Ganfeng Lithium Raises RMB500 Million via Short-Term Innovation Notes for M&A Funding
Ganfeng Lithium Group Co., Ltd. has issued RMB500 million in short-term innovation notes with a 180-day tenor and 2.33% interest rate. The funds will replace self-owned funds used for M&A loans, optimizing debt structure and reducing costs. This move supports Ganfeng's business development and M&A strategy, highlighting access to low-cost funding in China's interbank market. The latest analyst rating for Ganfeng Lithium (HK:1772) is a Buy with a HK$62.40 price target.
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