Ganfeng Lithium provides guarantees for subsidiary financing

Ganfeng Lithium (SZSE:002460) announced that its wholly-owned subsidiary, GFL International Company Limited, will provide guarantees for financing to Litio Minera Argentina S.A. (LMA) and Minera Exar S.A.. Specifically, it is guaranteeing USD 10,736,056.2 for LMA to open a financing letter of guarantee with SCB Hong Kong Branch to Renault Argentina S.A.. It is also guaranteeing USD 5,000,000 for Minera Exar to open a financing letter of guarantee with Santander Bank Hong Kong Branch to Santander Bank Argentina Branch.