Core Viewpoint - Longpan Technology's stock surged significantly following the announcement of a substantial sales agreement, indicating strong market confidence in the company's future revenue potential [1][3]. Group 1: Company Developments - Longpan Technology's A-shares hit a limit up at 18.06 yuan, while its H-shares initially soared over 60% before stabilizing at approximately 15.2 HKD [1]. - The company announced a supplementary agreement with its subsidiaries and Chuangneng New Energy, with a total sales amount exceeding 450 billion yuan estimated based on expected quantities and market prices [1]. - Longpan Technology primarily engages in the research, production, and sales of lithium iron phosphate cathode materials and environmentally friendly fine chemicals for automotive applications [1]. Group 2: Recent Contracts - In 2023, Longpan Technology secured significant orders for lithium iron phosphate, including a contract with CATL to supply 157,500 tons of cathode materials from Q2 2026 to 2031, with a total sales value exceeding 6 billion yuan [1]. - Another contract was signed with Eve Energy Malaysia for the sale of 152,000 tons of lithium iron phosphate cathode materials from 2026 to 2030, with an estimated total sales value exceeding 5 billion yuan [1].