Ganfeng Lithium Group Co., Ltd. (Ganfeng Lithium) has finalized its 2026 first-tranche green medium-term notes (MTN) offering, raising RMB710.00 million on 24 April 2026.

Key terms • Issue size: RMB710.00 million, fully matching the proposed amount. • Tenor: 366 days, maturing on 28 April 2027. • Coupon: fixed at 1.97%. • Issue price: RMB100.00 per RMB100.00 par value.

CITIC Securities acted as both bookrunner and lead underwriter, while Bank of China, Industrial Bank and China Merchants Bank served as joint lead underwriters.

Use of proceeds Net proceeds, after deducting underwriting fees, will be applied to repay Ganfeng Lithium’s outstanding green short-term commercial paper “25 Ganfeng Lithium CP001.”

Background The issuance forms part of the company’s RMB5.00 billion medium-term note programme registered with the National Association of Financial Market Institutional Investors in September 2024. The company stated the move aims to optimize its debt structure, broaden financing channels and lower funding costs.

Ganfeng Lithium confirmed it is not listed among entities subject to dishonesty penalties. Relevant documentation is available on Chinamoney and the Shanghai Clearing House websites.

Shareholders and potential investors are advised to exercise caution when trading the company’s securities.