On June 30, Tianqi Lithium Co., Ltd. (hereinafter referred to as "Tianqi Lithium") published the H Shares Prospectus in Hong Kong, which means they are available around the world.
The press conference was held via video link in Chengdu and Hong Kong on June 29. Through live-streaming, reporters interviewed the company’s leaders, including Jiang Weiping, founder & chairman of Tianqi Lithium; Jiang Anqi, vice chair; HA, Frank Chun Shing, director & president; Zou Jun, director, executive vice president and CFO; Zhang Wenyu, secretary of the board, vice president and Hong Kong Joint Company secretary; Thomas Arkell, director of marketing department.
Photo | Press Conference in Chengdu. Zou Jun, Jiang Weiping, Jiang Anqi and Zhang Wenyu (from left to right)
At the conference, sponsor delegate first summarized the issuance of H-shares. Then Zhang Wenyu, secretary of the Board and Zou Jun, CFO, introduced the investment highlights and finances. After that, the firm’s upper management led by chairman Jiang Weiping answered the reporters’ questions.
Photo | Press Conference in Hong Kong. HA, Frank Chun Shing (left) and Thomas Arkell
We plan to offer about 164.1 million H shares at up to HK$ 82 a share to investors at home and abroad (stock code: 9696.HK)， with the highest offering price per share of HK $82. The IPO will start from June 30 and end on July 6. Shares are expected to be traded on the Mainboard of HKEX on July 13.
Photo | Tianqi Lithium online press conference on its listing on HKEX
According to Wood Mackenzie, Tianqi Lithium is the only lithium producer in China that is 100% self-sufficient and achieves vertical integration with its large-scale, consistent and stable lithium concentrate supply. Its operation covers key parts in the lithium value chain, including the mining of lithium ores, and the manufacture of lithium concentrates, compounds and derivatives. By its output in 2021, the company is the fourth largest producer of lithium compounds in the world and the second largest in Asia; the world’s second largest supplier of battery-grade lithium carbonate; and a top ten supplier of battery-grade lithium hydroxide around the world.
Photo | Jiang Weiping, founder and chairman, answered reporters’ questions
Jiang said the company will leverage the opportunity of global energy revolution to expand mining business and improve R&D capabilities. In addition, it will strengthen strategic cooperation with upstream and downstream enterprises and grow its client base globally. Now with the help of “A+H”, it will strive for international expansion and attract more overseas investors for its big vision. In the end, it will not only give back to investors and society, but make unremitting efforts to promote the high-quality and sustainable development of the industry and accelerate the green energy transition for the harmony between humanity and nature.
Contributed and published by: Board Office
