Announcement on Progress of Providing Guarantees for Wholly-Owned Subsidiaries
Securities Code: 002460
Securities Abbreviation: Ganfeng Lithium
Announcement No.: Lin 2026-055
Jiangxi Ganfeng Lithium Co., Ltd. (hereinafter referred to as "the Company" or "Ganfeng Lithium") and all members of its Board of Directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
1. Overview of Guarantees
- Jiangxi Ganfeng Lithium Co., Ltd. held its 12th meeting of the 6th Board of Directors on January 20, 2026, and approved the proposal on the expected external guarantee limits for the Company and its subsidiaries at the first extraordinary general meeting of shareholders on March 11, 2026. The Company agreed to provide a joint liability guarantee limit totaling RMB 2 billion for its subsidiaries and agreed to allow subsidiaries to provide a joint liability guarantee limit of RMB 800 million, with a total guarantee amount of RMB 2.8 billion (including new guarantees and extensions or renewals of existing guarantees). This guarantee limit is valid for 12 months from the date of approval by the shareholders' meeting, and the above limits can be reused. (See Company Announcements: 2026-003, 2026-021)
- The Company's wholly-owned subsidiary GFL International Co., Ltd. (hereinafter referred to as "GFL International") has provided a credit guarantee of 25 billion West African francs (approximately USD 4.4 million, subject to slight fluctuations due to exchange rate changes) for its holding subsidiary Lithium Du Mali S.A. (hereinafter referred to as "LMSA") at Bank of Africa Mali (hereinafter referred to as "Mali Bank").
- The Company's holding subsidiary Jiangxi Ganfeng Lithium Technology Co., Ltd. (hereinafter referred to as "Ganfeng Lithium Technology") has provided a joint liability guarantee of RMB 400 million for its wholly-owned subsidiary Huizhou Ganfeng Lithium Technology Co., Ltd. (hereinafter referred to as "Huizhou Ganfeng") at China CITIC Bank Dongguan Branch (hereinafter referred to as "CITIC Bank").
- Ganfeng Lithium Technology has provided a joint liability guarantee of RMB 300 million for its wholly-owned subsidiary Guangdong Huichuang New Energy Co., Ltd. (hereinafter referred to as "Guangdong Huichuang") at CITIC Bank.