Ganfeng Lithium Group Co., Ltd. — Director's Dealing 2023

Aug 16, 2023

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)

ANNOUNCEMENT IN RELATION TO DEALINGS IN SECURITIES OF A DIRECTOR DURING THE BLACK-OUT PERIOD

This announcement is made by Ganfeng Lithium Group Co., Ltd. (the “ Company ”) pursuant to paragraph C.14 of Appendix 10 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited (the “ Listing Rules ”).

On August 16, 2023, the Company was informed by Mr. WANG Xiaoshen (“ Mr. Wang ”), an executive director and the president of the Company, that 2,170,000 A shares of the Company (the “ A Shares ”) held by Mr. Wang was pledged as additional collaterals on August 16, 2023 in favor of China Merchants Securities Co., Ltd ( 招商 證券股份有限公司) (“ CMS ”) for a margin loan facility provided by CMS to him (the “ Loan ”) to facilitate his personal financial arrangements (the “ Pledge ”) as demanded by CMS as a result of the recent fall in price of the A Shares.

Pursuant to paragraph A.3 of Appendix 10 to the Listing Rules, the directors of the Company (the “ Directors ”) are prohibited from dealing in any securities of the Company on any day on which its financial results are published and during the period of 30 days immediately preceding the publication date of the half-year results (the “ Black-out Period ”). As disclosed in the announcement of the Company dated August 8, 2023, the meeting of the board of Directors (the “ Board ”) for the publication of the interim results for the six months ended June 30, 2023 is scheduled on August 29, 2023 and the Pledge therefore fell within the Black-out Period and constituted a dealing of A shares by Mr. Wang. Mr. Wang was in a passive position in relation to the Pledge.

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The Directors (except Mr. Wang who is affected by the Pledge) were satisfied that the Pledge during the Black-out Period occurred under exceptional circumstances within the meaning of paragraph C.14 of Appendix 10 to the Listing Rules and should be allowed. To the best of the Directors’ knowledge after making reasonable enquiry, the Company did not have any unpublished inside information (as defined under the Securities and Futures Ordinance, Chapter 571 of the Laws of Hong Kong) when the Pledge was granted on August 16, 2023.

Shareholders of the Company and potential 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 August 16, 2023

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. WANG Jinben, Ms. WONG Sze Wing, Ms. XU Yixin and Mr. XU Guanghua as independent non-executive directors of the Company.

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