BYD's 100,000-Ton Level Cooperation! This Chemical Enterprise Secures New Energy Material Order

On January 26, Shandong Haike New Power Material Technology Co., Ltd. (hereinafter referred to as "Haike New Power") announced that Haike New Power and Shenzhen BYD Lithium Battery Co., Ltd. (hereinafter referred to as "BYD Lithium Battery") signed a contract on January 23, 2026.Long-term Cooperation Agreement and Hubei Project Pipeline Transportation Cooperation Agreement(hereinafter referred to as "this Agreement"). The Agreement stipulates that the term of the Agreement is 3 years, and within the term of the Agreement, Haike Xinyuan shall supply at least 100,000 tons of the products purchased under the Agreement to BYD Lithium Battery Hubei Project by pipeline transportation annually.

Main contents of the agreement

The agreement is valid for three years. BYD Lithium Battery Hubei Project plans to purchase four types of solvents from Haike Xinyuan, which are:Dimethyl Carbonate/DMC, Ethylene Carbonate/EC, Ethyl Methyl Carbonate/EMC, Diethyl Carbonate/DECRegarding the aforementioned four solvents, Haike New Energy guarantees a production capacity that will meet BYD's lithium battery Hubei project's demand of at least 100,000 tons of products annually.

Hekang Xinyuan shall undertake the construction of pipelines and related expenses, ensuring that its products prioritize meeting the continuous demand for electrolyte production at BYD's Hubei lithium battery project.

Specific purchase volumes, purchase dates, and other details shall be subject to the purchase-related agreements, purchase orders, and other contracts signed by both parties.