<div id="readability-page-1"><div>Citi published a report stating that CONTEMPORARY AMPEREX (300750.SZ) +8.560 (+2.002%) has signed a 60GWh sodium-ion energy storage battery supply agreement with Beijing HYPOSUNG Technology for a term of three years, and maintained its &#34;Buy&#34; rating. According to foreign media reports, CONTEMPORARY AMPEREX has entered into a three-year 60GWh sodium-ion battery supply agreement with Beijing HYPOSUNG Technology. The company said the agreement signifies that it has successfully resolved various production challenges related to sodium-ion batteries and now possesses large-scale mass production capabilities.At its Tech Day in April 2025, CONTEMPORARY AMPEREX launched its Naxtra sodium-ion battery. At its Tech Day in April 2026, the company indicated that it expects to achieve mass production in 4Q26. Citi expects the company to benefit from its strong research and development capabilities and technological advantages in batteries.The bank noted that it remains constructive on lithium prices in the near term, mainly supported by supply disruptions and robust demand. Its top picks include GANFENGLITHIUM (01772.HK) +3.700 (+4.713%) Short selling $80.29M; Ratio 16.364% (002460.SZ) +2.890 (+3.520%) , TIANQI LITHIUM (09696.HK) +3.700 (+6.357%) Short selling $8.99M; Ratio 2.641% (002466.SZ) +1.570 (+2.165%) , HUNAN YUNENG (301358.SZ) +8.050 (+8.688%) , and CONTEMPORARY AMPEREX A shares. (ha/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-28 16:25.) (A Shares quote is delayed for at least 15 mins.)</div>This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.</div>

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Citi reports that CONTEMPORARY AMPEREXhas signed a three-year, 60GWh sodium-ion battery supply agreement with Beijing HYPOSUNG Technology, maintaining a "Buy" rating. The agreement indicates the company's resolution of production challenges and readiness for mass production. Citi anticipates benefits from CONTEMPORARY AMPEREX's R&D capabilities and technological advantages, while remaining positive on lithium prices due to supply disruptions and strong demand. Top stock picks include GANFENGLITHIUM, TIANQI LITHIUM, and HUNAN YUNENG.

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Citi: CONTEMPORARY AMPEREX  Signs Sodium-ion Energy Storage Cooperation Agreement with HYPOSUNG, Maintains "Buy" Rating