Investment Rating - Maintains an "Overweight" rating [3][4] Core Views - The company's performance was impacted by the decline in lithium prices, but the long-term growth prospects of the new energy industry remain strong, supporting the "Overweight" rating [3] - The company is a leader in the industry and continues to expand its global lithium resource layout and advance its integrated industrial chain [3] Financial Performance - 2023 revenue: HKD 36.384 billion, a year-on-year decrease of 22.29% [3] - 2023 net profit: HKD 5.459 billion, a year-on-year decrease of 76.00% [3] - Q4 2023 revenue: HKD 8.044 billion, a year-on-year decrease of 49.44% and a quarter-on-quarter decrease of 2.06% [3] - Q4 2023 net profit: HKD -1.173 billion [3] - Lithium salt product gross margin: 12.53%, a year-on-year decrease of 43.58 percentage points [3] - Lithium battery product gross margin: 17.96%, a year-on-year increase of 0.11 percentage points [3] Production and Sales - Lithium salt product production: 104,300 tons LCE, a year-on-year increase of 7.25% [3] - Lithium salt product sales: 101,800 tons LCE, a year-on-year increase of 4.57% [3] - Lithium salt product inventory: 7,200 tons LCE, a year-on-year increase of 50.76% [3] - Power and energy storage lithium battery production: 10.62 GWh, a year-on-year increase of 56.46% [3] - Power and energy storage lithium battery sales: 8.20 GWh, a year-on-year increase of 20.38% [3] - Power and energy storage lithium battery inventory: 3.29 GWh, a year-on-year increase of 278.08% [3] Global Resource Expansion - Subscribed to no less than 14.8% of the shares of Argentina's salt lake lithium mining company PGCO [3] - Increased lithium spodumene supply from Australian miner Pilbara to 260,000-310,000 tons annually for the next three years [3] - Increased equity stake in Mali Lithium's Goulamina project to 55% through subsidiary Ganfeng International [3] Integrated Industrial Chain Development - Signed a long-term supply agreement with Hyundai Motor Company for battery-grade lithium hydroxide [3] - Invested in the construction of a 5GWh lithium battery production base in Nanchang [3] - Signed a framework agreement with Hohhot government for a 20GWh lithium battery production project [3] - Established Jiangxi Ganfeng Environmental Protection Co Ltd to promote the recycling of lithium smelting slag [3] Market Data - Current stock price: HKD 23.95 [4] - 52-week price range: HKD 19.62-58.40 [5] - Current shares outstanding: 2,017 million [5] - Current market capitalization: HKD 48,311 million [5]

证券代码：002460 证券简称：赣锋锂业 编号：临2024-025 江西赣锋锂业集团股份有限公司 关于股东部分股份质押的公告 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 公司股东李良彬先生和王晓申先生将其持有的公司部分股份质押的 通知，具体情况如下： 一、股东股份质押的基本情况 1、李良彬先生及其一致行动人累计质押股数为124,208,000股， | 股东 | 是否为第 | 质押 股数 | 占其所 | 占公司 | 是否 | 是否为 | 质押开 | 质押解 | 质权 | 资金 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 一大股东 及一致行 | （万 | 持股份 | 总股本 | 为限 | 补充质 | 始日期 | 除日期 | 人 | 用途 | | | 动人 | | 比例 | 比例 | 售股 | 押 | | | | | | | | 股） | | | | | | | | | | 李良彬 | | | ...

Financial Performance - The company reported a total revenue of RMB 10.5 billion for the year 2023, representing a year-on-year increase of 25%[23]. - The company's operating revenue for 2023 was approximately ¥32.97 billion, a decrease of 21.16% compared to ¥41.82 billion in 2022[31]. - The net profit attributable to shareholders for 2023 was approximately ¥4.95 billion, down 75.87% from ¥20.50 billion in 2022[31]. - The net profit after deducting non-recurring gains and losses was approximately ¥2.68 billion, a decline of 86.59% from ¥19.95 billion in 2022[31]. - The cash flow from operating activities for 2023 was approximately ¥146.48 million, a significant drop of 98.83% compared to ¥12.49 billion in 2022[31]. - The total assets at the end of 2023 were approximately ¥91.70 billion, an increase of 15.84% from ¥79.16 billion at the end of 2022[31]. - The net assets attributable to shareholders at the end of 2023 were approximately ¥47.03 billion, up 6.79% from ¥44.04 billion at the end of 2022[31]. - The company reported a significant non-recurring loss of approximately ¥2.27 billion in 2023, compared to ¥551.23 million in 2022[38]. - The company’s net profit for the year was ¥4,575,247,386.04, with significant adjustments leading to a difference of ¥4,428,766,692.83 from the net cash flow from operating activities[138]. - The company reported a total revenue of 46,659 million yuan for the year 2023, representing a 0.78% increase compared to the previous year[155]. Market Trends and Demand - The lithium industry is experiencing increased demand driven by the rapid growth of electric vehicle and energy storage battery markets, influenced by government policies promoting new energy vehicles[5]. - The global lithium resource demand in 2023 is estimated at 1,005,000 tons LCE, with the electric vehicle sector accounting for 56% and energy storage for 15%[53]. - In 2024, global lithium resource demand is projected to increase to 1,218,000 tons LCE, with the electric vehicle sector's share rising to 58% and energy storage to 16%[53]. - The global sales of new energy vehicles in 2023 are expected to increase by 30%, reaching 15.1 million units, with a penetration rate of 17.76%[56]. - The lithium market has shifted from supply tightness to oversupply in 2023, leading to fluctuating prices influenced by demand and inventory management strategies[50]. Production and Capacity - Ganfeng Lithium's lithium carbonate production capacity reached 50,000 tons, with plans to expand to 100,000 tons by 2025[30]. - The company is actively pursuing strategic acquisitions to enhance its resource base and market position, including potential partnerships in South America[30]. - The company has established multiple production bases for lithium compounds and batteries across various locations in China, enhancing its production capabilities[104]. - The company aims to expand its production capacity while managing inventory effectively in response to market demand fluctuations[104]. - The company is expanding its lithium battery segment, with plans for a new 6GWh lithium battery production project in Jiangxi and increasing the capacity of an existing project in Chongqing from 10GWh to 20GWh[166]. Research and Development - Ganfeng Lithium has invested RMB 1.2 billion in R&D for new lithium extraction technologies, aiming to improve efficiency by 15%[30]. - The company has authorized 220 national patents in 2023, including 32 invention patents, bringing the total to 728 patents[118]. - The company is in the research phase for several new products, including manganese-based lithium-ion materials and aluminum-based adsorbents, aimed at optimizing product structure and improving market competitiveness[132]. - The company is enhancing its R&D capabilities by collaborating with domestic and international research institutions to develop new products and technologies, including solid-state lithium batteries and lithium recycling methods[168]. Sustainability and Environmental Impact - The company emphasizes the importance of safety and environmental protection in its operations, implementing a comprehensive safety responsibility system and enhancing safety awareness training[10]. - The company acknowledges the potential impact of environmental regulations on its operations and is committed to compliance with all applicable laws and regulations[10]. - The company is focusing on sustainable practices, with a goal to recycle 50% of its lithium battery materials by 2025[30]. - The company has received various safety and environmental permits, ensuring compliance with regulatory standards for its operations[89]. - The company achieved a green electricity consumption rate of over 40% of its total electricity usage, promoting clean energy utilization[180]. Strategic Partnerships and Acquisitions - The company has formed strategic partnerships with leading global battery suppliers and automotive OEMs, enhancing its market position and stability[70]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the lithium market[194]. - The company is actively pursuing market expansion through new projects and technological advancements, aiming to strengthen its competitive edge in the lithium industry[86]. - The company is actively pursuing non-equity investments, including a project in Olaroz Lithium, with a total investment of 828.36 million yuan and a completion rate of 94.38%[153]. Corporate Governance and Management - The actual controller of the company, Li Liangbin's family, holds 20.16% of the total shares, ensuring independent operation without interference in decision-making[174]. - The company has a complete corporate governance structure, including a shareholders' meeting, board of directors, and supervisory board, ensuring independence from the controlling shareholder[184]. - The company has established an independent financial accounting department with dedicated personnel and a standardized financial management system, ensuring independent financial decision-making[185]. - The company appointed Wang Xiaoshen as the new president on February 3, 2023, to enhance corporate governance and improve ESG performance[190]. - The company is focused on enhancing its corporate governance and management efficiency through these leadership changes[190].

江西赣锋锂业集团股份有限公司独立董事 2023 年度述职报告 （徐一新） 根据《上市公司独立董事管理办法》及《江西赣锋锂业集团股份 有限公司独立董事制度》，本人作为江西赣锋锂业集团股份有限公司独 立董事，现向董事会和股东大会提交年度述职报告，对履行职责的情 况进行说明。请予审查。 一、基本情况 （一）工作履历、专业背景以及兼职情况 徐一新女士，1970 年出生，二级律师（副高），现任：江西豫章律 师事务所高级合伙人，妇联主席，江西省第十四届人大代表，南昌市 第十五届政协委员；南昌仲裁委员会仲裁员；江西省人民政府行政复 议机构第一届行政复议委员会委员；江西省高级人民法院司法监督 员；南昌市法学会首席法律咨询专家；国家税务总局南昌市税务局特 约监督员；江西省律协常务理事；南昌市律协刑事专业委员会主任， 南昌市律师行业妇联副主席；第十届全国律协婚姻家事委员会委员； 江西科技师范大学客座教授、MBA 校外硕导；江西师大法律硕士专业 学位研究生导师；江西卫视金牌调解观察员、调解员；南昌市涉案企 业合规第三方监督评估机制专业人员；南昌市新的社会阶层人士联谊 会第三届监事会副监事长；江西省第三届法官、检察官遴选委员会委 员 ...

江西赣锋锂业集团股份有限公司独立董事 2023 年度述职报告 （徐光华） 根据《上市公司独立董事管理办法》及《江西赣锋锂业集团股份 有限公司独立董事制度》，本人作为江西赣锋锂业集团股份有限公司独 立董事，现向董事会和股东大会提交年度述职报告，对履行职责的情 况进行说明。请予审查。 一、基本情况 （一）工作履历、专业背景以及兼职情况 本人徐光华，1981 年出生，法学博士、博士后，现任华东政法大 学刑事法学院教授、博士生导师，兼任国际刑法学会中国分会理事、 中国刑法学研究会理事、江西省犯罪学研究会理事、南昌仲裁委员会 仲裁员、美国密苏里大学堪萨斯分校访问学者、澳门科技大学客座教 授、安源煤业集团股份有限公司独立董事、江西盛富莱光学科技股份 有限公司独立董事。于 2020 年 3 月起任公司第五届董事会独立董事。 （二）独立性说明 本人不在赣锋锂业担任除董事外的其他职务，与赣锋锂业及其主 要股东不存在直接或者间接利害关系，或者其他可能影响其进行独立 客观判断关系；独立履行职责，不受赣锋锂业及其主要股东等单位或 者个人的影响。2023 年，本人对独立性情况进行了自查，确认已满足 适用的各项监管规定中对于出任赣锋锂业 ...

证券代码：002460 证券简称：赣锋锂业 编号：临2024-022 江西赣锋锂业集团股份有限公司 关于增发公司H股股份一般性授权的公告 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。 江西赣锋锂业集团股份有限公司（以下简称"公司"）于2024 年3月28日召开的第五届董事会第七十五次会议审议通过了《关于增 发公司H股股份一般性授权的公告》，董事会提请公司2023年年度股 东大会授权董事会并由董事会转授权董事长及其授权人士决定单独 或同时配发、发行及处理不超过本公司已发行H股股份数量的20%的 H股或可转换成该等股份的证券、购股权、认股权证或可认购公司H 股的类似权利（以下简称"一般性授权"）。具体授权如下： 一、一般及无条件授权董事会并由董事会转授权董事长及其授权 人士决定单独或同时配发、发行及处理H股或可转换成该等股份的证 券、购股权、认股权证或可认购公司H股的类似权利（以下简称"类 似权利"），及决定配发、发行及处理新股或类似权利的条款及条件， 包括但不限于以下条款： 1、拟发行的新股的类别及数目； 2、新股的定价方式及/或发行价格（包括价格区间）； 3、开 ...

| 序号 | 事项 | 自查结果 | | | | | | --- | --- | --- | --- | --- | --- | --- | | 在上市公司或者其附属企业任职的人员及其配偶、父母、子女、主要 | 是 | 否 | 1 |  | 社会关系； | | | 直接或者间接持有上市公司已发行股份百分之一以上或者是上市公 | 是 | 否 | 2 |  | 司前十名股东中的自然人股东及其配偶、父母、子女； | | | 在直接或者间接持有上市公司已发行股份百分之五以上的股东或者 | 是 | 否 | 3 |  | 在上市公司前五名股东任职的人员及其配偶、父母、子女； | | | 在上市公司控股股东、实际控制人的附属企业任职的人员及其配偶、 | 是 | 否 | 4 |  | 父母、子女； | | | 与上市公司及其控股股东、实际控制人或者其各自的附属企业有重大 | 业务往来的人员，或者在有重大业务往来的单位及其控股股东、实际 | 是 | 否 | 5 |  | | | 控制人任职的人员； | | | | | | | | 为上市公司及其控股股东、实际控制人或者其各自附属企业提供财 | 务、法律、咨询 ...

关于申请发行境内外债务融资工具一般性授权的公告 证券代码：002460 证券简称：赣锋锂业 编号：临2024-023 江西赣锋锂业集团股份有限公司 1、发行债务融资工具的主要条款 （1）债务融资工具的种类：有关债务融资工具包括但不限于短期 融资券、超短期融资券、中期票据、非公开定向债务融资工具、企业 债券、公司债券、H股可转换债券、境外人民币债券和外币债券、永 续债券及监管机构许可发行的其他境内外人民币或外币债务融资工 具。 （2）发行规模：本次授权境内外债务融资工具的发行规模为合计 不超过人民币100亿元或等值外币（以发行后待偿还余额计算，以外 币发行的，按照该次发行日中国人民银行公布的汇率中间价折算）， 可在授权有效期内一次或分次发行。 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"）于2024 年3月28日召开的第五届董事会第七十五次会议审议通过了《关于申 请发行境内外债务融资工具一般性授权的议案》，为满足本公司业务 发展的需要，降低融资成本，及时把握市场有利时机，根据《公司法》 等相关法律法规、公司股票上市地 ...

一、证券投资审议批准情况 江西赣锋锂业集团股份有限公司 关于2023年度证券投资情况的专项说明 根据《深圳证券交易所股票上市规则》及《深圳证券交易所上市 公司自律监管指南第1号——业务办理》有关规定的要求，江西赣锋 锂业集团股份有限公司（以下简称"公司"）董事会对2023年度证券 投资情况进行了认真核查，现将有关情况说明如下： 三、投资风险及风险控制措施 1、投资风险 单位：元 资产类别 初始投 资成本 本期公允 价值变动 损益 计入权益的 累计公允价 值变动 报告期内购 入金额 报告期内 售出金额 累计投资 收益 期末金额 资金来源 股票 69,094,8 79.65 -42,281,019 .76 370,226,826. 19 - 10,909,17 3.92 -44,306,9 78.15 106,872,2 26.58 自有资金 其他 2,679,15 0,398.15 618,286,04 4.23 3,494,662,32 8.63 50,000,000.0 0 383,946,2 49.89 827,999,2 59.82 5,311,161, 167.23 自有资金 金融衍生工具 - - - ...

江西赣锋锂业集团股份有限公司 2023 年可持续发展报告 1 | | | | 关于本报告 | 01 | | --- | --- | | 董事长致辞 | 02 | | 董事会声明 | 03 | | 公司简介 | 04 | | 01 | 可持续发展管理 | 07 | | --- | --- | --- | | | ESG 治理与管理 | 08 | | | 实质性评估 | 08 | | | 利益相关方参与 | 10 | | 02 | 夯实公司治理 | 11 | | --- | --- | --- | | | 公司治理 | 12 | | | 风险管理 | 13 | | | 商业道德与反贪腐 | 14 | | 03 | 引领绿色发展 | 18 | | | 推动绿色科技创新 | 19 | | | 促进锂电市场发展 | 24 | | 04 | 聚焦产品责任 | 29 | | --- | --- | --- | | | 产品质量与安全 | 30 | | | 知识产权保护 | 33 | | | 客户服务与保障 | 33 | | | 可持续供应链 | 36 | | 05 | 共创生态文明 | 38 | | --- | --- | ...