从6.84亿元到1.77亿元，西藏矿业子公司100%股权还是没征到受让方公司：后续将适当安排与处置

Core Viewpoint - The company Tibet Mining is struggling to sell its subsidiary Baiyin Zabuye Lithium Industry Co., Ltd., which has become a financial burden due to continuous losses and failed attempts to find a buyer [1][3]. Group 1: Company Performance - Tibet Mining's market capitalization is 14.04 billion yuan, with a stock price of 26.96 yuan [1]. - In the first three quarters of the year, Tibet Mining reported revenue of 203 million yuan and a net profit of -72.17 million yuan, both showing a year-on-year decline [5]. Group 2: Asset Transfer Attempts - The company has been attempting to sell 100% of Baiyin Zabuye since 2022, initially listing it for 684 million yuan, but the price has been reduced to 177 million yuan by 2025 [1][3]. - The second round of public listing for Baiyin Zabuye ended without attracting any qualified buyers, leading to the automatic withdrawal of the project from the Shanghai United Assets and Equity Exchange [1][3]. Group 3: Financial Struggles of Baiyin Zabuye - Baiyin Zabuye was established in 2004 and has been unprofitable for years due to technical limitations and insufficient raw material supply, with revenue in 2024 projected to be less than 10,000 yuan and a net loss of 12.21 million yuan [2][4]. - The subsidiary has been non-operational since 2020, and its high production costs and negative gross margins have significantly impacted Tibet Mining's overall performance [4].