GANFENGLITHIUM's wholly-owned subsidiary, GANFENG International, recently applied for a financing guarantee of 50 million USD from third-party Institutions for its holding subsidiary, Minera Exar, to ensure the daily Operation of the Cauchari-Olaroz lithium salt lake project in Argentina. As of the announcement date, GANFENG International's actual guarantee amount for Minera Exar is 0.17 billion USD, equivalent to approximately 1.222 billionllion RMB, within the company's approved guarantee limit of 2 billion RMB. Another shareholder of Minera Exar, Lithium Americas (Argentina) CORP, provides counter-guarantees to GANFENG International in proportion to its shareholding.In addition, GANFENG International decided not to convert its previously invested 15 million USD in Singapore's SRN company into a 25% equity stake in FE Resources Pte. Ltd, and has received the principal and three years of interest from SRN. GANFENGLITHIUM stated that it will continue to explore future cooperation models with SRN. These two decisions indicate that the company is adjusting its overseas investment strategy, strengthening support for core lithium Assets, while cautiously evaluating Other investment opportunities.

GANFENGLITHIUM's wholly-owned subsidiary, GANFENG International, recently applied for a financing guarantee of 50 million USD from third-party Institutions for its holding subsidiary, Minera Exar, to ensure the daily Operation of the Cauchari-Olaroz lithium salt lake project in Argentina. As of the announcement date, GANFENG International's actual guarantee amount for Minera Exar is 0.17 billion USD, equivalent to approximately 1.222 billionllion RMB, within the company's approved guarantee limit of 2 billion RMB. Another shareholder of Minera Exar, Lithium Americas (Argentina) CORP, provides counter-guarantees to GANFENG International in proportion to its shareholding.In addition, GANFENG International decided not to convert its previously invested 15 million USD in Singapore's SRN company into a 25% equity stake in FE Resources Pte. Ltd, and has received the principal and three years of interest from SRN. GANFENGLITHIUM stated that it will continue to explore future cooperation models with SRN. These two decisions indicate that the company is adjusting its overseas investment strategy, strengthening support for core lithium Assets, while cautiously evaluating Other investment opportunities.