南财智讯12月23日电，安宁股份公告，公司拟将"年产6万吨能源级钛（合金）材料全产业链项目"达到 预定可使用状态的时间由2025年12月31日延期至2026年6月30日。该项目计划投资总额为72.00亿元，拟 投入募集资金17.04亿元，资金来源为向特定对象发行股票所募资金，主要用于钛渣生产环节、四氯化 钛生产环节及配套公用工程等建设。延期主要由于项目整体建设环节多、工程量大，部分设计方案和设 备选型进行了优化调整，且部分定制化设备供货周期较长，影响了建设进度。公司预计2026年6月30日 前，所有使用募集资金的生产环节将达预定可使用状态并进入试生产阶段；钛锭生产环节因EB炉安装 预计延至2026年底完成，但可通过委外加工方式推进，不会对项目投产造成重大障碍。本次延期未改变 项目实施主体、实施方式、募集资金用途及投资规模，不涉及变相改变募集资金投向，不存在损害股东 利益的情形，不会对公司经营及整体募资安排造成实质性不利影响，符合公司长期发展规划。 ...

安宁股份公告称，公司召开董事会，同意"年产6万吨能源级钛（合金）材料全产业链项目"延期，在实 施主体等不变前提下，将达到预定可使用状态时间由2025年延至2026年。该项目总投资72亿元，拟投入 募集资金17.04亿元。截至2025年11月30日，已累计使用募集资金8.95亿元，剩余7.95亿元未使用。延期 因部分设计方案和设备选型调整、定制化设备供货周期长，不会对项目实施和公司经营产生实质不利影 响。 ...

Group 1 - The company has a "60,000 tons annual production capacity of energy-grade titanium (alloy) materials" project with broad downstream applications in various sectors including consumer goods, aviation, energy, biomedical, chemical, shipping, and marine engineering [1] - The "50,000 tons annual production capacity of iron phosphate project" has potential customers in the new energy battery industry chain [1] - The company actively maintains communication with downstream customers, and progress updates can be found in the company's disclosed announcements and periodic reports [1]

Group 1 - The company announced its "annual production of 60,000 tons of energy-grade titanium (alloy) materials" project, which has broad downstream applications in various fields including consumer goods, aviation, energy, biomedical, chemicals, shipping, and marine engineering [1] - The "annual production of 50,000 tons of iron phosphate project" has potential customers in the new energy battery industry chain [1] - The company is actively communicating with downstream customers regarding the progress of these projects, with updates available in the company's disclosed announcements and regular reports [1] Group 2 - An investor inquired about the company's strategic layout in "vanadium-titanium metal deep processing" and "lithium iron phosphate industry chain," specifically regarding any collaborations or research and development with other mainstream battery material companies or cathode material manufacturers [3] - The investor expressed appreciation for previous clarifications regarding cooperation with Ningde Times and emphasized the importance of information disclosure principles [3]

Core Viewpoint - The company is on track to complete its energy-grade titanium production project by the end of 2025, with an expected output of 60,000 tons per year [2]. Group 1 - The company is currently constructing a full industrial chain project for energy-grade titanium materials [2]. - The project is progressing steadily, with a phased product output anticipated by the end of 2025 [2].

Group 1 - The company held an online investor meeting on September 12, 2023, to discuss its semi-annual report and engage with investors [1] - The company plans to resume production at Jingzhi Mining by June 2027, with an expected production capacity of 5 million tons per year, including 2.6 million tons of industrial-grade ore and 2.4 million tons of low-grade ore [1] - The company aims to enhance its resource reserves through horizontal mergers and acquisitions, as part of its development strategy [1] Group 2 - The 60,000-ton energy-grade titanium (alloy) material project is progressing steadily, with expected product output by the end of 2025 [2] - The company's gross margin has declined due to market price fluctuations and lower margins on comprehensive utilization products derived from tailings [2] - The company plans to launch comprehensive utilization products in September 2024, with an expected output of 45,000 tons from September to December 2024 [2]

Group 1: Production Plans and Capacities - The company expects to resume full production at Jingzhi Mining by June 2027, with an anticipated production scale of 5 million tons per year, closely matching the product grade of existing products [2][3] - The low-grade ore from Jingzhi Mining is projected to yield an annual recovery of 12.8 million tons starting March 2026, contributing to the production of titanium concentrate and vanadium-titanium iron concentrate [3][4] - After the resumption of Jingzhi Mining, the company anticipates an additional annual production capacity of approximately 900,000 tons of iron concentrate, 400,000 tons of titanium concentrate, and 70,000 tons of comprehensive utilization products [4] Group 2: Financial Performance and Profitability - The company does not expect Jingzhi Mining to contribute profits until after the full resumption of operations in June 2027 [3][4] - The company's gross profit margin has declined due to market price fluctuations and lower margins on comprehensive utilization products derived from tailings [3][4] - Future dividend arrangements will be based on investment, profitability, and financial conditions, with no dividends expected until after the output from Jingzhi Mining [4] Group 3: Strategic Development and Projects - The acquisition of Jingzhi Mining aligns with the company's strategy of horizontal resource mergers to enhance resource reserves [3][4] - The 60,000-ton energy-grade titanium (alloy) materials project is progressing steadily, with expected phased product output by the end of 2025 [4] - The company focuses on core business areas, including vanadium-titanium iron concentrate, titanium concentrate, and titanium materials, while remaining open to other investment opportunities [4]

Summary of Key Points Core Viewpoint - The company, Sichuan Anning Titanium Co., Ltd., has adjusted the internal investment structure of its fundraising project for the annual production of 60,000 tons of energy-grade titanium (alloy) materials, ensuring that the project remains aligned with its original objectives and does not harm shareholder interests [1][8]. Fundraising Overview - The company issued 70,989,958 shares of A-shares, raising a net amount of approximately RMB 1.68 billion after deducting issuance costs of RMB 20,048,103.74 [1]. - The raised funds will be fully allocated to the subsidiary, Panzhihua Anning Titanium Material Technology Co., Ltd., for the full industrial chain project [1]. Project Investment Details - The total investment for the project is RMB 720 million, with RMB 170.3759 million planned to be funded from the raised capital [2]. - The adjustment in the internal investment structure does not change the project implementation entity, investment scale, or intended use of funds [7]. Reasons for Adjustment - The adjustment is based on the actual progress of the fundraising project, with a reassessment of actual needs leading to a reduction in funding for the high-titanium slag workshop and an increase in funding for the titanium tetrachloride workshop, chlor-alkali workshop, and other construction expenses [6][7]. Impact of Adjustment - The adjustment is a prudent decision based on project realities and will not adversely affect the implementation of the fundraising project or the company's operations, aligning with the company's long-term development plan [7][8]. Review Procedures and Opinions - The board of directors and the supervisory board have approved the adjustment, confirming that it does not involve changes to the intended use or scale of the funds and does not harm the interests of the company or its shareholders [8]. - The sponsor, CITIC Securities, has verified that the adjustment complies with relevant laws and regulations and does not change the intended use of the raised funds [8].

Core Points - The company has approved the use of raised funds to replace self-raised funds for investment projects and issuance expenses, totaling RMB 404,241,607.84 [1][5][6] Fundraising Overview - The company received approval from the China Securities Regulatory Commission to issue 70,989,958 shares at a price of RMB 24.00 per share, raising a total of RMB 1,703,758,992.00 [1][4] - After deducting issuance expenses, the net amount deposited into the company's special account was RMB 1,683,758,992.00 [4] Investment Project Details - The total investment for the "Annual Production of 60,000 Tons of Energy-Level Titanium (Alloy) Materials Full Industry Chain Project" is RMB 720,000,000.00, with planned raised fund input of RMB 170,375,900.00 [2][3] - The company has pre-invested RMB 403,061,428.63 from self-raised funds into the investment project before the raised funds were available [3][5] Issuance Expense Details - The total issuance expenses (excluding VAT) amounted to RMB 20,048,103.74, with RMB 20,000,000.00 remaining after deducting underwriting and sponsorship fees [4][5] - The company has also pre-paid issuance expenses using self-raised funds, which will be replaced by the raised funds [5] Approval and Compliance - The board and supervisory committee have approved the use of raised funds to replace pre-invested self-raised funds, confirming compliance with relevant laws and regulations [5][6] - The replacement of funds is within six months of the raised funds being received, ensuring no change in the intended use of the funds [5][6]

Core Viewpoint - The company has approved an adjustment to the internal investment structure of its fundraising project for the annual production of 60,000 tons of energy-grade titanium (alloy) materials, ensuring that the project implementation subject, investment scale, and overall fundraising direction remain unchanged [1][5]. Fundraising Basic Information - The company issued 70,989,958 shares at a price of 24.00 yuan per share, raising a total of 1,703,758,992.00 yuan, which has been fully received as of December 26, 2024 [1][2]. Fundraising Project Details - The total investment for the annual production of 60,000 tons of energy-grade titanium (alloy) materials project is 720,000,000 yuan, with 170,375,900 yuan allocated from the raised funds [2][3]. Adjustment of Internal Investment Structure - The adjustment involves reallocating funds within the project without changing the project implementation subject, investment scale, or overall fundraising direction. The company plans to reduce expenditures for the high-titanium slag workshop while increasing investments in the titanium tetrachloride workshop, chlor-alkali workshop, and other construction expenses [3][4]. Impact of the Adjustment - The adjustment is a prudent decision based on the actual progress of the project and will not adversely affect the company's operations or the implementation of the fundraising project. It aligns with the company's long-term development plan [5][6]. Review Procedures and Opinions - The adjustment has been approved by the board of directors and the supervisory board, confirming that it does not involve changes to the fundraising purpose or scale, and does not harm the interests of the company or its shareholders [5][6].