Longpan Technology's subsidiary Liyuan signed a major supply agreement with LGES

Changzhou Lithium and Asia Pacific Lithium, subsidiaries of Longpan Technology, have signed a new supply agreement with LG Energy Solution (LGES) of South Korea, increasing the sales volume of lithium iron phosphate cathode materials from 160,000 tons to 260,000 tons by 2028. According to market price estimates, the total value of the order is about 10 billion yuan, making it the largest transaction contract in the global lithium iron phosphate market.