Core Viewpoint - Long-term procurement agreement signed between LBM New Energy (AP) Pte. Ltd. and Sunwoda Automotive Energy Technology (Thailand) Co., Ltd. for the sale of lithium iron phosphate cathode materials from 2026 to 2030, with a total estimated sales amount of approximately RMB 4.5 to 5.5 billion [1][2] Group 1 - The agreement stipulates a total sale of 106,800 tons of cathode materials over the contract period [1] - The contract includes minimum and maximum supply quantities, with demand calibration every two years [1] - The specific pricing will be determined monthly based on the agreement terms and market prices [1] Group 2 - This agreement is related to the company's daily operations and aims to establish a long-term stable relationship with downstream partners [2] - Successful execution of the contract is expected to have a positive impact on the company's future performance [2] - The impact on the company's annual performance will be disclosed in periodic reports [2]