Core Viewpoint - The signing of the procurement cooperation agreement between Asia Pacific Lithium Source, a subsidiary of Longpan Technology, and CATL marks a significant step in Longpan Technology's internationalization strategy [1] Group 1: Agreement Details - The agreement stipulates that from Q2 2026 to 2031, Asia Pacific Lithium Source and its wholly-owned or joint-venture companies will supply a total of 157,500 tons of high-performance lithium iron phosphate cathode materials to CATL's overseas factories [1] - This collaboration provides a solid guarantee for Longpan Technology's capacity digestion over the next five years [1] Group 2: Market Impact - The partnership enhances Longpan Technology's brand influence in overseas markets significantly [1] - CATL's strict supplier selection process indicates that Longpan Technology's lithium battery material products have gained recognition from a leading global customer [1] - This cooperation will help Longpan Technology further consolidate its market position in the core materials of the new energy sector [1] Group 3: Global Expansion Strategy - Longpan Technology has been deepening its global layout through initiatives such as establishing a production base in Indonesia and promoting its listing in Hong Kong [1] - The collaboration with CATL will accelerate Longpan Technology's "going global" efforts and enhance its influence in the global new energy market [1]