证券代码：002460 证券简称：赣锋锂业 编号：临2024-035 江西赣锋锂业集团股份有限公司 | 股东 | 是否为第一 | | 解除质押 | 占其所持 | 占公司总 | 质押开始日期 | 质押解除日期 | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 大股东及一 | | 股数 | 股份比例 | 股本比例 | | | | | | 致行动人 | | （万股） | | | | | | | 王晓申 | | 否 | 0.0001 | 0% | 0% | 2021年5月11日 | 2024年5月13日 | 海通证券 | | | | | 839.9998 | 5.94% | 0.42% | 办理质押手续 之日 | 2024年5月14日 | 海通证券 | 二、股东股份累计质押的情况 截至本公告披露日，上述股东所持质押股份情况如下： 股东 名称 是否为 第一大 股东及 一致行 动人 质押 股数 （万 股） 占其所 持股份 比例 占公司 总股本 比例 是否为 限售股 是否为 补充质 押 质押开始 日期 质押解除 日期 质权 人 资金 ...

证券代码：002460 证券简称：赣锋锂业 编号：临2024-034 江西赣锋锂业集团股份有限公司 关于股东部分股份质押和解除质押的公告 本公司及其董事会全体成员保证公告内容真实、准确和完整， 无虚假记载、误导性陈述或者重大遗漏。 江西赣锋锂业集团股份有限公司(以下简称"公司") 于近日接到 公司股东王晓申先生将其持有的公司部分股份进行质押和解除质押 的通知，具体情况如下： 一、股东股份质押和解除质押的基本情况 1、股东股份质押的基本情况 | 股东 | 是否为 | 质押 | 占其所 | 占公司 | | 是否为 | | | | 资金 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 第一大 | 股数 | 持股份 | 总股本 | 是否为 | 补充质 | 质押开始 | 质押解除 | 质权 | | | 名称 | 股东及 | （万 | | | 限售股 | | 日期 | 日期 | 人 | 用途 | | | 一致行 | | 比例 | 比例 | | 押 | | | | | | | 动人 | 股） | | | | | | | | ...

证券代码：002460 证券简称：赣锋锂业 编号：临2024-033 江西赣锋锂业集团股份有限公司 关于受让合资公司60%股权的公告 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。 一、交易概况 江西赣锋锂业集团股份有限公司（以下简称"公司"或"赣锋锂 业"）于2023年10月与贵州安达科技能源股份有限公司（以下简称"安 达科技"）签订了《战略合作协议》，双方将基于各自的产业优势， 共同成立合资公司以投资建设年产2万吨磷酸铁锂正极材料制造项 目，该合资公司注册资本5,000万元人民币，公司持股40%，安达科技 持股60%。同月，合资公司内蒙古自治区安达新能源科技有限公司（以 下简称"内蒙安达"）完成工商注册登记（详见公告编号：2023-106）。 近日，基于公司与安达科技的发展规划，经友好协商，公司与安 达科技签订了《股权转让协议》，安达科技将其持有内蒙安达60%股 权（未实缴出资）以1元的价格转让给公司，60%股权对应注册资本 为3,000万元人民币，后续将由公司承担出资义务。本次转让完成后， 公司将持有内蒙安达100%股权。 二、交易对手方的基本情况 1、基本 ...

[Table_MainInfo] 公司研究/有色金属/其他有色金属 证券研究报告 赣锋锂业（002460）公司跟踪报告 2024年05月07日 [Table_InvestInfo] 投资评级 优于大市 维持 优质锂资产助力公司跨越锂价周期 股票数据 [Table_Summary] 0[5Ta月b0le6_日S收to盘ck价（In元fo）] 36.37 投资要点： 52周股价波动（元） 30.80-70.50 总股本/流通A股（百万股） 2017/1209 总市值/流通市值（百万元） 73364/58639  赣锋锂业公布23年年报。公司2023年取得营收329.7亿元，同减21.2%； 相关研究 归母净利润49.5亿元，同减75.9%。公司23年四季度营收72.9亿元，同减 [《Ta锂b矿le盈_R利e能po力rtI助nf力o]公 司平抑锂价波动》 48.7%；归母净利润亏损10.6亿元。由于锂盐价格下跌，公司业绩承压。公 司拟向全体股东每10股派发现金红利8元。 2023.09.19 锂盐产能世界领先，实现垂直业务整合。公司是世界领先的锂生态企业，是  市场表现 全球锂行业唯一同时拥有“卤水提锂”、“矿 ...

证券代码：002460 证券简称：赣锋锂业 编号：临2024-031 江西赣锋锂业集团股份有限公司 第五届董事会第七十八次会议决议公告 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。 江西赣锋锂业集团股份有限公司（以下简称"公司"）第五届 董事会第七十八次会议于2024年4月30日以电话或电子邮件的形式发 出会议通知，于2024年5月6日以现场和通讯表决相结合的方式举 行。会议应出席董事10人，实际出席董事10人，会议由董事长李良 彬先生主持，会议符合《公司法》及《公司章程》的规定。会议审 议了所有议案，一致通过以下决议： 一、会议以 10 票赞成，0 票反对，0 票弃权，审议通过《关于收 购 Mali Lithium 公司部分股权涉及矿业权投资的议案》。 本次赣锋国际收购 Mali Lithium 公司 40%股权有利于公司取得 Goulamina 锂辉石矿项目的经营管理权，对推动 Goulamina 锂辉石矿 项目的开发建设有积极作用，有利于保障公司锂资源的需求，提高核 心竞争力，符合公司上下游一体化发展战略。不存在损害公司和全体 股东特别是中小股东利益的情形 ...

证券代码：002460 证券简称：赣锋锂业 编号：临2024-032 江西赣锋锂业集团股份有限公司 二、增持 Mali Lithium 股权进展情况 关于收购 Mali Lithium 公司部分股权涉及矿业权投资的公告 本公司及其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、本次交易标的为 Mali Lithium B.V.（以下简称"Mali Lithium"） 40%股权。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，本次交易无需提交公司股东大 会审议。 2、本次交易尚需取得 Leo Lithium Limited（以下简称"Leo Lithium"）股东会的批准，且尚需取得国家相关主管部门批准或核 准备案，以及取得马里政府的同意，存在不能获批的风险。 3、受国际政治、经济环境、产业政策、市场环境等方面的影响， 本次投资收益也存在一定的不确定性。 一、本次交易概述 公司于 2024 年 5 月 6 日召开的第五届董事会第七十八次会议审 议通过了《关于收购 Mali Lithium 公司部分股权涉及矿业权投资的议 ...

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected investment return exceeding 15% over the next 6-12 months [3]. Core Views - The company's performance in 2023 was significantly impacted by declining lithium prices and inventory impairment losses, leading to a 21.16% year-on-year decrease in revenue and a 75.87% drop in net profit [2][3]. - Despite the challenges, the company has plans to enhance its lithium production capacity, aiming for a total annual output of at least 600,000 tons of lithium products by 2030 [2]. - The company is also focusing on solid-state battery technology to gain a competitive edge in the market [2]. Financial Performance Summary - In 2023, the company reported revenue of 32.97 billion yuan, down from 41.82 billion yuan in 2022, with a net profit of 4.95 billion yuan compared to 20.50 billion yuan in 2022 [2][3]. - The first quarter of 2024 showed a revenue of 5.06 billion yuan, a 46.41% decline year-on-year, and a net loss of 439 million yuan [2]. - The company's earnings per share (EPS) for 2024 is projected to be 1.28 yuan, with a net profit forecast of 2.58 billion yuan [3][8]. Market Position and Strategy - The company is actively expanding its global resource base, with ongoing projects in lithium brine and spodumene production [2]. - The company has reported a significant increase in battery shipments, with a year-on-year growth of 56.46% in energy storage lithium batteries and 71.53% in consumer electronics lithium batteries [2]. - Plans for lithium battery recycling are underway, with an expected recovery rate of 30% in the future [2].

[Table_Page] 季报点评|有色金属 证券研究报告 [赣Table_锋Title] 锂业(002460.SZ/01772.HK) 公[Ta司ble评_Inv级est ] 买入-A/买入-H 当前价格 36.59元/23.35港元 锂价趋稳+自供率提升，盈利有望继续改善 合理价值 39.98元/25.51港元 前次评级 买入/买入 [Table_Summary] 核心观点： 报告日期 2024-04-30  Q1 归母净利润-4.4 亿元，亏损程度环比改善。据一季报，Q1 公司实 [相Tab对le_P市icQ场uote表] 现 现营收50.6亿元，同比降46%，环比降31%；毛利3.1亿元，同比降 91%，环比增 209%；归母净利润-4.4 亿元，同比降 118%，环比增 10% -2% 59%；扣非归母净利润-2.5亿元，同比降112%，环比增85%。截至一 05/23 07/23 09/23 10/23 12/23 02/24 04/24 -15% 季度末，公司资产负债率43.22%，较年初增0.27PCT。业绩环比亏损 -27% 程度有所改善，主要系锂价趋稳、成本倒挂缓解、毛利提升。 -40% ...

Financial Performance - The company's operating revenue for Q1 2024 was ¥5,057,894,510.44, a decrease of 46.41% compared to the same period last year[4] - The net profit attributable to shareholders was -¥438,901,866.58, representing a decline of 118.31% year-over-year[4] - The company reported a comprehensive loss of CNY -546,732,751.56 for Q1 2024, compared to a comprehensive income of CNY 1,836,851,757.06 in the previous year[17] - Basic and diluted earnings per share for Q1 2024 were both CNY -0.22, compared to CNY 1.19 in Q1 2023[17] - The cash inflow from operating activities was CNY 6,476,823,773.54, a decrease of 46.0% compared to CNY 12,183,086,187.91 in the previous period[19] - The company received CNY 6,144,234,199.45 from sales of goods and services, a decline of 48.3% from CNY 11,858,634,106.33 in the previous period[19] Cash Flow - The net cash flow from operating activities was ¥118,855,695.01, a significant improvement of 103.75% compared to -¥3,169,082,963.04 in the previous year[8] - The company experienced a 65.64% decrease in net cash flow from financing activities, totaling ¥1,573,640,963.14[8] - The cash outflow for investing activities totaled CNY 2,296,550,716.83, compared to CNY 3,392,119,004.93 in the previous period, indicating a reduction in investment spending[20] - The total cash and cash equivalents at the end of the period were CNY 8,921,539,762.30, down from CNY 7,950,070,822.80 at the end of the previous period[20] Assets and Liabilities - The total assets at the end of Q1 2024 were ¥95,563,417,766.95, an increase of 4.22% from the end of the previous year[4] - Total liabilities rose to CNY 41,306,477,399.23 in Q1 2024, compared to CNY 39,382,038,192.52 in Q1 2023, an increase of 4.9%[15] - The total equity attributable to shareholders increased to CNY 47,978,285,617.95 from CNY 47,034,107,033.38, reflecting a growth of 2.0%[15] Research and Development - Research and development expenses decreased by 44.67% to ¥216,843,411.11, primarily due to lower material costs influenced by falling lithium product prices[6] - Research and development expenses for Q1 2024 were CNY 216,843,411.11, down 44.6% from CNY 391,927,028.05 in Q1 2023[16] Investments and Acquisitions - The company plans to acquire up to 5% equity in Mali Lithium for a maximum of $6.5 million to enhance its mining rights investment[12] - The company is set to invest up to $7 million to acquire at least 14.8% of PGCO's shares, aimed at developing the lithium salt lake project in Argentina[12] - The company has established a joint investment fund with local authorities and partners, committing up to ¥20 million for innovation in technology[12] Inventory and Current Assets - The total current assets as of March 31, 2024, amounted to approximately ¥25.67 billion, a decrease from ¥28.18 billion at the beginning of the period[13] - The company's inventory as of March 31, 2024, was approximately ¥6.97 billion, compared to ¥8.26 billion at the beginning of the period[13] - The company reported a long-term investment of approximately ¥14.23 billion as of March 31, 2024, reflecting its commitment to strategic growth[13] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 314,480, with the largest shareholder holding 20.00% of the shares[8] Other Financial Metrics - The weighted average return on equity was -0.93%, down from 5.31% in the previous year[4] - The company reported a significant loss in fair value changes of financial assets amounting to -¥268,863,798.84, a decline of 274.78% year-over-year[6] - Investment income from joint ventures and associates decreased to CNY 253,843,281.69 from CNY 478,536,236.60, a decline of 47.1%[15]

Financial Performance - Operating revenue for the first quarter was RMB 5.06 billion, a decrease of 46.41% compared to RMB 9.44 billion in the same period last year[6]. - Net profit attributable to shareholders was a loss of RMB 438.90 million, down 118.31% from a profit of RMB 2.40 billion in the previous year[6]. - Basic and diluted earnings per share were both -RMB 0.22, a decline of 118.49% from RMB 1.19 in the same period last year[6]. - The company experienced a significant decline in lithium product sales prices, impacting overall revenue performance[9]. - The operating profit for the current period was -499,748,139.23, compared to 2,353,962,190.52 in the same period last year, indicating a significant decline[32]. - The net profit attributable to the parent company was -438,901,866.58, down from 2,396,600,665.19 year-over-year[33]. - The total comprehensive income for the current period was -546,732,751.56, compared to 1,836,851,757.06 in the previous year[33]. - The total profit for the current period was -499,783,258.17, compared to 2,353,751,005.50 in the previous year[32]. Cash Flow - Cash flow from operating activities showed a net inflow of RMB 118.86 million, a significant recovery from a net outflow of RMB 3.17 billion in the previous year[6]. - Net cash flow from operating activities improved by 103.75% to ¥118,855,695.01, driven by reduced purchases and tax payments[11]. - Cash inflows from operating activities were 6,144,234,199.45, down from 11,858,634,106.33 year-over-year[34]. - Cash outflows from investing activities totaled 2,296,550,716.83, compared to 3,392,119,004.93 in the previous year, resulting in a net cash flow from investing activities of -2,079,431,243.89[39]. - Cash inflows from financing activities were 5,030,908,940.98, down from 7,097,183,241.00 year-over-year[40]. - The net increase in cash and cash equivalents at the end of the period was 8,921,539,762.30, compared to 7,950,070,822.80 in the previous year[40]. Assets and Liabilities - Total assets as of March 31, 2024, amounted to RMB 95.56 billion, representing a 4.22% increase from RMB 91.70 billion at the end of the previous year[4]. - Total current assets amounted to approximately 25.67 billion RMB, down from 28.18 billion RMB at the beginning of the year, reflecting a decrease of about 5.4%[23]. - Cash and cash equivalents at the end of the reporting period were approximately 9.09 billion RMB, compared to 9.48 billion RMB at the beginning of the year, indicating a decrease of about 4.2%[23]. - Total liabilities increased to ¥41,306,477,399.23 from ¥39,382,038,192.52, marking a rise of about 4.9%[26]. - Long-term employee compensation liabilities increased by 41.12% to RMB 16.12 million, attributed to provisions for long-term employee compensation[9]. Expenses - Total operating costs decreased to ¥4,744,860,206.22 from ¥5,915,014,397.62, a reduction of about 19.8%[29]. - Sales expenses rose by 42.02% to RMB 42.49 million, primarily due to increased sales volume-related costs[9]. - Management expenses surged by 102.27% to RMB 304.85 million, driven by employee stock incentive plan costs and increased management costs due to company expansion[9]. - R&D expenses decreased by 44.67% to ¥216,843,411.11 due to lower material costs influenced by lithium product price drops[10]. - Financial expenses increased by 50.48% to ¥209,405,597.98 primarily due to higher interest expenses and foreign exchange losses[10]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 314,434 for A-shares and 46 for H-shares[12]. - The largest shareholder, HKSCC Nominees Limited, holds 20.00% of shares, totaling 403,512,266[13]. - The second-largest shareholder, Li Liangbin, owns 18.77% with 378,637,819 shares, of which 283,970,864 are pledged[13]. Investments and Agreements - The company plans to acquire up to 5% equity in Mali Lithium B.V. for no more than $65 million, as approved in the board meeting on January 15, 2024[19]. - A long-term supply agreement was signed with Hyundai Motor Company for lithium hydroxide products, with annual supply quantities to be determined by final purchase orders[19]. - The company will jointly invest up to 20 million RMB to establish the Jiangxi Province Xinggan Technology Innovation Equity Investment Fund[20]. - The company intends to subscribe for no less than 14.8% of PGCO's newly issued shares, with the transaction price not exceeding $20 million, aimed at developing the Pastos Grandes lithium salt lake project in Argentina[21]. Other Information - The first quarter report has not been audited[41]. - The company will implement new accounting standards starting in 2024[41]. - The board of directors includes both executive and independent non-executive members[41]. - The chairman of the board is Li Liangbin[41]. - The announcement was made on April 29, 2024[41]. - The company is based in Jiangxi, China[41]. - The board consists of four executive directors and three independent non-executive directors[41]. - The report does not provide specific financial performance metrics or user data[41]. - There is no mention of future outlook or guidance in the document[41]. - No details on new products, technologies, market expansion, or mergers and acquisitions are provided[41].