Ganfeng Lithium: Providing a guarantee of 2.5 billion yuan for its subsidiary, with a total guarantee of 10.30 billion yuan.
Ganfeng Lithium announced that on March 10, 2025, the board of directors agreed to provide a guarantee limit of up to 2.8 billion yuan for its subsidiary, which was approved by the shareholders' meeting on April 2. Recently, the company signed a contract with the Yichun Branch of a bank to provide a total of 250 million yuan in joint liability guarantees for its wholly-owned subsidiary, Yichun Yinli New Energy. The guarantee periods are from October 24, 2025 to April 24, 2026 and from October 30, 2025 to October 29, 2026. As of the date of the announcement, the company has actually guaranteed 1.03 billion yuan, accounting for 29.39% of the latest audited net assets attributable to the parent company, with no overdue or abnormal guarantee situations.
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