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On April 10, Longbai Group announced that it signed a "Strategic Cooperation Framework Agreement" with Liyang Tianmu Pilot Battery Material Technology Co.
On April 10, Longbai Group announced that it signed a "Strategic Cooperation Framework Agreement" with Liyang Tianmu Pilot Battery Material Technology Co.
Tianmu Pilot plans to purchase 2,000-5,000 tons/year of lithium-ion artificial graphite anode materials from Longbai Group that meet Tianmu Pilot's requirements (mainly matching silicon carbon anodes) from 2022 to 2024.
In terms of product technology, Tianmu Pilot is willing to provide Longbai Group with great help and support in anode material technology
The announcement stated that the signing of a strategic cooperation framework agreement between Longbai Group and Tianmu Pilot will help both parties complement each other's advantages, share resources, fully tap the potential of their respective advantageous fields, and enhance the core competitiveness of both parties
.
This agreement is a cooperation framework agreement.
Subsequent companies will recognize revenue in relevant years according to the orders issued by Tianmu Pilot.
The implementation of the agreement is expected to have a positive impact on the company's future annual operating performance, which is in line with the company's long-term development strategy and the interests of all shareholders
.