Securities Code: 002466
Securities Abbreviation: Tianqi Lithium
Announcement No.: 2026-052
Tianqi Lithium Co., Ltd.
Announcement on External Investment by Wholly-Owned Subsidiary and Signing of "Capital Increase Agreement"
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Special Reminder:
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Tianqi Lithium Co., Ltd. (hereinafter referred to as the "Company") wholly-owned subsidiary Tianqi Lithium (Shehong) Co., Ltd. (hereinafter referred to as "Shehong Tianqi") intends to sign the "Capital Increase Agreement of Xinwanda Power Technology Co., Ltd." (hereinafter referred to as the "Capital Increase Agreement") with Xinwanda Power Technology Co., Ltd. (hereinafter referred to as "Xinwanda Power"), Xinwanda Huizhou New Energy Co., Ltd. (hereinafter referred to as "Huizhou Xinwanda"), Wang Mingwang, and Wang Wei, and plans to subscribe for an additional 79.218106 million shares of Xinwanda Power with its own funds of RMB 150 million (hereinafter referred to as the "Transaction").
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The implementation of this transaction is subject to a series of risks. The Company reminds investors to carefully read "IV. Purpose, Risks and Impact of the Transaction" in this announcement. The Company reminds all investors to pay close attention to the Company's subsequent announcements, invest cautiously, and be aware of investment risks.
I. Transaction Overview
(I) Basic Situation
In accordance with the Company's strategic development needs, the Company's wholly-owned subsidiary Shehong Tianqi intends to sign the "Capital Increase Agreement" with Xinwanda Power, Huizhou Xinwanda, Wang Mingwang, and Wang Wei, and plans to subscribe for an additional 79.218106 million shares of Xinwanda Power with its own funds of RMB 150 million. Of this amount, RMB 79.218106 million will be included in Xinwanda Power's registered capital, and the remaining capital increase will be included in Xinwanda Power's capital reserve.
(II) Deliberation Procedures for this Transaction
In accordance with the "Shenzhen Stock Exchange Stock Listing Rules," "The Stock Exchange of Hong Kong Limited Listing Rules," "Articles of Association," and other relevant regulations, this transaction does not constitute a related-party transaction, nor does it constitute a major asset restructuring as defined by the "Administrative Measures for Major Asset Restructuring of Listed Companies." This transaction does not require submission to the Company's Board of Directors or Shareholders' Meeting for deliberation.
II. Basic Situation of the Investment Target
(I) Overview of the Target Asset
- Name and Category of the Investment Target
The Company's wholly-owned subsidiary Shehong Tianqi intends to subscribe for an additional 79.218106 million shares of Xinwanda Power with its own funds of RMB 150 million. Of this amount, RMB 79.218106 million will be included in Xinwanda Power's registered capital, and the remaining capital increase will be included in Xinwanda Power's capital reserve.
- Statement on Ownership Status
The ownership of the transaction target is clear, and there are no circumstances of mortgage, pledge, or any other restriction on transfer. It is not involved in any litigation, arbitration, or seizure, freezing, etc., and there are no other circumstances that hinder the transfer of ownership.
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The Company's Articles of Association or other documents do not contain any clauses that restrict shareholder rights beyond laws and regulations.
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Contribution Method
The transaction will be settled by cash contribution, with funds sourced from the Company's wholly-owned subsidiary Shehong Tianqi's own funds.
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Among the shareholders of Xinwanda Power, except for Sungrow Power Supply Co., Ltd., all others have waived their pre-emptive subscription rights.
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None of the shareholders of the target company or other financing parties are related parties of the Company.