Ganfeng Lithium's Hong Kong shares advance over 3% in morning session following subsidiary's capital raise

Stock News

06/30

Shares of Ganfeng Lithium Group Co.,Ltd. (HKEX: 01772) rose more than 3% during the morning trading session. At the time of writing, the stock was up 2.37% to HK$50.5, with a turnover of HK$52.71 million.

The upward movement follows a company announcement on June 29th. The announcement detailed that its controlling subsidiary, Ganfeng Lithium Battery, has completed a capital increase and share expansion, raising a total of RMB 2 billion. The funds were introduced from investors including ICBC Financial Asset Investment Co., Ltd., Xingyin Financial Asset Investment Co., Ltd., and Gongrong Jintou No. 6 (Tianjin) Equity Investment Fund Co., Ltd., at a price of RMB 3 per unit of registered capital.

According to the announcement, the industrial and commercial registration changes for Ganfeng Lithium Battery have been completed. Following this transaction, Ganfeng Lithium Group retains a 64.52% equity stake in the subsidiary.

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At the time of writing, the stock was up 2.37% to HK$50.5, with a turnover of HK$52.71 million.<br><br>The upward movement follows a company announcement on June 29th. The announcement detailed that its controlling subsidiary, Ganfeng Lithium Battery, has completed a capital increase and share expansion, raising a total of RMB 2 billion. The funds were introduced from investors including ICBC Financial Asset Investment Co., Ltd., Xingyin Financial Asset Investment Co., Ltd., and Gongrong Jintou No. 6 (Tianjin) Equity Investment Fund Co., Ltd., at a price of RMB 3 per unit of registered capital.<br><br>According to the announcement, the industrial and commercial registration changes for Ganfeng Lithium Battery have been completed. Following this transaction, Ganfeng Lithium Group retains a 64.52% equity stake in the subsidiary.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1594","symbol_name":"碳中和概念股","start_time":0,"source_url":"","article_id":"1126612270","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1126612270","pubTimestamp":1782783554,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Shares of Ganfeng Lithium Group Co.,Ltd. (HKEX: 01772) rose more than 3% during the morning trading session. 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