Ganfeng Lithium
Securities Code: 002460 Securities Abbreviation: Ganfeng Lithium
Jiangxi Ganfeng Lithium Group Co., Ltd.
Announcement No.: Lin 2026-088
Announcement on Progress of Guarantees for Subsidiaries
The Company and all members of its Board of Directors guarantee the content of this announcement is true, accurate and complete, and that there are no false representations, misleading statements or material omissions.
I. Overview of Guarantee Situation
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Jiangxi Ganfeng Lithium Group Co., Ltd. (hereinafter referred to as the "Company" or "Ganfeng Lithium") held its twelfth meeting of the sixth Board of Directors on January 20, 2026, and its first extraordinary general meeting of shareholders in 2026 on March 11, 2026, and approved the "Proposal on the Estimated Limit of External Guarantees for the Company and its Subsidiaries in 2026". It was agreed that the Company would provide a total limit of RMB 20,000 million for joint liability guarantees to its subsidiaries, and that subsidiaries would provide a limit of RMB 8,000 million for joint liability guarantees to other subsidiaries. The total guarantee amount is RMB 28,000 million (including new guarantees and the extension or renewal of existing guarantees). This guarantee limit is valid for 12 months from the date of approval by the Company's shareholders' meeting, and the above limit can be used in a revolving manner. (See Company Announcements: 2026-003, 2026-021)
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The Company signed a "Guarantee Contract" (Contract No.: 36100120260010459) with the Xinyu Branch of Agricultural Bank of China Co., Ltd. (hereinafter referred to as "Agricultural Bank of China"), agreeing that the Company would provide a joint liability guarantee of RMB 94.8 million for the debts of its subsidiary Jiangxi Ganyifeng Lithium Battery Technology Co., Ltd. (hereinafter referred to as "Ganyifeng Lithium Battery") to Agricultural Bank of China.
The Company signed a "Guarantee Contract" with the Shanghai Branch of Natixis Corporate & Investment Bank (acting as the agent bank for the syndicate), agreeing that the Company would provide a joint liability guarantee for the debts of its subsidiary Minera Exar S.A. (hereinafter referred to as "Minera Exar") to the syndicate of banks, with the Shanghai Branch of Natixis Corporate & Investment Bank acting as the agent bank.
The agent bank, the Shanghai Branch of Natixis Corporate & Investment Bank, the Nanchang Branch of Ping An Bank Co., Ltd., the Guangzhou Branch of Bank of East Asia (China) Limited, the Zhuhai Branch of Bank of East Asia (China) Limited, and the Dongguan Branch of China CITIC Bank Corporation Limited, will provide a joint liability guarantee for the principal amount of the syndicate's debt, not exceeding USD 200 million.
II. Basic Information of the Guaranteed Party