来源：中国基金报 【导读】龙蟠科技再签电池材料大单，交易对方是欣旺达位于泰国子公司 中国基金报记者 邱德坤 12月2日晚间，龙蟠科技发布公告称，公司控股孙公司LBM New Energy （AP） Pte.Ltd．（以下简称锂 源亚太）签订《长期采购协议》，预计销售金额为45亿元至55亿元。 上述交易的交易对方是欣旺达在泰国间接设立的子公司，而欣旺达是国内头部动力电池企业。近期，宁 德时代等头部动力电池企业频繁与上游材料商签订大单。 截至12月2日收盘，龙蟠科技股价报21.28元/股，涨幅达6.29%，总市值为136.3亿元。 签订大单或助力业绩增长 公告显示，12月1日，锂源亚太与Sunwoda Automotive Energy Technology （Thailand）Co．，Ltd．（以 下简称泰国欣旺达动力）签署《长期采购协议》。 《长期采购协议》约定，2026年至2030年，锂源亚太将向泰国欣旺达动力销售10.68万吨符合双方约定 规格的磷酸铁锂正极材料，并约定最低采购量与最大供应量。 按照预计数量及市场价格估算，《长期采购协议》的总销售金额约为45亿元至55亿元（最终根据销售订 单据实结算）。 ...

Core Viewpoint - Longpan Technology has signed a long-term procurement agreement with Sunwoda's subsidiary in Thailand, with expected sales amounting to between 4.5 billion and 5.5 billion RMB, indicating a significant business development in the battery materials sector [1][6]. Group 1: Agreement Details - Longpan Technology's subsidiary, LBM New Energy (AP) Pte.Ltd., will supply 106,800 tons of lithium iron phosphate cathode materials to Sunwoda Automotive Energy Technology (Thailand) Co., Ltd. from 2026 to 2030 [4][6]. - The total sales amount from this agreement is estimated to be between 4.5 billion and 5.5 billion RMB, subject to actual sales orders [6]. Group 2: Financial Performance - Longpan Technology's net profit attributable to shareholders was -1.1 billion RMB and -1.72 billion RMB for the first three quarters of 2025, showing a decrease in losses compared to -3.03 billion RMB and -4.02 billion RMB in the same period of 2024 [7]. - The company's revenue for the current reporting period was approximately 2.20 billion RMB, reflecting a year-on-year increase of 5.33% [8]. Group 3: Industry Context - Major battery manufacturers, including CATL and Longpan Technology, are increasingly signing long-term supply agreements with upstream material suppliers to ensure supply chain stability as the lithium battery industry shows signs of recovery [11]. - In 2025, Sunwoda ranked 6th in domestic battery installation volume, indicating its significant position in the industry [9][10].

Core Viewpoint - Longpan Technology has signed a long-term procurement agreement with Sunwoda's subsidiary in Thailand, with expected sales amounting to between 4.5 billion and 5.5 billion yuan, which is anticipated to positively impact the company's future performance [1][5]. Group 1: Agreement Details - The long-term procurement agreement stipulates that from 2026 to 2030, Longpan's subsidiary LBM New Energy will supply 106,800 tons of lithium iron phosphate cathode materials to Sunwoda Automotive Energy Technology (Thailand) [5]. - The total sales amount from this agreement is estimated to be between 4.5 billion and 5.5 billion yuan, subject to actual sales orders [5]. Group 2: Company Performance - Longpan Technology's main business segments include lithium iron phosphate cathode materials and automotive environmental fine chemicals, with the former's shipment volume ranking among the industry leaders [5]. - The company's losses in the lithium iron phosphate cathode materials business have been decreasing, indicating a positive trend in overall financial performance [5]. - For the first three quarters of 2024, Longpan reported a net profit attributable to shareholders of -303 million yuan, compared to -110 million yuan in the same period of 2025, showing a reduction in losses [5][6]. Group 3: Industry Context - Major players in the battery industry, such as CATL, have been frequently signing long-term supply agreements with upstream material suppliers to ensure supply chain stability [9]. - The lithium battery industry is experiencing a recovery in market conditions, prompting battery manufacturers to secure long-term agreements with material suppliers [9].

Core Viewpoint - Longpan Technology has signed a long-term procurement agreement with Sunwoda's subsidiary in Thailand, expected to generate sales between 4.5 billion to 5.5 billion yuan, which may positively impact the company's future performance [2][9][10]. Group 1: Agreement Details - The agreement involves the sale of 106,800 tons of lithium iron phosphate cathode materials from Longpan's subsidiary LBM New Energy (AP) Pte.Ltd. to Sunwoda Automotive Energy Technology (Thailand) Co., Ltd. from 2026 to 2030 [7][9]. - The total sales amount is estimated based on market prices and will be settled according to actual sales orders [9]. Group 2: Financial Impact - If the agreement is successfully executed, it is expected to have a positive effect on Longpan Technology's future performance, particularly in its lithium iron phosphate cathode materials segment, which ranks among the industry's leaders in shipment volume [10]. - Longpan Technology has shown a decreasing trend in overall losses, with net profits improving from -3.03 billion yuan in the first three quarters of 2024 to -1.10 billion yuan in the first three quarters of 2025 [11]. Group 3: Industry Context - Major players in the battery industry, such as CATL, have been frequently signing large contracts with upstream material suppliers to ensure supply chain stability, indicating a recovery in the lithium battery industry's market conditions [13][16]. - In 2025, Sunwoda and Chuangneng New Energy ranked 6th and 13th respectively in domestic battery installation volume, highlighting their significance in the market [14].