鑫椤锂电·2025-11-19 08:20Core Viewpoint - The announcement from Xianhui Technology indicates a significant increase in contracts with CATL, totaling approximately RMB 7.96 billion since August 2025, which is expected to positively impact the company's performance in 2025-2026 [2][6]. Group 1: Contract Details - The contracts involve various entities including CATL and its subsidiaries, with a total contract value of approximately RMB 7.96 billion (excluding tax) [2][6]. - The settlement methods for the contracts include a prepayment of 30%, payment of 20% upon delivery, 30% upon acceptance, and 20% within 360 days after acceptance, or a 90-day monthly settlement upon delivery [6]. Group 2: Historical Context - This is the third contract disclosure by Xianhui Technology with CATL this year, with previous contracts amounting to RMB 6.84 billion and RMB 7.02 billion, leading to a total order value of RMB 21.82 billion from November 2024 to November 2025 [7]. Group 3: Company Background - Xianhui Technology, established in 2007 and listed on the Sci-Tech Innovation Board in August 2020, primarily provides intelligent automation production lines for mid-to-high-end automotive manufacturers and entered the lithium battery module structural component sector in 2022 by acquiring a 51% stake in Ningde Dongheng for RMB 816 million [9].