LOPAL(SH:603906) Zheng Quan Zhi Xing·2025-05-09 11:01Core Viewpoint - Jiangsu Longpan Technology Co., Ltd. has signed a significant daily operational contract with Chuangneng New Energy Co., Ltd., which is expected to generate over RMB 5 billion in sales from the supply of 150,000 tons of lithium iron phosphate cathode materials from 2025 to 2029 [1][3][8] Group 1: Contract Overview - The contract includes a strategic cooperation agreement for the procurement of production materials, with a total sales amount exceeding RMB 5 billion based on estimated quantities and market prices [1][3] - The contract is effective from May 9, 2025, and will remain valid until April 30, 2030 [2][7] - The sales model includes both self-supplied lithium carbonate by the seller and customer-supplied lithium carbonate, with specific pricing determined monthly [1][7] Group 2: Impact on Company Performance - The agreement is expected to help establish long-term stable relationships with downstream partners, contributing positively to the company's future performance [2][8] - The contract is categorized as a daily operational sales contract and does not constitute a related party transaction or a major asset restructuring [2][3] - The actual impact on the company's annual performance will be disclosed in periodic reports [2][8] Group 3: Parties Involved - The sellers include Changzhou Liyuan New Energy Technology Co., Ltd. and Nanjing Liyuan Nano Technology Co., Ltd., while the buyers are Wuhan Chuangneng New Energy Co., Ltd., Xiaogan Chuangneng New Energy Innovation Technology Co., Ltd., and Yichang Chuangneng New Energy Innovation Technology Co., Ltd. [4][7] - All buyer companies are wholly-owned subsidiaries of Chuangneng New Energy and have good credit status without any association with the seller in terms of ownership, business, assets, or liabilities [6][7]