Ganfeng Lithium Co (HK:1772) has released an update.
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Ganfeng Lithium Co. has successfully issued its first tranche of 2024 short-term commercial papers, raising RMB750 million with an interest rate of 1.86%. The proceeds from this issuance, which was completed on December 13, 2024, will be used to repay interest-bearing debts. This issuance reflects the company’s strategic financial management in the PRC’s interbank bond market.
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