On November 17, Ganfeng Lithium issued an announcement stating that the company had completed the delivery of the 29.5355% equity stake in Shenzhen Easy Storage held by it to Wanxin Green Energy (Suqian) Partnership, with a transaction consideration of RMB 443,032,500.

Recently, Ganfeng Lithium received a notice from Shenzhen Easy Storage informing that the latter had completed the equity transfer delivery and industrial and commercial registration changes. Earlier, at the 8th meeting of the 6th Board of Directors held on October 17, 2025, Ganfeng Lithium reviewed and approved the Proposal on Transferring Part of the Equity of Shenzhen Easy Storage, a Controlled Subsidiary, Introducing Strategic Investors and Involving Connected Transactions.

Upon the completion of the equity transfer delivery, the registered capital of Shenzhen Easy Storage increased to RMB 646,780,000, and Ganfeng Lithium’s shareholding ratio dropped to 40.0399%, meaning that Shenzhen Easy Storage will no longer be included in Ganfeng Lithium’s consolidated financial statements.

The introduction of strategic investors this time will help enhance Shenzhen Easy Storage’s capital strength, reduce its asset-liability ratio, optimize its equity structure, and promote its sustainable and high-quality development.

All parties involved in this transaction will give full play to and leverage their respective advantages to establish a strategic cooperation mechanism. This will help Ganfeng Lithium improve its industrial chain layout, which is in line with its development strategy of integrating the upstream and downstream sectors of the lithium ecosystem.

Source：EnergyTrend