股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 截至月份: | 2024年10月31日 | | | | | 狀態: 新提交 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | | | | | | | 公司名稱: | 天齊鋰業股份有限公司 | | | | | | | | | 呈交日期: | 2024年11月1日 | | | | | | | | | I. 法定/註冊股本變動 | 不適用 | | | | | | | | | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | 是 | | + | | 證券代號 (如上市) | 09696 | 說明 | | | | | | | | 增加多櫃檯證券代號 | | | | | | | | | | 手動填寫 | | 法定/註冊股份數目 | | 面值 | | 法定/註冊股本 | | | | 上月底結存 | | | 164,122,200 RMB | | 1 RMB | | 164,122 ...

股票代码：002466 股票简称：天齐锂业 天齐锂业股份有限公司投资者关系活动记录表 编号：2024-008 | --- | --- | --- | |----------------------------|---------------------------|------------------------------------| | | | | | | □ 特定对象调研 | √ 分析师会议 | | | □ 媒体采访 | □业绩说明会 | | 投资者关系活动类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | □一对一沟通 | | | □ 其他 | | | 参与单位名称及人员姓名 | 详见附件 | | | 时间 | 2024 年 10 月 31 | 日下午 16:00-17:00 | | 地点 | | 天齐锂业成都总部六楼会议室（线上） | | | 董事/财务总监/执行副总裁 | 邹军、董事会秘书 / | | 上市公司接待人员 | 副总裁 / 香港联席公司秘书 | 张文宇、证券事务代 | | | 表/证券及投关总监 | 付旭梅、财务部总监 文茜 | | 投资者关系活动主要内容介绍 ...

Investment Rating - The investment rating for Tianqi Lithium Industries is "Recommended (Maintain)" [1] Core Views - The company reported a significant decrease in revenue and net profit for Q3 2024, with revenue at 3.646 billion yuan, down 57.48% year-on-year, and a net loss of 496 million yuan, down 130.11% year-on-year [4][5] - Despite the challenges, the company has seen growth in lithium product sales and production, with a notable reduction in losses compared to previous quarters [7][10] - The lithium price has dropped significantly, but the report suggests that the downside potential for prices is limited due to rising production costs and a potential market clearing as unprofitable producers exit [9][10] Summary by Sections Financial Performance - For Q3 2024, the company achieved revenue of 3.646 billion yuan, a year-on-year decrease of 57.48%, and a net loss of 496 million yuan, a year-on-year increase in losses of 130.11% [4] - For the first three quarters of 2024, revenue totaled 10.065 billion yuan, down 69.87% year-on-year, with a net loss of 5.701 billion yuan, reflecting a 170.40% increase in losses year-on-year [4] Market Conditions - The lithium market has faced downward pressure due to increased competition and inventory accumulation, leading to a significant decline in lithium prices [6] - The average selling price of lithium concentrate decreased by 28.8% quarter-on-quarter in Q3 2024, with a year-on-year decline of 61.1% [6] - The average selling price of battery-grade lithium carbonate also saw a quarter-on-quarter decrease of 24.5% and a year-on-year decrease of 55.5% [6] Production and Capacity - The company has successfully ramped up production capacity with the launch of a new lithium carbonate project, resulting in increased sales volumes for lithium compounds and derivatives [7] - Sales volume for lithium compounds and derivatives increased by 67.71% year-on-year for the first three quarters of 2024, with a quarter-on-quarter increase of 24.69% in Q3 [7] Future Outlook - The report indicates that the lithium price has reached a low level, with limited downside potential, and anticipates a gradual recovery in demand from the electric vehicle and energy storage sectors [9][10] - The company is expected to see a gradual improvement in performance due to its strong resource endowment and planned new projects in both mining and metallurgy [10]

Investment Rating - The report maintains an "Accumulate" rating for Tianqi Lithium Industries (9696 HK/002466 CH) with a target price of HKD 30.20 and RMB 39.75 [9][10]. Core Insights - The company's Q3 performance was pressured by falling lithium prices, reporting revenue of RMB 3.646 billion, a year-over-year decline of 57.48% and a quarter-over-quarter decline of 4.90%. The net profit attributable to shareholders was a loss of RMB 496 million, down 130.11% year-over-year but up 62.14% quarter-over-quarter [3][4]. - For the first three quarters of 2024, the company achieved revenue of RMB 10.065 billion, a year-over-year decline of 69.87%, with a net loss of RMB 5.701 billion, down 170.40% year-over-year. The Q3 results aligned with the company's prior loss forecast of RMB 5.85 to 5.45 billion [3][4]. - The company is experiencing production and sales growth both year-over-year and quarter-over-quarter, with lithium compound and derivative sales increasing by 67.71% year-over-year and 24.69% quarter-over-quarter in Q3 [4]. Summary by Sections Performance Overview - Q3 revenue was RMB 3.646 billion, down 57.48% year-over-year and 4.90% quarter-over-quarter. The net loss was RMB 496 million, reflecting a year-over-year decline of 130.11% but an increase of 62.14% from the previous quarter [3]. - For the first three quarters of 2024, total revenue reached RMB 10.065 billion, down 69.87% year-over-year, with a net loss of RMB 5.701 billion, down 170.40% year-over-year [3][4]. Production and Sales Growth - The company reported production and sales growth in lithium compounds and derivatives, with sales increasing by 67.71% year-over-year and 24.69% quarter-over-quarter in Q3 [4]. - High-priced inventory is gradually being consumed, and production costs are aligning with the latest procurement prices, leading to a reduction in quarterly losses [4]. Capacity Expansion - Ongoing projects are progressing smoothly, including the third phase of the Talison chemical-grade lithium concentrate expansion project, expected to produce its first batch of lithium concentrate by Q4 2025 [5]. - The company has received pre-approval for the construction of the Tebaigou tailings project, laying the groundwork for future expansion [5]. Market Outlook - The report anticipates continued oversupply in the lithium market due to the expansion of large, low-cost mines. However, the pricing of lithium concentrate is nearing the cost lines of Australian mines, which may lead to a potential reduction in production if prices remain low [6]. - The report suggests that the lithium market may continue to experience fluctuations as it awaits the clearing of overseas mines [6]. Valuation and Forecast - The report adjusts lithium price assumptions and forecasts EPS for 2024-2026 at -2.50, 1.50, and 2.58 RMB, respectively. The company is assigned a 1.4x PB for 2025, with a BPS of 28.39 RMB [7]. - The average premium rate for the company over the past three months is 43.21%, with a target price of HKD 30.20 and RMB 39.75 based on the exchange rate as of October 30, 2024 [7].

股票代码：002466 股票简称：天齐锂业 公告编号：2024-048 天齐锂业股份有限公司 关于使用自有闲置资金进行委托理财的公告 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。 重要内容提示： 1、投资种类：天齐锂业股份有限公司（以下简称"公司"）及全资子公司拟通过 具有相应业务资质的银行及非银行金融机构投资安全性高、流动性好的短期（一年内） 理财产品，主要为结构性存款。 2、投资金额：公司及全资子公司拟共同使用最高额度不超过人民币10亿元（或等 值外币）的自有闲置资金进行委托理财。 3、特别风险提示：公司将选择安全性高、流动性好的短期理财产品进行委托理财。 但金融市场受宏观经济政策的影响较大，理财投资不排除会受到市场波动的影响，投资 收益具有不确定性。敬请广大投资者注意投资风险。 2024年10月30日，公司第六届董事会第十七次会议及第六届监事会第十次会议审议 通过了《关于使用自有闲置资金进行委托理财的议案》，同意在保证公司日常经营资金 需求及本金安全的前提下，公司及全资子公司共同使用最高额度不超过人民币10亿元 （或等值外币）的自有闲置资金进行委托理财 ...

股票代码：002466 股票简称：天齐锂业 公告编号：2024-046 天齐锂业股份有限公司 第六届董事会第十七次会议决议公告 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。 天齐锂业股份有限公司（以下简称"公司"）第六届董事会第十七次会议（以下简 称"会议"）于2024年10月30日以通讯表决的方式召开。召开本次会议的通知已于2024 年9月20日通过电子邮件方式送达各位董事，会议材料于2024年10月25日以电子邮件方 式送达各位董事。本次会议应参加表决董事8人（其中独立董事4人），实际参加表决董 事8人。本次会议由董事长蒋安琪女士召集，会议的召集、召开与表决程序符合《中华 人民共和国公司法》和《公司章程》及相关法律、法规的规定，合法有效。 本次会议审议通过了以下议案： 一、审议通过《2024 年第三季度报告》 表决结果：同意8票、反对0票、弃权0票。 董事会认为：公司《2024年第三季度报告》内容真实、准确、完整地反映了公司 的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 本议案已经董事会审计与风险委员会审议通过。 具体内容详见公司同日披露于《 ...

股票代码：002466 股票简称：天齐锂业 公告编号：2024-049 1 照 2024 年 10 月 30 日中国外汇交易中心受权公布的人民币汇率中间价折合人民币约 41.27 亿元）。 经测算，本次交易连续十二个月累计投入金额达到董事会审议标准，公司于 2024 年 10 月 30 日召开第六届董事会第十七次会议，审议通过了《关于同意泰利森第三期化 学级锂精矿扩产计划增加投资的议案》，同意文菲尔德增加对泰利森第三期化学级锂精 矿扩产项目的投资。根据《深圳证券交易所股票上市规则》《公司章程》等法律法规的 相关规定，本次交易不构成关联交易，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。 一、增加投资的情况概述 2018 年 7 月 24 日，天齐锂业股份有限公司（以下简称"公司"）召开第四届董事 会第十八次会议通过了《关于同意泰利森第三期锂精矿扩产计划的议案》，同意公司控 股子公司 Windfield Holdings Pty Ltd（以下简称"文菲尔德"）之全资子公司 Talison Lithium Pty Ltd（以下简称"泰利森"）正式启动化学级锂精矿产能继续扩产的建设工 作，建造一个独 ...

Financial Performance - The company's operating revenue for Q3 2024 was ¥3,646,159,930.05, a decrease of 57.48% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2024 was -¥495,644,270.41, representing a decline of 130.11% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥516,039,799.65, down 132.82% from the previous year[3]. - The net cash flow from operating activities for the year-to-date was ¥4,192,370,886.76, a decrease of 79.07% compared to the same period last year[3]. - Total operating revenue for Q3 2024 was CNY 10,064,738,520.01, a decrease from CNY 33,399,166,232.91 in the same period last year, representing a decline of approximately 69.9%[27]. - Net profit for Q3 2024 was CNY 1,734,043,201.82, significantly lower than CNY 22,370,264,777.45 in the previous year, reflecting a decrease of approximately 92.2%[28]. - The net profit attributable to the parent company was -5.70 billion CNY, compared to 7.44 billion CNY in the previous period, indicating a significant decline[29]. - The total comprehensive income attributable to the parent company was 1.20 billion CNY, down from 22.89 billion CNY in the previous period[29]. - The basic earnings per share were -3.48 CNY, compared to 4.93 CNY in the previous period, reflecting a negative performance[29]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥70,355,035,161.95, a decrease of 3.92% from the end of the previous year[3]. - The total liabilities increased to CNY 20,001,526,283.47 from CNY 18,991,821,645.97, marking an increase of about 5.3%[28]. - The total equity attributable to shareholders decreased to CNY 43,508,204,212.27 from CNY 51,519,658,068.18, a decline of approximately 15.6%[28]. - The company's long-term equity investments decreased from ¥26,873,607,682.35 to ¥25,612,103,131.11, a reduction of approximately 4.7%[25]. - The company's fixed assets increased from ¥9,079,609,360.11 to ¥12,304,536,948.12, reflecting an increase of about 35.5%[25]. - Short-term borrowings rose significantly from ¥337,372,340.00 to ¥1,430,963,725.90, an increase of approximately 324%[25]. - The long-term borrowings increased to CNY 11,427,835,608.53 from CNY 9,544,758,108.47, reflecting an increase of about 19.7%[28]. Shareholder Information - Total number of ordinary shareholders at the end of the reporting period is 326,228 for A shares and 47 for H shares[8]. - The largest shareholder, Chengdu Tianqi Industrial (Group) Co., Ltd., holds 25.37% of shares, totaling 416,316,432 shares[10]. - HKSCC NOMINEES LIMITED holds 10.00% of shares, totaling 164,085,245 shares[10]. - The top 10 shareholders account for a significant portion of the total share capital, with the largest shareholder holding over 25%[12]. - The company has a diverse shareholder base, including domestic and foreign entities[10]. - The total number of preferred shareholders with restored voting rights is zero[8]. - The company has not disclosed any new strategies related to market expansion or mergers and acquisitions in this report[12]. Cash Flow and Investments - As of September 30, 2024, the company's cash and cash equivalents decreased to ¥6,275,563,352.70 from ¥9,588,520,244.89 at the beginning of the period, representing a decline of approximately 34.5%[25]. - Cash flow from operating activities generated a net amount of 4.19 billion CNY, a decrease from 20.04 billion CNY in the previous period[31]. - Cash inflow from operating activities totaled 12.21 billion CNY, down from 36.35 billion CNY in the previous period[31]. - Cash outflow from operating activities was 8.02 billion CNY, compared to 16.31 billion CNY in the previous period[31]. - The net cash flow from investing activities was -4.67 billion CNY, worsening from -0.90 billion CNY in the previous period[31]. - The net cash flow from financing activities was -11.58 billion CNY, compared to -30.77 billion CNY in the previous period[32]. - The ending balance of cash and cash equivalents was 6.25 billion CNY, down from 7.70 billion CNY in the previous period[32]. - The company received 650 million CNY from cash recovered from investments, while cash inflow from investment activities totaled 1.03 billion CNY[31]. Production and Sales - The sales volume of lithium compounds and derivatives increased by 67.71% year-on-year for the first three quarters of 2024[7]. - The sales volume for Q3 2024 increased by 24.69% compared to Q2 2024[7]. - The company experienced a significant decline in the average selling price of lithium products, impacting overall profitability[6]. - The company confirmed a substantial decrease in investment income from its associate company SQM, contributing to the overall loss[6]. Strategic Initiatives - The company plans to issue debt financing tools up to RMB 6 billion, with a registered short-term financing bond of RMB 2 billion and a medium-term note of RMB 4 billion approved[16]. - The first phase of short-term financing bonds was successfully issued at a total amount of RMB 300 million with an interest rate of 2.35% and a term of 1 year[16]. - The company has initiated commodity futures hedging to mitigate price volatility risks, with a maximum trading margin and premium cap of RMB 200 million and a maximum contract value of RMB 800 million per trading day[17][18]. - The Suining Anju factory project for an annual production capacity of 20,000 tons of battery-grade lithium carbonate has a total investment of approximately RMB 1.5 billion and has completed construction as of October 27, 2023[19][20]. - The project has achieved product sales and has established a stable customer base, with the first batch of battery-grade lithium carbonate meeting the required standards[20]. - The company’s subsidiary, Shenghe Lithium, has signed a cooperation agreement for the construction of a power transmission and transformation project in the Moke lithium mine area, establishing a joint venture for this purpose[21]. - The company holds approximately 22.16% of SQM, having invested USD 4.066 billion for a 23.77% stake, and is involved in a non-binding memorandum with Codelco regarding operations in the Atacama salt flat from 2025 to 2060[22]. - The company’s subsidiary Tianqi Chile has filed an administrative review against CMF's decision regarding the partnership agreement with SQM and Codelco, which is currently under judicial review[23]. - The partnership agreement aims to develop lithium and potassium production activities in the Atacama salt flat region, indicating a strategic move towards resource development[23].

摩根士丹利证券（中国）有限公司 关于天齐锂业股份有限公司 使用自有闲置资金进行委托理财的核查意见 根据《证券发行上市保荐业务管理办法》《深圳证券交易所股票上市规则 （2024 年修订）》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市 公司规范运作》等有关规定，摩根士丹利证券（中国）有限公司（以下简称"摩 根士丹利证券"、"保荐机构"）作为天齐锂业股份有限公司（以下简称"天齐锂 业"、"公司"）2019 年配股项目的持续督导保荐机构，对于天齐锂业使用自有闲 置资金进行委托理财的事项进行了核查，具体情况如下： 一、使用自有闲置资金进行委托理财的基本情况 1、投资目的 为提高公司及全资子公司资金使用效率和资金收益，在保证公司及全资子公 司日常经营资金需求的前提下，合理使用闲置自有资金购买安全性较高、流动性 较好、风险可控的理财产品，为公司与股东创造更多的投资回报。 2、投资金额 公司及全资子公司拟共同使用最高额度不超过人民币 10 亿元（或等值外币） 的自有闲置资金进行委托理财。在上述额度内，资金可循环滚动使用，期限内任 一时点的交易金额（含前述投资的收益进行再投资的相关金额）不应超过投资额 度。 3、 ...

股票代码：002466 股票简称：天齐锂业 公告编号：2024-050 天齐锂业股份有限公司 第六届监事会第十次会议决议公告 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。 天齐锂业股份有限公司（以下简称"公司"）第六届监事会第十次会议（以下简称 "会议"）于2024年10月30日以通讯表决的方式召开。召开本次会议的通知已于2024年 9月20日通过电子邮件方式送达各位监事，会议材料于2024年10月25日以电子邮件方式 送达各位监事。本次会议应参加表决监事3人，实际参加表决监事3人。本次会议由公司 监事会主席王东杰女士召集，会议的召集、召开与表决程序符合《中华人民共和国公司 法》和《公司章程》及相关法律、法规的规定，合法有效。 二、审议通过《关于使用自有闲置资金进行委托理财的议案》 表决结果：同意3票、反对0票、弃权0票。 监事会同意公司《关于使用自有闲置资金进行委托理财的议案》。 具体内容详见公司同日披露于《证券时报》《证券日报》《中国证券报》《上海证券 报》《经济参考报》和巨潮资讯网（http://www.cninfo.com.cn）的《关于使用自有闲置 ...