Jiangsu Lopal Tech. Group (603906.SH) Subsidiary Signs Lithium Iron Phosphate Cathode Material Sales Agreement with Jiyao Tongxing

Jiangsu Lopal Tech. Group (603906.SH) announced that its second-tier holding subsidiary, Nanjing Lithium Source Nano Technology Co., Ltd. ("Nanjing Lithium Source"), signed a Strategic Cooperation Framework Agreement with Zhejiang Jiyao Tongxing Energy Technology Co., Ltd. ("Jiyao Tongxing"). Under the agreement, provided that product settlement prices are competitive and delivery cycles, quality, and technical requirements are met, Nanjing Lithium Source and its affiliated production parties will collectively sell 378,600 to 567,800 tons of lithium iron phosphate cathode material to Jiyao Tongxing from 2026 to 2030, with specific sales volumes determined by orders. Specific unit prices are subject to fluctuations in key raw material prices and will be determined monthly by both parties in accordance with the agreement terms. The signing of this agreement will help the company establish long-term stable relationships with downstream partners, enhance its competitiveness in the new energy battery materials sector, and align with the company's strategic development plan.