Core Viewpoint - The company has signed a framework agreement with Guoxuan High-Tech for the annual procurement of electrolyte products, with a total expected volume of 870,000 tons from 2026 to 2028, which is expected to positively impact the company's performance during this period [3][5][15]. Group 1: Agreement Signing Overview - On November 6, 2025, the company's wholly-owned subsidiary, Jiujiang Tianci, signed an annual procurement contract with Guoxuan High-Tech, stipulating a total expected procurement of 870,000 tons of electrolyte products for the years 2026-2028 [3][5]. - The specific procurement quantities, prices, and specifications will be confirmed through purchase orders [3][5]. - The agreement does not require approval from the company's board or shareholders and does not constitute a related party transaction or a major asset restructuring [3][5]. Group 2: Counterparty Information - Guoxuan High-Tech, established on May 9, 2006, has a registered capital of 1 billion RMB and specializes in lithium-ion batteries and related products [4]. - The company has a good credit status and is not listed as a dishonest executor, indicating strong performance capabilities [5][14]. Group 3: Impact on the Company - The signing of this agreement is expected to foster a long-term cooperative relationship, enhancing supply-demand linkages within the industry and benefiting the company's long-term development [5][15]. - If fully executed, the agreement will positively influence the company's operating performance from 2026 to 2028, with specific impacts to be determined based on the implementation of the agreement [5][15]. - The agreement is also expected to enhance the company's profitability and market share, solidifying its leading position in the industry [5][15]. Group 4: Other Agreements - The company has also entered into other framework agreements, including a cooperation agreement with Ruipu Lanjun Energy for a total of at least 800,000 tons of electrolyte products by December 31, 2030 [19]. - Another agreement with Chunan New Energy involves supplying at least 550,000 tons of electrolyte products by December 31, 2030 [20]. - A supply agreement with Ningde Times includes a projected supply of 58,600 tons of solid lithium hexafluorophosphate by December 31, 2025 [21].