Tianqi Lithium: The subsidiary subscribed for new shares of Xinfengda Power for 150 million yuan.

Tianqi Lithium announced that its wholly-owned subsidiary, Shehong Tianqi, signed a "Capital Increase Agreement" with Xinwanda Power and its controlling shareholder and actual controller on August 13, 2026. It intends to use 150 million yuan of its own funds to subscribe for an additional 79,218,106 shares of Xinwanda Power, of which 79,218,106 yuan will be included in its registered capital, and the remainder will be included in the capital reserve. Although Xinwanda Power has technical and competitive advantages, it faces risks such as competitors catching up and lower-than-expected development. The company will monitor the progress and disclose it in a timely manner.