Ganfeng Lithium Group Co. Ltd. has successfully expanded its operations by completing the acquisition of a 40% equity interest in Mali Lithium, bringing its total ownership to 100%. This move marks a significant step in Ganfeng's strategy to enhance its lithium resource self-sufficiency and profitability. The first phase of the Goulamina Project in Mali, with an annual production capacity of 506,000 tons of spodumene concentrate, has commenced production. Additionally, the establishment of a lithium export transportation line from Mali to China signifies the beginning of a stable and high-quality supply of lithium resources, positively impacting the company's future business performance.