Tianqi Lithium Corporation (09696) plans to invest 250 million yuan to establish a partnership with Anhui Yinqi and Zhuhai Yinwan to deepen cooperation with the new materials and new energy industry chain.
Tianqi Lithium (09696) announced that in order to deepen cooperation with the new materials and new energy industry chain, it will carry out business expansion...
Tianqi Lithium Corporation (09696) announced that in order to deepen the company's cooperation with the new materials and new energy industry chain, expand new business opportunities, and explore opportunities for circular development in the industry chain while implementing the vertical integration development strategy, the company's wholly-owned subsidiary Chengdu Tianqi Lithium Corporation Co., Ltd. (referred to as "Chengdu Tianqi") signed a "Anhui Yinshan Tianqi Double New Equity Investment Partnership Enterprise (Limited Partnership) Partnership Agreement" and related agreements with Anhui Yinqi Enterprise Management Co., Ltd. (referred to as "Anhui Yinqi"), Zhuhai Yinwan Investment Consulting Co., Ltd. (referred to as "Zhuhai Yinwan"), Anhui New Material Industry Theme Investment Fund Partnership Enterprise (Limited Partnership) (referred to as "Anhui New Material Mother Fund"), and Mingguang Jia Yuan Investment Co., Ltd. (referred to as "Mingguang Investment") on October 22, 2025. It is planned to jointly invest in the establishment of Anhui Yinshan Tianqi Double New Equity Investment Partnership Enterprise (Limited Partnership). The total subscribed capital of the partnership enterprise is 500 million yuan. Chengdu Tianqi, a wholly-owned subsidiary of the company, as a limited partner, will subscribe for 250 million yuan in self-owned funds, accounting for 50% of the total subscribed capital of the partnership enterprise.
The investment areas of the partnership enterprise include new materials, new energy, and related fields, and the investment in the upstream and downstream of the new materials industry chain (i.e. the amount of investment cost actually used for investment projects by the partnership enterprise) shall not be less than seventy percent of the total actual investment amount of the partnership enterprise. The investment stage of the partnership enterprise ranges from early-stage/start-up to mature stage, covering various stages of enterprise development.
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