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GANFENGLITHIUM Expects Pre-tax Gain of About RMB980M from Disposal of PLS Shareholding

AASTOCKS News
Jun 17, 2026 at 02:30 AM
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Ganfeng Lithium announced that its subsidiary Ganfeng International disposed of approximately 35.1 million PLS shares via block trades for about AUD222 million, retaining a 3.27% stake. The company expects a cumulative pre-tax gain of roughly RMB981 million from the disposal, with approximately RMB353 million recognized as pre-tax profit in the current year.

GANFENGLITHIUM (01772.HK) +2.050 (+3.386%) Short selling $79.33M; Ratio 14.108% announced that its wholly-owned subsidiary Ganfeng International disposed of 35.0999 million PLS ordinary shares through block trades on the secondary market for a total consideration of approximately AUD222 million. Following the disposal, Ganfeng International still holds approximately 3.27% of PLS.The company expects the cumulative pre-tax gain from the disposal to be approximately RMB981 million, of which approximately RMB353 million will be recognized as pre-tax profit in the current year.(ha/a)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-16 16:25.)

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