Jiangsu Lopal Tech's Subsidiary Signs LFP Cathode Material Supply Agreement with CATL

Stock News

2025/09/15

Jiangsu Lopal Tech. Group Co.,Ltd. (603906.SH) announced that its controlled subsidiary LBM NEW ENERGY(AP)PTE.LTD. (referred to as "Lithium Source Asia Pacific") has signed a "Lithium Iron Phosphate Cathode Material Procurement Cooperation Agreement" with Contemporary Amperex Technology Co., Limited (CATL).

Under the agreement, Lithium Source Asia Pacific and its wholly-owned or joint venture subsidiaries are expected to supply a total of 157,500 tons of lithium iron phosphate cathode materials meeting mutually agreed specifications to CATL's overseas facilities from the second quarter of 2026 through 2031. The demand volume will be adjusted based on CATL's overseas project progress and forecasted requirements, with final purchase quantities to be confirmed through subsequent framework, annual, or individual purchase contracts signed by both parties. Specific unit prices will be determined through bilateral negotiations.

Based on estimated quantities and market prices, the total contract sales amount is expected to exceed RMB 6 billion.

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Group Co.,Ltd. (603906.SH) announced that its controlled subsidiary LBM NEW ENERGY(AP)PTE.LTD. (referred to as \"Lithium Source Asia Pacific\") has signed a \"Lithium Iron Phosphate Cathode Material Procurement Cooperation Agreement\" with Contemporary Amperex Technology Co., Limited (CATL).</p>\n<p>Under the agreement, Lithium Source Asia Pacific and its wholly-owned or joint venture subsidiaries are expected to supply a total of 157,500 tons of lithium iron phosphate cathode materials meeting mutually agreed specifications to CATL's overseas facilities from the second quarter of 2026 through 2031. The demand volume will be adjusted based on CATL's overseas project progress and forecasted requirements, with final purchase quantities to be confirmed through subsequent framework, annual, or individual purchase contracts signed by both parties. Specific unit prices will be determined through bilateral negotiations.</p>\n<p>Based on estimated quantities and market prices, the total contract sales amount is expected to exceed RMB 6 billion.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SGXZ49509284.SGD","symbol_name":"United China A Shares Innovation A Acc SGD","start_time":0,"source_url":"","article_id":"1125274586","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1125274586","pubTimestamp":1757942423,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Jiangsu Lopal Tech. Group Co.,Ltd. (603906.SH) announced that its controlled subsidiary LBM NEW ENERGY(AP)PTE.LTD. 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ASIA FOCUS EQUITIES \"A\" (USD) ACC","IE00B8L5B284.USD":"BNY MELLON GLOBAL EMERGING MARKETS OPPORTUNITIES \"B\" (USD) INC","SG9999001689.USD":"施罗德亚洲成长股票","LU1997244956.HKD":"ALLIANZ CHINA A-SHARES \"AT\" (HKD) ACC A"},"translate_title":"江苏洛帕尔科技子公司与宁德时代签署LFP正极材料供应协议","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"300750":1,"603906":1,"JKS":1,"03750":1,"EVS.SI":1,"02465":1},"content_text":"Jiangsu Lopal Tech. Group Co.,Ltd. (603906.SH) announced that its controlled subsidiary LBM NEW ENERGY(AP)PTE.LTD. (referred to as \"Lithium Source Asia Pacific\") has signed a \"Lithium Iron Phosphate Cathode Material Procurement Cooperation Agreement\" with Contemporary Amperex Technology Co., Limited (CATL).\nUnder the agreement, Lithium Source Asia Pacific and its wholly-owned or joint venture subsidiaries are expected to supply a total of 157,500 tons of lithium iron phosphate cathode materials meeting mutually agreed specifications to CATL's overseas facilities from the second quarter of 2026 through 2031. The demand volume will be adjusted based on CATL's overseas project progress and forecasted requirements, with final purchase quantities to be confirmed through subsequent framework, annual, or individual purchase contracts signed by both parties. Specific unit prices will be determined through bilateral negotiations.\nBased on estimated quantities and market prices, the total contract sales amount is expected to exceed RMB 6 billion.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}