Ganfeng Lithium Group Co., Ltd. had applied to the National Association of Financial Market Institutional Investors for registration of the super short-term commercial papers with a size of no more than RMB 2,000 million in August 2025. In August 2025, the National Association of Financial Market Institutional Investors issued a notice of acceptance of registration that the registration of issuance of super short-term commercial papers with a registered amount of RMB 2,000 million by the Company had been accepted. The Company completed the issuance of the 2025 first tranche science and technology innovation notes (M&A) (the "Super Short-Term Commercial Papers") on December 22, 2025.
The term of the notes is 180 days, with a value date of December 23, 2025 and a redemption date of June 21, 2026. The actual issuance amount is RMB 500 million, with an interest rate of 2.33%. The issue price is RMB 100 per par value of RMB 100.
The bookrunner and lead underwriter is Shanghai Pudong Development Bank Co., Ltd, and the joint lead underwriters are Bank of China Limited, China Merchants Bank Co., Ltd. and Industrial Bank Co., Ltd. The proceeds of the Super Short-Term Commercial Papers will be used for the replacement of self-owned funds of the Company for repaying merger and acquisition loans within one year.
