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

Jun 10, 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.

==> picture [237 x 91] intentionally omitted <==

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

(Stock Code: 1772)

CSRC’S APPROVAL ON ISSUANCE OF ADDITIONAL H SHARES UNDER SPECIFIC MANDATE

Reference is made to the circular of Ganfeng Lithium Co., Ltd. (the “ Company ”) dated 25 February 2021 (the “ Circular ”) in respect of, among others, the proposed issuance of H Shares under Specific Mandate. Unless otherwise stated, terms used in this announcement shall have the same meanings as defined in the Circular.

The Company is pleased to announce that, the Company recently has received the Approval on Issuance of Overseas Listed Foreign Shares by Ganfeng Lithium Co., Ltd. (Zheng Jian Xu Ke [2021] No. 1950 《關於核准江西贛鋒鋰業股份有限公司發 行境外上市外資股的批覆》（證監許可 [2021]1950 號）dated June 4, 2021 issued by the CSRC (the “ Approval "). Pursuant to the Approval, the CSRC has approved the Company to issue new overseas listed foreign shares of not more than 48,044,560 shares, all of which are ordinary shares with the nominal value of RMB1.00 per share.

The Board will handle the matters related to the issuance of H Shares in accordance with relevant laws and regulations, the requirements set out in the Approval and the authorization granted at the Company's general meeting and will make appropriate announcement(s) as and when necessary.

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

Jiangxi, PRC June 10, 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.