Summary by Moomoo AI
Jiangxi Ganfeng Lithium Group Co., Ltd. ("Ganfeng Lithium") announced on November 7, 2024, that in order to meet the development and operational needs of its subsidiaries, it has provided guarantees to its holding subsidiaries Jiangxi Ganfeng Lithium Technology Co., Ltd. ("Ganfeng Lithium Electric") and wholly-owned subsidiary Ganfeng International Co., Ltd. ("Ganfeng International"). Ganfeng Lithium Electric signed a maximum amount guarantee contract with the Nanchang Branch of China Everbright Bank, providing joint and several liability guarantees not exceeding RMB 150 million to its wholly-owned subsidiary Guangdong Huichuang New Energy Co., Ltd. Ganfeng International provided guarantees of $9,533,564 to its wholly-owned subsidiary Litio Minera Argentina S.A. for borrowing from third-party institutions. In addition, Mr. Li Liangbin, the company's chairman, recently...Show More