Ganfeng Lithium announced that the company provides joint and several liability guarantees for the holding subsidiary. Among them, the maximum guarantee for the debt of Jiangxi Ganfeng Lithium Battery Technology Co., Ltd. with the Agricultural Bank was 94.8 million yuan; the maximum guarantee for Minera Exar S.A. syndicated debt was no more than 200 million US dollars. As of the disclosure date of the announcement, the company's actual guarantee balance for holding subsidiaries was 14.354 billion yuan, all within the approved amount. The amount of effective external guarantee approved by the company did not exceed 35.650 billion yuan, accounting for 78.97% of the latest audited net assets; the total external guarantee balance was 23.584 billion yuan, accounting for 52.24%.

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