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TMT Acquisition Corp (TMTC) has provided an announcement.
TMT Acquisition Corp has announced its merger partner eLong Power, known for developing high-power lithium-ion batteries, has secured a substantial RMB 480 million energy storage system supply contract, signaling a significant step forward in their business combination process. Shareholders are advised to read the forthcoming proxy statement/prospectus for vital information before voting on the merger, which holds the potential to reshape the future of energy storage and electric vehicle technologies.
See more insights into TMTC stock on TipRanks’ Stock Analysis page.