LOPAL TECH: Signed a procurement cooperation agreement for lithium iron phosphate cathode materials with CATL

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