Longbai Group and Jie Wei Power signed a strategic cooperation framework agreement to promote the high-quality development of lithium power industry.

Longbai Group (002601.SZ) announced that recently, the company and Tianjin Jie Wei Power Industry Co., Ltd. (hereinafter referred to as "Jie Wei Power") signed a "Strategic Cooperation Framework Agreement". Both sides are based on the strategic orientation of long-term high-quality development. In order to fully tap the potential of their respective areas of advantages and enhance the core competitiveness of both sides, through friendly consultation, they agreed to establish a future-oriented and long-term and stable strategic partnership on the basis of complementary advantages, mutual benefit, cooperation and common development.

It is reported that the main content of the agreement is to take the "Lithium electricity Alliance" as the carrier to establish a mutually beneficial cooperation mechanism to promote the high-quality development of the lithium power industry. Driven by "technological innovation", we will explore new models of scientific research cooperation and jointly build a research and development platform for the exchange of resources. Led by "industrial coupling", tap the interactive potential of the industrial chain and create a closed-loop ecosystem. Take "industrial coordination" as the starting point, establish a new mechanism for exchange and visits, and jointly consolidate the strategic foundation of strengthening enterprises with talents. Driven by "corporate culture", we will create a new environment for wind-clearing and air-clearing, and jointly create new targets for propaganda and guidance. The strategic cooperation agreement shall enter into force on the date of signing, with a validity period of three years, and shall be renewed or agreed upon according to the actual situation after the expiration of the period.