智通财经APP讯，盐湖股份(000792.SZ)发布公告，公司拟以支付现金方式购买公司控股股东中国盐湖工 业集团有限公司(以下简称"中国盐湖")持有的五矿盐湖有限公司(以下简称"五矿盐湖"或"标的公司")51% 股权。本次交易以评估机构出具的评估报告为定价参考，并经交易双方协商，确定转让价格为人民币 46.05亿元(最终交易价格参照经有权国资监管机构备案的评估值确定)。本次交易完成后，五矿盐湖将成 为公司的控股子公司，并纳入公司合并报表范围。 本次交易完成后，双方可充分释放盐湖资源综合开发利用、科技创新等领域的协同效应，有效提升公司 的核心竞争力与产业吸引力，助力公司进一步发挥龙头引领作用，加快推进世界级盐湖产业基地建设。 标的公司注入上市公司后，将进一步扩大公司钾锂资源控制规模和产销规模，提升公司在盐湖资源开发 领域的行业影响力与市场话语权。此外，依托于五矿盐湖较为稳定的盈利能力，公司业绩规模与盈利稳 定性有望进一步提升，并为公司可持续高质量发展筑牢坚实基础。 五矿盐湖的主要产品为碳酸锂、磷酸锂、氢氧化锂和氯化钾，目前已建成碳酸锂产能1.5万吨/年、磷酸 锂产能0.2万吨/年、氢氧化锂产能0.1万吨/年以及 ...

五矿盐湖的主要产品为碳酸锂、磷酸锂、氢氧化锂和氯化钾，目前已建成碳酸锂产能1.5万吨/年、磷酸 锂产能0.2万吨/年、氢氧化锂产能0.1万吨/年以及钾肥产能30万吨/年。在生产经营方面，五矿盐湖锂盐 产品的收率、质量、成本等指标在盐湖行业领先。在研发技术方面，五矿盐湖承担国家重点研发计划项 目1项"盐湖资源开采与综合利用关键技术研究与示范"，参与国家级科研项目3项。近五年标志性科技成 果8项，其中"梯度耦合膜分离提锂技术""盐湖原卤短流程高效直接提锂关键技术及产业化应用"2项成果 水平达到国际领先；"盐湖原卤高效提锂技术研究"等2项达到国内领先水平，填补国内盐湖行业空白。 五矿盐湖主要通过一里坪盐湖从事盐湖锂、钾资源的开发，一里坪盐湖位于柴达木盆地中部盐湖带的中 西部，矿区面积为422.73平方千米，是一个以液体锂矿为主，共（伴）生有硼、钾、镁等有益组分的大 型综合性盐湖矿床。根据《青海省冷湖行委一里坪盐湖锂矿2024年储量年度报告》，截至2024年末，五 矿盐湖氯化锂保有资源量为164.59万吨，氯化钾保有资源量为1,463.11万吨。 格隆汇12月30日丨盐湖股份(000792.SZ)公布，为加快推进世界 ...

格隆汇12月30日｜盐湖股份(000792.SZ)公告称，公司拟以46.05亿元现金收购控股股东中国盐湖工业集 团有限公司持有的五矿盐湖有限公司51%股权。本次交易完成后，五矿盐湖将成为公司的控股子公司， 并纳入公司合并报表范围。五矿盐湖的主要产品为碳酸锂、磷酸锂、氢氧化锂和氯化钾，目前已建成碳 酸锂产能1.5万吨/年、磷酸锂产能0.2万吨/年、氢氧化锂产能0.1万吨/年以及钾肥产能30万吨/年。本次交 易完成后，双方可充分释放盐湖资源综合开发利用、科技创新等领域的协同效应，有效提升公司的核心 竞争力与产业吸引力，助力公司进一步发挥龙头引领作用，加快推进世界级盐湖产业基地建设。标的公 司注入上市公司后，将进一步扩大公司钾锂资源控制规模和产销规模，提升公司在盐湖资源开发领域的 行业影响力与市场话语权。 ...

Core Points - The company Qinghai Salt Lake Industry Co., Ltd. has won a gold and a bronze award at the "Green Electricity Cup" Youth Innovation and Creativity Competition in Qinghai Province for its innovative technologies in brine extraction [1][2] - The gold award-winning project focuses on a group well system for deep brine extraction, which enhances the efficiency and reduces the cost of extracting potassium and lithium resources from the salt lake [1] - The bronze award-winning project addresses the low efficiency of traditional brine extraction methods by utilizing a water injection device to improve the dissolution of potassium salts in deep layers [1] Company Initiatives - The company is committed to technological innovation and industrial upgrading, achieving breakthroughs in green extraction and comprehensive utilization of salt lake resources [2] - The recognition received reflects the company's ongoing efforts to strengthen its technological innovation system and adhere to the principles of "green, low-carbon, and efficient development" [2] - Future plans include leveraging youth innovation platforms to encourage more young talents to engage in technological research, aiming for a transition towards greener, smarter, and higher-end resource development [2]

Core Viewpoint - Qinghai Salt Lake Industry Co., Ltd.'s pilot base for salt lake resource development has been included in the list of technology achievement transformation platforms for 2025 in Qinghai Province, indicating a significant recognition of its capabilities in the industry [1] Group 1 - The pilot base is located in the Chaka Salt Lake area and covers a total area of 173,400 square meters [1] - The base has established a 6,000 square meter standardized factory and a 35 kV switch station with a load capacity of 10,000 kWh, providing a comprehensive hardware support system for stable pilot production [1] - As of the end of September, the expert apartment building at the pilot base has been completed and put into use, meeting the residential, office, and academic exchange needs of high-end scientific research talents [1] Group 2 - Since its operation, the pilot base has completed over 10 pilot projects, including the development of key technologies for direct lithium extraction from Chaka Salt Lake brine [1]

Core Insights - Qinghai's salt lakes, particularly Chaka and Qarhan, are not only major tourist attractions but also vital to the local economy and food security, with vast mineral resources that can sustain global salt consumption for 2000 years [2][4][10]. Group 1: Salt Lake Resources - Qinghai's salt lakes contain enough salt to feed the global population of 8 billion for 2000 years, with Chaka Lake alone having a proven salt reserve of 448 million tons [4][6]. - Qarhan Salt Lake, significantly larger at 5,856 square kilometers, has a total salt reserve exceeding 60 billion tons, including 42.62 billion tons of sodium chloride [6][9]. - The mineral resources in Qarhan include 540 million tons of potassium chloride, 1.65 billion tons of magnesium chloride, and 824,600 tons of lithium, making it a critical resource for various industries [8][9]. Group 2: Impact on Food Security - The salt lakes play a crucial role in China's food security by providing essential potassium for fertilizer production, which is vital for agricultural yields [10][23]. - China relies heavily on potassium imports, with domestic production only meeting about 50% of its needs, highlighting the strategic importance of Qinghai's salt lakes [14][22]. Group 3: Economic Development and Future Prospects - The Qinghai salt lake industry is projected to become a world-class industrial base, with targets set for production value to reach 34 billion yuan by 2025 and 120 billion yuan by 2035 [32][34]. - The development of lithium extraction technologies positions Qinghai as a key player in the global renewable energy sector, particularly in battery production [28][30]. - Qinghai's salt lake resources are seen as strategic assets, with potential applications across various sectors, including agriculture, new energy materials, and defense [26][34].

Group 1: Market Conditions and Company Response - The current lithium carbonate market is experiencing low price adjustments, but the long-term development trend of the new energy industry remains positive. The company is leveraging technological innovation and process optimization to maintain a competitive cost advantage in lithium carbonate production [1] - The company plans to enhance product quality and implement refined cost control measures, focusing on both technological upgrades and comprehensive cost monitoring to strengthen its market position [1] Group 2: Financial and Operational Updates - The company has integrated into the China Minmetals Corporation system as of 2025, marking a new chapter in high-quality development and ensuring stable production and sales of major products [3] - The company’s potassium fertilizer production capacity is 5 million tons, with a national reserve task of 500,000 tons [12] Group 3: Strategic Initiatives and Future Plans - The company is advancing its 40,000 tons/year lithium salt integration project, with significant progress in the core lithium extraction device, which has completed acceptance testing [5] - By 2030, the company aims to establish a production capacity of 10 million tons of potassium chloride and 200,000 tons of lithium carbonate, aligning with the strategic goals of its parent company [10] Group 4: Shareholder Engagement and Value Creation - The actual controller, China Minmetals Group, plans to increase its stake in the company by purchasing at least 211.66 million shares within six months to boost investor confidence [6] - The company is committed to a diversified dividend policy and aims to enhance shareholder returns through steady performance growth and effective capital management [12]

Core Viewpoint - Qinghai Province is positioned as a crucial ecological zone in China, emphasizing its role in ecological protection and high-quality development, particularly as the "water tower" of China [1][4]. Group 1: Ecological Protection and National Parks - Qinghai has established itself as the first pilot province for the national park system in China, focusing on ecological civilization and natural protection [2][3]. - The Three Rivers Source National Park integrates various types of natural reserves, covering an area of 272,200 square kilometers, which is 39.08% of the province's total land area [3]. - The park has seen significant improvements in water resources, biodiversity, and vegetation coverage, with the population of Tibetan antelope increasing from under 20,000 to over 70,000 [4]. Group 2: Economic Development and Green Transformation - Qinghai is pursuing a strategy to build a world-class salt lake industry, a national clean energy base, an international eco-tourism destination, and a source of green organic agricultural products [6][8]. - The Chaka Salt Lake, covering 5,856 square kilometers, is a key site for potassium fertilizer production, with a total salt resource reserve of 60 billion tons [6]. - The province has seen a 14.74% increase in tourist numbers at the Chaka Salt Lake scenic area, reaching 2.7 million visitors in 2024 [8]. Group 3: Water Resource Management - Qinghai has implemented a robust ecological protection system, focusing on water quality management and soil erosion control, with significant investments in environmental projects [9][10]. - The province's air quality has consistently remained at a good level, with over 96% of days classified as having good air quality [10]. - The introduction of the "Qinghai Provincial National Ecological Civilization High Ground Construction Regulations" aims to enhance ecological governance and provide replicable experiences for national ecological development [11].

Group 1 - The Qinghai Provincial Development and Reform Commission is focusing on building an ecological civilization and a modern industrial system with local characteristics, achieving positive results in the implementation of the "2025 Qinghai Province Investment Promotion Project Reserve" which includes over 120 signed projects in strategic emerging fields such as clean energy and digital economy, with a total signed amount exceeding 100 billion yuan [1] - The commission is implementing a strategy to strengthen the industrial chain by attracting key projects in energy storage and zero-carbon computing, successfully signing contracts with major companies like Guoneng Group for wind and solar storage projects, aiming to create a multiplier effect that accelerates the establishment of a new industrial ecosystem in Qinghai [1] - The province is leveraging its unique highland ecological and natural resources to innovate an "ecology + culture tourism + industry" integration model, attracting various projects to enhance the tourism development framework and transform the ecological brand of "Beautiful Qinghai" into a strong engine for high-quality development [2] Group 2 - The provincial development and reform commission will enhance the scheduling and service guarantee for investment promotion projects, focusing on creating a market-oriented, legal, and international first-class business environment to ensure that enterprises can invest and operate comfortably in Qinghai [3]

Group 1: Company Overview and Achievements - Qinghai Salt Lake Industry Co., Ltd. is a key member of China Minmetals Corporation, leveraging the unique resource advantages of the Chaka Salt Lake for comprehensive resource development [1][2]. - The Chaka Salt Lake covers an area of 5,856 square kilometers, making it the largest soluble potassium and magnesium salt deposit in China and a significant player globally [1][2]. - The company has achieved a stable annual production capacity of 5 million tons of potassium fertilizer, ranking fourth globally, and 40,000 tons of lithium carbonate, leading the domestic brine lithium extraction sector [2][3]. Group 2: Financial Performance - In 2024, the company reported total revenue of 15.134 billion yuan and a net profit attributable to shareholders of 4.663 billion yuan [3][13]. - As of December 31, 2024, total assets reached 45.783 billion yuan, with liabilities of 6.189 billion yuan, resulting in a low debt-to-asset ratio of 13.52% [3][13]. - Shareholder equity increased by 14.63% year-on-year, amounting to 36.575 billion yuan, reflecting strong profitability and growth [3][13]. Group 3: Strategic Goals and Development Plans - The year 2025 marks a pivotal year for the company as it integrates into the China Minmetals system, aiming to accelerate the construction of a world-class salt lake industry base [4][14]. - The company plans to achieve a production capacity of 10 million tons of potassium fertilizer and 200,000 tons of lithium salt by 2030, with a vision to establish a comprehensive salt lake industry cluster by 2035 [4][20]. - The strategic development path includes focusing on one goal, adhering to three musts, and leveraging four roles to enhance competitiveness and sustainability [5][7][9]. Group 4: Operational Strategies - The company emphasizes high-quality development by leveraging China Minmetals' expertise in project investment and management to enhance production capabilities [7][8]. - It aims to implement lean management practices to optimize operations and improve efficiency, ensuring robust performance in competitive markets [7][8]. - The company is committed to addressing capability gaps by embracing digital and green technologies to enhance production quality and operational resilience [8][9]. Group 5: Risk Management and Social Responsibility - A comprehensive risk management system is in place to identify and mitigate various risks, ensuring stable operations [2][8]. - The company actively engages in social responsibility initiatives, enhancing its corporate image and contributing positively to the community [2][11]. - Safety culture is prioritized, with measures in place to ensure safe production practices and environmental protection [10][11]. Group 6: Investor Relations and Future Outlook - The company maintains close communication with investors, providing timely updates on strategic developments and performance [11][24]. - Plans for future capital management include a focus on sustainable growth and potential dividend policies as financial conditions improve [17][24]. - The company is exploring international opportunities to enhance resource acquisition and market presence, particularly in potassium fertilizer [20][24].