HK Stock Movement | LOPAL TECH (02465) Rises Over 6% Again as Company Expands Cooperation with Chuangneng New Energy, Total Sales Exceed RMB 45 Billion

Stock News11-26

LOPAL TECH (02465) surged over 6% again, rising 5.68% to HKD 16 at the time of writing, with a trading volume of HKD 200 million. The company announced an adjustment in its total sales to Chuangneng New Energy, increasing from over RMB 5 billion to more than RMB 45 billion.

Previously, on May 9, LOPAL TECH signed a sales agreement with Chuangneng New Energy for 150,000 tons of lithium iron phosphate (LFP) cathode materials, valid from April 30, 2025, to April 30, 2030. The two parties have now signed a supplementary agreement, extending the contract term to the end of 2030 and increasing the sales volume of LFP cathode materials to 1.3 million tons.

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