Tianli Lithium Energy: Intends to use the remaining raised capital of 642 million yuan to permanently supplement working capital.

date
05/12/2025
Tianli Lithium Energy announced that the company held a meeting on December 3, 2025 to review and approve the proposal to use the remaining raised funds of 642 million yuan to permanently supplement working capital for daily production and operations. This matter still requires approval from the shareholders' meeting. The company raised a net amount of 1.55 billion yuan from its initial public offering, and has already terminated some fundraising projects, completed others, replenished excess funds, and used some of the over-raised funds to buy back shares. As of December 2, 2025, the remaining raised funds total 642 million yuan, including excess funds of 31.0625 million yuan. The sponsoring institution has no objection to this matter.