--- title: "Hi-Tech Spring signed a \"Strategic Cooperation and Raw Material Supply Agreement\" with Hefei Qianrui" type: "News" locale: "en" url: "https://longbridge.com/en/news/262370841.md" description: "Hi-Tech Spring signed a \"Strategic Cooperation and Raw Material Supply Agreement\" with Hefei Qianrui Technology Co., Ltd. The agreement is valid from January 1, 2026, to December 31, 2028. Hefei Qianrui will purchase 200,000 tons of electrolyte solvents and additives from Hi-Tech Spring. This cooperation will ensure a stable supply of raw materials for Hefei Qianrui and have a positive impact on Hi-Tech Spring's sales and market competitiveness" datetime: "2025-10-23T07:56:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/262370841.md) - [en](https://longbridge.com/en/news/262370841.md) - [zh-HK](https://longbridge.com/zh-HK/news/262370841.md) --- # Hi-Tech Spring signed a "Strategic Cooperation and Raw Material Supply Agreement" with Hefei Qianrui According to the Zhitong Finance APP, Hi-Tech Spring (301292.SZ) announced that the company signed a "Strategic Cooperation and Raw Material Supply Agreement" with Hefei Qianrui Technology Co., Ltd. (referred to as "Hefei Qianrui") on October 21, 2025. The agreement stipulates that during the validity period of the agreement \[from January 1, 2026, to December 31, 2028\], Hefei Qianrui will purchase 200,000 tons of electrolyte solvents and additives from Hi-Tech Spring. The actual procurement quantity of the products will be based on the orders confirmed by both parties. Hefei Qianrui is a technology-based enterprise specializing in the research and development, process design, production, and sales services of lithium-ion battery electrolytes and related raw material technologies. It has business segments including electrolytes and carbonates, meeting the production needs of various types of lithium battery cells for power, energy storage, and digital applications. The signing of this cooperation agreement between the two parties will initiate comprehensive strategic cooperation and large-scale supply, which is beneficial for fully leveraging the advantages of both parties, ensuring stable raw material supply for Hefei Qianrui in the future, while also positively impacting the company's sales and helping to further enhance the company's brand influence and market competitiveness ### Related Stocks - [301292.CN](https://longbridge.com/en/quote/301292.CN.md) ## Related News & Research - [BYD is booming in Australia, but in China it continues to suffer a sales decline. What’s the turnaround plan?](https://longbridge.com/en/news/286722736.md) - [FOMC MINUTES: MORE PARTICIPANTS WANTED TO REMOVE EASING BIAS THAN INDICATED BY NUMBER OF DISSENTS; GENERALLY, HAWKISH SENTIMENTS SEEMED TO DOMINATE](https://longbridge.com/en/news/287103717.md) - [13:15 ETInventHelp Inventor Develops Newly Designed Propane Grill (TLS-1328)](https://longbridge.com/en/news/286948467.md) - [ZAWYA: KIB Group, represented by KIB Invest, acts as Joint Lead Manager in landmark $700mln Sukuk issuance by First Abu Dhabi Bank](https://longbridge.com/en/news/287054139.md) - [HSA warns public against consuming herbal remedy containing potent steroid](https://longbridge.com/en/news/287022845.md)