On June 30th, Zangge Mining announced that the company had recently received criminal judgment from the actual controller, Mr. Xiao Yongming, and learned that the case involved had been tried by the Chengxi District People's Court of Xining City and a criminal judgment had been made.
The company said that the judgment of the case involving Mr. Xiao Yongming, the actual controller, does not involve the company and will not have a significant impact on the company's production and operation.
Illegal mining was fined 2 million.
Zangge Mining announced that the company recently received the criminal judgment provided by Xiao Yongming, the actual controller. The defendant Qinghai Coking Coal Company violated the provisions of the Mineral Resources Law and exploited coal resources without obtaining a mining license. Defendant Xiao Yongming and others actively organized or participated in coal mining while knowing that Qinghai Coking Coal Company had not obtained the mining license, and their actions constituted the crime of illegal mining.
Defendant Xiao Yongming was convicted of illegal mining and sentenced to three years in prison, suspended for four years and fined two million yuan. At the same time, the illegal income of 294 million yuan returned by Xiao Yongming, who was placed on file for detention, was confiscated by the seizure organ according to law and turned over to the state treasury.
According to China Fund, in 20 16, Zangge Holdings completed its listing through the backdoor of Jinyuan Valley. Xiao Yongming's worth has also soared. At that time, Xiao Yongming ranked 64th in the Hurun Report with 26.5 billion yuan and became the richest man in Qinghai Province. 20 17, "Is the National Day Expressway too congested? The photo of Ziyang man directly driving a helicopter home attracted attention, and the owner of this helicopter was Xiao Yongming.
Zangge Mining said that the crime of illegal mining is Xiao Yongming's personal business. Xiao Yongming does not hold any position in the company and does not participate in any business decisions of the company. At present, the company's management personnel are stable and its production and operation are normal. The judgment of Xiao Yongming, the actual controller, involved in the case does not involve the company and will not have a significant impact on the company's production and operation.
In fact, as early as February 23 last year, Zangge Mining announced that Xiao Yongming had been taken into criminal detention by the Qinghai Provincial Public Security Bureau on 20021129 for being suspected of illegal mining.
Upon verification by the company, Xiao Yongming acquired 0/00% equity of Shanghai Zhu Hong Materials Co., Ltd. (hereinafter referred to as "Zhu Hong Materials")/KLOC in 2006, and Zhu Hong Materials held 40% equity of Qinghai Coking Coal Industry (Group) Co., Ltd. (hereinafter referred to as "Qinghai Coking Coal"). After the above acquisition, Zhu Hong Materials became the shareholder of Qinghai Coking Coal. 20 1 1, Zhu Hong Materials transferred all its shares in Qinghai Coking Coal to Peng Zhen Xiao Yi (Shanghai) Industrial Development Co., Ltd. After the above transfer, Mr. Xiao Yongming and Zhu Hong Materials no longer hold shares in Qinghai Coking Coal.
Zangge Mining said at that time that the above-mentioned matters involving Xiao Yongming and Zhu Hong's materials had nothing to do with the company and its affiliated enterprises, and occurred before the company's major asset restructuring on 20 16. The company has not been adversely affected by this, and everything is normal in production and operation at present.
Or because of illegal exploitation of Muli coalfield.
According to the verification data of Zangge Mining, Xiao Yongming's illegal exploitation should have occurred before 20 1 1, while Qinghai coking coal was fined for illegally exploiting Muli coalfield on 201/.
On March 22nd, 20 10, the on-site inspection by the Department of Ecology and Environment of Qinghai Province found that there were some problems in the No.1 well project in Jiangcang mining area of coking coal in Qinghai Province, such as changing the approved well development mode to open-pit mining, open-pit mining of waste soil and gangue, nonstandard _ no engineering environmental supervision _ no surface water and groundwater environmental monitoring on a regular basis and putting into trial production without the approval of the environmental protection department, so the Department of Ecology and Environment of Qinghai Province ordered 1 well to stop production immediately. Carry out comprehensive environmental improvement and underground mining system construction according to the approval of the project EIA. After the implementation, apply to Haixi Environmental Protection Bureau for trial production according to law, and may not put into trial production without approval.
Subsequently, on 201165438128, Qinghai Provincial Department of Ecology and Environment made a decision on environmental administrative punishment for Qinghai Coking Coal. The Department of Ecology and Environment of Qinghai Province investigated the company on April 27th, 201/,and found that the No.2 well pad project in Jiangcang Mining Area of Muli Coalfield changed its mining method and put it into production without reporting to the environmental protection department. At that time, the regulatory authorities ordered the Second Mine Field Project to stop production and imposed a fine of 654.38+10,000 yuan.
It is understood that the ecological environment of local grassland wetland has been destroyed due to illegal exploitation and over-exploitation in Muli coalfield of Qinghai Province, which has aroused widespread public concern.
20 10, 1 1, Qinghai provincial government organized a special meeting and issued a reply. Qinghai Muli Coal Industry Development Group Co., Ltd. was established by Qinghai State-owned Assets Investment and Management Co., Ltd. as the only development subject within the overall planning scope of Muli Mining Area.
201110/On October 5th, the National Development and Reform Commission approved the overall planning of Muli mining area, defined the overall layout and construction objectives of the mining area planning and development, and agreed to take Muli Coal Industry Development Group Co., Ltd. as the main body of development and construction, which provided a policy basis for the rational and orderly development of coal resources in Muli mining area.
In April, 20 1 1, the Qinghai provincial government officially began to implement the overall plan of coal resources in Muli mining area, clearly put forward the principle of "one mining area, one developer", respected history, implemented step by step, took into account the interests of all parties, promoted the long-term development of mining areas, fully took care of the interests of existing development enterprises, and actively and effectively carried out integration work. So far, Muli coalfield mining area, the largest coal mining area in Qinghai Province, has entered a new stage of unified planning, unified development and unified management.
The performance of Zangge Mining surged in the first quarter.
Xiao Yongming's case occurred before the major asset reorganization of Zangge Mining, because the case served as the chairman of the company for a long time, which did not affect the company's production and operation.
Zangge Mining was originally an enterprise engaged in mining investment, international and domestic trade and jewelry. 20 15 applied for major asset restructuring has been approved, and the company's original assets, liabilities and business have been divested and turned to hold Tibet Potash Fertilizer to realize the transformation of the company's main business. At present, the company owns 724.3493 square kilometers of potash mining right in the mining area east of Chaerhan Salt Lake Railway. It is a resource-based potash production enterprise based on the potash resources in Qarhan Salt Lake, Qinghai.
It is worth mentioning that in 20021year, the company's performance was greatly improved due to the sharp increase in the prices of potassium chloride and lithium carbonate. In 20021year, the company realized an operating income of 3.623 billion yuan, up 90.31%year-on-year; The net profit returned to the mother was 65.438+0.427 billion yuan, a year-on-year increase of 523.6%.
In the first quarter of this year, the company's performance continued its high growth model. In the first quarter, the company achieved an operating income of 65.438+28.6 million yuan, a year-on-year increase of 654.38+0.99.39%; The net profit returned to the mother was 8,654,380,400 yuan, a year-on-year increase of 2,265,438+0.69%.
According to iFind data, in the first quarter of 2022, the highest price of potassium chloride in Qinghai Salt Lake rose to 3,900 yuan/ton, and the average price reached 3,653 yuan/ton, up 14.52% from the previous month and up 75.82% from the same period last year. As for lithium carbonate, according to the data of Baichuan Fu Ying, the price of battery-grade lithium carbonate rose to 5 1.7 million yuan/ton in the first quarter of 2022, and the average price reached 432,000 yuan/ton, up 1.03.63% month-on-month and up 475.23% year-on-year, which greatly boosted the company's revenue and profit.
At present, the company has 2 million tons/year potassium chloride production capacity and 6.5438+0 million tons/year battery-grade lithium carbonate production capacity. At the same time, the company indirectly holds lithium resources in Qiaoyan Lake, mamie, Tibet through equity participation in industrial funds. The Mamiqiao Salt Lake lithium extraction project is expected to start construction in the second half of 2022 and put into trial production in the second half of 2023.
Essence Securities believes that due to the limited new capacity of international potash giants, tight transportation capacity and US sanctions against Belarus, it is expected that the global potash market price will remain high in 2022, and the net profit per ton will continue to increase. At the same time, the demand for new energy is highly certain, the supply of lithium resources is tight, and the price of lithium is expected to maintain a high degree of prosperity. The company's output guideline for 2022 is more than 654.38+100000 tons, or it will continue to release its performance.
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