Ganfeng Lithium issues first tranche of innovation notes

Ganfeng Lithium Group Co. announced the successful issuance of its 2025 first tranche science and technology innovation notes (M&A) on December 22, 2025. The issuance, with a proposed and actual amount of 500 million yuan, carries an interest rate of 2.33% and a term of 180 days, maturing on June 21, 2026. The notes were priced at 100 yuan per par value.

The proceeds from these super short-term commercial papers will be utilized to replace the company's self-owned funds, specifically for repaying merger and acquisition loans within one year. This initiative is part of Ganfeng Lithium's strategy to optimize its debt structure, broaden financing channels, and reduce financing costs to support business development.

Shanghai Pudong Development Bank Co. acted as both bookrunner and lead underwriter, with Bank of China Limited, China Merchants Bank Co., and Industrial Bank Co. serving as joint lead underwriters for the issuance.