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    Home > Chemicals Industry > China Chemical > Ganfeng Lithium plans to spin off Ganfeng Lithium Battery for listing

    Ganfeng Lithium plans to spin off Ganfeng Lithium Battery for listing

    • Last Update: 2022-12-29
    • Source: Internet
    • Author: User
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    On November 23, Ganfeng Lithium issued an announcement that its board of directors approved the company to initiate the spin-off and listing of Ganfeng Lithium Battery on the Shenzhen Stock Exchange, and authorized the company and Ganfeng Lithium Battery management to promote the spin-off and listing of Ganfeng Lithium Battery in a timely manner
    .

    In addition, Ganfeng Lithium issued an announcement on the same day that it would increase the capital and share of Ganfeng Lithium Battery and introduce external shareholders
    .
    The price of this capital increase and share increase is 3 yuan per share
    .
    The external shareholders introduced are 11 external investors such as the second phase of the Advanced Manufacturing Industry Investment Fund (limited partnership), who increased their capital to Ganfeng Lithium Battery by no more than 390 million yuan; The employee shareholding platform Xinyu Hongxiang Service Management Center increased its capital to Ganfeng Lithium Battery by no more than 213 million yuan
    .

    Ganfeng Lithium said that the planned spin-off and listing of the holding subsidiary is conducive to broadening the financing channels of the company's holding subsidiary Ganfeng Lithium Battery, supporting it to seize market opportunities to expand and strengthen the lithium battery business, enhance the company's overall profitability and core competitiveness, and further improve the company's industrial chain layout
    .

    It is reported that Ganfeng Lithium Battery is mainly engaged in the research and development, production and sales of lithium-ion power batteries, fuel cells and energy storage batteries
    .
    The business of its parent company, Ganfeng Lithium, runs through the development of upstream lithium resources, midstream lithium salt deep processing and metal lithium smelting, downstream lithium battery manufacturing and comprehensive recycling of waste batteries, and its products are widely used in electric vehicles, energy storage, chemicals and pharmaceuticals
    .

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