Ganfeng Lithium (01772.HK): The company's actual controller and chairman proposes to repurchase the company's A-share shares.

Zhitong Finance APP News, Ganfeng Lithium (01772.HK) issued an announcement. Based on confidence in the company's future sustainable development and recognition of the company's long-term value, and at the same time to safeguard the interests of the company and the broad investor base, enhance investor confidence, effectively improve returns for the company's shareholders, and promote the company's steady and high-quality development, and in light of the company's current operating conditions, financial position, and future development strategy, Mr. Li Liangbin, the company's actual controller and chairman, proposed that the company repurchase some of the company's already issued RMB ordinary shares (A shares) through the Shenzhen Stock Exchange stock trading system by way of centralized bidding trading, for the purpose of safeguarding the company's value and shareholders' rights and interests. The total amount of repurchase funds for this repurchase shall be no less than RMB 200 million (inclusive) and no more than RMB 400 million (inclusive), with the specific amount subject to the share repurchase plan approved by the board of directors.