Stock Track | LOPAL TECH Soars 12.21% Intraday on Major Lithium Iron Phosphate Contracts
Stock Track
Dec 03, 2025
LOPAL TECH (02465) surged 12.21% during the intraday session on Wednesday, reflecting strong investor optimism following the announcement of significant long-term contracts for lithium iron phosphate (LFP) cathode materials.
The company's subsidiary signed a procurement agreement with Sunwoda, estimated to generate sales between RMB 4.5 billion and RMB 5.5 billion. Additionally, LOPAL TECH recently expanded its agreement with Chuneng New Energy, increasing the sales volume to 1.3 million metric tons of LFP cathode materials, with projected sales exceeding RMB 45 billion. These contracts significantly bolster the company's revenue outlook and have driven the stock's sharp rise.
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