---
title: "Ganfeng Lithium faces potential insider trading charges in case dating back 5 years"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/271057648.md"
description: "Ganfeng Lithium faces potential insider trading charges related to its trading of Jiangte Motor shares in August 2020, during a sensitive period involving insider information. The case has been transferred to the local procuratorate for review. Ganfeng profited RMB 1.1053 million ($157,810) from these trades and has since rectified the issues and paid fines. The company's operations remain unaffected. Ganfeng is also planning a $500 million lithium battery project in Turkey."
datetime: "2025-12-30T03:24:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/271057648.md)
  - [en](https://longbridge.com/en/news/271057648.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/271057648.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/271057648.md) | [繁體中文](https://longbridge.com/zh-HK/news/271057648.md)


# Ganfeng Lithium faces potential insider trading charges in case dating back 5 years

> -   Ganfeng traded Jiangte Motor shares during a sensitive period involving insider information in August 2020, profiting RMB 1.1053 million ($157,810).
> -   Ganfeng said that the case has been transferred from police in Yichun to the local procuratorate for review on suspicion of insider trading.

(File photo shows Ganfeng Lithium's battery cell production workshop. Image credit: Ganfeng Lithium)

Chinese lithium giant Ganfeng Lithium (SHE: 002460, HKG: 1772) faces potential insider trading charges as a case originating five years ago continues to progress.

The company said in a stock exchange announcement yesterday that it had received notification the case had been transferred from police in Yichun, Jiangxi, to the local procuratorate for review on suspicion of insider trading.

Ganfeng rectified the alleged issues in 2024 and paid fines, the company said in the announcement.

Join us on Telegram or Google News

The company's production and business operations remain normal and are not expected to be affected by this case, it said.

The case involves Ganfeng's stock trading of Jiangxi Special Electric Motor (Jiangte Motor) (SHE: 002176), a manufacturer of electric motors and lithium products.

In August 2020, Ganfeng signed an agreement to acquire a controlling stake in Jiangte Motor to resolve the latter's risk of delisting from the A-share market due to two consecutive annual losses. The transaction ultimately failed later that month.

Ganfeng traded Jiangte Motor shares through its securities account during the sensitive period of insider information that month, profiting RMB 1.1053 million ($157,810).

The China Securities Regulatory Commission decided to file a case against Ganfeng in January 2022 and launched an investigation in July of the same year.

Ganfeng was ordered to forfeit RMB 1.1053 million and pay a fine of RMB 3.3159 million.

Ganfeng is one of China's most comprehensive lithium product manufacturers, possessing production capabilities for over 40 types of lithium compounds and metallic lithium products. Its offerings are widely used in electric vehicles, aerospace, functional materials, pharmaceuticals, and other sectors.

Chinese lithium producer Ganfeng plans $500 million battery plant in Turkey

Ganfeng plans to set up a joint venture in Turkey, which plans to invest $500 million to build a lithium battery project with an annual capacity of 5 GWh in Turkey.

($1 = RMB 7.0040)

### Related Stocks

- [GANFENGLITHIUM (01772.HK)](https://longbridge.com/en/quote/01772.HK.md)
- [Ganfeng Lithium (002460.CN)](https://longbridge.com/en/quote/002460.CN.md)

## Related News & Research

- [TNR Gold NSR Royalty Update - Ganfeng's Mariana Lithium Officially Commenced Production | TRRXF Stock News](https://longbridge.com/en/news/276606820.md)
- [Hyundai supplier Ganfeng begins production of semi-solid-state batteries](https://longbridge.com/en/news/276599842.md)
- [Ganfeng Lithium Group sees 2025 net profit](https://longbridge.com/en/news/273831186.md)
- [Zimbabwe Lithium Disruption Has Goldman Eyeing This Trade](https://longbridge.com/en/news/277043418.md)
- [Bad Bets: Massive EV Subsidies Not Paying Off](https://longbridge.com/en/news/277260120.md)