Core Viewpoint - Jiangsu Longpan Technology Group Co., Ltd. has signed a procurement cooperation agreement with CATL for the supply of lithium iron phosphate cathode materials, which is expected to generate over 6 billion RMB in sales revenue from 2026 to 2031 [1][2]. Group 1 - The agreement involves the supply of a total of 157,500 tons of lithium iron phosphate cathode materials to CATL's overseas factories from the second quarter of 2026 to 2031 [1]. - The specific procurement volume will be dynamically adjusted based on the progress of CATL's overseas projects and forecasted demand [1]. - The contract's total sales amount is estimated to exceed 6 billion RMB, with final amounts to be settled based on actual sales orders [1][2]. Group 2 - This agreement is a routine sales cooperation aimed at ensuring stable demand for lithium iron phosphate cathode materials, which is beneficial for the company's business growth [2]. - Longpan Technology aims to leverage CATL's scale advantages, reputation, and purchasing power to secure a stable customer base and expand production capacity [2]. - The agreement has been approved by Longpan Technology's board and does not constitute a related party transaction or major asset restructuring as per the Shanghai Stock Exchange regulations [1][2].