Ganfeng Lithium : ANNOUNCEMENT ON RESIGNATION OF EXECUTIVE DIRECTOR

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(A joint stock company incorporated in the People's Republic of China with limited liability)

(Stock Code: 1772)

ANNOUNCEMENT ON RESIGNATION

OF EXECUTIVE DIRECTOR

The board of directors (the "Board") of Ganfeng Lithium Co., Ltd. (the "Company", together with its subsidiaries, the "Group") announces that, it has received a letter of resignation from Mr. Ge Zhimin ("Mr. Ge"), an executive director of the Company. Mr. Ge resigned as an executive director of the Company and a member of the Strategy Committee due to change of responsibilities within the Group. In accordance with the requirements of the Articles of Association of the Company and relevant laws and regulations, Mr. Ge's resignation will not cause the number of the members of the Board to be lower than the statutory minimum quorum. The aforementioned resignation became effective from September 10, 2020.

Mr. Ge has confirmed that he has no disagreement with the Board and there are no other matters relating to his resignation that need to be brought to the attention of the shareholders of the Company.

The Company expresses its sincere gratitude to Mr. Ge for his valuable contributions to the Company's development during his term of office.

By order of the Board

GANFENG LITHIUM CO., LTD.

LI Liangbin

Chairman

Jiangxi, PRC

September 10, 2020

As at the date of this announcement, the Board comprises Mr. LI Liangbin, Mr. WANG Xiaoshen and Ms. DENG Zhaonan as executive directors of the Company; Mr. YU Jianguo and Ms. YANG Juanjuan as non-executive directors of the Company; and Mr. LIU Jun, Ms. WONG Sze Wing, Ms. XU Yixin and Mr. XU Guanghua as independent non-executive directors of the Company.