Ganfeng Lithium approves key subsidiary guarantee at AGM

Ganfeng Lithium's AGM saw the approval of all proposed resolutions, including the key agenda item concerning a guarantee for a holding subsidiary. Shareholders representing 640,836,857 shares, or 31.7691% of the total share capital, participated in the meeting via on-site and online voting. The resolution on the subsidiary guarantee secured overwhelming support, with 92.9361% of votes in favor. The meeting also saw the election of the sixth board of directors, with key figures such as Li Liangbin, Wang Xiaoshen, and Shen Haibo being elected as non-independent directors. The election of independent directors, including Huang Haojun and Xu Guanghua, was also confirmed. Legal counsel from Han Kun Law Offices Shanghai provided assurance regarding the meeting's compliance and validity.