Ganfeng Lithium adjusts guarantees for subsidiaries, provides new guarantees

Ganfeng Lithium (SZSE:002460) announced it has adjusted its guarantee quotas and provided new guarantees for its holding subsidiaries. This move follows approvals at the company's board and shareholder meetings earlier this year. Specifically, Ganfeng Lithium's subsidiary, Ganfeng Lithium Battery Technology, reallocated a guarantee quota of CNY 15 million from its subsidiary, Nanchang Ganfeng Lithium Battery Technology, to Guangdong Huichuang New Energy Technology. Post-adjustment, Ganfeng Lithium Battery Technology's guarantee amounts are CNY 35 million for Nanchang Ganfeng Lithium Battery Technology and CNY 45 million for Guangdong Huichuang.