GANFENGLITHIUM Plans to Establish JV to Set up Battery Recycling Base in Jiangsu w/ Registered Capital RMB1B

　　GANFENGLITHIUM (01772.HK) -0.500 (-3.113%) Short selling $14.40M; Ratio 23.398% , NanJing Public Utilities Development and Nanjing Environment Group recently entered into a strategic cooperation agreement, in which the three parties intended to establish a joint venture (JV), with a registered capital of RMB1 billion, according to GANFENGLITHIUM's announcement.

　　The relevant JV intended to invest in the construction of a 300,000-ton used batteries recycling base in Jiangsu Province, China.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-05 16:25.)