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2026-05-27 16:43:59

Ganfeng Lithium: Provides Guarantees Totaling RMB 740 Million for Subsidiaries. Ganfeng Lithium announced that its wholly-owned subsidiary, Ganfeng International, has provided a credit guarantee of RMB 25 billion (approximately USD 44 million) for the debt of its subsidiary LMSA to a bank in Mali. Ganfeng Lithium Battery, another subsidiary, has provided joint and several guarantees of RMB 400 million and RMB 300 million respectively for the debts of its wholly-owned subsidiaries Huizhou Ganfeng and Guangdong Huichuang to CITIC Bank. As of the date of this announcement, the total outstanding guarantees provided by the company and its subsidiaries amounted to RMB 20.984 billion, representing 46.48% of the company's latest audited net assets.

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