Ganfeng Lithium Co (HK:1772) has released an update.
Ganfeng Lithium Group Co., Ltd. has received approval from the National Association of Financial Market Institutional Investors to issue up to RMB5 billion in medium-term notes and RMB1.5 billion in short-term commercial paper, aiming to optimize its debt structure and support business growth. The company plans to proceed with the issuance when market conditions are favorable and will provide further updates in compliance with legal and regulatory requirements. Shareholders and potential investors are advised to exercise caution in their dealings with the company’s securities.
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