2025骞�4鏈�23鏃�锛岄嫲妤�(y猫)宸ㄩ牠澶╅綂閶版キ(y猫)锛�002466.SZ锛夌櫦(f膩)甯冧竴瀛ｅ害妤�(y猫)绺鹃爯鍛�锛岄爯瑷堝鐝�(xi脿n)姝告瘝鍑堝埄娼�8200钀厓鑷�1.23鍎勫厓锛岃純鍘诲勾鍚屾湡铏ф悕38.97鍎勫厓瀵︾従(xi脿n)??瓒�40鍎勫厓鐨勫埄娼よ簫鍗�??銆傞�欎竴閫嗚綁(zhu菐n)涓嶅儏绲傜祼浜嗗叕鍙搁�ｇ簩(x霉)涓夊�嬪搴︾殑铏ф悕锛屾洿閲嬫斁鍑洪嫲琛屾キ(y猫)鍛ㄦ湡搴曢儴淇京鐨勭⿳妤典俊铏�銆�
??鏍稿績妤�(y猫)绺句寒榛�??
??鍑堝埄娼ゅ悓姣旀縺澧�102%-103%??
鍏徃涓�瀛ｅ害鎵ｉ潪鍑堝埄娼ら仈3200钀嚦4800钀厓锛岃純鍘诲勾鍚屾湡铏ф悕39.17鍎勫厓瀵︾従(xi脿n)??鏍规湰鎬ф壄杞�(zhu菐n)??銆傞�欎竴琛ㄧ従(xi脿n)閬犺秴甯傚牬闋愭湡锛屾鍓嶆妲嬮爯娓ぉ榻婇嫲妤�(y猫)鏈�蹇皣鍦�2025骞翠簩瀛ｅ害瀵︾従(xi脿n)鐩堝埄銆�
??鎴愭湰绠℃帶鎴愭晥椤憲??
閫氶亷绺煭閶扮簿绀﹀畾鍍瑰懆鏈�锛屾嘲鍒╂．鍖栧绱氶嫲绮剧う閲囪臣鎴愭湰鑸囧競鍫村児鏍煎樊璺濆緸2024骞寸殑??40%鏀剁獎鑷充笉瓒�5%??銆傜枈鍔犳境娲插绱嶇磵宸ュ粻鐢�(ch菐n)鑳界埇鍧�锛屽柈鍣搁嫲楣藉姞宸ユ垚鏈悓姣斾笅闄�18%锛屾帹鍕曟瘺鍒╃巼鐠�(hu谩n)姣旀彁鍗�7鍊嬬櫨鍒嗛粸銆�
??SQM鎶曡硣鏀剁泭璨㈢嵒瓒呴爯鏈�??
鑱�(li谩n)鐕熷叕鍙窼QM涓�瀛ｅ害鍑堝埄娼ら爯瑷堝悓姣斿闀�锛屽付鍕曞ぉ榻婇嫲妤�(y猫)鎶曡硣鏀剁泭澧炲姞绱�??1.2鍎勫厓??銆傛鍓峉QM鍥犵▍鍕欑埈璀板皫鑷寸殑11鍎勭編鍏冭櫑鎼嶅凡鍦�2024骞磋▓鎻愬畬鐣�锛岄ⅷ闅暈鍙ｅ熀鏈嚭娓�銆�
??妤�(y猫)绺惧弽杞�(zhu菐n)鐨勫簳灞ら倧杓�??
瀹氬児姗熷埗淇京鎵撶牬鎴愭湰鍊掓帥榄斿拻??
2024骞�锛屾嘲鍒╂．閶扮簿绀﹀搴﹀畾鍍规鍒惰垏閶伴菇鐝�(xi脿n)璨ㄥ児鏍奸尟閰�锛屽皫鑷村叕鍙搁嫲楣芥キ(y猫)鍕�??鍠铏ф悕鏈�楂橀仈5.8鍎勫厓??銆�2025骞磋捣锛屽叕鍙稿暉鐢�??鏈堝害瀹氬児+鍕曟厠(t脿i)鎶樻墸??妯″紡锛屼娇鍘熸枡鎴愭湰鑸囩敘(ch菐n)鍝佸敭鍍硅伅(li谩n)鍕曟晥鐜囨彁鍗�80%銆備竴瀛ｅ害閶扮簿绀﹂噰璩煎潎鍍归檷鑷�??800缇庡厓/鍣�??锛岃純2024骞村洓瀛ｅ害涓嬮檷12%锛屾湁鏁堢珐瑙ｆ垚鏈鍔�銆�
鐢�(ch菐n)鑳介噵鏀惧皪娌栧児鏍间笅琛�??
鐩＄纰抽吀閶板潎鍍瑰悓姣斾笅璺�23%鑷�??7.4钀厓/鍣�??锛屼絾鍏徃閶伴菇鐢�(ch菐n)閵烽噺鍚屾瘮澧為暦瓒�25%銆傛境娲插绱嶇磵宸ュ粻鐢�(ch菐n)鑳藉埄鐢ㄧ巼鎻愬崌鑷�75%锛屽柈鏈堟矮姘у寲閶扮敘(ch菐n)閲忕獊鐮�2000鍣�锛岄帠瀹氬棣�佺壒鏂媺绛夐暦鍠鎴�銆�
鐝�(xi脿n)閲戞祦绠＄悊绐佺牬??
缍�(j墨ng)鐕熸椿鍕曠従(xi脿n)閲戞祦鐢�2024骞村悓鏈熺殑-23.6鍎勫厓杞�(zhu菐n)姝�锛屼富瑕佸緱鐩婁簬鎳夋敹璩鍛ㄨ綁(zhu菐n)澶╂暩(sh霉)寰�98澶╃府鐭嚦67澶�銆傚叕鍙歌硣鐢�(ch菐n)璨犲偟鐜囬檷鑷�??28.39%??锛岀偤2018骞存敹璩糞QM浠ヤ締鏈�浣庢按骞�銆�
??琛屾キ(y猫)璁婂眬涓殑鎴�(zh脿n)鐣ョ獊鍦�??
鍏ㄧ悆閶拌硣婧愬竷灞�鍐嶅钩琛�??
闈㈠皪鏅哄埄鏀垮簻鎺ㄩ�查嫲璩囨簮鍦嬫湁鍖�锛屽叕鍙稿姞閫熷竷灞�闈炴床棣噷Goulamina閶扮う锛堟寔鑲�15%锛�銆佸洓宸濋泤姹熸帾鎷夐嫲绀︼紙鍎查噺51.95钀櫢LCE锛�銆�2025骞磋嚜绲﹂嫲璩囨簮姣斾緥灏囨彁鍗囪嚦??70%??锛岄檷浣庡皪SQM闃垮鍗￠Μ楣芥箹鐨勪緷璩�銆�
鎶�琛撻﹨(q奴)鍕曢檷鏈鏁�??
鎶曡硣5鍎勫厓鍗囩礆灏勬椽鍩哄湴锛屽紩鍏I鏅鸿兘鍒嗛伕绯荤当(t菕ng)锛岄嫲绮剧う鍥炴敹鐜囨彁鍗囪嚦92%銆傜爺鐧�(f膩)鐨�??绗笁浠ｅ惛闄勬硶鎻愰嫲鎶�琛�??浣块菇婀栨彁閶版垚鏈檷鑷�??3钀厓/鍣�??锛岃純绀︾煶娉曚綆40%銆�
鎼跺崰楂橀幊璩介亾??
鍟熷嫊婢虫床濂庣磵绱嶄簩鏈熸矮姘у寲閶伴爡鐩�锛岃(gu墨)鍔冪敘(ch菐n)鑳�4.8钀櫢/骞�锛屼富鏀籒CM811/NCA绛夐珮閹充笁鍏冩潗鏂欏競鍫淬�傚凡鑸嘗G鏂拌兘婧愮敖瑷�2026骞翠緵璨ㄥ崝(xi茅)璀�锛岄帠瀹�??2钀櫢楂樼姘哀鍖栭嫲瑷傚柈??銆�
??棰ㄩ毆鑸囨閬囧苟瀛樼殑甯傚牬灞曟湜??
閶板児搴曢儴闇囪暕鎴�?q奴)鈷�姘竚(x霉)??
鐣跺墠纰抽吀閶板韩瀛樹粛楂橀仈??18.2钀櫢??锛屼簲绀﹁瓑鍒搁爯娓�2025骞村叏鐞冮亷鍓╅噺閬�20.2钀櫢LCE銆傝嫢閶板児璺岀牬??6钀厓/鍣�??锛屽叕鍙告垨鍐嶅害闈㈣嚚铏ф悕澹撳姏銆�
娴峰鏀跨瓥棰ㄩ毆楂樹紒??
鏅哄埄鍦嬪閵呮キ(y猫)鍏徃锛圕odelco锛夎垏SQM鎴愮珛鐨勫悎鐕熷叕鍙稿皣浜�2031骞存帴绠￠樋濉斿崱棣菇婀栨帶鍒舵瑠锛屽ぉ榻婇嫲妤�(y猫)鎸佽偂娆婄泭鍙兘琚█閲嬨�傚叕鍙稿凡鍟熷嫊娉曞緥瑷磋绋嬪簭锛岃姹備繚闅滀腑灏忚偂鏉辨瑠鐩�銆�
浼板�间慨寰╃┖闁撻’钁�??
鐣跺墠甯傜泩鐜囷紙TTM锛�-6.1鍊�锛岃純璐涢嫆閶版キ(y猫)锛�-18.3鍊嶏級瀛樺湪鏄庨’鎶樺児銆備腑淇¤瓑鍒告脯绠�锛岃嫢閶板児鍥炲崌鑷�10钀厓/鍣革紝2025骞村噲鍒╂饯鏈夋湜閬�??28鍎勫厓??锛屽皪鎳塒E灏囬檷鑷�15鍊�銆�
|