香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 本公告僅供參考，並非收購、購買或認購任何證券的邀請或要約，或訂立協議以進行任何該等 事宜的邀請，亦非旨在邀請任何要約以收購、購買或認購任何證券。 本公告並非亦不構成於美國（包括其領土和屬地、美國任何州份和哥倫比亞地區）出售證券的要 約或邀請。本公告或其任何內容或其副本亦不得攜進美國境內或於美國境內直接或間接派發。 除非有關證券根據證券法或美國的任何其他適用證券法律辦理登記或獲得豁免遵守證券法或美 國任何其他適用證券法律的登記規定，否則有關證券未曾亦不會根據經修訂的1933年《美國證 券法》（「證券法」）或美國任何其他適用證券法律登記，且不得於美國或向美國人士，或代表美 國人士或為美國人士的利益提呈發售、出售或以其他方式轉讓。任何在美國提呈的證券公開發 售必須由本公司刊發招股說明書，當中須載列本公司及管理層以及財務報表的詳細資料。本公 司並無計劃在美國公開發售任何證券。 Tianqi Lithium Co ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 上市規則之涵義 由於預計出售事項的一項或多項適用百分比率超5%但低於25%，因此，出售事 項構成本公司須予披露的交易，須遵守上市規則第十四章的申報及公告規定。 1 出售上市證券 Tianqi Lithium Corporation 天齊鋰業股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：9696） 公告 潛在須予披露的交易 出售參股公司股權 出售事項 於2026年2月3日，董事會審議通過了《關於擇機處置公司部分參股公司股權的 議案》，本公司擬擇機處置持有的SQM的A類股數量合計不超過3,565,970股（佔 SQM股份總數的比例不超過1.25%），且出售股份以不觸發公司按照上市規則 及《深圳證券交易所股票上市規則》應提交股東會審議批准的情形為限。本公司 自2025年12月26日起已處置通過全資子公司天齊鋰業香港持有SQM的B類股 748,490股，佔SQM股份總數的0.29%。於本 ...

Core Viewpoint - Tianqi Lithium's recent strategic moves indicate a shift in resource allocation and a focus on enhancing its position in the lithium battery recycling sector, particularly following a legal setback in Chile [1][2]. Group 1: Legal Setback - Tianqi Lithium's subsidiary Tianqi Chile lost a final ruling in the Chilean Supreme Court, potentially diminishing its governance influence and future revenue certainty in SQM, a key company in its portfolio [1]. - Despite the announcement stating no immediate significant impact on profits, the long-term investment return potential in the Atacama Salt Flat is perceived to be under substantial challenge [1]. Group 2: Strategic Partnership - On the same day as the court ruling, Tianqi Lithium signed a strategic cooperation agreement with JinJing New Energy to develop a green recycling industry chain for lithium batteries [1][2]. - The partnership encompasses multiple dimensions, including core R&D, overseas expansion, black powder materials, and cross-equity investment, indicating a deep collaboration beyond simple business cooperation [2]. Group 3: R&D and Market Expansion - The agreement includes establishing joint laboratories and projects to tackle key challenges in lithium-ion battery recycling and refining high-value materials [2]. - The collaboration aims to expand overseas battery recycling operations, starting from Hong Kong and gradually extending to other regions [2]. Group 4: Industry Context and Strategic Importance - The partnership aligns with Tianqi Lithium's need to enhance supply chain resilience amid uncertainties regarding control over core resources and regulatory pressures from the EU's new battery laws [3]. - The global peak in battery retirements is approaching, making the establishment of a dual assurance system of "primary mines + urban mines" a critical strategic choice for Tianqi Lithium [3]. Group 5: JinJing New Energy's Capabilities - JinJing New Energy has developed a global recycling network covering 28 countries, with three pre-treatment plants and 74 collection and dismantling points, making it a preferred service provider for new energy companies [4]. - The strategic value of JinJing New Energy's Hong Kong hub is emphasized, as it serves as a critical node for building a strategic recycling resource supply chain [4]. Group 6: Future Implications - The collaboration with JinJing New Energy is expected to provide Tianqi Lithium with access to a comprehensive international infrastructure, facilitating the establishment of a green recycling channel for battery materials [5]. - The trend towards battery recycling is becoming essential for internationalization in the new energy sector, suggesting that more upstream lithium resource companies will seek partnerships with JinJing New Energy [5].

作为全球锂资源的龙头企业，天齐锂业（002466）(09696)的一举一动都被市场格外关注，而于近期发 生的两件大事，表明了其在资源布局上的最新战略意图。 1月28日，天齐锂业发布公告称，其全资子公司天齐智利在智利最高法院的终审判决中败诉。这意味着 天齐锂业在SQM这家核心公司中的治理话语权和未来收益的确定性或将出现下降。 虽然天齐锂业于公告中表示，此次败诉对公司当前的利润没有重大直接影响，但市场普遍认为，从长远 来看，天齐锂业在全球最大锂盐湖——阿塔卡马盐湖中的投资回报潜力和资源影响力正面临实质性挑 战。 而就在这份败诉公告发布的当天，天齐锂业便迅速展开另一项关键布局——与全球循环经济产业中的领 先玩家晋景新能(01783)正式签署了《战略框架合作协议》。 智通财经APP观察到，晋景新能于1月30日发布自愿性公告称，其已于1月28日与天齐锂业的全资附属公 司Tianqi Grand Vision Energy Limited(以下简称"Tianqi Grand")达成战略合作，双方将共同构建锂电池绿 色循环产业链，推动产业闭环与资源高效回收。 对于天齐锂业而言，随着公司在海外核心资源(如智利阿塔卡马盐湖)面 ...

Group 1 - The core viewpoint of the news highlights the strong performance of rare metal ETFs and the underlying stocks, with the CSI Rare Metals Theme Index rising by 1.05% as of February 3, 2026, and the rare metal ETF fund increasing by 0.84% [1] - The top ten weighted stocks in the CSI Rare Metals Theme Index account for 59.71% of the index, with significant contributors including Luoyang Molybdenum, Northern Rare Earth, and Ganfeng Lithium [1] - The strategic attributes of minor metals are becoming increasingly prominent, with tungsten prices rising due to supply constraints and strong demand, while uranium prices are expected to continue increasing due to rigid supply and accelerated nuclear power construction [1] Group 2 - Dongfang Securities emphasizes the clear investment value of core lithium and cobalt stocks, suggesting active positioning despite short-term price corrections due to regulatory impacts and market fluctuations [2] - The lithium market is projected to have a significant gap by 2026, with rising raw material costs and limited supply contributing to an upward trend in lithium prices [2] - The rare metal ETF fund tracks the CS Rare Metal Index, which primarily allocates to lithium carbonate, minor metals, and rare earths, making it an excellent investment tool for market participants looking to invest in the rare metal sector [2]

Group 1 - The core viewpoint of the article highlights the performance of the Huatai-PineBridge ETF (159652) in the non-ferrous metals sector, which opened with a gain of 3.96% at 1.891 yuan [1] - The ETF's major holdings include Zijin Mining, which rose by 3.36%, Luoyang Molybdenum by 3.12%, Northern Rare Earth by 2.41%, and others, indicating a positive trend in the sector [1] - The ETF has a performance benchmark based on the CSI Sub-Industry Non-Ferrous Metals Theme Index, managed by Huatai-PineBridge Fund Management Co., Ltd., with a return of 89.27% since its inception on January 16, 2023, and a monthly return of 13.04% [1] Group 2 - Notable stock movements include Ganfeng Lithium increasing by 2.91%, while Shandong Gold experienced a decline of 7.33%, and Zhongjin Gold fell by 8.16%, reflecting volatility within the sector [1] - The article provides a snapshot of the ETF's performance and its key holdings, which are crucial for investors looking at opportunities in the non-ferrous metals market [1]

Core Viewpoint - Tianqi Lithium is currently operating its lithium salt production bases as planned and is on track to meet its production goals for 2025 [1] Group 1 - The company has achieved a high capacity utilization rate for its projects that are already in production [1] - Tianqi Lithium will continue to closely monitor changes in downstream demand and market dynamics [1] - The company plans to flexibly adjust its production and sales strategies to ensure stable operations [1]

Core Viewpoint - Tianqi Lithium Industry stated that the company's performance for 2026 will be disclosed in future periodic reports, indicating that stock price fluctuations are influenced by multiple factors including macro environment, industry cycles, market sentiment, and investor expectations, rather than being directly related to trading suspensions [1] Group 1 - The company emphasizes strict compliance with the Shenzhen Stock Exchange's listing rules and related laws regarding information disclosure and trading suspension management [1] - For the fiscal year 2025, the company confirmed that there are no circumstances that would require a trading suspension check without actually suspending trading [1] - The company is committed to protecting the legitimate rights and interests of minority shareholders and aims to maintain a fair and orderly market environment [1]

Core Viewpoint - Tianqi Lithium has established a comprehensive commodity futures hedging management system to mitigate potential risks from price fluctuations of its main products [1] Group 1 - The company has a professional management team dedicated to the commodity futures hedging strategy [1] - The board of directors approved a proposal for conducting lithium carbonate commodity futures hedging business in March 2025 [1] - The company strictly adheres to the authorized limits set by the board and bases its hedging strategies on actual production and business needs [1] Group 2 - The company formulates hedging strategies around its spot risk exposure [1] - The operational execution of the hedging business is aligned with the company's production and operational requirements [1]

（编辑 姚尧） 证券日报网讯 2月2日，天齐锂业在互动平台回答投资者提问时表示，为减少公司主营产品价格波动对 公司经营带来的潜在风险，公司建立了较为完善的商品期货套期保值管理制度，并配备了相应的专业管 理团队。公司董事会于2025年3月审议通过了《关于开展碳酸锂商品期货套期保值业务的议案》。在具 体执行层面，公司严格遵守董事会授权额度范围，坚持以实际生产经营及业务需求为基础，围绕现货风 险敞口制定套保策略，开展套期保值业务操作。公司套期保值业务的具体开展情况及相关损益情况，请 关注公司后续披露的定期报告。此外，公司已在《商品期货及衍生品套期保值业务管理制度》及相关内 部制度中系统明确了开展套期保值业务的岗位设置及职能职责、审批权限、风险测算及处理、定期报告 义务等风控措施，具体内容请以公司在巨潮资讯网披露的相关制度文件为准。 ...