Longpan Technology: Signed a procurement cooperation agreement with CATL for lithium iron phosphate cathode materials.

Longpan Technology announced that its holding subsidiary, Lithium Source, has signed a "Lithium Iron Phosphate Cathode Material Procurement Cooperation Agreement" with CATL. It is expected to sell a total of 157,500 tons of lithium iron phosphate cathode materials that meet the agreed specifications to CATL's overseas factories from the second quarter of 2026 to 2031, with a total sales amount exceeding 6 billion yuan. This agreement is a sales cooperation agreement related to daily operations, which helps the company establish long-term stable relationships with downstream partners and seize the overseas market first. However, the agreement is only an intent agreement, and the specific sales quantity, amount, and income are uncertain.