en.Wedoany.com Reported - On June 8, "electrolyte leader" Shenzhen Capchem Technology Co., Ltd. (hereinafter referred to as "Capchem") announced that it has signed an Electrolyte Cooperation Agreement with power battery company Contemporary Amperex Technology Co., Ltd. (hereinafter referred to as "CATL"), establishing a three-year procurement and sales partnership for electrolyte materials.
According to the agreement, the cooperation period runs from 2026 to 2028, during which CATL is expected to purchase a total of 300,000 tons of electrolyte, with volumes increasing year by year. Specifically, the estimated procurement volume is 50,000 tons in 2026, rising to 100,000 tons in 2027, and further increasing to 150,000 tons in 2028.
For Capchem, this agreement not only stabilizes its revenue base but also strengthens its bargaining power in the industry chain.
Capchem stated that the smooth execution of this agreement is expected to have a positive impact on its operating results for the three fiscal years from 2026 to 2028. Additionally, the signing of the agreement helps establish a long-term, stable cooperative relationship between the two parties, further enhancing the company's position in the industry chain, market influence, and core competitiveness, while consolidating its competitive advantage in the market.
It should be noted that the execution of this agreement is subject to uncertainties. Capchem cautioned that during the performance of the agreement, factors such as market demand fluctuations, changes in technical routes, or other reasons may lead to the agreement not being performed as scheduled, not being fully performed, or being terminated.
Regarding liability for breach of contract, CATL and Capchem have agreed that if either party fails to fulfill the terms of this agreement, the parties will prioritize amicable negotiation. If a material breach occurs, the non-breaching party has the right to unilaterally terminate this agreement and demand compensation of 25 million yuan in liquidated damages from the breaching party.
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