Beijing Easpring Material Technology (SHE:300073) signed a strategic cooperation framework agreement with Zhongwei New Materials on Monday, according to a same-day filing with the Shenzhen Bourse.
The partnership focuses on resource development, battery material R&D, and supply chain collaboration.
Both parties aim to enhance industrial synergy and market competitiveness.
The agreement is preliminary and non-binding, with future contracts needed for specific cooperation details.