Ganfeng Lithium Group Co., Ltd. (Stock Code: 1772) announced the completion of its 2025 first tranche green short-term commercial paper issuance on November 4, 2025. The actual issuance amount stood at RMB710 million, carrying an interest rate of 2.38% with a 180-day term, effective from November 5, 2025, to May 4, 2026. According to the announcement, Industrial Bank Co., Ltd. acted as the lead underwriter and bookrunner, with Agricultural Bank of China Limited, Bank of Communications Co., Ltd., and Shanghai Pudong Development Bank Co., Ltd. serving as joint lead underwriters.
Proceeds are designated for repaying interest-bearing debts of the company’s green projects and for the purchase of waste power batteries. The company stated that it is not subject to liabilities for dishonesty and advised shareholders and prospective investors to remain prudent when dealing in its shares and other securities.