[SMM New Energy] Another Listed Lithium Battery Enterprise Secures Major Order

Published: Dec 23, 2025 15:29

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Lithium battery materials listed enterprise Chengxin Lithium (002240.SZ) has issued the "Announcement on Signing a Lithium Chemical Products Cooperation Framework Agreement and Connected Transaction." The announcement indicates that Chengxin Lithium and CALB (03931.HK) intend to sign the "2026-2030 Cooperation Framework Agreement" for business cooperation on lithium chemical products. According to the agreement, CALB will procure 200,000 mt of lithium chemical products from the company from 2026 to 2030, with specific annual procurement volumes to be stipulated in subsequent purchase orders signed by both parties. The announcement also states that Chengxin Lithium's board of directors has reviewed and approved relevant proposals, including the "Proposal on the Company's Private Placement of A-Shares," agreeing to issue A-shares to entities such as Shengtun Group, CALB, and Huayou Holding Group. "Upon completion of this issuance, CALB will become a shareholder holding more than 5% of the company's shares."

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