每经头条（nbdtoutiao）——处方药变"瘾品"：国内首次报告普瑞巴林滥用致成瘾病例，网络平台暴 露"无病历可购药"漏洞，列管与否尚需科学考量 每经AI快讯，龙蟠科技（SH 603906，收盘价：21元）12月8日晚间发布公告称，公司第四届第四十五 次董事会会议于2025年12月8日以现场结合通讯表决方式召开。会议审议了《关于建议增发公司股份新 一般性授权的议案》等文件。 2024年1至12月份，龙蟠科技的营业收入构成为：磷酸铁锂正极材料占比75.13%，车用环保精细化学品 占比24.17%，其他业务占比0.7%。 截至发稿，龙蟠科技市值为144亿元。 （记者 王晓波） ...

Core Viewpoint - Longpan Technology has signed a supplementary agreement with Chuangneng New Energy, significantly increasing the sales volume of lithium iron phosphate cathode materials from 150,000 tons to 1.3 million tons, with total sales expected to exceed 45 billion yuan [5][6][7]. Group 1 - Longpan Technology's subsidiary Changzhou Liyuan and its subsidiary Nanjing Liyuan have signed the supplementary agreement, which revises the original agreement's terms [5]. - The effective period of the agreement has been extended from April 30, 2030, to December 31, 2030 [5][6]. - The total sales amount under the new agreement is projected to exceed 45 billion yuan, compared to the previous estimate of over 5 billion yuan under the original agreement [7]. Group 2 - Longpan Technology specializes in the research, production, and sales of lithium iron phosphate cathode materials and environmentally friendly fine chemicals for vehicles [8]. - The company ranks among the top in the industry for the shipment of lithium iron phosphate cathode materials, which are the most widely used cathode materials in lithium batteries [8]. - Longpan Technology's domestic clients include leading battery manufacturers such as CATL, Ruipu Lanjun, and Xinwangda [8].

Core Viewpoint - Longpan Technology's stock surged significantly following the announcement of a substantial sales agreement, indicating strong market confidence in the company's future revenue potential [1][3]. Group 1: Company Developments - Longpan Technology's A-shares hit a limit up at 18.06 yuan, while its H-shares initially soared over 60% before stabilizing at approximately 15.2 HKD [1]. - The company announced a supplementary agreement with its subsidiaries and Chuangneng New Energy, with a total sales amount exceeding 450 billion yuan estimated based on expected quantities and market prices [1]. - Longpan Technology primarily engages in the research, production, and sales of lithium iron phosphate cathode materials and environmentally friendly fine chemicals for automotive applications [1]. Group 2: Recent Contracts - In 2023, Longpan Technology secured significant orders for lithium iron phosphate, including a contract with CATL to supply 157,500 tons of cathode materials from Q2 2026 to 2031, with a total sales value exceeding 6 billion yuan [1]. - Another contract was signed with Eve Energy Malaysia for the sale of 152,000 tons of lithium iron phosphate cathode materials from 2026 to 2030, with an estimated total sales value exceeding 5 billion yuan [1].

Core Viewpoint - Longpan Technology (SH 603906) announced its fourth board meeting on October 30, 2025, to review the proposal for the company's Q3 2025 report [1] Company Summary - For the year 2024, Longpan Technology's revenue composition is as follows: Lithium Iron Phosphate cathode materials account for 75.13%, automotive environmental fine chemicals account for 24.17%, and other businesses account for 0.7% [1]

Core Insights - The average selling price of automotive environmental fine chemicals increased by 0.18% year-on-year for the first three quarters of 2025, while the average selling price of lithium iron phosphate cathode materials decreased by 10.02% year-on-year [1] Price Changes of Raw Materials - The average procurement price of base oil decreased by 110.13 CNY/ton, a decline of 1.39% year-on-year [1] - The average procurement price of ethylene glycol increased by 61.30 CNY/ton, an increase of 1.55% year-on-year [1] - The average procurement price of urea decreased by 435.51 CNY/ton, a decline of 20.79% year-on-year [1] - The average procurement price of phosphoric acid decreased by 317.01 CNY/ton, a decline of 3.62% year-on-year [1] - The average procurement price of lithium carbonate decreased by 18,916.29 CNY/ton, a decline of 22.88% year-on-year [1]

Core Insights - The average selling price of automotive environmental fine chemicals increased by 0.18% year-on-year for the first three quarters of 2025, while the average selling price of lithium iron phosphate cathode materials decreased by 10.02% year-on-year [1] Summary by Category Sales Performance - The average selling price of automotive environmental fine chemicals rose by 0.18% compared to the same period last year [1] - The average selling price of lithium iron phosphate cathode materials fell by 10.02% compared to the same period last year [1] Raw Material Price Changes - The average procurement price of base oil decreased by 110.13 CNY/ton, a decline of 1.39% year-on-year [1] - The average procurement price of ethylene glycol increased by 61.30 CNY/ton, an increase of 1.55% year-on-year [1] - The average procurement price of urea decreased by 435.51 CNY/ton, a decline of 20.79% year-on-year [1] - The average procurement price of phosphoric acid decreased by 317.01 CNY/ton, a decline of 3.62% year-on-year [1] - The average procurement price of lithium carbonate decreased by 18,916.29 CNY/ton, a decline of 22.88% year-on-year [1]

证券代码：603906 证券简称：龙蟠科技 公告编号：2025-133 江苏龙蟠科技集团股份有限公司 关于 2025 年三季度主要经营数据的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 根据上海证券交易所《上海证券交易所上市公司自律监管指引第3号——行业 信息披露》之《第十三号——化工》及相关规定要求，现将公司2025年前三季度 主要经营数据情况披露如下： 注：碳酸锂加工产量仅为对外销售的部分。 二、主要产品和原材料的价格变动情况 （二）主要原材料价格变动情况 公司2025年前三季度主要原材料价格均有不同幅度的变化，其中基础油采购 均价较上年同期减少110.13元/吨，下降1.39%；乙二醇采购均价较上年同期增加 61.30元/吨，增长1.55%；尿素采购均价较上年同期减少435.51元/吨，下降20.79%； 磷酸铁采购均价较上年同期减少317.01元/吨，下降3.62%；碳酸锂采购均价较上 年同期减少18,916.29元/吨，下降22.88%。 主要产品 产量（吨） 销量（吨） 营业收入（万元） 车用环保精细化学品 ...

Core Viewpoint - Longpan Technology (SH 603906) announced its board meeting on October 22, 2025, to discuss the proposal for an extraordinary shareholders' meeting and other documents [1] Group 1: Financial Performance - For the year 2024, Longpan Technology's revenue composition is as follows: lithium iron phosphate cathode materials account for 75.13%, automotive environmental fine chemicals account for 24.17%, and other businesses account for 0.7% [1] - As of the report date, Longpan Technology has a market capitalization of 10.5 billion yuan [1]

Group 1 - The core point of the article is that Longpan Technology has secured a significant overseas order worth over 6 billion yuan from CATL for the supply of lithium iron phosphate cathode materials, accelerating its global expansion strategy [1][3][4] - Longpan Technology's subsidiary, Lithium Source (Asia Pacific), will supply a total of 157,500 tons of lithium iron phosphate cathode materials to CATL's overseas factories from Q2 2026 to 2031, with the contract amount exceeding 6 billion yuan based on current market prices [1][3] - The agreement is expected to strengthen Longpan Technology's long-term order stability and enhance its competitive position in the overseas lithium iron phosphate market [3][4] Group 2 - In the first half of 2025, Longpan Technology reported revenue of 3.622 billion yuan, a year-on-year increase of 1.49%, while net losses narrowed by 61.70% to 85 million yuan, despite challenges in the lithium carbonate market [2][6] - The company has been actively expanding its production capacity and has established multiple production bases for lithium iron phosphate cathode materials in China, with ongoing projects in Indonesia [5][6] - Longpan Technology plans to raise up to 2 billion yuan through a stock issuance to fund the construction of high-performance cathode material projects, aiming to enhance its production capabilities and meet market demand [5][6]

Group 1 - The core viewpoint of the news is that Longpan Technology has signed a procurement cooperation agreement with CATL for lithium iron phosphate cathode materials, with a total sales amount exceeding 6 billion yuan [1] - The agreement is expected to result in the sale of 157,500 tons of lithium iron phosphate cathode materials from Q2 2026 to 2031, helping the company establish long-term stable relationships with downstream partners and seize overseas market opportunities [1] - The agreement is described as a non-binding intention agreement, with demand forecasts subject to adjustments based on CATL's overseas project progress [1] Group 2 - The market demand for cathode materials is rapidly growing, with a projected 68% year-on-year increase in lithium battery shipments in China for the first half of 2025, reaching 776 GWh [2] - Longpan Technology plans to raise up to 2 billion yuan through a private placement to fund projects for high-performance phosphate cathode materials, enhancing its production capacity and market responsiveness [2] - The company aims to build production lines for fourth-generation high-energy-density lithium iron phosphate cathode materials, while also accommodating various high-performance phosphate cathode materials [2] Group 3 - In the first half of the year, Longpan Technology reported revenue of 3.622 billion yuan, a year-on-year increase of 1.49%, but incurred a net loss of 85 million yuan, a reduction of 61.70% compared to the previous year [3] - The company attributed the losses to a significant decline in lithium iron phosphate prices and inventory impairment losses, but managed to narrow the loss through cost reduction and efficiency improvement strategies [3] - The overall lithium battery industry is still at the bottom of the cycle, impacting the performance of leading companies [3]