August 2020, Ganfeng Lithium Co., Ltd. (Ganfeng Lithium) completed the public issuance of A shares convertible bonds.
Ganfeng Lithium's current issuance of convertible bonds aims to raise 2,108 million CNY at most, and will utilize the funds in purchasing part of the equity of Minera Exar S.A., upgrading and expanding the 10,000-ton lithium salt project, and supplementing the working capital. The implementation of the aforementioned projects will improve Ganfeng lithium's control scale to the quality lithium resources upstream, assist Ganfeng lithium to enter the global mainstream supply chain of Lithium-ion new energy vehicle, promote the business strength of Ganfeng lithium, and support the long-term strategic development of Ganfeng lithium.
Ganfeng Lithium is one of the world's leading lithium ecological enterprises, with the production capacity of more than 40 lithium compounds and metallic lithium products in five major categories, and is one of the most complete lithium product manufacturers. Products of Ganfeng Lithium are widely used in applications such as electric vehicles, aerospace, functional materials and pharmaceutical, and most of its customers are global leaders in their respective industries.
As a long-term partner of Ganfeng Lithium, Llinks provided legal services for Ganfeng Lithium's issuance of convertible bonds as the counsel of the issuer.
