Tianqi Lithium announced that its wholly-owned subsidiary Shehong Tianqi plans to sign a “Capital Increase Agreement” with Sunwoda Power, Huizhou Sunwoda, Wang Mingwang and Wang Wei to subscribe for 792.181,000 additional shares of Sunwoda Power with 150 million yuan of its own capital, of which 792.181,000 yuan will be included in the registered capital, and the rest will be included in the capital reserve. This transaction does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the board of directors or shareholders' meeting for consideration. Shehong Tianqi's source of capital is its own capital, which will not have a significant adverse impact on the company's financial and operating conditions this year. It is conducive to cooperation between the company and the downstream industry chain, provides new channels for business development, and is in line with the company's vertically integrated development strategy.

Tianqi Lithium announced that its wholly-owned subsidiary Shehong Tianqi plans to sign a “Capital Increase Agreement” with Sunwoda Power, Huizhou Sunwoda, Wang Mingwang and Wang Wei to subscribe for 792.181,000 additional shares of Sunwoda Power with 150 million yuan of its own capital, of which 792.181,000 yuan will be included in the registered capital, and the rest will be included in the capital reserve. This transaction does not constitute a related transaction or major asset restructuring, and there is no need to submit it to the board of directors or shareholders' meeting for consideration. Shehong Tianqi's source of capital is its own capital, which will not have a significant adverse impact on the company's financial and operating conditions this year. It is conducive to cooperation between the company and the downstream industry chain, provides new channels for business development, and is in line with the company's vertically integrated development strategy.