ZANGGE MINING(SZ:000408) Ju Chao Zi Xun·2025-10-14 03:56Core Viewpoint - Cangge Mining announced the resumption of lithium resource development activities by its wholly-owned subsidiary, Golmud Cangge Lithium Industry Co., Ltd., following approval from local authorities [2] Group 1: Resumption of Operations - Golmud Cangge Lithium Industry received approval from Haixi Prefecture Natural Resources Bureau and Haixi Salt Lake Management Bureau to resume lithium resource development [2] - The resumption is based on the acquisition of mining rights and licenses, with operations officially restarting on October 11, 2025 [2] - The company had previously been ordered to halt operations on July 16, 2025, for a temporary period of 87 days [3] Group 2: Production and Sales Outlook - Cangge Lithium planned to achieve a lithium carbonate production and sales target of 11,000 tons in 2025, with 5,170 tons produced and 4,470 tons sold in the first half of the year [3] - The company will adjust its production and sales plans based on the remaining effective production time in 2025 [3] - Initial estimates suggest that the temporary halt will have a minimal impact on the company's overall performance for 2025 [3] Group 3: Operational Improvements - During the temporary shutdown, the company focused on key maintenance tasks, safety improvements, and employee training to enhance operational efficiency [2] - Measures will be taken to ensure stable equipment operation and to adapt sales strategies based on customer demand [3] - The company aims to minimize the impact of reduced lithium carbonate production and sales on its financial performance by lowering production costs and increasing profit margins [3]