Financial Performance For the year ended 31 December 2025, Tianqi Lithium recorded net profit attributable to shareholders of RMB462.63 million under Chinese Accounting Standards and RMB458.43 million under IFRS. Retained earnings available for distribution stood at RMB15.78 billion, but the Board proposes zero cash dividend, bonus share or capitalisation and will carry forward all undistributed profit.
Shareholder Return Framework 2026-2028 The new three-year plan requires: 1) at least one cash dividend every three years; 2) total cash payout over any three-year period not less than 30% of average distributable profit; 3) cash component to represent no less than 20% of each profit distribution. Dividends will be issued only when annual EPS exceeds RMB0.10 and liquidity remains adequate.
Audit & Governance KPMG Huazhen LLP (domestic) and KPMG (overseas) are nominated as 2026 financial and internal-control auditors, with fees capped at 5.34 million yuan. The Board also seeks approval to purchase directors’ and officers’ liability insurance.
Financing & Guarantees • Credit facilities: The Company and its controlled units intend to secure up to RMB40.96 billion (including USD1.55 billion) in aggregate bank credit for 2026. • Guarantees: Corresponding guarantee ceiling is RMB35.76 billion for these facilities. • Australian subsidiaries (TLA group and Windfield group) request cross-guarantees totalling RMB17.77 billion to comply with ASIC relief rules. • Additional guarantee authority of up to RMB10 billion is sought to support any future issuance of securities convertible into H shares by a domestic or offshore subsidiary.
Equity Financing Flexibility The Board requests a 12-month general mandate to issue additional H shares or equivalent rights up to 20% of current issued share capital. If exercised, the Company may also provide credit enhancement for any subsidiary-issued convertible instruments within the RMB10 billion limit noted above.
Annual General Meeting All proposals will be submitted to shareholders at the AGM on 20 May 2026 in Chengdu. H-share registration closes on 15 May 2026.
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