LOPAL(SH:603906) Mei Ri Jing Ji Xin Wen·2025-06-02 23:38Core Viewpoint - Longpan Technology has signed a production pricing agreement with Eve Energy Malaysia, expecting to sell 152,000 tons of lithium iron phosphate cathode materials from 2026 to 2030, with a total sales amount exceeding 5 billion yuan [1][2]. Group 1: Agreement Details - The agreement allows Eve Energy to adjust the expected demand within a certain range, with specific pricing determined quarterly [2]. - Longpan Technology's subsidiary, LBM NEW ENERGY, has already established an annual production capacity of 30,000 tons of lithium iron phosphate cathode materials and has begun large-scale shipments since January [1][2]. Group 2: Future Projects - Longpan Technology is constructing a second phase project with a capacity of 90,000 tons per year, expected to complete building and equipment debugging by the end of this year [1][5]. - The company is also investing approximately 2.9 billion USD (around 21 billion yuan) in a large-scale production project for new energy vehicle power and energy storage battery cathode materials in Indonesia [4]. Group 3: Strategic Partnerships - Longpan Technology has signed a five-year supply agreement with LG Energy Solution for 260,000 tons of materials and a long-term supply agreement with Blue Oval Battery Park, Michigan [5][6]. - The partnership with Eve Energy is seen as a way to establish long-term stable relationships with downstream partners, contributing positively to the company's future performance [2].