Ganfeng Lithium: Providing a total of 740 million yuan in guarantees for holding subsidiaries.

date
27/05/2026
Ganfeng Lithium announced that its wholly-owned subsidiary, Ganfeng International, provided a credit guarantee of 25 billion West African CFA francs for the debt of its controlling subsidiary, LMSA, in a bank in Mali; and its controlling subsidiary, Ganfeng Lithium Battery, provided joint guarantee responsibilities of 400 million yuan and 300 million yuan for the debt of its wholly-owned subsidiaries, Huizhou Ganfeng and Guangdong Huichuang, in Zhongxin Bank. As of the disclosure date of the announcement, the total outstanding guarantees to third parties of the company and its controlling subsidiaries amounted to 20.984 billion yuan, accounting for 46.48% of the company's most recent audited net assets.