Longpan Technology and Chuneng New Energy signed a strategic cooperation agreement

Jiangsu Longpan Technology Co., Ltd. ("Longpan Technology") announced that its two subsidiaries have signed a "Strategic Cooperation Agreement on Production Material Procurement" and a "Supplementary Agreement" with three wholly-owned subsidiaries of Chuneng New Energy Co., Ltd. According to the agreement, Longpan Technology will supply a total of 150,000 tons of lithium iron phosphate cathode materials to Chuneng New Energy from 2025 to 2029, with an estimated total contract sales of more than 5 billion yuan.