Fulin Precision Co.,Ltd. (300432.SZ) announced that its controlling subsidiary Jiangxi Shenghua New Materials Co., Ltd. (referred to as "Jiangxi Shenghua") had previously signed a "Business Cooperation Agreement" and its supplemental agreements with CATL. Recently, the company's controlling subsidiary Jiangxi Shenghua has signed an "Advance Payment Agreement" with CATL, whereby CATL agrees to pay a total of 1.5 billion yuan in advance payments to Jiangxi Shenghua. The payments are intended to secure Jiangxi Shenghua's promised lithium iron phosphate supply volume to CATL and to support Jiangxi Shenghua's development of more competitive raw material infrastructure. The advance payments will be made in two installments: 500 million yuan in September 2025 and 1 billion yuan in November 2025.