证券代码：002460 证券简称：赣锋锂业 编号：临2025-117 江西赣锋锂业集团股份有限公司 关于选举公司第六届董事会职工董事的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 为保障公司规范运作，进一步优化治理结构，江西赣锋锂业集团 股份有限公司（以下简称"公司"）于 2025 年 8 月 22 日召开第六届 董事会第五次会议审议通过了《关于修订<公司章程>的议案》，公司 拟设置职工董事、调整董事会人数并相应修订《公司章程》相关内容， 本事项已经公司 2025 年第三次临时股东大会审议通过。 根据《公司法》《深圳证券交易所股票上市规则》等法律法规和 新修订的《公司章程》的规定，公司设 1 名职工代表担任公司的董事， 结合公司实际情况，公司于 2025 年 10 月 13 日召开职工代表大会， 经与会职工代表审议表决，选举廖萃女士为公司第六届董事会职工董 事，其任期将于上述《关于修订<公司章程>的议案》经股东大会审议 通过之日起至第六届董事会任期届满之日止。 公司董事会成员中兼任高级管理人员以及由职工代表担任的董 事人数总计不超过公司董事总数的二分之一， ...

北京市汉坤律师事务所上海分所 关于 江西赣锋锂业集团股份有限公司 2025 年第三次临时股东大会 的 法律意见书 汉坤（证）字[2025]第 27422-11-O-6 号 中国上海市静安区石门一路 288 号兴业太古汇香港兴业中心二座 33 层 200041 电话：(86 21) 6080 0909；传真：(86 21) 6080 0999 北京 上海 深圳 香港 海口 武汉 新加坡 纽约 硅谷 www.hankunlaw.com 北京市汉坤律师事务所上海分所 2025 年第三次临时股东大会的法律意见书 关于江西赣锋锂业集团股份有限公司 关于江西赣锋锂业集团股份有限公司 2025 年第三次临时股东大会的法律意见书 汉坤（证）字[2025]第 27422-11-O-6 号 致：江西赣锋锂业集团股份有限公司 江西赣锋锂业集团股份有限公司（以下简称"公司"）2025 年第三次临时股东 大会（以下简称"本次股东大会"）采取现场投票与网络投票相结合的方式，现场会 议于 2025 年 10 月 14 日在江西省新余市经济开发区龙腾路公司总部研发大楼四楼 会议室召开。北京市汉坤律师事务所上海分所（以下简称"本所"）接受公司 ...

证券代码：002460 证券简称：赣锋锂业 编号：临2025-118 江西赣锋锂业集团股份有限公司 2025 年第三次临时股东大会决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东大会未出现否决议案的情形。 2、本次股东大会不会涉及变更以往股东大会已通过的决议。 一、会议召开情况 5、会议主持人：公司副董事长王晓申先生 6、会议召开的合法、合规性：本次临时股东大会的召集、召开 程序符合有关法律、行政法规、部门规章、规范性文件和公司章程等 的规定。 二、会议出席情况 1、现场会议召开时间：2025年10月14日14:00 网络投票时间：公司 A 股股东通过深圳证券交易所交易系统进 行网络投票的具体时间为 2025 年 10 月 14 日上午 9:15—9:25， 9:30—11:30，下午 13:00—15:00；通过深圳证券交易所互联网投票系 统投票的具体时间 2025 年 10 月 14 日上午 9:15 至 2025 年 10 月 14 日下午 15:00。 2、会议地点：江西省新余市经济开发区龙腾路公司总部研发大 楼四楼会议室 ...

Core Viewpoint - The article discusses the ongoing 2025 China Solid-State Battery Industry Golden Award selection, highlighting Ganfeng Lithium's participation and its innovative contributions to the solid-state battery sector [2][16]. Group 1: Company Overview - Ganfeng Lithium is a leading global lithium enterprise involved in the entire lithium value chain, including resource development, lithium salt processing, metal lithium smelting, battery manufacturing, and recycling [3][4]. - The company has a significant presence in lithium resources across multiple countries, including Argentina, Australia, and China, and is the largest producer of metal lithium globally [4]. Group 2: Technological Advancements - Ganfeng Lithium has developed a complete technology system for solid-state materials, structures, and systems, supported by a high-level R&D team of over 200 members [4][5]. - The company has achieved a breakthrough in battery energy density, reaching 410 Wh/kg, and has passed extreme safety tests, positioning itself as a benchmark in high-energy battery industrialization [5]. Group 3: Product Offerings - The company offers high-energy lithium batteries with energy densities ranging from 410 Wh/kg to 550 Wh/kg, suitable for aerospace and low-altitude flight applications [6][8]. - Ganfeng Lithium has developed solid electrolyte materials with high ionic conductivity, achieving room temperature ionic conductivity of 1.4 mS/cm and 1.7 mS/cm for different products [9]. Group 4: Market Position and Competitive Advantage - Ganfeng Lithium holds a 70% market share in the segment of batteries exceeding 400 Wh/kg, establishing itself as a leading supplier in this niche [11][14]. - The demand for high-energy batteries is expected to grow exponentially due to applications in low-altitude flying vehicles and future electric vehicles, enhancing Ganfeng Lithium's market position [15]. Group 5: Award Selection Process - The Golden Award aims to encourage innovation in the solid-state battery industry and recognizes outstanding contributions from leading companies [16]. - The selection process involves self-nomination or recommendations, followed by a review and voting by an expert committee [16].

格隆汇10月14日｜港交所文件披露，花旗对赣锋锂业(1772.HK)的持股比例于10月8日从6.12%增至 6.70%。 ...

香港交易所 消息：10月8日， 花旗集团 持有的 赣锋锂业 H股多头头寸从6.12%增至6.70%。 ...

Core Viewpoint - The article highlights the performance of the Nonferrous ETF Fund (159880), which opened with a gain of 2.40% and reports significant increases in its major holdings, indicating a positive trend in the nonferrous metals sector [1] Group 1: Fund Performance - The Nonferrous ETF Fund (159880) opened at 1.875 yuan, reflecting a 2.40% increase [1] - Since its establishment on March 8, 2021, the fund has achieved a return of 82.49% [1] - The fund's one-month return stands at 16.15% [1] Group 2: Major Holdings Performance - Major holdings in the fund include: - Zijin Mining: up 3.51% [1] - Luoyang Molybdenum: up 3.25% [1] - Northern Rare Earth: up 0.47% [1] - China Aluminum: up 2.92% [1] - Shandong Gold: up 3.90% [1] - Huayou Cobalt: up 3.29% [1] - Zhongjin Gold: up 5.06% [1] - Ganfeng Lithium: unchanged [1] - Chifeng Jilong Gold: up 4.36% [1] - Yun Aluminum: up 2.55% [1] Group 3: Fund Management - The fund is managed by Penghua Fund Management Co., Ltd. [1] - The fund manager is Yan Dong [1] - The performance benchmark for the fund is the National Securities Nonferrous Metals Industry Index return [1]

Core Viewpoint - Ganfeng Lithium has led the lithium sector with a price increase of over 60% in the past two months, approaching a market capitalization of 150 billion yuan, indicating a significant shift in the valuation landscape of the lithium industry [1][3]. Market Dynamics - The market capitalization ranking in the lithium sector has changed, with Ganfeng Lithium at the top, followed by Salt Lake Co. and Cangge Mining, both of which have also surpassed a market cap of 100 billion yuan [1][3]. - The valuation gap between leading and mid-tier lithium companies has widened, highlighting a "stronger gets stronger" trend [1][3]. Investment Trends - Institutional investors have shown strong interest in Ganfeng Lithium, with significant capital inflows noted, such as 999.7 million yuan from two major institutions on October 9 [3]. - The number of institutional shareholders in Ganfeng Lithium increased from 65 in the first quarter to 425 in the half-year report, indicating growing confidence in the company [3]. Valuation Logic Shift - The valuation logic in the lithium sector has shifted from "owning mines" to a combination of "technology and resources," emphasizing the importance of low marginal cost resources and advanced lithium extraction technologies [1][4]. - Ganfeng Lithium's valuation has been boosted by its involvement in solid-state batteries, which are currently favored in the capital market [4]. Competitive Landscape - Salt Lake Co. and Cangge Mining have gained traction due to their low marginal costs and capacity releases, with Salt Lake Co. achieving a gross margin of nearly 50% for lithium products [5][6]. - Cangge Mining has also maintained a gross margin of over 30% for its lithium products, alongside its other mineral operations [5][6]. Future Outlook - The current lithium price remains around 70,000 yuan per ton, slightly above the breakeven point for lithium mining companies, which may affect their valuations [7]. - The industry is witnessing a new valuation opportunity driven by the low marginal cost characteristics of salt lake lithium extraction [12].

Core Viewpoint - Ganfeng Lithium has led the lithium sector with over 60% increase in stock price over the past two months, approaching a market capitalization of 150 billion yuan, indicating a significant shift in the valuation dynamics within the lithium industry [1][3]. Market Dynamics - The market capitalization ranking in the lithium sector has changed, with Ganfeng Lithium at the top, followed by Salt Lake Co. and Cangge Mining, both of which have surpassed 100 billion yuan in market value [1][3]. - The valuation gap between leading and mid-tier lithium companies has widened, highlighting a "stronger getting stronger" trend [1][3]. Institutional Investment - Institutional interest in Ganfeng Lithium has surged, with the number of institutional shareholders increasing from 65 to 425 within six months, indicating strong confidence in the company's prospects [3]. - Salt Lake Co. and Cangge Mining have also seen significant increases in institutional holdings, reflecting a broader shift in investor sentiment towards companies with low marginal costs and integrated resource capabilities [3]. Valuation Logic Shift - The valuation logic in the lithium sector has shifted from "owning mines" to a focus on "technology + resources," emphasizing the importance of having low-cost lithium resources and advanced extraction technologies [1][4]. - Ganfeng Lithium's valuation has been positively influenced by its involvement in solid-state batteries, which are currently favored in the capital market [4]. Profitability and Cost Structure - Salt Lake Co. has maintained a gross profit margin of nearly 50% despite fluctuations in lithium prices, while Cangge Mining reported a gross profit margin of over 30% [5][6]. - Companies that rely solely on lithium ore extraction are facing valuation challenges due to stagnant lithium prices, which are currently around 70,000 yuan per ton [7]. Industry Trends - The current lithium market is characterized by a focus on integrated resource management and technological advancements, with leading companies expanding their operations along the supply chain to capture downstream market demands [10][11]. - The introduction of export controls on key lithium battery materials by the Chinese government is expected to impact the competitive landscape, emphasizing the importance of high-end lithium battery production capabilities [12]. Future Opportunities - New valuation opportunities exist, particularly for companies with low marginal costs, as seen with the recent production commencement of battery-grade lithium carbonate from the Zabuye Salt Lake project [13]. - Cangge Mining is planning to expand its lithium carbonate production capacity, indicating ongoing development in the sector despite current market challenges [13].

Core Viewpoint - Ganfeng Lithium has led the lithium sector with over 60% increase in stock price over the past two months, approaching a market capitalization of 150 billion yuan, indicating a significant shift in valuation dynamics within the lithium industry [1][3]. Market Dynamics - The market capitalization ranking in the lithium sector has changed, with Ganfeng Lithium at the top, followed by Salt Lake Co. and Cangge Mining, both of which have surpassed 100 billion yuan in market value [1][3]. - The valuation gap between leading and mid-tier lithium companies has widened, highlighting a "stronger gets stronger" trend [1][3]. Investment Trends - Institutional investors have shown strong interest in Ganfeng Lithium, with a notable increase in institutional holdings from 65 to 425 in the first half of the year [3]. - Salt Lake Co. and Cangge Mining have also seen significant increases in institutional holdings, indicating a shift in investor focus towards companies with low marginal costs and technological advancements [3]. Valuation Logic Shift - The valuation logic in the lithium sector has shifted from "owning mines" to a combination of "technology and resources," emphasizing the importance of low-cost lithium resources and advanced extraction technologies [1][4]. - Ganfeng Lithium's valuation increase is attributed to its involvement in solid-state batteries and its integrated upstream resource control, which provides resilience against raw material price fluctuations [4][10]. Profitability and Production Capacity - Salt Lake Co. has achieved a gross profit margin of nearly 50% for lithium products, despite lithium carbonate prices fluctuating between 60,000 to 80,000 yuan per ton [5][6]. - Cangge Mining has maintained a gross profit margin of over 30% for its lithium products, showcasing stable profitability amid market fluctuations [6]. Market Sentiment and Future Outlook - The current sentiment in the market is driven by expectations of future growth in solid-state batteries and energy storage, with Ganfeng Lithium being a key player in these segments [4][10]. - The industry is witnessing a trend where companies are expanding their operations beyond lithium salt production to capture downstream market demands more effectively [12].