Ganfeng Lithium and Tengyuan Cobalt jointly hold shares in Jiangxi Yixin Gan Lithium New Energy Co., Ltd.

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It is understood that the shareholders of Jiangxi Yixin Gan Lithium New Energy Co., Ltd. include Ganfeng Lithium (holding 30%) and Tengyuan Cobalt (holding 12%), a member of the Battery 100 Association. Both companies have an important position in the new energy vehicle industry. The joint investment in Jiangxi Yixin Gan Lithium New Energy Co., Ltd. will further promote the development of the new energy vehicle industry.