FilingReader Intelligence

Zangge Holding boosts fund investment after strong Q3 performance

October 16, 2025 at 05:17 PM UTCBy FilingReader AI

Zangge Holding reported a 47.26% increase in net profit attributable to shareholders for Q3 2025, reaching 2,750,801,362.35 yuan. This growth was largely driven by a 146.17% rise in monetary funds due to sales and a 104.52% increase in fair value change gains from transactional financial assets. The company also announced a cash dividend of 10.00 yuan per 10 shares, totaling 1,568,914,754.00 yuan.

In a related move, Zangge Mining Investment (Chengdu) Co., Ltd., a wholly-owned subsidiary, will increase its investment in Jiangsu Zangqing New Energy Industry Development Fund Partnership (L.P.) by up to 659,133,700 yuan, supplementing its initial 2,500,000,000 yuan. This additional investment, sourced from Zangge Mining Investment's own capital, will support the fund's external projects and enhance Zangge Holding's strategic influence in the lithium extraction sector. An affiliate of Zangge Holding's major shareholder, Sha Steel Group Co., Ltd., also participated in the fund's expansion.

The fund’s total scale is projected to reach 6,710,000,000 yuan upon completion of the capital increase, with Zangge Mining Investment's share increasing to 47.08%. This transaction, approved by the board of directors, is deemed an associated transaction.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:000408Shenzhen Stock Exchange

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