On October 12th, Tianqi Lithium Corporation (TLC) and the Bank of China Sichuan Branch celebrated a significant event by signing a 'Strategic Cooperation Agreement' at TLC's new headquarters at Xinglong Lake in Chengdu. The ceremony was graced by the presence of esteemed leaders, including Mr. Jiang Weiping, founder and chairman of TLC; Ms. Jiang Anqi, Vice Chairman of TLC; Mr. HA Frank Chun Shing, Executive Director of TLC; Mr. Zou Jun, Executive Vice President and Chief Financial Officer of TLC. Notable leaders from the Bank of China Sichuan Branch, Mr. Wang Guo, Secretary of the Party Committee and President, and Mr. Hou Jianguo, Member of the Party Committee and Vice President, were also in attendance.
During the discussion, both parties delved into pivotal topics concerning the security of resources in the global new energy industry, the shift from traditional energy to eco-friendly, low-carbon alternatives, and the future landscape of the lithium industry. Chairman Jiang provided insights into TLC's journey, underscoring notable cross-border resource acquisitions and the unwavering commitment to their 'lithium' core. He also expressed heartfelt gratitude for the unwavering support provided by the Bank of China as a prominent state-owned bank. President Wang emphasized that the event had substantially deepened the understanding of TLC and the prospects of the lithium industry for the attendees. He assured all present that the Bank of China Sichuan Branch would persist in leveraging its international state-owned status, aligning with the global energy transition, serving top-tier industries, fostering trust between financial institutions and businesses, and expanding the scope of financial cooperation.
At the signing ceremony, Executive Director HA Frank Chun Shing extended a warm welcome. He emphasized the Bank of China's robust global financial network and comprehensive services, underlining its track record of assisting private companies in their global endeavors. He expressed his hope for a productive collaboration spanning cross-border finance, domestic and international funding, and effective fund management. President Wang, in his turn, lauded TLC's global eminence as a leader, with a dedication to craftsmanship and tireless effort, in lithium-centered new energy materials. Leveraging the advantage of vertical integration in the global industrial chain, TLC has successfully attracted a substantial clientele, both domestic and international, driven by its unwavering pursuit of excellence. He looked forward to a collaborative journey towards new heights, serving the real economy with comprehensive dedication.
Vice Chairman Jiang delivered the concluding remarks, highlighting the historic significance of this signing ceremony. It marked TLC's inaugural strategic partnership with a bank in its distinguished 30-year history. She expressed her strong belief that both entities would seize this opportunity to jointly drive the transformation from traditional energy to environmentally friendly, low-carbon green energy, thereby contributing to the global new energy industry.
On behalf of their respective organizations, Zou Jun, the Executive Director and Chief Financial Officer of TLC, and Hou Jianguo, the Party Committee Member and Vice President of the Bank of China Sichuan Branch, officially signed the "Strategic Cooperation Agreement". Within this accord, the Bank of China Sichuan Branch affirmed its commitment to provide TLC with a substantial intended financing of no less than 30 billion yuan. This agreement also heralded a new era of extensive cooperation in vital areas such as green finance, cross-border finance, and global fund management.
（Note: The aforementioned strategic cooperation agreement signed is a guiding framework. The specific provisions within it are non-binding for both entities. The cooperation details are uncertain. Additional agreements will be discussed and defined separately. Investors are advised to invest rationally and pay attention to investment risks.)
