On September 30, Zhejiang Huayou Cobalt Co., Ltd. (Stock Code: 603799) disclosed that its affiliate, Huayou New Energy Technology (Quzhou) Co., Ltd., has entered into a Ternary Precursor Supply Agreement with LG Energy Solution (LGES). Under this agreement, Huayou New Energy Technology (Quzhou) Co., Ltd. commits to delivering roughly 76,000 metric tons of ternary precursor products to LGES and its designated buyers during the period from 2026 to 2030. In a parallel move, its other subsidiaries, Chengdu Bamo Technology Co., Ltd. and BAMO TECHNOLOGY HUNGARY KFT., have concluded a Basic Purchase Contract for ternary cathode materials with LGES and its Polish facility. This contract stipulates the supply of around 88,000 metric tons of battery ternary cathode materials to LGES and its Polish plant over the same five-year span. The execution of these contracts is anticipated to yield a favorable influence on the company's operational results between 2026 and 2030.