Ganfeng Lithium shareholder reduces pledged shareholdings

Jiangxi Ganfeng Lithium Group Co., Ltd. announced that shareholder Mr. Li Liangbin has released the pledge on 4,600,000 shares, representing 1.21% of his total holdings and 0.22% of the company's total share capital. The pledge, which commenced on November 1, 2024, was released on October 31, 2025.

Following this release, Mr. Li Liangbin and his concerted parties now have 90,170,000 pledged shares, down from 94,770,000. This constitutes 22.61% of their total holdings and 4.38% of Ganfeng Lithium's total share capital. The company confirmed this pledge release will not impact its operations or governance and does not involve any performance compensation obligations.

The company stated the current pledged shares do not pose a liquidation risk or threat of forced liquidation. Should any future pledge risks arise, Mr. Li Liangbin will implement measures such as additional pledges or increased collateral. Investors are advised to exercise caution and be aware of investment risks.