7月6日，2025年生态文明贵阳国际论坛在贵州省贵阳市闭幕。近年来，贵州保护生态环境，努力把生态 优势转化为发展优势。行走黔南，一组数据更令人振奋信心。 今年前5月，黔南布依族苗族自治州规模工业总产值同比增长17.9%；2024年，黔南州森林覆盖率提升 至68.17%；2024年，黔南州新增1家国家级绿色工厂、9家省级绿色工厂；近3年，黔南州磷系现代化工 和新能源电池材料产值规模超500亿元，成为重要的新能源电池材料生产加工基地…… 近年来，贵州树牢"绿水青山就是金山银山"理念，坚持发展、安全、生态一起抓，走出一条资源高效利 用与保护环境并重的高质量发展之路。 延伸产业链条 压实"含金量" 位于黔南州福泉市的贵州川恒化工股份有限公司，曾是一家传统磷化工企业，经过多年发展，构建起一 个涵盖磷矿石采选、湿法磷酸及磷酸盐产品制造、氟资源开发利用等多领域的循环经济产业链，年销售 收入达60亿元。 立足磷，做足磷，不唯磷。"磷矿往往伴生铁、氟等，如果缺少长远发展的眼光，没有循环经济的思 维，不仅提高生产成本，造成资源浪费，还污染环境，增加治理难度。"该公司董事长吴海斌说，培育 延伸产业链条，探索产业融合发展，力争抢占新 ...

广西粤桂广业控股股份有限公司 （注册地址：广西壮族自治区贵港市贵港高新区粤桂产业园幸福路 1 号） 使用可行性分析报告 （万元） 二〇二五年五月 一、本次发行募集资金的使用计划 公司本次向特定对象发行 A 股股票拟募集资金总额（含发行费 用）不超过 90,000.00 万元，扣除相关发行费用后的净额将用于以下 项目： 拟投入募集资金金 序 项目投资总额 项目名称 额 号 （万元） 磷酸项目 广东省英德市下太镇 英砂岩矿投资项目 云硫矿业碎磨系统大 建设 合计 226,025.92 90,000.00 项目投资总额高于本次募集资金拟投资金额部分，由公司自筹解 决。募集资金到位后，若本次发行扣除发行费用后的实际募集资金低 于本次募集资金拟投资金额，在最终确定的本次募集资金投资项目范 围内，公司将根据实际募集资金数额，按照项目的轻重缓急等情况， 调整并最终决定募集资金的具体投资项目、优先顺序及各项目的具体 投资额，募集资金不足部分由公司自筹解决。 在本次募集资金到位前，公司将根据项目进度的实际情况，以自 有资金或其他方式筹集的资金先行投入，并在募集资金到位后按照相 关法规规定的程序予以置换。 二、本次募集资金投资项 ...

Group 1: Performance and Production Capacity - In 2024, the company achieved an operating income of 8.178 billion yuan, a year-on-year increase of 6.1%, and a net profit of 511 million yuan, up 26.8% year-on-year [18] - The company has a production capacity of 410,000 tons of phosphate rock per year, with the Mianzhu Banpenzi phosphate mine expected to produce 60,000 tons annually [8] - The company is advancing the construction of the De'a and Panzhihua phosphate projects, with the De'a project having a production capacity of 20,000 tons of lithium iron phosphate and 40,000 tons under trial production [2][7] Group 2: Market and Shareholder Management - The company plans to distribute a cash dividend of 2.66 billion yuan (including tax), accounting for 50% of the annual net profit [6][24] - A total of 124.6 million shares (6.60% of total share capital) are expected to be unlocked on July 21, 2025, related to the acquisition of Tianrui Mining [12][13] - The company has no current plans for stock repurchase but emphasizes maintaining shareholder value through various strategies [4][23] Group 3: Strategic Development and R&D - The company is focused on developing differentiated new products in the field of lithium iron phosphate and lithium battery materials to meet diverse customer needs [1][2] - The company aims to strengthen its R&D capabilities and product quality while continuously developing new products to satisfy specific market demands [7][16] - The company is committed to a development strategy based on "scarce resources + core technology + industrial integration + advanced mechanisms" to enhance its competitive edge [21][24] Group 4: Future Outlook and Industry Position - The company is positioned to benefit from the increasing penetration of new energy vehicles and the growth of the energy storage industry [24] - The company aims to become a leading domestic and internationally recognized enterprise in the phosphate chemical and new energy materials sectors [9][24] - The company is actively seeking to integrate high-potential assets to enhance its industrial chain and maintain a competitive advantage in the market [11][17]

Group 1: Dividend Policy and Financial Performance - The company aims to gradually increase the dividend payout ratio while considering profits and future capital expenditure needs [2] - The first quarter of 2023 is typically a low season for the phosphate chemical industry, but current market demand appears strong [4] - The company reported a 40% increase in sulfur prices, impacting raw material costs and potentially affecting profit margins [10] Group 2: International Market Expansion - The company plans to enhance international procurement capabilities, with nearly 60% of international phosphate ore usage coming from its Guangxi base [3] - Future international market expansion will focus on diversifying products and exploring international investment opportunities [3] Group 3: Risk Management and Operational Strategy - The company is enhancing its market perception and response capabilities to better navigate market fluctuations [4] - It will leverage the geographical advantages of its Guangxi base to increase the utilization of low-grade phosphate ore and secure stable raw material supplies [4] Group 4: Product Portfolio and Market Demand - The company's product offerings include fertilizers, feed-grade calcium salts, and phosphoric acid, with applications in agriculture and animal nutrition [5] - The global population growth and rising demand for renewable energy batteries are expected to drive the overall demand for phosphate chemicals [5] Group 5: Financial Management and Investment Strategy - The company does not have a share repurchase plan, focusing instead on operational excellence and future development [7] - Cash flow is being managed through structured deposits and securities to ensure capital preservation [9] Group 6: Industry Position and Competitive Landscape - The company recognizes the challenges in the iron-lithium market and has adjusted its strategic layout accordingly, leading to zero revenue from the new energy sector in 2024 [11] - The company maintains a cautious outlook on the international price differences of its main products, which are influenced by various market factors [5]