芳源股份(688148.SH)：签订技术出口合作协议

Core Viewpoint - Fangyuan Co., Ltd. has signed a cooperation agreement with a Japanese company and a target company to develop and produce NCMA/NCA/NCM precursors in Japan through technology output and equity participation [1] Group 1: Cooperation Agreement - The company will provide technology and processes to the target company and will charge a total of 4.8 billion Japanese yen (approximately 229.85 million RMB) in technical service fees, design fees, and operational technology usage fees, to be collected in batches according to project implementation stages [1] - The Japanese company is expected to invest between 9 billion and 12 billion Japanese yen in the target company, including an already made investment of 10 million Japanese yen [1] - The company plans to invest between 1 billion and 1.5 billion Japanese yen (approximately 47.89 million to 71.83 million RMB) in the target company, with actual investment arrangements to be determined by subsequent agreements [1]