Ganfeng Lithium shareholder releases substantial share pledge

Jiangxi Ganfeng Lithium Group Co., Ltd. announced today that its shareholder, Mr. Li Liangbin, has released a pledge on 20,000,000 shares of the company. These shares represent 5.28% of his total holdings and 0.95% of the company's total share capital. The pledge, held by Tibet Trust Co., Ltd., was initiated on December 17, 2024, and released on December 19, 2025.

Following this release, Mr. Li Liangbin and his concerted parties now have 86,948,000 shares pledged, constituting 21.38% of their total holdings and 4.14% of Ganfeng Lithium's total share capital. The company clarified that this release does not involve any performance compensation obligations and does not impact the company's production, operations, or governance.

Ganfeng Lithium stated that the shareholders do not have issues with non-operating capital occupation or illegal guarantees that would harm the company's interests. As of the announcement date, the pledged shares do not face liquidation risks or forced liquidation, with pledge risks deemed controllable. The company will continue to monitor the pledge situation and fulfill information disclosure requirements.