Salt Lake shares 23 Q & An in response to everything: there is no substantial cooperation with Ningde era. Will the rich lithium resources be renamed "Salt Lake Lithium Industry"?

After Salt Lake shares resumed listing, it was widely concerned by the capital market. On the afternoon of August 15, on the Interactive Exchange of Shenzhen Stock Exchange, the secretary of Salt Lake shares responded to 23 questions from investors in one breath. Salt Lake said that Lanke Lithium Co., Ltd. has 10,000 tons of industrial-grade lithium carbonate devices and 20,000 tons of battery-grade lithium carbonate devices; at present, the company has no substantive cooperation with Ningde era; the cooperation between the company and BYD has not yet begun construction.

It is worth mentioning that since the resumption of listing on August 10, the leading Salt Lake share price of Salt Lake Lithium extraction Plate has been thrilling, rising more than three times on the first day, falling 8.41% on the next day, rising and falling slightly by 3.18% on the 13th. At present, the total market value of Salt Lake shares is 202.8 billion yuan.

The following is a selection of responses from Salt Lake shares on the interactive platform:

First, the company's Chaerhan Salt Lake lithium reserves equivalent to how many thousands of tons of lithium carbonate?

Salt Lake share [000792]: the annual discharge of old brine from the potash fertilizer plant of the company is about 200 million cubic meters, and the raw material liquid provides a reliable resource guarantee for the development of lithium industry.

Second, Mr. Yu Qiuping, vice president of Salt Lake Co., Ltd., signed a contract with Lanxiao Technology on the pilot experimental project of high efficiency separation of lithium mother liquor from salt lake. Is this project a 600-ton pilot project of BYD Salt Lake Company or does your company plan to use Lanxiao Technology to extract lithium alone?

Salt Lake shares [000792]: the company is only a technical exchange with relevant parties.

Third, what is the annual output of potassium and lithium-related products at the present stage of the company? And how many production targets are expected to be achieved in the next one to two years?

Salt Lake Co., Ltd. [000792]: Lanke Lithium Industry Co., Ltd. has 10, 000 tons of industrial-grade lithium carbonate and 20, 000 tons of battery-grade lithium carbonate. In the layout of lithium industry, in addition to Lanke Lithium Industry Company, the company also cooperates with BYD to build a 30,000-ton battery-grade lithium carbonate project in Salt Lake, which has not yet been actually built.

Fourth, does the company have any technical cooperation with the clear water source membrane process?

Salt Lake shares [000792]: there is no related cooperation.

Fifth, before the bankruptcy restructuring, there were more than 50 billion of the debts. How will such a large amount of liabilities be solved in the future?

Salt Lake shares [000792]: the company's relevant liabilities, please consult the company's periodic report, after the restructuring, the company retains potassium and lithium plates with strong profitability. At present, the company is in good operating condition, sufficient cash flow and less pressure to repay in the later stage.

What is the relationship between Salt Lake shares and Lanke Lithium Industry?

Salt Lake shares [000792]: the company indirectly holds 51.42% of Lanke Lithium Company.

7. Will the shares be sold on a limited basis after the resumption of listing? Which shareholders and how many shares have a lifting period?

Salt Lake shares [000792]: the related shares of the company's restructuring debt-to-equity, not restricted shares.

Where is the progress of the cooperation between the company and the Ningde era in the development of lithium resources?

Salt Lake shares [000792]: at present, there is no substantive cooperation between the company and Ningde era.

9. Briefly introduce the current production capacity of the company? What is the production capacity and production plan of lithium extraction from salt lake and lithium mine at present?

Salt Lake share [000792]: the company currently has a 10, 000-ton industrial lithium carbonate plant and a 20, 000-ton battery-grade lithium carbonate device under construction in Lanke Lithium Industry Co., Ltd. In the layout of lithium industry, in addition to Lanke Lithium Industry Company, the company also cooperates with BYD to build a 30,000-ton battery-grade lithium carbonate project in Salt Lake, which has not yet been actually built.

If you sell 10,000 tons of battery-grade lithium carbonate, how can you calculate the net profit of 10,000 tons of lithium carbonate at the current price of 90,000 yuan per ton?

Salt Lake shares [000792]: related performance of the company, please pay attention to the company's periodic report.

Eleventh, where is the progress of cooperative development between the company and BYD?

Salt Lake shares [000792]: construction has not yet begun, if there is substantial progress, the company will fulfill its information disclosure obligations in a timely manner.

12. How is the progress of the 30,000 tons of lithium carbonate project of Qinghai Salt Lake BYD Resources Development Co., Ltd.?

Salt Lake shares [000792]: construction has not yet begun, if there is substantial progress, the company will fulfill its information disclosure obligations in a timely manner.

Are there any limited sales requirements for the shares of the company replaced by these creditors? If there is no restriction, can you reduce your holdings at any time?

Salt Lake shares [000792]: shareholders who meet the relevant conditions shall abide by the "detailed rules for the implementation of share reduction by shareholders, Directors, Supervisors and Senior managers of Shenzhen Stock Exchange" and other relevant provisions.

What kind of cooperation will the company have with BYD?

Salt Lake shares [000792]: examined and approved by the Seventh sixth Board of Directors and the 2017 shareholders' meeting, the company cooperates with BYD to build a 30, 000-ton battery-grade lithium carbonate project, which has not been actually built at present. If there is any substantial progress, the company will fulfill its information disclosure obligations in a timely manner.

15. What is the equivalent amount of lithium carbonate that the company has in Chaerhan Salt Lake?

Salt Lake share [000792]: Chaerhan Salt Lake is rich in lithium resources, but magnesium and lithium is relatively high. the company's potash plant emits about 200 million cubic meters of old halogen every year, which provides a reliable resource guarantee for the development of lithium industry.

Some investors suggested that the name of the company's securities should be changed to "Salt Lake Lithium Industry" in order to better develop the cause of lithium extraction from Salt Lake. Tianqi and Ganfeng can be marked in China.

Salt Lake share [000792]: thank you for your valuable comments and suggestions on the development of the company.

Seventeen, the company holding company Lanke Lithium Industry is rumored to have made a major breakthrough in the technology of extracting lithium from Salt Lake. Can you explain it in detail?

Salt Lake shares [000792]: the lithium extraction technology owned by Lanke Lithium, a subsidiary of the company, has realized the industrialization scale of the plant.

Does the company need to use industrial automation parts?

Salt Lake shares [000792]: the company's material procurement and supply-related situation, please pay attention to the company's relevant bidding announcement.

Does Lanke Lithium Industry have salt lake mining rights?

Salt Lake shares [000792]: the brine used by Lanke Lithium Industry to produce lithium carbonate is provided by Salt Lake shares.

May I ask why the company always sends people to Huasu Media to do?

Salt Lake shares [000792]: the company does not have related cooperation with Huasu Media.