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Jiangsu Lopal Tech Co. Ltd. Class H ( (HK:2465) ) just unveiled an announcement.
Jiangsu Lopal Tech Co., Ltd. has announced the signing of a significant long-term procurement agreement with Sunwoda Automotive Energy Technology (Thailand) Co., Ltd. The agreement entails the sale of 106,800 tonnes of lithium iron phosphate cathode material over the period from 2026 to 2030, with an estimated contract value between RMB4.5 billion and RMB5.5 billion. This strategic partnership is expected to enhance Jiangsu Lopal Tech’s market position in the new energy sector, potentially increasing its influence and operational scale in the automotive energy technology market.
More about Jiangsu Lopal Tech Co. Ltd. Class H
Jiangsu Lopal Tech Co., Ltd. is a company based in the People’s Republic of China, primarily involved in the production and sale of lithium iron phosphate cathode materials. The company operates within the new energy sector, focusing on providing materials essential for automotive energy technology.
Average Trading Volume: 20,742,172
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$12.46B
For a thorough assessment of 2465 stock, go to TipRanks’ Stock Analysis page.