Longpan Technology (603906.SH) Sun Company signed a long-term procurement agreement for lithium iron phosphate cathode materials with an estimated total sales amount of about 45-5.5 billion yuan

Zhitong Finance App News, Longpan Technology (603906.SH) issued an announcement. The company holds Sun Company Lithium Source (Asia Pacific) and Sunwoda signed a “Long-term Purchase Agreement”. According to the agreement, it is estimated that Lithium Source (Asia Pacific) will sell a total of 106,800 tons of lithium iron phosphate cathode materials that meet the specifications agreed by the parties to Sunwoda between 2026 and 2030, with a total contract sales amount of approximately RMB 45-5.5 billion.

This agreement is a sales contract related to daily operations. The signing of this agreement helps establish long-term stable relationships with downstream partners, helps the stable sales of the company's products, and conforms to the company's development strategy plan. If the contract is successfully executed, it will have a positive impact on the company's future performance.