Core Viewpoint - The control of Cangge Mining has shifted to Zijin Mining Group, which now holds 26.18% of the shares and has achieved financial consolidation despite not owning a majority stake [1][3][4]. Group 1: Control Transfer and Shareholding Changes - Zijin Mining completed the acquisition of Cangge Mining's control within four months, spending 137.29 billion yuan to acquire approximately 392 million shares at 35 yuan per share, representing 24.98% of Cangge Mining's total equity [3][4]. - Following the transfer, the shareholding of the original controller, Xiao Yongming, decreased to 20.13%, with voting rights at 15.1%, while Zijin Mining's voting rights increased to 26.18% [4]. - The board of directors of Cangge Mining underwent significant changes, with most seats now held by Zijin Mining personnel, indicating a complete shift in governance [5][6]. Group 2: Financial Performance and Market Context - Cangge Mining, a key player in the lithium mining sector, reported a total revenue of 32.51 billion yuan in 2024, a decrease of 37.79% year-on-year, and a net profit of 25.80 billion yuan, down 24.56% [7]. - The decline in revenue was attributed to falling prices of potassium chloride and lithium carbonate, with the average market price for lithium carbonate dropping by 67.04% to 90,100 yuan per ton in 2024 [7][8]. - Despite the downturn, analysts project steady growth for Cangge Mining, with expected revenues of 33.39 billion yuan, 39.88 billion yuan, and 48.63 billion yuan from 2025 to 2027, reflecting a compound annual growth rate [7].

今年，全球矿业巨头紫金矿业（601899.SH，股价17.76元，市值4720亿元）和盐湖巨头藏格矿业 （000408.SZ，股价36.89元，市值579.26亿元）进行了一次重磅"联姻"，前者收购了后者实际控制权。 随着股权变更完成登记，藏格矿业控制权转让一事也尘埃落定。同时，藏格矿业董事会也即将迎来换 届，吴健辉、曹三星、李健昌、张立平四名具有"紫金"背景的人士被提名为董事候选人，藏格矿业现任 董事长弟弟肖瑶也被提名为董事候选人。不过，藏格矿业现任董事长肖宁并未进入新一届董事候选人 中。 5月6日晚间，记者从藏格矿业管理层人士处获悉，新一届董事长将由"紫金"方面派遣，公司现有管理层 则保持稳定。记者注意到，"紫金"方面推荐的部分藏格矿业董事会成员拥有西藏巨龙铜业有限公司（以 下简称巨龙铜业）或与西藏盐湖产业相关的背景。 新一届董事候选人大多有"紫金"背景 5月6日晚间，藏格矿业和紫金矿业同步公告，紫金矿业全资子公司紫金国际控股有限公司（以下简 称"紫金国际控股"）收到中国证券登记结算有限责任公司出具的《证券过户登记确认书》，确认西藏藏 格创业投资集团有限公司（以下简称"藏格创投"）、四川省永鸿实业有限公司 ...