Vantone New Energy (688275.SH) signed a supply agreement with CATL for 132.31 million tons of lithium iron phosphate products.

date
19/05/2025
Zhixin Finance APP News, Wanrun New Energy (688275.SH) announced that the company recently signed a "Business Cooperation Agreement" with CATL. According to the agreement, the company will provide CATL with high-quality lithium iron phosphate products in accordance with the agreed supply volume, with an estimated total supply volume of about 1.3231 million tons from May 2025 to 2030. With the comprehensive advantages of the company's products, CATL promises that the monthly purchase volume from 2025 to 2030 will not be less than 80% of the company's committed volume, and the monthly delivery plan for each year will be signed by both parties before October 1 of the previous year. At the same time, the two parties will establish a mechanism for long-term cooperation, jointly promote the iteration and mass production introduction of high-voltage high-density lithium iron phosphate products, and jointly explore the new energy market.