Announcement on the Proposed Use of Self-Funds for Derivative Trading
Securities Code: 002460
Securities Abbreviation: Ganfeng Lithium
Document Number: Lin 2026-058
Jiangxi Ganfeng Lithium Co., Ltd. and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
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As Jiangxi Ganfeng Lithium Co., Ltd. (hereinafter referred to as "the Company") advances its global layout, its overseas industrial investments are gradually increasing. The Company and its subsidiaries plan to moderately engage in derivative trading to reduce market volatility risks associated with cross-border investments and enhance financial stability. The trading products will be financial derivatives (including but not limited to options and forward products), linked to underlying assets including the Company's stock assets, involving overseas and over-the-counter transactions. During the authorization period, the proposed trading margin and premiums will not exceed RMB 4 billion (or equivalent foreign currency), and the maximum contract value held on any trading day will not exceed RMB 4 billion (or equivalent foreign currency). The above limits can be used in a rolling manner within the approval period.
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The above matters have been reviewed and approved by the 16th meeting of the 6th Board of Directors of the Company and are subject to shareholder meeting approval.
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Risk Warning: There may be decision-making and market risks, liquidity risks, operational risks, and performance risks during the derivative trading process. The Company will actively implement risk control measures and fulfill subsequent information disclosure obligations in a timely manner as required. Investors are advised to pay attention to risks.
I. Overview of Investment Situation
- Trading Purpose: As the Company advances its global layout, its overseas industrial investments are gradually increasing. The Company and its subsidiaries plan to moderately engage in derivative trading to reduce market volatility risks associated with cross-border investments and enhance financial stability.