The concept of "governance" has a long history in China. Sound corporate governance is a necessary prerequisite for ensuring the robust operation of enterprises, enhancing core competitiveness, creating value for shareholders and investors, and promoting sustainable socio-economic development.
On the afternoon of December 14th, the "Li Summit" (Phase II) — Exchange Symposium for Corporate Governance Peers, Investors and Analysts, organized by Tianqi Lithium, was smoothly held at the Xinglong Lake headquarters building in Chengdu. The seminar, themed "High-Quality Governance Leading High-Quality Development," was hosted by Tianqi Lithium and co-sponsored by Shanghai Securities News.
In the order of their speeches, Mr. Zhang Wenyu, Secretary of the Board/Vice President/Hong Kong Joint Company Secretary of Tianqi Lithium, Mr. Li Junhao, President of the Hong Kong Corporate Governance Association, Mr. Xiang Chuan, Independent Director of Tianqi Lithium, and Mr. Zheng Peiyuan, Executive Deputy General Manager of Shanghai Securities Information Co., Ltd., respectively delivered speeches.
In the order of their speeches, Mr. Sun Jingwen, Deputy Director of Minmetals Securities Research Institute and Head of the New Energy Industry Chain Research, External Industry Mentor of the International Trade and Economic Cooperation Research Institute of the Ministry of Commerce, Mr. Wang Jixiang, Vice President and Director of the Institute of China Tai Securities Futures Co., Ltd., along with Ms. Shao Wanyi, Administrative Head of the Green Finance and New Energy Division, and Mr. Liu Xiaobing, Board Secretary of China Science and Information Technology Co., Ltd., along with Mr. Wang Shuai, Vision Department Engineer, delivered keynote speeches.
Simultaneously, representatives from dozens of research institutions, as well as representatives from listed companies such as Xinhua Wenhuan, Zhongmi Holdings, China Science and Information, media representatives from Shanghai Securities News, and representatives from Fangyuan Enterprise Service Group, totaling more than 30 individuals, attended the seminar. They collaboratively explored innovative development and discussed the future path.
As the representative of the organizer, Mr. Zhang Wenyu extended a warm welcome to the guests, investors, analysts, and representatives of listed companies attending the seminar. In his address, he commenced with the theme of "governance" in this edition of the Xinglong Lake Forum "Li." He highlighted the profound cultural significance of "governance" in China's long history, emphasizing its crucial role in the entire social and economic development from ancient times to the present. Mr. Zhang also introduced Tianqi Lithium's exploration and practice in corporate governance and called for collaboration to collectively enhance governance standards and promote high-quality development in the industry and capital markets.
Subsequently, Mr. Li Junhao, President of the Hong Kong Corporate Governance Association, congratulated the successful organization of the seminar via video and expressed gratitude for Tianqi Lithium's efforts in establishing a dialogue platform for various stakeholders, empowering the industry and capital markets, and actively supporting the enhancement of governance levels for listed companies in both regions.
Mr. Xiang Chuan, Independent Director of Tianqi Lithium, shared his experiences as an independent director, emphasizing his role in ensuring company compliance and elevating governance standards. He expressed high expectations for the company to maintain a sound governance model, continuously enhance shareholder trust, and increase market recognition.
In a video address, Mr. Zheng Peiyuan, Executive Deputy General Manager of Shanghai Securities Information Co., Ltd., highly praised Tianqi Lithium for successfully establishing the Xinglong Lake Forum "Li" as a communication platform. He stated that Shanghai Securities News would continue to work with listed companies and relevant parties to jointly promote the high-quality development of China's capital market.
In recent years, lithium prices have been a focal point for various market participants. How can lithium enterprises smoothly navigate through cycles and achieve high-quality development? In the keynote speech segment of the seminar, Mr. Sun Jingwen, Deputy Director of Minmetals Securities Research Institute and Head of the New Energy Industry Chain Research, provided a retrospective and outlook on global lithium resource development. He conducted a profound analysis of key factors affecting the long-term high-quality development of China's lithium industry and proposed strategic recommendations for embracing profound changes in the lithium industry.
Following this, Mr. Wang Jixiang, Vice President and Director of the Institute of China Tai Securities Futures Co., Ltd., along with Ms. Shao Wanyi, Administrative Head of the Green Finance and New Energy Division, presented "Outlook for the New Energy Vehicle and Photovoltaic Energy Storage Industry in 2024." They detailed the cyclical changes in overseas electrification policies, mentioning that the short-term new energy vehicle and photovoltaic energy storage industry would still exhibit a tripartite pattern among China, the United States, and Europe, with long-term development being promising.
Electric vehicle owners are highly concerned about the safety performance of power batteries. In this conference, Mr. Wang Shuai, an engineer from the Vision Department of China Science and Information Technology Co., Ltd., was specially invited to provide a clear and concise introduction to AI technology-based, machine vision-powered surface defect detection technology for power batteries.
During the guest experience sharing segment, Mr. Xiang Chuan, Independent Director of Tianqi Lithium, eloquently discussed the basic responsibilities and competency requirements of independent directors, emphasizing the principles of "fairness, openness, and impartiality." Using vivid examples from his role as an independent director at Tianqi Lithium, he systematically explained how independent directors can effectively play a role in corporate governance and better safeguard the interests of shareholders, especially minority shareholders. This highlighted the theme that good corporate governance empowerment is essential for high-quality enterprise development.
The second half of the seminar featured a roundtable discussion. Ms. Fu Xumei, Securities Affairs Representative/Director of Securities and Investment Relations at Tianqi Lithium, invited Mr. Fang Bingxi, Independent Director of Xinhua Wenhuan, Zhongmi Holdings, Mr. Liu Xiaobing, Board Secretary of China Science and Information, Mr. Wang Pinghui, China Affairs Consultant of Fangyuan Enterprise Service Group, and Mr. You Jiaxun, Chief Analyst of CMB International Securities, as well as Mr. Zhang Minglei, an industry analyst in the field of metal new materials, to discuss "Corporate Governance, Value Enhancement, and Sustainable Development" from the perspectives of listed companies, research institutions, and consulting firms. The rich content sharing and exciting exchange of views brought the atmosphere to a climax. The Tianqi Lithium's "Li Summit" (Phase II) – Exchange Symposium for Corporate Governance Peers, Investors and Analysts concluded amidst enthusiastic applause.
During the seminar, participating guests also had the opportunity to visit the world's first Li Science Museum and the company's Xinglong Lake headquarters building, capturing moments in a group photo.
As a new energy materials company with lithium at its core, Tianqi Lithium, guided by innovative enterprise construction and value enhancement, is dedicated to the goal of "creating a world-class corporate governance demonstration enterprise" and the high-quality development of listed companies. Through governance model transformation, governance system restructuring, and governance capacity upgrading, the company continues to standardize and improve its system construction from the perspectives of corporate culture, independence, and diversification, enhancing its corporate governance. Efforts are made to serve the company's strategy through sound governance, accurate and timely information disclosure, and the establishment of a comprehensive investor communication platform, aiming to fully protect the interests of the vast number of investors, promote the high-quality development of listed companies, and contribute to the enhancement of corporate value.
At the same time, we will continue to build a platform for dialogue and exchange among various parties in the industry and capital market, gather wisdom, aggregate strength, achieve resource sharing, complement each other's advantages, join hands with all parties, and contribute to the healthy and orderly development of the new energy industry chain and capital market. We will continue to explore and practice in promoting the reform of China's distinctive modern enterprise system!
