Core Viewpoint - Greeenmei has signed a strategic cooperation framework agreement with Xiamen Tungsten New Energy Materials Co., Ltd. to jointly address the global demand for ultra-high energy density battery materials and to create a collaborative industry consortium for these materials [1] Group 1: Strategic Partnership - The agreement outlines that from 2026 to 2028, Greenmei expects to supply 150,000 tons of various battery raw materials and products annually to Xiamen Tungsten, totaling 450,000 tons over three years [1] - Both parties have agreed to establish a long-term partnership for the supply chain of raw materials for lithium batteries, focusing on areas such as consumer electronics, power, low-altitude aircraft, eVTOL, AI, and robotics [1] Group 2: Product Focus - The collaboration will involve the supply of ternary materials, lithium cobalt oxide, solid-state lithium battery materials, semi-solid lithium battery materials, and lithium-rich manganese-based products [1]

Core Viewpoint - The company, Greeenmei (002340.SZ), has established a strategic cooperation framework agreement with Xiamen Xatu New Energy Materials Co., Ltd. to jointly address the global demand for ultra-high energy density battery materials and create an industrial consortium for these materials [1] Group 1: Strategic Cooperation - The agreement was signed on October 24, 2025, and aims to leverage each party's strengths in response to market challenges [1] - The partnership will focus on the supply chain for lithium battery materials, including ternary materials, lithium cobalt oxide, solid-state lithium materials, semi-solid lithium materials, and lithium-rich manganese-based products [1] Group 2: Supply Commitment - From 2026 to 2028, the company expects to supply 150,000 tons of various battery raw materials and products annually to Xiamen Xatu New Energy, totaling 450,000 tons over three years [1]

Core Viewpoint - The company, Greeenmei (002340.SZ), has established a strategic cooperation framework agreement with Xiamen Tungsten New Energy Materials Co., Ltd. to jointly address the global demand for ultra-high energy density battery materials and create an industrial consortium for these materials [1] Group 1: Strategic Cooperation - The agreement was signed on October 24, 2025, and aims to leverage the strengths of both companies to meet market challenges [1] - The partnership will focus on the supply chain for lithium battery materials, including ternary materials, lithium cobalt oxide, solid-state lithium materials, semi-solid lithium materials, and lithium-rich manganese-based products [1] Group 2: Supply Chain Commitment - From 2026 to 2028, the company expects to supply 150,000 tons of various battery raw materials and products annually to Xiamen Tungsten New Energy, totaling 450,000 tons over three years [1]

Core Insights - Greeenme's strategic partnership with Xiamen Tungsten New Energy Materials Co., Ltd. aims to address the growing global demand for ultra-high energy density battery materials, driven by advancements in new energy and the rise of industries like low-altitude flying vehicles and intelligent robotics [1] Group 1: Strategic Partnership - The strategic cooperation framework agreement was signed on October 24, 2025, based on mutual benefits, to leverage each other's strengths in meeting global market demands for ultra-high energy battery materials [1] - From 2026 to 2028, the company plans to supply 150,000 tons of various battery raw materials and products annually to Xiamen Tungsten, totaling 450,000 tons over three years [1] - The agreement does not require approval from the board or shareholders and does not constitute a related party transaction or a major asset restructuring as per relevant regulations [1] Group 2: Financial Performance - For the first half of 2025, Greeenme's revenue composition was as follows: 58.23% from new energy battery materials, 36.83% from key metal resource recycling, and 4.94% from power lithium battery recycling [2] - As of the report date, Greeenme's market capitalization stood at 42 billion yuan [2]