Longpan Technology (603906.SH): Signed a 5 billion yuan sales contract for lithium iron phosphate cathode materials with Eve Energy
Zhixun Finance APP News, Longpan Technology (603906.SH) announced that its subsidiary LBMNEWENERGY(AP)PTE.LTD. (hereinafter referred to as "Lithium Source (Asia Pacific)") signed a "Production Pricing Agreement" with Eve Energy Malaysia Sdn. Bhd. (hereinafter referred to as "Eve Energy"). According to the agreement, it is expected that Lithium Source (Asia Pacific) and its affiliated companies (hereinafter referred to as the "seller") will collectively sell 152,000 tons of lithium iron phosphate cathode materials that meet the agreed specifications to Eve Energy and its affiliated companies (hereinafter referred to as the "buyer") from 2026 to 2030. The agreement also allows the buyer to adjust the expected demand within a certain range with prior notice, and the specific unit price will be determined quarterly by both parties according to the terms of this agreement. Based on the estimated quantity and market price, the total sales amount of the contract is expected to exceed 5 billion yuan.
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