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Gan FENG lithium, the world's largest producer of lithium metals, was successfully listed overseas

Sep 20, 2019   Pageview:1083

On the evening of June 14, c Gan FENG Lithium Co.,Ltd.(hereinafter referred to as "Gan FENG Lithium") released the announcement that the initial public offering of foreign capital stocks listed abroad (H shares) was approved by the China securities regulatory commission.

According to the approval, the China securities regulatory commission (CSRC) approved the company to issue no more than 213,077,566 newly listed foreign capital shares with a par value of 1 yuan per share, all of which are ordinary shares. Upon completion of the offering, the company may list on the main board of the stock exchange of Hong Kong limited (" SEHK ").

The announcement also pointed out that the listing of foreign capital stocks listed overseas is still subject to the final approval of the Hong Kong stock exchange.

It is known that GANFENG lithium is the most complete variety of domestic lithium series products, the longest product processing chain and the most comprehensive professional producer of technology, and it is also the only domestic enterprise that produces lithium battery products by large-scale utilization of lithium recycling materials. The main products of the company are lithium metal, lithium carbonate, lithium hydroxide, lithium fluoride and lithium BUTYL, among which lithium metal has a market share of 50% and is the world's largest producer of lithium metal. At present, the domestic market share of lithium carbonate company is 23%. Lithium BUTYL is the largest domestic producer; Lithium hydroxide is mainly sold to Sam sung and LG.

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