TIANQI LITHIUM CO., LTD. (THE “COMPANY”) ANNOUNCED THE SUCCESSFUL ISSUANCE ON 12 APRIL 2024 OF THE FIRST SHORT-TERM FINANCING SECURITIES FOR A TOTAL AMOUNT OF RMB 3 BILLION FOR A PERIOD OF ONE YEAR WITH A PAYMENT DATE OF 12 APRIL 2025. The short-term financing rate is 2.35%, with Xingyi Bank Co., Ltd. acting as the bookkeeping manager and principal underwriter, and Bank of China Limited as the co-underwriter. This issuance is pursuant to the resolutions adopted by the Company at the Board Meeting and General Meeting on March 30 and June 16, 2023, agreeing to apply for registration and issuance of debt financing instruments in the amount of not more than RMB60 billion. The Company was granted registration by the Traders' Association in March 2024 for short...Show More

TIANQI LITHIUM CO., LTD. (THE “COMPANY”) ANNOUNCED THE SUCCESSFUL ISSUANCE ON 12 APRIL 2024 OF THE FIRST SHORT-TERM FINANCING SECURITIES FOR A TOTAL AMOUNT OF RMB 3 BILLION FOR A PERIOD OF ONE YEAR WITH A PAYMENT DATE OF 12 APRIL 2025. The short-term financing rate is 2.35%, with Xingyi Bank Co., Ltd. acting as the bookkeeping manager and principal underwriter, and Bank of China Limited as the co-underwriter. This issuance is pursuant to the resolutions adopted by the Company at the Board Meeting and General Meeting on March 30 and June 16, 2023, agreeing to apply for registration and issuance of debt financing instruments in the amount of not more than RMB60 billion. The Company was granted registration by the Traders' Association in March 2024 for short term financing securities and interim notes, of which the registration amount of short-term financing securities was RMB20 billion and the registration amount of interim notes was RMB40 billion. The issuance document has been published on the Shanghai Liquidator's website and on the Chinese currency network. The Board of Directors urges shareholders and potential investors to exercise caution when buying and selling shares and other securities.