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Tianqi Lithium Corp. Announces EGM to Approve Subsidiary Cross Guarantees

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Tianqi Lithium Corp. Announces EGM to Approve Subsidiary Cross Guarantees

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Tianqi Lithium Corp. Class H ( (HK:9696) ) has issued an update.

Tianqi Lithium Corporation has announced an extraordinary general meeting (EGM) scheduled for April 29, 2025, to consider and approve cross guarantees between its controlling subsidiaries. This move is indicative of the company’s strategic efforts to enhance financial collaboration and risk management within its subsidiaries, potentially strengthening its operational stability and market position.

More about Tianqi Lithium Corp. Class H

Tianqi Lithium Corporation is a major player in the lithium industry, primarily focusing on the production and supply of lithium compounds. The company operates in the People’s Republic of China and has a significant presence in the global market for lithium products, which are essential for various applications, including electric vehicle batteries and energy storage solutions.

YTD Price Performance: -13.10%

Average Trading Volume: 2,046,596

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$45.52B

Find detailed analytics on 9696 stock on TipRanks’ Stock Analysis page.

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