Ganfeng Lithium Group Co., Ltd. — Capital/Financing Update 2024

Dec 16, 2024

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.

赣锋律业

Ganfeng Lithium

Ganfeng Lithium Group Co., Ltd.

江西赣锋鲤菜集團股份有限公司

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

(Stock Code: 1772)

OVERSEAS REGULATORY ANNOUNCEMENT

ANNOUNCEMENT ON RESULTS OF ISSUANCE OF
2024 FIRST TRANCHE SHORT-TERM COMMERCIAL PAPERS
(SCI-TECH INNOVATION NOTES)

Ganfeng Lithium Group Co., Ltd. (the "Company") approved the resolution on the general mandate to issue domestic and overseas debt financing instruments at the 75th meeting of the fifth session of the board of director and the annual general meeting of the Company held on 28 March 2024 and 25 June 2024 respectively. For details, please refer to the announcement on "The Poll Results of The 2023 Annual General Meeting" published by the Company on 25 June 2024. In September 2024, the National Association of Financial Market Institutional Investors (中國銀行間市場交易商協會) issued a notice of acceptance of registration that the registration of issuance of short-term commercial papers with a registered amount of RMB1.5 billion by the Company has been accepted. For details, please refer to "the Announcement on the Approval of Registration for the Medium-Term Note and Short-Term Commercial Papers" published by the Company on 27 September 2024.

• 1 -

---

The Company completed the issuance of the 2024 first tranche short-term commercial papers (sci-tech innovation notes) (the "Short-Term Commercial Papers") on 13 December 2024. The details of the issuance terms are as follows:

Name	2024 First Tranche Short Term Commercial Papers of Ganfeng Lithium Group Co., Ltd. (sci-tech innovation notes)	Short Name	24 Ganfeng Lithium CP001 (sci-tech innovation notes)
Code	042480624. IB	Term	1 year
Proposed issuance amount	RMB750 million	Actual issuance amount	RMB750 million
Interests calculation	Repayable on maturity with a one-off payment of the principle and the interest	Issue date	13 December 2024
Value Date	16 December 2024	Redemption Date	16 December 2025
Interest rates	1.86%	Issue price (Par value)	RMB100
Bookrunner	CITIC Securities Co., Ltd
Lead underwriter	CITIC Securities Co., Ltd
Joint lead underwriter	Industrial Bank Co., Ltd

The Short-Term Commercial Papers were publicly offered in the interbank bond market in the PRC through book-building and centralized placing processes. Proceeds will be used for repayment of interest-bearing debts that are due.

The Company is not a party subject to liabilities for dishonesty. Please refer to the website of Chinamoney (www.chinamoney.com.cn) and the website of Shanghai Clearing House (www.shclearing.com) for the relevant documents for the issuance of the Short-Term Commercial Papers.

• 2 -

---

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

By order of the Board

GANFENG LITHIUM GROUP CO., LTD.

LI Liangbin

Chairman

Jiangxi, PRC

December 16, 2024

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. Luo Rong as non-executive directors of the Company; and Mr. WANG Jinben, Mr. Wong Ho Kwan, Ms. XU Yixin and Mr. XU Guanghua as independent non-executive directors of the Company.

• 3 -