Tianqi Lithium Industry issued a stock price change announcement with an annual production capacity of 24000 tons of battery-grade lithium hydroxide monohydrate project in the first phase of the commissioning phase of the Agency.

Tianqi Lithium Industry issued a stock price change announcement, Tianqi Lithium Co., Ltd. stock (stock code: 002466, stock referred to as: Tianqi Lithium Industry) on August 18, 2021, August 19, 2021, August 20, 2021, the closing price deviation accumulated more than 20%, according to the relevant regulations of the Shenzhen Stock Exchange, it belongs to the situation of abnormal fluctuations in stock trading.

In view of the abnormal fluctuations in the company's stock trading, the company's board of directors verified the relevant issues of the company's controlling shareholders, actual controllers and all directors, supervisors and senior managers of the company by means of e-mail and telephone inquiries. The relevant information is now announced as follows: 1. The current operating situation of the company is normal, and no major changes have taken place in the internal and external business environment; 2. There is no need to correct or supplement the information disclosed in the previous period of the company. 3. The company has not found that the recent public media has reported or has had a greater impact on the stock trading price of the company. 4. The company, the controlling shareholder and the actual controller do not have significant matters that should be disclosed but not disclosed or are in the planning stage; 5. After self-examination, the controlling shareholder, the actual controller and the company do not violate the regulations of fair information disclosure; 6. During the abnormal fluctuation of the stock, the controlling shareholder and the actual controller do not buy or sell the shares of the company.

The announcement also mentioned that the company expects the net profit attributed to shareholders of listed companies to be 78 million yuan to 116 million yuan in the first half of 2021.

With the joint efforts of the relevant departments of the company's headquarters, the technical team assigned to Australia, the Australian external experts and the Tianqi Lithium Kwinana Pty Ltd team, the first phase of the "24000 tons of battery-grade lithium hydroxide project" built by the company in Quinana, Australia, is stepping up the progress of the debugger as planned. At present, the public works, rotary kiln and acidizing kiln in the fire law zone have been completed. The commissioning of the pressing section, purification and impurity removal and evaporation crystallization process section in the wet zone will strive to achieve the full completion and operation of the project by the end of 2021, enter the capacity climbing stage, and strive to reach the design capacity by the fourth quarter of 2022. At present, the project is still in the commissioning stage, and the time when the project will be put into production is still uncertain. the company will fulfill the obligation of information disclosure in accordance with the relevant regulations and time after reaching the relevant standards.