Ganfeng Lithium Group Co., Ltd. — Capital/Financing Update 2021

Jul 14, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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(A joint stock company incorporated in the People’s Republic of China with limited liability)

(Stock Code: 1772)

INSIDE INFORMATION

POSITIVE PROFIT ALERT

This announcement is made by Ganfeng Lithium Co., Ltd. (the “ Company ”) and its subsidiaries (collectively, the “ Group ”) pursuant to Rule 13.09(2) (a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The Board wishes to inform that the unaudited results of the Group under the International Accounting Standards for the six months ended June 30, 2021 (the “ Reporting Period ”) are expected to increase significantly as compared to the corresponding period last year, primarily due to: (1) the products sales price of the Company was higher than expected during the Reporting Period; (2) due to the increase in fair value of financial assets held by the Company such as Pilbara during the Reporting Period.

As the Group’s unaudited interim results for the period has not yet been finalised, the information contained in this announcement is based on information that is currently available and the preliminary unaudited consolidated management accounts of the Group which have not yet been reviewed by the Company’s audit committee.

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The unaudited interim results of the Group for the Reporting Period are expected to be published before the end of August 2021.

Shareholders and potential investors are advised to exercise caution when dealing in the shares of the Company.

By order of the Board GANFENG LITHIUM CO., LTD. LI Liangbin Chairman

Jiangxi, PRC July 14, 2021

As at the date of this announcement, the Board comprises Mr. LI Liangbin, Mr. WANG Xiaoshen, Ms. DENG Zhaonan and Mr. SHEN Haibo as executive directors of the Company; Mr. YU Jianguo and Ms. YANG Juan as non-executive directors of the Company; and Mr. LIU Jun, Ms. WONG Sze Wing, Ms. XU Yixin and Mr. XU Guanghua as independent non-executive directors of the Company.

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