YUYAN New Energy Materials (Jiangxi) Co., Ltd. was established

Youyan New Energy Materials (Jiangxi) Co., Ltd. was established in Jiangxi on December 27, 2023. It was jointly funded by China Youyan (holding 70% of the shares), Ganfeng Lithium (holding 11.25% of the shares), Guolian Automotive Power Battery Research Institute Co., Ltd. (holding 10% of the shares), and Youyan Dingsheng Investment Development Co., Ltd. (holding 8.75% of the shares).