-+ 0.00%
-+ 0.00%
-+ 0.00%
Nanjing Lithium Source, a second-tier holding subsidiary of Longpan Technology (02465), signed a “Strategic Cooperation Framework Agreement” with Jiyao Pass
Share
Listen to the news

Zhitong Finance App News, Longpan Technology (02465) 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 when 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, and 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.

This agreement is a sales cooperation agreement related to daily operations. The 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. If the agreement is successfully implemented, it will have a positive impact on the company's future performance. Please refer to the regular reports disclosed by the company for the impact on the company's annual results.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending