [1][6]. Technology Innovation - The new lithium extraction technology developed by the company has increased the lithium recovery rate to over 90%, significantly improving resource utilization efficiency compared to traditional methods [5][6]. - The production cost of lithium carbonate using the new process can be comparable to that of lithium spodumene and salt lake extraction, with further potential for cost reduction [6]. Environmental Impact - The traditional lithium extraction methods faced environmental issues due to toxic waste, which the new technology has successfully transformed into non-toxic waste, meeting industrial solid waste standards [5][6]. Resource Development - The company has made significant progress in resource acquisition, completing the evaluation and approval processes for mining in the Jijiao Mountain area within 20 months, with a planned annual production capacity of 2 million tons from open-pit mining and 800,000 tons from underground mining [8]. Strategic Vision - The company is focused on expanding its lithium mining operations while maintaining strategic awareness to track quality mineral resources, aiming to enhance market competitiveness and profit growth [11]. - The dual focus on iron and lithium mining is part of the company's strategy to drive industry green upgrades and support local industrial development [11].