800,000 Tons Of Electrolyte Products! Tianci Materials Signs Cooperation Agreement With Ruipu Lanjun
Heaven-sent MaterialsIn the announcement, it was stated that on September 22, the wholly-owned subsidiary...Jiujiang Tianci High-tech Materials Co., Ltd.(Jiujiang Tianci hereinafter referred to as)Ruipu Lanjun Energy Co., Ltd.Rui Pu Lan Jun (hereinafter referred to as "Rui Pu Lan Jun") has signed a "Cooperation Agreement." During the validity period of the agreement (from the effective date of this agreement until December 31, 2030), Rui Pu Lan Jun (including Rui Pu Lan Jun's Wenzhou base and its subordinate affiliated companies/bases) will procure no less than 800,000 tons of electrolyte products from Jiujiang Tian Ci.Jiujiang TianciCan be satisfiedRuipulan JunThe monthly maximum demand shall not be less than a supply volume of 20,000 tons. The price of lithium hexafluorophosphate, the core raw material for electrolyte products, shall be determined by both parties through separate negotiation. Tinci Materials believes that the signing of this agreement is conducive to establishing a long-term and stable cooperative relationship between the two parties, facilitating a close supply-demand linkage in the industry, and achieving long-term mutual benefits and a win-win situation, which aligns with the company's long-term development interests. If fully implemented, this agreement will have a positive impact on Tinci Materials' operating performance from 2026 to 2030. The specific impact amount and timing will be determined based on the implementation of the agreement.Heavenly MaterialsRevenue will be recognized in accordance with the performance of the agreement in the relevant year. The signing of the agreement is conducive to enhancing the company's sustainable profitability, increasing the company's market share, consolidating its leading position in the industry, and aligning with the company's long-term development strategy and the interests of all shareholders.
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