Ganfeng Lithium issues innovation bonds, shareholder adjusts pledged shares

Ganfeng Lithium announced the successful issuance of its 2025 first tranche technology innovation bonds. The bonds, totaling 50,000 yuan, have a 180-day term with an interest rate of 2.33%, maturing on June 21, 2026. The funds will primarily replace the company's self-funded M&A loans.

Concurrently, the company reported changes in share pledges by shareholder Wang Xiaoshen. Wang Xiaoshen pledged an additional 1,400,000 shares, representing 0.99% of their holding and 0.07% of the company's total share capital. This pledge began on December 22, 2025, and serves personal capital needs, with China Merchants Securities Co., Ltd. as the pledgee.

Furthermore, Wang Xiaoshen also released pledges totaling 2,230,000 shares across multiple agreements. As of the announcement date, Wang Xiaoshen's total pledged shares amount to 64,660,000 shares, representing 45.71% of their total holding and 3.08% of the company's total share capital. The company affirmed that the pledges do not impact operations or governance, and there is no current risk of forced liquidation.