Slake's Subsidiary Laikewang Wins $360M Cylindrical Battery Shell Supply Deal from Korean Client
Slake (300382.SZ) announced that its controlling subsidiary, Changzhou Laikewang Precision Intelligent Manufacturing Co., Ltd. (referred to as "Laikewang"), recently received a "Project Designation Letter" from a South Korean battery client. Laikewang has been designated for the project and has become a supplier to the client, and will provide the required quantity of cylindrical battery shell products for the project in the future. The designation letter indicates that the project is scheduled from 2027 to 2031, with an estimated total procurement volume of approximately 360 million cylindrical battery shells.