赣锋锂业公告称，2025年3月10日公司董事会同意为子公司提供不超28亿元担保额度，4月2日经股东会 通过。近日，公司与某银行宜春分行签订合同，为全资子公司宜春银锂新能源提供两笔合计2.5亿元连 带责任担保，期限分别为2025.10.24 - 2026.04.24和2025.10.30 - 2026.10.29。截至公告披露日，公司实际 担保10.30亿元，占最近一期经审计归母净资产29.39%，无逾期等异常担保情形。 ...

Group 1 - Ganfeng Lithium announced the release of 4.6 million shares from pledge by shareholder Li Liangbin [1] - As of the announcement date, Li Liangbin and his concerted actors have a total of approximately 91.95 million pledged shares, accounting for 22.61% of his holdings and 4.46% of the company's total share capital [1]

证券代码：002460 证券简称：赣锋锂业 编号：临2025-130 江西赣锋锂业集团股份有限公司 关于股东部分股份解除质押的公告 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 到公司股东李良彬先生将其持有的公司部分股份解除质押的通知，具 体情况如下： | 熊剑浪 | 6,348,853 | 0.31% | 1,778,000 | 1,778,000 | 28.16% | 0.09% | 0 | 0 | 0 | 0 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 黄闻 | 16,349,805 | 0.80% | 0 | 0 | 0.00% | 0.00% | 0 | 0 | 0 | 0 | | 李良学 | 1,023,260 | 0.05% | 0 | 0 | 0.00% | 0.00% | 0 | 0 | 0 | 0 | | 李华彪 | 298,721 | 0.01% | 0 | 0 | 0.00% | 0 ...

Core Viewpoint - Ganfeng Lithium announced that shareholder Li Liangbin has released the pledge on 4.6 million shares, which represents 1.21% of his holdings and 0.22% of the company's total share capital [1] Summary by Categories - **Shareholder Actions** - Li Liangbin has released the pledge on 4.6 million shares [1] - After the release, Li Liangbin has a total of 90,170,000 shares pledged [1] - **Pledge Statistics** - The total pledged shares by Li Liangbin and his concerted actors amount to 91,948,000 shares [1] - This represents 22.61% of Li Liangbin's total holdings and 4.46% of the company's total share capital [1]

Core Points - Ganfeng Lithium announced that shareholder Li Liangbin has notified the company of the release of part of his pledged shares, totaling 4.6 million shares, which represents 1.21% of his holdings and 0.22% of the company's total share capital [1] - The pledge began on November 1, 2024, and will be released on October 31, 2025, with the pledgee being China Merchants Securities [1] - As of the announcement date, Li Liangbin and his concerted parties have a total of 91.948 million pledged shares, accounting for 22.61% of his holdings and 4.46% of the company's total share capital [1] - The release of the pledge has no impact on the company, and there is no risk of forced liquidation of the pledged shares [1]

大华继显将赣锋锂业H股评级从"持有"上调至"买入"。 ...

Core Viewpoint - Ganfeng Lithium is a leading player in the lithium industry, holding the position of the largest lithium compound producer in China and the third largest globally, with a vertically integrated business model [1] Group 1: Business Performance - In Q3 2025, Ganfeng Lithium achieved a revenue of 14.625 billion yuan, ranking first in the industry, significantly higher than the second-ranked Tianqi Lithium's 7.397 billion yuan, with the industry average at 4.714 billion yuan [2] - The net profit for the same period was -416 million yuan, placing the company seventh in the industry, while the top performer, Cangge Mining, reported a net profit of 2.743 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Ganfeng Lithium's debt-to-asset ratio was 57.59%, an increase from 47.17% in the previous year, exceeding the industry average of 35.00% [3] - The gross profit margin for Q3 2025 was 13.46%, up from 10.34% year-on-year, but still below the industry average of 27.27% [3] Group 3: Executive Compensation - The chairman, Li Liangbin, received a salary of 2.0146 million yuan in 2024, an increase of 334,100 yuan from 2023 [4] - The president, Wang Xiaoshen, earned 1.6311 million yuan in 2024, up by 383,700 yuan from the previous year [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 31.18% to 372,400, while the average number of circulating A-shares held per shareholder decreased by 23.77% to 3,243.14 [5] - Major shareholders included Hong Kong Central Clearing Limited, holding 69.1199 million shares, a decrease of 993,700 shares from the previous period [5] Group 5: Market Outlook - The company is expected to see significant growth in lithium salt sales, with projections of 170,000 to 180,000 tons for 2025, driven by a rebound in lithium prices [5] - Ganfeng Lithium's net profit forecasts for 2025 to 2027 are 430 million yuan, 2 billion yuan, and 3.2 billion yuan, respectively, with an "overweight" rating maintained [6]

Market Overview - The energy metals sector declined by 1.99% on October 31, with Ganfeng Lithium leading the drop [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Stock Performance - Notable gainers included Yongxing Materials, which rose by 7.29% to a closing price of 49.16, and Shengxin Lithium Energy, which increased by 3.03% to 25.50 [1] - Major decliners included Ganfeng Lithium, which fell by 4.63% to 69.02, and Tianqi Lithium, down 4.09% to 53.40 [2] Trading Volume and Capital Flow - The energy metals sector experienced a net outflow of 2.393 billion yuan from institutional investors, while retail investors saw a net inflow of 1.932 billion yuan [2] - The trading volume for Yongxing Materials was 710,100 shares, with a transaction value of approximately 3.489 billion yuan [1] Individual Stock Capital Flow - Ganfeng Lithium had a significant net outflow of 586.643 million yuan from institutional investors, while retail investors contributed a net inflow of 25.185 million yuan [3] - Shengxin Lithium Energy saw a net outflow of 405.228 million yuan from institutional investors, with retail investors contributing a net inflow of 6.547 million yuan [3]

Core Viewpoint - Ganfeng Lithium has established a comprehensive integrated layout for solid-state batteries and possesses commercialization capabilities, indicating a strong position in the battery industry [1] Group 1: Company Capabilities - The company has developed research and production capabilities in key areas of solid-state batteries, including sulfide electrolytes, oxide electrolytes, lithium metal anodes, battery cells, and battery systems [1] - Ganfeng Lithium has launched a flight series power supply suitable for low-altitude economy, with high energy density batteries ranging from 320Wh/kg to 550Wh/kg [1] Group 2: Product Performance - The batteries have a maximum cycle life of 1000 cycles and have passed the automotive standard GB38031-2020 [1] - The company has formed partnerships with well-known drone and eVTOL enterprises, enhancing its market presence and application potential [1]

Core Viewpoint - Ganfeng Lithium (002460.SZ) has developed a 324Wh battery pack that is now utilized in products such as quadruped robots and humanoid robots [1] Group 1 - The company has successfully integrated its 324Wh battery pack into various robotic applications [1]