Ganfeng Lithium shareholders approve financial leasing business

Ganfeng Lithium Group Co., Ltd. has confirmed that the proposed resolution to commence financial leasing business, with the company and a joint venture acting as joint lessees, was duly passed at its Fourth Extraordinary General Meeting (EGM) of 2025. The EGM was held on December 11, 2025, in Xinyu, Jiangxi Province, PRC. The resolution was passed as a special resolution, indicating strong shareholder support.

The resolution saw overwhelming approval, with 676,718,999 votes cast in favor, representing 99.8705% of the total votes cast. A total of 446,300 votes were cast against the resolution (0.0659%), while 431,026 votes abstained (0.0636%). The total number of shares voted at the EGM was 677,596,325, representing 32.3320% of the company's total number of shares entitled to vote. Computershare Hong Kong Investor Services Limited served as the H share scrutineer for the vote-taking process.

As of the EGM date, the company's total issued shares stood at 2,095,744,004, comprising 1,613,593,699 A shares and 482,150,305 H shares. Futu Trustee Limited and a nominee account, holding 4,256,200 unvested H shares, abstained from voting as per listing rules. The board expressed satisfaction with the outcome, affirming that the resolution met the necessary two-thirds majority required for a special resolution.