Ganfeng Lithium Group Co., Ltd. Class A · SZSE:002460
Ganfeng Lithium Group Co., Ltd. Class A — Investor Presentation (April 2022)
17 slides from Ganfeng Lithium Group Co., Ltd. Class A's investor presentation, April 2022
Slide 1: Company Presentation
Company Presentation April 2022 Strictly Private and Confidential
Slide 2: 1. Recent Developments
1. Recent Developments ‘ \/ \ = - \
Slide 3: Ganfeng Lithium – China's Largest Lithium Compounds Producer
Ganfeng Lithium – China’s Largest Lithium Compounds Producer 100kt No.1 Lithium Hydroxide and Lithium LCE Production Capacity has Metals Production Capacity been completed in China in 2021 Globally 9 565 Investments in Research & Upstream Resources Development Staff RMB11.04bn (US$1.73bn)1 RMB3.95bn
Slide 4: Lithium Resources Developments
Lithium Resources Developments Mount Marion Cauchari-Olaroz Mariana Sonora Goulamina Spodumene Brine Brine Clay Spodumene Ganfeng holds 50% equity Ganfeng holds 46.67% equity Ganfeng holds 100% equity Ganfeng holds 50% equity Ganfeng holds 50% equity interests at project level. interests at project
Slide 5: Recent Developments and Future Plans
Recent Developments and Future Plans Lithium chemical capacity expansion Lithium Chemical Capacity Battery Recycling Capacity 100k tons LCE supply capacity 34k tons of used battery recycling has been completed in 2021; capacity has been established, and 5k tons LCE has been recycled in 2021; Expect
Slide 6: Lithium Battery – Ganfeng LiEnergy
Lithium Battery – Ganfeng LiEnergy 1 Ganfeng LiEnergy reached strategic cooperation intention with various customers regarding automotive power batteries, development of solid-state batteries, application of photovoltaic energy storage and comprehensive recycling of used lithium batteries. Recent 2
Slide 7: Market view
Market view 600000.00 4000 3500 500000.00 3000 Pricing Outlook 400000.00 2500 ✓• Lithium Carbonate price is expected to remain long- 300000.00 2000 term strong due to growing demand and climbing industry marginal production cost 1500 200000.00 ✓• Rising market price of 1000 Spodumene Concentrate in
Slide 8: Proven Financial Track Record
Proven Financial Track Record Revenue Gross Profit | Gross Profit Margin (RMB mm, %, RMB 000/ton) (RMB mm, %) 38% 40% 36% 24% 21% 40% 12,000 11,043 10,000 8,000 6,000 5,246 5,489 4,890 5,000 4,357 4,171 4,000 4,000 2,633 3,000 1,675 1,754 2,000 2,000 1,005 1,238 1,161 1,000 0 0 2016A 2017A 2018A 201
Slide 9: 2021 Quarter Financial Update
2021 Quarter Financial Update Revenue1 (RMB mm) 4,500 2021 Highlight 4,000 3,500 2021 Lithium products total production 89,742 3,000 LCE, total sales 90,718 LCE 2,500 2021 Revenue, Gross Profit and GP margin 2,000 increase due to Lithium products quantity and 1,500 price increase 1,000 500 Bas
Slide 10: 2. Investment Highlights
2.1 estm a ighlights GanfengLithium
Slide 11: Vertically Integrated Business Model with Synergies Across the Value Chain
1 Vertically Integrated Business Model with Synergies Across the Value Chain Spodumene Clay Brine Li Li Pharmaceutical Used battery recycling Raw materials of lithium Catalyst Recycling Ni, Mn, Co ceuticals Pharma- Ternary Lithium Lithium Other Lithium Lithium Lithium precursor Hydroxide Carbonate C
Slide 12: World-leading Position in Lithium Compounds and Metals with High Barriers to Entry
2 World-leading Position in Lithium Compounds and Metals with High Barriers to Entry Upstream and Midstream Segments Offer the Highest Margin High Barriers to Entry Favoring Established Producers Lithium Upstream Lithium Cathode Hexafluoro- Lithium Resources Compounds Materials phosphate Electrolyte
Slide 13: Access to Secure, High Quality Supply of Lithium Raw Materials
3 Access to Secure, High Quality Supply of Lithium Raw Materials Ireland • Avalonia (Spodumene) – Resource: In preliminary exploration China – Equity interest: 55.0% • Ningdu Heyuan (Spodumene) – Resource2: 0.1 mt LCE – Equity interest: 100.0% Mali • Qinghai Yiliping (Brine) • Goulamina (Spodumene)
Slide 14: Access to Secure, High Quality Supply of Lithium Raw Materials (Cont'd)
3 Access to Secure, High Quality Supply of Lithium Raw Materials (Cont’d) Our upstream offtakes are sufficient to support our downstream demand and the flexible pricing mechanism provide us margin protection in tough environment. Type of Project name Current offtaking situation Project progress reso
Slide 15: Lowest-CAPEX Intensity for New-Build Capacity
4 Lowest-CAPEX Intensity for New-Build Capacity Chemical Plant Capital Intensity (US$/ton LCE) 25,000 Ganfeng has an experienced in-house EPC team that has delivered industry- 20,000 leading production capacities with the lowest CAPEX 15,000 10,000 5,000 0 Ganfeng Ganfeng Jiangte* Yahua* Shandong Ge
Slide 16: Blue-chip Customer Base with High Visibility for Growing Demand
5 Blue-chip Customer Base with High Visibility for Growing Demand Cathode Battery OEMs Producers Producers Fixed Volume Long-term Market-based Adjustable Contract 1 2 Contracts Pricings • Most of contracts lock down Supply Contracts & Selected • Help establish long-term purchasing volumes from clien
Slide 17: Visionary and Experienced Management Team with an Established Talent Pool
6 Visionary and Experienced Management Team with an Established Talent Pool • Mr. Li, our founder, has been serving as Chairman of • Mr. Wang joined Ganfeng in 2006 and was the Board of Directors since the incorporation of appointed Vice Chairman of the Board of Directors Ganfeng in 2010 • He has be
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