Tianqi Lithium initiates large-scale stock sale plan of SQM through its wholly-owned subsidiary Kichiri

OnchainSniper · 2026-02-14T07:08:22+00:00

Tianqi Lithium aims to optimize its asset structure in the lithium market through strategic management decisions. The company announced a plan on February 4 to sell up to 3,565,970 shares of SQM via its subsidiary, Kichili, which holds over 62 million shares. The board has delegated authority to management for execution, allowing flexible timing in response to market fluctuations. This one-year strategic selling schedule enhances operational adaptability and offers investors transparency.

OnchainSniper

2026-02-14 07:08:22

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Tianqi Lithium is making strategic management decisions to optimize its asset composition in the lithium market. On February 4th, the company announced plans to sell Class A shares on the Hong Kong Stock Exchange, attracting significant market attention. This move is expected to be an important step in responding to the fluctuating supply and demand environment in the lithium industry.

Sale Scale of SQM Shares Held by Wholly-Owned Subsidiary Kitchiri

Kitchiri, a wholly-owned subsidiary of Tianqi Lithium, currently holds up to 62,556,568 Class A shares of SQM. Under the plan, it intends to strategically sell up to 3,565,970 of these shares on the Hong Kong Stock Exchange. This phased sale approach is designed to avoid sudden market impacts while achieving optimal allocation of management resources.

Approval by the Board of Directors and Delegation of Management Authority

On February 4th, the board of directors officially approved the share sale plan under Kitchiri. According to Jin10 reports, the company’s board has fully delegated the authority to determine specific sale prices, quantities, and execution methods to the management team. This allows for flexible timing and methods of sale in response to market fluctuations, enhancing the feasibility of corporate strategy execution. The approval is valid for one year from the date of the board resolution, providing the company with sufficient time and flexibility.

One-Year Strategic Sale Schedule

This sale plan sets a clear deadline of one year. Through phased disposal of shares via Kitchiri, Tianqi Lithium can respond to supply and demand fluctuations in the lithium market while adjusting its strategic position. The framework allowing flexible sales according to market conditions provides investors with predictability and signals transparent corporate management.

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