Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(A joint stock company incorporated in the People's Republic of China with limited liability)
(Stock Code: 1772)
OVERSEAS REGULATORY ANNOUNCEMENT
This announcement is made pursuant to the disclosure requirements under Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
According to the relevant regulations of the People's Republic of China, GANFENG LITHIUM CO., LTD. (the "Company") had published the following announcement on the website of the Shenzhen Stock Exchange (http://www.szse.cn/). The following is a translation of the official announcement solely for the purpose of providing information.
By order of the Board
GANFENG LITHIUM CO., LTD.
LI Liangbin
Chairman
Jiangxi, PRC
May 12, 2021
As at the date of this announcement, the Board comprises Mr. LI Liangbin, Mr. WANG Xiaoshen, Ms. DENG Zhaonan and Mr. SHEN Haibo as executive directors of the Company; Mr. YU Jianguo and Ms. YANG Juan as non-executive directors of the Company ; and Mr. LIU Jun, Ms. WONG Sze Wing, Ms. XU Yixin and Mr. XU Guanghua as independent non-executive directors of the Company.
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Stock Code：002460 | Stock Abbreviation：Ganfeng Lithium | Number：Lin 2021-094 |
GANFENG LITHIUM CO., LTD.
ANNOUNCEMENT IN RELATION TO RELEASE OF PLEDGE OF CERTAIN SHARES BY THE SHAREHOLDER
The Company and all members of its board of directors warrant that the information contained in this announcement is true, accurate and complete and that there are no false representations or misleading statements contained in or material omissions from this announcement.
Ganfeng Lithium Co., Ltd. (hereinafter referred to as the "Company") recently received a notice from Mr. LI Liangbin, a shareholder of the Company, in relation to his release of pledge of certain shares he held in the Company, the details of which are as follows:
- BASIC INFORMATION ABOUT THE RELEASE OF PLEDGE OF SHARES BY THE SHAREHOLDER
Whether he | Number | ||||||
is the largest | of shares | Percentage in | |||||
shareholder | released from | the total | |||||
and persons | pledge | Percentage | share capital | Commencement | |||
acting in | (0'000 | in the shares | of the | date of the | Release date | ||
Name of shareholder | concert | shares) | held by him | Company | pledge | of the pledge | Pledgee |
LI Liangbin | Yes | 2150 | 7.96% | 1.55% | November 27, | May 10, | Jiangxi Huafu |
2019 | 2021 | Securities (华 | |||||
350 | 1.30% | 0.25% | November 28, | 福证券) | |||
2019 |
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I N F O R M A T I O N A B O U T T O T A L S H A R E S P L E D G E D B Y T H E SHAREHOLDER
As at the date of disclosure of this announcement, the shares pledged by the abovementioned shareholder and his persons acting in concert are as follows:
Shares pledged | Shares not pledged | |||||||||
Number | Number | Number | Number of | |||||||
of shares | of shares | of pledged | shares not | |||||||
pledged | pledged | Percentage | shares | pledged | ||||||
before the | after the | in the total | subject to | Percentage | subject to | |||||
Number of | release | release | Percentage | share capital | trading | in the | trading | Percentage | ||
shares held | Shareholding | of pledge | of pledge | in the shares | of the | moratorium | pledged | moratorium | in the shares | |
Name of shareholders | (share) | percentage | (share) | (share) | held by him | Company | and frozen | share | and frozen | not pledged |
LI Liangbin | 270,269,871 | 19.47% | 90,550,000 | 65,550,000 | 24.25% | 4.72% | 0 | 0 | 0 | 0 |
- The total number of shares pledged by Mr. Li Liangbin and his persons acting in concert are 65,550 ,000 , accounting for 22 .61% of the shares held by them and 4.72% of the total share capital of the company.
- There is no violation of the interests of the company such as non-operating fund occupation and illegal guarantee among the abovementioned shareholders and their persons acting in concert.
- The release of pledge of shares will not affect the company's production operation and corporate governance. The release of pledge of shares do not involve performance compensation obligations.
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As at the disclosure date of this announcement, the abovementioned shares pledged by the abovementioned shareholders and their persons acting in concert are not exposed to close-out risk or subject to forced close-out and the pledge risk is controllable. In case of subsequent pledge risk, the abovementioned shareholders and their persons acting in concert will take measures including but not limited to supplemental pledge and increase in additional margin to cope with the abovementioned risk.
The Company will pay continuous attention to the pledge and make relevant information disclosure as required in a timely manner. Investors are advised to make investment in a rational way and pay attention to investment risk.
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- DOCUMENTS AVAILABLE FOR INSPECTION
- Certificate of registration for share pledge.
- List of frozen shares provided by China Securities Depository and Clearing Corporation Limited
The announcement is hereby given.
The board of directors
Ganfeng Lithium Co., Ltd.
May 12, 2021
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