Fulin Precision Co.,Ltd. (300432.SZ): CATL to Pay 1.5 Billion Yuan Advance Payment to Jiangxi Shenghua to Secure Lithium Iron Phosphate Supply

Stock News

Sep 18

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.

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(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.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fulin Precision Co.,Ltd. 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(300432.SZ): CATL to Pay 1.5 Billion Yuan Advance Payment to Jiangxi Shenghua to Secure Lithium Iron Phosphate Supply\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-09-18 17:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>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.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"","article_id":"1132047964","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1132047964","pubTimestamp":1758186042,"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":"Fulin Precision Co.,Ltd. (300432.SZ) announced that its controlling subsidiary Jiangxi Shenghua New Materials Co., Ltd. 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(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.","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"}}}