Ganfeng Lithium (SHE:002460, HKG:1772) is planning to invest up to 2 billion yuan in low-risk, high-liquidity financial products to generate additional income, according to a Wednesday filing with the Shenzhen bourse.
The funds can be rolled over during the 12-month validity period.
Shares of the lithium company slipped 3% in recent trade on the Shenzhen bourse and 2% on the Hong Kong bourse.