Ganfeng Lithium Raises RMB500 Million via 2026 Green Innovation Notes
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Ganfeng Lithium Co has raised RMB500 million through the issuance of its 2026 green innovation notes at an interest rate of 2.19%. The funds will be utilized to repay debt, replenish resources, and purchase raw materials, aiming to optimize the company's debt structure and lower financing costs. This move indicates continued access to domestic funding channels for growth in the lithium and new energy materials sector. The current analyst rating for Ganfeng Lithium stock is a Hold with a price target of HK$71.00.
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