after five days and five nights of fierce fighting, the dust of a lithium ore auction surrounded by nearly one million people was settled. Both the transaction price, the number of bids and the natural person buyers behind the enterprise were uncertain, which became the topic of “out of the circle”
At 7:48 on May 21, the 54.29% equity of snowway mining was finally traded at 2 billion yuan, 597 times higher than the starting price of 3.3529 million yuan.
After 3448 bids, the auction attracted the attention of nearly one million people, and the mysterious natural person buyer also triggered all kinds of speculation.
buyer “Tan Wei”
The auction, which should have ended at 10 a.m. on the 17th, continued to trigger the delay mechanism due to the intense bidding, that is, before the end of the bidding activity, if there are bidders bidding in the last five minutes, it will be automatically delayed by five minutes.
With the fall of the auction hammer, the mysterious buyer behind also surfaced. According to the information of the auction confirmation, the buyer is a natural person named Tan Wei, and the bidding code is 141243314 However, the enterprise information behind him was not disclosed.
Previously, there were different opinions on the listed companies participating in the auction, and the speculation was focused on the enterprises with lithium resources in Sichuan. Among them, Gcl Energy Technology Co.Ltd(002015) attracted the most attention because the company holds 42.86% equity of chuanshang fund, the second largest shareholder of snowway mining. On May 18, the interface News quoted informed sources as saying that Gcl Energy Technology Co.Ltd(002015) participated in the auction and has completed the acquisition of 99% of the creditor’s rights and 43% of the equity of snowway mining.
But who is Tan Wei and is he related to Gcl Energy Technology Co.Ltd(002015) or not? The reporter inquired the data of tianyancha and found that there are 648 “Tan Wei” working in different enterprises across the country, but only one is engaged in the mining industry. They are the legal person and vice chairman of Dushan wanfushan Mining Co., Ltd., the chairman of Guizhou Sandu shiyouyuan Mining Co., Ltd., the Executive director of Guizhou Zhaoji Mining Group Co., Ltd. and the supervisor of Qiannan dingshengxin Mineral Resources Service Co., Ltd.
But on the surface, the above-mentioned companies and Gcl Energy Technology Co.Ltd(002015) have no intersection. An internal director of Dushan wanfushan Mining Co., Ltd. told the reporter of international finance, “the buyer and the legal person of the company are not the same person. Our company has no business for the time being and has nothing to do with Gcl Energy Technology Co.Ltd(002015) either.”
still in suspense
It is still unknown which company Tan Wei relies on, but in any case, it will cost a lot to win the equity of snowway mining. In addition to the transaction price of 2 billion yuan, the buyer also needs to bear the debt and relevant taxes of 870 million yuan under the corresponding equity, and the total price will be increased to about 3 billion yuan.
Northeast Securities Co.Ltd(000686) analyst Zeng Zhiqin said that based on the auction price of 2 billion yuan, the purchase price of a single ton of LCE in this transaction is about 5080 yuan. However, considering that the transaction commission is 60 million yuan and the debt corresponding to 54.3% equity is 870 million yuan, the actual auction cost is 2.93 billion yuan. If calculated according to this cost, the purchase price of single ton LCE is about 7443 yuan, which is significantly higher than that of other lithium mines in the industry. In May, Gotion High-Tech Co.Ltd(002074) acquired about 1024 yuan of Yifeng lithium mine and Ganfeng Lithium Co.Ltd(002460) acquired about 719 yuan of songshugangtan niobium mine; In March, Guocheng Group acquired dangba lithium mine for about 996 yuan; Last may Chengxin Lithium Group Co.Ltd(002240) purchased Murong lithium mine for about 524 yuan.
Citic Securities Company Limited(600030) believes that the high premium of the equity auction of snowway mining highlights the high popularity of the current lithium industry and the fierce competition for lithium resources. Lithium ore has become the core link restricting the growth of lithium supply, and the continuous rise of lithium ore price also supports lithium price.
However, whether the deal can be concluded is still in suspense. Compared with the transaction price of 2 billion yuan, the auction deposit is only 335300 yuan. According to the bidding process, the buyer shall pay the balance of the bidding transaction price into the account designated by the manager within 7 working days from the time of transaction. If it is overdue, it shall be deemed as the buyer’s breach of contract, and the bidding deposit shall not be refunded. In other words, if Tan Wei can’t come up with nearly 2 billion yuan before May 28, he can only pay the price of more than 300000 yuan.
