Zhitong Finance App News, Longpan Technology (02465.HK) announced that Nanjing Lithium Source Nano Technology Co., Ltd. (hereinafter referred to as “Nanjing Lithium Source”), a second-tier holding subsidiary of the company, and Zhejiang Jiyao Tong Energy Technology Co., Ltd. (hereinafter referred to as “Jiyao Tong”) signed a “Strategic Cooperation Framework Agreement” (hereinafter referred to as the “Agreement”). The agreement stipulates that if the product settlement price is competitive and the delivery cycle, quality, and technology meet the requirements, Nanjing Lithium Source and its related producers will sell a total of 3786-567,800 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.

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