Tianqi Lithium: Intends to Dispose of Partial Equity of Some of its Invested Companies at an Opportune Time.

Tianqi Lithium announced on February 4th that the company plans to dispose of a portion of its equity in its affiliated companies, including China Innovation Aviation Technology Group Co., Ltd. and Sociedad Qumica y Minera de Chile S.A. This disposal of equity in affiliated companies is intended to revitalize the company's existing assets and improve its asset liquidity, playing a positive role. The method, timing, quantity, price, etc. of this disposal of equity in affiliated companies will depend on the market environment, stock prices, etc. at that time, therefore there is uncertainty. The disposal of a portion of the A-class shares of SQM held by the company will not affect the company's board seats in SQM, nor will it create substantial obstacles for the company's participation in the governance of SQM. Due to the significant volatility of securities market prices, there is a high level of uncertainty regarding the amount of funds to be recovered through disposal.