Zangge Holding unveils ambitious 2026 production plans, revises governance
Zangge Holding announced its 2026 production and operation plan, targeting 1 million tonnes of potassium chloride, 1.5 million tonnes of industrial salt, and 11,000 tonnes of lithium carbonate. The plan also includes an estimated equity output of 92,300-95,400 tonnes of copper concentrate from Tibet Julong Copper Industry and 5,000-6,000 tonnes of lithium carbonate from Tibet Alimami Mining. The board approved the new industrial salt production, noting its benefit in resource utilization and strategic alignment.
Concurrently, Zangge Holding approved its 2026 daily related-party transaction forecast, totaling 15,104 million yuan, involving procurement and services with entities like Geermu Tonghui Pipe Industry and Zijin Mining Group. The company also disclosed a 2026 donation budget of 110 million yuan for public welfare initiatives, aligning with its social responsibility values.
The board of directors also approved systematic revisions to 15 governance documents, including the "Prevention of Fund Embezzlement by Controlling Shareholders and Related Parties" and "Related Party Transaction Management System," enhancing internal controls and risk prevention. These revisions, along with the 2026 production and related-party transaction plans, were approved during the Tenth Board of Directors' Sixth (Interim) Meeting on December 25, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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