Jiangxi Ganfeng Lithium Group Co., Ltd. ("Ganfeng Lithium") held the 83rd meeting of the fifth board of directors and the 57th meeting of the fifth board of supervisors on September 26, 2024, and approved the resolution on the cancellation of certain stock options. This cancellation involves a total of 0.833 million shares from the 2022 stock options incentive plan, due to the departure of 3 incentive recipients for personal reasons and expiration of unexercised stock options. The company stated that this will not have a substantial impact on the company's financial condition and operational results. Meanwhile, Ganfeng Lithium's wholly-owned subsidiary Jiangxi Ganfeng Circular Technology Co., Ltd. signed a equity cooperation agreement with Nanjing Public Utilities Development Co., Ltd. and Nanjing Environment Group Co., Ltd., planning to jointly invest in establishing Nanjing Public Utilities Ganfeng Circular Technology Co., Ltd., promoting circular economy industry layout, and extensively developing urban mineral resources. Ganfeng Lithium believes that this cooperation is beneficial for improving the industry chain layout, enhancing the company's core competitiveness and profitability.

Jiangxi Ganfeng Lithium Group Co., Ltd. ("Ganfeng Lithium") held the 83rd meeting of the fifth board of directors and the 57th meeting of the fifth board of supervisors on September 26, 2024, and approved the resolution on the cancellation of certain stock options. This cancellation involves a total of 0.833 million shares from the 2022 stock options incentive plan, due to the departure of 3 incentive recipients for personal reasons and expiration of unexercised stock options. The company stated that this will not have a substantial impact on the company's financial condition and operational results. Meanwhile, Ganfeng Lithium's wholly-owned subsidiary Jiangxi Ganfeng Circular Technology Co., Ltd. signed a equity cooperation agreement with Nanjing Public Utilities Development Co., Ltd. and Nanjing Environment Group Co., Ltd., planning to jointly invest in establishing Nanjing Public Utilities Ganfeng Circular Technology Co., Ltd., promoting circular economy industry layout, and extensively developing urban mineral resources. Ganfeng Lithium believes that this cooperation is beneficial for improving the industry chain layout, enhancing the company's core competitiveness and profitability.