GFL International Co., Ltd. announced that it will raise CNY 4,347,960,000 in a an equity round of funding on June 7, 2024. The transaction included participation from returning investor Ganfeng Lithium Group Co., Ltd. The company?s registered capital will increase from CNY 19,150,540,543.12 to CNY 23,498,500,543.12 post the transaction. The transaction has been approved in the 79th meeting of the 5th Board of Directors of Ganfeng Lithium Group Co., Ltd.