TIANQI LITHIUM: Nine Masts Investment Fund Acquires Shares, Long Position Rises to 5.1%

HK Disclosure17:25

Nine Masts Investment Fund acquired 955,847 underlying H shares of TIANQI LITHIUM (09696) via an off-exchange derivative transaction on November 5, 2026. According to the supplementary information, the long position arises from RMB555,000,000 nominal of Tianqi Lithium Corporation zero-coupon convertible bonds due 2027 (ISIN XS3291776451), which are convertible into Tianqi H shares; the 955,847 shares correspond to RMB44,000,000 nominal acquired on that date. This was effected through equity derivatives and was not a direct secondary-market dealing in the underlying shares.

Prior to the acquisition, Nine Masts Investment Fund’s long position in TIANQI LITHIUM was 11.10 million shares, representing 4.7%; following the acquisition, the holding changed to 12.06 million shares, with the long position ratio rising to 5.1%.

Source: Hong Kong Exchanges and Clearing Limited.

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