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Yongtai Technology has revealed that its fully-owned subsidiary, Zhejiang Yongtai New Energy Materials Co., Ltd., has entered into a cooperation agreement with CATL. Under this agreement, both parties will collaborate on the purchase and sale of the electrolyte additive vinylene carbonate throughout the agreement's duration. The pact will come into effect on June 1, 2026, and remain valid until December 31, 2029. The detailed delivery schedule is outlined as follows: 20,000 tons (with a ±5% variation) in 2027, 30,000 tons (with a ±10% variation) in 2028, and 40,000 tons (with a ±12% variation) in 2029. It is anticipated that this agreement will yield a favorable impact on the company's operational performance from 2027 to 2029, albeit with some uncertainty surrounding the precise purchase quantities.
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