Movement Alert｜Ganfeng Lithium Rises 3.39% in Regular Trading, Subsidiary Ganfeng LiEnergy Completes 2 Billion Yuan Capital Increase

Market Focus

Jun 30

On June 30, Ganfeng Lithium (01772.HK) rose 3.39% in regular trading, trading at HK$49.94, with turnover of HK$99.70 million.

On the news front, the company announced that its controlling subsidiary Ganfeng LiEnergy has completed a 2 billion yuan capital increase. The subsidiary introduced ICBC Financial Asset Investment Co., Xingyin Financial Asset Investment Co., and Gongrong Jintou No.6 (Tianjin) Equity Investment Fund Co. as investors, subscribing at a ratio of 3 yuan per 1 yuan of registered capital. Following the completion of industrial and commercial registration changes, Ganfeng Lithium retains a 64.52% stake in Ganfeng LiEnergy. The capital injection is expected to strengthen the subsidiary's battery manufacturing capabilities and support its expansion plans.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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