Zhitong Finance App News, Longpan Technology (603906.SH) announced that Nanjing Lithium Source Nano Technology Co., Ltd. (“Nanjing Lithium Source”), a second-tier holding subsidiary of the company, signed a “Strategic Cooperation Framework Agreement” with Zhejiang Jiyao Tong Energy Technology Co., Ltd. (“Jiyao Tong”).

The agreement stipulates that if the settlement price of the product is competitive and the delivery cycle, quality and technology meet the requirements, Nanjing Lithium Source and its related producers will sell a total of 37.86 to 567,800 tons of lithium iron phosphate cathode materials to Jiyao Pass from 2026 to 2030. The specific sales volume will be determined according to the order. The specific unit price is affected by price fluctuations of the main raw materials and is determined by both parties on a monthly basis in accordance with the terms of the agreement. The company's signing of this agreement helps establish long-term stable relationships with downstream partners, enhances the company's competitiveness in the field of new energy battery materials, and conforms to the company's development strategy plan.

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