Ganfeng Lithium Offers J&L Guarantee Up to RMB 200M for Subsidiary's Loan from Shanghai Pudong Development Bank

Published: Jul 31, 2024 09:21

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Ganfeng Lithium: Provides Joint and Several Liability Guarantee of Not More Than RMB 200 Million for Its Subsidiary Ganfeng Lithium Battery's Loan from Shanghai Pudong Development Bank Ganfeng Lithium announced that in order to meet the development and production and operation needs of its subsidiary, the company signed a "Maximum Guarantee Contract" with Shanghai Pudong Development Bank Co., Ltd. Nanchang Branch on July 29, 2024, stipulating that the company would provide a joint and several liability guarantee of not more than RMB 200 million for the loan of Jiangxi Ganfeng Lithium Battery Technology Co., Ltd. from Shanghai Pudong Development Bank.

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