Core Viewpoint - The company Haike Xinyuan has signed a long-term cooperation agreement with BYD Lithium Battery to supply at least 100,000 tons of solvents annually for three years, enhancing its market position and brand influence in the battery materials sector [2][3]. Group 1: Agreement Details - The agreement specifies that Haike Xinyuan will supply four types of solvents: Dimethyl Carbonate (DMC), Ethylene Carbonate (EC), Ethyl Methyl Carbonate (EMC), and Diethyl Carbonate (DEC) to BYD Lithium Battery's Hubei project [3]. - Haike Xinyuan is responsible for the construction and related costs of the pipeline transportation, ensuring a stable supply of raw materials for BYD's electrolyte production [3]. Group 2: Strategic Partnerships - In the past three months, Haike Xinyuan has signed multiple strategic cooperation agreements, including a supply agreement with Faanlight for 270,000 tons of electrolyte solvents and additives from January 1, 2026, to December 31, 2028 [4]. - Another agreement was signed with Hefei Qianrui Technology for 200,000 tons of electrolyte solvents and additives during the same period [4]. Group 3: Financial Performance - For the first three quarters of 2025, Haike Xinyuan reported revenue of 3.653 billion yuan, a year-on-year increase of 43.17%, but incurred a net loss of 128 million yuan [5]. - The company attributes its revenue growth to the rapid development of the new energy industry and effective operational strategies [5]. - Haike Xinyuan has implemented measures to enhance operational efficiency, including supply chain optimization and increased R&D investment, which rose by 21.56% in the first half of 2025 [5].