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Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) has shared an announcement.
Jiangsu Lopal Tech Co., Ltd. has entered into a Procurement Cooperation Agreement with CATL, a major player in the battery industry, to supply LFP cathode materials from the second quarter of 2026 to December 31, 2031. This agreement, which involves LBM AP, a subsidiary of Lopal Tech, positions the company to play a significant role in CATL’s overseas projects, enhancing its industry standing and potentially increasing its market share in the battery materials sector.
More about Jiangsu Lopal Tech Co. Ltd. Class H
Jiangsu Lopal Tech Co., Ltd. operates in the chemical industry, focusing on the production and supply of lithium iron phosphate (LFP) cathode materials. The company is involved in the development of products and services that cater to the growing demand for advanced battery materials, particularly in the context of electric vehicles and energy storage solutions.
Average Trading Volume: 20,393,569
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$9.66B
See more insights into 2465 stock on TipRanks’ Stock Analysis page.