Tianqi Lithium Plans Strategic Sale of SQM Shares

Tianqi Lithium announced on February 4 that it plans to strategically dispose of up to 3,565,970 A-class shares of SQM on the Hong Kong Stock Exchange. According to Jin10, the company's board has authorized management to sell up to 62,556,568 A-class shares held through its wholly-owned subsidiary, Tianqi Chile, within a year. The management is also empowered to determine the specifics of the sale, including the price, quantity, and method. This authorization is valid for one year from the date of board approval.