Longpan Technology (02465.HK) subsidiary plans to supply 150,000 tons of lithium iron phosphate cathode material to Wuhan Chn Energy, Xiaogan Chn Energy, and Yichang Chn Energy.

date
13/05/2025
Wisdom Finance and Economics APP news, Long Ban Technology (02465.HK) announced that on May 9, 2025, the company's directly held non-wholly owned subsidiary Changzhou Lithium Source New Energy Technology Co., Ltd. (Changzhou Lithium Source) and its indirectly held non-wholly owned subsidiary Nanjing Lithium Source Nanotechnology Co., Ltd. (Nanjing Lithium Source, together with Changzhou Lithium Source are collectively referred to as the "seller") have entered into a production material procurement strategic cooperation agreement and supplementary agreement ("Agreement") with the wholly owned subsidiary of Chu Neng New Energy Co., Ltd. Wuhan Chu Neng New Energy Co., Ltd. (Wuhan Chu Neng), Xiaogan Chu Neng New Energy Innovation Technology Co., Ltd. (Xiaogan Chu Neng) and Yichang Chu Neng New Energy Innovation Technology Co., Ltd. (Yichang Chu Neng, together with Wuhan Chu Neng and Xiaogan Chu Neng are collectively referred to as the "buyer").