Core Viewpoint - Cangge Mining announced a capital increase plan for the Cangqing Fund, raising the total scale from 5.31 billion to 6.71 billion yuan, with the company investing up to 660 million yuan to enhance its resource layout in lithium extraction from salt lakes and ensure good investment returns [1] Group 1: Fund Expansion - Cangge Mining's wholly-owned subsidiary, Cangge Mining Investment (Chengdu) Co., Ltd., and other partners signed a partnership agreement to expand the Cangqing Fund by 1.4 billion yuan [1] - The original limited partner, Ningbo Qingchuyulan Equity Investment Partnership, transferred its entire share in the Cangqing Fund to Jiangsu Shagang Group and withdrew from the partnership [1] Group 2: Investment Details - Cangge Mining Investment will increase its subscription to the Cangqing Fund by 660 million yuan, aiming to secure the value of previous investments and enhance the company's development capabilities in the lithium extraction sector [1] - The subscription details of the partners before and after the expansion are provided, showing the changes in their subscribed amounts and proportions [1] Group 3: Financial Performance - For the first three quarters of 2025, Cangge Mining reported revenues of 2.401 billion yuan and a net profit attributable to shareholders of 2.751 billion yuan [1]

Core Viewpoint - The company plans to invest up to 659 million yuan in the Jiangsu Cangqing Fund to enhance its investment value and overall returns while strengthening its competitive position in the lithium extraction sector from salt lakes [1] Investment Details - The investment will be made by the company's wholly-owned subsidiary, Cangge Mining Investment (Chengdu) Co., Ltd [1] - The funding for this investment will come from the company's own funds [1] Strategic Implications - The additional investment in the Jiangsu Cangqing Fund is expected to support the cultivation and development of operational projects [1] - This move aims to improve the company's sustainable development capabilities and comprehensive competitiveness in the lithium extraction industry [1]