Chuanhua plan to purchase the lithium industry Lijiagou lithium mine has begun preliminary work

After the resumption of listing on the bankruptcy reorganization on December 18, 2017, Chuanhua (000155, SZ) proposed the transformation goal of the strategic layout of the lithium battery industry chain, and the company has publicly stated that it will be in the first half of 2018. Complete the injection of large-scale lithium mine assets. At present, asset injection work has begun.

On the evening of June 13, Chuanhua announced that it plans to purchase the equity of Sichuan Nengtou Lithium Industry Co., Ltd. (hereinafter referred to as the company). The most eye-catching asset of the lithium industry is the Lijiagou spodumene mine, which is the largest single spodumene mine in Asia.

Want to buy 50% of the shares of the lithium industry

Chuanhua shares announced on the 13th that the company plans to purchase a 50% stake in the lithium industry held by Sichuan Energy Investment Group Co., Ltd. (hereinafter referred to as Sichuan Energy Investment).

On the evening of June 14, Chuanhua announced again that it had signed the “Equity Acquisition Framework Agreement” (effective for 10 months) with Sichuan Energy Investment on June 14. At the same time, the relevant proposal has been reviewed and approved by the board of directors of Chuanhua. .

Chuanhua also introduced that the initial cost of Sichuan Energy Investment's 50% stake in the lithium industry was 534 million Yuan.

Can be invested in the official website of the lithium industry, it is a state-owned large-scale lithium resource development platform company, mainly engaged in lithium battery industry upstream lithium resources, basic lithium salt products, metal lithium and other lithium series products development, production and sales, has the largest in Asia Monolithic spodumene ore Lijiagou spodumene mine in Aba, Sichuan.

The Lijiagou lithium mine was originally a lithium mine resource of Sichuan Guoli, and the latter was a joint venture of the listed company Yahua Group (002497, SZ). Previously, there were disputes among Sichuan Guoli shareholders.

According to the Yahua Group, in September 2017, Sichuan Energy Investment and Yahua Group solved the related disputes among Lijiagou lithium mine shareholders through joint acquisition, equity transfer capital increase and share expansion.

Lijiagou lithium mine has started preliminary work

Can invest in lithium industry was established in January 2018. On the 14th, an insider of the Yahua Group revealed to the reporter of "Daily Economic News" that after the disputes concerning the Lijiagou lithium mine were resolved, the minerals and related assets were injected into the lithium industry.

The national enterprise credit information publicity system information shows that there are currently two shareholders in the lithium industry. In addition to Sichuan Energy Investment, the other shareholder is Yahua Group.

The insiders of the above-mentioned Yahua Group said that the Yahua Group had agreed with Sichuan Energy Investment Co., Ltd. that it could invest in the mines mined by the lithium industry, and priority should be given to all the production lines of Sichuan Guoli. If there is surplus, the shareholders can follow the rules. Shares are distributed.

Due to the steep terrain of the Lijiagou lithium mine, it is difficult to mine, and the mining progress has been slower.

However, insiders of the Yahua Group said that Sichuan Energy Investment has already carried out some preparatory work before the mine construction in the Lijiagou lithium mine. "The relative progress is relatively fast."

According to the information on the official website of the lithium industry, the Lijiagou lithium mine development project will be accelerated to ensure that the project will be completed and put into operation at the beginning of 2020. The original ore will be 1.0 million tons/year, and the annual output of lithium concentrate will be about 180,000 tons.

At present, the value of lithium mine is high, and what kind of price does Chuanhua intend to purchase? In this regard, Chuanhua announced that the transfer price of the underlying equity is based on the assessment results of the equity evaluation report filed by the authorized state-owned asset management department, and the evaluation base date is June 30, 2018. The specific price shall be determined by both parties according to the law after the evaluation result is determined. In terms of trading methods, the lithium battery industry chain integration fund initiated by cash or company is carried out.

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