The billionaire lithium king is going to acquire a potash fertilizer company? On May 9, Ganfeng Lithium announced that its wholly-owned subsidiary Qinghai Liangcheng Mining Co., Ltd. intends to acquire 5.49% of the equity of Qinghai Jintai Potash Fertilizer Co., Ltd. (hereinafter referred to as Jintai Potash Fertilizer) held by Beijing Wanbangdat for RMB 274 million. This transaction is a related-party transaction. After the transaction is completed, Qinghai Liangcheng will hold 39.15% of the equity of Jintai Potash Fertilizer. Increasing the holding of Jintai Potash Fertilizer...[View original text]
Reference address:Ganfeng Lithium increases its stake in Jintai Potash to 5.49%
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