Tianji Shares: The company provided 30 million yuan in financial assistance to Ningxia Yongli without completing the review procedures and disclosure obligations.

2026-02-28 17:35:03

Tianji Co., Ltd. announced that the company provided a prepayment of 30 million yuan to Ningxia Yongli New Materials Co., Ltd. to ensure the stable supply of raw materials, phosphorus pentachloride, required for the production of its main product, lithium hexafluorophosphate. This financial assistance was not carried out in accordance with the prescribed review procedures and disclosure obligations, which does not comply with relevant regulations. The company has convened a board meeting to review and approve the supplementary confirmation of the financial assistance proposal and has established a special working group to promote rectification.

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